Guides · World Bank RPW

Remittance guides

Plain-language, data-backed guides to help you send money internationally for less, how fees really work, why they vary, and the cheapest routes to the biggest corridors.

377
Corridors published
7.3%
Tracked average cost
7
Guides in this set

What these guides answer

Across 377 World Bank RPW corridors we publish, the mean surveyed total cost is 7.3% - the cheapest surveyed route sits at 0.3%.

7.3%
Tracked mean total cost
0.3%
Cheapest: Malaysia to Myanmar
3%
UN SDG 10.c target
7
Guides in this hub

Survey figures are historical $200 total-cost observations (fee + FX margin), not live quotes.

Lowest surveyed corridor averages (Top 5) Horizontal bar chart of the top 5 items by value (% total cost on $200). Lowest surveyed corridor averages (Top 5) Top 5 1. Malaysia → Myanmar 0.3% 2. Belgium → Algeria 1.3% 3. Bahrain → Pakistan 1.4% 4. United Kingdom → India 1.9% 5. Australia → Pakistan 2.0% World Bank RPW · cheapest published corridors by latestaverage total cost
The advertised fee is the question the provider wants you to answer. What actually matters is what reaches the recipient in local currency, measured against the rate the banks themselves quote each other.

Next on PlainRemit

Turn the fee lesson into a corridor check

Start with how remittance fees work, then open the corridor cost data for your route. The FX rate guide shows how to read mid-market rates before you compare live quotes. For high-volume destinations, see the Mexico corridor guide and Philippines corridor guide. Every figure comes from World Bank Remittance Prices Worldwide quarterly surveys, the same panel G20 finance ministries use for SDG 10.c.1.

Methodology

Every guide on PlainRemit is built from the same data foundation: the World Bank Remittance Prices Worldwide (RPW) Database, which benchmarks money-transfer costs quarterly across 377 corridors published here. Costs are standardized as a percentage of a $200 transfer amount and include both the service fee charged by the provider and the exchange-rate margin, the gap between the provider's quoted rate and the interbank mid-rate.

Each guide answers a specific sender question ("What is the cheapest way to send to Mexico?", "Why are fees so high?") using the underlying RPW panel rather than marketing claims from individual providers. Where a guide cites a global or per-corridor average, that figure is drawn from the most recent RPW release available at the time of publication, and we date-stamp each article so readers can verify freshness.

Our data-framing benchmarks reference the UN Sustainable Development Goal 10.c target to reduce average remittance costs below 3% by 2030, which lets us flag corridors that are already affordable against those that still carry double-digit percentage costs. We review every guide against the live RPW data each time the World Bank publishes a new quarter, and outdated claims are refreshed rather than archived.

Download the corridor cost extract cited on this page: remittance-corridor-costs.csv (World Bank RPW · CC0).