Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From USUnited States you can also send money to

Sending money from UNITED STATES to CHINA

Data collected on: Mar 22, 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 (%)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Cathay Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
0.000.00
0.000.00
Citibank
Firm type: Bank
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
0.000.00
0.000.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.51
Percentage difference between market reference rate 6.51 and exchange rate charged 6.41
1.51
1.511.51
3.023.02
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.502.50
5.005.00
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent, Internet
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
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.994.99
1.58
Percentage difference between market reference rate 6.51 and exchange rate charged 6.41
1.58
4.084.08
8.168.16
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.0010.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
5.005.00
10.0010.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.007.00
1.51
Percentage difference between market reference rate 6.51 and exchange rate charged 6.41
1.51
5.015.01
10.0210.02
Sigue Money Transfers
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
12.0012.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
6.006.00
12.0012.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
19.0019.00
-0.05
Percentage difference between market reference rate 6.51 and exchange rate charged 6.51
-0.05
9.459.45
18.9018.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
20.0020.00
-0.05
Percentage difference between market reference rate 6.51 and exchange rate charged 6.51
-0.05
9.959.95
19.9019.90
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
20.0020.00
1.58
Percentage difference between market reference rate 6.51 and exchange rate charged 6.41
1.58
11.5811.58
23.1623.16
Total Average First Quarter
4.854.85
Total Average Fourth Quarter 2020
5.195.19
Total Average
Fee
8.778.77
Exchange Rate Margin (%)
0.470.47
Total Cost Percent (%)
4.854.85
Total Cost (USD) Total Cost (USD)
9.709.70
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
Citibank
Firm type: Bank
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
0.000.00
0.000.00
Cathay Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
0.000.00
0.000.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.51
Percentage difference between market reference rate 6.51 and exchange rate charged 6.41
1.51
1.511.51
7.557.55
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
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent, Internet
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
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.994.99
1.58
Percentage difference between market reference rate 6.51 and exchange rate charged 6.41
1.58
2.582.58
12.9012.90
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.0010.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.002.00
10.0010.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.007.00
1.51
Percentage difference between market reference rate 6.51 and exchange rate charged 6.41
1.51
2.912.91
14.5514.55
Sigue Money Transfers
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
12.0012.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.402.40
12.0012.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
25.0025.00
-0.05
Percentage difference between market reference rate 6.51 and exchange rate charged 6.51
-0.05
4.954.95
24.7524.75
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
50.0050.00
-0.05
Percentage difference between market reference rate 6.51 and exchange rate charged 6.51
-0.05
9.959.95
49.7549.75
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
20.0020.00
1.58
Percentage difference between market reference rate 6.51 and exchange rate charged 6.41
1.58
5.585.58
27.9027.90
Total Average First Quarter
2.852.85
Total Average Fourth Quarter 2020
3.043.04
Total Average
Fee
11.9211.92
Exchange Rate Margin (%)
0.470.47
Total Cost Percent (%)
2.852.85
Total Cost (USD) Total Cost (USD)
14.2614.26
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