| Sunday, December 6th, 2015

What is the International Money Transfer Index (IMTI) and how is it calculated?

The FXcompared International Money Transfer Index™ (IMTI™) provides a measure of the cost of international bank-to-bank money transfers from countries around the world such as Australia, Canada, the UK and US. The IMTI is of help to those who are looking to better understand the costs of transferring money internationally.

We provide a detailed full methodology on how the IMTI is captured and updated. The rates thats banks charge for international money transfers differ across countries and across transaction sizes. Our methodology pages as well as our reports break this out.

The IMTI is updated monthly and the numbers shown on FXcompared are based on the latest data collected. A estimate is also calculated for other countries globally for use on FXcompared where data for that country was not collected or available. Our analysis suggested that estimations will typically under-estimate the true bank cost - for example the costs of exchanging a more exotic currency will be higher than a core currency pair such as GBP to USD.

Help and Support - Money Transfer FAQs | FXcompared

Money Transfer Comparison

Use our Currency Tools

Currency Volatility Tool - assess the impact of currency risk

Currency Analysis Tool - conduct an audit of historical transactions

How to Transfer Money from Australia to UK

How to Transfer Money from Australia to USA

How to Transfer Money from the USA to the UK

How to Transfer Money from the USA to Canada

How to Transfer Money from the UK to the USA

How to Transfer Money from the UK to Australia

How to Transfer Money from Canada to the UK

How to Transfer Money from UK to Spain

Email us:

Call us:

+44 (0)203 828 1923 (UK)
Mon-Fri 10am-6pm (UTC)

+1 212 600 8553 (US)
Mon-Fri 10am-6pm (EDT)

The website and the information it provides on this site is for informational purposes only, and does not constitute an offer or solicitation to sell shares or securities. None of the information presented is intended to form the basis for any investment decision, and no specific recommendations are intended. Accordingly, this website and its contents do not constitute investment advice or counsel or solicitation for investment in any security. This website and its contents should not form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. FX Compared Ltd expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.