Remittance Prices Worldwide

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Transfer money

Sending money from GERMANY to UKRAINE

Data collected on: Nov 01, 2019
EUR | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (EUR)sort descendingTotal cost (USD)sort descending
Firm
Azimo
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.992.84
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.421.42
Total cost (EUR)sort descendingTotal cost (USD)sort descending
1.992.84
Firm
Transferwise
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
3.154.50
Exchange rate margin (%)
0.04
Percentage difference between market reference rate 27.63 and exchange rate charged 27.620.04
Total cost (%)
2.292.29
Total cost (EUR)sort descendingTotal cost (USD)sort descending
3.214.59
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
3.995.70
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.852.85
Total cost (EUR)sort descendingTotal cost (USD)sort descending
3.995.70
Firm
Azimo
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.994.27
Exchange rate margin (%)
1.46
Percentage difference between market reference rate 1.12 and exchange rate charged 1.101.46
Total cost (%)
3.603.60
Total cost (EUR)sort descendingTotal cost (USD)sort descending
5.047.20
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
10.0014.29
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
7.147.14
Total cost (EUR)sort descendingTotal cost (USD)sort descending
10.0014.29
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
12.0017.14
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
8.578.57
Total cost (EUR)sort descendingTotal cost (USD)sort descending
12.0017.14
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
5.908.43
Exchange rate margin (%)
6.84
Percentage difference between market reference rate 1.12 and exchange rate charged 1.046.84
Total cost (%)
11.0511.05
Total cost (EUR)sort descendingTotal cost (USD)sort descending
15.4722.10
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
6.909.86
Exchange rate margin (%)
6.84
Percentage difference between market reference rate 1.12 and exchange rate charged 1.046.84
Total cost (%)
11.7711.77
Total cost (EUR)sort descendingTotal cost (USD)sort descending
16.4823.54
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
9.9014.14
Exchange rate margin (%)
6.84
Percentage difference between market reference rate 1.12 and exchange rate charged 1.046.84
Total cost (%)
13.9113.91
Total cost (EUR)sort descendingTotal cost (USD)sort descending
19.4727.81
Firm
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
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
8.5012.14
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
6.076.07
Total cost (EUR)sort descendingTotal cost (USD)sort descending
8.5012.14
Total Average Fourth Quarter 2019
6.876.87
Total Average Third Quarter 2019
6.396.39
Total Average
Fee
6.539.33
Exchange Rate Margin (%)
2.202.20
Total Cost Percent (%)
6.876.87
Total Cost (EUR) Total Cost (USD)
9.6213.74
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 3-5 days
Bank account Cash
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (EUR)sort descendingTotal cost (USD)sort descending
Firm
Azimo
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.992.88
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
0.580.58
Total cost (EUR)sort descendingTotal cost (USD)sort descending
2.002.90
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
3.995.78
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.161.16
Total cost (EUR)sort descendingTotal cost (USD)sort descending
4.005.80
Firm
Transferwise
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
7.1110.30
Exchange rate margin (%)
0.04
Percentage difference between market reference rate 27.63 and exchange rate charged 27.620.04
Total cost (%)
2.102.10
Total cost (EUR)sort descendingTotal cost (USD)sort descending
7.2510.51
Firm
Azimo
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.994.33
Exchange rate margin (%)
1.46
Percentage difference between market reference rate 1.12 and exchange rate charged 1.101.46
Total cost (%)
2.332.33
Total cost (EUR)sort descendingTotal cost (USD)sort descending
8.0411.65
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
15.0021.74
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
4.354.35
Total cost (EUR)sort descendingTotal cost (USD)sort descending
15.0121.75
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
17.0024.64
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
4.934.93
Total cost (EUR)sort descendingTotal cost (USD)sort descending
17.0124.65
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
6.9010.00
Exchange rate margin (%)
6.84
Percentage difference between market reference rate 1.12 and exchange rate charged 1.046.84
Total cost (%)
8.848.84
Total cost (EUR)sort descendingTotal cost (USD)sort descending
30.5044.20
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
11.9017.25
Exchange rate margin (%)
6.84
Percentage difference between market reference rate 1.12 and exchange rate charged 1.046.84
Total cost (%)
10.2910.29
Total cost (EUR)sort descendingTotal cost (USD)sort descending
35.5051.45
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
14.9021.59
Exchange rate margin (%)
6.84
Percentage difference between market reference rate 1.12 and exchange rate charged 1.046.84
Total cost (%)
11.1611.16
Total cost (EUR)sort descendingTotal cost (USD)sort descending
38.5055.80
Firm
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
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
8.5012.32
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.462.46
Total cost (EUR)sort descendingTotal cost (USD)sort descending
8.4912.30
Total Average Fourth Quarter 2019
4.824.82
Total Average Third Quarter 2019
4.294.29
Total Average
Fee
9.0313.08
Exchange Rate Margin (%)
2.202.20
Total Cost Percent (%)
4.824.82
Total Cost (EUR) Total Cost (USD)
16.6324.10
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 3-5 days
Bank account Cash
Least Costly Corridors To Ukraine
Least Costly Corridors From Germany
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