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Transfer money

Sending money from SPAIN to NIGERIA

Data collected on: Jul 30, 2020
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
Medium
Fee
1.992.84
Exchange rate margin (%)
-1.71
Percentage difference between market reference rate 455.70 and exchange rate charged 463.51-1.71
Total cost (%)
-0.29-0.29
Total cost (EUR)sort descendingTotal cost (USD)sort descending
-0.41-0.59
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
3.004.29
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.142.14
Total cost (EUR)sort descendingTotal cost (USD)sort descending
3.004.29
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 (%)
2.42
Percentage difference between market reference rate 455.70 and exchange rate charged 444.662.42
Total cost (%)
2.422.42
Total cost (EUR)sort descendingTotal cost (USD)sort descending
3.394.84
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 (%)
1.53
Percentage difference between market reference rate 455.70 and exchange rate charged 448.731.53
Total cost (%)
2.602.60
Total cost (EUR)sort descendingTotal cost (USD)sort descending
3.645.20
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 (%)
1.53
Percentage difference between market reference rate 455.70 and exchange rate charged 448.731.53
Total cost (%)
3.013.01
Total cost (EUR)sort descendingTotal cost (USD)sort descending
4.216.01
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 (%)
1.58
Percentage difference between market reference rate 455.70 and exchange rate charged 448.491.58
Total cost (%)
3.723.72
Total cost (EUR)sort descendingTotal cost (USD)sort descending
5.217.44
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 (%)
1.89
Percentage difference between market reference rate 455.70 and exchange rate charged 447.101.89
Total cost (%)
4.034.03
Total cost (EUR)sort descendingTotal cost (USD)sort descending
5.648.06
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.991.41
Exchange rate margin (%)
3.71
Percentage difference between market reference rate 455.70 and exchange rate charged 438.813.71
Total cost (%)
4.414.41
Total cost (EUR)sort descendingTotal cost (USD)sort descending
6.178.81
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.992.84
Exchange rate margin (%)
3.41
Percentage difference between market reference rate 455.70 and exchange rate charged 440.163.41
Total cost (%)
4.834.83
Total cost (EUR)sort descendingTotal cost (USD)sort descending
6.769.66
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
5.007.14
Exchange rate margin (%)
3.03
Percentage difference between market reference rate 455.70 and exchange rate charged 441.893.03
Total cost (%)
6.606.60
Total cost (EUR)sort descendingTotal cost (USD)sort descending
9.2413.20
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 (%)
3.70
Percentage difference between market reference rate 455.70 and exchange rate charged 438.823.70
Total cost (%)
7.277.27
Total cost (EUR)sort descendingTotal cost (USD)sort descending
10.1814.54
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
7.0010.00
Exchange rate margin (%)
3.35
Percentage difference between market reference rate 455.70 and exchange rate charged 440.423.35
Total cost (%)
8.358.35
Total cost (EUR)sort descendingTotal cost (USD)sort descending
11.6916.70
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 (%)
2.42
Percentage difference between market reference rate 455.70 and exchange rate charged 444.662.42
Total cost (%)
8.858.85
Total cost (EUR)sort descendingTotal cost (USD)sort descending
12.3917.70
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
5.908.43
Exchange rate margin (%)
4.96
Percentage difference between market reference rate 455.70 and exchange rate charged 433.104.96
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
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
4.907.00
Exchange rate margin (%)
6.97
Percentage difference between market reference rate 455.70 and exchange rate charged 423.936.97
Total cost (%)
10.4710.47
Total cost (EUR)sort descendingTotal cost (USD)sort descending
14.6620.94
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 (%)
2.89
Percentage difference between market reference rate 455.70 and exchange rate charged 442.512.89
Total cost (%)
11.3911.39
Total cost (EUR)sort descendingTotal cost (USD)sort descending
15.9522.79
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 (%)
5.92
Percentage difference between market reference rate 455.70 and exchange rate charged 428.745.92
Total cost (%)
12.3412.34
Total cost (EUR)sort descendingTotal cost (USD)sort descending
17.2824.69
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 (%)
9.80
Percentage difference between market reference rate 455.70 and exchange rate charged 411.069.80
Total cost (%)
13.3713.37
Total cost (EUR)sort descendingTotal cost (USD)sort descending
18.7226.74
Total Average Third Quarter
6.376.37
Total Average Second Quarter
7.507.50
Total Average
Fee
4.466.37
Exchange Rate Margin (%)
3.193.19
Total Cost Percent (%)
6.376.37
Total Cost (EUR) Total Cost (USD)
8.9212.74
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
Medium
Fee
1.992.88
Exchange rate margin (%)
-1.71
Percentage difference between market reference rate 455.70 and exchange rate charged 463.51-1.71
Total cost (%)
-1.14-1.14
Total cost (EUR)sort descendingTotal cost (USD)sort descending
-3.93-5.70
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
3.004.35
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
0.870.87
Total cost (EUR)sort descendingTotal cost (USD)sort descending
3.004.35
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 (%)
1.53
Percentage difference between market reference rate 455.70 and exchange rate charged 448.731.53
Total cost (%)
2.302.30
Total cost (EUR)sort descendingTotal cost (USD)sort descending
7.9411.51
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 (%)
2.42
Percentage difference between market reference rate 455.70 and exchange rate charged 444.662.42
Total cost (%)
2.422.42
Total cost (EUR)sort descendingTotal cost (USD)sort descending
8.3512.10
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 (%)
1.58
Percentage difference between market reference rate 455.70 and exchange rate charged 448.491.58
Total cost (%)
2.452.45
Total cost (EUR)sort descendingTotal cost (USD)sort descending
8.4512.25
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 (%)
1.53
Percentage difference between market reference rate 455.70 and exchange rate charged 448.731.53
Total cost (%)
2.712.71
Total cost (EUR)sort descendingTotal cost (USD)sort descending
9.3513.55
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
5.007.25
Exchange rate margin (%)
1.89
Percentage difference between market reference rate 455.70 and exchange rate charged 447.101.89
Total cost (%)
3.343.34
Total cost (EUR)sort descendingTotal cost (USD)sort descending
11.5216.70
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.991.43
Exchange rate margin (%)
3.71
Percentage difference between market reference rate 455.70 and exchange rate charged 438.813.71
Total cost (%)
3.993.99
Total cost (EUR)sort descendingTotal cost (USD)sort descending
13.7719.96
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.992.88
Exchange rate margin (%)
3.41
Percentage difference between market reference rate 455.70 and exchange rate charged 440.163.41
Total cost (%)
3.993.99
Total cost (EUR)sort descendingTotal cost (USD)sort descending
13.7719.96
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 (%)
3.70
Percentage difference between market reference rate 455.70 and exchange rate charged 438.823.70
Total cost (%)
5.155.15
Total cost (EUR)sort descendingTotal cost (USD)sort descending
17.7725.75
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
8.0011.59
Exchange rate margin (%)
3.03
Percentage difference between market reference rate 455.70 and exchange rate charged 441.893.03
Total cost (%)
5.355.35
Total cost (EUR)sort descendingTotal cost (USD)sort descending
18.4626.75
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
9.0013.04
Exchange rate margin (%)
3.35
Percentage difference between market reference rate 455.70 and exchange rate charged 440.423.35
Total cost (%)
5.965.96
Total cost (EUR)sort descendingTotal cost (USD)sort descending
20.5629.80
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 (%)
2.89
Percentage difference between market reference rate 455.70 and exchange rate charged 442.512.89
Total cost (%)
6.346.34
Total cost (EUR)sort descendingTotal cost (USD)sort descending
21.8731.70
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 (%)
2.42
Percentage difference between market reference rate 455.70 and exchange rate charged 444.662.42
Total cost (%)
6.776.77
Total cost (EUR)sort descendingTotal cost (USD)sort descending
23.3633.86
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 (%)
6.97
Percentage difference between market reference rate 455.70 and exchange rate charged 423.936.97
Total cost (%)
8.398.39
Total cost (EUR)sort descendingTotal cost (USD)sort descending
28.9541.96
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 (%)
4.96
Percentage difference between market reference rate 455.70 and exchange rate charged 433.104.96
Total cost (%)
8.418.41
Total cost (EUR)sort descendingTotal cost (USD)sort descending
29.0142.04
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 (%)
5.92
Percentage difference between market reference rate 455.70 and exchange rate charged 428.745.92
Total cost (%)
10.2610.26
Total cost (EUR)sort descendingTotal cost (USD)sort descending
35.4051.30
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 (%)
9.80
Percentage difference between market reference rate 455.70 and exchange rate charged 411.069.80
Total cost (%)
11.2411.24
Total cost (EUR)sort descendingTotal cost (USD)sort descending
38.7856.20
Total Average Third Quarter
4.934.93
Total Average Second Quarter
5.985.98
Total Average
Fee
6.028.73
Exchange Rate Margin (%)
3.193.19
Total Cost Percent (%)
4.934.93
Total Cost (EUR) Total Cost (USD)
17.0224.67
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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