SEND MONEY AFRICA

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Sending money from ITALY to NIGERIA

Data collected on: Sep 26, 2017

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Bank Average
Fee
12.250.00
Exchange Rate Margin (%)
0.740.74
Total Cost Percent (%)
9.499.49
Total Cost (EUR) Total Cost (USD)
13.280.00
Total Average Sep 2017
7.337.33
Total Average Dec 2016
5.545.54
Money Transfer Operator Average
Fee
4.720.00
Exchange Rate Margin (%)
2.782.78
Total Cost Percent (%)
6.166.16
Total Cost (EUR) Total Cost (USD)
8.620.00
Money Transfer Operator / Post office Average
Fee
7.400.00
Exchange Rate Margin (%)
2.922.92
Total Cost Percent (%)
8.218.21
Total Cost (EUR) Total Cost (USD)
11.490.00
Bank / Money Transfer Operator Average
Fee
5.990.00
Exchange Rate Margin (%)
2.932.93
Total Cost Percent (%)
7.217.21
Total Cost (EUR) Total Cost (USD)
10.090.00
Total Average
Fee
7.160.00
Exchange Rate Margin (%)
2.222.22
Total Cost Percent (%)
7.337.33
Total Cost (EUR) Total Cost (USD)
10.260.00
Total Average in Dec 2016
Fee
7.750.00
Exchange Rate Margin (%)
0.000.00
Total Cost Percent (%)
5.545.54
Total Cost (EUR) Total Cost (USD)
7.760.00
Total Average Sep 2017
7.337.33
Total Average Dec 2016
5.545.54
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
15.000.00
Exchange Rate Margin (%)
0.740.74
Total Cost Percent (%)
5.095.09
Total Cost (EUR) Total Cost (USD)
17.540.00
Total Average Sep 2017
5.225.22
Total Average Dec 2016
3.283.28
Money Transfer Operator Average
Fee
7.390.00
Exchange Rate Margin (%)
2.782.78
Total Cost Percent (%)
4.934.93
Total Cost (EUR) Total Cost (USD)
16.990.00
Money Transfer Operator / Post office Average
Fee
12.800.00
Exchange Rate Margin (%)
2.922.92
Total Cost Percent (%)
6.636.63
Total Cost (EUR) Total Cost (USD)
22.870.00
Bank / Money Transfer Operator Average
Fee
12.990.00
Exchange Rate Margin (%)
2.932.93
Total Cost Percent (%)
6.706.70
Total Cost (EUR) Total Cost (USD)
23.120.00
Total Average
Fee
10.350.00
Exchange Rate Margin (%)
2.222.22
Total Cost Percent (%)
5.225.22
Total Cost (EUR) Total Cost (USD)
18.010.00
Total Average in Dec 2016
Fee
11.310.00
Exchange Rate Margin (%)
0.000.00
Total Cost Percent (%)
3.283.28
Total Cost (EUR) Total Cost (USD)
11.320.00
Total Average Sep 2017
5.225.22
Total Average Dec 2016
3.283.28
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