Remittance Prices Worldwide

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Sending money from ITALY to ETHIOPIA

Data collected on: Feb 06, 2020
EUR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.0012.86
2.17
Percentage difference between market reference rate 1.10 and exchange rate charged 1.08
2.17
8.608.60
12.0417.20
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.4010.57
5.10
Percentage difference between market reference rate 34.84 and exchange rate charged 33.07
5.10
10.3910.39
14.5520.79
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.992.84
5.10
Percentage difference between market reference rate 34.84 and exchange rate charged 33.07
5.10
6.536.53
9.1413.06
Poste Italiane via MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Post Office branch
Sending network coverage
High
Receiving method
Agent
High
7.4010.57
5.10
Percentage difference between market reference rate 34.84 and exchange rate charged 33.07
5.10
10.3910.39
14.5520.79
Poste Italiane via Western Union
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.902.71
3.79
Percentage difference between market reference rate 1.10 and exchange rate charged 1.06
3.79
5.155.15
7.2110.30
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
0.13
Percentage difference between market reference rate 34.84 and exchange rate charged 34.80
0.13
0.130.13
0.180.26
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
4.206.00
0.73
Percentage difference between market reference rate 34.84 and exchange rate charged 34.59
0.73
3.733.73
5.227.46
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.994.27
1.75
Percentage difference between market reference rate 34.84 and exchange rate charged 34.23
1.75
3.893.89
5.457.79
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.5010.71
3.79
Percentage difference between market reference rate 1.10 and exchange rate charged 1.06
3.79
9.159.15
12.8118.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
19.0027.14
3.79
Percentage difference between market reference rate 1.10 and exchange rate charged 1.06
3.79
17.3717.37
24.3234.74
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
11.9917.13
0.80
Percentage difference between market reference rate 1.10 and exchange rate charged 1.09
0.80
9.369.36
13.1018.71
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.41
1.86
Percentage difference between market reference rate 1.10 and exchange rate charged 1.08
1.86
2.572.57
3.605.14
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
7.0010.00
0.70
Percentage difference between market reference rate 34.84 and exchange rate charged 34.60
0.70
5.705.70
7.9811.40
Total Average First Quarter
7.157.15
Total Average Fourth Quarter 2019
8.538.53
Total Average
Fee
6.268.94
Exchange Rate Margin (%)
2.682.68
Total Cost Percent (%)
7.157.15
Total Cost (EUR) Total Cost (USD)
10.0114.30
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 2 days
Bank account Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
Poste Italiane via MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Post Office branch
Sending network coverage
High
Receiving method
Agent
High
12.8018.55
5.10
Percentage difference between market reference rate 34.84 and exchange rate charged 33.07
5.10
8.818.81
30.3944.04
Poste Italiane via Western Union
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.904.20
3.79
Percentage difference between market reference rate 1.10 and exchange rate charged 1.06
3.79
4.634.63
15.9723.14
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
0.13
Percentage difference between market reference rate 34.84 and exchange rate charged 34.80
0.13
0.130.13
0.450.65
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
10.3515.00
0.73
Percentage difference between market reference rate 34.84 and exchange rate charged 34.59
0.73
3.733.73
12.8718.65
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.994.33
1.75
Percentage difference between market reference rate 34.84 and exchange rate charged 34.23
1.75
2.622.62
9.0413.10
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
13.0018.84
3.79
Percentage difference between market reference rate 1.10 and exchange rate charged 1.06
3.79
7.567.56
26.0837.80
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
24.5035.51
3.79
Percentage difference between market reference rate 1.10 and exchange rate charged 1.06
3.79
10.9010.90
37.6154.51
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
11.9917.38
0.75
Percentage difference between market reference rate 1.10 and exchange rate charged 1.09
0.75
4.224.22
14.5621.10
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.43
1.86
Percentage difference between market reference rate 1.10 and exchange rate charged 1.08
1.86
2.142.14
7.3810.70
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
7.0010.14
0.70
Percentage difference between market reference rate 34.84 and exchange rate charged 34.60
0.70
2.722.72
9.3813.59
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
13.0018.84
2.17
Percentage difference between market reference rate 1.10 and exchange rate charged 1.08
2.17
5.945.94
20.4929.70
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
12.8018.55
5.10
Percentage difference between market reference rate 34.84 and exchange rate charged 33.07
5.10
8.818.81
30.3944.04
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.992.88
5.10
Percentage difference between market reference rate 34.84 and exchange rate charged 33.07
5.10
5.685.68
19.6028.41
Total Average First Quarter
5.225.22
Total Average Fourth Quarter 2019
6.386.38
Total Average
Fee
8.7912.74
Exchange Rate Margin (%)
2.672.67
Total Cost Percent (%)
5.225.22
Total Cost (EUR) Total Cost (USD)
18.0226.11
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 2 days
Bank account Cash Mobile wallet