Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from UNITED KINGDOM to JAMAICA

Data collected on: May 09, 2019
GBP | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.98
1.04
Percentage difference between market reference rate 175.71 and exchange rate charged 173.89
1.04
3.533.53
4.247.07
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.904.83
1.79
Percentage difference between market reference rate 175.71 and exchange rate charged 172.57
1.79
4.204.20
5.048.40
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.908.17
2.49
Percentage difference between market reference rate 175.71 and exchange rate charged 171.33
2.49
6.576.57
7.8813.13
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
0.97
Percentage difference between market reference rate 175.71 and exchange rate charged 174.01
0.97
7.637.63
9.1615.27
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.707.83
3.78
Percentage difference between market reference rate 175.71 and exchange rate charged 169.07
3.78
7.697.69
9.2315.38
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.9011.50
2.54
Percentage difference between market reference rate 175.71 and exchange rate charged 171.25
2.54
8.298.29
9.9516.58
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.0015.00
0.97
Percentage difference between market reference rate 175.71 and exchange rate charged 174.01
0.97
8.478.47
10.1616.93
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.9913.32
1.86
Percentage difference between market reference rate 175.71 and exchange rate charged 172.44
1.86
8.528.52
10.2217.03
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.999.98
3.62
Percentage difference between market reference rate 175.71 and exchange rate charged 169.35
3.62
8.618.61
10.3317.22
JN Money
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
8.9914.98
2.42
Percentage difference between market reference rate 175.71 and exchange rate charged 171.45
2.42
9.929.92
11.9019.83
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
8.9014.83
2.54
Percentage difference between market reference rate 175.71 and exchange rate charged 171.25
2.54
9.969.96
11.9519.92
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.9916.65
1.70
Percentage difference between market reference rate 175.71 and exchange rate charged 172.72
1.70
10.0310.03
12.0420.07
Total Average Second Quarter
7.797.79
Total Average First Quarter
7.547.54
Total Average
Fee
6.7711.28
Exchange Rate Margin (%)
2.142.14
Total Cost Percent (%)
7.797.79
Total Cost (GBP) Total Cost (USD)
9.3415.57
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.98
1.04
Percentage difference between market reference rate 175.71 and exchange rate charged 173.89
1.04
2.032.03
6.0910.15
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.908.17
1.79
Percentage difference between market reference rate 175.71 and exchange rate charged 172.57
1.79
3.423.42
10.2617.10
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
0.97
Percentage difference between market reference rate 175.71 and exchange rate charged 174.01
0.97
3.633.63
10.8918.15
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.0015.00
0.97
Percentage difference between market reference rate 175.71 and exchange rate charged 174.01
0.97
3.973.97
11.9119.85
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.9913.32
1.86
Percentage difference between market reference rate 175.71 and exchange rate charged 172.44
1.86
4.524.52
13.5622.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.9011.50
2.54
Percentage difference between market reference rate 175.71 and exchange rate charged 171.25
2.54
4.844.84
14.5224.20
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.9916.65
1.70
Percentage difference between market reference rate 175.71 and exchange rate charged 172.72
1.70
5.035.03
15.0925.15
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.9014.83
2.49
Percentage difference between market reference rate 175.71 and exchange rate charged 171.33
2.49
5.465.46
16.3827.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
8.9014.83
2.54
Percentage difference between market reference rate 175.71 and exchange rate charged 171.25
2.54
5.515.51
16.5327.55
JN Money
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
10.9918.32
2.42
Percentage difference between market reference rate 175.71 and exchange rate charged 171.45
2.42
6.096.09
18.2730.45
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
8.9914.98
3.62
Percentage difference between market reference rate 175.71 and exchange rate charged 169.35
3.62
6.626.62
19.8633.10
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.9014.83
3.78
Percentage difference between market reference rate 175.71 and exchange rate charged 169.07
3.78
6.746.74
20.2233.70
Total Average Second Quarter
4.824.82
Total Average First Quarter
5.055.05
Total Average
Fee
8.0413.40
Exchange Rate Margin (%)
2.142.14
Total Cost Percent (%)
4.824.82
Total Cost (GBP) Total Cost (USD)
14.4724.11
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day
Bank account Cash