SEND MONEY AFRICA

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Sending money from ITALY to NIGERIA

Data collected on: Mar 27, 2018

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Bank Average
Fee
12.250.00
Exchange Rate Margin (%)
0.830.83
Total Cost Percent (%)
9.589.58
Total Cost (EUR) Total Cost (USD)
13.420.00
Total Average Mar 2018
7.787.78
Total Average Dec 2017
7.807.80
Money Transfer Operator Average
Fee
4.540.00
Exchange Rate Margin (%)
3.553.55
Total Cost Percent (%)
6.796.79
Total Cost (EUR) Total Cost (USD)
9.500.00
Money Transfer Operator / Post office Average
Fee
7.400.00
Exchange Rate Margin (%)
3.253.25
Total Cost Percent (%)
8.548.54
Total Cost (EUR) Total Cost (USD)
11.960.00
Bank / Money Transfer Operator Average
Fee
5.990.00
Exchange Rate Margin (%)
3.413.41
Total Cost Percent (%)
7.697.69
Total Cost (EUR) Total Cost (USD)
10.770.00
Total Average
Fee
7.050.00
Exchange Rate Margin (%)
2.742.74
Total Cost Percent (%)
7.787.78
Total Cost (EUR) Total Cost (USD)
10.890.00
Total Average in Dec 2017
Fee
7.160.00
Exchange Rate Margin (%)
2.692.69
Total Cost Percent (%)
7.807.80
Total Cost (EUR) Total Cost (USD)
10.920.00
Total Average Mar 2018
7.787.78
Total Average Dec 2017
7.807.80
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 (%)
0.830.83
Total Cost Percent (%)
5.185.18
Total Cost (EUR) Total Cost (USD)
17.870.00
Total Average Mar 2018
5.705.70
Total Average Dec 2017
5.695.69
Money Transfer Operator Average
Fee
7.140.00
Exchange Rate Margin (%)
3.553.55
Total Cost Percent (%)
5.625.62
Total Cost (EUR) Total Cost (USD)
19.380.00
Money Transfer Operator / Post office Average
Fee
12.800.00
Exchange Rate Margin (%)
3.253.25
Total Cost Percent (%)
6.966.96
Total Cost (EUR) Total Cost (USD)
24.010.00
Bank / Money Transfer Operator Average
Fee
12.990.00
Exchange Rate Margin (%)
3.413.41
Total Cost Percent (%)
7.187.18
Total Cost (EUR) Total Cost (USD)
24.770.00
Total Average
Fee
10.210.00
Exchange Rate Margin (%)
2.742.74
Total Cost Percent (%)
5.705.70
Total Cost (EUR) Total Cost (USD)
19.660.00
Total Average in Dec 2017
Fee
10.350.00
Exchange Rate Margin (%)
2.692.69
Total Cost Percent (%)
5.695.69
Total Cost (EUR) Total Cost (USD)
19.640.00
Total Average Mar 2018
5.705.70
Total Average Dec 2017
5.695.69
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