Receiving country · World Bank RPW · BJ
Send money to Benin
Inbound average cost sits in the upper fleet tercile at 21.4% across 1 source corridors - recipients absorb more than typical RPW-tracked markets.
- 21.4%
- Avg inbound cost
- 21.4%
- Cheapest · from Nigeria
- 1
- Source corridor
Inbound-cost tercile vs fleet
Benin posts a 21.4% average inbound cost, above the fleet upper tercile (~7.8%) - across 1 source corridor. Cheapest tracked floor: 21.4% from Nigeria.
- #105 of 110
- cost corpus rank (cheapest=#1)
- 21.4%
- average inbound cost
- 21.4%
- cheapest source: Nigeria
- 1
- source corridor tracked
Cheapest Ways to Send Money to Benin
All Corridors to Benin
| # | From | Avg cost | Cheapest | Cheapest provider |
|---|---|---|---|---|
| 1 | Nigeria | 21.4% | 21.4% | MoneyGram |
High inbound cost into Benin
World Bank RPW tracks 1 inbound corridors into Benin at an average 21.36% - above the fleet upper tercile (~7.8%). Recipients here absorb more than typical RPW markets, 15.0 pp above the ~6.4% global average.
The three cheapest inbound corridors to Benin right now are from Nigeria at 21.36% via MoneyGram. These are floor prices on a $200 transfer into Benin, fee plus FX margin.
On a high-cost receive market, comparing the cheapest provider on the specific corridor matters more than picking a household brand - within-corridor price dispersion often exceeds the gap between the cheapest and dearest origins.
About Benin inbound 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 country'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. The UN Sustainable Development Goal 10.c target is to reduce remittance transaction costs to below 3% by 2030; always verify current rates directly with providers before sending money, rates change frequently.
Average inbound cost 21.36%; 1 source corridor tracked to Benin; vintage 2026-08-10.
Frequently Asked Questions
How much money is sent to Benin each year?
Benin has no positive WDI total_inflow in this build; RPW still quotes 1 inbound corridor at 21.36% average cost.
What is the cheapest way to receive money in Benin?
On World Bank RPW $200 sends, the cheapest inbound floors into Benin are from Nigeria, as low as 21.36%. Country average inbound cost is 21.36% (upper fleet tercile).
How have remittance costs to Benin changed over time?
Benin's current average inbound cost is 21.36%, above the fleet upper tercile (~7.8%) and 15.0 pp above the ~6.4% global RPW average. RPW has tracked this receive market since 2011; UN SDG 10.c still targets ≤3% by 2030.
Where does Benin sit among remittance-receiving countries?
Among 110 tracked receiving countries on PlainRemit with World Bank RPW cost data, Benin ranks #105 of 110 by average inbound transfer cost (cheapest = #1). /send-to browses alphabetically; this cost ordinal is the analytical placement basis.