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Transfer money

Sending money from CANADA to RWANDA

Data collected on: Feb 08, 2020
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
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
9.999.99
Exchange rate margin (%)
3.22
Percentage difference between market reference rate 696.09 and exchange rate charged 673.703.22
Total cost (%)
8.218.21
Total cost (CAD)Total cost (USD)
16.4216.42
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
8.008.00
Exchange rate margin (%)
2.72
Percentage difference between market reference rate 696.09 and exchange rate charged 677.192.72
Total cost (%)
6.726.72
Total cost (CAD)Total cost (USD)
13.4413.44
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
16.0016.00
Exchange rate margin (%)
2.96
Percentage difference between market reference rate 696.09 and exchange rate charged 675.522.96
Total cost (%)
10.9610.96
Total cost (CAD)Total cost (USD)
21.9221.92
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Low
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
10.0010.00
Exchange rate margin (%)
2.96
Percentage difference between market reference rate 696.09 and exchange rate charged 675.522.96
Total cost (%)
7.967.96
Total cost (CAD)Total cost (USD)
15.9215.92
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
10.0010.00
Exchange rate margin (%)
0.92
Percentage difference between market reference rate 696.09 and exchange rate charged 689.700.92
Total cost (%)
5.925.92
Total cost (CAD)Total cost (USD)
11.8411.84
Firm
ScotiaBank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
11.0011.00
Exchange rate margin (%)
0.18
Percentage difference between market reference rate 0.75 and exchange rate charged 0.750.18
Total cost (%)
5.685.68
Total cost (CAD)Total cost (USD)
11.3611.36
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
9.009.00
Exchange rate margin (%)
4.80
Percentage difference between market reference rate 696.09 and exchange rate charged 662.684.80
Total cost (%)
9.309.30
Total cost (CAD)Total cost (USD)
18.6018.60
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
24.0024.00
Exchange rate margin (%)
4.80
Percentage difference between market reference rate 696.09 and exchange rate charged 662.684.80
Total cost (%)
16.8016.80
Total cost (CAD)Total cost (USD)
33.6033.60
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
7.007.00
Exchange rate margin (%)
4.80
Percentage difference between market reference rate 696.09 and exchange rate charged 662.684.80
Total cost (%)
8.308.30
Total cost (CAD)Total cost (USD)
16.6016.60
Total Average First Quarter
8.878.87
Total Average Fourth Quarter 2019
9.669.66
Total Average
Fee
11.6711.67
Exchange Rate Margin (%)
3.043.04
Total Cost Percent (%)
8.878.87
Total Cost (CAD) Total Cost (USD)
17.7417.74
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
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Feesort descending
7.007.00
Exchange rate margin (%)
4.80
Percentage difference between market reference rate 696.09 and exchange rate charged 662.684.80
Total cost (%)
6.206.20
Total cost (CAD)Total cost (USD)
31.0031.00
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Feesort descending
9.009.00
Exchange rate margin (%)
4.80
Percentage difference between market reference rate 696.09 and exchange rate charged 662.684.80
Total cost (%)
6.606.60
Total cost (CAD)Total cost (USD)
33.0033.00
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Feesort descending
10.0010.00
Exchange rate margin (%)
2.72
Percentage difference between market reference rate 696.09 and exchange rate charged 677.192.72
Total cost (%)
4.724.72
Total cost (CAD)Total cost (USD)
23.6023.60
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Low
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Feesort descending
10.0010.00
Exchange rate margin (%)
2.96
Percentage difference between market reference rate 696.09 and exchange rate charged 675.522.96
Total cost (%)
4.964.96
Total cost (CAD)Total cost (USD)
24.8024.80
Firm
WorldRemit
Firm type: Money Transfer Operator
 
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 (%)
3.22
Percentage difference between market reference rate 696.09 and exchange rate charged 673.703.22
Total cost (%)
5.615.61
Total cost (CAD)Total cost (USD)
28.0528.05
Firm
ScotiaBank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Feesort descending
14.0014.00
Exchange rate margin (%)
0.18
Percentage difference between market reference rate 0.75 and exchange rate charged 0.750.18
Total cost (%)
2.982.98
Total cost (CAD)Total cost (USD)
14.9014.90
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Feesort descending
15.0015.00
Exchange rate margin (%)
0.92
Percentage difference between market reference rate 696.09 and exchange rate charged 689.700.92
Total cost (%)
3.923.92
Total cost (CAD)Total cost (USD)
19.6019.60
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Feesort descending
21.0021.00
Exchange rate margin (%)
2.96
Percentage difference between market reference rate 696.09 and exchange rate charged 675.522.96
Total cost (%)
7.167.16
Total cost (CAD)Total cost (USD)
35.8035.80
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Feesort descending
34.0034.00
Exchange rate margin (%)
4.80
Percentage difference between market reference rate 696.09 and exchange rate charged 662.684.80
Total cost (%)
11.6011.60
Total cost (CAD)Total cost (USD)
58.0058.00
Total Average First Quarter
5.975.97
Total Average Fourth Quarter 2019
6.766.76
Total Average
Fee
14.6714.67
Exchange Rate Margin (%)
3.043.04
Total Cost Percent (%)
5.975.97
Total Cost (CAD) Total Cost (USD)
29.8629.86
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour
Cash Mobile wallet
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