Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Invio di denaro CAMERUN a NIGERIA

Data collected on: Oct 30, 2020
CFA | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
La Velocità trasferimento è stata standardizzata in sei categorie
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 (%)
Il costo totale della transazione comprende la commissione applicata all'inviante e il margine applicato sul tasso di cambio.
Total cost (CFA)sort descendingTotal cost (USD)sort descending
Il costo totale della transazione comprende la commissione applicata all'inviante e il margine applicato sul tasso di cambio.
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Array
Medium
11,000.0023.66
3.11
Percentage difference between market reference rate 0.68 and exchange rate charged 0.66
3.11
14.9414.94
13,894.2029.88
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
13,110.0028.19
3.11
Percentage difference between market reference rate 0.68 and exchange rate charged 0.66
3.11
17.2117.21
16,005.3034.42
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3,327.007.15
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
3.583.58
3,329.407.16
Media totale Quarto Trimestre 2020
11.9111.91
Media totale Terzo Trimestre 2020
8.838.83
Media totale
Tassa
9,145.6719.67
Tasso di Cambio Margine (%)
2.072.07
Costo Totale Percentuale (%)
11.9111.91
Costo Totale Percentuale (CFA) Costo Totale Percentuale (USD)
11,076.3023.82
Operatori non trasparenti
Da contanti a contanti
meno di un'ora giorno successivo
Bank account Cash
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Array
Medium
17,500.0038.04
3.11
Percentage difference between market reference rate 0.68 and exchange rate charged 0.66
3.11
10.7210.72
24,656.0053.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
20,869.0045.37
3.11
Percentage difference between market reference rate 0.68 and exchange rate charged 0.66
3.11
12.1812.18
28,014.0060.90
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8,229.0017.89
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
3.583.58
8,234.0017.90
Media totale Quarto Trimestre 2020
8.838.83
Media totale Terzo Trimestre 2020
6.536.53
Media totale
Tassa
15,532.6733.77
Tasso di Cambio Margine (%)
2.072.07
Costo Totale Percentuale (%)
8.838.83
Costo Totale Percentuale (CFA) Costo Totale Percentuale (USD)
20,301.3344.13
Operatori non trasparenti
Da contanti a contanti
meno di un'ora giorno successivo
Bank account Cash