Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from NETHERLANDS to DOMINICAN REPUBLIC

Data collected on: May 08, 2019
EUR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent, Home delivery
High
2.994.27
1.46
Percentage difference between market reference rate 56.69 and exchange rate charged 55.86
1.46
3.593.59
5.037.19
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent, Home delivery
High
0.991.41
3.05
Percentage difference between market reference rate 1.12 and exchange rate charged 1.09
3.05
3.763.76
5.267.51
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.995.70
2.54
Percentage difference between market reference rate 56.69 and exchange rate charged 55.25
2.54
5.395.39
7.5510.79
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent, Home delivery
High
0.991.41
5.84
Percentage difference between market reference rate 56.69 and exchange rate charged 53.38
5.84
6.546.54
9.1613.09
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.506.43
3.91
Percentage difference between market reference rate 56.69 and exchange rate charged 54.47
3.91
7.127.12
9.9714.24
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.5010.71
3.05
Percentage difference between market reference rate 1.12 and exchange rate charged 1.09
3.05
8.418.41
11.7716.81
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.907.00
4.97
Percentage difference between market reference rate 56.69 and exchange rate charged 53.87
4.97
8.478.47
11.8616.94
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.5010.71
3.37
Percentage difference between market reference rate 56.69 and exchange rate charged 54.78
3.37
8.728.72
12.2117.44
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Home delivery
High
7.5010.71
3.37
Percentage difference between market reference rate 56.69 and exchange rate charged 54.78
3.37
8.728.72
12.2117.44
MoneyTrans
Firm type: Money Transfer Operator / Post office
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
7.0010.00
3.98
Percentage difference between market reference rate 56.69 and exchange rate charged 54.43
3.98
8.988.98
12.5717.96
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.907.00
5.89
Percentage difference between market reference rate 56.69 and exchange rate charged 53.35
5.89
9.399.39
13.1518.79
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.0014.29
2.64
Percentage difference between market reference rate 1.12 and exchange rate charged 1.09
2.64
9.789.78
13.6919.56
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.0014.29
3.06
Percentage difference between market reference rate 56.69 and exchange rate charged 54.95
3.06
10.2010.20
14.2820.40
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
17.0024.29
3.75
Percentage difference between market reference rate 1.12 and exchange rate charged 1.08
3.75
15.8915.89
22.2531.79
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
17.0024.29
3.75
Percentage difference between market reference rate 1.12 and exchange rate charged 1.08
3.75
15.8915.89
22.2531.79
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.
Rabobank
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
7.0010.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
5.005.00
7.0010.00
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.
ABN AMRO Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
9.0012.86
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
6.436.43
9.0012.86
Total Average Second Quarter
8.378.37
Total Average First Quarter
7.697.69
Total Average
Fee
7.2210.32
Exchange Rate Margin (%)
3.213.21
Total Cost Percent (%)
8.378.37
Total Cost (EUR) Total Cost (USD)
11.7216.74
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day 3-5 days 6 days or more
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent, Home delivery
High
2.994.33
1.46
Percentage difference between market reference rate 56.69 and exchange rate charged 55.86
1.46
2.322.32
8.0011.59
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent, Home delivery
High
0.991.43
3.05
Percentage difference between market reference rate 1.12 and exchange rate charged 1.09
3.05
3.343.34
11.5216.70
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.995.78
2.54
Percentage difference between market reference rate 56.69 and exchange rate charged 55.25
2.54
3.693.69
12.7318.45
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.506.52
3.91
Percentage difference between market reference rate 56.69 and exchange rate charged 54.47
3.91
5.215.21
17.9726.04
MoneyTrans
Firm type: Money Transfer Operator / Post office
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
7.0010.14
3.98
Percentage difference between market reference rate 56.69 and exchange rate charged 54.43
3.98
6.016.01
20.7330.04
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent, Home delivery
High
0.991.43
5.84
Percentage difference between market reference rate 56.69 and exchange rate charged 53.38
5.84
6.126.12
21.1130.59
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.907.10
4.97
Percentage difference between market reference rate 56.69 and exchange rate charged 53.87
4.97
6.396.39
22.0531.96
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.907.10
5.89
Percentage difference between market reference rate 56.69 and exchange rate charged 53.35
5.89
7.317.31
25.2236.55
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.0021.74
3.05
Percentage difference between market reference rate 1.12 and exchange rate charged 1.09
3.05
7.407.40
25.5337.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.0021.74
3.37
Percentage difference between market reference rate 56.69 and exchange rate charged 54.78
3.37
7.717.71
26.6038.55
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Home delivery
High
15.0021.74
3.37
Percentage difference between market reference rate 56.69 and exchange rate charged 54.78
3.37
7.717.71
26.6038.55
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
20.0028.99
2.64
Percentage difference between market reference rate 1.12 and exchange rate charged 1.09
2.64
8.438.43
29.0842.14
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
20.0028.99
3.06
Percentage difference between market reference rate 56.69 and exchange rate charged 54.95
3.06
8.868.86
30.5744.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
23.5034.06
3.75
Percentage difference between market reference rate 1.12 and exchange rate charged 1.08
3.75
10.5610.56
36.4352.80
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
23.5034.06
3.75
Percentage difference between market reference rate 1.12 and exchange rate charged 1.08
3.75
10.5610.56
36.4352.80
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.
Rabobank
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
7.0010.14
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.032.03
7.0010.14
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.
ABN AMRO Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
9.0013.04
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.612.61
9.0013.04
Total Average Second Quarter
6.256.25
Total Average First Quarter
5.575.57
Total Average
Fee
10.4915.20
Exchange Rate Margin (%)
3.213.21
Total Cost Percent (%)
6.256.25
Total Cost (EUR) Total Cost (USD)
21.5631.25
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day 3-5 days 6 days or more
Bank account Cash