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Transfer money

Sending money from UNITED STATES to NICARAGUA

Data collected on: May 13, 2020
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (USD)sort descending
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
4.994.99
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.502.50
Total cost (USD)sort descending
5.005.00
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
4.994.99
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.502.50
Total cost (USD)sort descending
5.005.00
Firm
Envios 22-24
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
5.005.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.502.50
Total cost (USD)sort descending
5.005.00
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
5.995.99
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
3.003.00
Total cost (USD)sort descending
6.006.00
Firm
Sigue Money Transfers
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
6.006.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
3.003.00
Total cost (USD)sort descending
6.006.00
Firm
Walmart2World
Firm type: Bank
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
7.007.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
3.503.50
Total cost (USD)sort descending
7.007.00
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
7.007.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
3.503.50
Total cost (USD)sort descending
7.007.00
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
8.008.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
4.004.00
Total cost (USD)sort descending
8.008.00
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
7.997.99
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
4.004.00
Total cost (USD)sort descending
8.008.00
Firm
Xoom
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
7.997.99
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
4.004.00
Total cost (USD)sort descending
8.008.00
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
9.009.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
4.504.50
Total cost (USD)sort descending
9.009.00
Firm
Vigo
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
9.009.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
4.504.50
Total cost (USD)sort descending
9.009.00
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
9.999.99
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
5.005.00
Total cost (USD)sort descending
10.0010.00
Firm
Xoom
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
12.9912.99
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
6.506.50
Total cost (USD)sort descending
13.0013.00
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
15.0015.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
7.507.50
Total cost (USD)sort descending
15.0015.00
Total Average Second Quarter
4.034.03
Total Average First Quarter
4.034.03
Total Average
Fee
8.068.06
Exchange Rate Margin (%)
0.000.00
Total Cost Percent (%)
4.034.03
Total Cost (USD) Total Cost (USD)
8.078.07
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day 3-5 days
Bank account Cash
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (USD)sort descending
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
4.994.99
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.001.00
Total cost (USD)sort descending
5.005.00
Firm
Sigue Money Transfers
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
6.006.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.201.20
Total cost (USD)sort descending
6.006.00
Firm
Walmart2World
Firm type: Bank
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
7.007.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.401.40
Total cost (USD)sort descending
7.007.00
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
6.996.99
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.401.40
Total cost (USD)sort descending
7.007.00
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
7.007.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.401.40
Total cost (USD)sort descending
7.007.00
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
8.008.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.601.60
Total cost (USD)sort descending
8.008.00
Firm
Vigo
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
9.009.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.801.80
Total cost (USD)sort descending
9.009.00
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
8.998.99
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.801.80
Total cost (USD)sort descending
9.009.00
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
9.009.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.801.80
Total cost (USD)sort descending
9.009.00
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
9.999.99
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.002.00
Total cost (USD)sort descending
10.0010.00
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
10.9910.99
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.202.20
Total cost (USD)sort descending
11.0011.00
Firm
Xoom
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
10.9910.99
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.202.20
Total cost (USD)sort descending
11.0011.00
Firm
Xoom
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
22.9922.99
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
4.604.60
Total cost (USD)sort descending
23.0023.00
Firm
Envios 22-24
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
25.0025.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
5.005.00
Total cost (USD)sort descending
25.0025.00
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
42.0042.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
8.408.40
Total cost (USD)sort descending
42.0042.00
Total Average Second Quarter
2.522.52
Total Average First Quarter
2.292.29
Total Average
Fee
12.6012.60
Exchange Rate Margin (%)
0.000.00
Total Cost Percent (%)
2.522.52
Total Cost (USD) Total Cost (USD)
12.6012.60
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day 3-5 days
Bank account Cash
Least Costly Corridors To Nicaragua
Least Costly Corridors From United States
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