Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From USUnited States you can also send money to

Sending money from UNITED STATES to CABO VERDE

Data collected on: Jun 01, 2021-Jun 14, 2021
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 (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.997.99
1.13
Percentage difference between market reference rate 91.10 and exchange rate charged 90.07
1.13
5.135.13
10.2610.26
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.008.00
1.92
Percentage difference between market reference rate 91.10 and exchange rate charged 89.36
1.92
5.925.92
11.8411.84
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
1.95
Percentage difference between market reference rate 92.60 and exchange rate charged 90.80
1.95
5.955.95
11.9011.90
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
4.08
Percentage difference between market reference rate 92.94 and exchange rate charged 89.14
4.08
6.586.58
13.1613.16
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
4.08
Percentage difference between market reference rate 92.94 and exchange rate charged 89.14
4.08
6.586.58
13.1613.16
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
3.40
Percentage difference between market reference rate 92.33 and exchange rate charged 89.19
3.40
7.407.40
14.8014.80
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.008.00
3.51
Percentage difference between market reference rate 92.61 and exchange rate charged 89.36
3.51
7.517.51
15.0215.02
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
4.08
Percentage difference between market reference rate 92.94 and exchange rate charged 89.14
4.08
9.089.08
18.1618.16
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
8.93
Percentage difference between market reference rate 92.61 and exchange rate charged 84.34
8.93
11.4311.43
22.8622.86
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
9.22
Percentage difference between market reference rate 92.61 and exchange rate charged 84.07
9.22
11.7211.72
23.4423.44
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.009.00
9.75
Percentage difference between market reference rate 92.61 and exchange rate charged 83.58
9.75
14.2514.25
28.5028.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
12.0012.00
9.22
Percentage difference between market reference rate 92.61 and exchange rate charged 84.07
9.22
15.2215.22
30.4430.44
Citibank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Low
35.0035.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
17.5017.50
35.0035.00
Total Average Second Quarter
9.569.56
Total Average First Quarter
8.608.60
Total Average
Fee
9.699.69
Exchange Rate Margin (%)
4.714.71
Total Cost Percent (%)
9.569.56
Total Cost (USD) Total Cost (USD)
19.1219.12
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.997.99
1.13
Percentage difference between market reference rate 91.10 and exchange rate charged 90.07
1.13
2.732.73
13.6513.65
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.008.00
1.92
Percentage difference between market reference rate 91.10 and exchange rate charged 89.36
1.92
3.523.52
17.6017.60
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
1.95
Percentage difference between market reference rate 92.60 and exchange rate charged 90.80
1.95
3.553.55
17.7517.75
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
3.40
Percentage difference between market reference rate 92.33 and exchange rate charged 89.19
3.40
5.005.00
25.0025.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
4.08
Percentage difference between market reference rate 92.94 and exchange rate charged 89.14
4.08
5.085.08
25.4025.40
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
4.08
Percentage difference between market reference rate 92.94 and exchange rate charged 89.14
4.08
5.085.08
25.4025.40
Walmart2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.008.00
3.51
Percentage difference between market reference rate 92.61 and exchange rate charged 89.36
3.51
5.115.11
25.5525.55
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
4.08
Percentage difference between market reference rate 92.94 and exchange rate charged 89.14
4.08
6.086.08
30.4030.40
Citibank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Low
35.0035.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
7.007.00
35.0035.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
8.93
Percentage difference between market reference rate 92.61 and exchange rate charged 84.34
8.93
9.939.93
49.6549.65
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.007.00
9.22
Percentage difference between market reference rate 92.61 and exchange rate charged 84.07
9.22
10.6210.62
53.1053.10
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.0010.00
9.75
Percentage difference between market reference rate 92.61 and exchange rate charged 83.58
9.75
11.7511.75
58.7558.75
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
21.5021.50
9.22
Percentage difference between market reference rate 92.61 and exchange rate charged 84.07
9.22
13.5213.52
67.6067.60
Total Average Second Quarter
6.846.84
Total Average First Quarter
5.955.95
Total Average
Fee
10.6510.65
Exchange Rate Margin (%)
4.714.71
Total Cost Percent (%)
6.846.84
Total Cost (USD) Total Cost (USD)
34.2234.22
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 3-5 days
Bank account Cash