Remittance Prices Worldwide

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Sending money from UNITED STATES to NIGERIA

Data collected on: May 08, 2019
Payment instrument
Access point
Sending network coverage
Receiving method
Transfast
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
2.64
Percentage difference between market reference rate 359.49 and exchange rate charged 350.00
2.64
2.642.64
5.285.28
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.97
Percentage difference between market reference rate 359.49 and exchange rate charged 348.82
2.97
2.972.97
5.945.94
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
3.94
Percentage difference between market reference rate 359.49 and exchange rate charged 345.34
3.94
3.943.94
7.887.88
Transferwise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.832.83
1.25
Percentage difference between market reference rate 359.49 and exchange rate charged 355.00
1.25
2.662.66
5.325.32
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.992.99
1.97
Percentage difference between market reference rate 359.49 and exchange rate charged 352.40
1.97
3.473.47
6.946.94
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.994.99
1.74
Percentage difference between market reference rate 359.48 and exchange rate charged 353.22
1.74
4.244.24
8.488.48
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.994.99
2.64
Percentage difference between market reference rate 359.50 and exchange rate charged 350.01
2.64
5.135.13
10.2610.26
Transfast
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
5.42
Percentage difference between market reference rate 359.49 and exchange rate charged 340.00
5.42
7.927.92
15.8415.84
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
1.97
Percentage difference between market reference rate 359.49 and exchange rate charged 352.40
1.97
4.474.47
8.948.94
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.005.00
1.97
Percentage difference between market reference rate 359.49 and exchange rate charged 352.40
1.97
4.474.47
8.948.94
Sigue Money Transfers
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.007.00
1.25
Percentage difference between market reference rate 359.49 and exchange rate charged 355.00
1.25
4.754.75
9.509.50
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
7.507.50
2.84
Percentage difference between market reference rate 359.49 and exchange rate charged 349.28
2.84
6.596.59
13.1813.18
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
1.50
Percentage difference between market reference rate 359.49 and exchange rate charged 354.11
1.50
5.505.50
11.0011.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
1.97
Percentage difference between market reference rate 359.49 and exchange rate charged 352.40
1.97
5.975.97
11.9411.94
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
10.0010.00
1.81
Percentage difference between market reference rate 359.50 and exchange rate charged 353.00
1.81
6.816.81
13.6213.62
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
10.9910.99
2.64
Percentage difference between market reference rate 359.50 and exchange rate charged 350.01
2.64
8.138.13
16.2616.26
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
12.0012.00
2.84
Percentage difference between market reference rate 359.49 and exchange rate charged 349.28
2.84
8.848.84
17.6817.68
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
12.0012.00
6.45
Percentage difference between market reference rate 359.49 and exchange rate charged 336.32
6.45
12.4512.45
24.9024.90
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
16.0016.00
2.84
Percentage difference between market reference rate 359.49 and exchange rate charged 349.28
2.84
10.8410.84
21.6821.68
Total Average Second Quarter
5.885.88
Total Average First Quarter
7.157.15
Total Average
Fee
6.446.44
Exchange Rate Margin (%)
2.672.67
Total Cost Percent (%)
5.885.88
Total Cost (USD) Total Cost (USD)
11.7711.77
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day 3-5 days
Bank account Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
Transfast
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
2.64
Percentage difference between market reference rate 359.49 and exchange rate charged 350.00
2.64
2.642.64
13.2013.20
Transferwise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.075.07
1.25
Percentage difference between market reference rate 359.49 and exchange rate charged 355.00
1.25
2.262.26
11.3011.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.87
Percentage difference between market reference rate 359.49 and exchange rate charged 349.17
2.87
2.872.87
14.3514.35
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.992.99
1.87
Percentage difference between market reference rate 359.49 and exchange rate charged 352.76
1.87
2.472.47
12.3512.35
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
3.94
Percentage difference between market reference rate 359.49 and exchange rate charged 345.34
3.94
3.943.94
19.7019.70
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
9.999.99
1.74
Percentage difference between market reference rate 359.48 and exchange rate charged 353.22
1.74
3.743.74
18.7018.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.007.00
1.87
Percentage difference between market reference rate 359.49 and exchange rate charged 352.76
1.87
3.273.27
16.3516.35
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.005.00
1.87
Percentage difference between market reference rate 359.49 and exchange rate charged 352.76
1.87
2.872.87
14.3514.35
Sigue Money Transfers
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.007.00
1.25
Percentage difference between market reference rate 359.49 and exchange rate charged 355.00
1.25
2.652.65
13.2513.25
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.994.99
2.64
Percentage difference between market reference rate 359.50 and exchange rate charged 350.01
2.64
3.643.64
18.2018.20
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
1.50
Percentage difference between market reference rate 359.49 and exchange rate charged 354.11
1.50
3.103.10
15.5015.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.008.00
1.87
Percentage difference between market reference rate 359.49 and exchange rate charged 352.76
1.87
3.473.47
17.3517.35
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
7.507.50
2.84
Percentage difference between market reference rate 359.49 and exchange rate charged 349.28
2.84
4.344.34
21.7021.70
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
20.0020.00
1.81
Percentage difference between market reference rate 359.50 and exchange rate charged 353.00
1.81
5.815.81
29.0529.05
Transfast
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
5.42
Percentage difference between market reference rate 359.49 and exchange rate charged 340.00
5.42
6.426.42
32.1032.10
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
25.9925.99
2.64
Percentage difference between market reference rate 359.50 and exchange rate charged 350.01
2.64
7.847.84
39.2039.20
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
12.0012.00
2.84
Percentage difference between market reference rate 359.49 and exchange rate charged 349.28
2.84
5.245.24
26.2026.20
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
27.0027.00
2.84
Percentage difference between market reference rate 359.49 and exchange rate charged 349.28
2.84
8.248.24
41.2041.20
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
14.0014.00
6.45
Percentage difference between market reference rate 359.49 and exchange rate charged 336.32
6.45
9.259.25
46.2546.25
Total Average Second Quarter
4.424.42
Total Average First Quarter
5.175.17
Total Average
Fee
8.928.92
Exchange Rate Margin (%)
2.642.64
Total Cost Percent (%)
4.424.42
Total Cost (USD) Total Cost (USD)
22.1222.12
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day 3-5 days
Bank account Cash Mobile wallet