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Transfer money

Sending money from SPAIN to NIGERIA

Data collected on: Oct 31, 2019
EUR | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (EUR)sort descendingTotal cost (USD)sort descending
Firm
Azimo
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.492.13
Exchange rate margin (%)
0.55
Percentage difference between market reference rate 403.08 and exchange rate charged 400.840.55
Total cost (%)
1.621.62
Total cost (EUR)sort descendingTotal cost (USD)sort descending
2.273.24
Firm
Transferwise
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
1.502.14
Exchange rate margin (%)
2.11
Percentage difference between market reference rate 403.08 and exchange rate charged 394.582.11
Total cost (%)
3.183.18
Total cost (EUR)sort descendingTotal cost (USD)sort descending
4.456.36
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
0.000.00
Exchange rate margin (%)
3.20
Percentage difference between market reference rate 403.08 and exchange rate charged 390.173.20
Total cost (%)
3.203.20
Total cost (EUR)sort descendingTotal cost (USD)sort descending
4.486.40
Firm
Transferwise
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
2.072.96
Exchange rate margin (%)
2.11
Percentage difference between market reference rate 403.08 and exchange rate charged 394.582.11
Total cost (%)
3.593.59
Total cost (EUR)sort descendingTotal cost (USD)sort descending
5.037.19
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
3.004.29
Exchange rate margin (%)
2.57
Percentage difference between market reference rate 403.08 and exchange rate charged 392.722.57
Total cost (%)
4.714.71
Total cost (EUR)sort descendingTotal cost (USD)sort descending
6.599.41
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
0.991.41
Exchange rate margin (%)
4.30
Percentage difference between market reference rate 403.08 and exchange rate charged 385.734.30
Total cost (%)
5.015.01
Total cost (EUR)sort descendingTotal cost (USD)sort descending
7.0110.01
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
2.994.27
Exchange rate margin (%)
3.92
Percentage difference between market reference rate 403.08 and exchange rate charged 387.273.92
Total cost (%)
6.066.06
Total cost (EUR)sort descendingTotal cost (USD)sort descending
8.4812.11
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
6.008.57
Exchange rate margin (%)
3.49
Percentage difference between market reference rate 403.08 and exchange rate charged 389.013.49
Total cost (%)
7.787.78
Total cost (EUR)sort descendingTotal cost (USD)sort descending
10.8915.56
Firm
Small World
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
6.008.57
Exchange rate margin (%)
3.49
Percentage difference between market reference rate 403.08 and exchange rate charged 388.993.49
Total cost (%)
7.787.78
Total cost (EUR)sort descendingTotal cost (USD)sort descending
10.8915.56
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
4.997.13
Exchange rate margin (%)
4.30
Percentage difference between market reference rate 403.08 and exchange rate charged 385.734.30
Total cost (%)
7.877.87
Total cost (EUR)sort descendingTotal cost (USD)sort descending
11.0215.74
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
4.907.00
Exchange rate margin (%)
4.56
Percentage difference between market reference rate 403.08 and exchange rate charged 384.694.56
Total cost (%)
8.068.06
Total cost (EUR)sort descendingTotal cost (USD)sort descending
11.2816.11
Firm
Money Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
6.909.86
Exchange rate margin (%)
3.83
Percentage difference between market reference rate 403.08 and exchange rate charged 387.653.83
Total cost (%)
8.768.76
Total cost (EUR)sort descendingTotal cost (USD)sort descending
12.2617.51
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
6.909.86
Exchange rate margin (%)
4.98
Percentage difference between market reference rate 403.08 and exchange rate charged 383.004.98
Total cost (%)
9.919.91
Total cost (EUR)sort descendingTotal cost (USD)sort descending
13.8719.81
Firm
BBVA Dinero Express
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
5.007.14
Exchange rate margin (%)
7.17
Percentage difference between market reference rate 403.08 and exchange rate charged 374.167.17
Total cost (%)
10.7510.75
Total cost (EUR)sort descendingTotal cost (USD)sort descending
15.0521.50
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
4.907.00
Exchange rate margin (%)
7.65
Percentage difference between market reference rate 403.08 and exchange rate charged 372.257.65
Total cost (%)
11.1511.15
Total cost (EUR)sort descendingTotal cost (USD)sort descending
15.6122.30
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
9.0012.86
Exchange rate margin (%)
5.84
Percentage difference between market reference rate 403.08 and exchange rate charged 379.535.84
Total cost (%)
12.2712.27
Total cost (EUR)sort descendingTotal cost (USD)sort descending
17.1824.54
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
8.9012.71
Exchange rate margin (%)
5.99
Percentage difference between market reference rate 403.08 and exchange rate charged 378.945.99
Total cost (%)
12.3512.35
Total cost (EUR)sort descendingTotal cost (USD)sort descending
17.2924.70
Firm
Maccorp Exact Change
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
11.9017.00
Exchange rate margin (%)
5.36
Percentage difference between market reference rate 403.08 and exchange rate charged 381.475.36
Total cost (%)
13.8613.86
Total cost (EUR)sort descendingTotal cost (USD)sort descending
19.4027.71
Total Average Fourth Quarter 2019
7.667.66
Total Average Third Quarter 2019
8.258.25
Total Average
Fee
4.866.94
Exchange Rate Margin (%)
4.194.19
Total Cost Percent (%)
7.667.66
Total Cost (EUR) Total Cost (USD)
10.7315.32
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour 2 days
Bank account Cash Mobile wallet
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (EUR)sort descendingTotal cost (USD)sort descending
Firm
Azimo
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.492.16
Exchange rate margin (%)
0.55
Percentage difference between market reference rate 403.08 and exchange rate charged 400.840.55
Total cost (%)
0.990.99
Total cost (EUR)sort descendingTotal cost (USD)sort descending
3.424.96
Firm
Transferwise
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
2.663.86
Exchange rate margin (%)
2.11
Percentage difference between market reference rate 403.08 and exchange rate charged 394.582.11
Total cost (%)
2.882.88
Total cost (EUR)sort descendingTotal cost (USD)sort descending
9.9414.41
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
0.000.00
Exchange rate margin (%)
3.20
Percentage difference between market reference rate 403.08 and exchange rate charged 390.173.20
Total cost (%)
3.203.20
Total cost (EUR)sort descendingTotal cost (USD)sort descending
11.0416.00
Firm
Transferwise
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
4.065.88
Exchange rate margin (%)
2.11
Percentage difference between market reference rate 403.08 and exchange rate charged 394.582.11
Total cost (%)
3.293.29
Total cost (EUR)sort descendingTotal cost (USD)sort descending
11.3516.45
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
3.004.35
Exchange rate margin (%)
2.57
Percentage difference between market reference rate 403.08 and exchange rate charged 392.722.57
Total cost (%)
3.443.44
Total cost (EUR)sort descendingTotal cost (USD)sort descending
11.8717.20
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
0.991.43
Exchange rate margin (%)
4.30
Percentage difference between market reference rate 403.08 and exchange rate charged 385.734.30
Total cost (%)
4.594.59
Total cost (EUR)sort descendingTotal cost (USD)sort descending
15.8422.96
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
2.994.33
Exchange rate margin (%)
3.92
Percentage difference between market reference rate 403.08 and exchange rate charged 387.273.92
Total cost (%)
4.794.79
Total cost (EUR)sort descendingTotal cost (USD)sort descending
16.5323.96
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
6.008.70
Exchange rate margin (%)
3.49
Percentage difference between market reference rate 403.08 and exchange rate charged 389.013.49
Total cost (%)
5.235.23
Total cost (EUR)sort descendingTotal cost (USD)sort descending
18.0426.14
Firm
Small World
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
6.008.70
Exchange rate margin (%)
3.49
Percentage difference between market reference rate 403.08 and exchange rate charged 388.993.49
Total cost (%)
5.235.23
Total cost (EUR)sort descendingTotal cost (USD)sort descending
18.0426.14
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
4.997.23
Exchange rate margin (%)
4.30
Percentage difference between market reference rate 403.08 and exchange rate charged 385.734.30
Total cost (%)
5.755.75
Total cost (EUR)sort descendingTotal cost (USD)sort descending
19.8428.75
Firm
Money Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
6.9010.00
Exchange rate margin (%)
3.83
Percentage difference between market reference rate 403.08 and exchange rate charged 387.653.83
Total cost (%)
5.835.83
Total cost (EUR)sort descendingTotal cost (USD)sort descending
20.1129.14
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
4.907.10
Exchange rate margin (%)
4.56
Percentage difference between market reference rate 403.08 and exchange rate charged 384.694.56
Total cost (%)
5.985.98
Total cost (EUR)sort descendingTotal cost (USD)sort descending
20.6329.90
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
11.9017.25
Exchange rate margin (%)
4.98
Percentage difference between market reference rate 403.08 and exchange rate charged 383.004.98
Total cost (%)
8.438.43
Total cost (EUR)sort descendingTotal cost (USD)sort descending
29.0842.14
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
8.9012.90
Exchange rate margin (%)
5.99
Percentage difference between market reference rate 403.08 and exchange rate charged 378.945.99
Total cost (%)
8.578.57
Total cost (EUR)sort descendingTotal cost (USD)sort descending
29.5742.86
Firm
BBVA Dinero Express
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
5.007.25
Exchange rate margin (%)
7.17
Percentage difference between market reference rate 403.08 and exchange rate charged 374.167.17
Total cost (%)
8.628.62
Total cost (EUR)sort descendingTotal cost (USD)sort descending
29.7443.10
Firm
Maccorp Exact Change
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
11.9017.25
Exchange rate margin (%)
5.36
Percentage difference between market reference rate 403.08 and exchange rate charged 381.475.36
Total cost (%)
8.818.81
Total cost (EUR)sort descendingTotal cost (USD)sort descending
30.3944.04
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
4.907.10
Exchange rate margin (%)
7.65
Percentage difference between market reference rate 403.08 and exchange rate charged 372.257.65
Total cost (%)
9.079.07
Total cost (EUR)sort descendingTotal cost (USD)sort descending
31.2945.35
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
15.0021.74
Exchange rate margin (%)
5.84
Percentage difference between market reference rate 403.08 and exchange rate charged 379.535.84
Total cost (%)
10.1910.19
Total cost (EUR)sort descendingTotal cost (USD)sort descending
35.1650.96
Total Average Fourth Quarter 2019
5.835.83
Total Average Third Quarter 2019
6.236.23
Total Average
Fee
5.648.18
Exchange Rate Margin (%)
4.194.19
Total Cost Percent (%)
5.835.83
Total Cost (EUR) Total Cost (USD)
20.1029.14
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour 2 days
Bank account Cash Mobile wallet
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