Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from CANADA to GUYANA

Data collected on: Nov 12, 2021-Nov 15, 2021
CAD | 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 (CAD)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.9911.99
1.07
Percentage difference between market reference rate 0.70 and exchange rate charged 0.69
1.07
7.077.07
14.1414.14
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
14.9914.99
5.65
Percentage difference between market reference rate 166.35 and exchange rate charged 156.95
5.65
13.1413.14
26.2826.28
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.9911.99
1.14
Percentage difference between market reference rate 0.70 and exchange rate charged 0.69
1.14
7.137.13
14.2614.26
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.0010.00
2.71
Percentage difference between market reference rate 167.00 and exchange rate charged 162.47
2.71
7.717.71
15.4215.42
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.9911.99
0.58
Percentage difference between market reference rate 0.80 and exchange rate charged 0.79
0.58
6.576.57
13.1413.14
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
7.007.00
5.43
Percentage difference between market reference rate 167.01 and exchange rate charged 157.94
5.43
8.938.93
17.8617.86
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.9911.99
0.61
Percentage difference between market reference rate 0.80 and exchange rate charged 0.79
0.61
6.606.60
13.2013.20
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
7.007.00
6.53
Percentage difference between market reference rate 166.99 and exchange rate charged 156.09
6.53
10.0310.03
20.0620.06
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
7.007.00
8.62
Percentage difference between market reference rate 166.99 and exchange rate charged 152.60
8.62
12.1212.12
24.2424.24
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
5.66
Percentage difference between market reference rate 167.06 and exchange rate charged 157.60
5.66
8.158.15
16.3016.30
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
5.66
Percentage difference between market reference rate 167.06 and exchange rate charged 157.60
5.66
8.158.15
16.3016.30
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
7.007.00
4.82
Percentage difference between market reference rate 167.03 and exchange rate charged 158.98
4.82
8.328.32
16.6416.64
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
10.0010.00
4.82
Percentage difference between market reference rate 167.03 and exchange rate charged 158.98
4.82
9.829.82
19.6419.64
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
5.17
Percentage difference between market reference rate 167.00 and exchange rate charged 158.37
5.17
7.667.66
15.3215.32
Total Average Fourth Quarter 2021
8.678.67
Total Average Third Quarter 2021
8.908.90
Total Average
Fee
8.998.99
Exchange Rate Margin (%)
4.184.18
Total Cost Percent (%)
8.678.67
Total Cost (CAD) Total Cost (USD)
17.3417.34
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.9911.99
0.58
Percentage difference between market reference rate 0.80 and exchange rate charged 0.79
0.58
2.972.97
14.8514.85
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.9911.99
0.61
Percentage difference between market reference rate 0.80 and exchange rate charged 0.79
0.61
3.013.01
15.0515.05
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.9911.99
1.07
Percentage difference between market reference rate 0.70 and exchange rate charged 0.69
1.07
3.473.47
17.3517.35
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.9911.99
1.14
Percentage difference between market reference rate 0.70 and exchange rate charged 0.69
1.14
3.543.54
17.7017.70
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.0010.00
2.71
Percentage difference between market reference rate 167.00 and exchange rate charged 162.47
2.71
4.714.71
23.5523.55
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
10.0010.00
4.82
Percentage difference between market reference rate 167.03 and exchange rate charged 158.98
4.82
6.826.82
34.1034.10
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
15.0015.00
4.82
Percentage difference between market reference rate 167.03 and exchange rate charged 158.98
4.82
7.827.82
39.1039.10
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
5.17
Percentage difference between market reference rate 167.00 and exchange rate charged 158.37
5.17
6.166.16
30.8030.80
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
14.0014.00
5.43
Percentage difference between market reference rate 167.01 and exchange rate charged 157.94
5.43
8.238.23
41.1541.15
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
26.9926.99
5.65
Percentage difference between market reference rate 166.35 and exchange rate charged 156.95
5.65
11.0511.05
55.2555.25
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
5.66
Percentage difference between market reference rate 167.06 and exchange rate charged 157.60
5.66
6.666.66
33.3033.30
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
10.9910.99
5.66
Percentage difference between market reference rate 167.06 and exchange rate charged 157.60
5.66
7.867.86
39.3039.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
15.0015.00
6.13
Percentage difference between market reference rate 166.99 and exchange rate charged 156.76
6.13
9.139.13
45.6545.65
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
7.007.00
8.62
Percentage difference between market reference rate 166.99 and exchange rate charged 152.60
8.62
10.0210.02
50.1050.10
Total Average Fourth Quarter 2021
6.536.53
Total Average Third Quarter 2021
7.467.46
Total Average
Fee
11.9211.92
Exchange Rate Margin (%)
4.154.15
Total Cost Percent (%)
6.536.53
Total Cost (CAD) Total Cost (USD)
32.6632.66
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days
Bank account Cash