Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From GBUnited Kingdom you can also send money to

Sending money from UNITED KINGDOM to RWANDA

Data collected on: Nov 09, 2021-Dec 01, 2021
GBP | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (GBP)sort descendingTotal cost (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
2.994.98
1.99
Percentage difference between market reference rate 1,367.92 and exchange rate charged 1,340.63
1.99
4.494.49
5.398.98
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.65
5.55
Percentage difference between market reference rate 1,382.23 and exchange rate charged 1,305.49
5.55
6.386.38
7.6612.77
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.808.00
2.52
Percentage difference between market reference rate 1,365.37 and exchange rate charged 1,330.91
2.52
6.526.52
7.8213.03
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.808.00
2.52
Percentage difference between market reference rate 1,365.37 and exchange rate charged 1,330.91
2.52
6.526.52
7.8213.03
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.993.32
4.87
Percentage difference between market reference rate 1,369.75 and exchange rate charged 1,303.03
4.87
6.536.53
7.8413.07
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Bank branch
Medium
5.048.40
2.52
Percentage difference between market reference rate 1,365.37 and exchange rate charged 1,330.91
2.52
6.726.72
8.0613.43
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.048.40
2.56
Percentage difference between market reference rate 1,365.83 and exchange rate charged 1,330.91
2.56
6.766.76
8.1113.52
Equity Direct
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.001.67
6.43
Percentage difference between market reference rate 1,369.24 and exchange rate charged 1,281.13
6.43
7.277.27
8.7214.53
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.904.83
6.15
Percentage difference between market reference rate 1,370.26 and exchange rate charged 1,285.96
6.15
8.578.57
10.2817.13
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
5.27
Percentage difference between market reference rate 1,368.57 and exchange rate charged 1,296.43
5.27
8.608.60
10.3217.20
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.507.50
5.75
Percentage difference between market reference rate 1,368.57 and exchange rate charged 1,289.89
5.75
9.509.50
11.4019.00
CashMinute
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.003.33
8.35
Percentage difference between market reference rate 1,369.49 and exchange rate charged 1,255.11
8.35
10.0210.02
12.0220.03
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.908.17
6.24
Percentage difference between market reference rate 1,365.01 and exchange rate charged 1,279.79
6.24
10.3310.33
12.4020.67
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
3.68
Percentage difference between market reference rate 1,368.73 and exchange rate charged 1,318.38
3.68
10.3510.35
12.4220.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.908.17
6.28
Percentage difference between market reference rate 1,365.57 and exchange rate charged 1,279.79
6.28
10.3610.36
12.4320.72
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Low
2.994.98
8.22
Percentage difference between market reference rate 1,367.91 and exchange rate charged 1,255.40
8.22
10.7210.72
12.8621.43
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
4.72
Percentage difference between market reference rate 1,384.57 and exchange rate charged 1,319.19
4.72
11.3911.39
13.6722.78
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
4.85
Percentage difference between market reference rate 1,379.68 and exchange rate charged 1,312.82
4.85
11.5111.51
13.8123.02
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.9016.50
10.87
Percentage difference between market reference rate 1,370.26 and exchange rate charged 1,221.25
10.87
19.1219.12
22.9438.23
Total Average Fourth Quarter 2021
9.039.03
Total Average Third Quarter 2021
8.998.99
Total Average
Fee
4.567.61
Exchange Rate Margin (%)
5.235.23
Total Cost Percent (%)
9.039.03
Total Cost (GBP) Total Cost (USD)
10.8418.07
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day
Bank account Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
2.994.98
1.99
Percentage difference between market reference rate 1,367.92 and exchange rate charged 1,340.63
1.99
2.992.99
8.9714.95
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.993.32
4.87
Percentage difference between market reference rate 1,369.75 and exchange rate charged 1,303.03
4.87
5.535.53
16.5927.65
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.991.65
5.55
Percentage difference between market reference rate 1,382.23 and exchange rate charged 1,305.49
5.55
5.885.88
17.6429.40
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
3.68
Percentage difference between market reference rate 1,368.73 and exchange rate charged 1,318.38
3.68
6.356.35
19.0531.75
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
12.0020.00
2.52
Percentage difference between market reference rate 1,365.37 and exchange rate charged 1,330.91
2.52
6.526.52
19.5632.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
5.27
Percentage difference between market reference rate 1,368.57 and exchange rate charged 1,296.43
5.27
6.606.60
19.8033.00
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
12.6021.00
2.52
Percentage difference between market reference rate 1,365.37 and exchange rate charged 1,330.91
2.52
6.726.72
20.1633.60
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Bank branch
Medium
12.6021.00
2.52
Percentage difference between market reference rate 1,365.37 and exchange rate charged 1,330.91
2.52
6.726.72
20.1633.60
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
12.6021.00
2.56
Percentage difference between market reference rate 1,365.83 and exchange rate charged 1,330.91
2.56
6.766.76
20.2833.80
Equity Direct
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.001.67
6.43
Percentage difference between market reference rate 1,369.24 and exchange rate charged 1,281.13
6.43
6.776.77
20.3133.85
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.904.83
6.15
Percentage difference between market reference rate 1,370.26 and exchange rate charged 1,285.96
6.15
7.127.12
21.3635.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.507.50
5.75
Percentage difference between market reference rate 1,368.57 and exchange rate charged 1,289.89
5.75
7.257.25
21.7536.25
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
4.72
Percentage difference between market reference rate 1,384.57 and exchange rate charged 1,319.19
4.72
7.397.39
22.1736.95
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.0013.33
4.85
Percentage difference between market reference rate 1,379.68 and exchange rate charged 1,312.82
4.85
7.517.51
22.5337.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.908.17
6.24
Percentage difference between market reference rate 1,365.01 and exchange rate charged 1,279.79
6.24
7.887.88
23.6439.40
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.908.17
6.28
Percentage difference between market reference rate 1,365.57 and exchange rate charged 1,279.79
6.28
7.917.91
23.7339.55
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Low
2.994.98
8.22
Percentage difference between market reference rate 1,367.91 and exchange rate charged 1,255.40
8.22
9.229.22
27.6646.10
CashMinute
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.006.67
8.35
Percentage difference between market reference rate 1,369.49 and exchange rate charged 1,255.11
8.35
9.699.69
29.0748.45
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
19.9033.17
10.87
Percentage difference between market reference rate 1,370.26 and exchange rate charged 1,221.25
10.87
17.5117.51
52.5387.55
Total Average Fourth Quarter 2021
7.497.49
Total Average Third Quarter 2021
7.477.47
Total Average
Fee
6.7811.30
Exchange Rate Margin (%)
5.235.23
Total Cost Percent (%)
7.497.49
Total Cost (GBP) Total Cost (USD)
22.4737.45
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day
Bank account Cash Mobile wallet