Remittance Prices Worldwide

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Sending money from SPAIN to NIGERIA

Data collected on: Feb 16, 2018
EUR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Ria
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
6.008.57
0.29
0.29
4.574.57
6.409.14
BBVA Dinero Express
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
5.007.14
2.51
2.51
6.096.09
8.5312.19
Maccorp Exact Change
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
6.909.86
1.46
1.46
6.396.39
8.9512.79
Money Exchange
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
4.907.00
2.96
2.96
6.466.46
9.0412.91
Small World
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
6.008.57
3.18
3.18
7.477.47
10.4614.94
Transferwise
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
8.9012.71
1.45
1.45
7.817.81
10.9315.61
WorldRemit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
5.998.56
3.59
3.59
7.877.87
11.0215.74
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
8.9012.71
2.31
2.31
8.678.67
12.1417.34
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
6.909.86
3.88
3.88
8.818.81
12.3317.61
Total Average First Quarter
7.137.13
Total Average Fourth Quarter 2017
7.617.61
Total Average
Fee
6.619.44
Exchange Rate Margin (%)
2.402.40
Total Cost Percent (%)
7.137.13
Total Cost (EUR) Total Cost (USD)
9.9814.25
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour 2 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Ria
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
6.008.70
0.29
0.29
2.032.03
7.0010.14
Maccorp Exact Change
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
6.9010.00
1.46
1.46
3.463.46
11.9417.30
BBVA Dinero Express
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
5.007.25
2.51
2.51
3.963.96
13.6619.80
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
8.9012.90
2.31
2.31
4.894.89
16.8724.45
Transferwise
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
11.9017.25
1.45
1.45
4.904.90
16.9124.51
Small World
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
6.008.70
3.18
3.18
4.924.92
16.9724.59
Money Exchange
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
6.9010.00
2.96
2.96
4.964.96
17.1124.80
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
11.9017.25
3.88
3.88
7.337.33
25.2936.65
WorldRemit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
12.9918.83
3.59
3.59
7.367.36
25.3936.80
Total Average First Quarter
4.874.87
Total Average Fourth Quarter 2017
5.355.35
Total Average
Fee
8.5012.32
Exchange Rate Margin (%)
2.402.40
Total Cost Percent (%)
4.874.87
Total Cost (EUR) Total Cost (USD)
16.7924.34
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour 2 days
Bank account Cash