Remittance Prices Worldwide

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Sending money from UNITED KINGDOM to GAMBIA

Data collected on: Sep 11, 2019
GBP | USD
Payment instrument
Access point
Sending network coverage
Receiving method
YaYeh Instant Services
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.001.67
3.79
Percentage difference between market reference rate 62.36 and exchange rate charged 60.00
3.79
4.634.63
5.569.27
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
High
0.000.00
4.82
Percentage difference between market reference rate 62.36 and exchange rate charged 59.36
4.82
4.824.82
5.789.63
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
5.008.33
5.47
Percentage difference between market reference rate 62.36 and exchange rate charged 58.96
5.47
9.639.63
11.5619.27
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.404.00
7.69
Percentage difference between market reference rate 62.36 and exchange rate charged 57.57
7.69
9.699.69
11.6319.38
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.908.17
8.02
Percentage difference between market reference rate 62.36 and exchange rate charged 57.36
8.02
12.1112.11
14.5324.22
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.999.98
7.99
Percentage difference between market reference rate 62.36 and exchange rate charged 57.38
7.99
12.9912.99
15.5925.98
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
6.71
Percentage difference between market reference rate 62.36 and exchange rate charged 58.18
6.71
13.3813.38
16.0626.77
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
10.21
Percentage difference between market reference rate 62.36 and exchange rate charged 56.00
10.21
13.5313.53
16.2427.07
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.2012.00
7.77
Percentage difference between market reference rate 1.24 and exchange rate charged 1.14
7.77
13.7713.77
16.5227.53
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.904.83
12.69
Percentage difference between market reference rate 62.36 and exchange rate charged 54.45
12.69
15.1115.11
18.1330.22
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.904.83
12.69
Percentage difference between market reference rate 62.36 and exchange rate charged 54.45
12.69
15.1115.11
18.1330.22
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.994.98
14.36
Percentage difference between market reference rate 62.36 and exchange rate charged 53.41
14.36
16.8516.85
20.2233.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.9014.83
12.63
Percentage difference between market reference rate 62.36 and exchange rate charged 54.49
12.63
20.0420.04
24.0540.08
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
16.9028.17
9.95
Percentage difference between market reference rate 62.36 and exchange rate charged 56.16
9.95
24.0324.03
28.8448.07
Total Average Third Quarter
13.2613.26
Total Average Second Quarter
12.5812.58
Total Average
Fee
5.228.70
Exchange Rate Margin (%)
8.918.91
Total Cost Percent (%)
13.2613.26
Total Cost (GBP) Total Cost (USD)
15.9226.53
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
YaYeh Instant Services
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.001.67
3.79
Percentage difference between market reference rate 62.36 and exchange rate charged 60.00
3.79
4.134.13
12.3920.65
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
High
0.000.00
4.82
Percentage difference between market reference rate 62.36 and exchange rate charged 59.36
4.82
4.824.82
14.4624.10
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
10.0016.67
5.47
Percentage difference between market reference rate 62.36 and exchange rate charged 58.96
5.47
8.808.80
26.4044.00
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
6.71
Percentage difference between market reference rate 62.36 and exchange rate charged 58.18
6.71
9.389.38
28.1446.90
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.0010.00
7.69
Percentage difference between market reference rate 62.36 and exchange rate charged 57.57
7.69
9.699.69
29.0748.45
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
9.9016.50
8.02
Percentage difference between market reference rate 62.36 and exchange rate charged 57.36
8.02
11.3211.32
33.9656.60
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
9.9916.65
7.99
Percentage difference between market reference rate 62.36 and exchange rate charged 57.38
7.99
11.3211.32
33.9656.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
10.21
Percentage difference between market reference rate 62.36 and exchange rate charged 56.00
10.21
11.5411.54
34.6257.70
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
18.0030.00
7.77
Percentage difference between market reference rate 1.24 and exchange rate charged 1.14
7.77
13.7713.77
41.3168.85
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.908.17
12.69
Percentage difference between market reference rate 62.36 and exchange rate charged 54.45
12.69
14.3214.32
42.9671.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.908.17
12.69
Percentage difference between market reference rate 62.36 and exchange rate charged 54.45
12.69
14.3214.32
42.9671.60
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.994.98
14.36
Percentage difference between market reference rate 62.36 and exchange rate charged 53.41
14.36
15.3615.36
46.0876.80
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.9014.83
12.63
Percentage difference between market reference rate 62.36 and exchange rate charged 54.49
12.63
15.5915.59
46.7777.95
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
23.9039.83
9.95
Percentage difference between market reference rate 62.36 and exchange rate charged 56.16
9.95
17.9217.92
53.7689.60
Total Average Third Quarter
11.5911.59
Total Average Second Quarter
10.6610.66
Total Average
Fee
8.0313.39
Exchange Rate Margin (%)
8.918.91
Total Cost Percent (%)
11.5911.59
Total Cost (GBP) Total Cost (USD)
34.7757.96
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day
Bank account Cash Mobile wallet