Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From USUnited States you can also send money to

Sending money from UNITED STATES to CHINA

Data collected on: Aug 22, 2022-Sep 13, 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.
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
-0.13
Percentage difference between market reference rate 6.90 and exchange rate charged 6.91
-0.13
-0.13-0.13
-0.26-0.26
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
-0.13
Percentage difference between market reference rate 6.90 and exchange rate charged 6.91
-0.13
-0.13-0.13
-0.26-0.26
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.87
Percentage difference between market reference rate 6.90 and exchange rate charged 6.84
0.87
0.870.87
1.741.74
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.992.99
0.90
Percentage difference between market reference rate 6.91 and exchange rate charged 6.85
0.90
2.392.39
4.784.78
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.502.50
5.005.00
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.994.99
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.502.50
5.005.00
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.655.65
0.00
Percentage difference between market reference rate 6.91 and exchange rate charged 6.91
0.00
2.822.82
5.645.64
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.456.45
0.00
Percentage difference between market reference rate 6.91 and exchange rate charged 6.91
0.00
3.233.23
6.466.46
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.992.99
1.91
Percentage difference between market reference rate 6.91 and exchange rate charged 6.78
1.91
3.403.40
6.806.80
Sigue Money Transfers
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
6.996.99
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
3.503.50
7.007.00
Wells Fargo
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
8.008.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
4.004.00
8.008.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
5.005.00
10.0010.00
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
5.005.00
10.0010.00
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.994.99
2.77
Percentage difference between market reference rate 6.91 and exchange rate charged 6.72
2.77
5.275.27
10.5410.54
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
1.31
Percentage difference between market reference rate 6.90 and exchange rate charged 6.81
1.31
5.315.31
10.6210.62
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.1311.13
0.00
Percentage difference between market reference rate 6.91 and exchange rate charged 6.91
0.00
5.565.56
11.1211.12
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
11.9911.99
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
6.006.00
12.0012.00
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
8.998.99
1.91
Percentage difference between market reference rate 6.91 and exchange rate charged 6.78
1.91
6.406.40
12.8012.80
Cathay Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
15.0015.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
7.507.50
15.0015.00
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
20.0020.00
2.77
Percentage difference between market reference rate 6.91 and exchange rate charged 6.72
2.77
12.7712.77
25.5425.54
Citibank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
30.0030.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
15.0015.00
30.0030.00
Citibank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
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 Third Quarter
5.285.28
Total Average Second Quarter
6.936.93
Total Average
Fee
9.469.46
Exchange Rate Margin (%)
0.550.55
Total Cost Percent (%)
5.285.28
Total Cost (USD) Total Cost (USD)
10.5710.57
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 Own/partner bank account
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
Agent
High
0.000.00
-0.13
Percentage difference between market reference rate 6.90 and exchange rate charged 6.91
-0.13
-0.13-0.13
-0.65-0.65
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
-0.13
Percentage difference between market reference rate 6.90 and exchange rate charged 6.91
-0.13
-0.13-0.13
-0.65-0.65
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.87
Percentage difference between market reference rate 6.90 and exchange rate charged 6.84
0.87
0.870.87
4.354.35
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
1.001.00
5.005.00
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.994.99
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
1.001.00
5.005.00
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.992.99
0.90
Percentage difference between market reference rate 6.91 and exchange rate charged 6.85
0.90
1.491.49
7.457.45
Wells Fargo
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
8.008.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
1.601.60
8.008.00
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
9.499.49
0.00
Percentage difference between market reference rate 6.91 and exchange rate charged 6.91
0.00
1.901.90
9.509.50
Sigue Money Transfers
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
9.999.99
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.002.00
10.0010.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.002.00
10.0010.00
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.002.00
10.0010.00
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.992.99
1.91
Percentage difference between market reference rate 6.91 and exchange rate charged 6.78
1.91
2.512.51
12.5512.55
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
12.7012.70
0.00
Percentage difference between market reference rate 6.91 and exchange rate charged 6.91
0.00
2.542.54
12.7012.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
1.31
Percentage difference between market reference rate 6.90 and exchange rate charged 6.81
1.31
2.912.91
14.5514.55
Cathay Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
15.0015.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
3.003.00
15.0015.00
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.994.99
2.77
Percentage difference between market reference rate 6.91 and exchange rate charged 6.72
2.77
3.773.77
18.8518.85
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
22.4922.49
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
4.504.50
22.5022.50
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
26.4126.41
0.00
Percentage difference between market reference rate 6.91 and exchange rate charged 6.91
0.00
5.285.28
26.4026.40
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
17.9917.99
1.91
Percentage difference between market reference rate 6.91 and exchange rate charged 6.78
1.91
5.515.51
27.5527.55
Citibank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
30.0030.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
6.006.00
30.0030.00
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
20.0020.00
2.77
Percentage difference between market reference rate 6.91 and exchange rate charged 6.72
2.77
6.776.77
33.8533.85
Citibank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
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
Total Average Third Quarter
2.882.88
Total Average Second Quarter
4.294.29
Total Average
Fee
11.6411.64
Exchange Rate Margin (%)
0.550.55
Total Cost Percent (%)
2.882.88
Total Cost (USD) Total Cost (USD)
14.4114.41
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 Own/partner bank account