Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From GBUnited Kingdom you can also send money to

Sending money from UNITED KINGDOM to ERITREA

Data collected on: Oct 30, 2020
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)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.
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
3.996.65
4.12
Percentage difference between market reference rate 19.39 and exchange rate charged 18.59
4.12
7.457.45
8.9414.90
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.0010.00
2.52
Percentage difference between market reference rate 1.29 and exchange rate charged 1.26
2.52
7.527.52
9.0215.03
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Low
2.904.83
5.31
Percentage difference between market reference rate 19.39 and exchange rate charged 18.36
5.31
7.727.72
9.2615.43
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
8.0013.33
1.90
Percentage difference between market reference rate 19.39 and exchange rate charged 19.02
1.90
8.578.57
10.2817.13
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
11.9919.98
0.53
Percentage difference between market reference rate 1.29 and exchange rate charged 1.29
0.53
10.5210.52
12.6221.03
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
4.908.17
7.84
Percentage difference between market reference rate 19.39 and exchange rate charged 17.87
7.84
11.9211.92
14.3023.83
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
9.9016.50
6.74
Percentage difference between market reference rate 19.39 and exchange rate charged 18.08
6.74
14.9914.99
17.9929.98
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
15.0025.00
4.12
Percentage difference between market reference rate 19.39 and exchange rate charged 18.59
4.12
16.6216.62
19.9433.23
Total Average Fourth Quarter 2020
10.6610.66
Total Average Third Quarter 2020
11.0911.09
Total Average
Fee
7.8413.06
Exchange Rate Margin (%)
4.144.14
Total Cost Percent (%)
10.6610.66
Total Cost (GBP) Total Cost (USD)
12.7921.32
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
11.9919.98
0.53
Percentage difference between market reference rate 1.29 and exchange rate charged 1.29
0.53
4.524.52
13.5622.60
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
8.0013.33
1.90
Percentage difference between market reference rate 19.39 and exchange rate charged 19.02
1.90
4.574.57
13.7122.85
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
3.996.65
4.12
Percentage difference between market reference rate 19.39 and exchange rate charged 18.59
4.12
5.455.45
16.3527.25
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Low
2.904.83
5.31
Percentage difference between market reference rate 19.39 and exchange rate charged 18.36
5.31
6.276.27
18.8131.35
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.0025.00
2.52
Percentage difference between market reference rate 1.29 and exchange rate charged 1.26
2.52
7.527.52
22.5637.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
15.0025.00
4.12
Percentage difference between market reference rate 19.39 and exchange rate charged 18.59
4.12
9.129.12
27.3645.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
4.908.17
7.84
Percentage difference between market reference rate 19.39 and exchange rate charged 17.87
7.84
9.479.47
28.4147.35
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
19.9033.17
6.74
Percentage difference between market reference rate 19.39 and exchange rate charged 18.08
6.74
13.3713.37
40.1166.85
Total Average Fourth Quarter 2020
7.547.54
Total Average Third Quarter 2020
7.967.96
Total Average
Fee
10.2117.02
Exchange Rate Margin (%)
4.144.14
Total Cost Percent (%)
7.547.54
Total Cost (GBP) Total Cost (USD)
22.6137.68
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day
Bank account Cash