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What It Costs to Send Money to Liberia from the US

Median cost ($200)
6.00%
Cheapest surveyed
0.00%
Most expensive
8.50%
Providers surveyed
18

In the 2024 Q3 World Bank Remittance Prices Worldwide quarterly survey, sending USD 200 from the United States to Liberia carried a median total cost of 6.00% and an average total cost of 5.68% of the amount sent. Total cost as used in this survey combines two components: the upfront transfer fee charged by the provider and the exchange-rate margin, which is the difference between the mid-market rate and the rate applied to the transaction. Both components are expressed together as a percentage of the USD 200 send amount.

Across the 18 providers surveyed in that 2024 Q3 snapshot, total costs ranged from a low of 0.00% to a high of 8.50%. The cheapest surveyed provider in that specific quarterly survey was MoneyGram. This designation reflects only what was recorded at the time of the 2024 Q3 survey; provider pricing can change between survey periods, so this finding should not be read as a current or ongoing price guarantee.

Costs within this corridor can differ depending on the payment method used, such as bank account or debit card, and the payout method available to the recipient. The send amount also affects the percentage cost in some cases. The World Bank survey is updated quarterly, and figures cited here are specific to the 2024 Q3 edition. The per-provider table below lists the individual dated survey quotes for each of the 18 providers.

Surveyed providers (2024 Q3)

ProviderTypePay-outSpeed (surveyed)Total cost, $200Total cost, $500
MoneyGramMTOInternetNext day0.00%0.00%
MoneyGramMTOInternetNext day3.00%3.00%
RiaMTOAgentLess than one hour3.50%
RiaMTOInternet2 days5.00%2.80%
RiaMTOInternetSame day5.00%2.80%
Western UnionMTOAgentLess than one hour5.34%2.94%
Western UnionMTOInternet3-5 days5.85%4.55%
Walmart2WorldBankInternetLess than one hour6.00%4.50%
XoomMTOInternetLess than one hour6.00%3.00%
MoneyGramMTOInternetLess than one hour6.00%4.50%
RiaMTOInternetLess than one hour6.00%5.00%
Walmart2WorldBankAgentLess than one hour6.00%2.40%
MoneyGramMTOAgentLess than one hour6.00%2.40%
Walmart2WorldBankAgentLess than one hour7.50%3.00%

Total cost = transfer fee + exchange-rate margin, as a percent of the amount sent, at the two surveyed send amounts ($200 / $500). Surveyed prices, not live quotes.

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Source: The World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org (CC BY 4.0). Figures are from the 2024 Q3 survey — surveyed prices, not live quotes.

Cheapest-corridor cheat sheet

The surveyed cost to send $200 from the US to 42 countries, on one page. Updated each World Bank survey.

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