Remittance corridor · World Bank RPW · 2025Q3

Italy → Senegal

Provider panel is high-tercile (11 RPW providers) on Italy → Senegal - denser competition than the bulk of the corridor book.

7.9%
Average cost
0.4%
Cheapest · MoneyGram
11
Providers tracked

Provider-panel tercile vs fleet

RPW lists 11 providers on this corridor - above the fleet panel tercile (~9). Average cost is 7.9%.

#272 of 348
cheapest-cost corpus rank
7.9%
average cost of a $200 transfer
+0.7pp
vs the 7.3% average of 348 corridors
+4.9pp
gap to the UN 3% target

Compared against the 348 corridors in the 2025Q3 release, not a generic headline figure.

C-
Corridor Value Score
54/100
Italy to Senegal

Based on average cost, delivery speed, FX margin, provider competition, and cost trend from World Bank Remittance Prices Worldwide data, benchmarked against all 348 tracked corridors - not a quote or a prediction of what you will pay.

Cost F
7.90%
Average total cost, sending $200-equivalent
Speed F
1.2 days
Average delivery time, latest quarter
FX transparency A+
-0.01%
Exchange-rate margin above the mid-market rate
Competition A-
11 providers
Number of providers actively quoting this corridor
Cost trend B
-0.76pp
Change in average cost vs. the prior quarter

What changed

World Bank RPW release record: 2025Q1 to 2025Q3

  • Average transfer cost changed from 8.66% to 7.90% (-0.76 percentage points).
  • Lowest observed transfer cost changed from 0.86% to 0.41% (-0.45 percentage points).
  • Providers recorded by the source changed from 13 to 11 (-2 providers).
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Where this corridor sits by provider panel size

Italy → Senegal has 11 World Bank RPW providers among 377 tracked corridors (inventory signal, not a cost-quality ranking). Orthogonal to the cost comparison below.

Italy → Senegal vs all corridors by provider count

Where this corridor's RPW provider panel sits among every tracked route

11 74th of 377 higher than 303 of 377 corridors

Corridors, banded by RPW provider inventory

Each bar is a band; taller bars hold more corridors. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.

Source World Bank Remittance Prices Worldwide · 2026-08-10

How Italy → Senegal compares

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

Italy → Senegal7.9%Cheapest provider0.41%348-corridor average (2025Q3)7.25%World Bank global average6.4%UN SDG 10.c target3%

Source: World Bank Remittance Prices Worldwide (RPW); UN SDG 10.c As of 2025Q3

SDG 10.c progress (target: 3%) 59.1%
Cheapest

7.90% average - 4.9pp above target

Cost trend: Italy → Senegal

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

0%2%4%6%8%10% 2011Q32014Q12015Q42017Q32019Q22021Q12022Q42024Q32025Q3 7.9%0.41% CheapestAverage

Source: World Bank Remittance Prices Worldwide (RPW) As of 2025Q3

Sending Country

Italy
Europe & Central Asia
8.04%
Avg outbound cost
$13.9B
Total remittances sent
All corridors from Italy →

Receiving Country

Senegal
Sub-Saharan Africa
5.16%
Avg inbound cost
0
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.

#DestinationAvg costCheapest
1India4.2%0.4%
2Nigeria4.6%0.7%
3Philippines4.6%0.7%
4Romania4.8%1.3%
5Sri Lanka5.2%1.7%
6Tunisia5.7%1.8%
7Ethiopia5.8%2.4%
8China5.9%0.8%

World Bank RPW fee spread

Release 2025Q3 IT→SN

7.9% avg · 0.4% floor · 7.49pp spread on $200

  • AVG 7.9%
  • CHEAP 0.4%
  • SPREAD 7.49pp
  • SDG +4.9pp
  • RANK #272 of 348
  • REL 2025Q3
  • PANEL 11
New Zealand→Tonga7.89%United Kingdom→South Sudan7.95%Saudi Arabia→Ethiopia7.85%Italy→Senegal (this)7.9%
Cross-sender corridors nearest Italy → Senegal by average RPW cost (2025Q3)

Fee spread manifest for Italy → Senegal: entity-varying RPW stamps plus cross-sender ABS(avg_cost) peers from the current release. Compare corridors side-by-side →

Dense provider panel on Italy → Senegal

RPW records 11 providers on Italy → Senegal - above the fleet panel tercile (~9). Average cost is 7.90% on $200 sends.

That cheapest figure comes from the World Bank's mystery-shopping survey: trained researchers pose as customers and obtain real quotes for a standardized $200 transfer, across the 11 banks, money transfer operators, post offices and mobile-money providers RPW tracks on this corridor. It is a snapshot from that survey quarter, not a live guarantee -- confirm the current rate directly with the provider before sending.

Costs here have eased 0.76 percentage points over the tracked period, a real if modest gain for senders as competition increased. It sits 4.9 pp above the UN SDG 10.c 3% target.

Italy → Senegal Long-Track Cost Profile

This is a high-depth World Bank RPW corridor (53 quarterly average-cost readings) - enough history to measure how concentrated the cost path has been, not just the latest quarter. Peak average cost on record was 8.7% in 2025Q1; the trough was 3.7% in 2022Q2. That 5.01pp peak-to-trough span is the multi-year envelope thin-history corridors cannot show.

Across the full 53-quarter panel, 0 readings (0.0% share) landed at or under the UN SDG 3% target. Population standard deviation of the average-cost series is 0.957pp - a moderate swing band. From 2024Q2 to 2025Q3, the average cost rose 2.17pp (5.7% → 7.9%).

Among the 18 outbound corridors tracked from Italy, 10 currently post a lower average cost than this route and 8 post a higher one (this corridor sits at 7.9%). That peer-rank read is only honest once the sender book is deep enough - sparse zero-history routes skip it because sibling counts alone do not make a long RPW track record.

About Italy → Senegal data

PlainRemit compares international money-transfer costs across tracked corridors so you can see which routes and providers charge the least before you send money abroad. This corridor's figures are computed directly from the World Bank Remittance Prices Worldwide (RPW) quarterly survey, a mystery-shopping panel of actual transfer quotes for a standardized $200 transfer.

Average 7.90%; cheapest observed 0.41% via MoneyGram; 11 providers tracked across 53 RPW quarters; vintage 2026-08-10.

Frequently Asked Questions

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

Average 7.90% of the transfer amount (World Bank RPW, 2025Q3) - upper fleet tercile (above ~6.6%). Cheapest observed: 0.41% via MoneyGram.

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

Lowest RPW survey quote: 0.41% (MoneyGram). Panel is high-tercile with 11 providers tracked.

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

Not yet: 7.9% is 4.9pp above the UN SDG 10.c 3% target and in the upper fleet cost tercile.

Where does Italy → Senegal sit among tracked remittance corridors?

According to World Bank Remittance Prices Worldwide average cost among 348 tracked corridors on PlainRemit, Italy → Senegal ranks #272 of 348 (cheapest = #1). Ordinal uses latest_avg_cost ASC matching /rankings/cheapest. See /methodology#corpus-placement.

Source: World Bank, Remittance Prices Worldwide (RPW) Database (2011-2025). See our methodology for details.

Disclaimer: PlainRemit is for general informational purposes only, not financial, tax, or investment advice. PlainRemit is independent and not affiliated with or endorsed by the World Bank.