Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From GBUnited Kingdom you can also send money to

Sending money from UNITED KINGDOM to SIERRA LEONE

Data collected on: Mar 26, 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)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
1.993.32
8.72
Percentage difference between market reference rate 14,054.20 and exchange rate charged 12,828.75
8.72
10.3810.38
12.4620.77
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.9014.83
8.83
Percentage difference between market reference rate 14,054.20 and exchange rate charged 12,812.97
8.83
16.2516.25
19.5032.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.904.83
8.90
Percentage difference between market reference rate 14,054.20 and exchange rate charged 12,803.40
8.90
11.3211.32
13.5822.63
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.908.17
10.98
Percentage difference between market reference rate 14,054.20 and exchange rate charged 12,511.74
10.98
15.0615.06
18.0730.12
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
5.008.33
3.27
Percentage difference between market reference rate 14,054.20 and exchange rate charged 13,595.24
3.27
7.437.43
8.9214.87
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
6.0010.00
2.24
Percentage difference between market reference rate 14,054.20 and exchange rate charged 13,739.00
2.24
7.247.24
8.6914.48
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
0.000.00
2.22
Percentage difference between market reference rate 14,054.20 and exchange rate charged 13,742.77
2.22
2.222.22
2.664.43
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.9916.65
2.13
Percentage difference between market reference rate 14,054.20 and exchange rate charged 13,754.21
2.13
10.4610.46
12.5520.92
Kanson Services
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
Low
4.507.50
2.52
Percentage difference between market reference rate 14,054.20 and exchange rate charged 13,700.00
2.52
6.276.27
7.5212.53
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
Medium
3.005.00
2.84
Percentage difference between market reference rate 14,054.20 and exchange rate charged 13,654.96
2.84
5.345.34
6.4110.68
CashMinute
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.003.33
3.23
Percentage difference between market reference rate 14,054.20 and exchange rate charged 13,600.00
3.23
4.904.90
5.889.80
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.994.98
3.14
Percentage difference between market reference rate 14,054.20 and exchange rate charged 13,612.92
3.14
5.635.63
6.7611.27
ACE Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
4.808.00
2.87
Percentage difference between market reference rate 14,054.20 and exchange rate charged 13,650.45
2.87
6.876.87
8.2413.73
Total Average First Quarter
8.418.41
Total Average Fourth Quarter 2020
8.968.96
Total Average
Fee
4.387.30
Exchange Rate Margin (%)
4.764.76
Total Cost Percent (%)
8.418.41
Total Cost (GBP) Total Cost (USD)
10.1016.83
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day
Cash
Payment instrument
Access point
Sending network coverage
Receiving method
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
1.993.32
8.62
Percentage difference between market reference rate 14,054.20 and exchange rate charged 12,842.50
8.62
9.289.28
27.8446.40
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.908.17
10.98
Percentage difference between market reference rate 14,054.20 and exchange rate charged 12,511.74
10.98
12.6112.61
37.8363.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.9014.83
8.83
Percentage difference between market reference rate 14,054.20 and exchange rate charged 12,812.97
8.83
11.8011.80
35.4059.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.904.83
8.90
Percentage difference between market reference rate 14,054.20 and exchange rate charged 12,803.40
8.90
9.879.87
29.6149.35
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
5.008.33
3.27
Percentage difference between market reference rate 14,054.20 and exchange rate charged 13,595.24
3.27
4.934.93
14.7924.65
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
12.0020.00
2.24
Percentage difference between market reference rate 14,054.20 and exchange rate charged 13,739.00
2.24
6.246.24
18.7231.20
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
0.000.00
2.22
Percentage difference between market reference rate 14,054.20 and exchange rate charged 13,742.77
2.22
2.222.22
6.6611.10
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.9916.65
2.13
Percentage difference between market reference rate 14,054.20 and exchange rate charged 13,754.21
2.13
5.465.46
16.3827.30
Kanson Services
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
Low
9.0015.00
2.52
Percentage difference between market reference rate 14,054.20 and exchange rate charged 13,700.00
2.52
5.525.52
16.5627.60
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
Medium
N/AN/A
N/A
not available
N/A
N/AN/A
N/AN/A
CashMinute
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
4.006.67
3.23
Percentage difference between market reference rate 14,054.20 and exchange rate charged 13,600.00
3.23
4.574.57
13.7122.85
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.994.98
3.14
Percentage difference between market reference rate 14,054.20 and exchange rate charged 13,612.92
3.14
4.144.14
12.4220.70
ACE Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
12.0020.00
2.87
Percentage difference between market reference rate 14,054.20 and exchange rate charged 13,650.45
2.87
6.876.87
20.6134.35
Total Average First Quarter
6.966.96
Total Average Fourth Quarter 2020
7.427.42
Total Average
Fee
6.1410.23
Exchange Rate Margin (%)
4.914.91
Total Cost Percent (%)
6.966.96
Total Cost (GBP) Total Cost (USD)
20.8834.80
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day
Cash