What It Costs to Send Money to Ukraine from the US
In the 2024 Q3 World Bank Remittance Prices Worldwide quarterly survey, sending USD 200 from the United States to Ukraine carried a median total cost of 3.79% and an average total cost of 4.67% of the amount sent. Total cost in this survey combines two components: the explicit transfer fee charged by the provider and the exchange-rate margin, which is the difference between the mid-market rate and the rate actually applied to the transaction. Both components are expressed together as a percentage of the USD 200 send amount.
Across the 19 providers surveyed in the 2024 Q3 period, total costs ranged from a low of 1.11% to a high of 11.72%, reflecting considerable variation among available options. Remitly was the cheapest surveyed provider in that quarterly snapshot. These figures are tied specifically to the 2024 Q3 survey and may not reflect current pricing, as provider costs change over time.
Costs within a single provider can also differ depending on the payment method selected (such as bank transfer or debit card), the payout method available to the recipient, and the amount being sent. The World Bank updates this survey each quarter, so figures shift from period to period. The per-provider table below presents the individual quotes as recorded in the 2024 Q3 survey.
Surveyed providers (2024 Q3)
| Provider | Type | Pay-out | Speed (surveyed) | Total cost, $200 | Total cost, $500 |
|---|---|---|---|---|---|
| Remitly | MTO | Internet | 3-5 days | 1.11% | 1.11% |
| Remitly | MTO | Internet | Less than one hour | 1.11% | 1.11% |
| Wise | MTO | Internet | Next day | 2.58% | 2.38% |
| Ria | MTO | Internet | 3-5 days | 2.67% | 2.52% |
| Ria | MTO | Agent | Less than one hour | 3.17% | — |
| Ria | MTO | Internet | Less than one hour | 3.17% | 3.02% |
| Ria | MTO | Agent | Same day | 3.29% | 3.14% |
| MoneyGram | MTO | Internet | Less than one hour | 3.68% | 2.88% |
| Xoom | MTO | Internet | Less than one hour | 3.79% | 3.79% |
| Xoom | MTO | Internet | Less than one hour | 3.79% | 3.79% |
| Xoom | MTO | Internet | Less than one hour | 3.79% | 3.79% |
| Remitly | MTO | Internet | Less than one hour | 4.11% | 4.11% |
| Wise | MTO | Internet | Next day | 4.20% | 2.17% |
| Ria | MTO | Internet | Less than one hour | 5.02% | 5.02% |
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.
Estimate your transfer cost →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.