Remittance Prices Worldwide

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Sending money from GERMANY to INDIA

Data collected on: Feb 18, 2022-Feb 25, 2022
EUR | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (EUR)sort descendingTotal cost (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
RemitGuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.002.86
-2.76
Percentage difference between market reference rate 84.57 and exchange rate charged 86.90
-2.76
-1.33-1.33
-1.86-2.66
RemitMoney
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.48
Percentage difference between market reference rate 85.54 and exchange rate charged 85.13
0.48
0.480.48
0.670.96
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.280.40
0.61
Percentage difference between market reference rate 84.36 and exchange rate charged 83.85
0.61
0.810.81
1.131.61
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.560.80
0.61
Percentage difference between market reference rate 84.36 and exchange rate charged 83.85
0.61
1.011.01
1.412.01
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.84
0.71
Percentage difference between market reference rate 84.35 and exchange rate charged 83.74
0.71
2.132.13
2.984.26
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.994.27
0.29
Percentage difference between market reference rate 84.36 and exchange rate charged 84.11
0.29
2.432.43
3.404.86
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
0.74
Percentage difference between market reference rate 84.72 and exchange rate charged 84.09
0.74
2.872.87
4.025.74
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.84
1.49
Percentage difference between market reference rate 84.48 and exchange rate charged 83.22
1.49
2.912.91
4.075.81
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.27
0.88
Percentage difference between market reference rate 84.46 and exchange rate charged 83.72
0.88
3.013.01
4.216.01
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.994.27
0.88
Percentage difference between market reference rate 84.46 and exchange rate charged 83.72
0.88
3.013.01
4.216.01
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.905.57
1.30
Percentage difference between market reference rate 84.57 and exchange rate charged 83.47
1.30
4.084.08
5.718.16
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.995.70
1.77
Percentage difference between market reference rate 84.61 and exchange rate charged 83.11
1.77
4.624.62
6.479.24
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.995.70
1.94
Percentage difference between market reference rate 84.19 and exchange rate charged 82.56
1.94
4.794.79
6.719.59
Postbank
Firm type: Post office
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
8.0011.43
-0.77
Percentage difference between market reference rate 84.71 and exchange rate charged 85.36
-0.77
4.954.95
6.939.90
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.0010.00
0.02
Percentage difference between market reference rate 84.54 and exchange rate charged 84.53
0.02
5.025.02
7.0310.04
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.0010.00
0.37
Percentage difference between market reference rate 84.36 and exchange rate charged 84.04
0.37
5.375.37
7.5210.74
State Bank of India
Firm type: Bank
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
High
4.997.13
3.88
Percentage difference between market reference rate 84.75 and exchange rate charged 81.46
3.88
7.447.44
10.4214.89
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
4.997.13
3.91
Percentage difference between market reference rate 84.79 and exchange rate charged 81.47
3.91
7.487.48
10.4714.96
Kotak Click2Remit
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
12.5017.86
0.38
Percentage difference between market reference rate 84.57 and exchange rate charged 84.25
0.38
9.319.31
13.0318.61
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.9917.13
1.03
Percentage difference between market reference rate 1.12 and exchange rate charged 1.11
1.03
9.599.59
13.4319.19
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.909.86
4.71
Percentage difference between market reference rate 84.49 and exchange rate charged 80.51
4.71
9.649.64
13.5019.29
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.905.57
8.32
Percentage difference between market reference rate 84.49 and exchange rate charged 77.46
8.32
11.1111.11
15.5522.21
Postbank via Western Union
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
19.9028.43
8.20
Percentage difference between market reference rate 84.58 and exchange rate charged 77.65
8.20
22.4122.41
31.3744.81
Deutsche Bank
Firm type: Bank
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
High
35.0050.00
0.22
Percentage difference between market reference rate 84.69 and exchange rate charged 84.50
0.22
25.2225.22
35.3150.44
Deutsche Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
35.0050.00
0.22
Percentage difference between market reference rate 84.69 and exchange rate charged 84.50
0.22
25.2225.22
35.3150.44
Total Average First Quarter
6.946.94
Total Average Fourth Quarter 2021
6.036.03
Total Average
Fee
7.5110.73
Exchange Rate Margin (%)
1.581.58
Total Cost Percent (%)
6.946.94
Total Cost (EUR) Total Cost (USD)
9.7213.89
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
RemitGuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.002.90
-2.76
Percentage difference between market reference rate 84.57 and exchange rate charged 86.90
-2.76
-2.18-2.18
-7.52-10.90
RemitMoney
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.48
Percentage difference between market reference rate 85.54 and exchange rate charged 85.13
0.48
0.480.48
1.662.41
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.691.00
0.61
Percentage difference between market reference rate 84.36 and exchange rate charged 83.85
0.61
0.810.81
2.794.04
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.382.00
0.61
Percentage difference between market reference rate 84.36 and exchange rate charged 83.85
0.61
1.011.01
3.485.04
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.994.33
0.29
Percentage difference between market reference rate 84.36 and exchange rate charged 84.11
0.29
1.161.16
4.005.80
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.88
0.71
Percentage difference between market reference rate 84.35 and exchange rate charged 83.74
0.71
1.291.29
4.456.45
Postbank
Firm type: Post office
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
8.0011.59
-0.77
Percentage difference between market reference rate 84.71 and exchange rate charged 85.36
-0.77
1.551.55
5.357.75
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
0.74
Percentage difference between market reference rate 84.72 and exchange rate charged 84.09
0.74
1.601.60
5.528.00
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.994.33
0.88
Percentage difference between market reference rate 84.46 and exchange rate charged 83.72
0.88
1.751.75
6.048.75
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.33
0.88
Percentage difference between market reference rate 84.46 and exchange rate charged 83.72
0.88
1.751.75
6.048.75
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.0010.14
0.02
Percentage difference between market reference rate 84.54 and exchange rate charged 84.53
0.02
2.052.05
7.0710.25
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.88
1.49
Percentage difference between market reference rate 84.48 and exchange rate charged 83.22
1.49
2.072.07
7.1410.35
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.0010.14
0.37
Percentage difference between market reference rate 84.36 and exchange rate charged 84.04
0.37
2.402.40
8.2812.00
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.905.65
1.30
Percentage difference between market reference rate 84.57 and exchange rate charged 83.47
1.30
2.432.43
8.3812.14
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.995.78
1.77
Percentage difference between market reference rate 84.61 and exchange rate charged 83.11
1.77
2.932.93
10.1114.65
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.995.78
1.94
Percentage difference between market reference rate 84.19 and exchange rate charged 82.56
1.94
3.103.10
10.7015.51
Kotak Click2Remit
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
12.5018.12
0.38
Percentage difference between market reference rate 84.57 and exchange rate charged 84.25
0.38
4.004.00
13.8020.00
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.9917.38
1.03
Percentage difference between market reference rate 1.12 and exchange rate charged 1.11
1.03
4.504.50
15.5322.51
State Bank of India
Firm type: Bank
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
High
4.997.23
3.88
Percentage difference between market reference rate 84.75 and exchange rate charged 81.46
3.88
5.335.33
18.3926.65
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
4.997.23
3.91
Percentage difference between market reference rate 84.79 and exchange rate charged 81.47
3.91
5.365.36
18.4926.80
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.9010.00
4.71
Percentage difference between market reference rate 84.49 and exchange rate charged 80.51
4.71
6.716.71
23.1533.55
Deutsche Bank
Firm type: Bank
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
High
35.0050.72
-1.74
Percentage difference between market reference rate 84.69 and exchange rate charged 86.16
-1.74
8.408.40
28.9842.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.905.65
7.68
Percentage difference between market reference rate 84.49 and exchange rate charged 78.00
7.68
8.818.81
30.3944.04
Deutsche Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
35.0050.72
0.22
Percentage difference between market reference rate 84.69 and exchange rate charged 84.50
0.22
10.3610.36
35.7451.80
Postbank via Western Union
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
26.9038.99
8.20
Percentage difference between market reference rate 84.58 and exchange rate charged 77.65
8.20
15.9915.99
55.1779.96
Total Average First Quarter
3.753.75
Total Average Fourth Quarter 2021
3.533.53
Total Average
Fee
7.8411.37
Exchange Rate Margin (%)
1.471.47
Total Cost Percent (%)
3.753.75
Total Cost (EUR) Total Cost (USD)
12.9318.73
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash