Remittance Prices Worldwide

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Sending money from UNITED STATES to CHINA

Data collected on: Sep 11, 2019
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
High
0.000.00
1.62
Percentage difference between market reference rate 7.12 and exchange rate charged 7.00
1.62
1.621.62
3.243.24
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.994.99
1.24
Percentage difference between market reference rate 7.12 and exchange rate charged 7.03
1.24
3.733.73
7.467.46
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
4.004.00
8.008.00
Wells Fargo
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
8.008.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
4.004.00
8.008.00
Sigue Money Transfers
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.009.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
4.504.50
9.009.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.007.00
1.10
Percentage difference between market reference rate 7.12 and exchange rate charged 7.04
1.10
4.604.60
9.209.20
Pangea
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.008.00
0.94
Percentage difference between market reference rate 7.12 and exchange rate charged 7.05
0.94
4.944.94
9.889.88
Pangea
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.008.00
0.94
Percentage difference between market reference rate 7.12 and exchange rate charged 7.05
0.94
4.944.94
9.889.88
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
9.999.99
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
5.005.00
10.0010.00
Sigue Money Transfers
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
9.009.00
1.22
Percentage difference between market reference rate 7.12 and exchange rate charged 7.03
1.22
5.725.72
11.4411.44
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
13.0013.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
6.506.50
13.0013.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
19.0019.00
0.00
Percentage difference between market reference rate 7.12 and exchange rate charged 7.12
0.00
9.509.50
19.0019.00
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
9.009.00
5.30
Percentage difference between market reference rate 7.12 and exchange rate charged 6.74
5.30
9.809.80
19.6019.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
20.0020.00
0.00
Percentage difference between market reference rate 7.12 and exchange rate charged 7.12
0.00
10.0010.00
20.0020.00
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
20.0020.00
1.24
Percentage difference between market reference rate 7.12 and exchange rate charged 7.03
1.24
11.2411.24
22.4822.48
Citibank
Firm type: Bank
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
High
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
Cathay Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
High
40.0040.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
20.0020.00
40.0040.00
Total Average Third Quarter
7.517.51
Total Average Second Quarter
5.765.76
Total Average
Fee
13.4113.41
Exchange Rate Margin (%)
0.800.80
Total Cost Percent (%)
7.517.51
Total Cost (USD) Total Cost (USD)
15.0115.01
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 3-5 days 6 days or more
Bank account Cash Own/partner bank account
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
8.008.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
1.601.60
8.008.00
Wells Fargo
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
8.008.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
1.601.60
8.008.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.62
Percentage difference between market reference rate 7.12 and exchange rate charged 7.00
1.62
1.621.62
8.108.10
Sigue Money Transfers
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.009.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
1.801.80
9.009.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
9.999.99
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.002.00
10.0010.00
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.994.99
1.24
Percentage difference between market reference rate 7.12 and exchange rate charged 7.03
1.24
2.232.23
11.1511.15
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.007.00
1.10
Percentage difference between market reference rate 7.12 and exchange rate charged 7.04
1.10
2.502.50
12.5012.50
Pangea
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.008.00
0.94
Percentage difference between market reference rate 7.12 and exchange rate charged 7.05
0.94
2.542.54
12.7012.70
Pangea
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.008.00
0.94
Percentage difference between market reference rate 7.12 and exchange rate charged 7.05
0.94
2.542.54
12.7012.70
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
13.0013.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.602.60
13.0013.00
Sigue Money Transfers
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
9.009.00
1.22
Percentage difference between market reference rate 7.12 and exchange rate charged 7.03
1.22
3.023.02
15.1015.10
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
25.0025.00
0.00
Percentage difference between market reference rate 7.12 and exchange rate charged 7.12
0.00
5.005.00
25.0025.00
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
20.0020.00
1.24
Percentage difference between market reference rate 7.12 and exchange rate charged 7.03
1.24
5.245.24
26.2026.20
Citibank
Firm type: Bank
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
High
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
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Agent
High
9.009.00
5.30
Percentage difference between market reference rate 7.12 and exchange rate charged 6.74
5.30
7.107.10
35.5035.50
Cathay Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
High
40.0040.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
8.008.00
40.0040.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
50.0050.00
0.00
Percentage difference between market reference rate 7.12 and exchange rate charged 7.12
0.00
10.0010.00
50.0050.00
Total Average Third Quarter
3.913.91
Total Average Second Quarter
3.373.37
Total Average
Fee
15.5315.53
Exchange Rate Margin (%)
0.800.80
Total Cost Percent (%)
3.913.91
Total Cost (USD) Total Cost (USD)
19.5319.53
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 3-5 days 6 days or more
Bank account Cash Own/partner bank account