Remittance fees from Western Union on the U.S. to Colombia corridor were over six percentage points higher than those from Xoom. This is according to a Statista estimate that aims to compare the prices charged for sending international money transfers to Colombia, but then specifically those that were sent from the United States.
Total average cost of sending 200 U.S. dollars worth of remittances between the United States and Colombia as of 1st quarter of 2024, among the most used brands in this corridor
Characteristic
Costs of sending 200 U.S. dollars to this country, as proportion of remittance value received
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World Bank (Remittance Prices Worldwide), & Statista, & FXC Intelligence. (July 6, 2024). Total average cost of sending 200 U.S. dollars worth of remittances between the United States and Colombia as of 1st quarter of 2024, among the most used brands in this corridor [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1455059/cost-sending-low-value-remittances-usa-colombia-by-provider/
World Bank (Remittance Prices Worldwide), und Statista, und FXC Intelligence. "Total average cost of sending 200 U.S. dollars worth of remittances between the United States and Colombia as of 1st quarter of 2024, among the most used brands in this corridor." Chart. July 6, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1455059/cost-sending-low-value-remittances-usa-colombia-by-provider/
World Bank (Remittance Prices Worldwide), Statista, FXC Intelligence. (2024). Total average cost of sending 200 U.S. dollars worth of remittances between the United States and Colombia as of 1st quarter of 2024, among the most used brands in this corridor. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1455059/cost-sending-low-value-remittances-usa-colombia-by-provider/
World Bank (Remittance Prices Worldwide), and Statista, and FXC Intelligence. "Total Average Cost of Sending 200 U.S. Dollars worth of Remittances between The United States and Colombia as of 1st Quarter of 2024, among The Most Used Brands in This Corridor." Statista, Statista Inc., 6 Jul 2024, https://www.statista.com/statistics/1455059/cost-sending-low-value-remittances-usa-colombia-by-provider/
World Bank (Remittance Prices Worldwide) & Statista & FXC Intelligence, Total average cost of sending 200 U.S. dollars worth of remittances between the United States and Colombia as of 1st quarter of 2024, among the most used brands in this corridor Statista, https://www.statista.com/statistics/1455059/cost-sending-low-value-remittances-usa-colombia-by-provider/ (last visited December 30, 2024)
Total average cost of sending 200 U.S. dollars worth of remittances between the United States and Colombia as of 1st quarter of 2024, among the most used brands in this corridor [Graph], World Bank (Remittance Prices Worldwide), & Statista, & FXC Intelligence, July 6, 2024. [Online]. Available: https://www.statista.com/statistics/1455059/cost-sending-low-value-remittances-usa-colombia-by-provider/
