Remittance Prices Worldwide

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Sending money from UNITED KINGDOM to NIGERIA

Data collected on: Feb 06, 2019
GBP | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Azimo
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.492.48
1.50
1.50
2.742.74
3.295.48
Transferwise
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.472.45
2.07
2.07
3.303.30
3.966.60
Small World
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
1.993.32
2.38
2.38
4.044.04
4.858.08
Lyca Remit
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.504.17
2.42
2.42
4.514.51
5.419.02
Moneyline UK
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
6.0010.00
0.04
0.04
5.045.04
6.0510.08
WorldRemit
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.994.98
2.80
2.80
5.295.29
6.3510.58
Ria
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
5.008.33
2.60
2.60
6.766.76
8.1113.52
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
2.904.83
5.02
5.02
7.437.43
8.9214.87
Ria
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
8.0013.33
1.53
1.53
8.208.20
9.8416.40
Western Union
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.908.17
4.77
4.77
8.868.86
10.6317.72
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
6.9011.50
4.58
4.58
10.3310.33
12.4020.67
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
6.9011.50
4.58
4.58
10.3310.33
12.4020.67
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
10.0016.67
3.61
3.61
11.9411.94
14.3323.88
MoneyGram
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.9018.17
3.80
3.80
12.8912.89
15.4725.78
Total Average First Quarter
7.267.26
Total Average Fourth Quarter 2018
7.397.39
Total Average
Fee
5.148.56
Exchange Rate Margin (%)
2.982.98
Total Cost Percent (%)
7.267.26
Total Cost (GBP) Total Cost (USD)
8.7214.53
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 3-5 days
Bank account Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
Azimo
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.492.48
1.50
1.50
1.991.99
5.979.95
Transferwise
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.193.65
2.07
2.07
2.802.80
8.4014.00
Lyca Remit
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.504.17
2.42
2.42
3.263.26
9.7816.30
Small World
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
2.994.98
2.38
2.38
3.383.38
10.1416.90
WorldRemit
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.994.98
2.80
2.80
3.803.80
11.4019.00
Ria
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
8.0013.33
1.53
1.53
4.204.20
12.6021.00
Moneyline UK
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
15.0025.00
0.04
0.04
5.045.04
15.1225.20
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
4.908.17
5.02
5.02
6.656.65
19.9533.25
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
6.9011.50
4.58
4.58
6.886.88
20.6434.40
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
10.0016.67
3.61
3.61
6.946.94
20.8234.70
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
8.9014.83
4.58
4.58
7.557.55
22.6537.75
Ria
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.0025.00
2.60
2.60
7.607.60
22.8038.00
Western Union
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
9.9016.50
4.77
4.77
8.078.07
24.2140.35
MoneyGram
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
20.9034.83
3.80
3.80
10.7710.77
32.3153.85
Total Average First Quarter
5.645.64
Total Average Fourth Quarter 2018
5.885.88
Total Average
Fee
7.9813.29
Exchange Rate Margin (%)
2.982.98
Total Cost Percent (%)
5.645.64
Total Cost (GBP) Total Cost (USD)
16.9128.19
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 3-5 days
Bank account Cash Mobile wallet