Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From GBUnited Kingdom you can also send money to

Sending money from UNITED KINGDOM to GHANA

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.
Unity Link
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
-0.39
Percentage difference between market reference rate 7.90 and exchange rate charged 7.93
-0.39
-0.39-0.39
-0.47-0.78
TapTap Send
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.96
Percentage difference between market reference rate 7.90 and exchange rate charged 7.82
0.96
0.960.96
1.151.92
Wave
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
1.22
Percentage difference between market reference rate 7.90 and exchange rate charged 7.80
1.22
1.221.22
1.462.43
Sendwave
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.22
Percentage difference between market reference rate 7.90 and exchange rate charged 7.80
1.22
1.221.22
1.462.43
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.993.32
-0.39
Percentage difference between market reference rate 7.90 and exchange rate charged 7.93
-0.39
1.271.27
1.522.53
Rewire
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.53
Percentage difference between market reference rate 7.90 and exchange rate charged 7.78
1.53
1.531.53
1.843.07
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.65
1.05
Percentage difference between market reference rate 7.90 and exchange rate charged 7.81
1.05
1.871.87
2.243.73
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.005.00
-0.20
Percentage difference between market reference rate 7.90 and exchange rate charged 7.91
-0.20
2.302.30
2.764.60
ACE Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.003.33
0.77
Percentage difference between market reference rate 7.90 and exchange rate charged 7.84
0.77
2.432.43
2.924.87
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.903.17
1.63
Percentage difference between market reference rate 7.90 and exchange rate charged 7.77
1.63
3.223.22
3.866.43
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
1.40
Percentage difference between market reference rate 7.90 and exchange rate charged 7.79
1.40
4.734.73
5.689.47
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.993.32
3.19
Percentage difference between market reference rate 7.90 and exchange rate charged 7.64
3.19
4.854.85
5.829.70
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
2.97
Percentage difference between market reference rate 7.90 and exchange rate charged 7.66
2.97
5.475.47
6.5610.93
ATL Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.606.00
2.48
Percentage difference between market reference rate 7.90 and exchange rate charged 7.70
2.48
5.485.48
6.5810.97
CashMinute
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.003.33
3.88
Percentage difference between market reference rate 7.90 and exchange rate charged 7.59
3.88
5.545.54
6.6511.08
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.98
3.48
Percentage difference between market reference rate 7.90 and exchange rate charged 7.62
3.48
5.975.97
7.1611.93
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.903.17
4.83
Percentage difference between market reference rate 7.90 and exchange rate charged 7.51
4.83
6.416.41
7.6912.82
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.9913.32
0.20
Percentage difference between market reference rate 7.90 and exchange rate charged 7.88
0.20
6.866.86
8.2313.72
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.904.83
4.84
Percentage difference between market reference rate 7.90 and exchange rate charged 7.51
4.84
7.267.26
8.7114.52
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.005.00
9.70
Percentage difference between market reference rate 7.90 and exchange rate charged 7.13
9.70
12.2012.20
14.6424.40
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending. &middot; BoG rate used here.
Ghana International Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
25.0041.67
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
20.8320.83
25.0041.67
Total Average First Quarter
4.024.02
Total Average Fourth Quarter 2020
5.325.32
Total Average
Fee
2.163.60
Exchange Rate Margin (%)
2.222.22
Total Cost Percent (%)
4.024.02
Total Cost (GBP) Total Cost (USD)
4.828.04
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day 3-5 days
Bank account Cash Mobile wallet Own/partner bank account
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
Unity Link
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
-0.39
Percentage difference between market reference rate 7.90 and exchange rate charged 7.93
-0.39
-0.39-0.39
-1.17-1.95
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.994.98
-0.39
Percentage difference between market reference rate 7.90 and exchange rate charged 7.93
-0.39
0.600.60
1.803.00
TapTap Send
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.96
Percentage difference between market reference rate 7.90 and exchange rate charged 7.82
0.96
0.960.96
2.884.80
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.006.67
-0.20
Percentage difference between market reference rate 7.90 and exchange rate charged 7.91
-0.20
1.131.13
3.395.65
Sendwave
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.22
Percentage difference between market reference rate 7.90 and exchange rate charged 7.80
1.22
1.221.22
3.666.10
Wave
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
1.22
Percentage difference between market reference rate 7.90 and exchange rate charged 7.80
1.22
1.221.22
3.666.10
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.65
1.05
Percentage difference between market reference rate 7.90 and exchange rate charged 7.81
1.05
1.381.38
4.146.90
Rewire
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.53
Percentage difference between market reference rate 7.90 and exchange rate charged 7.78
1.53
1.531.53
4.597.65
ACE Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.006.67
0.77
Percentage difference between market reference rate 7.90 and exchange rate charged 7.84
0.77
2.102.10
6.3010.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.903.17
1.63
Percentage difference between market reference rate 7.90 and exchange rate charged 7.77
1.63
2.272.27
6.8111.35
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
1.40
Percentage difference between market reference rate 7.90 and exchange rate charged 7.79
1.40
2.732.73
8.1913.65
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.9913.32
0.20
Percentage difference between market reference rate 7.90 and exchange rate charged 7.88
0.20
2.872.87
8.6114.35
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.993.32
3.19
Percentage difference between market reference rate 7.90 and exchange rate charged 7.64
3.19
3.863.86
11.5819.30
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.98
3.48
Percentage difference between market reference rate 7.90 and exchange rate charged 7.62
3.48
4.484.48
13.4422.40
CashMinute
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.006.67
3.88
Percentage difference between market reference rate 7.90 and exchange rate charged 7.59
3.88
5.215.21
15.6326.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.903.17
4.83
Percentage difference between market reference rate 7.90 and exchange rate charged 7.51
4.83
5.465.46
16.3827.30
ATL Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
9.0015.00
2.48
Percentage difference between market reference rate 7.90 and exchange rate charged 7.70
2.48
5.485.48
16.4427.40
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.904.83
4.84
Percentage difference between market reference rate 7.90 and exchange rate charged 7.51
4.84
5.815.81
17.4329.05
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.005.00
9.70
Percentage difference between market reference rate 7.90 and exchange rate charged 7.13
9.70
10.7010.70
32.1053.50
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending. &middot; BoG rate used here.
Ghana International Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
25.0041.67
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
8.338.33
24.9941.65
Total Average First Quarter
3.093.09
Total Average Fourth Quarter 2020
3.863.86
Total Average
Fee
2.724.53
Exchange Rate Margin (%)
2.182.18
Total Cost Percent (%)
3.093.09
Total Cost (GBP) Total Cost (USD)
9.2615.43
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day 3-5 days
Bank account Cash Mobile wallet Own/partner bank account