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Transfer money

Sending money from UNITED KINGDOM to JAMAICA

Data collected on: Oct 31, 2019
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)sort descendingTotal cost (USD)sort descending
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 (%)
-0.38
Percentage difference between market reference rate 178.06 and exchange rate charged 178.74-0.38
Total cost (%)
2.112.11
Total cost (GBP)sort descendingTotal cost (USD)sort descending
2.534.22
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
5.999.98
Exchange rate margin (%)
3.48
Percentage difference between market reference rate 178.06 and exchange rate charged 171.863.48
Total cost (%)
8.488.48
Total cost (GBP)sort descendingTotal cost (USD)sort descending
10.1816.97
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
8.0013.33
Exchange rate margin (%)
2.07
Percentage difference between market reference rate 178.06 and exchange rate charged 174.382.07
Total cost (%)
8.748.74
Total cost (GBP)sort descendingTotal cost (USD)sort descending
10.4917.48
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
7.9913.32
Exchange rate margin (%)
2.37
Percentage difference between market reference rate 178.06 and exchange rate charged 173.842.37
Total cost (%)
9.039.03
Total cost (GBP)sort descendingTotal cost (USD)sort descending
10.8418.07
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
5.999.98
Exchange rate margin (%)
4.08
Percentage difference between market reference rate 178.06 and exchange rate charged 170.804.08
Total cost (%)
9.079.07
Total cost (GBP)sort descendingTotal cost (USD)sort descending
10.8818.13
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
4.908.17
Exchange rate margin (%)
5.40
Percentage difference between market reference rate 178.06 and exchange rate charged 168.455.40
Total cost (%)
9.489.48
Total cost (GBP)sort descendingTotal cost (USD)sort descending
11.3818.97
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
4.908.17
Exchange rate margin (%)
5.98
Percentage difference between market reference rate 178.06 and exchange rate charged 167.415.98
Total cost (%)
10.0710.07
Total cost (GBP)sort descendingTotal cost (USD)sort descending
12.0820.13
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 (%)
6.86
Percentage difference between market reference rate 178.06 and exchange rate charged 165.856.86
Total cost (%)
10.1910.19
Total cost (GBP)sort descendingTotal cost (USD)sort descending
12.2320.38
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
9.9916.65
Exchange rate margin (%)
2.29
Percentage difference between market reference rate 178.06 and exchange rate charged 173.982.29
Total cost (%)
10.6210.62
Total cost (GBP)sort descendingTotal cost (USD)sort descending
12.7421.23
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
8.9014.83
Exchange rate margin (%)
3.62
Percentage difference between market reference rate 178.06 and exchange rate charged 171.623.62
Total cost (%)
11.0411.04
Total cost (GBP)sort descendingTotal cost (USD)sort descending
13.2522.08
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 (%)
3.62
Percentage difference between market reference rate 178.06 and exchange rate charged 171.623.62
Total cost (%)
11.0411.04
Total cost (GBP)sort descendingTotal cost (USD)sort descending
13.2522.08
Total Average Fourth Quarter 2019
9.089.08
Total Average Third Quarter 2019
8.868.86
Total Average
Fee
6.5910.99
Exchange Rate Margin (%)
3.583.58
Total Cost Percent (%)
9.089.08
Total Cost (GBP) Total Cost (USD)
10.9018.16
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day
Bank account Cash
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (GBP)sort descendingTotal cost (USD)sort descending
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 (%)
-0.38
Percentage difference between market reference rate 178.06 and exchange rate charged 178.74-0.38
Total cost (%)
0.620.62
Total cost (GBP)sort descendingTotal cost (USD)sort descending
1.863.10
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
8.0013.33
Exchange rate margin (%)
2.07
Percentage difference between market reference rate 178.06 and exchange rate charged 174.382.07
Total cost (%)
4.744.74
Total cost (GBP)sort descendingTotal cost (USD)sort descending
14.2223.70
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
7.9913.32
Exchange rate margin (%)
2.37
Percentage difference between market reference rate 178.06 and exchange rate charged 173.842.37
Total cost (%)
5.045.04
Total cost (GBP)sort descendingTotal cost (USD)sort descending
15.1225.20
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
9.9916.65
Exchange rate margin (%)
2.29
Percentage difference between market reference rate 178.06 and exchange rate charged 173.982.29
Total cost (%)
5.625.62
Total cost (GBP)sort descendingTotal cost (USD)sort descending
16.8628.10
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
8.9914.98
Exchange rate margin (%)
3.48
Percentage difference between market reference rate 178.06 and exchange rate charged 171.863.48
Total cost (%)
6.486.48
Total cost (GBP)sort descendingTotal cost (USD)sort descending
19.4432.40
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
8.9014.83
Exchange rate margin (%)
3.62
Percentage difference between market reference rate 178.06 and exchange rate charged 171.623.62
Total cost (%)
6.596.59
Total cost (GBP)sort descendingTotal cost (USD)sort descending
19.7732.95
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 (%)
3.62
Percentage difference between market reference rate 178.06 and exchange rate charged 171.623.62
Total cost (%)
6.596.59
Total cost (GBP)sort descendingTotal cost (USD)sort descending
19.7732.95
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
9.9916.65
Exchange rate margin (%)
4.08
Percentage difference between market reference rate 178.06 and exchange rate charged 170.804.08
Total cost (%)
7.417.41
Total cost (GBP)sort descendingTotal cost (USD)sort descending
22.2337.05
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 (%)
6.86
Percentage difference between market reference rate 178.06 and exchange rate charged 165.856.86
Total cost (%)
8.198.19
Total cost (GBP)sort descendingTotal cost (USD)sort descending
24.5740.95
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 (%)
5.40
Percentage difference between market reference rate 178.06 and exchange rate charged 168.455.40
Total cost (%)
8.378.37
Total cost (GBP)sort descendingTotal cost (USD)sort descending
25.1141.85
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
8.9014.83
Exchange rate margin (%)
5.98
Percentage difference between market reference rate 178.06 and exchange rate charged 167.415.98
Total cost (%)
8.958.95
Total cost (GBP)sort descendingTotal cost (USD)sort descending
26.8544.75
Total Average Fourth Quarter 2019
6.246.24
Total Average Third Quarter 2019
5.825.82
Total Average
Fee
7.9613.26
Exchange Rate Margin (%)
3.583.58
Total Cost Percent (%)
6.246.24
Total Cost (GBP) Total Cost (USD)
18.7131.18
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day
Bank account Cash
Least Costly Corridors To Jamaica
Least Costly Corridors From United Kingdom
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