Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From USUnited States you can also send money to

Sending money from UNITED STATES to JAMAICA

Data collected on: Oct 28, 2020
Payment instrument
Access point
Sending network coverage
Transfer speedsort descending
<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 (%)
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.
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
2.93
Percentage difference between market reference rate 145.91 and exchange rate charged 141.64
2.93
5.425.42
10.8410.84
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.003.00
3.15
Percentage difference between market reference rate 145.91 and exchange rate charged 141.31
3.15
4.654.65
9.309.30
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.009.00
3.15
Percentage difference between market reference rate 145.91 and exchange rate charged 141.31
3.15
7.657.65
15.3015.30
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.008.00
3.15
Percentage difference between market reference rate 145.91 and exchange rate charged 141.31
3.15
7.157.15
14.3014.30
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
8.008.00
3.92
Percentage difference between market reference rate 145.91 and exchange rate charged 140.19
3.92
7.927.92
15.8415.84
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.007.00
9.53
Percentage difference between market reference rate 145.91 and exchange rate charged 132.01
9.53
13.0313.03
26.0626.06
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
11.90
Percentage difference between market reference rate 145.91 and exchange rate charged 128.55
11.90
14.4014.40
28.8028.80
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
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
11.90
Percentage difference between market reference rate 145.91 and exchange rate charged 128.55
11.90
14.4014.40
28.8028.80
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
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.007.00
9.53
Percentage difference between market reference rate 145.91 and exchange rate charged 132.01
9.53
13.0313.03
26.0626.06
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
3.92
Percentage difference between market reference rate 145.91 and exchange rate charged 140.19
3.92
8.928.92
17.8417.84
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
4.45
Percentage difference between market reference rate 145.91 and exchange rate charged 139.42
4.45
6.946.94
13.8813.88
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
2.93
Percentage difference between market reference rate 145.91 and exchange rate charged 141.64
2.93
5.425.42
10.8410.84
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
4.45
Percentage difference between market reference rate 145.91 and exchange rate charged 139.42
4.45
6.946.94
13.8813.88
Total Average Fourth Quarter 2020
8.298.29
Total Average Third Quarter 2020
7.327.32
Total Average
Fee
6.606.60
Exchange Rate Margin (%)
4.994.99
Total Cost Percent (%)
8.298.29
Total Cost (USD) Total Cost (USD)
16.5816.58
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
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.009.00
9.43
Percentage difference between market reference rate 145.91 and exchange rate charged 132.15
9.43
11.2311.23
56.1556.15
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
3.92
Percentage difference between market reference rate 145.91 and exchange rate charged 140.19
3.92
5.925.92
29.6029.60
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
21.9921.99
4.45
Percentage difference between market reference rate 145.91 and exchange rate charged 139.42
4.45
8.858.85
44.2544.25
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
2.93
Percentage difference between market reference rate 145.91 and exchange rate charged 141.64
2.93
3.923.92
19.6019.60
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
4.45
Percentage difference between market reference rate 145.91 and exchange rate charged 139.42
4.45
5.455.45
27.2527.25
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
9.999.99
2.93
Percentage difference between market reference rate 145.91 and exchange rate charged 141.64
2.93
4.924.92
24.6024.60
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.003.00
3.15
Percentage difference between market reference rate 145.91 and exchange rate charged 141.31
3.15
3.753.75
18.7518.75
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
N/AN/A
N/A
not available
N/A
N/AN/A
N/AN/A
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
8.008.00
3.15
Percentage difference between market reference rate 145.91 and exchange rate charged 141.31
3.15
4.754.75
23.7523.75
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
8.008.00
3.92
Percentage difference between market reference rate 145.91 and exchange rate charged 140.19
3.92
5.525.52
27.6027.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.009.00
9.43
Percentage difference between market reference rate 145.91 and exchange rate charged 132.15
9.43
11.2311.23
56.1556.15
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
11.77
Percentage difference between market reference rate 145.91 and exchange rate charged 128.74
11.77
12.7712.77
63.8563.85
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
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.007.00
11.77
Percentage difference between market reference rate 145.91 and exchange rate charged 128.74
11.77
13.1713.17
65.8565.85
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
Total Average Fourth Quarter 2020
7.017.01
Total Average Third Quarter 2020
5.785.78
Total Average
Fee
9.579.57
Exchange Rate Margin (%)
5.095.09
Total Cost Percent (%)
7.017.01
Total Cost (USD) Total Cost (USD)
35.0335.03
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour 2 days 3-5 days
Cash