Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from INDIA to PAKISTAN

Data collected on: Feb 22, 2024 - Feb 23, 2024
INR | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
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.
Bank of Baroda
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Receiving method
Agent
Low 
545.00
0.51
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
4.61
613.13
Bank of Baroda
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High 
Receiving method
Agent
Low 
545.00
0.51
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
4.61
613.13
Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Receiving method
Agent
Low 
590.00
0.55
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
4.99
663.67
Bank of India
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High 
Receiving method
Agent
Low 
590.00
0.55
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
4.99
663.67
ICICI Bank Money2World
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High 
Receiving method
Agent
Low 
795.00
2.18
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
8.16
1085.28
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Receiving method
Agent
Low 
1,071.53
0.54
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
8.60
1143.80
State Bank of India
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High 
Receiving method
Agent
Low 
1,071.53
0.54
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
8.60
1143.80
ICICI Bank Money2World
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Receiving method
Agent
Low 
1,045.00
2.18
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
10.04
1335.32
Total Average First Quarter 2024
6.83
Total Average Fourth Quarter 2023
7.12
Total Average
Fee
781.63
Exchange Rate Margin (%)
0.95
Total Cost Percent (%)
6.83
Total Cost (INR)
907.73
Non-Transparent records
Bank account transfer
2 days Next day
Bank account