Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From NLNetherlands you can also send money to

Sending money from NETHERLANDS to DOMINICAN REPUBLIC

Data collected on: Oct 29, 2020
EUR | 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 (EUR)sort descendingTotal cost (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent, Home delivery
High
2.994.27
-1.34
Percentage difference between market reference rate 68.46 and exchange rate charged 69.38
-1.34
0.800.80
1.121.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent, Home delivery
High
2.994.27
2.57
Percentage difference between market reference rate 1.17 and exchange rate charged 1.14
2.57
4.714.71
6.599.41
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
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.995.70
2.81
Percentage difference between market reference rate 68.46 and exchange rate charged 66.54
2.81
5.665.66
7.9211.31
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.5010.71
0.64
Percentage difference between market reference rate 68.46 and exchange rate charged 68.02
0.64
6.006.00
8.4012.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Home delivery
High
7.5010.71
0.64
Percentage difference between market reference rate 68.46 and exchange rate charged 68.02
0.64
6.006.00
8.4012.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent, Home delivery
High
2.994.27
4.74
Percentage difference between market reference rate 68.46 and exchange rate charged 65.22
4.74
6.876.87
9.6213.74
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.0010.00
2.13
Percentage difference between market reference rate 68.46 and exchange rate charged 67.00
2.13
7.137.13
9.9814.26
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
6.609.43
3.18
Percentage difference between market reference rate 68.46 and exchange rate charged 66.28
3.18
7.907.90
11.0615.80
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.5010.71
2.57
Percentage difference between market reference rate 1.17 and exchange rate charged 1.14
2.57
7.937.93
11.1015.86
Suri-Change
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Low
5.007.14
4.59
Percentage difference between market reference rate 68.46 and exchange rate charged 65.32
4.59
8.168.16
11.4216.31
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
3.905.57
5.81
Percentage difference between market reference rate 1.17 and exchange rate charged 1.11
5.81
8.608.60
12.0417.20
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.905.57
6.87
Percentage difference between market reference rate 68.46 and exchange rate charged 63.76
6.87
9.669.66
13.5219.31
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 Fourth Quarter 2020
6.496.49
Total Average Third Quarter 2020
6.686.68
Total Average
Fee
5.567.94
Exchange Rate Margin (%)
2.522.52
Total Cost Percent (%)
6.496.49
Total Cost (EUR) Total Cost (USD)
9.0812.98
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
-1.34
Percentage difference between market reference rate 68.46 and exchange rate charged 69.38
-1.34
-0.47-0.47
-1.62-2.35
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
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent, Home delivery
High
2.994.33
2.57
Percentage difference between market reference rate 1.17 and exchange rate charged 1.14
2.57
3.443.44
11.8717.20
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.995.78
2.81
Percentage difference between market reference rate 68.46 and exchange rate charged 66.54
2.81
3.963.96
13.6619.80
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.0021.74
0.64
Percentage difference between market reference rate 68.46 and exchange rate charged 68.02
0.64
4.994.99
17.2224.96
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Home delivery
High
15.0021.74
0.64
Percentage difference between market reference rate 68.46 and exchange rate charged 68.02
0.64
4.994.99
17.2224.96
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.9014.35
2.13
Percentage difference between market reference rate 68.46 and exchange rate charged 67.00
2.13
5.005.00
17.2525.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent, Home delivery
High
2.994.33
4.74
Percentage difference between market reference rate 68.46 and exchange rate charged 65.22
4.74
5.605.60
19.3228.00
Suri-Change
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Low
5.007.25
4.59
Percentage difference between market reference rate 68.46 and exchange rate charged 65.32
4.59
6.046.04
20.8430.20
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
11.0015.94
3.18
Percentage difference between market reference rate 68.46 and exchange rate charged 66.28
3.18
6.376.37
21.9831.86
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.0021.74
2.57
Percentage difference between market reference rate 1.17 and exchange rate charged 1.14
2.57
6.926.92
23.8734.59
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
3.905.65
5.81
Percentage difference between market reference rate 1.17 and exchange rate charged 1.11
5.81
6.946.94
23.9434.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.905.65
6.87
Percentage difference between market reference rate 68.46 and exchange rate charged 63.76
6.87
8.008.00
27.6040.00
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
9.0013.04
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 Fourth Quarter 2020
4.744.74
Total Average Third Quarter 2020
4.724.72
Total Average
Fee
7.6911.14
Exchange Rate Margin (%)
2.522.52
Total Cost Percent (%)
4.744.74
Total Cost (EUR) Total Cost (USD)
16.3723.72
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