Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From USUnited States you can also send money to

Sending money from UNITED STATES to JAMAICA

Data collected on: Feb 21, 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.
CAM
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
7.007.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
3.503.50
7.007.00
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.004.00
1.56
Percentage difference between market reference rate 155.11 and exchange rate charged 152.69
1.56
3.563.56
7.127.12
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
1.56
Percentage difference between market reference rate 155.16 and exchange rate charged 152.69
1.56
4.064.06
8.128.12
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.992.99
2.85
Percentage difference between market reference rate 155.11 and exchange rate charged 150.68
2.85
4.354.35
8.708.70
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.992.99
2.85
Percentage difference between market reference rate 155.11 and exchange rate charged 150.68
2.85
4.354.35
8.708.70
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
2.20
Percentage difference between market reference rate 155.16 and exchange rate charged 151.74
2.20
4.704.70
9.409.40
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
2.54
Percentage difference between market reference rate 154.78 and exchange rate charged 150.85
2.54
5.035.03
10.0610.06
Jamaica National
Firm type: Money Transfer Operator / Building Society
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Bank branch
High
10.9910.99
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
5.505.50
11.0011.00
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.009.00
1.56
Percentage difference between market reference rate 155.11 and exchange rate charged 152.69
1.56
6.066.06
12.1212.12
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
4.24
Percentage difference between market reference rate 155.11 and exchange rate charged 148.53
4.24
6.746.74
13.4813.48
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
4.24
Percentage difference between market reference rate 155.11 and exchange rate charged 148.53
4.24
6.746.74
13.4813.48
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
2.85
Percentage difference between market reference rate 153.98 and exchange rate charged 149.58
2.85
6.856.85
13.7013.70
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
11.0011.00
1.56
Percentage difference between market reference rate 155.11 and exchange rate charged 152.69
1.56
7.067.06
14.1214.12
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
3.18
Percentage difference between market reference rate 155.11 and exchange rate charged 150.18
3.18
7.187.18
14.3614.36
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
9.999.99
2.49
Percentage difference between market reference rate 155.16 and exchange rate charged 151.30
2.49
7.487.48
14.9614.96
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
2.52
Percentage difference between market reference rate 154.92 and exchange rate charged 151.01
2.52
7.527.52
15.0415.04
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
12.0012.00
2.20
Percentage difference between market reference rate 155.16 and exchange rate charged 151.74
2.20
8.208.20
16.4016.40
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
3.30
Percentage difference between market reference rate 155.16 and exchange rate charged 150.04
3.30
8.298.29
16.5816.58
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
12.0012.00
2.49
Percentage difference between market reference rate 155.16 and exchange rate charged 151.30
2.49
8.488.48
16.9616.96
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
12.54
Percentage difference between market reference rate 154.74 and exchange rate charged 135.33
12.54
15.0415.04
30.0830.08
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.004.00
13.75
Percentage difference between market reference rate 155.11 and exchange rate charged 133.78
13.75
15.7515.75
31.5031.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
12.0012.00
12.41
Percentage difference between market reference rate 154.74 and exchange rate charged 135.53
12.41
18.4118.41
36.8236.82
Total Average First Quarter
7.497.49
Total Average Fourth Quarter 2021
7.617.61
Total Average
Fee
7.457.45
Exchange Rate Margin (%)
3.773.77
Total Cost Percent (%)
7.497.49
Total Cost (USD) Total Cost (USD)
14.9914.99
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
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
Jamaica National
Firm type: Money Transfer Operator / Building Society
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Bank branch
High
10.9910.99
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.202.20
11.0011.00
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.004.00
1.56
Percentage difference between market reference rate 155.11 and exchange rate charged 152.69
1.56
2.362.36
11.8011.80
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.007.00
1.59
Percentage difference between market reference rate 155.16 and exchange rate charged 152.69
1.59
2.992.99
14.9514.95
CAM
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
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
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
2.20
Percentage difference between market reference rate 155.16 and exchange rate charged 151.74
2.20
3.203.20
16.0016.00
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.954.95
2.85
Percentage difference between market reference rate 155.11 and exchange rate charged 150.68
2.85
3.843.84
19.2019.20
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.954.95
2.85
Percentage difference between market reference rate 155.11 and exchange rate charged 150.68
2.85
3.843.84
19.2019.20
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
2.85
Percentage difference between market reference rate 153.98 and exchange rate charged 149.58
2.85
4.454.45
22.2522.25
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
9.999.99
2.49
Percentage difference between market reference rate 155.16 and exchange rate charged 151.30
2.49
4.484.48
22.4022.40
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
2.52
Percentage difference between market reference rate 154.92 and exchange rate charged 151.01
2.52
4.524.52
22.6022.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
9.999.99
2.54
Percentage difference between market reference rate 154.78 and exchange rate charged 150.85
2.54
4.544.54
22.7022.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
3.18
Percentage difference between market reference rate 155.11 and exchange rate charged 150.18
3.18
4.784.78
23.9023.90
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
4.24
Percentage difference between market reference rate 155.11 and exchange rate charged 148.53
4.24
5.245.24
26.2026.20
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
3.30
Percentage difference between market reference rate 155.16 and exchange rate charged 150.04
3.30
5.305.30
26.5026.50
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
21.0021.00
1.56
Percentage difference between market reference rate 155.11 and exchange rate charged 152.69
1.56
5.765.76
28.8028.80
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
22.5022.50
2.20
Percentage difference between market reference rate 155.16 and exchange rate charged 151.74
2.20
6.706.70
33.5033.50
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
22.5022.50
2.49
Percentage difference between market reference rate 155.16 and exchange rate charged 151.30
2.49
6.996.99
34.9534.95
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
21.9921.99
4.24
Percentage difference between market reference rate 155.11 and exchange rate charged 148.53
4.24
8.648.64
43.2043.20
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.007.00
12.54
Percentage difference between market reference rate 154.74 and exchange rate charged 135.33
12.54
13.9413.94
69.7069.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.004.00
13.75
Percentage difference between market reference rate 155.11 and exchange rate charged 133.78
13.75
14.5514.55
72.7572.75
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
21.5021.50
12.41
Percentage difference between market reference rate 154.74 and exchange rate charged 135.53
12.41
16.7116.71
83.5583.55
Total Average First Quarter
6.106.10
Total Average Fourth Quarter 2021
6.156.15
Total Average
Fee
11.1111.11
Exchange Rate Margin (%)
3.873.87
Total Cost Percent (%)
6.106.10
Total Cost (USD) Total Cost (USD)
30.4830.48
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