Remittance Prices Worldwide

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Sending money from NETHERLANDS to NIGERIA

Data collected on: Nov 10, 2017
EUR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Transferwise
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.693.84
0.71
0.71
2.632.63
3.685.26
WorldRemit
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.998.56
2.34
2.34
6.626.62
9.2713.24
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
9.0012.86
0.89
0.89
7.317.31
10.2314.61
Western Union
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
6.909.86
2.39
2.39
7.327.32
10.2514.64
Western Union
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.909.86
2.39
2.39
7.327.32
10.2514.64
MoneyTrans
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
8.0011.43
3.66
3.66
9.379.37
13.1218.74
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
ABN AMRO Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
5.507.86
0.00
0.00
3.933.93
5.507.86
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
ING Bank/Postbank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
6.008.57
0.00
0.00
4.294.29
6.018.59
Total Average Fourth Quarter 2017
6.106.10
Total Average Third Quarter 2017
12.9412.94
Total Average
Fee
6.379.10
Exchange Rate Margin (%)
1.551.55
Total Cost Percent (%)
6.106.10
Total Cost (EUR) Total Cost (USD)
8.5412.20
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Next day 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Transferwise
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
3.715.38
0.71
0.71
1.781.78
6.148.90
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.0021.74
0.89
0.89
5.235.23
18.0426.14
Western Union
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.0014.49
2.39
2.39
5.295.29
18.2526.45
WorldRemit
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
12.9918.83
2.34
2.34
6.106.10
21.0530.51
MoneyTrans
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
10.0014.49
3.66
3.66
6.566.56
22.6332.80
Western Union
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
14.9021.59
2.39
2.39
6.716.71
23.1533.55
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
ABN AMRO Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
5.507.97
0.00
0.00
1.591.59
5.497.96
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
ING Bank/Postbank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
6.008.70
0.00
0.00
1.741.74
6.008.70
Total Average Fourth Quarter 2017
4.384.38
Total Average Third Quarter 2017
11.0911.09
Total Average
Fee
9.7614.15
Exchange Rate Margin (%)
1.551.55
Total Cost Percent (%)
4.384.38
Total Cost (EUR) Total Cost (USD)
15.0921.88
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Next day 3-5 days
Bank account Cash