Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from CANADA to PHILIPPINES

Data collected on: Feb 16, 2018
CAD | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Remitly Money Transfer
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.992.99
-3.02
-3.02
-1.52-1.52
-3.04-3.04
Remitly Money Transfer
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.996.99
-3.02
-3.02
0.480.48
0.960.96
ZipZap
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.68
1.68
1.681.68
3.363.36
iRemit
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
6.006.00
1.30
1.30
4.304.30
8.608.60
iRemit
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
6.006.00
1.30
1.30
4.304.30
8.608.60
iRemit
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
6.006.00
1.30
1.30
4.304.30
8.608.60
Small World
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
8.008.00
0.74
0.74
4.744.74
9.489.48
PNB Global Remit
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
8.008.00
0.77
0.77
4.774.77
9.549.54
PNB Global Remit
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
8.008.00
0.77
0.77
4.774.77
9.549.54
PNB Global Remit
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
8.008.00
0.77
0.77
4.774.77
9.549.54
WorldRemit
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.996.99
1.70
1.70
5.205.20
10.4010.40
Metro Remittance
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
7.007.00
1.72
1.72
5.225.22
10.4410.44
Metro Remittance
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
7.007.00
1.72
1.72
5.225.22
10.4410.44
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
9.999.99
0.23
0.23
5.235.23
10.4610.46
Ria
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
7.007.00
1.78
1.78
5.285.28
10.5610.56
Reliable Peso Remit
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
8.008.00
1.30
1.30
5.305.30
10.6010.60
Reliable Peso Remit
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
8.008.00
1.30
1.30
5.305.30
10.6010.60
Western Union
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.0011.00
1.96
1.96
7.467.46
14.9214.92
Western Union
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
12.0012.00
1.96
1.96
7.967.96
15.9215.92
ScotiaBank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.0011.00
2.59
2.59
8.098.09
16.1816.18
Royal Bank of Canada
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
13.5013.50
3.05
3.05
9.809.80
19.6019.60
Total Average First Quarter
4.894.89
Total Average Fourth Quarter 2017
3.883.88
Total Average
Fee
7.697.69
Exchange Rate Margin (%)
1.041.04
Total Cost Percent (%)
4.894.89
Total Cost (CAD) Total Cost (USD)
9.789.78
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
Remitly Money Transfer
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.992.99
-3.02
-3.02
-2.42-2.42
-12.10-12.10
Remitly Money Transfer
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.996.99
-3.02
-3.02
-1.62-1.62
-8.10-8.10
ZipZap
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.68
1.68
1.681.68
8.408.40
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
9.999.99
0.23
0.23
2.232.23
11.1511.15
Small World
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
8.008.00
0.74
0.74
2.342.34
11.7011.70
PNB Global Remit
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
8.008.00
0.77
0.77
2.372.37
11.8511.85
PNB Global Remit
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
8.008.00
0.77
0.77
2.372.37
11.8511.85
PNB Global Remit
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
8.008.00
0.77
0.77
2.372.37
11.8511.85
iRemit
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
6.006.00
1.30
1.30
2.502.50
12.5012.50
iRemit
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
6.006.00
1.30
1.30
2.502.50
12.5012.50
iRemit
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
6.006.00
1.30
1.30
2.502.50
12.5012.50
Reliable Peso Remit
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
8.008.00
1.30
1.30
2.902.90
14.5014.50
Reliable Peso Remit
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
8.008.00
1.30
1.30
2.902.90
14.5014.50
Metro Remittance
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
7.007.00
1.72
1.72
3.123.12
15.6015.60
Metro Remittance
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
7.007.00
1.72
1.72
3.123.12
15.6015.60
Ria
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
7.007.00
1.78
1.78
3.183.18
15.9015.90
WorldRemit
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
9.999.99
1.70
1.70
3.703.70
18.5018.50
ScotiaBank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
14.0014.00
2.59
2.59
5.395.39
26.9526.95
Royal Bank of Canada
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
13.5013.50
3.05
3.05
5.755.75
28.7528.75
Western Union
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
19.0019.00
1.96
1.96
5.765.76
28.8028.80
Western Union
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
20.0020.00
1.96
1.96
5.965.96
29.8029.80
Total Average First Quarter
2.792.79
Total Average Fourth Quarter 2017
1.831.83
Total Average
Fee
8.748.74
Exchange Rate Margin (%)
1.041.04
Total Cost Percent (%)
2.792.79
Total Cost (CAD) Total Cost (USD)
13.9513.95
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash Mobile wallet