Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From GBUnited Kingdom you can also send money to

Sending money from UNITED KINGDOM to SOUTH AFRICA

Data collected on: Nov 21, 2023-Dec 05, 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 (%)sort ascending
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.
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
9.9016.50
10.23
Percentage difference between market reference rate 1.27 and exchange rate charged 1.14
10.23
18.4818.48
22.1836.97
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
6.0010.00
9.20
Percentage difference between market reference rate 23.47 and exchange rate charged 21.31
9.20
14.2014.20
17.0428.40
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.996.65
8.30
Percentage difference between market reference rate 23.47 and exchange rate charged 21.52
8.30
11.6311.63
13.9623.27
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.996.65
8.30
Percentage difference between market reference rate 23.47 and exchange rate charged 21.52
8.30
11.6311.63
13.9623.27
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.904.83
5.69
Percentage difference between market reference rate 1.27 and exchange rate charged 1.19
5.69
8.118.11
9.7316.22
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.9016.50
5.47
Percentage difference between market reference rate 1.27 and exchange rate charged 1.20
5.47
13.7213.72
16.4627.43
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.9016.50
5.29
Percentage difference between market reference rate 1.27 and exchange rate charged 1.20
5.29
13.5413.54
16.2527.08
Mukuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.495.82
4.18
Percentage difference between market reference rate 23.82 and exchange rate charged 22.82
4.18
7.097.09
8.5114.18
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
3.996.65
3.78
Percentage difference between market reference rate 23.97 and exchange rate charged 23.06
3.78
7.117.11
8.5314.22
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
3.996.65
3.78
Percentage difference between market reference rate 23.97 and exchange rate charged 23.06
3.78
7.117.11
8.5314.22
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
3.996.65
3.78
Percentage difference between market reference rate 23.97 and exchange rate charged 23.06
3.78
7.117.11
8.5314.22
Cassava Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.594.32
3.52
Percentage difference between market reference rate 23.82 and exchange rate charged 22.98
3.52
5.685.68
6.8211.37
Cassava Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.594.32
3.52
Percentage difference between market reference rate 23.82 and exchange rate charged 22.98
3.52
5.685.68
6.8211.37
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
2.994.98
3.52
Percentage difference between market reference rate 23.49 and exchange rate charged 22.66
3.52
6.016.01
7.2112.02
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
2.994.98
3.52
Percentage difference between market reference rate 23.49 and exchange rate charged 22.66
3.52
6.016.01
7.2112.02
Cassava Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.894.82
3.21
Percentage difference between market reference rate 23.54 and exchange rate charged 22.78
3.21
5.625.62
6.7411.23
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
2.994.98
1.76
Percentage difference between market reference rate 23.82 and exchange rate charged 23.40
1.76
4.254.25
5.108.50
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
1.76
Percentage difference between market reference rate 23.82 and exchange rate charged 23.40
1.76
3.423.42
4.106.83
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
1.993.32
1.76
Percentage difference between market reference rate 23.82 and exchange rate charged 23.40
1.76
3.423.42
4.106.83
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.98
1.76
Percentage difference between market reference rate 23.82 and exchange rate charged 23.40
1.76
4.254.25
5.108.50
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
2.994.98
1.76
Percentage difference between market reference rate 23.82 and exchange rate charged 23.40
1.76
4.254.25
5.108.50
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.98
1.76
Percentage difference between market reference rate 23.82 and exchange rate charged 23.40
1.76
4.254.25
5.108.50
ExpressLinks UK
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.958.25
1.46
Percentage difference between market reference rate 23.04 and exchange rate charged 22.70
1.46
5.595.59
6.7111.18
Mukuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.899.82
0.43
Percentage difference between market reference rate 23.82 and exchange rate charged 23.72
0.43
5.345.34
6.4110.68
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.398.98
0.01
Percentage difference between market reference rate 23.85 and exchange rate charged 23.85
0.01
4.504.50
5.409.00
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.398.98
0.01
Percentage difference between market reference rate 23.85 and exchange rate charged 23.85
0.01
4.504.50
5.409.00
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.868.10
0.01
Percentage difference between market reference rate 23.85 and exchange rate charged 23.85
0.01
4.064.06
4.878.12
Total Average Fourth Quarter 2023
7.287.28
Total Average Third Quarter 2023
6.996.99
Total Average
Fee
4.397.32
Exchange Rate Margin (%)
3.623.62
Total Cost Percent (%)
7.287.28
Total Cost (GBP) Total Cost (USD)
8.7414.56
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
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
1.76
Percentage difference between market reference rate 23.82 and exchange rate charged 23.40
1.76
2.422.42
7.2612.10
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
1.993.32
1.76
Percentage difference between market reference rate 23.82 and exchange rate charged 23.40
1.76
2.422.42
7.2612.10
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
6.0110.02
0.01
Percentage difference between market reference rate 23.85 and exchange rate charged 23.85
0.01
2.012.01
6.0310.05
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
2.994.98
1.76
Percentage difference between market reference rate 23.82 and exchange rate charged 23.40
1.76
2.762.76
8.2813.80
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.98
1.76
Percentage difference between market reference rate 23.82 and exchange rate charged 23.40
1.76
2.762.76
8.2813.80
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
2.994.98
1.76
Percentage difference between market reference rate 23.82 and exchange rate charged 23.40
1.76
2.762.76
8.2813.80
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.98
1.76
Percentage difference between market reference rate 23.82 and exchange rate charged 23.40
1.76
2.762.76
8.2813.80
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
7.2812.13
0.01
Percentage difference between market reference rate 23.85 and exchange rate charged 23.85
0.01
2.442.44
7.3212.20
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
7.2812.13
0.01
Percentage difference between market reference rate 23.85 and exchange rate charged 23.85
0.01
2.442.44
7.3212.20
Mukuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.8911.48
0.43
Percentage difference between market reference rate 23.82 and exchange rate charged 23.72
0.43
2.732.73
8.1913.65
ExpressLinks UK
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.958.25
1.46
Percentage difference between market reference rate 23.04 and exchange rate charged 22.70
1.46
3.113.11
9.3315.55
Cassava Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.894.82
3.21
Percentage difference between market reference rate 23.54 and exchange rate charged 22.78
3.21
4.174.17
12.5120.85
Cassava Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.594.32
3.52
Percentage difference between market reference rate 23.82 and exchange rate charged 22.98
3.52
4.384.38
13.1421.90
Cassava Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.594.32
3.52
Percentage difference between market reference rate 23.82 and exchange rate charged 22.98
3.52
4.384.38
13.1421.90
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
2.994.98
3.52
Percentage difference between market reference rate 23.49 and exchange rate charged 22.66
3.52
4.524.52
13.5622.60
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
2.994.98
3.52
Percentage difference between market reference rate 23.49 and exchange rate charged 22.66
3.52
4.524.52
13.5622.60
Mukuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.495.82
3.91
Percentage difference between market reference rate 23.82 and exchange rate charged 22.89
3.91
5.075.07
15.2125.35
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
3.996.65
3.78
Percentage difference between market reference rate 23.97 and exchange rate charged 23.06
3.78
5.115.11
15.3325.55
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
3.996.65
3.78
Percentage difference between market reference rate 23.97 and exchange rate charged 23.06
3.78
5.115.11
15.3325.55
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
3.996.65
3.78
Percentage difference between market reference rate 23.97 and exchange rate charged 23.06
3.78
5.115.11
15.3325.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.904.83
5.69
Percentage difference between market reference rate 1.27 and exchange rate charged 1.19
5.69
6.666.66
19.9833.30
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.996.65
8.30
Percentage difference between market reference rate 23.47 and exchange rate charged 21.52
8.30
9.639.63
28.8948.15
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.996.65
8.30
Percentage difference between market reference rate 23.47 and exchange rate charged 21.52
8.30
9.639.63
28.8948.15
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
19.9033.17
5.29
Percentage difference between market reference rate 1.27 and exchange rate charged 1.20
5.29
11.9211.92
35.7659.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
19.9033.17
5.47
Percentage difference between market reference rate 1.27 and exchange rate charged 1.20
5.47
12.1012.10
36.3060.50
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
6.0010.00
9.20
Percentage difference between market reference rate 23.47 and exchange rate charged 21.31
9.20
11.2011.20
33.6056.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
19.9033.17
10.23
Percentage difference between market reference rate 1.27 and exchange rate charged 1.14
10.23
16.8616.86
50.5884.30
Total Average Fourth Quarter 2023
5.525.52
Total Average Third Quarter 2023
5.035.03
Total Average
Fee
5.729.53
Exchange Rate Margin (%)
3.613.61
Total Cost Percent (%)
5.525.52
Total Cost (GBP) Total Cost (USD)
16.5527.59
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