Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From USUnited States you can also send money to

Sending money from UNITED STATES to CABO VERDE

Data collected on: Feb 17, 2022-Mar 08, 2022
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 (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
1.99
Percentage difference between market reference rate 98.73 and exchange rate charged 96.76
1.99
4.494.49
8.988.98
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
1.99
Percentage difference between market reference rate 98.73 and exchange rate charged 96.76
1.99
4.494.49
8.988.98
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.997.99
2.03
Percentage difference between market reference rate 98.73 and exchange rate charged 96.72
2.03
6.036.03
12.0612.06
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.997.99
2.33
Percentage difference between market reference rate 97.30 and exchange rate charged 95.03
2.33
6.336.33
12.6612.66
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.997.99
2.45
Percentage difference between market reference rate 99.15 and exchange rate charged 96.72
2.45
6.456.45
12.9012.90
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
3.24
Percentage difference between market reference rate 101.75 and exchange rate charged 98.45
3.24
7.247.24
14.4814.48
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
12.0012.00
1.99
Percentage difference between market reference rate 98.73 and exchange rate charged 96.76
1.99
7.997.99
15.9815.98
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
11.9911.99
2.45
Percentage difference between market reference rate 99.15 and exchange rate charged 96.72
2.45
8.458.45
16.9016.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
6.92
Percentage difference between market reference rate 98.53 and exchange rate charged 91.71
6.92
9.429.42
18.8418.84
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
7.22
Percentage difference between market reference rate 98.53 and exchange rate charged 91.42
7.22
9.729.72
19.4419.44
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
7.98
Percentage difference between market reference rate 98.53 and exchange rate charged 90.67
7.98
11.9811.98
23.9623.96
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
12.0112.01
7.22
Percentage difference between market reference rate 98.53 and exchange rate charged 91.42
7.22
13.2213.22
26.4426.44
Citibank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Low
35.0035.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
17.5017.50
35.0035.00
Citibank
Firm type: Bank
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Low
35.0035.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
17.5017.50
35.0035.00
Total Average First Quarter
9.349.34
Total Average Fourth Quarter 2021
8.588.58
Total Average
Fee
11.8511.85
Exchange Rate Margin (%)
3.423.42
Total Cost Percent (%)
9.349.34
Total Cost (USD) Total Cost (USD)
18.6918.69
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
1.99
Percentage difference between market reference rate 98.73 and exchange rate charged 96.76
1.99
2.992.99
14.9514.95
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
1.99
Percentage difference between market reference rate 98.73 and exchange rate charged 96.76
1.99
2.992.99
14.9514.95
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.997.99
2.03
Percentage difference between market reference rate 98.73 and exchange rate charged 96.72
2.03
3.633.63
18.1518.15
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.997.99
2.33
Percentage difference between market reference rate 97.30 and exchange rate charged 95.03
2.33
3.933.93
19.6519.65
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.997.99
2.45
Percentage difference between market reference rate 99.15 and exchange rate charged 96.72
2.45
4.054.05
20.2520.25
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
3.24
Percentage difference between market reference rate 101.75 and exchange rate charged 98.45
3.24
4.844.84
24.2024.20
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
22.5022.50
1.99
Percentage difference between market reference rate 98.73 and exchange rate charged 96.76
1.99
6.496.49
32.4532.45
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
22.4922.49
2.45
Percentage difference between market reference rate 99.15 and exchange rate charged 96.72
2.45
6.956.95
34.7534.75
Citibank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Low
35.0035.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
7.007.00
35.0035.00
Citibank
Firm type: Bank
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Low
35.0035.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
7.007.00
35.0035.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
6.92
Percentage difference between market reference rate 98.53 and exchange rate charged 91.71
6.92
7.927.92
39.6039.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.007.00
7.22
Percentage difference between market reference rate 98.53 and exchange rate charged 91.42
7.22
8.628.62
43.1043.10
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
7.98
Percentage difference between market reference rate 98.53 and exchange rate charged 90.67
7.98
9.589.58
47.9047.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
21.5121.51
7.22
Percentage difference between market reference rate 98.53 and exchange rate charged 91.42
7.22
11.5211.52
57.6057.60
Total Average First Quarter
6.256.25
Total Average Fourth Quarter 2021
5.965.96
Total Average
Fee
14.1814.18
Exchange Rate Margin (%)
3.423.42
Total Cost Percent (%)
6.256.25
Total Cost (USD) Total Cost (USD)
31.2531.25
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day
Bank account Cash