Ria exchange rates

Ria applies a margin on the existing mid-market/real exchange rate when carrying out your transfer. The margin can be over 3% for some exotic currencies. This is a very large hidden fee when compared to a Ria Money Transfer alternative. You are shown the exchange rate that is offered by Ria Money Transfer before you finalize a transfer deal, and this includes the margin fee. The rate that you get online and at physical agent locations are not the same. Transfers through agents tend to attract a higher margin.

Are there additional Ria Money Transfer fees?

Yes. Additional Ria Money Transfer fees vary based on where you live, the destination country, the payment method and the transfer method. And the additional fees are hefty in size. The more you send, the higher the fee.

Transfers to cash pick-up centers are typically more expensive than bank account transfers. Debit and credit card payments tend to come with higher fees. See examples below.

Sending money from the US to the Philippines and paying via credit card:

Transfer amount	Payout method	Transfer fees
$250	Bank account	$7
	Cash pick-up	$7
	Home delivery	$7
$2,500	Bank account	$58
	Cash pick-up	$58
	Home delivery	$58

Sending money from the US to the Philippines and paying via bank transfer:

Transfer amount	Payout method	Transfer fees
$250	Bank account	$0
	Cash pick-up	$0
	Home delivery	$3
$2,500	Bank account	$0
	Cash pick-up	$0
	Home delivery	$3

Sending money from the US to India and paying via credit card:

Transfer amount	Payout method	Transfer fees
$250	Bank account	$8
$250	Cash pick-up	$12
$2,500	Bank account	$82
$2,500	Cash pick-up	$100

Ria score

Ria's low score in this section is because of the non-transparency in its exchange rates as well as the very high additional fees.

Ria Tag

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