Remittance Prices Worldwide

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Sending money from UNITED KINGDOM to SOMALIA

Data collected on: Jul 28, 2020
GBP | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.601.00
3.93
Percentage difference between market reference rate 1.29 and exchange rate charged 1.24
3.93
4.434.43
5.328.87
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.904.83
2.05
Percentage difference between market reference rate 1.29 and exchange rate charged 1.26
2.05
4.474.47
5.368.93
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.904.83
3.26
Percentage difference between market reference rate 1.29 and exchange rate charged 1.25
3.26
5.685.68
6.8211.37
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
4.908.17
2.05
Percentage difference between market reference rate 1.29 and exchange rate charged 1.26
2.05
6.136.13
7.3612.27
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
3.996.65
2.87
Percentage difference between market reference rate 1.29 and exchange rate charged 1.25
2.87
6.206.20
7.4412.40
Iftin Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.1911.98
2.76
Percentage difference between market reference rate 1.29 and exchange rate charged 1.25
2.76
8.758.75
10.5017.50
Amal Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.2012.00
2.76
Percentage difference between market reference rate 1.29 and exchange rate charged 1.25
2.76
8.768.76
10.5117.52
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.2012.00
2.76
Percentage difference between market reference rate 1.29 and exchange rate charged 1.25
2.76
8.768.76
10.5117.52
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.9014.83
6.37
Percentage difference between market reference rate 1.29 and exchange rate charged 1.21
6.37
13.7813.78
16.5427.57
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
9.9016.50
7.30
Percentage difference between market reference rate 1.29 and exchange rate charged 1.19
7.30
15.5515.55
18.6631.10
Total Average Third Quarter
8.258.25
Total Average Second Quarter
7.537.53
Total Average
Fee
5.579.28
Exchange Rate Margin (%)
3.613.61
Total Cost Percent (%)
8.258.25
Total Cost (GBP) Total Cost (USD)
9.9016.50
Non-Transparent records
Bank account transfer Debit/credit card Mobile money Cash
Less than one hour Same day
Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.904.83
2.05
Percentage difference between market reference rate 1.29 and exchange rate charged 1.26
2.05
3.023.02
9.0615.10
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
4.908.17
2.05
Percentage difference between market reference rate 1.29 and exchange rate charged 1.26
2.05
3.683.68
11.0418.40
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.904.83
3.26
Percentage difference between market reference rate 1.29 and exchange rate charged 1.25
3.26
4.234.23
12.6921.15
Transfer Galaxy
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.502.50
3.93
Percentage difference between market reference rate 1.29 and exchange rate charged 1.24
3.93
4.434.43
13.2922.15
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.999.98
2.87
Percentage difference between market reference rate 1.29 and exchange rate charged 1.25
2.87
4.874.87
14.6124.35
Amal Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
18.0030.00
2.76
Percentage difference between market reference rate 1.29 and exchange rate charged 1.25
2.76
8.768.76
26.2843.80
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
18.0030.00
2.76
Percentage difference between market reference rate 1.29 and exchange rate charged 1.25
2.76
8.768.76
26.2843.80
Iftin Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
18.0130.02
2.76
Percentage difference between market reference rate 1.29 and exchange rate charged 1.25
2.76
8.768.76
26.2843.80
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.9014.83
6.37
Percentage difference between market reference rate 1.29 and exchange rate charged 1.21
6.37
9.339.33
27.9946.65
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
19.9033.17
7.30
Percentage difference between market reference rate 1.29 and exchange rate charged 1.19
7.30
13.9313.93
41.7969.65
Total Average Third Quarter
6.986.98
Total Average Second Quarter
6.076.07
Total Average
Fee
10.1016.83
Exchange Rate Margin (%)
3.613.61
Total Cost Percent (%)
6.986.98
Total Cost (GBP) Total Cost (USD)
20.9334.89
Non-Transparent records
Bank account transfer Debit/credit card Mobile money Cash
Less than one hour Same day
Cash Mobile wallet