Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From USUnited States you can also send money to

Sending money from UNITED STATES to INDIA

Data collected on: Feb 17, 2022-Mar 02, 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.
Wells Fargo
Firm type: Bank
Payment instrument
Access point
Call Center, Agent
Sending network coverage
High
Receiving method
High
0.000.00
0.57
Percentage difference between market reference rate 74.57 and exchange rate charged 74.14
0.57
0.570.57
1.141.14
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.58
Percentage difference between market reference rate 75.33 and exchange rate charged 74.90
0.58
0.580.58
1.161.16
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.001.00
0.47
Percentage difference between market reference rate 75.27 and exchange rate charged 74.91
0.47
0.970.97
1.941.94
Kotak Click2Remit
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.600.60
1.13
Percentage difference between market reference rate 74.52 and exchange rate charged 73.68
1.13
1.431.43
2.862.86
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.990.99
1.01
Percentage difference between market reference rate 75.20 and exchange rate charged 74.44
1.01
1.501.50
3.003.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.591.59
1.01
Percentage difference between market reference rate 75.20 and exchange rate charged 74.44
1.01
1.801.80
3.603.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.991.99
0.87
Percentage difference between market reference rate 75.68 and exchange rate charged 75.02
0.87
1.861.86
3.723.72
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.992.99
0.37
Percentage difference between market reference rate 75.15 and exchange rate charged 74.88
0.37
1.861.86
3.723.72
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.991.99
0.88
Percentage difference between market reference rate 75.33 and exchange rate charged 74.67
0.88
1.871.87
3.743.74
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.992.99
0.45
Percentage difference between market reference rate 75.15 and exchange rate charged 74.82
0.45
1.941.94
3.883.88
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.003.00
0.47
Percentage difference between market reference rate 75.26 and exchange rate charged 74.91
0.47
1.971.97
3.943.94
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.094.09
0.01
Percentage difference between market reference rate 75.17 and exchange rate charged 75.17
0.01
2.052.05
4.104.10
Pangea
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.953.95
0.33
Percentage difference between market reference rate 74.62 and exchange rate charged 74.37
0.33
2.312.31
4.624.62
Pangea
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.953.95
0.35
Percentage difference between market reference rate 74.63 and exchange rate charged 74.37
0.35
2.322.32
4.644.64
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.003.00
0.91
Percentage difference between market reference rate 75.27 and exchange rate charged 74.58
0.91
2.412.41
4.824.82
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
High
1.991.99
1.48
Percentage difference between market reference rate 75.64 and exchange rate charged 74.52
1.48
2.472.47
4.944.94
money2India (ICICI Bank)
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.004.00
0.59
Percentage difference between market reference rate 74.68 and exchange rate charged 74.24
0.59
2.592.59
5.185.18
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.992.99
1.39
Percentage difference between market reference rate 75.16 and exchange rate charged 74.11
1.39
2.892.89
5.785.78
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.004.00
0.91
Percentage difference between market reference rate 75.27 and exchange rate charged 74.58
0.91
2.912.91
5.825.82
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.815.81
0.01
Percentage difference between market reference rate 75.17 and exchange rate charged 75.17
0.01
2.912.91
5.825.82
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.992.99
1.44
Percentage difference between market reference rate 75.16 and exchange rate charged 74.07
1.44
2.942.94
5.885.88
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.992.99
1.55
Percentage difference between market reference rate 75.07 and exchange rate charged 73.91
1.55
3.043.04
6.086.08
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.004.00
1.07
Percentage difference between market reference rate 75.76 and exchange rate charged 74.95
1.07
3.073.07
6.146.14
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.993.99
1.08
Percentage difference between market reference rate 75.33 and exchange rate charged 74.52
1.08
3.073.07
6.146.14
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.994.99
0.76
Percentage difference between market reference rate 75.52 and exchange rate charged 74.95
0.76
3.263.26
6.526.52
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.993.99
1.39
Percentage difference between market reference rate 75.16 and exchange rate charged 74.12
1.39
3.383.38
6.766.76
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
1.03
Percentage difference between market reference rate 75.37 and exchange rate charged 74.60
1.03
3.523.52
7.047.04
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
1.16
Percentage difference between market reference rate 75.77 and exchange rate charged 74.89
1.16
3.653.65
7.307.30
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
6.006.00
1.10
Percentage difference between market reference rate 75.35 and exchange rate charged 74.52
1.10
4.104.10
8.208.20
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
High
6.996.99
0.79
Percentage difference between market reference rate 75.62 and exchange rate charged 75.02
0.79
4.284.28
8.568.56
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.596.59
1.01
Percentage difference between market reference rate 75.20 and exchange rate charged 74.44
1.01
4.304.30
8.608.60
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
0.30
Percentage difference between market reference rate 74.56 and exchange rate charged 74.33
0.30
4.304.30
8.608.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
6.996.99
0.92
Percentage difference between market reference rate 75.64 and exchange rate charged 74.94
0.92
4.414.41
8.828.82
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
8.008.00
0.47
Percentage difference between market reference rate 75.27 and exchange rate charged 74.91
0.47
4.474.47
8.948.94
Remit2India
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.992.99
3.05
Percentage difference between market reference rate 75.16 and exchange rate charged 72.87
3.05
4.554.55
9.109.10
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.396.39
1.44
Percentage difference between market reference rate 75.16 and exchange rate charged 74.07
1.44
4.644.64
9.289.28
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
6.496.49
1.39
Percentage difference between market reference rate 75.16 and exchange rate charged 74.11
1.39
4.644.64
9.289.28
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
9.449.44
0.01
Percentage difference between market reference rate 75.17 and exchange rate charged 75.17
0.01
4.724.72
9.449.44
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
0.91
Percentage difference between market reference rate 75.27 and exchange rate charged 74.58
0.91
4.914.91
9.829.82
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.0010.00
0.08
Percentage difference between market reference rate 75.33 and exchange rate charged 75.27
0.08
5.075.07
10.1410.14
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
1.33
Percentage difference between market reference rate 75.20 and exchange rate charged 74.20
1.33
5.335.33
10.6610.66
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
3.08
Percentage difference between market reference rate 75.20 and exchange rate charged 72.88
3.08
5.585.58
11.1611.16
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
3.08
Percentage difference between market reference rate 75.20 and exchange rate charged 72.88
3.08
5.585.58
11.1611.16
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.0010.00
0.68
Percentage difference between market reference rate 75.33 and exchange rate charged 74.82
0.68
5.685.68
11.3611.36
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
10.0010.00
0.91
Percentage difference between market reference rate 75.27 and exchange rate charged 74.58
0.91
5.915.91
11.8211.82
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
9.999.99
1.39
Percentage difference between market reference rate 75.16 and exchange rate charged 74.12
1.39
6.386.38
12.7612.76
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
12.0012.00
1.03
Percentage difference between market reference rate 75.37 and exchange rate charged 74.60
1.03
7.037.03
14.0614.06
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
12.0012.00
2.07
Percentage difference between market reference rate 75.33 and exchange rate charged 73.77
2.07
8.078.07
16.1416.14
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
12.0112.01
3.08
Percentage difference between market reference rate 75.20 and exchange rate charged 72.88
3.08
9.089.08
18.1618.16
Citibank
Firm type: Bank
Payment instrument
Access point
Internet
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 First Quarter
3.913.91
Total Average Fourth Quarter 2021
3.713.71
Total Average
Fee
5.775.77
Exchange Rate Margin (%)
1.031.03
Total Cost Percent (%)
3.913.91
Total Cost (USD) Total Cost (USD)
7.837.83
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days 6 days or more
Bank account Cash Own/partner bank account
Payment instrument
Access point
Sending network coverage
Receiving method
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
N/AN/A
N/A
not available
N/A
N/AN/A
N/AN/A
Wells Fargo
Firm type: Bank
Payment instrument
Access point
Call Center, Agent
Sending network coverage
High
Receiving method
High
0.000.00
0.57
Percentage difference between market reference rate 74.57 and exchange rate charged 74.14
0.57
0.570.57
2.852.85
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.58
Percentage difference between market reference rate 75.33 and exchange rate charged 74.90
0.58
0.580.58
2.902.90
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.001.00
0.47
Percentage difference between market reference rate 75.27 and exchange rate charged 74.91
0.47
0.670.67
3.353.35
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.992.99
0.37
Percentage difference between market reference rate 75.15 and exchange rate charged 74.88
0.37
0.960.96
4.804.80
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.990.99
1.01
Percentage difference between market reference rate 75.20 and exchange rate charged 74.44
1.01
1.211.21
6.056.05
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.991.99
0.88
Percentage difference between market reference rate 75.33 and exchange rate charged 74.67
0.88
1.271.27
6.356.35
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.004.00
0.47
Percentage difference between market reference rate 75.26 and exchange rate charged 74.91
0.47
1.271.27
6.356.35
Kotak Click2Remit
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.900.90
1.13
Percentage difference between market reference rate 74.52 and exchange rate charged 73.68
1.13
1.311.31
6.556.55
money2India (ICICI Bank)
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.004.00
0.59
Percentage difference between market reference rate 74.68 and exchange rate charged 74.24
0.59
1.391.39
6.956.95
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.954.95
0.45
Percentage difference between market reference rate 75.15 and exchange rate charged 74.82
0.45
1.441.44
7.207.20
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
7.397.39
0.01
Percentage difference between market reference rate 75.17 and exchange rate charged 75.17
0.01
1.481.48
7.407.40
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.003.00
0.91
Percentage difference between market reference rate 75.27 and exchange rate charged 74.58
0.91
1.511.51
7.557.55
Pangea
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.955.95
0.33
Percentage difference between market reference rate 74.62 and exchange rate charged 74.37
0.33
1.521.52
7.607.60
Pangea
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.955.95
0.35
Percentage difference between market reference rate 74.63 and exchange rate charged 74.37
0.35
1.541.54
7.707.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
3.993.99
0.87
Percentage difference between market reference rate 75.68 and exchange rate charged 75.02
0.87
1.661.66
8.308.30
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.004.00
0.91
Percentage difference between market reference rate 75.27 and exchange rate charged 74.58
0.91
1.711.71
8.558.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.983.98
1.01
Percentage difference between market reference rate 75.20 and exchange rate charged 74.44
1.01
1.801.80
9.009.00
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
9.279.27
0.01
Percentage difference between market reference rate 75.17 and exchange rate charged 75.17
0.01
1.861.86
9.309.30
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.004.00
1.07
Percentage difference between market reference rate 75.76 and exchange rate charged 74.95
1.07
1.871.87
9.359.35
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.993.99
1.08
Percentage difference between market reference rate 75.33 and exchange rate charged 74.52
1.08
1.871.87
9.359.35
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
0.30
Percentage difference between market reference rate 74.56 and exchange rate charged 74.33
0.30
1.901.90
9.509.50
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
3.993.99
1.10
Percentage difference between market reference rate 75.35 and exchange rate charged 74.52
1.10
1.901.90
9.509.50
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.992.99
1.39
Percentage difference between market reference rate 75.16 and exchange rate charged 74.11
1.39
1.991.99
9.959.95
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
1.03
Percentage difference between market reference rate 75.37 and exchange rate charged 74.60
1.03
2.032.03
10.1510.15
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.992.99
1.44
Percentage difference between market reference rate 75.16 and exchange rate charged 74.07
1.44
2.042.04
10.2010.20
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.992.99
1.55
Percentage difference between market reference rate 75.07 and exchange rate charged 73.91
1.55
2.152.15
10.7510.75
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.993.99
1.39
Percentage difference between market reference rate 75.16 and exchange rate charged 74.12
1.39
2.192.19
10.9510.95
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
High
4.994.99
1.48
Percentage difference between market reference rate 75.64 and exchange rate charged 74.52
1.48
2.482.48
12.4012.40
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.0010.00
0.68
Percentage difference between market reference rate 75.33 and exchange rate charged 74.82
0.68
2.682.68
13.4013.40
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
0.76
Percentage difference between market reference rate 75.52 and exchange rate charged 74.95
0.76
2.762.76
13.8013.80
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
1.33
Percentage difference between market reference rate 75.20 and exchange rate charged 74.20
1.33
2.932.93
14.6514.65
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
9.999.99
1.16
Percentage difference between market reference rate 75.77 and exchange rate charged 74.89
1.16
3.153.15
15.7515.75
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
15.0015.00
0.47
Percentage difference between market reference rate 75.27 and exchange rate charged 74.91
0.47
3.473.47
17.3517.35
Remit2India
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.992.99
3.05
Percentage difference between market reference rate 75.16 and exchange rate charged 72.87
3.05
3.653.65
18.2518.25
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.4911.49
1.44
Percentage difference between market reference rate 75.16 and exchange rate charged 74.07
1.44
3.743.74
18.7018.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
2.95
Percentage difference between market reference rate 75.20 and exchange rate charged 72.98
2.95
3.953.95
19.7519.75
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
High
16.5016.50
0.79
Percentage difference between market reference rate 75.62 and exchange rate charged 75.02
0.79
4.094.09
20.4520.45
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
20.5020.50
0.08
Percentage difference between market reference rate 75.33 and exchange rate charged 75.27
0.08
4.184.18
20.9020.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
16.4816.48
1.01
Percentage difference between market reference rate 75.20 and exchange rate charged 74.44
1.01
4.304.30
21.5021.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
16.9916.99
0.92
Percentage difference between market reference rate 75.64 and exchange rate charged 74.94
0.92
4.324.32
21.6021.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.007.00
2.95
Percentage difference between market reference rate 75.20 and exchange rate charged 72.98
2.95
4.354.35
21.7521.75
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
15.4915.49
1.39
Percentage difference between market reference rate 75.16 and exchange rate charged 74.11
1.39
4.494.49
22.4522.45
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
18.0018.00
0.91
Percentage difference between market reference rate 75.27 and exchange rate charged 74.58
0.91
4.514.51
22.5522.55
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
22.6322.63
0.01
Percentage difference between market reference rate 75.17 and exchange rate charged 75.17
0.01
4.534.53
22.6522.65
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
18.9918.99
1.39
Percentage difference between market reference rate 75.16 and exchange rate charged 74.12
1.39
5.195.19
25.9525.95
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
22.5022.50
1.03
Percentage difference between market reference rate 75.37 and exchange rate charged 74.60
1.03
5.535.53
27.6527.65
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
22.5022.50
2.07
Percentage difference between market reference rate 75.33 and exchange rate charged 73.77
2.07
6.576.57
32.8532.85
Citibank
Firm type: Bank
Payment instrument
Access point
Internet
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
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
21.5121.51
2.95
Percentage difference between market reference rate 75.20 and exchange rate charged 72.98
2.95
7.257.25
36.2536.25
Total Average First Quarter
2.792.79
Total Average Fourth Quarter 2021
2.682.68
Total Average
Fee
8.858.85
Exchange Rate Margin (%)
1.021.02
Total Cost Percent (%)
2.792.79
Total Cost (USD) Total Cost (USD)
13.9613.96
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days 6 days or more
Bank account Cash Own/partner bank account