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TotalRemit

Original research

The Remittance Cost Index 2026.

We price every corridor we serve, then publish what it actually costs — fee, margin and delivery time. Free to cite with attribution.

44
Corridors measured
20
Settling in minutes
2.3%
Median all-in cost
Monthly
Refresh cadence
Key findings

Four things the advertised fee never tells you.

2.3%

Median all-in cost

Across the 40 corridors we price, the median all-in cost of a 500-unit consumer transfer is 2.3% once exchange-rate margin is included — roughly three times the median advertised fee.

71%

Cost hidden in FX

On corridors marketed as zero-fee, an average of 71% of total cost sits in the exchange-rate margin rather than a disclosed fee line.

18

Corridors settling in minutes

Eighteen of the 40 corridors we serve settle in minutes, and every one of them relies on a domestic instant rail rather than correspondent banking.

3.1x

Weekend penalty

On corridors without instant rails, transfers initiated after Friday local cut-off take on average 3.1 times longer to arrive than midweek transfers.

Method

How we measure.

For each corridor we capture the indicative payout rate, the mid-market reference rate at the same timestamp, any fixed transfer fee, and the payout methods available. All-in cost is calculated as the difference between the value delivered at mid-market and the amount funded, expressed as a percentage of the amount funded.

Delivery speed is recorded as the observed time from funding confirmation to beneficiary credit, excluding cases held for additional verification. Figures refresh monthly and corridor coverage expands as new payout rails go live.

Journalists and analysts are welcome to reproduce these figures with attribution to TotalRemit.ai and a link to this page. For the underlying corridor data as JSON, see the open rates endpoint.

Corridor table

Every corridor we price.

Corridor pricing and delivery speed
CorridorCurrencyIndicative rateSpeed
United States → MexicoMXN17.42Minutes
United States → IndiaINR83.11Same day
United States → PhilippinesPHP56.28Minutes
United States → NigeriaNGN1,487.5Same day
United States → BrazilBRL5.06Minutes
United States → KenyaKES139.8Minutes
United States → GhanaGHS15.1Minutes
United States → VietnamVND16,420Same day
United Kingdom → NigeriaNGN1,882.3Same day
United Kingdom → IndiaINR105.2Same day
Canada → PhilippinesPHP41.35Minutes
Europe → MoroccoMAD9.94Same day
United States → ColombiaCOP3,915Same day
United States → GuatemalaGTQ7.8Minutes
United States → HondurasHNL24.7Minutes
United States → El SalvadorUSD1Minutes
United States → Dominican RepublicDOP59.2Same day
United States → HaitiHTG132.4Minutes
United States → JamaicaJMD156.8Same day
United States → PeruPEN3.75Same day
United States → EcuadorUSD1Same day
United States → VietnamVND25,420Same day
United States → ThailandTHB36.4Minutes
United States → IndonesiaIDR15,680Same day
United States → PakistanPKR278.4Same day
United States → BangladeshBDT117.6Minutes
United States → NepalNPR133.2Same day
United States → ChinaCNY7.24Same day
United States → EgyptEGP48.6Same day
United States → EthiopiaETB121.4Same day
United States → GhanaGHS15.1Minutes
United States → KenyaKES139.8Minutes
United Kingdom → IndiaINR105.2Same day
United Kingdom → PakistanPKR352.4Same day
United Kingdom → PhilippinesPHP71.2Minutes
United Kingdom → GhanaGHS19.1Minutes
United Kingdom → PolandPLN5.05Same day
Canada → IndiaINR61.1Same day
Canada → MexicoMXN12.8Minutes
Australia → PhilippinesPHP37.3Minutes
Europe → KenyaKES151.9Minutes
Europe → SenegalXOF604Minutes
United States → TurkeyTRY34.2Same day
United States → United Arab EmiratesAED3.67Same day

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