Remittance Prices Worldwide

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Sending money from UNITED STATES to JAMAICA

Data collected on: Jul 31, 2020
Payment instrument
Access point
Sending network coverage
Receiving method
CAM
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
7.007.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
3.503.50
7.007.00
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
2.07
Percentage difference between market reference rate 146.65 and exchange rate charged 143.62
2.07
4.574.57
9.149.14
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
2.14
Percentage difference between market reference rate 146.65 and exchange rate charged 143.51
2.14
4.644.64
9.289.28
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
2.14
Percentage difference between market reference rate 146.65 and exchange rate charged 143.51
2.14
4.644.64
9.289.28
Jamaica National
Firm type: Money Transfer Operator / Building Society
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Bank branch
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
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
3.33
Percentage difference between market reference rate 146.65 and exchange rate charged 141.76
3.33
5.835.83
11.6611.66
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
3.33
Percentage difference between market reference rate 146.65 and exchange rate charged 141.76
3.33
5.835.83
11.6611.66
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.008.00
2.07
Percentage difference between market reference rate 146.65 and exchange rate charged 143.62
2.07
6.076.07
12.1412.14
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.009.00
2.07
Percentage difference between market reference rate 146.65 and exchange rate charged 143.62
2.07
6.576.57
13.1413.14
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
8.008.00
3.14
Percentage difference between market reference rate 146.65 and exchange rate charged 142.05
3.14
7.147.14
14.2814.28
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
2.74
Percentage difference between market reference rate 146.65 and exchange rate charged 142.63
2.74
7.747.74
15.4815.48
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
3.01
Percentage difference between market reference rate 146.65 and exchange rate charged 142.24
3.01
8.008.00
16.0016.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.007.00
9.01
Percentage difference between market reference rate 146.65 and exchange rate charged 133.44
9.01
12.5112.51
25.0225.02
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
11.40
Percentage difference between market reference rate 146.65 and exchange rate charged 129.94
11.40
13.9013.90
27.8027.80
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
11.40
Percentage difference between market reference rate 146.65 and exchange rate charged 129.94
11.40
13.9013.90
27.8027.80
Total Average Third Quarter
7.327.32
Total Average Second Quarter
6.066.06
Total Average
Fee
6.936.93
Exchange Rate Margin (%)
3.863.86
Total Cost Percent (%)
7.327.32
Total Cost (USD) Total Cost (USD)
14.6514.65
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour 2 days 3-5 days
Cash
Payment instrument
Access point
Sending network coverage
Receiving method
CAM
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
15.0015.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
3.003.00
15.0015.00
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
2.07
Percentage difference between market reference rate 146.65 and exchange rate charged 143.62
2.07
3.073.07
15.3515.35
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
2.14
Percentage difference between market reference rate 146.65 and exchange rate charged 143.51
2.14
3.143.14
15.7015.70
Jamaica National
Firm type: Money Transfer Operator / Building Society
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Bank branch
High
18.0018.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
3.603.60
18.0018.00
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.008.00
2.07
Percentage difference between market reference rate 146.65 and exchange rate charged 143.62
2.07
3.673.67
18.3518.35
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.009.00
2.07
Percentage difference between market reference rate 146.65 and exchange rate charged 143.62
2.07
3.873.87
19.3519.35
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
9.999.99
2.14
Percentage difference between market reference rate 146.65 and exchange rate charged 143.51
2.14
4.144.14
20.7020.70
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
3.33
Percentage difference between market reference rate 146.65 and exchange rate charged 141.76
3.33
4.334.33
21.6521.65
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
2.74
Percentage difference between market reference rate 146.65 and exchange rate charged 142.63
2.74
4.744.74
23.7023.70
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
8.008.00
3.14
Percentage difference between market reference rate 146.65 and exchange rate charged 142.05
3.14
4.744.74
23.7023.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
3.01
Percentage difference between market reference rate 146.65 and exchange rate charged 142.24
3.01
5.015.01
25.0525.05
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
21.9921.99
3.33
Percentage difference between market reference rate 146.65 and exchange rate charged 141.76
3.33
7.737.73
38.6538.65
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.009.00
8.91
Percentage difference between market reference rate 146.65 and exchange rate charged 133.58
8.91
10.7110.71
53.5553.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
11.27
Percentage difference between market reference rate 146.65 and exchange rate charged 130.13
11.27
12.2712.27
61.3561.35
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.007.00
11.27
Percentage difference between market reference rate 146.65 and exchange rate charged 130.13
11.27
12.6712.67
63.3563.35
Total Average Third Quarter
5.785.78
Total Average Second Quarter
4.574.57
Total Average
Fee
9.739.73
Exchange Rate Margin (%)
3.833.83
Total Cost Percent (%)
5.785.78
Total Cost (USD) Total Cost (USD)
28.9028.90
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour 2 days 3-5 days
Cash