Sending money to Rwanda from United Kingdom
Remitly
£30.53
Every provider, ranked at £120
| Provider | Type | Fee | FX margin | Total cost | % of transfer |
|---|---|---|---|---|---|
| Remitly | Money Transfer Operator | £0.00 | £2.39 | £2.39 | 1.99% |
| WorldRemit | Money Transfer Operator | £0.00 | £2.71 | £2.71 | 2.26% |
| Western Union | Money Transfer Operator | £2.99 | £3.17 | £6.16 | 5.13% |
| Ria | Money Transfer Operator | £6.00 | £3.32 | £9.32 | 7.77% |
| MoneyGram | Money Transfer Operator | £4.99 | £4.55 | £9.54 | 7.95% |
| CashMinute | Money Transfer Operator | £2.00 | £30.92 | £32.92 | 27.44% |
How to read these numbers
The cost of a transfer is the fee plus the margin the provider takes on the exchange rate. The margin is invisible at the counter: you are quoted a rate, not the difference between that rate and the interbank one, so a "free" transfer can quietly cost more than one with a fee attached. Both are separated in the table above.
Percentages fall as the amount rises wherever a provider charges a flat fee, which is why the same provider can be the cheapest at one amount and not at another. That is exactly what the calculator is for — the ranking above is computed at your amount, not at a fixed one.
