Cutting prices by at least 5 percentage points can save up to $16 billion a year.
FIND AND COMPARE PRICES
This website provides data on the cost of sending and receiving relatively small amounts of money from one country to another. The site covers 367 "country corridors" worldwide, from 48 remittance sending countries to 105 receiving countries. Read more...
Last update: April 6, 2020
Globally, sending remittances costs an average of 6.79 percent of the amount sent. This figure is used to monitor the progress of the global effort for reduction of remittance prices. The March 2020 report will be out soon.