Remittance Prices Worldwide

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Sending money from GERMANY to TURKEY

Data collected on: May 10, 2019
EUR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.27
1.02
Percentage difference between market reference rate 6.87 and exchange rate charged 6.80
1.02
3.153.15
4.416.30
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
0.87
Percentage difference between market reference rate 6.87 and exchange rate charged 6.81
0.87
3.013.01
4.216.01
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
4.005.71
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.862.86
4.005.71
Isbank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Bank branch
Medium
10.0014.29
7.13
Percentage difference between market reference rate 6.87 and exchange rate charged 6.38
7.13
14.2814.28
19.9928.56
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
4.005.71
10.92
Percentage difference between market reference rate 6.87 and exchange rate charged 6.12
10.92
13.7713.77
19.2827.54
Isbank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Bank branch
Medium
4.005.71
7.13
Percentage difference between market reference rate 6.87 and exchange rate charged 6.38
7.13
9.999.99
13.9919.99
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.905.57
4.80
Percentage difference between market reference rate 6.87 and exchange rate charged 6.54
4.80
7.597.59
10.6315.19
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.506.43
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
3.213.21
4.496.41
Transferwise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.353.36
1.60
Percentage difference between market reference rate 6.87 and exchange rate charged 6.76
1.60
3.283.28
4.596.56
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.506.43
2.68
Percentage difference between market reference rate 1.12 and exchange rate charged 1.09
2.68
5.895.89
8.2511.79
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.406.29
5.39
Percentage difference between market reference rate 6.87 and exchange rate charged 6.50
5.39
8.538.53
11.9417.06
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.506.43
9.02
Percentage difference between market reference rate 6.87 and exchange rate charged 6.25
9.02
12.2412.24
17.1424.49
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.907.00
5.39
Percentage difference between market reference rate 6.87 and exchange rate charged 6.50
5.39
8.898.89
12.4517.79
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.505.00
9.02
Percentage difference between market reference rate 6.87 and exchange rate charged 6.25
9.02
11.5211.52
16.1323.04
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.905.57
5.39
Percentage difference between market reference rate 6.87 and exchange rate charged 6.50
5.39
8.178.17
11.4416.34
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.998.56
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
4.284.28
5.998.56
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.008.57
2.33
Percentage difference between market reference rate 6.87 and exchange rate charged 6.71
2.33
6.616.61
9.2513.21
Postbank via Western Union
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
19.9028.43
5.39
Percentage difference between market reference rate 6.87 and exchange rate charged 6.50
5.39
19.6019.60
27.4439.20
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
Firm type: Post office
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
8.5012.14
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
6.076.07
8.5012.14
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
Firm type: Post office
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.502.14
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
1.071.07
1.502.14
Total Average Second Quarter
7.707.70
Total Average First Quarter
7.237.23
Total Average
Fee
5.327.59
Exchange Rate Margin (%)
3.903.90
Total Cost Percent (%)
7.707.70
Total Cost (EUR) Total Cost (USD)
10.7815.40
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
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.33
1.02
Percentage difference between market reference rate 6.87 and exchange rate charged 6.80
1.02
1.891.89
6.529.45
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
0.87
Percentage difference between market reference rate 6.87 and exchange rate charged 6.81
0.87
1.741.74
6.008.70
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
7.5010.87
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.172.17
7.4910.86
Isbank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Bank branch
Medium
10.0014.49
7.13
Percentage difference between market reference rate 6.87 and exchange rate charged 6.38
7.13
10.0310.03
34.6050.14
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
7.5010.87
10.92
Percentage difference between market reference rate 6.87 and exchange rate charged 6.12
10.92
13.0913.09
45.1665.45
Isbank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Bank branch
Medium
4.005.80
7.13
Percentage difference between market reference rate 6.87 and exchange rate charged 6.38
7.13
8.298.29
28.6041.45
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.9010.00
4.80
Percentage difference between market reference rate 6.87 and exchange rate charged 6.54
4.80
6.806.80
23.4634.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.5012.32
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.462.46
8.4912.30
Transferwise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.465.01
1.60
Percentage difference between market reference rate 6.87 and exchange rate charged 6.76
1.60
2.602.60
8.9713.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.5012.32
2.68
Percentage difference between market reference rate 1.12 and exchange rate charged 1.09
2.68
5.145.14
17.7325.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.9011.45
5.39
Percentage difference between market reference rate 6.87 and exchange rate charged 6.50
5.39
7.687.68
26.5038.41
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.5012.32
9.02
Percentage difference between market reference rate 6.87 and exchange rate charged 6.25
9.02
11.4911.49
39.6457.45
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.907.10
5.39
Percentage difference between market reference rate 6.87 and exchange rate charged 6.50
5.39
6.816.81
23.4934.04
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.506.52
9.02
Percentage difference between market reference rate 6.87 and exchange rate charged 6.25
9.02
10.3310.33
35.6451.65
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.9010.00
5.39
Percentage difference between market reference rate 6.87 and exchange rate charged 6.50
5.39
7.397.39
25.5036.96
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
10.9915.93
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
3.193.19
11.0115.96
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.0014.49
2.33
Percentage difference between market reference rate 6.87 and exchange rate charged 6.71
2.33
5.235.23
18.0426.14
Postbank via Western Union
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
29.9043.33
5.39
Percentage difference between market reference rate 6.87 and exchange rate charged 6.50
5.39
14.0514.05
48.4770.25
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
Firm type: Post office
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
8.5012.32
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.462.46
8.4912.30
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
Firm type: Post office
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.502.17
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
0.430.43
1.482.14
Total Average Second Quarter
6.166.16
Total Average First Quarter
5.595.59
Total Average
Fee
7.8011.30
Exchange Rate Margin (%)
3.903.90
Total Cost Percent (%)
6.166.16
Total Cost (EUR) Total Cost (USD)
21.2630.82
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 3-5 days
Bank account Cash