Remittance Prices Worldwide

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Sending money from UNITED STATES to CABO VERDE

Data collected on: Feb 03, 2020
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
High
1.991.99
2.05
Percentage difference between market reference rate 99.69 and exchange rate charged 97.65
2.05
3.043.04
6.086.08
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
2.05
Percentage difference between market reference rate 99.69 and exchange rate charged 97.65
2.05
4.544.54
9.089.08
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
8.008.00
1.55
Percentage difference between market reference rate 99.69 and exchange rate charged 98.15
1.55
5.555.55
11.1011.10
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
2.05
Percentage difference between market reference rate 99.69 and exchange rate charged 97.65
2.05
7.047.04
14.0814.08
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
4.21
Percentage difference between market reference rate 99.69 and exchange rate charged 95.49
4.21
8.218.21
16.4216.42
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.007.00
11.28
Percentage difference between market reference rate 99.69 and exchange rate charged 88.45
11.28
14.7814.78
29.5629.56
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
14.22
Percentage difference between market reference rate 99.69 and exchange rate charged 85.52
14.22
16.7216.72
33.4433.44
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
14.22
Percentage difference between market reference rate 99.69 and exchange rate charged 85.52
14.22
16.7216.72
33.4433.44
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 First Quarter
10.4610.46
Total Average Fourth Quarter 2019
10.5810.58
Total Average
Fee
9.449.44
Exchange Rate Margin (%)
5.745.74
Total Cost Percent (%)
10.4610.46
Total Cost (USD) Total Cost (USD)
20.9120.91
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour 3-5 days 6 days or more
Bank account Cash
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
High
1.991.99
2.05
Percentage difference between market reference rate 99.69 and exchange rate charged 97.65
2.05
2.452.45
12.2512.25
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
8.008.00
1.55
Percentage difference between market reference rate 99.69 and exchange rate charged 98.15
1.55
3.153.15
15.7515.75
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
9.999.99
2.05
Percentage difference between market reference rate 99.69 and exchange rate charged 97.65
2.05
4.054.05
20.2520.25
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
2.05
Percentage difference between market reference rate 99.69 and exchange rate charged 97.65
2.05
4.054.05
20.2520.25
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
4.21
Percentage difference between market reference rate 99.69 and exchange rate charged 95.49
4.21
5.815.81
29.0529.05
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
Agent
Sending network coverage
High
Receiving method
Agent
High
7.007.00
11.18
Percentage difference between market reference rate 99.69 and exchange rate charged 88.55
11.18
12.5812.58
62.9062.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
14.09
Percentage difference between market reference rate 99.69 and exchange rate charged 85.65
14.09
15.0915.09
75.4575.45
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.007.00
14.09
Percentage difference between market reference rate 99.69 and exchange rate charged 85.65
14.09
15.4915.49
77.4577.45
Total Average First Quarter
7.747.74
Total Average Fourth Quarter 2019
7.867.86
Total Average
Fee
10.2210.22
Exchange Rate Margin (%)
5.705.70
Total Cost Percent (%)
7.747.74
Total Cost (USD) Total Cost (USD)
38.7138.71
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour 3-5 days 6 days or more
Bank account Cash