Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From SGSingapore you can also send money to

Sending money from SINGAPORE to BANGLADESH

Data collected on: Aug 17, 2022-Sep 08, 2022
SGD | 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 (SGD)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.003.08
2.43
Percentage difference between market reference rate 79.59 and exchange rate charged 77.65
2.43
3.973.97
10.327.94
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.002.31
0.02
Percentage difference between market reference rate 79.59 and exchange rate charged 79.57
0.02
1.171.17
3.042.34
Agrani Exchange House (Agrani Bank)
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
5.003.85
15.56
Percentage difference between market reference rate 79.59 and exchange rate charged 67.20
15.56
17.4917.49
45.4734.98
Prime Bank (Prime Exchange Co.)
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
5.003.85
2.18
Percentage difference between market reference rate 79.59 and exchange rate charged 77.85
2.18
4.114.11
10.698.22
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.491.92
14.64
Percentage difference between market reference rate 79.59 and exchange rate charged 67.93
14.64
15.6015.60
40.5631.20
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.013.08
14.57
Percentage difference between market reference rate 79.59 and exchange rate charged 67.99
14.57
16.1116.11
41.8932.22
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.993.84
16.69
Percentage difference between market reference rate 79.59 and exchange rate charged 66.30
16.69
18.6118.61
48.3937.22
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.002.31
2.52
Percentage difference between market reference rate 79.59 and exchange rate charged 77.58
2.52
3.683.68
9.577.36
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
12.799.84
16.67
Percentage difference between market reference rate 79.59 and exchange rate charged 66.32
16.67
21.5921.59
56.1343.18
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
0.44
Percentage difference between market reference rate 79.59 and exchange rate charged 79.23
0.44
0.440.44
1.140.88
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.993.84
16.67
Percentage difference between market reference rate 79.59 and exchange rate charged 66.32
16.67
18.5918.59
48.3337.18
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
10.808.31
0.54
Percentage difference between market reference rate 79.59 and exchange rate charged 79.16
0.54
4.694.69
12.199.38
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.003.85
2.62
Percentage difference between market reference rate 79.59 and exchange rate charged 77.50
2.62
4.554.55
11.839.10
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.002.31
0.54
Percentage difference between market reference rate 79.59 and exchange rate charged 79.16
0.54
1.691.69
4.393.38
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
4.003.08
2.43
Percentage difference between market reference rate 79.59 and exchange rate charged 77.65
2.43
3.973.97
10.327.94
NBL Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
5.003.85
1.99
Percentage difference between market reference rate 79.59 and exchange rate charged 78.00
1.99
3.923.92
10.197.84
Total Average Third Quarter 2022
8.768.76
Total Average Second Quarter 2022
3.413.41
Total Average
Fee
4.823.71
Exchange Rate Margin (%)
6.916.91
Total Cost Percent (%)
8.768.76
Total Cost (SGD) Total Cost (USD)
22.7817.52
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
0.44
Percentage difference between market reference rate 79.59 and exchange rate charged 79.23
0.44
0.440.44
2.842.20
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.002.33
2.52
Percentage difference between market reference rate 79.59 and exchange rate charged 77.58
2.52
2.992.99
19.2914.95
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.002.33
0.54
Percentage difference between market reference rate 79.59 and exchange rate charged 79.16
0.54
1.001.00
6.455.00
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.232.50
14.64
Percentage difference between market reference rate 79.59 and exchange rate charged 67.93
14.64
15.1415.14
97.6575.70
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
4.003.10
2.43
Percentage difference between market reference rate 79.59 and exchange rate charged 77.65
2.43
3.053.05
19.6715.25
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.003.10
2.43
Percentage difference between market reference rate 79.59 and exchange rate charged 77.65
2.43
3.053.05
19.6715.25
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.003.10
0.02
Percentage difference between market reference rate 79.59 and exchange rate charged 79.57
0.02
0.640.64
4.133.20
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.993.87
16.69
Percentage difference between market reference rate 79.59 and exchange rate charged 66.30
16.69
17.4717.47
112.6887.35
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.993.87
16.67
Percentage difference between market reference rate 79.59 and exchange rate charged 66.32
16.67
17.4417.44
112.4987.20
Agrani Exchange House (Agrani Bank)
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
5.003.88
15.56
Percentage difference between market reference rate 79.59 and exchange rate charged 67.20
15.56
16.3416.34
105.3981.70
Prime Bank (Prime Exchange Co.)
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
5.003.88
2.18
Percentage difference between market reference rate 79.59 and exchange rate charged 77.85
2.18
2.962.96
19.0914.80
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.003.88
2.62
Percentage difference between market reference rate 79.59 and exchange rate charged 77.50
2.62
3.403.40
21.9317.00
NBL Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
5.003.88
1.99
Percentage difference between market reference rate 79.59 and exchange rate charged 78.00
1.99
2.772.77
17.8713.85
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.575.09
14.57
Percentage difference between market reference rate 79.59 and exchange rate charged 67.99
14.57
15.5915.59
100.5677.95
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
22.3517.33
0.54
Percentage difference between market reference rate 79.59 and exchange rate charged 79.16
0.54
4.004.00
25.8020.00
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
24.3418.87
16.67
Percentage difference between market reference rate 79.59 and exchange rate charged 66.32
16.67
20.4420.44
131.84102.20
Total Average Third Quarter 2022
7.927.92
Total Average Second Quarter 2022
2.452.45
Total Average
Fee
6.535.06
Exchange Rate Margin (%)
6.916.91
Total Cost Percent (%)
7.927.92
Total Cost (SGD) Total Cost (USD)
51.0839.60
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days
Bank account Cash