Remittance Prices Worldwide

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Sending money from INDIA to NEPAL

Data collected on: Feb 06, 2025 - Mar 04, 2025
INR | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Disbursing network coverage
Fee
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 (INR)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Firm
Punjab National Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
59.00
Exchange rate margin(%)
0.00
Percentage difference between market reference rate 1.60 and exchange rate charged 1.60
Total cost (%)
0.44
Total cost (INR)sort descending
58.52
Firm
Punjab National Bank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
59.00
Exchange rate margin(%)
0.00
Percentage difference between market reference rate 1.60 and exchange rate charged 1.60
Total cost (%)
0.44
Total cost (INR)sort descending
58.52
Firm
Punjab National Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
59.00
Exchange rate margin(%)
0.00
Percentage difference between market reference rate 1.60 and exchange rate charged 1.60
Total cost (%)
0.44
Total cost (INR)sort descending
58.52
Firm
SBI-Nepal Express Remit
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
75.00
Exchange rate margin(%)
0.01
Percentage difference between market reference rate 1.60 and exchange rate charged 1.60
Total cost (%)
0.57
Total cost (INR)sort descending
75.81
Firm
SBI-Nepal Express Remit
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
75.00
Exchange rate margin(%)
0.01
Percentage difference between market reference rate 1.60 and exchange rate charged 1.60
Total cost (%)
0.57
Total cost (INR)sort descending
75.81
Firm
Punjab & Sind Bank
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
75.00
Exchange rate margin(%)
0.01
Percentage difference between market reference rate 1.60 and exchange rate charged 1.60
Total cost (%)
0.57
Total cost (INR)sort descending
75.81
Firm
Punjab & Sind Bank
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
75.00
Exchange rate margin(%)
0.01
Percentage difference between market reference rate 1.60 and exchange rate charged 1.60
Total cost (%)
0.57
Total cost (INR)sort descending
75.81
Firm
Punjab & Sind Bank
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
75.00
Exchange rate margin(%)
0.01
Percentage difference between market reference rate 1.60 and exchange rate charged 1.60
Total cost (%)
0.57
Total cost (INR)sort descending
75.81
Firm
Punjab & Sind Bank
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
75.00
Exchange rate margin(%)
0.01
Percentage difference between market reference rate 1.60 and exchange rate charged 1.60
Total cost (%)
0.57
Total cost (INR)sort descending
75.81
Firm
SBI-Nepal Express Remit
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
218.75
Exchange rate margin(%)
0.01
Percentage difference between market reference rate 1.60 and exchange rate charged 1.60
Total cost (%)
1.65
Total cost (INR)sort descending
219.45
Firm
SBI-Nepal Express Remit
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
218.75
Exchange rate margin(%)
0.01
Percentage difference between market reference rate 1.60 and exchange rate charged 1.60
Total cost (%)
1.65
Total cost (INR)sort descending
219.45
Firm
SBI-Nepal Express Remit
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
218.75
Exchange rate margin(%)
0.01
Percentage difference between market reference rate 1.60 and exchange rate charged 1.60
Total cost (%)
1.65
Total cost (INR)sort descending
219.45
Firm
SBI-Nepal Express Remit
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
218.75
Exchange rate margin(%)
0.01
Percentage difference between market reference rate 1.60 and exchange rate charged 1.60
Total cost (%)
1.65
Total cost (INR)sort descending
219.45
Firm
Skrill
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
Exchange rate margin(%)
2.93
Percentage difference between market reference rate 1.60 and exchange rate charged 1.55
Total cost (%)
2.93
Total cost (INR)sort descending
389.69
Firm
Bank of Baroda
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
545.00
Exchange rate margin(%)
0.24
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
Total cost (%)
4.34
Total cost (INR)sort descending
577.22
Firm
Bank of Baroda
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
545.00
Exchange rate margin(%)
0.24
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
Total cost (%)
4.34
Total cost (INR)sort descending
577.22
Firm
Bank of India
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
590.00
Exchange rate margin(%)
0.23
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
Total cost (%)
4.67
Total cost (INR)sort descending
621.11
Firm
Bank of India
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
590.00
Exchange rate margin(%)
0.23
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
Total cost (%)
4.67
Total cost (INR)sort descending
621.11
Firm
Skrill
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
265.00
Exchange rate margin(%)
2.90
Percentage difference between market reference rate 1.60 and exchange rate charged 1.55
Total cost (%)
4.89
Total cost (INR)sort descending
650.37
Firm
State Bank of India
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
1,131.21
Exchange rate margin(%)
0.30
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
Total cost (%)
8.81
Total cost (INR)sort descending
1171.73
Firm
State Bank of India
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
1,131.21
Exchange rate margin(%)
0.30
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
Total cost (%)
8.81
Total cost (INR)sort descending
1171.73
Firm
ICICI Bank Money2World
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
1,045.00
Exchange rate margin(%)
2.06
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
Total cost (%)
9.92
Total cost (INR)sort descending
1319.36
Firm
ICICI Bank Money2World
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
1,545.00
Exchange rate margin(%)
2.06
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
Total cost (%)
13.68
Total cost (INR)sort descending
1819.44
Total Average First Quarter 2025
3.41
Total Average Fourth Quarter 2024
3.22
Total Average
Fee
386.50
Exchange Rate Margin (%)
0.50
Total Cost Percent (%)
3.41
Total Cost (INR)
453.36
Non-Transparent records
Bank account transfer Cash Debit card Credit Card
2 days Less than one hour Same day Next day
Own/partner bank account Bank account Cash Mobile wallet
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