Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From SESweden you can also send money to

Sending money from SWEDEN to SOMALIA

Data collected on: Mar 26, 2021
SEK | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (SEK)sort descendingTotal cost (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
6.03
Percentage difference between market reference rate 0.12 and exchange rate charged 0.11
6.03
6.036.03
102.5112.06
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
19.002.24
4.91
Percentage difference between market reference rate 0.12 and exchange rate charged 0.11
4.91
6.036.03
102.5112.06
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.501.00
6.03
Percentage difference between market reference rate 0.12 and exchange rate charged 0.11
6.03
6.536.53
111.0113.06
Taaj Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
65.007.65
10.10
Percentage difference between market reference rate 0.12 and exchange rate charged 0.10
10.10
13.9213.92
236.6427.84
Amal Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
65.007.65
10.10
Percentage difference between market reference rate 0.12 and exchange rate charged 0.10
10.10
13.9213.92
236.6427.84
Iftin Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
Medium
65.007.65
10.53
Percentage difference between market reference rate 0.12 and exchange rate charged 0.10
10.53
14.3514.35
243.9528.70
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
65.007.65
10.96
Percentage difference between market reference rate 0.12 and exchange rate charged 0.10
10.96
14.7814.78
251.2629.56
Total Average First Quarter
10.7910.79
Total Average Fourth Quarter 2020
10.7610.76
Total Average
Fee
41.074.83
Exchange Rate Margin (%)
8.388.38
Total Cost Percent (%)
10.7910.79
Total Cost (SEK) Total Cost (USD)
183.5021.59
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day
Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
19.002.21
4.91
Percentage difference between market reference rate 0.12 and exchange rate charged 0.11
4.91
5.355.35
230.0526.75
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
6.03
Percentage difference between market reference rate 0.12 and exchange rate charged 0.11
6.03
6.036.03
259.2930.15
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
21.502.50
6.03
Percentage difference between market reference rate 0.12 and exchange rate charged 0.11
6.03
6.536.53
280.7932.65
Taaj Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
174.0020.23
10.10
Percentage difference between market reference rate 0.12 and exchange rate charged 0.10
10.10
14.1414.14
608.0270.70
Amal Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
174.0020.23
10.10
Percentage difference between market reference rate 0.12 and exchange rate charged 0.10
10.10
14.1414.14
608.0270.70
Iftin Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
Medium
174.0020.23
10.53
Percentage difference between market reference rate 0.12 and exchange rate charged 0.10
10.53
14.5814.58
626.9472.90
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
174.0020.23
10.96
Percentage difference between market reference rate 0.12 and exchange rate charged 0.10
10.96
15.0115.01
645.4375.05
Total Average First Quarter
10.8310.83
Total Average Fourth Quarter 2020
10.6610.66
Total Average
Fee
105.2112.23
Exchange Rate Margin (%)
8.388.38
Total Cost Percent (%)
10.8310.83
Total Cost (SEK) Total Cost (USD)
465.5154.13
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day
Cash Mobile wallet