Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From ILIsrael you can also send money to

Sending money from ISRAEL to MOROCCO

Data collected on: Jun 27, 2021-Jun 29, 2021
ILS | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (ILS)sort descendingTotal cost (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
67.5018.00
3.02
Percentage difference between market reference rate 8.96 and exchange rate charged 8.69
3.02
12.0212.02
90.1524.04
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
70.0018.67
7.13
Percentage difference between market reference rate 2.73 and exchange rate charged 2.53
7.13
16.4716.47
123.5332.94
Total Average Second Quarter
14.2514.25
Total Average First Quarter
11.7011.70
Total Average
Fee
68.7518.33
Exchange Rate Margin (%)
5.085.08
Total Cost Percent (%)
14.2514.25
Total Cost (ILS) Total Cost (USD)
106.8428.49
Non-Transparent records
Cash
Less than one hour
Cash
Payment instrument
Access point
Sending network coverage
Receiving method
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
129.2034.00
3.02
Percentage difference between market reference rate 8.96 and exchange rate charged 8.69
3.02
9.829.82
186.5849.10
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
140.0036.84
7.13
Percentage difference between market reference rate 2.73 and exchange rate charged 2.53
7.13
14.5014.50
275.5072.50
Total Average Second Quarter
12.1612.16
Total Average First Quarter
7.847.84
Total Average
Fee
134.6035.42
Exchange Rate Margin (%)
5.085.08
Total Cost Percent (%)
12.1612.16
Total Cost (ILS) Total Cost (USD)
231.0460.80
Non-Transparent records
Cash
Less than one hour
Cash
Least Costly Corridors From Israel