Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From AUAustralia you can also send money to

Sending money from AUSTRALIA to ZIMBABWE

Data collected on: Mar 24, 2021
AUD | USD
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 (AUD)sort descendingTotal cost (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
0.000.00
1.97
Percentage difference between market reference rate 0.76 and exchange rate charged 0.75
1.97
1.971.97
3.943.94
Citibank
Firm type: Bank
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.14
Percentage difference between market reference rate 0.76 and exchange rate charged 0.75
2.14
2.142.14
4.284.28
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.992.99
2.50
Percentage difference between market reference rate 0.76 and exchange rate charged 0.74
2.50
4.004.00
8.008.00
Rocket Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
High
5.005.00
2.26
Percentage difference between market reference rate 0.76 and exchange rate charged 0.75
2.26
4.764.76
9.529.52
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
7.007.00
1.38
Percentage difference between market reference rate 0.76 and exchange rate charged 0.75
1.38
4.884.88
9.769.76
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
5.005.00
5.78
Percentage difference between market reference rate 0.76 and exchange rate charged 0.72
5.78
8.288.28
16.5616.56
Commonwealth Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.006.00
5.28
Percentage difference between market reference rate 0.76 and exchange rate charged 0.72
5.28
8.288.28
16.5616.56
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.9910.99
4.34
Percentage difference between market reference rate 0.76 and exchange rate charged 0.73
4.34
9.849.84
19.6819.68
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
16.0016.00
2.50
Percentage difference between market reference rate 0.76 and exchange rate charged 0.74
2.50
10.5010.50
21.0021.00
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
12.9912.99
4.34
Percentage difference between market reference rate 0.76 and exchange rate charged 0.73
4.34
10.8410.84
21.6821.68
Commonwealth Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
30.0030.00
5.28
Percentage difference between market reference rate 0.76 and exchange rate charged 0.72
5.28
20.2820.28
40.5640.56
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
35.0035.00
5.78
Percentage difference between market reference rate 0.76 and exchange rate charged 0.72
5.78
23.2823.28
46.5646.56
Total Average First Quarter
9.099.09
Total Average Fourth Quarter 2020
9.779.77
Total Average
Fee
10.9110.91
Exchange Rate Margin (%)
3.633.63
Total Cost Percent (%)
9.099.09
Total Cost (AUD) Total Cost (USD)
18.1818.18
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Next day 3-5 days
Bank account Cash Mobile wallet 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
Low
0.000.00
1.97
Percentage difference between market reference rate 0.76 and exchange rate charged 0.75
1.97
1.971.97
9.859.85
Citibank
Firm type: Bank
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.14
Percentage difference between market reference rate 0.76 and exchange rate charged 0.75
2.14
2.142.14
10.7010.70
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.992.99
2.50
Percentage difference between market reference rate 0.76 and exchange rate charged 0.74
2.50
3.103.10
15.5015.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
9.009.00
1.38
Percentage difference between market reference rate 0.76 and exchange rate charged 0.75
1.38
3.183.18
15.9015.90
Rocket Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
High
5.005.00
2.26
Percentage difference between market reference rate 0.76 and exchange rate charged 0.75
2.26
3.263.26
16.3016.30
Commonwealth Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.006.00
5.28
Percentage difference between market reference rate 0.76 and exchange rate charged 0.72
5.28
6.486.48
32.4032.40
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
20.0020.00
2.50
Percentage difference between market reference rate 0.76 and exchange rate charged 0.74
2.50
6.506.50
32.5032.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
5.005.00
5.78
Percentage difference between market reference rate 0.76 and exchange rate charged 0.72
5.78
6.786.78
33.9033.90
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
12.9912.99
4.34
Percentage difference between market reference rate 0.76 and exchange rate charged 0.73
4.34
6.946.94
34.7034.70
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
15.9915.99
4.34
Percentage difference between market reference rate 0.76 and exchange rate charged 0.73
4.34
7.547.54
37.7037.70
Commonwealth Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
30.0030.00
5.28
Percentage difference between market reference rate 0.76 and exchange rate charged 0.72
5.28
11.2811.28
56.4056.40
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
50.0050.00
5.78
Percentage difference between market reference rate 0.76 and exchange rate charged 0.72
5.78
15.7815.78
78.9078.90
Total Average First Quarter
6.256.25
Total Average Fourth Quarter 2020
6.926.92
Total Average
Fee
13.0813.08
Exchange Rate Margin (%)
3.633.63
Total Cost Percent (%)
6.256.25
Total Cost (AUD) Total Cost (USD)
31.2331.23
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Next day 3-5 days
Bank account Cash Mobile wallet Own/partner bank account