Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from ISRAEL to MOROCCO

Data collected on: May 10, 2019
ILS | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Bank Hapoalim
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
67.5018.00
-0.48
Percentage difference between market reference rate 3.57 and exchange rate charged 3.58
-0.48
8.528.52
63.9017.04
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
67.5018.00
2.01
Percentage difference between market reference rate 9.64 and exchange rate charged 9.44
2.01
11.0111.01
82.5822.02
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
67.5018.00
3.01
Percentage difference between market reference rate 9.64 and exchange rate charged 9.35
3.01
12.0112.01
90.0824.02
GMT Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
67.5018.00
3.49
Percentage difference between market reference rate 9.64 and exchange rate charged 9.30
3.49
12.4912.49
93.6824.98
Israel Discount Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
100.0026.67
-0.48
Percentage difference between market reference rate 3.57 and exchange rate charged 3.58
-0.48
12.8612.86
96.4525.72
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
116.0030.93
1.31
Percentage difference between market reference rate 9.64 and exchange rate charged 9.51
1.31
16.7816.78
125.8533.56
Total Average Second Quarter
12.2812.28
Total Average First Quarter
13.3013.30
Total Average
Fee
81.0021.60
Exchange Rate Margin (%)
1.481.48
Total Cost Percent (%)
12.2812.28
Total Cost (ILS) Total Cost (USD)
92.0924.56
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day 2 days 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Israel Discount Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
100.0026.32
-0.48
Percentage difference between market reference rate 3.57 and exchange rate charged 3.58
-0.48
4.784.78
90.8223.90
Bank Hapoalim
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
129.0033.95
-0.48
Percentage difference between market reference rate 3.57 and exchange rate charged 3.58
-0.48
6.316.31
119.8931.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
140.6037.00
1.31
Percentage difference between market reference rate 9.64 and exchange rate charged 9.51
1.31
8.718.71
165.4943.55
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
129.2034.00
2.01
Percentage difference between market reference rate 9.64 and exchange rate charged 9.44
2.01
8.818.81
167.3944.05
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
129.2034.00
3.01
Percentage difference between market reference rate 9.64 and exchange rate charged 9.35
3.01
9.819.81
186.3949.05
GMT Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
129.2034.00
3.49
Percentage difference between market reference rate 9.64 and exchange rate charged 9.30
3.49
10.2910.29
195.5151.45
Total Average Second Quarter
8.128.12
Total Average First Quarter
5.905.90
Total Average
Fee
126.2033.21
Exchange Rate Margin (%)
1.481.48
Total Cost Percent (%)
8.128.12
Total Cost (ILS) Total Cost (USD)
154.2540.59
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day 2 days 3-5 days
Bank account Cash
Least Costly Corridors From Israel