Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from CANADA to NIGERIA

Data collected on: Apr 27, 2017
CAD | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Small World
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
8.008.00
1.70
1.70
5.705.70
11.4011.40
Trans-Fast
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.994.99
3.60
3.60
6.096.09
12.1812.18
Trans-Fast
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.994.99
3.60
3.60
6.096.09
12.1812.18
Trans-Fast
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.994.99
3.60
3.60
6.096.09
12.1812.18
WorldRemit
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
9.999.99
2.17
2.17
7.177.17
14.3414.34
Sigue Money Transfers
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
12.0012.00
2.70
2.70
8.708.70
17.4017.40
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.0015.00
1.44
1.44
8.948.94
17.8817.88
Xpress Money
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
9.009.00
13.13
13.13
17.6317.63
35.2635.26
Total Average Second Quarter
8.308.30
Total Average First Quarter
6.996.99
Total Average
Fee
8.628.62
Exchange Rate Margin (%)
3.993.99
Total Cost Percent (%)
8.308.30
Total Cost (CAD) Total Cost (USD)
16.6016.60
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 2 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Small World
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
11.0011.00
1.70
1.70
3.903.90
19.5019.50
Trans-Fast
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.994.99
3.60
3.60
4.594.59
22.9522.95
Trans-Fast
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.994.99
3.60
3.60
4.594.59
22.9522.95
Trans-Fast
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.994.99
3.60
3.60
4.594.59
22.9522.95
WorldRemit
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
15.9915.99
2.17
2.17
5.375.37
26.8526.85
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
20.0020.00
1.44
1.44
5.445.44
27.2027.20
Sigue Money Transfers
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
18.0018.00
2.70
2.70
6.306.30
31.5031.50
Xpress Money
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
12.0012.00
13.13
13.13
15.5315.53
77.6577.65
Total Average Second Quarter
6.296.29
Total Average First Quarter
5.065.06
Total Average
Fee
11.5011.50
Exchange Rate Margin (%)
3.993.99
Total Cost Percent (%)
6.296.29
Total Cost (CAD) Total Cost (USD)
31.4431.44
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 2 days
Bank account Cash