Remittance corridor · World Bank RPW · 2021Q4
Russia → Ukraine
Provider panel is low-tercile (2 RPW providers) on Russia → Ukraine - a thin survey panel versus denser routes.
- 4.3%
- Average cost
- 1.6%
- Cheapest · Paysend
- 2
- Providers tracked
How the 4.3% average cost breaks down
World Bank RPW splits total remittance cost into the provider's transaction fee and the exchange-rate margin applied to the transfer. Same 2021Q4 figures as the detail table below.
The verdict
The World Bank last surveyed Russia → Ukraine in 2021Q4, and has not priced it since. Every figure on this page is that observation, so we do not rank this corridor against the 2025Q3 release: a 4.3% reading from then is not a like-for-like comparison with corridors priced years later.
- 2021Q4
- last surveyed quarter
- 4.3%
- average cost of a $200 transfer, as of 2021Q4
- Not ranked
- outside the 2025Q3 corpus ranking
- Paysend
- cheapest provider recorded in 2021Q4
Held for the historical record. Live rankings use only the 2025Q3 release.
What changed
World Bank RPW release record: 2021Q3 to 2021Q4
- Average transfer cost changed from 4.00% to 4.30% (+0.30 percentage points).
- Lowest observed transfer cost changed from 1.76% to 1.64% (-0.12 percentage points).
Subscribe to this corridor's cost changes (RSS) — one item per World Bank RPW release, no account or email required.
Where this corridor sits by provider panel size
Russia → Ukraine has 2 World Bank RPW providers among 377 tracked corridors (inventory signal, not a cost-quality ranking). Orthogonal to the cost comparison below.
Russia → Ukraine vs all corridors by provider count
Where this corridor's RPW provider panel sits among every tracked route
2 370th of 377 higher than 7 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 Russia → Ukraine compares
Average cost of a $200 transfer, percent, lower is cheaper
4.30% average - 1.3pp above target
Cost trend: Russia → Ukraine
Average and cheapest cost of a $200 transfer over time, percent
Sending Country
Nearby Corridors from Russia
Russia is one of the most connected sending markets in our data, with 12 tracked outbound corridors. The 8 below span the widest cost range, from the cheapest to send anywhere from Russia through to the most expensive.
| # | Destination | Avg cost | Cheapest |
|---|---|---|---|
| 1 | Kyrgyzstan | 0.9% | 0.0% |
| 2 | Belarus | 1.2% | 0.9% |
| 3 | Kazakhstan | 1.5% | 0.9% |
| 4 | Moldova | 1.6% | 0.9% |
| 5 | Azerbaijan | 1.8% | 1.0% |
| 6 | Armenia | 1.8% | 1.3% |
| 7 | Georgia | 1.9% | 0.9% |
| 8 | Tajikistan | 2.1% | 0.9% |
World Bank RPW fee spread
Release 2021Q4 RU→UA
4.3% avg · 1.6% floor · 2.66pp spread on $200
- AVG 4.3%
- CHEAP 1.6%
- SPREAD 2.66pp
- SDG +1.3pp
- REL 2021Q4
- PANEL 2
Fee spread manifest for Russia → Ukraine: entity-varying RPW stamps plus cross-sender ABS(avg_cost) peers from the current release. Compare corridors side-by-side →
Thin provider panel on Russia → Ukraine
RPW records only 2 providers on Russia → Ukraine - below the fleet panel tercile (~6). Average cost is 4.30%.
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 2 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 on this route have stayed essentially flat, moving 0.30 percentage points over the tracked period, unusual stability against the broader downward trend seen on most corridors. Across 40 quarters on record, average cost ranged 1.0%–4.3%, with 37 quarters at or under the UN 3% target. It sits 1.3 pp above the UN SDG 10.c 3% target.
About Russia → Ukraine 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 4.30%; cheapest observed 1.64% via Paysend; 2 providers tracked across 40 RPW quarters; vintage 2026-08-10.
Frequently Asked Questions
How much does it cost to send money from Russia to Ukraine?
Average 4.30% of the transfer amount (World Bank RPW, 2021Q4). Cheapest observed: 1.64% via Paysend.
What is the cheapest way to send money from Russia to Ukraine?
Lowest RPW survey quote: 1.64% (Paysend). Panel is low-tercile with only 2 providers tracked.
Is the Russia to Ukraine corridor meeting the UN SDG cost target?
Not yet: 4.3% is 1.3pp above the UN SDG 10.c 3% target.
Read our methodology - how this data is sourced, computed, and verified.