Quarterly cost of sending 200 USD worth of remittances from the U.S. 2011-2023
Remitting from the United States incurred an average cost of 5.6 percent over the course of 2023, an slight increase when compared to the previous year. The cost of sending money from the North American country was at its highest in late 2012, and generally declined since. The source adds that outgoing remittances from the United States was slightly cheaper than the average for the G20 countries, which was estimated at 6.39 percent for sending money worth 200 U.S. dollars.