Remittance Prices Worldwide

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Sending money from UNITED STATES to NEPAL

Data collected on: Nov 02, 2019
Payment instrument
Access point
Sending network coverage
Receiving method
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
8.008.00
4.06
Percentage difference between market reference rate 113.40 and exchange rate charged 108.80
4.06
8.068.06
16.1216.12
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
2.75
Percentage difference between market reference rate 113.40 and exchange rate charged 110.29
2.75
6.756.75
13.5013.50
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
11.0011.00
1.23
Percentage difference between market reference rate 113.40 and exchange rate charged 112.01
1.23
6.736.73
13.4613.46
Sigue Money Transfers
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.006.00
2.91
Percentage difference between market reference rate 113.40 and exchange rate charged 110.10
2.91
5.915.91
11.8211.82
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
1.73
Percentage difference between market reference rate 113.40 and exchange rate charged 111.44
1.73
5.735.73
11.4611.46
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.009.00
1.15
Percentage difference between market reference rate 113.40 and exchange rate charged 112.10
1.15
5.655.65
11.3011.30
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
7.007.00
1.15
Percentage difference between market reference rate 113.40 and exchange rate charged 112.10
1.15
4.654.65
9.309.30
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
1.87
Percentage difference between market reference rate 113.40 and exchange rate charged 111.29
1.87
4.364.36
8.728.72
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
1.87
Percentage difference between market reference rate 113.40 and exchange rate charged 111.29
1.87
4.364.36
8.728.72
Prabhu Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.005.00
1.24
Percentage difference between market reference rate 113.40 and exchange rate charged 112.00
1.24
3.743.74
7.487.48
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
1.23
Percentage difference between market reference rate 113.40 and exchange rate charged 112.01
1.23
3.723.72
7.447.44
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.995.99
0.63
Percentage difference between market reference rate 113.40 and exchange rate charged 112.68
0.63
3.633.63
7.267.26
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.992.99
2.10
Percentage difference between market reference rate 113.40 and exchange rate charged 111.02
2.10
3.603.60
7.207.20
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.992.99
2.10
Percentage difference between market reference rate 113.40 and exchange rate charged 111.02
2.10
3.603.60
7.207.20
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
3.003.00
1.15
Percentage difference between market reference rate 113.40 and exchange rate charged 112.10
1.15
2.652.65
5.305.30
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.991.99
1.23
Percentage difference between market reference rate 113.40 and exchange rate charged 112.01
1.23
2.222.22
4.444.44
Thamel Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
1.32
Percentage difference between market reference rate 113.40 and exchange rate charged 111.90
1.32
1.321.32
2.642.64
Muncha
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
1.32
Percentage difference between market reference rate 113.40 and exchange rate charged 111.90
1.32
1.321.32
2.642.64
Total Average Fourth Quarter 2019
4.334.33
Total Average Third Quarter 2019
5.395.39
Total Average
Fee
5.225.22
Exchange Rate Margin (%)
1.721.72
Total Cost Percent (%)
4.334.33
Total Cost (USD) Total Cost (USD)
8.678.67
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Thamel Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
1.32
Percentage difference between market reference rate 113.40 and exchange rate charged 111.90
1.32
1.321.32
6.606.60
Muncha
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
1.32
Percentage difference between market reference rate 113.40 and exchange rate charged 111.90
1.32
1.321.32
6.606.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.991.99
1.23
Percentage difference between market reference rate 113.40 and exchange rate charged 112.01
1.23
1.631.63
8.158.15
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
3.003.00
1.15
Percentage difference between market reference rate 113.40 and exchange rate charged 112.10
1.15
1.751.75
8.758.75
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
3.993.99
2.10
Percentage difference between market reference rate 113.40 and exchange rate charged 111.02
2.10
2.902.90
14.5014.50
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.993.99
2.10
Percentage difference between market reference rate 113.40 and exchange rate charged 111.02
2.10
2.902.90
14.5014.50
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.998.99
0.63
Percentage difference between market reference rate 113.40 and exchange rate charged 112.68
0.63
2.432.43
12.1512.15
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
9.999.99
1.23
Percentage difference between market reference rate 113.40 and exchange rate charged 112.01
1.23
3.233.23
16.1516.15
Prabhu Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.005.00
1.24
Percentage difference between market reference rate 113.40 and exchange rate charged 112.00
1.24
2.242.24
11.2011.20
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
1.87
Percentage difference between market reference rate 113.40 and exchange rate charged 111.29
1.87
2.862.86
14.3014.30
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.997.99
1.87
Percentage difference between market reference rate 113.40 and exchange rate charged 111.29
1.87
3.463.46
17.3017.30
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
7.007.00
1.15
Percentage difference between market reference rate 113.40 and exchange rate charged 112.10
1.15
2.552.55
12.7512.75
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.009.00
1.15
Percentage difference between market reference rate 113.40 and exchange rate charged 112.10
1.15
2.952.95
14.7514.75
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
1.73
Percentage difference between market reference rate 113.40 and exchange rate charged 111.44
1.73
3.333.33
16.6516.65
Sigue Money Transfers
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
2.91
Percentage difference between market reference rate 113.40 and exchange rate charged 110.10
2.91
4.514.51
22.5522.55
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
11.0011.00
1.23
Percentage difference between market reference rate 113.40 and exchange rate charged 112.01
1.23
3.433.43
17.1517.15
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
2.75
Percentage difference between market reference rate 113.40 and exchange rate charged 110.29
2.75
4.354.35
21.7521.75
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
8.008.00
4.06
Percentage difference between market reference rate 113.40 and exchange rate charged 108.80
4.06
5.665.66
28.3028.30
Total Average Fourth Quarter 2019
2.932.93
Total Average Third Quarter 2019
3.953.95
Total Average
Fee
6.056.05
Exchange Rate Margin (%)
1.721.72
Total Cost Percent (%)
2.932.93
Total Cost (USD) Total Cost (USD)
14.6714.67
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 3-5 days
Bank account Cash