Remittance Cost Comparison Sheet

Description

The Remittance Cost Comparison Sheet is a Google Sheets template that compares the top 5 money transfer providers across the most common diaspora corridors: AED→NGN, USD→KES, EUR→XAF, GBP→GHS, and more. For each corridor, the sheet shows: flat fee, percentage fee, FX spread, total cost per $500 transfer, and the amount actually received by the recipient. The data is pre-filled with approximate rates (updated periodically), and you can override any cell with the actual rate you're offered. The sheet automatically highlights the cheapest provider in green. Use it before every transfer to make sure you're not overpaying.

What's included

• Google Sheets template (make a copy to use)
• 5 providers: Wise, Remitly, Sendwave, Western Union, banks
• 10+ corridors: AED→NGN, USD→KES, EUR→XAF, GBP→GHS, etc.
• Flat fee, % fee, FX spread, total cost per $500 transfer
• Auto-highlighted cheapest provider
• Editable cells — override with your actual rates

Who it's for

Anyone who sends money home regularly. If you send $500/month and switch from a bank (5% fee) to Wise (1.5% fee), this sheet proves you're saving $210/year.

Why I made this

I was using my bank for transfers and didn't realize I was paying 4% more than Wise until I built this comparison. The numbers shocked me into switching.