Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From ESSpain you can also send money to
Transfer money

Sending money from SPAIN to NIGERIA

Data collected on: May 09, 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
Transferwise
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
1.902.71
Exchange rate margin (%)
1.24
Percentage difference between market reference rate 404.24 and exchange rate charged 399.231.24
Total cost (%)
2.602.60
Total cost (EUR)sort descendingTotal cost (USD)sort descending
3.645.20
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
1.992.84
Exchange rate margin (%)
2.96
Percentage difference between market reference rate 404.24 and exchange rate charged 392.292.96
Total cost (%)
4.384.38
Total cost (EUR)sort descendingTotal cost (USD)sort descending
6.138.76
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 (%)
3.90
Percentage difference between market reference rate 404.24 and exchange rate charged 388.473.90
Total cost (%)
4.614.61
Total cost (EUR)sort descendingTotal cost (USD)sort descending
6.459.21
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 (%)
3.07
Percentage difference between market reference rate 404.24 and exchange rate charged 391.813.07
Total cost (%)
5.225.22
Total cost (EUR)sort descendingTotal cost (USD)sort descending
7.3110.44
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 (%)
3.23
Percentage difference between market reference rate 404.24 and exchange rate charged 391.183.23
Total cost (%)
7.527.52
Total cost (EUR)sort descendingTotal cost (USD)sort descending
10.5315.04
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 (%)
4.85
Percentage difference between market reference rate 404.24 and exchange rate charged 384.644.85
Total cost (%)
8.358.35
Total cost (EUR)sort descendingTotal cost (USD)sort descending
11.6916.70
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 (%)
4.99
Percentage difference between market reference rate 404.24 and exchange rate charged 384.064.99
Total cost (%)
8.498.49
Total cost (EUR)sort descendingTotal cost (USD)sort descending
11.8916.99
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 (%)
3.77
Percentage difference between market reference rate 404.24 and exchange rate charged 389.023.77
Total cost (%)
8.698.69
Total cost (EUR)sort descendingTotal cost (USD)sort descending
12.1717.39
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 (%)
5.27
Percentage difference between market reference rate 404.24 and exchange rate charged 382.945.27
Total cost (%)
8.848.84
Total cost (EUR)sort descendingTotal cost (USD)sort descending
12.3817.69
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 (%)
4.89
Percentage difference between market reference rate 404.24 and exchange rate charged 384.494.89
Total cost (%)
9.179.17
Total cost (EUR)sort descendingTotal cost (USD)sort descending
12.8418.34
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 (%)
4.48
Percentage difference between market reference rate 404.24 and exchange rate charged 386.134.48
Total cost (%)
9.419.41
Total cost (EUR)sort descendingTotal cost (USD)sort descending
13.1718.81
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
9.0012.86
Exchange rate margin (%)
5.51
Percentage difference between market reference rate 404.24 and exchange rate charged 381.975.51
Total cost (%)
11.9411.94
Total cost (EUR)sort descendingTotal cost (USD)sort descending
16.7223.89
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 (%)
5.51
Percentage difference between market reference rate 404.24 and exchange rate charged 381.975.51
Total cost (%)
11.9411.94
Total cost (EUR)sort descendingTotal cost (USD)sort descending
16.7223.89
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 (%)
4.48
Percentage difference between market reference rate 404.24 and exchange rate charged 386.134.48
Total cost (%)
12.9812.98
Total cost (EUR)sort descendingTotal cost (USD)sort descending
18.1725.96
Total Average Second Quarter
8.158.15
Total Average First Quarter
7.277.27
Total Average
Fee
5.608.00
Exchange Rate Margin (%)
4.154.15
Total Cost Percent (%)
8.158.15
Total Cost (EUR) Total Cost (USD)
11.4216.31
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
Transferwise
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
3.655.29
Exchange rate margin (%)
1.24
Percentage difference between market reference rate 404.24 and exchange rate charged 399.231.24
Total cost (%)
2.302.30
Total cost (EUR)sort descendingTotal cost (USD)sort descending
7.9411.51
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 (%)
2.96
Percentage difference between market reference rate 404.24 and exchange rate charged 392.292.96
Total cost (%)
3.823.82
Total cost (EUR)sort descendingTotal cost (USD)sort descending
13.1819.10
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 (%)
3.07
Percentage difference between market reference rate 404.24 and exchange rate charged 391.813.07
Total cost (%)
3.943.94
Total cost (EUR)sort descendingTotal cost (USD)sort descending
13.5919.70
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 (%)
3.90
Percentage difference between market reference rate 404.24 and exchange rate charged 388.473.90
Total cost (%)
4.194.19
Total cost (EUR)sort descendingTotal cost (USD)sort descending
14.4620.96
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 (%)
3.23
Percentage difference between market reference rate 404.24 and exchange rate charged 391.183.23
Total cost (%)
4.974.97
Total cost (EUR)sort descendingTotal cost (USD)sort descending
17.1524.86
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 (%)
3.77
Percentage difference between market reference rate 404.24 and exchange rate charged 389.023.77
Total cost (%)
5.775.77
Total cost (EUR)sort descendingTotal cost (USD)sort descending
19.9128.86
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 (%)
4.85
Percentage difference between market reference rate 404.24 and exchange rate charged 384.644.85
Total cost (%)
6.276.27
Total cost (EUR)sort descendingTotal cost (USD)sort descending
21.6331.35
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 (%)
4.99
Percentage difference between market reference rate 404.24 and exchange rate charged 384.064.99
Total cost (%)
6.416.41
Total cost (EUR)sort descendingTotal cost (USD)sort descending
22.1132.04
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 (%)
4.89
Percentage difference between market reference rate 404.24 and exchange rate charged 384.494.89
Total cost (%)
6.626.62
Total cost (EUR)sort descendingTotal cost (USD)sort descending
22.8433.10
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 (%)
5.27
Percentage difference between market reference rate 404.24 and exchange rate charged 382.945.27
Total cost (%)
6.726.72
Total cost (EUR)sort descendingTotal cost (USD)sort descending
23.1833.59
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 (%)
4.48
Percentage difference between market reference rate 404.24 and exchange rate charged 386.134.48
Total cost (%)
7.937.93
Total cost (EUR)sort descendingTotal cost (USD)sort descending
27.3639.65
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 (%)
4.48
Percentage difference between market reference rate 404.24 and exchange rate charged 386.134.48
Total cost (%)
7.937.93
Total cost (EUR)sort descendingTotal cost (USD)sort descending
27.3639.65
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
15.0021.74
Exchange rate margin (%)
5.51
Percentage difference between market reference rate 404.24 and exchange rate charged 381.975.51
Total cost (%)
9.869.86
Total cost (EUR)sort descendingTotal cost (USD)sort descending
34.0249.30
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
15.0021.74
Exchange rate margin (%)
5.51
Percentage difference between market reference rate 404.24 and exchange rate charged 381.975.51
Total cost (%)
9.869.86
Total cost (EUR)sort descendingTotal cost (USD)sort descending
34.0249.30
Total Average Second Quarter
6.196.19
Total Average First Quarter
5.555.55
Total Average
Fee
7.0110.16
Exchange Rate Margin (%)
4.154.15
Total Cost Percent (%)
6.196.19
Total Cost (EUR) Total Cost (USD)
21.3430.93
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour 2 days
Bank account Cash Mobile wallet
Least Costly Corridors To Nigeria
Least Costly Corridors From Spain
      © 2015 The World Bank Group, All Rights Reserved