Remittance corridor · World Bank RPW · 2025Q3

United Kingdom → Eritrea

Average cost sits in the upper fleet tercile at 8.4% on this United Kingdom → Eritrea route - senders pay more than typical RPW-tracked corridors.

8.4%
Average cost
4.2%
Cheapest · TalkRemit
6
Providers tracked

How the 8.4% 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 2025Q3 figures as the detail table below.

Corridor-cost tercile vs fleet

United Kingdom → Eritrea posts 8.4% average cost, above the fleet upper tercile (~6.6%), ranking #283 of 348. Cheapest tracked floor: 4.2% via TalkRemit.

#283 of 348
cheapest-cost corpus rank
8.4%
average cost of a $200 transfer
+1.2pp
vs the 7.3% average of 348 corridors
+5.4pp
gap to the UN 3% target

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

F
Corridor Value Score
25/100
United Kingdom to Eritrea

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
8.42%
Average total cost, sending $200-equivalent
Speed D
Same day
Average delivery time, latest quarter
FX transparency F
4.73%
Exchange-rate margin above the mid-market rate
Competition F
6 providers
Number of providers actively quoting this corridor
Cost trend F
+1.15pp
Change in average cost vs. the prior quarter

What changed

World Bank RPW release record: 2025Q1 to 2025Q3

  • Average transfer cost changed from 7.27% to 8.42% (+1.15 percentage points).
  • Lowest observed transfer cost changed from 3.86% to 4.19% (+0.33 percentage points).
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Where this corridor sits by provider panel size

United Kingdom → Eritrea has 6 World Bank RPW providers among 377 tracked corridors (inventory signal, not a cost-quality ranking). Orthogonal to the cost comparison below.

United Kingdom → Eritrea vs all corridors by provider count

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

6 265th of 377 higher than 112 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 United Kingdom → Eritrea compares

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

United Kingdom → Eritrea8.42%Cheapest provider4.19%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%) 54.9%
Cheapest

8.42% average - 5.4pp above target

Cost trend: United Kingdom → Eritrea

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

0%5%10%15%20%25% 2011Q12013Q42015Q32017Q22019Q12020Q42022Q32024Q22025Q3 8.42%4.19% CheapestAverage

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

Sending Country

United Kingdom
Europe & Central Asia
5.08%
Avg outbound cost
$13.2B
Total remittances sent
All corridors from United Kingdom →

Receiving Country

Eritrea
Sub-Saharan Africa
7.48%
Avg inbound cost
0
All corridors to Eritrea →

Nearby Corridors from United Kingdom

United Kingdom is one of the most connected sending markets in our data, with 32 tracked outbound corridors. The 8 below span the widest cost range, from the cheapest to send anywhere from United Kingdom through to the most expensive.

#DestinationAvg costCheapest
1India1.9%0.1%
2Nigeria2.0%0.0%
3Poland2.7%0.2%
4Pakistan2.7%0.5%
5Nepal2.9%0.8%
6Sri Lanka3.1%1.1%
7Romania3.1%0.9%
8Philippines3.3%0.4%

World Bank RPW fee spread

Release 2025Q3 GB→ER

8.4% avg · 4.2% floor · 4.23pp spread on $200

  • AVG 8.4%
  • CHEAP 4.2%
  • SPREAD 4.23pp
  • SDG +5.4pp
  • RANK #283 of 348
  • REL 2025Q3
  • PANEL 6
Canada→Guyana8.35%Japan→Brazil8.35%Japan→Thailand8.33%United Kingdom→Eritrea (this)8.42%
Cross-sender corridors nearest United Kingdom → Eritrea by average RPW cost (2025Q3)

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

High transfer cost on United Kingdom → Eritrea

World Bank RPW prices United Kingdom → Eritrea at 8.42% (2025Q3) - above the fleet upper tercile (~6.6%). Senders here pay more than typical tracked corridors, 2.0 pp above the ~6.4% global average.

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 6 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 crept up 1.15 percentage points over the tracked period, bucking the wider trend toward cheaper transfers seen on most corridors. It sits 5.4 pp above the UN SDG 10.c 3% target.

United Kingdom → Eritrea Long-Track Cost Profile

This is a high-depth World Bank RPW corridor (54 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 21.4% in 2013Q2; the trough was 7.3% in 2025Q1. That 14.18pp peak-to-trough span is the multi-year envelope thin-history corridors cannot show.

Across the full 54-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 2.460pp - a wide swing band that rewards checking the current quarter. From 2024Q2 to 2025Q3, the average cost rose 0.13pp (8.3% → 8.4%).

Among the 32 outbound corridors tracked from United Kingdom, 30 currently post a lower average cost than this route and 2 post a higher one (this corridor sits at 8.4%). 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 United Kingdom → Eritrea 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 8.42%; cheapest observed 4.19% via TalkRemit; 6 providers tracked across 54 RPW quarters; vintage 2026-08-10.

Frequently Asked Questions

How much does it cost to send money from United Kingdom to Eritrea?

Average 8.42% of the transfer amount (World Bank RPW, 2025Q3) - upper fleet tercile (above ~6.6%). Cheapest observed: 4.19% via TalkRemit.

What is the cheapest way to send money from United Kingdom to Eritrea?

Lowest RPW survey quote on this corridor: 4.19% (TalkRemit). 6 providers tracked.

Is the United Kingdom to Eritrea corridor meeting the UN SDG cost target?

Not yet: 8.4% is 5.4pp above the UN SDG 10.c 3% target and in the upper fleet cost tercile.

Where does United Kingdom → Eritrea sit among tracked remittance corridors?

According to World Bank Remittance Prices Worldwide average cost among 348 tracked corridors on PlainRemit, United Kingdom → Eritrea ranks #283 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.