Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

ID
1207240580
Firm
MoneyGram
Date
Product
Sending locations
Speed actual
Inter LCU Bank FX Rate
2.21
Coverage
Coverage Send
Pick-up method
Agent
Standard note 2
1.- This branch was visit physically, not sign with exchanges rates was advertise, nor the cashier write down any info that was requested
2.- They do not provided the HTG rate, instead they provide with the amount the recipient will received in HTG
3.- The transactions are paid in DOP
4.- Recipients always receive in HTG
5.- Transfer Fees are in DOP (Dominican Republic Local currency)
6.- FX Rate (Calculated) DOP to HTG
7.- I found the Transfer fees high in comparison with the previous one (May 27, 2024), and the Agent reconfirm both amounts.
8.- The FX Rate included here is calculated, it was not given by MoneyGram (I took the HTG (AMOUNT THEY WILL RECEIVED) and divided by DOP (AMOUNT THAT I WILL SENT))
Transparent
yes
Period Start
Pick-up charge
no
Period end
Fee
571.80
Amount Fx Rate
2.14
Exchange rate margin (%)
3.17
Total cost percent (%)
8.37
Amount
10 988.00
Currency code
Currency received
Denomination Amount
200.00
Fee
1 428.39
Amount Fx Rate
2.15
Exchange rate margin (%)
2.68
Total cost percent (%)
7.88
Amount
27 469.00
Currency code
Currency received
Denomination Amount
500.00
pickup method new
Source
Dominican Republic
Destination
Haiti