Remittance Prices Worldwide

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Sending money from UNITED STATES to NIGERIA

Data collected on: Jul 31, 2020
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
Medium
0.000.00
2.02
Percentage difference between market reference rate 388.13 and exchange rate charged 380.28
2.02
2.022.02
4.044.04
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
2.07
Percentage difference between market reference rate 388.13 and exchange rate charged 380.09
2.07
2.072.07
4.144.14
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.001.00
2.07
Percentage difference between market reference rate 388.13 and exchange rate charged 380.09
2.07
2.572.57
5.145.14
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.001.00
2.07
Percentage difference between market reference rate 388.13 and exchange rate charged 380.09
2.07
2.572.57
5.145.14
Transferwise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
3.233.23
1.58
Percentage difference between market reference rate 388.13 and exchange rate charged 382.00
1.58
3.193.19
6.386.38
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
2.07
Percentage difference between market reference rate 388.13 and exchange rate charged 380.09
2.07
4.574.57
9.149.14
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.994.99
2.07
Percentage difference between market reference rate 388.13 and exchange rate charged 380.09
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
2.07
Percentage difference between market reference rate 388.13 and exchange rate charged 380.09
2.07
4.574.57
9.149.14
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
7.507.50
2.07
Percentage difference between market reference rate 388.13 and exchange rate charged 380.09
2.07
5.825.82
11.6411.64
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
8.008.00
1.83
Percentage difference between market reference rate 388.13 and exchange rate charged 381.05
1.83
5.835.83
11.6611.66
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.994.99
3.60
Percentage difference between market reference rate 388.13 and exchange rate charged 374.15
3.60
6.106.10
12.2012.20
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.995.99
3.60
Percentage difference between market reference rate 388.13 and exchange rate charged 374.15
3.60
6.606.60
13.2013.20
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
2.81
Percentage difference between market reference rate 388.13 and exchange rate charged 377.23
2.81
7.807.80
15.6015.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
3.30
Percentage difference between market reference rate 388.13 and exchange rate charged 375.32
3.30
8.308.30
16.6016.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.007.00
7.08
Percentage difference between market reference rate 388.13 and exchange rate charged 360.65
7.08
10.5810.58
21.1621.16
Total Average Third Quarter
5.145.14
Total Average Second Quarter
7.347.34
Total Average
Fee
4.914.91
Exchange Rate Margin (%)
2.692.69
Total Cost Percent (%)
5.145.14
Total Cost (USD) Total Cost (USD)
10.2910.29
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day 3-5 days
Bank account Cash
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
Medium
0.000.00
2.02
Percentage difference between market reference rate 388.13 and exchange rate charged 380.28
2.02
2.022.02
10.1010.10
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
2.07
Percentage difference between market reference rate 388.13 and exchange rate charged 380.09
2.07
2.072.07
10.3510.35
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.502.50
2.07
Percentage difference between market reference rate 388.13 and exchange rate charged 380.09
2.07
2.572.57
12.8512.85
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.502.50
2.07
Percentage difference between market reference rate 388.13 and exchange rate charged 380.09
2.07
2.572.57
12.8512.85
Transferwise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
6.086.08
1.58
Percentage difference between market reference rate 388.13 and exchange rate charged 382.00
1.58
2.802.80
14.0014.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
2.07
Percentage difference between market reference rate 388.13 and exchange rate charged 380.09
2.07
3.073.07
15.3515.35
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.995.99
2.07
Percentage difference between market reference rate 388.13 and exchange rate charged 380.09
2.07
3.273.27
16.3516.35
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
8.008.00
1.83
Percentage difference between market reference rate 388.13 and exchange rate charged 381.05
1.83
3.433.43
17.1517.15
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
7.507.50
2.07
Percentage difference between market reference rate 388.13 and exchange rate charged 380.09
2.07
3.573.57
17.8517.85
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
9.999.99
2.07
Percentage difference between market reference rate 388.13 and exchange rate charged 380.09
2.07
4.074.07
20.3520.35
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.994.99
3.60
Percentage difference between market reference rate 388.13 and exchange rate charged 374.15
3.60
4.604.60
23.0023.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
2.81
Percentage difference between market reference rate 388.13 and exchange rate charged 377.23
2.81
4.814.81
24.0524.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.999.99
3.30
Percentage difference between market reference rate 388.13 and exchange rate charged 375.32
3.30
5.305.30
26.5026.50
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
10.4910.49
3.60
Percentage difference between market reference rate 388.13 and exchange rate charged 374.15
3.60
5.705.70
28.5028.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.009.00
6.98
Percentage difference between market reference rate 388.13 and exchange rate charged 361.03
6.98
8.788.78
43.9043.90
Total Average Third Quarter
3.913.91
Total Average Second Quarter
5.955.95
Total Average
Fee
6.136.13
Exchange Rate Margin (%)
2.682.68
Total Cost Percent (%)
3.913.91
Total Cost (USD) Total Cost (USD)
19.5419.54
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day 3-5 days
Bank account Cash