Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From GBUnited Kingdom you can also send money to

Sending money from UNITED KINGDOM to ETHIOPIA

Data collected on: Mar 23, 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.
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
0.17
Percentage difference between market reference rate 55.42 and exchange rate charged 55.33
0.17
6.846.84
8.2113.68
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.903.17
6.35
Percentage difference between market reference rate 1.38 and exchange rate charged 1.29
6.35
7.937.93
9.5215.87
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.010.02
1.60
Percentage difference between market reference rate 1.38 and exchange rate charged 1.35
1.60
1.611.61
1.933.22
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.65
0.09
Percentage difference between market reference rate 55.42 and exchange rate charged 55.37
0.09
0.920.92
1.101.83
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.010.02
1.60
Percentage difference between market reference rate 1.38 and exchange rate charged 1.35
1.60
1.611.61
1.933.22
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
11.9919.98
1.21
Percentage difference between market reference rate 1.38 and exchange rate charged 1.36
1.21
11.2011.20
13.4422.40
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.2012.00
1.94
Percentage difference between market reference rate 1.38 and exchange rate charged 1.35
1.94
7.947.94
9.5315.88
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.0025.00
3.52
Percentage difference between market reference rate 55.42 and exchange rate charged 53.47
3.52
16.0216.02
19.2232.03
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
3.67
Percentage difference between market reference rate 55.42 and exchange rate charged 53.39
3.67
7.007.00
8.4014.00
Total Average First Quarter
6.796.79
Total Average Fourth Quarter 2020
8.038.03
Total Average
Fee
5.459.09
Exchange Rate Margin (%)
2.242.24
Total Cost Percent (%)
6.796.79
Total Cost (GBP) Total Cost (USD)
8.1413.57
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day
Bank account 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
High
0.991.65
0.09
Percentage difference between market reference rate 55.42 and exchange rate charged 55.37
0.09
0.420.42
1.262.10
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.010.02
1.60
Percentage difference between market reference rate 1.38 and exchange rate charged 1.35
1.60
1.601.60
4.808.00
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.010.02
1.60
Percentage difference between market reference rate 1.38 and exchange rate charged 1.35
1.60
1.601.60
4.808.00
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
0.17
Percentage difference between market reference rate 55.42 and exchange rate charged 55.33
0.17
2.842.84
8.5214.20
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
3.67
Percentage difference between market reference rate 55.42 and exchange rate charged 53.39
3.67
5.005.00
15.0025.00
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
11.9919.98
1.21
Percentage difference between market reference rate 1.38 and exchange rate charged 1.36
1.21
5.215.21
15.6326.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.903.17
6.35
Percentage difference between market reference rate 1.38 and exchange rate charged 1.29
6.35
6.986.98
20.9434.90
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
18.0030.00
1.94
Percentage difference between market reference rate 1.38 and exchange rate charged 1.35
1.94
7.947.94
23.8239.70
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.0025.00
3.52
Percentage difference between market reference rate 55.42 and exchange rate charged 53.47
3.52
8.528.52
25.5642.60
Total Average First Quarter
4.464.46
Total Average Fourth Quarter 2020
5.545.54
Total Average
Fee
6.6511.09
Exchange Rate Margin (%)
2.242.24
Total Cost Percent (%)
4.464.46
Total Cost (GBP) Total Cost (USD)
13.3722.28
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day
Bank account Cash Mobile wallet