SEND MONEY AFRICA

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Sending money from GERMANY to NIGERIA

Data collected on: Dec 18, 2017

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Bank Average
Fee
9.970.00
Exchange Rate Margin (%)
1.141.14
Total Cost Percent (%)
8.268.26
Total Cost (EUR) Total Cost (USD)
11.570.00
Total Average Dec 2017
7.897.89
Total Average Sep 2017
9.029.02
Money Transfer Operator Average
Fee
6.430.00
Exchange Rate Margin (%)
3.153.15
Total Cost Percent (%)
7.747.74
Total Cost (EUR) Total Cost (USD)
10.840.00
Bank / Money Transfer Operator Average
Fee
5.990.00
Exchange Rate Margin (%)
3.543.54
Total Cost Percent (%)
7.827.82
Total Cost (EUR) Total Cost (USD)
10.950.00
Total Average
Fee
7.350.00
Exchange Rate Margin (%)
2.642.64
Total Cost Percent (%)
7.897.89
Total Cost (EUR) Total Cost (USD)
11.050.00
Total Average in Sep 2017
Fee
8.010.00
Exchange Rate Margin (%)
3.313.31
Total Cost Percent (%)
9.029.02
Total Cost (EUR) Total Cost (USD)
12.630.00
Total Average Dec 2017
7.897.89
Total Average Sep 2017
9.029.02
Non-Transparent records
Bank account Card Cash Mobile On-line Prepaid card
Main city Major cities Nationwide Rural only Urban only
Less than one hour Same day Next day 2 days 3-5 days 6 days or more
Bank Average
Fee
13.300.00
Exchange Rate Margin (%)
1.141.14
Total Cost Percent (%)
5.005.00
Total Cost (EUR) Total Cost (USD)
17.240.00
Total Average Dec 2017
5.865.86
Total Average Sep 2017
6.816.81
Money Transfer Operator Average
Fee
9.930.00
Exchange Rate Margin (%)
3.153.15
Total Cost Percent (%)
6.036.03
Total Cost (EUR) Total Cost (USD)
20.790.00
Bank / Money Transfer Operator Average
Fee
12.990.00
Exchange Rate Margin (%)
3.543.54
Total Cost Percent (%)
7.307.30
Total Cost (EUR) Total Cost (USD)
25.190.00
Total Average
Fee
11.130.00
Exchange Rate Margin (%)
2.642.64
Total Cost Percent (%)
5.865.86
Total Cost (EUR) Total Cost (USD)
20.220.00
Total Average in Sep 2017
Fee
12.050.00
Exchange Rate Margin (%)
3.313.31
Total Cost Percent (%)
6.816.81
Total Cost (EUR) Total Cost (USD)
23.480.00
Total Average Dec 2017
5.865.86
Total Average Sep 2017
6.816.81
Non-Transparent records
Bank account Card Cash Mobile On-line Prepaid card
Main city Major cities Nationwide Rural only Urban only
Less than one hour Same day Next day 2 days 3-5 days 6 days or more