Remittance Prices Worldwide

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Sending money from UNITED STATES to CABO VERDE

Data collected on: May 11, 2020
Payment instrument
Access point
Sending network coverage
Receiving method
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
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
7.007.00
1.21
Percentage difference between market reference rate 101.73 and exchange rate charged 100.50
1.21
4.714.71
9.429.42
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
1.71
Percentage difference between market reference rate 101.73 and exchange rate charged 99.99
1.71
6.716.71
13.4213.42
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
1.71
Percentage difference between market reference rate 101.73 and exchange rate charged 99.99
1.71
4.214.21
8.428.42
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
1.71
Percentage difference between market reference rate 101.73 and exchange rate charged 99.99
1.71
4.214.21
8.428.42
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.007.00
11.00
Percentage difference between market reference rate 101.73 and exchange rate charged 90.54
11.00
14.5014.50
29.0029.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.007.00
11.09
Percentage difference between market reference rate 101.73 and exchange rate charged 90.45
11.09
14.5914.59
29.1829.18
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
13.95
Percentage difference between market reference rate 101.73 and exchange rate charged 87.53
13.95
16.4516.45
32.9032.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
13.95
Percentage difference between market reference rate 101.73 and exchange rate charged 87.53
13.95
16.4516.45
32.9032.90
Total Average Second Quarter
11.0411.04
Total Average First Quarter
10.4610.46
Total Average
Fee
9.559.55
Exchange Rate Margin (%)
6.266.26
Total Cost Percent (%)
11.0411.04
Total Cost (USD) Total Cost (USD)
22.0722.07
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
9.999.99
1.71
Percentage difference between market reference rate 101.73 and exchange rate charged 99.99
1.71
3.713.71
18.5518.55
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
1.71
Percentage difference between market reference rate 101.73 and exchange rate charged 99.99
1.71
2.712.71
13.5513.55
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
7.007.00
1.21
Percentage difference between market reference rate 101.73 and exchange rate charged 100.50
1.21
2.612.61
13.0513.05
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
1.71
Percentage difference between market reference rate 101.73 and exchange rate charged 99.99
1.71
3.713.71
18.5518.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.009.00
10.90
Percentage difference between market reference rate 101.73 and exchange rate charged 90.64
10.90
12.7012.70
63.5063.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.009.00
11.09
Percentage difference between market reference rate 101.73 and exchange rate charged 90.45
11.09
12.8912.89
64.4564.45
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
13.82
Percentage difference between market reference rate 101.73 and exchange rate charged 87.67
13.82
14.8214.82
74.1074.10
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.007.00
13.82
Percentage difference between market reference rate 101.73 and exchange rate charged 87.67
13.82
15.2215.22
76.1076.10
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
Total Average Second Quarter
8.378.37
Total Average First Quarter
7.747.74
Total Average
Fee
10.7710.77
Exchange Rate Margin (%)
6.226.22
Total Cost Percent (%)
8.378.37
Total Cost (USD) Total Cost (USD)
41.8741.87
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour 3-5 days 6 days or more
Bank account Cash