Remittance Prices Worldwide

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Sending money from GERMANY to NIGERIA

Data collected on: Apr 27, 2017
EUR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Azimo
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.994.27
-0.14
-0.14
2.002.00
2.804.00
Western Union
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.904.14
1.59
1.59
3.663.66
5.127.31
WorldRemit
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.998.56
1.63
1.63
5.915.91
8.2711.81
Small World
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
8.0011.43
0.59
0.59
6.306.30
8.8212.60
Western Union
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.909.86
1.59
1.59
6.526.52
9.1313.04
Ria
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
10.0014.29
1.48
1.48
8.628.62
12.0717.24
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
12.5017.86
0.49
0.49
9.429.42
13.1918.84
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
14.9021.29
2.80
2.80
13.4513.45
18.8326.90
Postbank via Western Union
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
19.9028.43
1.59
1.59
15.8115.81
22.1331.61
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending. ·
Postbank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.502.14
0.00
0.00
1.071.07
1.502.14
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending. ·
Postbank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
8.5012.14
0.00
0.00
6.076.07
8.5012.14
Total Average Second Quarter
7.177.17
Total Average First Quarter
8.058.05
Total Average
Fee
8.5512.22
Exchange Rate Margin (%)
1.061.06
Total Cost Percent (%)
7.177.17
Total Cost (EUR) Total Cost (USD)
10.0314.33
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Azimo
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.994.33
-0.14
-0.14
0.730.73
2.523.65
Western Union
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.904.20
1.59
1.59
2.432.43
8.3812.14
Small World
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
11.0015.94
0.59
0.59
3.783.78
13.0418.90
WorldRemit
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
12.9918.83
1.63
1.63
5.395.39
18.6026.96
Western Union
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
14.9021.59
1.59
1.59
5.915.91
20.3929.55
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
21.0030.43
0.49
0.49
6.586.58
22.7032.90
Ria
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
18.0026.09
1.48
1.48
6.706.70
23.1233.51
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
22.9033.19
2.80
2.80
9.449.44
32.5747.20
Postbank via Western Union
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
29.9043.33
1.59
1.59
10.2610.26
35.4051.30
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending. ·
Postbank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.502.17
0.00
0.00
0.430.43
1.482.14
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending. ·
Postbank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
8.5012.32
0.00
0.00
2.462.46
8.4912.30
Total Average Second Quarter
4.924.92
Total Average First Quarter
5.925.92
Total Average
Fee
13.3319.31
Exchange Rate Margin (%)
1.061.06
Total Cost Percent (%)
4.924.92
Total Cost (EUR) Total Cost (USD)
16.9724.60
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 3-5 days
Bank account Cash