Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From GBUnited Kingdom you can also send money to
Transfer money

Sending money from UNITED KINGDOM to GHANA

Data collected on: May 12, 2020
GBP | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (GBP)Total cost (USD)
Firm
Wave
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
2.22
Percentage difference between market reference rate 7.09 and exchange rate charged 6.932.22
Total cost (%)
2.222.22
Total cost (GBP)Total cost (USD)
2.664.43
Firm
Azimo
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.994.98
Exchange rate margin (%)
6.51
Percentage difference between market reference rate 7.09 and exchange rate charged 6.636.51
Total cost (%)
9.009.00
Total cost (GBP)Total cost (USD)
10.8018.00
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
8.9014.83
Exchange rate margin (%)
3.54
Percentage difference between market reference rate 7.09 and exchange rate charged 6.843.54
Total cost (%)
10.9510.95
Total cost (GBP)Total cost (USD)
13.1421.90
Firm
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Transfer speed
Receiving method
Bank branch
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
3.19
Percentage difference between market reference rate 7.09 and exchange rate charged 6.863.19
Total cost (%)
3.193.19
Total cost (GBP)Total cost (USD)
3.836.38
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.903.17
Exchange rate margin (%)
6.06
Percentage difference between market reference rate 7.09 and exchange rate charged 6.666.06
Total cost (%)
7.647.64
Total cost (GBP)Total cost (USD)
9.1715.28
Firm
Ghana International Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
3.35
Percentage difference between market reference rate 7.09 and exchange rate charged 6.853.35
Total cost (%)
3.353.35
Total cost (GBP)Total cost (USD)
4.026.70
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.904.83
Exchange rate margin (%)
6.55
Percentage difference between market reference rate 7.09 and exchange rate charged 6.626.55
Total cost (%)
8.968.96
Total cost (GBP)Total cost (USD)
10.7517.92
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
7.9913.32
Exchange rate margin (%)
4.50
Percentage difference between market reference rate 7.09 and exchange rate charged 6.774.50
Total cost (%)
11.1611.16
Total cost (GBP)Total cost (USD)
13.3922.32
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
3.996.65
Exchange rate margin (%)
1.87
Percentage difference between market reference rate 7.09 and exchange rate charged 6.961.87
Total cost (%)
5.195.19
Total cost (GBP)Total cost (USD)
6.2310.38
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
3.996.65
Exchange rate margin (%)
3.72
Percentage difference between market reference rate 7.09 and exchange rate charged 6.823.72
Total cost (%)
7.057.05
Total cost (GBP)Total cost (USD)
8.4614.10
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.991.65
Exchange rate margin (%)
1.87
Percentage difference between market reference rate 7.09 and exchange rate charged 6.961.87
Total cost (%)
2.692.69
Total cost (GBP)Total cost (USD)
3.235.38
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
4.507.50
Exchange rate margin (%)
3.63
Percentage difference between market reference rate 7.09 and exchange rate charged 6.833.63
Total cost (%)
7.387.38
Total cost (GBP)Total cost (USD)
8.8614.77
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
3.005.00
Exchange rate margin (%)
2.71
Percentage difference between market reference rate 7.09 and exchange rate charged 6.902.71
Total cost (%)
5.215.21
Total cost (GBP)Total cost (USD)
6.2510.42
Firm
Small World
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.993.32
Exchange rate margin (%)
0.01
Percentage difference between market reference rate 7.09 and exchange rate charged 7.090.01
Total cost (%)
1.671.67
Total cost (GBP)Total cost (USD)
2.003.33
Firm
TapTap Send
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
2.08
Percentage difference between market reference rate 7.09 and exchange rate charged 6.942.08
Total cost (%)
2.082.08
Total cost (GBP)Total cost (USD)
2.504.17
Firm
Unity Link
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.904.83
Exchange rate margin (%)
2.45
Percentage difference between market reference rate 7.09 and exchange rate charged 6.912.45
Total cost (%)
4.864.86
Total cost (GBP)Total cost (USD)
5.839.72
Total Average Second Quarter
5.795.79
Total Average First Quarter
6.026.02
Total Average
Fee
2.884.80
Exchange Rate Margin (%)
3.393.39
Total Cost Percent (%)
5.795.79
Total Cost (GBP) Total Cost (USD)
6.9511.58
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day 3-5 days
Cash Mobile wallet Own/partner bank account
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Feesort descending
Exchange rate margin (%)
Total cost (%)
Total cost (GBP)Total cost (USD)
Firm
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Transfer speed
Receiving method
Bank branch
Disbursing network coverage
High
Feesort descending
N/AN/A
Exchange rate margin (%)
N/A
not availableN/A
Total cost (%)
N/AN/A
Total cost (GBP)Total cost (USD)
N/AN/A
Firm
TapTap Send
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Feesort descending
0.000.00
Exchange rate margin (%)
2.08
Percentage difference between market reference rate 7.09 and exchange rate charged 6.942.08
Total cost (%)
2.082.08
Total cost (GBP)Total cost (USD)
6.2410.40
Firm
Wave
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Feesort descending
0.000.00
Exchange rate margin (%)
2.22
Percentage difference between market reference rate 7.09 and exchange rate charged 6.932.22
Total cost (%)
2.222.22
Total cost (GBP)Total cost (USD)
6.6611.10
Firm
Ghana International Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Feesort descending
0.000.00
Exchange rate margin (%)
3.35
Percentage difference between market reference rate 7.09 and exchange rate charged 6.853.35
Total cost (%)
3.353.35
Total cost (GBP)Total cost (USD)
10.0516.75
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Feesort descending
0.991.65
Exchange rate margin (%)
1.87
Percentage difference between market reference rate 7.09 and exchange rate charged 6.961.87
Total cost (%)
2.202.20
Total cost (GBP)Total cost (USD)
6.6011.00
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Feesort descending
1.903.17
Exchange rate margin (%)
6.06
Percentage difference between market reference rate 7.09 and exchange rate charged 6.666.06
Total cost (%)
6.696.69
Total cost (GBP)Total cost (USD)
20.0733.45
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Feesort descending
2.904.83
Exchange rate margin (%)
6.55
Percentage difference between market reference rate 7.09 and exchange rate charged 6.626.55
Total cost (%)
7.517.51
Total cost (GBP)Total cost (USD)
22.5337.55
Firm
Small World
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Feesort descending
2.994.98
Exchange rate margin (%)
0.01
Percentage difference between market reference rate 7.09 and exchange rate charged 7.090.01
Total cost (%)
1.011.01
Total cost (GBP)Total cost (USD)
3.035.05
Firm
Azimo
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Feesort descending
2.994.98
Exchange rate margin (%)
6.51
Percentage difference between market reference rate 7.09 and exchange rate charged 6.636.51
Total cost (%)
7.517.51
Total cost (GBP)Total cost (USD)
22.5337.55
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Feesort descending
3.996.65
Exchange rate margin (%)
3.72
Percentage difference between market reference rate 7.09 and exchange rate charged 6.823.72
Total cost (%)
5.055.05
Total cost (GBP)Total cost (USD)
15.1525.25
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Feesort descending
4.006.67
Exchange rate margin (%)
2.71
Percentage difference between market reference rate 7.09 and exchange rate charged 6.902.71
Total cost (%)
4.054.05
Total cost (GBP)Total cost (USD)
12.1520.25
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Feesort descending
4.998.32
Exchange rate margin (%)
1.87
Percentage difference between market reference rate 7.09 and exchange rate charged 6.961.87
Total cost (%)
3.533.53
Total cost (GBP)Total cost (USD)
10.5917.65
Firm
Unity Link
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Feesort descending
5.909.83
Exchange rate margin (%)
2.45
Percentage difference between market reference rate 7.09 and exchange rate charged 6.912.45
Total cost (%)
4.414.41
Total cost (GBP)Total cost (USD)
13.2322.05
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Feesort descending
7.9913.32
Exchange rate margin (%)
4.50
Percentage difference between market reference rate 7.09 and exchange rate charged 6.774.50
Total cost (%)
7.177.17
Total cost (GBP)Total cost (USD)
21.5135.85
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Feesort descending
8.9014.83
Exchange rate margin (%)
12.02
Percentage difference between market reference rate 7.09 and exchange rate charged 6.2412.02
Total cost (%)
14.9814.98
Total cost (GBP)Total cost (USD)
44.9474.90
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Feesort descending
11.0018.33
Exchange rate margin (%)
3.63
Percentage difference between market reference rate 7.09 and exchange rate charged 6.833.63
Total cost (%)
7.307.30
Total cost (GBP)Total cost (USD)
21.9036.50
Total Average Second Quarter
5.275.27
Total Average First Quarter
4.214.21
Total Average
Fee
3.906.50
Exchange Rate Margin (%)
3.973.97
Total Cost Percent (%)
5.275.27
Total Cost (GBP) Total Cost (USD)
15.8126.35
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day 3-5 days
Cash Mobile wallet Own/partner bank account
Least Costly Corridors To Ghana
Least Costly Corridors From United Kingdom
      © 2015 The World Bank Group, All Rights Reserved