Receiving country · World Bank RPW · PE
Send money to Peru
Corridor breadth is high-tercile (4 inbound sources) - more origin countries quote routes into Peru than the bulk of the receive panel.
- 5.1%
- Avg inbound cost
- 1.7%
- Cheapest · from Spain
- $5.3B
- Received per year
- 4
- Source corridors
Corridor-breadth tercile vs fleet
Peru is quoted from 4 origin countries, above the fleet breadth tercile (~3 corridors). Average inbound cost is 5.1%.
- #24 of 53
- WDI inflow corpus rank
- 5.1%
- average inbound cost
- 1.7%
- cheapest source: Spain
- $5.3B
- received annually
Inbound cost bands to Peru
4 source corridors counted once by recorded average cost on a $200 send. The four bands sum to 4.
HIGH High-fee 5–8% lane · country average 5.1%
Cheapest Ways to Send Money to Peru
All Corridors to Peru
| # | From | Avg cost | Cheapest | Cheapest provider |
|---|---|---|---|---|
| 1 | Spain | 3.6% | 1.7% | MoneyGram |
| 2 | United States | 4.6% | 2.0% | Jet Peru |
| 3 | Chile | 4.9% | 4.3% | Argenper |
| 4 | Brazil | 7.1% | 2.0% | Paysend |
Wide origin set into Peru
4 origin countries quote routes into Peru - above the fleet breadth tercile (~3). Average inbound cost is 5.08% on $200 RPW sends.
The three cheapest inbound corridors to Peru right now are from Spain at 1.68% via MoneyGram, Brazil at 1.98% via Paysend, United States at 2.00% via Jet Peru. These are floor prices on a $200 transfer into Peru, fee plus FX margin.
For senders pointing money toward Peru, compare the cheapest provider on the specific corridor rather than defaulting to a household brand.
About Peru 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 5.08%; 4 source corridors tracked to Peru; vintage 2026-08-10.
Frequently Asked Questions
How much money is sent to Peru each year?
Peru receives about $5.3B a year from 4 RPW source countries at 5.08% average inbound cost.
What is the cheapest way to receive money in Peru?
On World Bank RPW $200 sends, the cheapest inbound floors into Peru are from Spain, Brazil, United States, as low as 1.68%. Country average inbound cost is 5.08% (lower fleet tercile).
How have remittance costs to Peru changed over time?
Peru's current average inbound cost is 5.08%, below the fleet lower tercile (~5.3%) and 1.3 pp under the ~6.4% global RPW average. RPW has tracked this receive market since 2011.
Where does Peru sit among remittance-receiving countries?
According to World Bank WDI remittance inflows among 53 tracked receiving countries on PlainRemit, Peru ranks #24 of 53 by annual dollars received. /send-to browses alphabetically; this inflow ordinal matches the largest-receivers research ranking.