SEND MONEY AFRICA

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Sending money from NETHERLANDS to MOROCCO

Data collected on: Jun 27, 2018

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Firm
Product
Fee
Exchange Rate Margin (%)
Total Cost Percent (%)
Total Cost (EUR)Total Cost (USD)
Amount Receivedsort descending
Transfer Speed
Network Coverage
Firm
Western Union
Product
Fee
10.00
Exchange Rate Margin (%)
4.28
4.28
Total Cost Percent (%)
11.4211.42
Total Cost (EUR)Total Cost (USD)
15.99
Amount Receivedsort descending
1,379.30
Transfer Speed
Network Coverage
Firm
MoneyTrans
Product
Fee
8.00
Exchange Rate Margin (%)
4.82
4.82
Total Cost Percent (%)
10.5310.53
Total Cost (EUR)Total Cost (USD)
14.74
Amount Receivedsort descending
1,392.60
Transfer Speed
Network Coverage
Firm
MoneyGram
Product
Fee
10.00
Exchange Rate Margin (%)
2.31
2.31
Total Cost Percent (%)
9.459.45
Total Cost (EUR)Total Cost (USD)
13.23
Amount Receivedsort descending
1,407.67
Transfer Speed
Network Coverage
Firm
Western Union
Product
Fee
4.90
Exchange Rate Margin (%)
2.48
2.48
Total Cost Percent (%)
5.985.98
Total Cost (EUR)Total Cost (USD)
8.37
Amount Receivedsort descending
1,460.27
Transfer Speed
Network Coverage
Firm
Attijariwafa Bank
Product
Fee
2.50
Exchange Rate Margin (%)
1.66
1.66
Total Cost Percent (%)
3.453.45
Total Cost (EUR)Total Cost (USD)
4.83
Amount Receivedsort descending
1,498.75
Transfer Speed
Network Coverage
Firm
WorldRemit
Product
Fee
1.99
Exchange Rate Margin (%)
2.02
2.02
Total Cost Percent (%)
3.443.44
Total Cost (EUR)Total Cost (USD)
4.82
Amount Receivedsort descending
1,498.79
Transfer Speed
Network Coverage
Firm
Western Union
Product
Fee
0.00
Exchange Rate Margin (%)
0.64
0.64
Total Cost Percent (%)
0.640.64
Total Cost (EUR)Total Cost (USD)
0.90
Amount Receivedsort descending
1,541.90
Transfer Speed
Network Coverage
Firm
This firm is not transparent: the amount to be received in local currency was not quoted. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not known by the sender at the time of sending. ·
Rabobank
Product
Fee
7.00
Exchange Rate Margin (%)
0.00
0.00
Total Cost Percent (%)
5.005.00
Total Cost (EUR)Total Cost (USD)
7.00
Amount Receivedsort descending
133.00
Transfer Speed
Network Coverage
Firm
This firm is not transparent: the amount to be received in local currency was not quoted. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not known by the sender at the time of sending. ·
ING Bank/Postbank
Product
Fee
6.00
Exchange Rate Margin (%)
0.00
0.00
Total Cost Percent (%)
4.294.29
Total Cost (EUR)Total Cost (USD)
6.01
Amount Receivedsort descending
134.00
Transfer Speed
Network Coverage
Firm
This firm is not transparent: the amount to be received in local currency was not quoted. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not known by the sender at the time of sending. ·
ABN AMRO Bank
Product
Fee
5.50
Exchange Rate Margin (%)
0.00
0.00
Total Cost Percent (%)
3.933.93
Total Cost (EUR)Total Cost (USD)
5.50
Amount Receivedsort descending
134.50
Transfer Speed
Network Coverage
Bank Average
Fee
4.670.00
Exchange Rate Margin (%)
0.550.55
Total Cost Percent (%)
3.893.89
Total Cost (EUR) Total Cost (USD)
5.450.00
Total Average Jun 2018
5.815.81
Total Average Mar 2018
6.116.11
Money Transfer Operator Average
Fee
6.380.00
Exchange Rate Margin (%)
1.941.94
Total Cost Percent (%)
6.506.50
Total Cost (EUR) Total Cost (USD)
9.100.00
Money Transfer Operator / Post office Average
Fee
8.000.00
Exchange Rate Margin (%)
4.824.82
Total Cost Percent (%)
10.5310.53
Total Cost (EUR) Total Cost (USD)
14.740.00
Bank / Money Transfer Operator Average
Fee
1.990.00
Exchange Rate Margin (%)
2.022.02
Total Cost Percent (%)
3.443.44
Total Cost (EUR) Total Cost (USD)
4.820.00
Total Average
Fee
5.590.00
Exchange Rate Margin (%)
1.821.82
Total Cost Percent (%)
5.815.81
Total Cost (EUR) Total Cost (USD)
8.140.00
Total Average in Mar 2018
Fee
5.970.00
Exchange Rate Margin (%)
1.841.84
Total Cost Percent (%)
6.116.11
Total Cost (EUR) Total Cost (USD)
8.550.00
Total Average Jun 2018
5.815.81
Total Average Mar 2018
6.116.11
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
Firm
Product
Fee
Exchange Rate Margin (%)
Total Cost Percent (%)
Total Cost (EUR)Total Cost (USD)
Amount Received
Transfer Speed
Network Coverage
Firm
Western Union
Product
Fee
0.00
Exchange Rate Margin (%)
0.64
0.64
Total Cost Percent (%)
0.640.64
Total Cost (EUR)Total Cost (USD)
2.21
Amount Received
3,799.69
Transfer Speed
Network Coverage
Firm
WorldRemit
Product
Fee
2.99
Exchange Rate Margin (%)
2.02
2.02
Total Cost Percent (%)
2.892.89
Total Cost (EUR)Total Cost (USD)
9.97
Amount Received
3,714.23
Transfer Speed
Network Coverage
Firm
Attijariwafa Bank
Product
Fee
2.50
Exchange Rate Margin (%)
1.66
1.66
Total Cost Percent (%)
2.382.38
Total Cost (EUR)Total Cost (USD)
8.21
Amount Received
3,733.25
Transfer Speed
Network Coverage
Firm
Western Union
Product
Fee
4.90
Exchange Rate Margin (%)
2.48
2.48
Total Cost Percent (%)
3.903.90
Total Cost (EUR)Total Cost (USD)
13.46
Amount Received
3,676.07
Transfer Speed
Network Coverage
Firm
MoneyGram
Product
Fee
11.90
Exchange Rate Margin (%)
2.31
2.31
Total Cost Percent (%)
5.765.76
Total Cost (EUR)Total Cost (USD)
19.87
Amount Received
3,606.87
Transfer Speed
Network Coverage
Firm
MoneyTrans
Product
Fee
10.00
Exchange Rate Margin (%)
4.82
4.82
Total Cost Percent (%)
7.727.72
Total Cost (EUR)Total Cost (USD)
26.63
Amount Received
3,534.25
Transfer Speed
Network Coverage
Firm
Western Union
Product
Fee
12.00
Exchange Rate Margin (%)
4.28
4.28
Total Cost Percent (%)
7.757.75
Total Cost (EUR)Total Cost (USD)
26.74
Amount Received
3,533.13
Transfer Speed
Network Coverage
Firm
This firm is not transparent: the amount to be received in local currency was not quoted. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not known by the sender at the time of sending. ·
ABN AMRO Bank
Product
Fee
5.50
Exchange Rate Margin (%)
0.00
0.00
Total Cost Percent (%)
1.591.59
Total Cost (EUR)Total Cost (USD)
5.49
Amount Received
339.50
Transfer Speed
Network Coverage
Firm
This firm is not transparent: the amount to be received in local currency was not quoted. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not known by the sender at the time of sending. ·
ING Bank/Postbank
Product
Fee
6.00
Exchange Rate Margin (%)
0.00
0.00
Total Cost Percent (%)
1.741.74
Total Cost (EUR)Total Cost (USD)
6.00
Amount Received
339.00
Transfer Speed
Network Coverage
Firm
This firm is not transparent: the amount to be received in local currency was not quoted. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not known by the sender at the time of sending. ·
Rabobank
Product
Fee
7.00
Exchange Rate Margin (%)
0.00
0.00
Total Cost Percent (%)
2.032.03
Total Cost (EUR)Total Cost (USD)
7.00
Amount Received
338.00
Transfer Speed
Network Coverage
Bank Average
Fee
4.670.00
Exchange Rate Margin (%)
0.550.55
Total Cost Percent (%)
1.901.90
Total Cost (EUR) Total Cost (USD)
6.570.00
Total Average Jun 2018
3.643.64
Total Average Mar 2018
3.893.89
Money Transfer Operator Average
Fee
7.160.00
Exchange Rate Margin (%)
1.941.94
Total Cost Percent (%)
4.024.02
Total Cost (EUR) Total Cost (USD)
13.860.00
Money Transfer Operator / Post office Average
Fee
10.000.00
Exchange Rate Margin (%)
4.824.82
Total Cost Percent (%)
7.727.72
Total Cost (EUR) Total Cost (USD)
26.630.00
Bank / Money Transfer Operator Average
Fee
2.990.00
Exchange Rate Margin (%)
2.022.02
Total Cost Percent (%)
2.892.89
Total Cost (EUR) Total Cost (USD)
9.970.00
Total Average
Fee
6.280.00
Exchange Rate Margin (%)
1.821.82
Total Cost Percent (%)
3.643.64
Total Cost (EUR) Total Cost (USD)
12.560.00
Total Average in Mar 2018
Fee
7.060.00
Exchange Rate Margin (%)
1.841.84
Total Cost Percent (%)
3.893.89
Total Cost (EUR) Total Cost (USD)
13.410.00
Total Average Jun 2018
3.643.64
Total Average Mar 2018
3.893.89
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
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