Remittance Prices Worldwide

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Sending money from ITALY to INDIA

Data collected on: Aug 19, 2023-Sep 06, 2023
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 (%)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (EUR)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.13
Percentage difference between market reference rate 89.29 and exchange rate charged 89.17
0.13
0.130.13
0.180.26
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.380.54
0.13
Percentage difference between market reference rate 89.29 and exchange rate charged 89.17
0.13
0.400.40
0.560.80
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.51
Percentage difference between market reference rate 89.30 and exchange rate charged 88.84
0.51
0.510.51
0.711.01
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.51
Percentage difference between market reference rate 89.30 and exchange rate charged 88.84
0.51
0.510.51
0.711.01
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.84
0.21
Percentage difference between market reference rate 90.46 and exchange rate charged 90.27
0.21
1.631.63
2.283.26
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.84
0.40
Percentage difference between market reference rate 89.30 and exchange rate charged 88.94
0.40
1.821.82
2.553.64
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.84
0.40
Percentage difference between market reference rate 89.30 and exchange rate charged 88.94
0.40
1.821.82
2.553.64
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.84
0.42
Percentage difference between market reference rate 90.57 and exchange rate charged 90.19
0.42
1.841.84
2.583.69
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.84
0.44
Percentage difference between market reference rate 90.59 and exchange rate charged 90.19
0.44
1.861.86
2.603.71
money2India (ICICI Bank)
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
0.701.00
1.39
Percentage difference between market reference rate 90.54 and exchange rate charged 89.28
1.39
1.891.89
2.653.79
money2India (ICICI Bank)
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
0.701.00
1.39
Percentage difference between market reference rate 90.54 and exchange rate charged 89.28
1.39
1.891.89
2.653.79
Poste Italiane via Western Union
Firm type: Money Transfer Operator / Post office
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.904.14
0.58
Percentage difference between market reference rate 89.13 and exchange rate charged 88.61
0.58
2.652.65
3.715.30
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
0.59
Percentage difference between market reference rate 90.58 and exchange rate charged 90.05
0.59
2.732.73
3.825.46
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
0.60
Percentage difference between market reference rate 90.59 and exchange rate charged 90.05
0.60
2.742.74
3.845.49
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
0.77
Percentage difference between market reference rate 89.31 and exchange rate charged 88.62
0.77
2.912.91
4.075.81
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
0.77
Percentage difference between market reference rate 89.31 and exchange rate charged 88.62
0.77
2.912.91
4.075.81
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
2.503.57
1.14
Percentage difference between market reference rate 89.31 and exchange rate charged 88.29
1.14
2.932.93
4.105.86
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
2.503.57
1.14
Percentage difference between market reference rate 89.31 and exchange rate charged 88.29
1.14
2.932.93
4.105.86
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.995.70
0.51
Percentage difference between market reference rate 89.30 and exchange rate charged 88.84
0.51
3.363.36
4.706.71
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.995.70
0.51
Percentage difference between market reference rate 89.30 and exchange rate charged 88.84
0.51
3.363.36
4.706.71
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.907.00
0.73
Percentage difference between market reference rate 89.80 and exchange rate charged 89.14
0.73
4.234.23
5.928.46
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.007.14
0.71
Percentage difference between market reference rate 89.11 and exchange rate charged 88.48
0.71
4.284.28
5.998.56
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
6.008.57
0.20
Percentage difference between market reference rate 89.38 and exchange rate charged 89.20
0.20
4.494.49
6.298.99
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.904.14
2.58
Percentage difference between market reference rate 89.11 and exchange rate charged 86.81
2.58
4.654.65
6.519.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.904.14
2.58
Percentage difference between market reference rate 89.11 and exchange rate charged 86.81
2.58
4.654.65
6.519.30
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
9.0012.86
0.09
Percentage difference between market reference rate 89.46 and exchange rate charged 89.38
0.09
6.526.52
9.1313.04
Poste Italiane via MoneyGram
Firm type: Money Transfer Operator / Post office
Payment instrument
Access point
Post Office branch
Sending network coverage
High
Receiving method
Agent
High
8.5012.14
0.99
Percentage difference between market reference rate 89.61 and exchange rate charged 88.72
0.99
7.067.06
9.8814.11
Total Average Third Quarter 2023
2.842.84
Total Average Second Quarter 2023
3.073.07
Total Average
Fee
2.924.17
Exchange Rate Margin (%)
0.760.76
Total Cost Percent (%)
2.842.84
Total Cost (EUR) Total Cost (USD)
3.985.68
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days
Bank account Cash Own/partner bank account
Payment instrument
Access point
Sending network coverage
Receiving method
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.13
Percentage difference between market reference rate 89.29 and exchange rate charged 89.17
0.13
0.130.13
0.450.65
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.931.35
0.13
Percentage difference between market reference rate 89.29 and exchange rate charged 89.17
0.13
0.400.40
1.382.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.51
Percentage difference between market reference rate 89.30 and exchange rate charged 88.84
0.51
0.510.51
1.762.55
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.51
Percentage difference between market reference rate 89.30 and exchange rate charged 88.84
0.51
0.510.51
1.762.55
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.88
0.21
Percentage difference between market reference rate 90.46 and exchange rate charged 90.27
0.21
0.790.79
2.733.96
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.88
0.40
Percentage difference between market reference rate 89.30 and exchange rate charged 88.94
0.40
0.980.98
3.384.90
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.88
0.40
Percentage difference between market reference rate 89.30 and exchange rate charged 88.94
0.40
0.980.98
3.384.90
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
0.42
Percentage difference between market reference rate 90.57 and exchange rate charged 90.19
0.42
1.291.29
4.456.45
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
0.44
Percentage difference between market reference rate 90.59 and exchange rate charged 90.19
0.44
1.311.31
4.526.55
money2India (ICICI Bank)
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
1.732.51
1.39
Percentage difference between market reference rate 90.54 and exchange rate charged 89.28
1.39
1.891.89
6.529.45
money2India (ICICI Bank)
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
1.732.51
1.39
Percentage difference between market reference rate 90.54 and exchange rate charged 89.28
1.39
1.891.89
6.529.45
Poste Italiane via Western Union
Firm type: Money Transfer Operator / Post office
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.905.65
0.58
Percentage difference between market reference rate 89.13 and exchange rate charged 88.61
0.58
1.711.71
5.908.55
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
0.59
Percentage difference between market reference rate 90.58 and exchange rate charged 90.05
0.59
1.461.46
5.047.30
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
0.60
Percentage difference between market reference rate 90.59 and exchange rate charged 90.05
0.60
1.471.47
5.077.35
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
0.77
Percentage difference between market reference rate 89.31 and exchange rate charged 88.62
0.77
1.641.64
5.668.20
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
0.77
Percentage difference between market reference rate 89.31 and exchange rate charged 88.62
0.77
1.641.64
5.668.20
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
2.503.62
1.14
Percentage difference between market reference rate 89.31 and exchange rate charged 88.29
1.14
1.861.86
6.429.30
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
2.503.62
1.14
Percentage difference between market reference rate 89.31 and exchange rate charged 88.29
1.14
1.861.86
6.429.30
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.995.78
0.51
Percentage difference between market reference rate 89.30 and exchange rate charged 88.84
0.51
1.671.67
5.768.35
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.995.78
0.51
Percentage difference between market reference rate 89.30 and exchange rate charged 88.84
0.51
1.671.67
5.768.35
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.907.10
0.33
Percentage difference between market reference rate 89.80 and exchange rate charged 89.50
0.33
1.751.75
6.048.75
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.007.25
0.71
Percentage difference between market reference rate 89.11 and exchange rate charged 88.48
0.71
2.162.16
7.4510.80
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
9.0013.04
0.20
Percentage difference between market reference rate 89.38 and exchange rate charged 89.20
0.20
2.812.81
9.6914.04
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.905.65
2.28
Percentage difference between market reference rate 89.11 and exchange rate charged 87.07
2.28
3.413.41
11.7617.04
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.905.65
2.28
Percentage difference between market reference rate 89.11 and exchange rate charged 87.07
2.28
3.413.41
11.7617.04
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
14.6021.16
0.09
Percentage difference between market reference rate 89.46 and exchange rate charged 89.38
0.09
4.324.32
14.9021.59
Poste Italiane via MoneyGram
Firm type: Money Transfer Operator / Post office
Payment instrument
Access point
Post Office branch
Sending network coverage
High
Receiving method
Agent
High
14.0020.29
0.99
Percentage difference between market reference rate 89.61 and exchange rate charged 88.72
0.99
5.055.05
17.4225.25
Total Average Third Quarter 2023
1.801.80
Total Average Second Quarter 2023
2.062.06
Total Average
Fee
3.725.39
Exchange Rate Margin (%)
0.720.72
Total Cost Percent (%)
1.801.80
Total Cost (EUR) Total Cost (USD)
6.218.99
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days
Bank account Cash Own/partner bank account