Remittance Prices Worldwide

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Sending money from ITALY to NIGERIA

Data collected on: Oct 31, 2019
EUR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.492.13
1.42
Percentage difference between market reference rate 404.32 and exchange rate charged 398.57
1.42
2.492.49
3.494.99
Transferwise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.992.84
1.71
Percentage difference between market reference rate 403.37 and exchange rate charged 396.48
1.71
3.133.13
4.386.26
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.84
3.47
Percentage difference between market reference rate 403.37 and exchange rate charged 389.36
3.47
4.894.89
6.859.79
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
2.88
Percentage difference between market reference rate 403.37 and exchange rate charged 391.76
2.88
5.015.01
7.0110.01
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.84
3.86
Percentage difference between market reference rate 403.37 and exchange rate charged 387.80
3.86
5.285.28
7.3910.56
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
3.505.00
2.79
Percentage difference between market reference rate 403.37 and exchange rate charged 392.13
2.79
5.295.29
7.4110.59
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.994.27
3.47
Percentage difference between market reference rate 403.37 and exchange rate charged 389.36
3.47
5.615.61
7.8511.21
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
5.007.14
2.65
Percentage difference between market reference rate 403.37 and exchange rate charged 392.69
2.65
6.226.22
8.7112.44
Extrabanca
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Medium
4.005.71
4.31
Percentage difference between market reference rate 403.37 and exchange rate charged 386.00
4.31
7.167.16
10.0214.31
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
3.905.57
4.66
Percentage difference between market reference rate 403.37 and exchange rate charged 384.56
4.66
7.457.45
10.4314.90
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.998.56
3.18
Percentage difference between market reference rate 403.37 and exchange rate charged 390.55
3.18
7.467.46
10.4414.91
Extrabanca
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Medium
5.007.14
4.31
Percentage difference between market reference rate 403.37 and exchange rate charged 386.00
4.31
7.887.88
11.0315.76
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
6.909.86
4.66
Percentage difference between market reference rate 403.37 and exchange rate charged 384.56
4.66
9.599.59
13.4319.19
Banca Intesa SanPaolo via Western Union
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.5010.71
4.66
Percentage difference between market reference rate 403.37 and exchange rate charged 384.56
4.66
10.0210.02
14.0320.04
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.5010.71
4.66
Percentage difference between market reference rate 403.37 and exchange rate charged 384.56
4.66
10.0210.02
14.0320.04
Poste Italiane via MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Post Office branch
Sending network coverage
High
Receiving method
Agent
High
10.0014.29
3.86
Percentage difference between market reference rate 403.37 and exchange rate charged 387.80
3.86
11.0011.00
15.4022.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.0014.29
3.86
Percentage difference between market reference rate 403.37 and exchange rate charged 387.80
3.86
11.0011.00
15.4022.00
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.
Unicredit Banca
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
20.5029.29
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
14.6414.64
20.5029.29
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.
Banca Monte dei Paschi di Siena
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
21.0030.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
15.0015.00
21.0030.00
Total Average Fourth Quarter 2019
7.857.85
Total Average Third Quarter 2019
8.818.81
Total Average
Fee
6.549.34
Exchange Rate Margin (%)
3.183.18
Total Cost Percent (%)
7.857.85
Total Cost (EUR) Total Cost (USD)
10.9915.70
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.492.16
1.39
Percentage difference between market reference rate 404.32 and exchange rate charged 398.70
1.39
1.821.82
6.289.10
Transferwise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
3.855.58
1.71
Percentage difference between market reference rate 403.37 and exchange rate charged 396.48
1.71
2.822.82
9.7314.10
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.455.00
2.88
Percentage difference between market reference rate 403.37 and exchange rate charged 391.76
2.88
3.883.88
13.3919.41
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.88
3.47
Percentage difference between market reference rate 403.37 and exchange rate charged 389.36
3.47
4.054.05
13.9720.25
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.994.33
3.47
Percentage difference between market reference rate 403.37 and exchange rate charged 389.36
3.47
4.344.34
14.9721.70
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
6.008.70
2.65
Percentage difference between market reference rate 403.37 and exchange rate charged 392.69
2.65
4.394.39
15.1521.96
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.88
3.86
Percentage difference between market reference rate 403.37 and exchange rate charged 387.80
3.86
4.444.44
15.3222.20
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
8.5012.32
2.79
Percentage difference between market reference rate 403.37 and exchange rate charged 392.13
2.79
5.255.25
18.1126.25
Extrabanca
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Medium
4.005.80
4.31
Percentage difference between market reference rate 403.37 and exchange rate charged 386.00
4.31
5.475.47
18.8727.35
Extrabanca
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Medium
5.007.25
4.31
Percentage difference between market reference rate 403.37 and exchange rate charged 386.00
4.31
5.765.76
19.8728.80
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
3.905.65
4.66
Percentage difference between market reference rate 403.37 and exchange rate charged 384.56
4.66
5.795.79
19.9828.96
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
12.9918.83
3.18
Percentage difference between market reference rate 403.37 and exchange rate charged 390.55
3.18
6.946.94
23.9434.70
Banca Intesa SanPaolo via Western Union
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
13.0018.84
4.66
Percentage difference between market reference rate 403.37 and exchange rate charged 384.56
4.66
8.438.43
29.0842.14
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
13.0018.84
4.66
Percentage difference between market reference rate 403.37 and exchange rate charged 384.56
4.66
8.438.43
29.0842.14
Poste Italiane via MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Post Office branch
Sending network coverage
High
Receiving method
Agent
High
17.0024.64
3.86
Percentage difference between market reference rate 403.37 and exchange rate charged 387.80
3.86
8.798.79
30.3343.96
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
17.0024.64
3.86
Percentage difference between market reference rate 403.37 and exchange rate charged 387.80
3.86
8.798.79
30.3343.96
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
14.9021.59
4.66
Percentage difference between market reference rate 403.37 and exchange rate charged 384.56
4.66
8.988.98
30.9844.90
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.
Unicredit Banca
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
20.5029.71
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
5.945.94
20.4929.70
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.
Banca Monte dei Paschi di Siena
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
21.0030.43
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
6.096.09
21.0130.45
Total Average Fourth Quarter 2019
5.815.81
Total Average Third Quarter 2019
6.736.73
Total Average
Fee
9.0813.16
Exchange Rate Margin (%)
3.183.18
Total Cost Percent (%)
5.815.81
Total Cost (EUR) Total Cost (USD)
20.0529.05
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash Mobile wallet