Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From NLNetherlands you can also send money to

Sending money from NETHERLANDS to NIGERIA

Data collected on: May 12, 2020
EUR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
MoneyTrans
Firm type: Money Transfer Operator / Post office
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
8.0011.43
-8.12
Percentage difference between market reference rate 421.76 and exchange rate charged 456.01
-8.12
-2.41-2.41
-3.37-4.81
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.994.27
1.67
Percentage difference between market reference rate 421.76 and exchange rate charged 414.71
1.67
3.813.81
5.337.61
Transferwise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.072.96
3.41
Percentage difference between market reference rate 421.97 and exchange rate charged 407.60
3.41
4.884.88
6.839.76
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.84
4.01
Percentage difference between market reference rate 421.76 and exchange rate charged 404.84
4.01
5.435.43
7.6010.86
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.992.84
5.03
Percentage difference between market reference rate 421.76 and exchange rate charged 400.55
5.03
6.456.45
9.0312.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.904.14
4.50
Percentage difference between market reference rate 421.76 and exchange rate charged 402.76
4.50
6.586.58
9.2113.16
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
4.997.13
5.32
Percentage difference between market reference rate 421.76 and exchange rate charged 399.32
5.32
8.888.88
12.4317.76
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.0012.86
4.01
Percentage difference between market reference rate 421.76 and exchange rate charged 404.84
4.01
10.4410.44
14.6220.89
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
9.0012.86
4.92
Percentage difference between market reference rate 421.76 and exchange rate charged 401.00
4.92
11.3511.35
15.8922.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.907.00
8.48
Percentage difference between market reference rate 421.76 and exchange rate charged 386.00
8.48
11.9811.98
16.7723.96
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
12.0017.14
8.48
Percentage difference between market reference rate 421.76 and exchange rate charged 386.00
8.48
17.0517.05
23.8734.10
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.
ING Bank/Postbank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
6.008.57
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
4.294.29
6.018.59
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
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
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
7.327.32
Total Average First Quarter
6.876.87
Total Average
Fee
5.768.22
Exchange Rate Margin (%)
3.213.21
Total Cost Percent (%)
7.327.32
Total Cost (EUR) Total Cost (USD)
10.2514.64
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
MoneyTrans
Firm type: Money Transfer Operator / Post office
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
10.0014.49
-8.12
Percentage difference between market reference rate 421.76 and exchange rate charged 456.01
-8.12
-5.22-5.22
-18.01-26.10
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.994.33
1.67
Percentage difference between market reference rate 421.76 and exchange rate charged 414.71
1.67
2.542.54
8.7612.70
Transferwise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.065.88
3.41
Percentage difference between market reference rate 421.97 and exchange rate charged 407.60
3.41
4.584.58
15.8022.90
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.88
4.01
Percentage difference between market reference rate 421.76 and exchange rate charged 404.84
4.01
4.594.59
15.8422.96
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.992.88
5.03
Percentage difference between market reference rate 421.76 and exchange rate charged 400.55
5.03
5.615.61
19.3528.04
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.904.20
4.50
Percentage difference between market reference rate 421.76 and exchange rate charged 402.76
4.50
5.345.34
18.4226.70
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
4.997.23
5.32
Percentage difference between market reference rate 421.76 and exchange rate charged 399.32
5.32
6.776.77
23.3633.86
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.0021.74
4.01
Percentage difference between market reference rate 421.76 and exchange rate charged 404.84
4.01
8.368.36
28.8441.80
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
14.0020.29
4.92
Percentage difference between market reference rate 421.76 and exchange rate charged 401.00
4.92
8.988.98
30.9844.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
6.9010.00
8.48
Percentage difference between market reference rate 421.76 and exchange rate charged 386.00
8.48
10.4810.48
36.1652.41
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
17.0024.64
8.48
Percentage difference between market reference rate 421.76 and exchange rate charged 386.00
8.48
13.4113.41
46.2667.04
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.
ING Bank/Postbank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
6.008.70
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
1.741.74
6.008.70
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
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
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
5.375.37
Total Average First Quarter
5.125.12
Total Average
Fee
7.4510.79
Exchange Rate Margin (%)
3.213.21
Total Cost Percent (%)
5.375.37
Total Cost (EUR) Total Cost (USD)
18.5226.84
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Next day 3-5 days
Bank account Cash