Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From KEKenya you can also send money to

Sending money from KENYA to TANZANIA

Data collected on: Sep 14, 2019
KES | USD
Payment instrument
Access point
Sending network coverage
Receiving method
M-Pesa
Firm type: Money Transfer Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
100.001.11
3.31
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
3.31
3.873.87
696.607.74
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
270.003.00
2.66
Percentage difference between market reference rate 22.16 and exchange rate charged 21.57
2.66
4.164.16
748.808.32
UBA Africash
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Bank branch
Medium
514.505.72
3.33
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
3.33
6.196.19
1,114.2012.38
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
400.004.44
4.14
Percentage difference between market reference rate 22.16 and exchange rate charged 21.24
4.14
6.366.36
1,144.8012.72
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
1,257.0013.97
2.29
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.29
9.279.27
1,668.6018.54
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1,320.0014.67
2.10
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.10
9.449.44
1,699.2018.88
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
Medium
1,750.0019.44
1.30
Percentage difference between market reference rate 22.16 and exchange rate charged 21.87
1.30
11.0211.02
1,983.6022.04
Equatorial Commercial Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Medium
1,650.0018.33
2.32
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.32
11.4811.48
2,066.4022.96
United Bank for Africa (UBA)
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Medium
1,650.0018.33
2.41
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.41
11.5811.58
2,084.4023.16
GT Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Medium
1,650.0018.33
2.46
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.46
11.6311.63
2,093.4023.26
Posta Kenya
Firm type: Post office
Payment instrument
Access point
Post Office branch
Sending network coverage
High
Receiving method
Agent
High
1,740.0019.33
2.47
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.47
12.1412.14
2,185.2024.28
Citibank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Medium
1,800.0020.00
3.51
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
3.51
13.5113.51
2,431.8027.02
ABC Bank
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Medium
1,650.0018.33
5.21
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
5.21
14.3814.38
2,588.4028.76
Kenya Commercial Bank (KCB)
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Medium
2,200.0024.44
2.30
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.30
14.5314.53
2,615.4029.06
Development Bank of Kenya
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Medium
2,053.0022.81
5.30
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
5.30
16.7116.71
3,007.8033.42
Ecobank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Bank branch
Low
2,700.0030.00
3.36
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
3.36
18.3618.36
3,304.8036.72
Total Average Third Quarter
10.9110.91
Total Average Second Quarter
11.5411.54
Total Average
Fee
1,419.0315.77
Exchange Rate Margin (%)
3.033.03
Total Cost Percent (%)
10.9110.91
Total Cost (KES) Total Cost (USD)
1,964.5921.83
Non-Transparent records
Bank account transfer Debit/credit card Mobile money 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
M-Pesa
Firm type: Money Transfer Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
110.001.22
3.31
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
3.31
3.553.55
1,597.5017.75
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
675.007.50
2.66
Percentage difference between market reference rate 22.16 and exchange rate charged 21.57
2.66
4.164.16
1,872.0020.80
UBA Africash
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Bank branch
Medium
834.839.28
3.33
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
3.33
5.185.18
2,331.0025.90
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
600.006.67
4.14
Percentage difference between market reference rate 22.16 and exchange rate charged 21.24
4.14
5.475.47
2,461.5027.35
Equatorial Commercial Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Medium
1,650.0018.33
2.32
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.32
5.985.98
2,691.0029.90
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
Medium
2,150.0023.89
1.30
Percentage difference between market reference rate 22.16 and exchange rate charged 21.87
1.30
6.086.08
2,736.0030.40
United Bank for Africa (UBA)
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Medium
1,650.0018.33
2.41
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.41
6.086.08
2,736.0030.40
GT Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Medium
1,650.0018.33
2.46
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.46
6.136.13
2,758.5030.65
Kenya Commercial Bank (KCB)
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Medium
2,200.0024.44
2.30
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.30
7.197.19
3,235.5035.95
Citibank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Medium
1,800.0020.00
3.51
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
3.51
7.517.51
3,379.5037.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2,640.0029.33
2.10
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.10
7.977.97
3,586.5039.85
ABC Bank
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Medium
1,650.0018.33
5.21
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
5.21
8.888.88
3,996.0044.40
Posta Kenya
Firm type: Post office
Payment instrument
Access point
Post Office branch
Sending network coverage
High
Receiving method
Agent
High
2,900.0032.22
2.47
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.47
8.928.92
4,014.0044.60
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
3,143.0034.92
2.29
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.29
9.279.27
4,171.5046.35
Ecobank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Bank branch
Low
2,700.0030.00
3.36
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
3.36
9.369.36
4,212.0046.80
Development Bank of Kenya
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Medium
2,133.0023.70
5.30
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
5.30
10.0410.04
4,518.0050.20
Total Average Third Quarter
6.996.99
Total Average Second Quarter
7.687.68
Total Average
Fee
1,780.3619.78
Exchange Rate Margin (%)
3.033.03
Total Cost Percent (%)
6.996.99
Total Cost (KES) Total Cost (USD)
3,143.5334.93
Non-Transparent records
Bank account transfer Debit/credit card Mobile money Cash
Less than one hour Same day Next day 2 days
Bank account Cash Mobile wallet