Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From KEKenya you can also send money to

Sending money from KENYA to SOUTH SUDAN

Data collected on: May 26, 2021-Jun 29, 2021
KES | 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 (KES)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
United Bank for Africa (UBA)
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Low
1,650.0018.33
-0.04
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
-0.04
9.139.13
1,643.4018.26
Ecobank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Low
300.003.33
-2.77
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
-2.77
-1.10-1.10
-198.00-2.20
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
Low
1,750.0019.44
4.35
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
4.35
14.0714.07
2,532.6028.14
Spire Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Low
1,800.0020.00
2.09
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.09
12.0912.09
2,176.2024.18
GT Bank
Firm type: Bank
Payment instrument
Access point
Call Center, Internet
Sending network coverage
High
Receiving method
Low
1,800.0020.00
2.00
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.00
12.0012.00
2,160.0024.00
GT Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Low
1,800.0020.00
2.09
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.09
12.0912.09
2,176.2024.18
KCB Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Low
2,000.0022.22
0.83
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
0.83
11.9411.94
2,149.2023.88
Development Bank of Kenya
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Low
4,045.0044.94
1.92
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
1.92
24.3924.39
4,390.2048.78
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
420.004.67
2.00
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.00
4.334.33
779.408.66
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
420.004.67
3.07
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
3.07
5.405.40
972.0010.80
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
216.002.40
2.00
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.00
3.203.20
576.006.40
ABC Bank
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Low
108.501.21
0.74
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
0.74
1.341.34
241.202.68
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
432.004.80
1.38
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
1.38
3.783.78
680.407.56
ABC Bank
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center, Internet
Sending network coverage
High
Receiving method
Low
1,800.0020.00
0.74
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
0.74
10.7410.74
1,933.2021.48
Total Average Second Quarter
8.818.81
Total Average First Quarter
10.7310.73
Total Average
Fee
1,324.3914.72
Exchange Rate Margin (%)
1.461.46
Total Cost Percent (%)
8.818.81
Total Cost (KES) Total Cost (USD)
1,586.5717.63
Non-Transparent records
Bank account transfer 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
United Bank for Africa (UBA)
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Low
1,650.0018.33
-0.04
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
-0.04
3.633.63
1,633.5018.15
Ecobank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Low
300.003.33
-2.77
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
-2.77
-2.10-2.10
-945.00-10.50
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
Low
2,150.0023.89
4.35
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
4.35
9.139.13
4,108.5045.65
Spire Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Low
1,800.0020.00
2.09
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.09
6.096.09
2,740.5030.45
GT Bank
Firm type: Bank
Payment instrument
Access point
Call Center, Internet
Sending network coverage
High
Receiving method
Low
1,800.0020.00
2.00
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.00
6.006.00
2,700.0030.00
GT Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Low
1,800.0020.00
2.09
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.09
6.096.09
2,740.5030.45
KCB Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Low
2,000.0022.22
0.83
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
0.83
5.275.27
2,371.5026.35
Development Bank of Kenya
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Low
4,535.0050.39
1.92
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
1.92
11.9911.99
5,395.5059.95
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
420.004.67
2.00
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.00
2.932.93
1,318.5014.65
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
420.004.67
3.07
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
3.07
4.004.00
1,800.0020.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
540.006.00
2.00
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.00
3.203.20
1,440.0016.00
ABC Bank
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Low
108.501.21
0.74
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
0.74
0.980.98
441.004.90
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
1,080.0012.00
1.38
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
1.38
3.783.78
1,701.0018.90
ABC Bank
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center, Internet
Sending network coverage
High
Receiving method
Low
1,800.0020.00
0.74
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
0.74
4.744.74
2,133.0023.70
Total Average Second Quarter
4.704.70
Total Average First Quarter
5.875.87
Total Average
Fee
1,457.3916.19
Exchange Rate Margin (%)
1.461.46
Total Cost Percent (%)
4.704.70
Total Cost (KES) Total Cost (USD)
2,112.7523.48
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day Next day 2 days
Bank account Cash Mobile wallet