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: Oct 31, 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.
ACE Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.991.65
0.19
Percentage difference between market reference rate 64.42 and exchange rate charged 64.30
0.19
1.011.01
1.212.02
YaYeh Instant Services
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.001.67
0.26
Percentage difference between market reference rate 64.42 and exchange rate charged 64.25
0.26
1.101.10
1.322.20
CashMinute
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.001.67
0.26
Percentage difference between market reference rate 64.42 and exchange rate charged 64.25
0.26
1.101.10
1.322.20
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
High
5.409.00
-0.25
Percentage difference between market reference rate 64.42 and exchange rate charged 64.58
-0.25
4.254.25
5.108.50
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.404.00
2.50
Percentage difference between market reference rate 64.42 and exchange rate charged 62.81
2.50
4.504.50
5.409.00
ATL Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.808.00
1.43
Percentage difference between market reference rate 64.42 and exchange rate charged 63.50
1.43
5.435.43
6.5210.87
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
1.26
Percentage difference between market reference rate 64.42 and exchange rate charged 63.61
1.26
5.845.84
7.0111.68
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.904.83
4.81
Percentage difference between market reference rate 64.42 and exchange rate charged 61.32
4.81
7.237.23
8.6814.47
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
1.54
Percentage difference between market reference rate 64.42 and exchange rate charged 63.43
1.54
8.208.20
9.8416.40
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.2012.00
2.68
Percentage difference between market reference rate 1.29 and exchange rate charged 1.26
2.68
8.688.68
10.4217.37
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.999.98
4.30
Percentage difference between market reference rate 64.42 and exchange rate charged 61.65
4.30
9.299.29
11.1518.58
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
6.35
Percentage difference between market reference rate 64.42 and exchange rate charged 60.33
6.35
9.689.68
11.6219.37
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.908.17
8.42
Percentage difference between market reference rate 64.42 and exchange rate charged 59.00
8.42
12.5012.50
15.0025.00
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.994.98
12.92
Percentage difference between market reference rate 64.42 and exchange rate charged 56.09
12.92
15.4215.42
18.5030.83
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.9014.83
9.58
Percentage difference between market reference rate 64.42 and exchange rate charged 58.25
9.58
17.0017.00
20.4034.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.9016.50
9.66
Percentage difference between market reference rate 64.42 and exchange rate charged 58.20
9.66
17.9117.91
21.4935.82
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
16.9028.17
6.78
Percentage difference between market reference rate 64.42 and exchange rate charged 60.05
6.78
20.8720.87
25.0441.73
Total Average Fourth Quarter 2020
8.828.82
Total Average Third Quarter 2020
9.169.16
Total Average
Fee
5.469.09
Exchange Rate Margin (%)
4.284.28
Total Cost Percent (%)
8.828.82
Total Cost (GBP) Total Cost (USD)
10.5917.65
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
ACE Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.991.65
0.19
Percentage difference between market reference rate 64.42 and exchange rate charged 64.30
0.19
0.520.52
1.562.60
CashMinute
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.001.67
0.26
Percentage difference between market reference rate 64.42 and exchange rate charged 64.25
0.26
0.600.60
1.803.00
YaYeh Instant Services
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.001.67
0.26
Percentage difference between market reference rate 64.42 and exchange rate charged 64.25
0.26
0.600.60
1.803.00
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
1.54
Percentage difference between market reference rate 64.42 and exchange rate charged 63.43
1.54
4.204.20
12.6021.00
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.0010.00
2.50
Percentage difference between market reference rate 64.42 and exchange rate charged 62.81
2.50
4.504.50
13.5022.50
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
1.26
Percentage difference between market reference rate 64.42 and exchange rate charged 63.61
1.26
4.764.76
14.2823.80
ATL Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
12.0020.00
1.43
Percentage difference between market reference rate 64.42 and exchange rate charged 63.50
1.43
5.435.43
16.2927.15
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.904.83
4.81
Percentage difference between market reference rate 64.42 and exchange rate charged 61.32
4.81
5.785.78
17.3428.90
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
9.9916.65
4.30
Percentage difference between market reference rate 64.42 and exchange rate charged 61.65
4.30
7.637.63
22.8938.15
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
6.35
Percentage difference between market reference rate 64.42 and exchange rate charged 60.33
6.35
7.687.68
23.0438.40
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
18.0030.00
2.68
Percentage difference between market reference rate 1.29 and exchange rate charged 1.26
2.68
8.688.68
26.0443.40
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.908.17
8.42
Percentage difference between market reference rate 64.42 and exchange rate charged 59.00
8.42
10.0510.05
30.1550.25
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.9014.83
9.58
Percentage difference between market reference rate 64.42 and exchange rate charged 58.25
9.58
12.5512.55
37.6562.75
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.994.98
12.92
Percentage difference between market reference rate 64.42 and exchange rate charged 56.09
12.92
13.9213.92
41.7669.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
23.9039.83
6.78
Percentage difference between market reference rate 64.42 and exchange rate charged 60.05
6.78
14.7514.75
44.2573.75
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
19.9033.17
9.66
Percentage difference between market reference rate 64.42 and exchange rate charged 58.20
9.66
16.2916.29
48.8781.45
Total Average Fourth Quarter 2020
7.377.37
Total Average Third Quarter 2020
7.797.79
Total Average
Fee
8.4414.06
Exchange Rate Margin (%)
4.564.56
Total Cost Percent (%)
7.377.37
Total Cost (GBP) Total Cost (USD)
22.1136.86
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day
Bank account Cash Mobile wallet