Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From CACanada you can also send money to

Sending money from CANADA to RWANDA

Data collected on: Nov 01, 2020
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)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.
ScotiaBank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.991.99
1.40
Percentage difference between market reference rate 0.75 and exchange rate charged 0.74
1.40
2.402.40
4.804.80
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.993.99
1.26
Percentage difference between market reference rate 722.27 and exchange rate charged 713.15
1.26
3.263.26
6.526.52
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
0.83
Percentage difference between market reference rate 722.27 and exchange rate charged 716.30
0.83
3.323.32
6.646.64
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Receiving method
Agent
High
7.007.00
0.20
Percentage difference between market reference rate 722.27 and exchange rate charged 720.84
0.20
3.703.70
7.407.40
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.007.00
0.90
Percentage difference between market reference rate 722.27 and exchange rate charged 715.75
0.90
4.404.40
8.808.80
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
7.007.00
1.91
Percentage difference between market reference rate 722.27 and exchange rate charged 708.45
1.91
5.415.41
10.8210.82
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.007.00
3.94
Percentage difference between market reference rate 722.27 and exchange rate charged 693.84
3.94
7.447.44
14.8814.88
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
16.0016.00
0.83
Percentage difference between market reference rate 722.27 and exchange rate charged 716.30
0.83
8.838.83
17.6617.66
Total Average Fourth Quarter 2020
4.854.85
Total Average Third Quarter 2020
7.477.47
Total Average
Fee
6.876.87
Exchange Rate Margin (%)
1.411.41
Total Cost Percent (%)
4.854.85
Total Cost (CAD) Total Cost (USD)
9.699.69
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour
Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
ScotiaBank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.991.99
1.40
Percentage difference between market reference rate 0.75 and exchange rate charged 0.74
1.40
1.801.80
9.009.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
0.83
Percentage difference between market reference rate 722.27 and exchange rate charged 716.30
0.83
1.821.82
9.109.10
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.993.99
1.26
Percentage difference between market reference rate 722.27 and exchange rate charged 713.15
1.26
2.062.06
10.3010.30
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Receiving method
Agent
High
10.0010.00
0.20
Percentage difference between market reference rate 722.27 and exchange rate charged 720.84
0.20
2.202.20
11.0011.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
15.0015.00
0.90
Percentage difference between market reference rate 722.27 and exchange rate charged 715.75
0.90
3.903.90
19.5019.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
15.0015.00
1.91
Percentage difference between market reference rate 722.27 and exchange rate charged 708.45
1.91
4.914.91
24.5524.55
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
21.0021.00
0.83
Percentage difference between market reference rate 722.27 and exchange rate charged 716.30
0.83
5.035.03
25.1525.15
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.007.00
3.94
Percentage difference between market reference rate 722.27 and exchange rate charged 693.84
3.94
5.345.34
26.7026.70
Total Average Fourth Quarter 2020
3.383.38
Total Average Third Quarter 2020
5.655.65
Total Average
Fee
9.879.87
Exchange Rate Margin (%)
1.411.41
Total Cost Percent (%)
3.383.38
Total Cost (CAD) Total Cost (USD)
16.9116.91
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour
Cash Mobile wallet