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: Oct 19, 2023-Nov 30, 2023
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)
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
8.008.00
7.81
Percentage difference between market reference rate 100.72 and exchange rate charged 92.85
7.81
11.8111.81
23.6223.62
Citibank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Low
45.0045.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
22.5022.50
45.0045.00
Citibank
Firm type: Bank
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Low
45.0045.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
22.5022.50
45.0045.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.994.99
6.75
Percentage difference between market reference rate 100.72 and exchange rate charged 93.92
6.75
9.259.25
18.5018.50
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
12.0012.00
2.65
Percentage difference between market reference rate 101.83 and exchange rate charged 99.13
2.65
8.658.65
17.3017.30
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.995.99
2.65
Percentage difference between market reference rate 101.83 and exchange rate charged 99.13
2.65
5.655.65
11.3011.30
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.994.99
2.65
Percentage difference between market reference rate 101.83 and exchange rate charged 99.13
2.65
5.155.15
10.3010.30
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
8.008.00
3.49
Percentage difference between market reference rate 101.83 and exchange rate charged 98.28
3.49
7.497.49
14.9814.98
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.9911.99
7.05
Percentage difference between market reference rate 100.72 and exchange rate charged 93.62
7.05
13.0513.05
26.1026.10
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.994.99
7.05
Percentage difference between market reference rate 100.72 and exchange rate charged 93.62
7.05
9.559.55
19.1019.10
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
3.35
Percentage difference between market reference rate 101.36 and exchange rate charged 97.96
3.35
7.357.35
14.7014.70
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
12.0012.00
1.92
Percentage difference between market reference rate 104.59 and exchange rate charged 102.58
1.92
7.927.92
15.8415.84
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.994.99
2.50
Percentage difference between market reference rate 101.34 and exchange rate charged 98.81
2.50
5.005.00
10.0010.00
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.634.63
1.79
Percentage difference between market reference rate 100.72 and exchange rate charged 98.92
1.79
4.114.11
8.228.22
Total Average Fourth Quarter 2023
10.0010.00
Total Average Third Quarter 2023
10.3110.31
Total Average
Fee
12.9012.90
Exchange Rate Margin (%)
3.553.55
Total Cost Percent (%)
10.0010.00
Total Cost (USD) Total Cost (USD)
20.0020.00
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day 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
Internet
Sending network coverage
High
Receiving method
High
4.994.99
6.75
Percentage difference between market reference rate 100.72 and exchange rate charged 93.92
6.75
7.757.75
38.7538.75
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.996.99
7.05
Percentage difference between market reference rate 100.72 and exchange rate charged 93.62
7.05
8.458.45
42.2542.25
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
7.997.99
2.65
Percentage difference between market reference rate 101.83 and exchange rate charged 99.13
2.65
4.254.25
21.2521.25
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.997.99
2.50
Percentage difference between market reference rate 101.34 and exchange rate charged 98.81
2.50
4.104.10
20.5020.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
8.008.00
7.81
Percentage difference between market reference rate 100.72 and exchange rate charged 92.85
7.81
9.419.41
47.0547.05
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
8.008.00
3.49
Percentage difference between market reference rate 101.83 and exchange rate charged 98.28
3.49
5.095.09
25.4525.45
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
3.35
Percentage difference between market reference rate 101.36 and exchange rate charged 97.96
3.35
4.954.95
24.7524.75
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
9.999.99
2.65
Percentage difference between market reference rate 101.83 and exchange rate charged 99.13
2.65
4.654.65
23.2523.25
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.0810.08
1.79
Percentage difference between market reference rate 100.72 and exchange rate charged 98.92
1.79
3.813.81
19.0519.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
21.4921.49
7.05
Percentage difference between market reference rate 100.72 and exchange rate charged 93.62
7.05
11.3511.35
56.7556.75
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
22.4722.47
1.92
Percentage difference between market reference rate 104.59 and exchange rate charged 102.58
1.92
6.416.41
32.0532.05
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
22.4922.49
2.65
Percentage difference between market reference rate 101.83 and exchange rate charged 99.13
2.65
7.157.15
35.7535.75
Citibank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Low
45.0045.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
9.009.00
45.0045.00
Citibank
Firm type: Bank
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Low
45.0045.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
9.009.00
45.0045.00
Total Average Fourth Quarter 2023
6.816.81
Total Average Third Quarter 2023
7.127.12
Total Average
Fee
16.3216.32
Exchange Rate Margin (%)
3.553.55
Total Cost Percent (%)
6.816.81
Total Cost (USD) Total Cost (USD)
34.0634.06
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day 3-5 days
Bank account Cash