Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From GBUnited Kingdom you can also send money to

Sending money from UNITED KINGDOM to ZAMBIA

Data collected on: Jun 07, 2021-Jun 14, 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.
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.991.65
5.21
Percentage difference between market reference rate 31.78 and exchange rate charged 30.13
5.21
6.046.04
7.2512.08
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
3.996.65
2.96
Percentage difference between market reference rate 31.79 and exchange rate charged 30.85
2.96
6.296.29
7.5512.58
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.993.32
5.36
Percentage difference between market reference rate 31.78 and exchange rate charged 30.08
5.36
7.027.02
8.4214.03
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
6.0010.00
2.96
Percentage difference between market reference rate 31.93 and exchange rate charged 30.98
2.96
7.967.96
9.5515.92
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
8.0013.33
1.83
Percentage difference between market reference rate 31.78 and exchange rate charged 31.20
1.83
8.508.50
10.2017.00
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
8.0013.33
1.83
Percentage difference between market reference rate 31.78 and exchange rate charged 31.20
1.83
8.508.50
10.2017.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.904.83
6.21
Percentage difference between market reference rate 32.00 and exchange rate charged 30.01
6.21
8.638.63
10.3617.27
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
4.908.17
9.14
Percentage difference between market reference rate 32.00 and exchange rate charged 29.07
9.14
13.2313.23
15.8826.47
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
9.9016.50
8.42
Percentage difference between market reference rate 32.00 and exchange rate charged 29.30
8.42
16.6716.67
20.0033.33
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
16.9028.17
3.55
Percentage difference between market reference rate 31.79 and exchange rate charged 30.66
3.55
17.6317.63
21.1635.27
Total Average Second Quarter
10.0510.05
Total Average First Quarter
9.409.40
Total Average
Fee
6.3610.60
Exchange Rate Margin (%)
4.754.75
Total Cost Percent (%)
10.0510.05
Total Cost (GBP) Total Cost (USD)
12.0620.10
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Next day
Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
3.996.65
2.96
Percentage difference between market reference rate 31.79 and exchange rate charged 30.85
2.96
4.294.29
12.8721.45
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
8.0013.33
1.83
Percentage difference between market reference rate 31.78 and exchange rate charged 31.20
1.83
4.504.50
13.5022.50
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
8.0013.33
1.83
Percentage difference between market reference rate 31.78 and exchange rate charged 31.20
1.83
4.504.50
13.5022.50
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.991.65
5.21
Percentage difference between market reference rate 31.78 and exchange rate charged 30.13
5.21
5.545.54
16.6227.70
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.993.32
5.36
Percentage difference between market reference rate 31.78 and exchange rate charged 30.08
5.36
6.036.03
18.0930.15
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.904.83
6.21
Percentage difference between market reference rate 32.00 and exchange rate charged 30.01
6.21
7.187.18
21.5435.90
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
16.0026.67
2.96
Percentage difference between market reference rate 31.93 and exchange rate charged 30.98
2.96
8.308.30
24.9041.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
4.908.17
9.14
Percentage difference between market reference rate 32.00 and exchange rate charged 29.07
9.14
10.7810.78
32.3453.90
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
23.9039.83
3.55
Percentage difference between market reference rate 31.79 and exchange rate charged 30.66
3.55
11.5211.52
34.5657.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
19.9033.17
8.42
Percentage difference between market reference rate 32.00 and exchange rate charged 29.30
8.42
15.0615.06
45.1875.30
Total Average Second Quarter
7.777.77
Total Average First Quarter
7.417.41
Total Average
Fee
9.0615.10
Exchange Rate Margin (%)
4.754.75
Total Cost Percent (%)
7.777.77
Total Cost (GBP) Total Cost (USD)
23.3138.85
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Next day
Cash Mobile wallet