Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From GBUnited Kingdom you can also send money to

Sending money from UNITED KINGDOM to SIERRA LEONE

Data collected on: Aug 21, 2023-Sep 03, 2023
GBP | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (GBP)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.993.32
5.10
Percentage difference between market reference rate 28.41 and exchange rate charged 26.96
5.10
6.766.76
8.1113.52
CashMinute
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.003.33
1.00
Percentage difference between market reference rate 27.78 and exchange rate charged 27.50
1.00
2.672.67
3.205.33
CashMinute
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.003.33
0.97
Percentage difference between market reference rate 27.77 and exchange rate charged 27.50
0.97
2.642.64
3.175.28
ACE Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.993.32
4.64
Percentage difference between market reference rate 28.42 and exchange rate charged 27.11
4.64
6.306.30
7.5612.60
ACE Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.993.32
4.64
Percentage difference between market reference rate 28.42 and exchange rate charged 27.11
4.64
6.306.30
7.5612.60
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
3.606.00
3.20
Percentage difference between market reference rate 27.66 and exchange rate charged 26.78
3.20
6.206.20
7.4412.40
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.606.00
3.20
Percentage difference between market reference rate 27.66 and exchange rate charged 26.78
3.20
6.206.20
7.4412.40
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.404.00
3.20
Percentage difference between market reference rate 27.66 and exchange rate charged 26.78
3.20
5.205.20
6.2410.40
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.404.00
3.20
Percentage difference between market reference rate 27.66 and exchange rate charged 26.78
3.20
5.205.20
6.2410.40
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
8.0013.33
3.90
Percentage difference between market reference rate 28.39 and exchange rate charged 27.28
3.90
10.5710.57
12.6821.13
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.994.98
5.10
Percentage difference between market reference rate 28.41 and exchange rate charged 26.96
5.10
7.597.59
9.1115.18
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
2.994.98
5.10
Percentage difference between market reference rate 28.41 and exchange rate charged 26.96
5.10
7.597.59
9.1115.18
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.994.98
5.10
Percentage difference between market reference rate 28.41 and exchange rate charged 26.96
5.10
7.597.59
9.1115.18
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
2.994.98
5.10
Percentage difference between market reference rate 28.41 and exchange rate charged 26.96
5.10
7.597.59
9.1115.18
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
4.006.67
2.08
Percentage difference between market reference rate 27.80 and exchange rate charged 27.22
2.08
5.415.41
6.4910.82
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
1.993.32
5.10
Percentage difference between market reference rate 28.41 and exchange rate charged 26.96
5.10
6.766.76
8.1113.52
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
5.509.17
4.46
Percentage difference between market reference rate 27.90 and exchange rate charged 26.65
4.46
9.049.04
10.8518.08
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.993.32
4.36
Percentage difference between market reference rate 27.93 and exchange rate charged 26.71
4.36
6.026.02
7.2212.03
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.993.32
4.36
Percentage difference between market reference rate 27.93 and exchange rate charged 26.71
4.36
6.026.02
7.2212.03
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.993.32
4.36
Percentage difference between market reference rate 27.93 and exchange rate charged 26.71
4.36
6.026.02
7.2212.03
Kanson Services
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
Medium
Receiving method
Low
4.507.50
1.87
Percentage difference between market reference rate 28.33 and exchange rate charged 27.80
1.87
5.625.62
6.7411.23
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.9016.50
11.46
Percentage difference between market reference rate 27.75 and exchange rate charged 24.57
11.46
19.7119.71
23.6539.42
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.27
Percentage difference between market reference rate 27.66 and exchange rate charged 27.03
2.27
2.272.27
2.724.53
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
6.0010.00
4.51
Percentage difference between market reference rate 28.43 and exchange rate charged 27.15
4.51
9.519.51
11.4119.02
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
4.006.67
2.11
Percentage difference between market reference rate 27.81 and exchange rate charged 27.22
2.11
5.445.44
6.5310.88
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
6.0010.00
4.51
Percentage difference between market reference rate 28.43 and exchange rate charged 27.15
4.51
9.519.51
11.4119.02
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
4.006.67
2.11
Percentage difference between market reference rate 27.81 and exchange rate charged 27.22
2.11
5.445.44
6.5310.88
Total Average Third Quarter 2023
6.866.86
Total Average Second Quarter 2023
5.695.69
Total Average
Fee
3.475.79
Exchange Rate Margin (%)
3.963.96
Total Cost Percent (%)
6.866.86
Total Cost (GBP) Total Cost (USD)
8.2313.71
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
19.9033.17
11.46
Percentage difference between market reference rate 27.75 and exchange rate charged 24.57
11.46
18.0918.09
54.2790.45
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
8.0013.33
3.90
Percentage difference between market reference rate 28.39 and exchange rate charged 27.28
3.90
6.576.57
19.7132.85
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
6.0010.00
4.51
Percentage difference between market reference rate 28.43 and exchange rate charged 27.15
4.51
6.516.51
19.5332.55
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
6.0010.00
4.51
Percentage difference between market reference rate 28.43 and exchange rate charged 27.15
4.51
6.516.51
19.5332.55
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
5.509.17
4.46
Percentage difference between market reference rate 27.90 and exchange rate charged 26.65
4.46
6.296.29
18.8731.45
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
9.0015.00
3.20
Percentage difference between market reference rate 27.66 and exchange rate charged 26.78
3.20
6.206.20
18.6031.00
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
9.0015.00
3.20
Percentage difference between market reference rate 27.66 and exchange rate charged 26.78
3.20
6.206.20
18.6031.00
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
2.994.98
5.10
Percentage difference between market reference rate 28.41 and exchange rate charged 26.96
5.10
6.106.10
18.3030.50
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.994.98
5.10
Percentage difference between market reference rate 28.41 and exchange rate charged 26.96
5.10
6.106.10
18.3030.50
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
2.994.98
5.10
Percentage difference between market reference rate 28.41 and exchange rate charged 26.96
5.10
6.106.10
18.3030.50
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.994.98
5.10
Percentage difference between market reference rate 28.41 and exchange rate charged 26.96
5.10
6.106.10
18.3030.50
ACE Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
3.996.65
4.64
Percentage difference between market reference rate 28.42 and exchange rate charged 27.11
4.64
5.975.97
17.9129.85
ACE Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
3.996.65
4.64
Percentage difference between market reference rate 28.42 and exchange rate charged 27.11
4.64
5.975.97
17.9129.85
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
1.993.32
5.10
Percentage difference between market reference rate 28.41 and exchange rate charged 26.96
5.10
5.765.76
17.2828.80
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.993.32
5.10
Percentage difference between market reference rate 28.41 and exchange rate charged 26.96
5.10
5.765.76
17.2828.80
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.0010.00
3.20
Percentage difference between market reference rate 27.66 and exchange rate charged 26.78
3.20
5.205.20
15.6026.00
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
6.0010.00
3.20
Percentage difference between market reference rate 27.66 and exchange rate charged 26.78
3.20
5.205.20
15.6026.00
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.993.32
4.36
Percentage difference between market reference rate 27.93 and exchange rate charged 26.71
4.36
5.025.02
15.0625.10
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.993.32
4.36
Percentage difference between market reference rate 27.93 and exchange rate charged 26.71
4.36
5.025.02
15.0625.10
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.993.32
4.36
Percentage difference between market reference rate 27.93 and exchange rate charged 26.71
4.36
5.025.02
15.0625.10
Kanson Services
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
Medium
Receiving method
Low
9.0015.00
1.87
Percentage difference between market reference rate 28.33 and exchange rate charged 27.80
1.87
4.874.87
14.6124.35
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
5.008.33
2.11
Percentage difference between market reference rate 27.81 and exchange rate charged 27.22
2.11
3.783.78
11.3418.90
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
5.008.33
2.11
Percentage difference between market reference rate 27.81 and exchange rate charged 27.22
2.11
3.783.78
11.3418.90
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
5.008.33
2.08
Percentage difference between market reference rate 27.80 and exchange rate charged 27.22
2.08
3.753.75
11.2518.75
CashMinute
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.006.67
1.00
Percentage difference between market reference rate 27.78 and exchange rate charged 27.50
1.00
2.332.33
6.9911.65
CashMinute
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.006.67
0.97
Percentage difference between market reference rate 27.77 and exchange rate charged 27.50
0.97
2.302.30
6.9011.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.27
Percentage difference between market reference rate 27.66 and exchange rate charged 27.03
2.27
2.272.27
6.8111.35
Total Average Third Quarter 2023
5.665.66
Total Average Second Quarter 2023
4.464.46
Total Average
Fee
5.088.47
Exchange Rate Margin (%)
3.963.96
Total Cost Percent (%)
5.665.66
Total Cost (GBP) Total Cost (USD)
16.9728.29
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash