Receiving country · World Bank RPW · SN
Send money to Senegal
Inbound average cost sits in the lower fleet tercile at 5.2% across 2 source corridors - a cheaper receive market than most RPW peers.
- 5.2%
- Avg inbound cost
- 0.4%
- Cheapest · from Italy
- 2
- Source corridors
Inbound-cost tercile vs fleet
Senegal posts a 5.2% average inbound cost, below the fleet lower tercile (~5.3%) - across 2 source corridors. Cheapest tracked floor: 0.4% from Italy.
- #35 of 110
- cost corpus rank (cheapest=#1)
- 5.2%
- average inbound cost
- 0.4%
- cheapest source: Italy
- 2
- source corridors tracked
Inbound cost bands to Senegal
2 source corridors counted once by recorded average cost on a $200 send. The four bands sum to 2.
HIGH High-fee 5–8% lane · country average 5.2%
Cheapest Ways to Send Money to Senegal
Low inbound cost into Senegal
World Bank RPW tracks 2 inbound corridors into Senegal at an average 5.16% - below the fleet lower tercile (~5.3%). That places Senegal among cheaper receive markets on the panel, 1.2 pp under the ~6.4% global average.
The three cheapest inbound corridors to Senegal right now are from Italy at 0.41% via MoneyGram, France at 0.91% via Western Union. These are floor prices on a $200 transfer into Senegal, fee plus FX margin.
For senders pointing money toward Senegal, compare the cheapest provider on the specific corridor rather than defaulting to a household brand.
About Senegal 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 5.16%; 2 source corridors tracked to Senegal; vintage 2026-08-10.
Frequently Asked Questions
How much money is sent to Senegal each year?
Senegal has no positive WDI total_inflow in this build; RPW still quotes 2 inbound corridors at 5.16% average cost.
What is the cheapest way to receive money in Senegal?
On World Bank RPW $200 sends, the cheapest inbound floors into Senegal are from Italy, France, as low as 0.41%. Country average inbound cost is 5.16% (lower fleet tercile).
How have remittance costs to Senegal changed over time?
Senegal's current average inbound cost is 5.16%, below the fleet lower tercile (~5.3%) and 1.2 pp under the ~6.4% global RPW average. RPW has tracked this receive market since 2011.
Where does Senegal sit among remittance-receiving countries?
Among 110 tracked receiving countries on PlainRemit with World Bank RPW cost data, Senegal ranks #35 of 110 by average inbound transfer cost (cheapest = #1). /send-to browses alphabetically; this cost ordinal is the analytical placement basis.