Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From GBUnited Kingdom you can also send money to

Sending money from UNITED KINGDOM to GAMBIA

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)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.
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
High
3.005.00
2.68
Percentage difference between market reference rate 70.06 and exchange rate charged 68.19
2.68
5.185.18
6.2210.37
CashMinute
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.001.67
5.80
Percentage difference between market reference rate 70.06 and exchange rate charged 66.00
5.80
6.636.63
7.9613.27
ACE Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.993.32
5.73
Percentage difference between market reference rate 70.06 and exchange rate charged 66.05
5.73
7.387.38
8.8614.77
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.404.00
5.98
Percentage difference between market reference rate 70.06 and exchange rate charged 65.87
5.98
7.987.98
9.5815.97
YaYeh Instant Services
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.005.00
5.58
Percentage difference between market reference rate 70.06 and exchange rate charged 66.15
5.58
8.088.08
9.7016.17
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.2012.00
2.13
Percentage difference between market reference rate 1.38 and exchange rate charged 1.35
2.13
8.138.13
9.7616.27
ATL Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.808.00
4.66
Percentage difference between market reference rate 70.06 and exchange rate charged 66.80
4.66
8.668.66
10.3917.32
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.904.83
7.10
Percentage difference between market reference rate 70.06 and exchange rate charged 65.09
7.10
9.529.52
11.4219.03
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
5.509.17
6.53
Percentage difference between market reference rate 70.06 and exchange rate charged 65.49
6.53
11.1111.11
13.3322.22
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.999.98
6.20
Percentage difference between market reference rate 70.06 and exchange rate charged 65.72
6.20
11.1911.19
13.4322.38
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
5.00
Percentage difference between market reference rate 70.06 and exchange rate charged 66.56
5.00
11.6611.66
13.9923.32
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
8.67
Percentage difference between market reference rate 70.06 and exchange rate charged 63.99
8.67
11.9911.99
14.3923.98
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.908.17
10.68
Percentage difference between market reference rate 70.06 and exchange rate charged 62.58
10.68
14.7714.77
17.7229.53
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.994.98
15.33
Percentage difference between market reference rate 70.06 and exchange rate charged 59.32
15.33
17.8217.82
21.3835.63
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.9014.83
11.82
Percentage difference between market reference rate 70.06 and exchange rate charged 61.78
11.82
19.2319.23
23.0838.47
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
16.9028.17
5.75
Percentage difference between market reference rate 70.06 and exchange rate charged 66.04
5.75
19.8319.83
23.8039.67
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.9016.50
11.82
Percentage difference between market reference rate 70.06 and exchange rate charged 61.78
11.82
20.0720.07
24.0840.13
Total Average First Quarter
11.7211.72
Total Average Fourth Quarter 2020
8.828.82
Total Average
Fee
5.499.15
Exchange Rate Margin (%)
7.147.14
Total Cost Percent (%)
11.7211.72
Total Cost (GBP) Total Cost (USD)
14.0623.44
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
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
High
N/AN/A
N/A
not available
N/A
N/AN/A
N/AN/A
CashMinute
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.001.67
5.80
Percentage difference between market reference rate 70.06 and exchange rate charged 66.00
5.80
6.136.13
18.3930.65
ACE Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.993.32
5.73
Percentage difference between market reference rate 70.06 and exchange rate charged 66.05
5.73
6.396.39
19.1731.95
YaYeh Instant Services
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.005.00
5.58
Percentage difference between market reference rate 70.06 and exchange rate charged 66.15
5.58
6.586.58
19.7432.90
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
5.00
Percentage difference between market reference rate 70.06 and exchange rate charged 66.56
5.00
7.667.66
22.9838.30
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.0010.00
5.98
Percentage difference between market reference rate 70.06 and exchange rate charged 65.87
5.98
7.987.98
23.9439.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.904.83
7.10
Percentage difference between market reference rate 70.06 and exchange rate charged 65.09
7.10
8.078.07
24.2140.35
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
18.0030.00
2.13
Percentage difference between market reference rate 1.38 and exchange rate charged 1.35
2.13
8.138.13
24.3940.65
ATL Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
12.0020.00
4.66
Percentage difference between market reference rate 70.06 and exchange rate charged 66.80
4.66
8.668.66
25.9843.30
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
9.9916.65
6.20
Percentage difference between market reference rate 70.06 and exchange rate charged 65.72
6.20
9.539.53
28.5947.65
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
8.67
Percentage difference between market reference rate 70.06 and exchange rate charged 63.99
8.67
10.0010.00
30.0050.00
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
10.5017.50
6.53
Percentage difference between market reference rate 70.06 and exchange rate charged 65.49
6.53
10.0310.03
30.0950.15
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.908.17
10.68
Percentage difference between market reference rate 70.06 and exchange rate charged 62.58
10.68
12.3212.32
36.9661.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
23.9039.83
5.75
Percentage difference between market reference rate 70.06 and exchange rate charged 66.04
5.75
13.7113.71
41.1368.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.9014.83
11.82
Percentage difference between market reference rate 70.06 and exchange rate charged 61.78
11.82
14.7814.78
44.3473.90
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.994.98
15.33
Percentage difference between market reference rate 70.06 and exchange rate charged 59.32
15.33
16.3316.33
48.9981.65
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
19.9033.17
11.82
Percentage difference between market reference rate 70.06 and exchange rate charged 61.78
11.82
18.4518.45
55.3592.25
Total Average First Quarter
10.3010.30
Total Average Fourth Quarter 2020
7.377.37
Total Average
Fee
8.6214.37
Exchange Rate Margin (%)
7.427.42
Total Cost Percent (%)
10.3010.30
Total Cost (GBP) Total Cost (USD)
30.8951.48
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day
Bank account Cash Mobile wallet