Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From USUnited States you can also send money to

Sending money from UNITED STATES to ERITREA

Data collected on: Mar 25, 2021
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 (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
4.994.99
0.00
Percentage difference between market reference rate 15.00 and exchange rate charged 15.00
0.00
2.502.50
5.005.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
4.994.99
0.00
Percentage difference between market reference rate 15.00 and exchange rate charged 15.00
0.00
2.502.50
5.005.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
7.007.00
0.00
Percentage difference between market reference rate 15.00 and exchange rate charged 15.00
0.00
3.503.50
7.007.00
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
Low
8.008.00
0.00
Percentage difference between market reference rate 15.00 and exchange rate charged 15.00
0.00
4.004.00
8.008.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Low
9.009.00
0.00
Percentage difference between market reference rate 15.00 and exchange rate charged 15.00
0.00
4.504.50
9.009.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
9.999.99
0.00
Percentage difference between market reference rate 15.00 and exchange rate charged 15.00
0.00
5.005.00
10.0010.00
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
8.008.00
1.50
Percentage difference between market reference rate 15.00 and exchange rate charged 14.78
1.50
5.505.50
11.0011.00
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Low
4.994.99
3.57
Percentage difference between market reference rate 15.00 and exchange rate charged 14.46
3.57
6.066.06
12.1212.12
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Low
5.995.99
3.57
Percentage difference between market reference rate 15.00 and exchange rate charged 14.46
3.57
6.566.56
13.1213.12
Total Average First Quarter
4.464.46
Total Average Fourth Quarter 2020
4.294.29
Total Average
Fee
6.996.99
Exchange Rate Margin (%)
0.960.96
Total Cost Percent (%)
4.464.46
Total Cost (USD) Total Cost (USD)
8.928.92
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour 3-5 days
Cash
Payment instrument
Access point
Sending network coverage
Receiving method
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
4.994.99
0.00
Percentage difference between market reference rate 15.00 and exchange rate charged 15.00
0.00
1.001.00
5.005.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
7.007.00
0.00
Percentage difference between market reference rate 15.00 and exchange rate charged 15.00
0.00
1.401.40
7.007.00
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
Low
8.008.00
0.00
Percentage difference between market reference rate 15.00 and exchange rate charged 15.00
0.00
1.601.60
8.008.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
9.999.99
0.00
Percentage difference between market reference rate 15.00 and exchange rate charged 15.00
0.00
2.002.00
10.0010.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
9.999.99
0.00
Percentage difference between market reference rate 15.00 and exchange rate charged 15.00
0.00
2.002.00
10.0010.00
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
8.008.00
1.50
Percentage difference between market reference rate 15.00 and exchange rate charged 14.78
1.50
3.103.10
15.5015.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Low
16.0016.00
0.00
Percentage difference between market reference rate 15.00 and exchange rate charged 15.00
0.00
3.203.20
16.0016.00
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Low
4.994.99
3.57
Percentage difference between market reference rate 15.00 and exchange rate charged 14.46
3.57
4.574.57
22.8522.85
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Low
10.4910.49
3.57
Percentage difference between market reference rate 15.00 and exchange rate charged 14.46
3.57
5.675.67
28.3528.35
Total Average First Quarter
2.732.73
Total Average Fourth Quarter 2020
2.702.70
Total Average
Fee
8.838.83
Exchange Rate Margin (%)
0.960.96
Total Cost Percent (%)
2.732.73
Total Cost (USD) Total Cost (USD)
13.6313.63
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour 3-5 days
Cash