Remittance Prices Worldwide

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From RWRwanda you can also send money to

Sending money from RWANDA to KENYA

Data collected on: Oct 31, 2019
RWF | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Ecobank RapidCash
Firm type: Bank
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
Low
Receiving method
High
3,000.004.00
0.28
Percentage difference between market reference rate 0.11 and exchange rate charged 0.11
0.28
2.282.28
3,420.004.56
MTN Mobile Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
Medium
Receiving method
High
5,000.006.67
0.28
Percentage difference between market reference rate 0.11 and exchange rate charged 0.11
0.28
3.623.62
5,430.007.24
Unimoni
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
4,144.005.53
0.89
Percentage difference between market reference rate 0.11 and exchange rate charged 0.11
0.89
3.653.65
5,475.007.30
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
4,144.005.53
3.86
Percentage difference between market reference rate 0.11 and exchange rate charged 0.11
3.86
6.636.63
9,945.0013.26
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
4,144.005.53
3.86
Percentage difference between market reference rate 0.11 and exchange rate charged 0.11
3.86
6.636.63
9,945.0013.26
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
12,980.0017.31
0.89
Percentage difference between market reference rate 0.11 and exchange rate charged 0.11
0.89
9.549.54
14,310.0019.08
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
16,225.6321.63
0.89
Percentage difference between market reference rate 0.11 and exchange rate charged 0.11
0.89
11.7111.71
17,565.0023.42
Kenya Commercial Bank (KCB)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
18,450.0024.60
0.28
Percentage difference between market reference rate 0.11 and exchange rate charged 0.11
0.28
12.5812.58
18,870.0025.16
Total Average Fourth Quarter 2019
7.087.08
Total Average Third Quarter 2019
7.017.01
Total Average
Fee
8,510.9511.35
Exchange Rate Margin (%)
1.401.40
Total Cost Percent (%)
7.087.08
Total Cost (RWF) Total Cost (USD)
10,620.0014.16
Non-Transparent records
Bank account transfer Mobile money Cash
Less than one hour Same day Next day
Bank account Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
Ecobank RapidCash
Firm type: Bank
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
Low
Receiving method
High
7,500.0010.00
0.28
Percentage difference between market reference rate 0.11 and exchange rate charged 0.11
0.28
2.282.28
8,550.0011.40
MTN Mobile Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
Medium
Receiving method
High
12,000.0016.00
0.28
Percentage difference between market reference rate 0.11 and exchange rate charged 0.11
0.28
3.483.48
13,050.0017.40
Unimoni
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
9,610.0012.81
0.89
Percentage difference between market reference rate 0.11 and exchange rate charged 0.11
0.89
3.453.45
12,937.5017.25
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
9,610.0012.81
3.86
Percentage difference between market reference rate 0.11 and exchange rate charged 0.11
3.86
6.436.43
24,112.5032.15
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
9,610.0012.81
3.86
Percentage difference between market reference rate 0.11 and exchange rate charged 0.11
3.86
6.436.43
24,112.5032.15
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
25,960.0034.61
0.89
Percentage difference between market reference rate 0.11 and exchange rate charged 0.11
0.89
7.817.81
29,287.5039.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
29,035.3338.71
0.89
Percentage difference between market reference rate 0.11 and exchange rate charged 0.11
0.89
8.638.63
32,362.5043.15
Kenya Commercial Bank (KCB)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
18,450.0024.60
0.28
Percentage difference between market reference rate 0.11 and exchange rate charged 0.11
0.28
5.205.20
19,500.0026.00
Total Average Fourth Quarter 2019
5.465.46
Total Average Third Quarter 2019
5.335.33
Total Average
Fee
15,221.9220.30
Exchange Rate Margin (%)
1.401.40
Total Cost Percent (%)
5.465.46
Total Cost (RWF) Total Cost (USD)
20,489.0627.32
Non-Transparent records
Bank account transfer Mobile money Cash
Less than one hour Same day Next day
Bank account Cash Mobile wallet
Least Costly Corridors From Rwanda