Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From GBUnited Kingdom you can also send money to

Sending money from UNITED KINGDOM to BANGLADESH

Data collected on: Mar 22, 2021
GBP | 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 (GBP)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Sonali Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Agent
High
2.003.33
-0.15
Percentage difference between market reference rate 117.33 and exchange rate charged 117.50
-0.15
1.521.52
1.823.03
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.993.32
0.81
Percentage difference between market reference rate 117.33 and exchange rate charged 116.38
0.81
2.472.47
2.964.93
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.903.17
5.44
Percentage difference between market reference rate 117.33 and exchange rate charged 110.95
5.44
7.027.02
8.4214.03
BFC Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
4.257.08
0.49
Percentage difference between market reference rate 117.33 and exchange rate charged 116.75
0.49
4.044.04
4.858.08
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.903.17
5.14
Percentage difference between market reference rate 117.33 and exchange rate charged 111.30
5.14
6.726.72
8.0613.43
IFIC Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
4.507.50
-1.59
Percentage difference between market reference rate 117.33 and exchange rate charged 119.20
-1.59
2.162.16
2.594.32
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.9013.17
-0.28
Percentage difference between market reference rate 117.33 and exchange rate charged 117.65
-0.28
6.316.31
7.5712.62
Lyca Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.504.17
0.49
Percentage difference between market reference rate 117.33 and exchange rate charged 116.75
0.49
2.582.58
3.105.17
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.993.32
2.52
Percentage difference between market reference rate 117.33 and exchange rate charged 114.38
2.52
4.184.18
5.028.37
Lyca Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.504.17
0.49
Percentage difference between market reference rate 117.33 and exchange rate charged 116.75
0.49
2.582.58
3.105.17
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.65
1.52
Percentage difference between market reference rate 117.33 and exchange rate charged 115.55
1.52
2.342.34
2.814.68
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.998.32
-0.16
Percentage difference between market reference rate 117.33 and exchange rate charged 117.52
-0.16
4.004.00
4.808.00
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
2.02
Percentage difference between market reference rate 117.33 and exchange rate charged 114.96
2.02
3.683.68
4.427.37
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
1.54
Percentage difference between market reference rate 117.33 and exchange rate charged 115.52
1.54
4.874.87
5.849.73
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.0010.00
0.28
Percentage difference between market reference rate 117.33 and exchange rate charged 117.00
0.28
5.285.28
6.3410.57
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.003.33
0.11
Percentage difference between market reference rate 117.33 and exchange rate charged 117.20
0.11
1.781.78
2.143.57
Sendwave
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.16
Percentage difference between market reference rate 117.33 and exchange rate charged 115.97
1.16
1.161.16
1.392.32
Total Average First Quarter
3.693.69
Total Average Fourth Quarter 2020
3.313.31
Total Average
Fee
3.025.04
Exchange Rate Margin (%)
1.171.17
Total Cost Percent (%)
3.693.69
Total Cost (GBP) Total Cost (USD)
4.437.38
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 3-5 days
Bank account Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
IFIC Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
5.008.33
-1.59
Percentage difference between market reference rate 117.33 and exchange rate charged 119.20
-1.59
0.070.07
0.210.35
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.9013.17
-0.28
Percentage difference between market reference rate 117.33 and exchange rate charged 117.65
-0.28
2.362.36
7.0811.80
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.998.32
-0.16
Percentage difference between market reference rate 117.33 and exchange rate charged 117.52
-0.16
1.501.50
4.507.50
Sonali Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Agent
High
4.437.38
-0.15
Percentage difference between market reference rate 117.33 and exchange rate charged 117.50
-0.15
1.331.33
3.996.65
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.003.33
0.11
Percentage difference between market reference rate 117.33 and exchange rate charged 117.20
0.11
0.780.78
2.343.90
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.0010.00
0.28
Percentage difference between market reference rate 117.33 and exchange rate charged 117.00
0.28
2.282.28
6.8411.40
BFC Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
5.258.75
0.49
Percentage difference between market reference rate 117.33 and exchange rate charged 116.75
0.49
2.242.24
6.7211.20
Lyca Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.504.17
0.49
Percentage difference between market reference rate 117.33 and exchange rate charged 116.75
0.49
1.331.33
3.996.65
Lyca Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.504.17
0.49
Percentage difference between market reference rate 117.33 and exchange rate charged 116.75
0.49
1.331.33
3.996.65
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.993.32
0.81
Percentage difference between market reference rate 117.33 and exchange rate charged 116.38
0.81
1.471.47
4.417.35
Sendwave
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.16
Percentage difference between market reference rate 117.33 and exchange rate charged 115.97
1.16
1.161.16
3.485.80
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.65
1.32
Percentage difference between market reference rate 117.33 and exchange rate charged 115.78
1.32
1.651.65
4.958.25
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
1.54
Percentage difference between market reference rate 117.33 and exchange rate charged 115.52
1.54
2.872.87
8.6114.35
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.993.32
1.82
Percentage difference between market reference rate 117.33 and exchange rate charged 115.20
1.82
2.482.48
7.4412.40
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
2.02
Percentage difference between market reference rate 117.33 and exchange rate charged 114.96
2.02
2.682.68
8.0413.40
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.903.17
5.14
Percentage difference between market reference rate 117.33 and exchange rate charged 111.30
5.14
5.775.77
17.3128.85
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.903.17
5.44
Percentage difference between market reference rate 117.33 and exchange rate charged 110.95
5.44
6.076.07
18.2130.35
Total Average First Quarter
2.202.20
Total Average Fourth Quarter 2020
1.971.97
Total Average
Fee
3.255.42
Exchange Rate Margin (%)
1.111.11
Total Cost Percent (%)
2.202.20
Total Cost (GBP) Total Cost (USD)
6.5910.99
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 3-5 days
Bank account Cash Mobile wallet