Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From GBUnited Kingdom you can also send money to

Sending money from UNITED KINGDOM to ZAMBIA

Data collected on: Feb 22, 2022-Mar 01, 2022
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)sort descendingTotal cost (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Bank branch
Medium
1.803.00
1.13
Percentage difference between market reference rate 23.57 and exchange rate charged 23.31
1.13
2.632.63
3.165.27
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.803.00
1.13
Percentage difference between market reference rate 23.57 and exchange rate charged 23.31
1.13
2.632.63
3.165.27
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.803.00
1.14
Percentage difference between market reference rate 23.57 and exchange rate charged 23.31
1.14
2.642.64
3.175.28
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
2.42
Percentage difference between market reference rate 23.91 and exchange rate charged 23.33
2.42
4.084.08
4.908.17
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
1.993.32
2.43
Percentage difference between market reference rate 23.91 and exchange rate charged 23.33
2.43
4.094.09
4.918.18
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.439.05
0.01
Percentage difference between market reference rate 23.77 and exchange rate charged 23.77
0.01
4.544.54
5.459.08
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.98
2.15
Percentage difference between market reference rate 23.76 and exchange rate charged 23.25
2.15
4.644.64
5.579.28
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.789.63
0.01
Percentage difference between market reference rate 23.77 and exchange rate charged 23.77
0.01
4.834.83
5.809.67
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.98
3.62
Percentage difference between market reference rate 23.75 and exchange rate charged 22.89
3.62
6.126.12
7.3412.23
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
3.996.65
3.35
Percentage difference between market reference rate 23.71 and exchange rate charged 22.92
3.35
6.686.68
8.0213.37
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.65
6.03
Percentage difference between market reference rate 23.75 and exchange rate charged 22.32
6.03
6.866.86
8.2313.72
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
6.0010.00
2.56
Percentage difference between market reference rate 23.88 and exchange rate charged 23.27
2.56
7.567.56
9.0715.12
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
5.008.33
3.65
Percentage difference between market reference rate 23.71 and exchange rate charged 22.85
3.65
7.827.82
9.3815.63
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
8.0013.33
1.28
Percentage difference between market reference rate 23.58 and exchange rate charged 23.28
1.28
7.957.95
9.5415.90
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
8.0013.33
2.15
Percentage difference between market reference rate 23.85 and exchange rate charged 23.34
2.15
8.828.82
10.5817.63
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
9.9916.65
0.56
Percentage difference between market reference rate 1.34 and exchange rate charged 1.33
0.56
8.898.89
10.6717.78
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
8.0013.33
2.40
Percentage difference between market reference rate 23.91 and exchange rate charged 23.34
2.40
9.079.07
10.8818.13
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.904.83
6.81
Percentage difference between market reference rate 23.76 and exchange rate charged 22.14
6.81
9.229.22
11.0618.43
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
9.9916.65
1.07
Percentage difference between market reference rate 1.20 and exchange rate charged 1.18
1.07
9.409.40
11.2818.80
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
4.908.17
9.18
Percentage difference between market reference rate 23.89 and exchange rate charged 21.70
9.18
13.2613.26
15.9126.52
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
4.908.17
9.69
Percentage difference between market reference rate 23.88 and exchange rate charged 21.56
9.69
13.7813.78
16.5427.57
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
9.9016.50
9.11
Percentage difference between market reference rate 23.76 and exchange rate charged 21.59
9.11
17.3617.36
20.8334.72
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
18.0030.00
4.66
Percentage difference between market reference rate 1.19 and exchange rate charged 1.14
4.66
19.6619.66
23.5939.32
Total Average First Quarter
7.947.94
Total Average Fourth Quarter 2021
7.807.80
Total Average
Fee
5.539.21
Exchange Rate Margin (%)
3.333.33
Total Cost Percent (%)
7.947.94
Total Cost (GBP) Total Cost (USD)
9.5215.87
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 Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
7.0411.73
0.01
Percentage difference between market reference rate 23.77 and exchange rate charged 23.77
0.01
2.352.35
7.0511.75
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Bank branch
Medium
4.507.50
1.13
Percentage difference between market reference rate 23.57 and exchange rate charged 23.31
1.13
2.632.63
7.8913.15
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.507.50
1.13
Percentage difference between market reference rate 23.57 and exchange rate charged 23.31
1.13
2.632.63
7.8913.15
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.507.50
1.14
Percentage difference between market reference rate 23.57 and exchange rate charged 23.31
1.14
2.642.64
7.9213.20
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
7.9313.22
0.01
Percentage difference between market reference rate 23.77 and exchange rate charged 23.77
0.01
2.652.65
7.9513.25
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
2.42
Percentage difference between market reference rate 23.91 and exchange rate charged 23.33
2.42
3.083.08
9.2415.40
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
1.993.32
2.43
Percentage difference between market reference rate 23.91 and exchange rate charged 23.33
2.43
3.093.09
9.2715.45
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.98
2.15
Percentage difference between market reference rate 23.76 and exchange rate charged 23.25
2.15
3.143.14
9.4215.70
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
9.9916.65
0.56
Percentage difference between market reference rate 1.34 and exchange rate charged 1.33
0.56
3.893.89
11.6719.45
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
8.0013.33
1.28
Percentage difference between market reference rate 23.58 and exchange rate charged 23.28
1.28
3.953.95
11.8519.75
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
9.9916.65
1.07
Percentage difference between market reference rate 1.20 and exchange rate charged 1.18
1.07
4.404.40
13.2022.00
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.98
3.62
Percentage difference between market reference rate 23.75 and exchange rate charged 22.89
3.62
4.624.62
13.8623.10
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
3.996.65
3.35
Percentage difference between market reference rate 23.71 and exchange rate charged 22.92
3.35
4.684.68
14.0423.40
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
8.0013.33
2.15
Percentage difference between market reference rate 23.85 and exchange rate charged 23.34
2.15
4.824.82
14.4624.10
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
8.0013.33
2.40
Percentage difference between market reference rate 23.91 and exchange rate charged 23.34
2.40
5.075.07
15.2125.35
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
5.008.33
3.65
Percentage difference between market reference rate 23.71 and exchange rate charged 22.85
3.65
5.325.32
15.9626.60
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.65
6.03
Percentage difference between market reference rate 23.75 and exchange rate charged 22.32
6.03
6.366.36
19.0831.80
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
15.0025.00
2.56
Percentage difference between market reference rate 23.88 and exchange rate charged 23.27
2.56
7.567.56
22.6837.80
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.904.83
6.81
Percentage difference between market reference rate 23.76 and exchange rate charged 22.14
6.81
7.777.77
23.3138.85
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
18.0030.00
4.66
Percentage difference between market reference rate 1.19 and exchange rate charged 1.14
4.66
10.6610.66
31.9853.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
4.908.17
9.18
Percentage difference between market reference rate 23.89 and exchange rate charged 21.70
9.18
10.8110.81
32.4354.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
4.908.17
9.69
Percentage difference between market reference rate 23.88 and exchange rate charged 21.56
9.69
11.3311.33
33.9956.65
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
19.9033.17
9.11
Percentage difference between market reference rate 23.76 and exchange rate charged 21.59
9.11
15.7415.74
47.2278.70
Total Average First Quarter
5.625.62
Total Average Fourth Quarter 2021
5.775.77
Total Average
Fee
6.8711.45
Exchange Rate Margin (%)
3.333.33
Total Cost Percent (%)
5.625.62
Total Cost (GBP) Total Cost (USD)
16.8528.08
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 Mobile wallet