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Transfer money

Sending money from CANADA to RWANDA

Data collected on: Feb 05, 2019
CAD | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (CAD)Total cost (USD)
Firm
MoneyGram
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.0015.00
Exchange rate margin (%)
5.04
5.04
Total cost (%)
12.5412.54
Total cost (CAD)Total cost (USD)
25.0825.08
Firm
MoneyGram
 
Payment instrument
Access point
Internet
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
5.005.00
Exchange rate margin (%)
1.60
1.60
Total cost (%)
4.104.10
Total cost (CAD)Total cost (USD)
8.208.20
Firm
ScotiaBank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
11.0011.00
Exchange rate margin (%)
5.85
5.85
Total cost (%)
11.3511.35
Total cost (CAD)Total cost (USD)
22.7022.70
Firm
Western Union
 
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
16.0016.00
Exchange rate margin (%)
5.85
5.85
Total cost (%)
13.8513.85
Total cost (CAD)Total cost (USD)
27.7027.70
Firm
Western Union
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
20.0020.00
Exchange rate margin (%)
5.79
5.79
Total cost (%)
15.7915.79
Total cost (CAD)Total cost (USD)
31.5831.58
Firm
Western Union
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
5.005.00
Exchange rate margin (%)
5.79
5.79
Total cost (%)
8.298.29
Total cost (CAD)Total cost (USD)
16.5816.58
Firm
WorldRemit
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
9.999.99
Exchange rate margin (%)
4.90
4.90
Total cost (%)
9.909.90
Total cost (CAD)Total cost (USD)
19.8019.80
Total Average First Quarter
10.8310.83
Total Average Fourth Quarter 2018
10.6510.65
Total Average
Fee
11.7111.71
Exchange Rate Margin (%)
4.974.97
Total Cost Percent (%)
10.8310.83
Total Cost (CAD) Total Cost (USD)
21.6621.66
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour
Cash Mobile wallet
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Feesort descending
Exchange rate margin (%)
Total cost (%)
Total cost (CAD)Total cost (USD)
Firm
MoneyGram
 
Payment instrument
Access point
Internet
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
High
Feesort descending
5.005.00
Exchange rate margin (%)
1.60
1.60
Total cost (%)
2.602.60
Total cost (CAD)Total cost (USD)
13.0013.00
Firm
Western Union
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Feesort descending
5.005.00
Exchange rate margin (%)
5.79
5.79
Total cost (%)
6.796.79
Total cost (CAD)Total cost (USD)
33.9533.95
Firm
WorldRemit
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Feesort descending
11.9911.99
Exchange rate margin (%)
4.90
4.90
Total cost (%)
7.307.30
Total cost (CAD)Total cost (USD)
36.5036.50
Firm
ScotiaBank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Feesort descending
14.0014.00
Exchange rate margin (%)
5.85
5.85
Total cost (%)
8.658.65
Total cost (CAD)Total cost (USD)
43.2543.25
Firm
MoneyGram
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Feesort descending
20.0020.00
Exchange rate margin (%)
5.04
5.04
Total cost (%)
9.049.04
Total cost (CAD)Total cost (USD)
45.2045.20
Firm
Western Union
 
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Feesort descending
21.0021.00
Exchange rate margin (%)
5.85
5.85
Total cost (%)
10.0510.05
Total cost (CAD)Total cost (USD)
50.2550.25
Firm
Western Union
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Feesort descending
30.0030.00
Exchange rate margin (%)
5.79
5.79
Total cost (%)
11.7911.79
Total cost (CAD)Total cost (USD)
58.9558.95
Total Average First Quarter
8.038.03
Total Average Fourth Quarter 2018
7.337.33
Total Average
Fee
15.2815.28
Exchange Rate Margin (%)
4.974.97
Total Cost Percent (%)
8.038.03
Total Cost (CAD) Total Cost (USD)
40.1640.16
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour
Cash Mobile wallet
Least Costly Corridors To Rwanda
Least Costly Corridors From Canada
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