SEND MONEY AFRICA

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Sending money from UNITED KINGDOM to NIGERIA

Data collected on: Sep 25, 2017

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Money Transfer Operator Average
Fee
4.100.00
Exchange Rate Margin (%)
2.582.58
Total Cost Percent (%)
6.006.00
Total Cost (GBP) Total Cost (USD)
7.200.00
Total Average Sep 2017
5.865.86
Total Average Dec 2016
4.984.98
Bank / Money Transfer Operator Average
Fee
1.990.00
Exchange Rate Margin (%)
2.182.18
Total Cost Percent (%)
3.843.84
Total Cost (GBP) Total Cost (USD)
4.610.00
Total Average
Fee
3.960.00
Exchange Rate Margin (%)
2.552.55
Total Cost Percent (%)
5.865.86
Total Cost (GBP) Total Cost (USD)
7.030.00
Total Average in Dec 2016
Fee
5.800.00
Exchange Rate Margin (%)
0.140.14
Total Cost Percent (%)
4.984.98
Total Cost (GBP) Total Cost (USD)
5.970.00
Total Average Sep 2017
5.865.86
Total Average Dec 2016
4.984.98
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
Money Transfer Operator Average
Fee
6.980.00
Exchange Rate Margin (%)
2.582.58
Total Cost Percent (%)
4.914.91
Total Cost (GBP) Total Cost (USD)
14.720.00
Total Average Sep 2017
4.794.79
Total Average Dec 2016
3.333.33
Bank / Money Transfer Operator Average
Fee
2.990.00
Exchange Rate Margin (%)
2.182.18
Total Cost Percent (%)
3.183.18
Total Cost (GBP) Total Cost (USD)
9.540.00
Total Average
Fee
6.710.00
Exchange Rate Margin (%)
2.552.55
Total Cost Percent (%)
4.794.79
Total Cost (GBP) Total Cost (USD)
14.380.00
Total Average in Dec 2016
Fee
9.550.00
Exchange Rate Margin (%)
0.140.14
Total Cost Percent (%)
3.333.33
Total Cost (GBP) Total Cost (USD)
9.980.00
Total Average Sep 2017
4.794.79
Total Average Dec 2016
3.333.33
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