Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From GBUnited Kingdom you can also send money to

Sending money from UNITED KINGDOM to NIGERIA

Data collected on: Feb 03, 2020
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
Medium
1.492.48
2.87
Percentage difference between market reference rate 476.44 and exchange rate charged 462.76
2.87
4.114.11
4.938.22
Moneyline UK
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
1.502.50
3.03
Percentage difference between market reference rate 476.44 and exchange rate charged 462.00
3.03
4.284.28
5.148.57
Transferwise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.452.42
3.51
Percentage difference between market reference rate 476.44 and exchange rate charged 459.73
3.51
4.724.72
5.669.43
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.993.32
4.38
Percentage difference between market reference rate 476.44 and exchange rate charged 455.55
4.38
6.046.04
7.2512.08
Lyca Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.504.17
4.33
Percentage difference between market reference rate 476.44 and exchange rate charged 455.80
4.33
6.416.41
7.6912.82
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
2.994.98
3.98
Percentage difference between market reference rate 476.44 and exchange rate charged 457.46
3.98
6.486.48
7.7812.97
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.994.98
4.38
Percentage difference between market reference rate 476.44 and exchange rate charged 455.55
4.38
6.886.88
8.2613.77
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
Medium
3.786.30
4.07
Percentage difference between market reference rate 476.44 and exchange rate charged 457.06
4.07
7.227.22
8.6614.43
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
5.12
Percentage difference between market reference rate 476.44 and exchange rate charged 452.02
5.12
8.458.45
10.1416.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.904.83
7.44
Percentage difference between market reference rate 476.44 and exchange rate charged 441.01
7.44
9.859.85
11.8219.70
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
3.45
Percentage difference between market reference rate 476.44 and exchange rate charged 460.00
3.45
10.1210.12
12.1420.23
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.0015.00
3.34
Percentage difference between market reference rate 476.44 and exchange rate charged 460.54
3.34
10.8410.84
13.0121.68
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
7.9913.32
4.64
Percentage difference between market reference rate 476.44 and exchange rate charged 454.32
4.64
11.3011.30
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
6.28
Percentage difference between market reference rate 476.44 and exchange rate charged 446.52
6.28
12.0312.03
14.4424.07
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.9016.50
6.28
Percentage difference between market reference rate 476.44 and exchange rate charged 446.52
6.28
14.5314.53
17.4429.07
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.9016.50
6.95
Percentage difference between market reference rate 476.44 and exchange rate charged 443.31
6.95
15.2015.20
18.2430.40
Total Average First Quarter
8.658.65
Total Average Fourth Quarter 2019
7.247.24
Total Average
Fee
4.838.05
Exchange Rate Margin (%)
4.634.63
Total Cost Percent (%)
8.658.65
Total Cost (GBP) Total Cost (USD)
10.3917.31
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
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.492.48
2.87
Percentage difference between market reference rate 476.44 and exchange rate charged 462.76
2.87
3.373.37
10.1116.85
Moneyline UK
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
1.502.50
3.03
Percentage difference between market reference rate 476.44 and exchange rate charged 462.00
3.03
3.533.53
10.5917.65
Transferwise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.934.88
3.51
Percentage difference between market reference rate 476.44 and exchange rate charged 459.73
3.51
4.484.48
13.4422.40
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.993.32
4.38
Percentage difference between market reference rate 476.44 and exchange rate charged 455.55
4.38
5.055.05
15.1525.25
Lyca Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.504.17
4.33
Percentage difference between market reference rate 476.44 and exchange rate charged 455.80
4.33
5.165.16
15.4825.80
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
3.996.65
3.98
Percentage difference between market reference rate 476.44 and exchange rate charged 457.46
3.98
5.315.31
15.9326.55
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.994.98
4.38
Percentage difference between market reference rate 476.44 and exchange rate charged 455.55
4.38
5.385.38
16.1426.90
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
3.45
Percentage difference between market reference rate 476.44 and exchange rate charged 460.00
3.45
6.126.12
18.3630.60
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.0015.00
3.34
Percentage difference between market reference rate 476.44 and exchange rate charged 460.54
3.34
6.346.34
19.0231.70
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
5.12
Percentage difference between market reference rate 476.44 and exchange rate charged 452.02
5.12
6.456.45
19.3532.25
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
Medium
9.4515.75
4.07
Percentage difference between market reference rate 476.44 and exchange rate charged 457.06
4.07
7.227.22
21.6636.10
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
7.9913.32
4.64
Percentage difference between market reference rate 476.44 and exchange rate charged 454.32
4.64
7.317.31
21.9336.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.904.83
7.44
Percentage difference between market reference rate 476.44 and exchange rate charged 441.01
7.44
8.408.40
25.2042.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.9014.83
6.28
Percentage difference between market reference rate 476.44 and exchange rate charged 446.52
6.28
9.259.25
27.7546.25
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
19.9033.17
6.28
Percentage difference between market reference rate 476.44 and exchange rate charged 446.52
6.28
12.9112.91
38.7364.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
19.9033.17
6.95
Percentage difference between market reference rate 476.44 and exchange rate charged 443.31
6.95
13.5913.59
40.7767.95
Total Average First Quarter
6.876.87
Total Average Fourth Quarter 2019
5.445.44
Total Average
Fee
6.7111.19
Exchange Rate Margin (%)
4.634.63
Total Cost Percent (%)
6.876.87
Total Cost (GBP) Total Cost (USD)
20.6034.33
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