SEND MONEY AFRICA

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Sending money from ITALY to NIGERIA

Data collected on: Dec 19, 2017

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Bank Average
Fee
12.250.00
Exchange Rate Margin (%)
0.870.87
Total Cost Percent (%)
9.629.62
Total Cost (EUR) Total Cost (USD)
13.470.00
Total Average Dec 2017
7.807.80
Total Average Sep 2017
7.337.33
Money Transfer Operator Average
Fee
4.720.00
Exchange Rate Margin (%)
3.423.42
Total Cost Percent (%)
6.796.79
Total Cost (EUR) Total Cost (USD)
9.510.00
Money Transfer Operator / Post office Average
Fee
7.400.00
Exchange Rate Margin (%)
3.473.47
Total Cost Percent (%)
8.768.76
Total Cost (EUR) Total Cost (USD)
12.260.00
Bank / Money Transfer Operator Average
Fee
5.990.00
Exchange Rate Margin (%)
3.383.38
Total Cost Percent (%)
7.667.66
Total Cost (EUR) Total Cost (USD)
10.720.00
Total Average
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 in Sep 2017
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 Dec 2017
7.807.80
Total Average Sep 2017
7.337.33
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 (%)
0.870.87
Total Cost Percent (%)
5.225.22
Total Cost (EUR) Total Cost (USD)
18.010.00
Total Average Dec 2017
5.695.69
Total Average Sep 2017
5.225.22
Money Transfer Operator Average
Fee
7.390.00
Exchange Rate Margin (%)
3.423.42
Total Cost Percent (%)
5.565.56
Total Cost (EUR) Total Cost (USD)
19.180.00
Money Transfer Operator / Post office Average
Fee
12.800.00
Exchange Rate Margin (%)
3.473.47
Total Cost Percent (%)
7.187.18
Total Cost (EUR) Total Cost (USD)
24.770.00
Bank / Money Transfer Operator Average
Fee
12.990.00
Exchange Rate Margin (%)
3.383.38
Total Cost Percent (%)
7.147.14
Total Cost (EUR) Total Cost (USD)
24.630.00
Total Average
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 in Sep 2017
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 Dec 2017
5.695.69
Total Average Sep 2017
5.225.22
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