Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From PKPakistan you can also send money to

Sending money from PAKISTAN to BANGLADESH

Data collected on: Aug 27, 2023-Sep 05, 2023
PKR | 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 (PKR)sort ascendingTotal cost (USD)sort ascending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1,685.0016.05
6.90
Percentage difference between market reference rate 0.39 and exchange rate charged 0.36
6.90
14.9214.92
3,133.2029.84
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1,685.0016.05
5.73
Percentage difference between market reference rate 0.39 and exchange rate charged 0.37
5.73
13.7513.75
2,887.5027.50
Total Average Third Quarter 2023
14.3414.34
Total Average Second Quarter 2023
7.487.48
Total Average
Fee
1,685.0016.05
Exchange Rate Margin (%)
6.326.32
Total Cost Percent (%)
14.3414.34
Total Cost (PKR) Total Cost (USD)
3,010.3528.67
Non-Transparent records
Cash
Less than one hour Same day
Cash
Payment instrument
Access point
Sending network coverage
Receiving method
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3,130.0029.89
5.73
Percentage difference between market reference rate 0.39 and exchange rate charged 0.37
5.73
11.7111.71
6,130.1958.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3,130.0029.89
6.90
Percentage difference between market reference rate 0.39 and exchange rate charged 0.36
6.90
12.8812.88
6,742.6864.40
Total Average Third Quarter 2023
12.3012.30
Total Average Second Quarter 2023
4.484.48
Total Average
Fee
3,130.0029.89
Exchange Rate Margin (%)
6.326.32
Total Cost Percent (%)
12.3012.30
Total Cost (PKR) Total Cost (USD)
6,436.4461.48
Non-Transparent records
Cash
Less than one hour Same day
Cash