Remittance corridor · World Bank RPW · 2025Q1

Italy → Senegal

What it really costs to send money from Italy to Senegal, with the cheapest provider on record and the gap to the UN's 3% target.

8.7%
Average cost
0.9%
Cheapest · Poste Italiane via Western Union
13
Providers tracked

The verdict

At 8.7%, this corridor costs more than most, only 16% of tracked corridors are pricier, but the cheapest provider charges just 0.9% - switching saves about $15.60 on every $200 sent.

8.7%
average cost of a $200 transfer
+1.9pp
vs the 6.7% average of 322 corridors
+5.7pp
gap to the UN 3% target
$187/yr
saved by switching to the cheapest, 12 transfers

Compared against the 322 corridors we actually track, not a generic headline figure.

How Italy → Senegal compares

Average cost of a $200 transfer, percent, lower is cheaper

Italy → Senegal8.66%Cheapest provider0.86%322-corridor average6.71%World Bank global average6.4%UN SDG 10.c target3%

Source: World Bank Remittance Prices Worldwide (RPW); UN SDG 10.c As of 2025Q1

SDG 10.c progress (target: 3%) 52.8%
Cheapest

8.66% average - 5.7pp above target

Cost trend: Italy → Senegal

Average and cheapest cost of a $200 transfer over time, percent

-2%0%2%4%6%8%10% 2011Q32014Q12015Q42017Q32019Q22021Q12022Q42024Q32025Q1 8.66%0.86% CheapestAverage

Source: World Bank Remittance Prices Worldwide (RPW) As of 2025Q1

Sending Country

Italy
Europe
8.31%
Avg outbound cost
$12.4B
Total remittances sent
All corridors from Italy →

Receiving Country

Senegal
Sub-Saharan Africa
5.89%
Avg inbound cost
$3.8B
Total remittances received
All corridors to Senegal →

Nearby Corridors from Italy

Italy is one of the most connected sending markets in our data, with 18 tracked outbound corridors. The 8 below span the widest cost range, from the cheapest to send anywhere from Italy through to the most expensive.

# Destination Avg costCheapest
1 Kosovo 2.2% N/A
2 India 3.9% 0.5%
3 Philippines 5.1% 0.6%
4 Romania 5.1% 1.3%
5 Nigeria 5.7% 0.0%
6 Sri Lanka 6.5% 1.1%
7 Ethiopia 7.7% 4.3%
8 Ukraine 10.8% 0.7%

What the Italy → Senegal Data Tells Us

Sending money from Italy to Senegal currently costs an average of 8.66% of the transfer amount, according to World Bank Remittance Prices Worldwide (RPW) data as of 2025Q1. That is 1.9 percentage points above the 6.7% average of the 322 corridors we track, though still below the World Bank's reported global average of about 6.4%.

On the cheapest end of the market, Poste Italiane via Western Union delivers this corridor at 0.86% - the floor price a Italy-based sender can realistically access today. The full panel includes 13 tracked providers.

Annual corridor volume is not separately reported for this route in the current release, but reducing transfer costs on any route translates directly into more money reaching recipient households. Costs on this route have risen sharply, up 2.92 percentage points over the tracked period, a notable outlier since most tracked corridors have moved the other way.

Across the 52 quarters of World Bank RPW data on record for this corridor, the average cost has ranged from 3.7% to 8.7%, and 0 of those 52 quarters (0%) met the UN SDG 3% target outright. Quarter-to-quarter pricing has moved moderately (0.91pp standard deviation across the full record).

Frequently Asked Questions

How much does it cost to send money from Italy to Senegal?

The average cost to send money from Italy to Senegal is 8.66% of the transfer amount, based on World Bank RPW data as of 2025Q1. The cheapest available option is 0.86% via Poste Italiane via Western Union. Costs are calculated as a percentage of a $200 transfer and include both service fees and exchange rate margins.

What is the cheapest way to send money from Italy to Senegal?

Based on World Bank RPW data, the cheapest service for the Italy to Senegal corridor charges 0.86% - currently Poste Italiane via Western Union. A total of 13 providers are tracked on this corridor. Always compare rates directly with providers before sending, as prices change frequently.

Is the Italy to Senegal corridor meeting the UN SDG cost target?

Not yet. At 8.7%, this corridor sits 5.7 percentage points above the UN SDG 10.c target of 3% or below by 2030.

Source: World Bank, Remittance Prices Worldwide (RPW) Database (2011-2025) World Bank, Remittance Prices Worldwide (RPW) Database (2011-2025)

Every figure on PlainRemit is rendered directly from World Bank Remittance Prices Worldwide (RPW) data, no number is typed in by an editor. This page draws directly on World Bank Remittance Prices Worldwide (RPW) data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.