Corridor Comparison
Side-by-side metrics for two remittance corridors · World Bank RPW data
| Metric | Italy → Bangladesh | Italy → Philippines |
|---|---|---|
| Corridor | Italy → Bangladesh | Italy → Philippines |
| Average cost | 10.32% | 5.10% |
| Cheapest cost | 1.28% | 0.64% |
| Cheapest provider | National Exchange Company | Poste Italiane via Western Union |
| Providers tracked | 15 | 13 |
| Annual volume | - | $1.8B |
| Latest quarter | 2025Q1 | 2025Q1 |
What the Comparison Shows
The Italy → Bangladesh corridor currently averages 10.32%, while the Italy → Philippines corridor averages 5.10%. That makes the Italy → Philippines corridor roughly 5.2 percentage points cheaper on average. Cheapest-provider floors tell a similar story: National Exchange Company delivers Bangladesh at 1.28%, against Poste Italiane via Western Union on the Philippines route at 0.64%.
Comparing corridors is most useful when a sender is choosing between destinations where the recipient has multiple payout options, or when an employer evaluates payroll routes for remote staff. For personal transfers, the practical takeaway is the same on every corridor, shop the cheapest provider, account for both fees and FX margin, and prefer mobile-wallet or bank-deposit payouts where available.
Data source: Source: World Bank Remittance Prices Worldwide (RPW) Database, quarterly release. Costs represent percentage of a $200 transfer amount.
Methodology reference: Source: UN Sustainable Development Goal 10.c target, reduce remittance transaction costs to below 3% by 2030.