Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From SGSingapore you can also send money to

Sending money from SINGAPORE to INDONESIA

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)sort descendingTotal cost (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
0.83
Percentage difference between market reference rate 10,614.68 and exchange rate charged 10,526.32
0.83
0.830.83
2.161.66
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
0.000.00
0.85
Percentage difference between market reference rate 10,615.81 and exchange rate charged 10,526.00
0.85
0.850.85
2.211.70
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
0.000.00
0.87
Percentage difference between market reference rate 10,618.09 and exchange rate charged 10,526.00
0.87
0.870.87
2.261.74
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.321.78
0.01
Percentage difference between market reference rate 10,681.53 and exchange rate charged 10,680.65
0.01
0.900.90
2.341.80
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
3.492.68
0.04
Percentage difference between market reference rate 10,616.19 and exchange rate charged 10,612.13
0.04
1.381.38
3.592.76
BOSS Mobile Money
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Agent
High
3.002.31
0.66
Percentage difference between market reference rate 10,620.37 and exchange rate charged 10,550.00
0.66
1.821.82
4.733.64
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.003.85
0.18
Percentage difference between market reference rate 10,619.33 and exchange rate charged 10,600.00
0.18
2.112.11
5.494.22
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
5.003.85
0.19
Percentage difference between market reference rate 10,648.00 and exchange rate charged 10,628.00
0.19
2.112.11
5.494.22
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
2.22
Percentage difference between market reference rate 10,701.47 and exchange rate charged 10,463.47
2.22
2.222.22
5.774.44
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.002.31
1.36
Percentage difference between market reference rate 10,701.47 and exchange rate charged 10,555.50
1.36
2.522.52
6.555.04
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.002.31
1.42
Percentage difference between market reference rate 10,624.93 and exchange rate charged 10,474.37
1.42
2.572.57
6.685.14
Brunphil Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
5.003.85
0.64
Percentage difference between market reference rate 10,648.58 and exchange rate charged 10,580.00
0.64
2.572.57
6.685.14
BOSS Mobile Money
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
5.003.85
0.65
Percentage difference between market reference rate 10,618.85 and exchange rate charged 10,550.00
0.65
2.572.57
6.685.14
Brunphil Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
5.003.85
0.64
Percentage difference between market reference rate 10,648.58 and exchange rate charged 10,580.00
0.64
2.572.57
6.685.14
BKK Forex
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
5.003.85
0.86
Percentage difference between market reference rate 10,641.76 and exchange rate charged 10,550.00
0.86
2.792.79
7.255.58
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
7.005.38
0.19
Percentage difference between market reference rate 10,648.76 and exchange rate charged 10,628.00
0.19
2.892.89
7.515.78
Singtel Dash
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
7.005.38
0.38
Percentage difference between market reference rate 10,649.90 and exchange rate charged 10,609.00
0.38
3.083.08
8.016.16
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
8.006.15
0.03
Percentage difference between market reference rate 10,648.00 and exchange rate charged 10,645.00
0.03
3.113.11
8.096.22
GPL Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
8.006.15
0.48
Percentage difference between market reference rate 10,656.00 and exchange rate charged 10,605.00
0.48
3.563.56
9.267.12
JC Money Change
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
5.003.85
1.66
Percentage difference between market reference rate 10,646.91 and exchange rate charged 10,470.00
1.66
3.583.58
9.317.16
A-Express Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
6.004.62
1.31
Percentage difference between market reference rate 10,619.61 and exchange rate charged 10,480.00
1.31
3.623.62
9.417.24
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
8.006.15
0.85
Percentage difference between market reference rate 10,670.82 and exchange rate charged 10,580.00
0.85
3.933.93
10.227.86
BNI (Bank Negara Indonesia)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
10.007.69
0.31
Percentage difference between market reference rate 10,582.95 and exchange rate charged 10,550.00
0.31
4.164.16
10.828.32
Mong Lee Enterprise
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
10.007.69
0.43
Percentage difference between market reference rate 10,606.13 and exchange rate charged 10,560.00
0.43
4.284.28
11.138.56
Golden Dragon
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
10.007.69
0.64
Percentage difference between market reference rate 10,648.10 and exchange rate charged 10,580.00
0.64
4.494.49
11.678.98
All Best Enterprise
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
10.007.69
1.19
Percentage difference between market reference rate 10,626.97 and exchange rate charged 10,500.00
1.19
5.045.04
13.1010.08
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
10.808.31
1.42
Percentage difference between market reference rate 10,624.93 and exchange rate charged 10,474.37
1.42
5.575.57
14.4811.14
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
13.0010.00
0.85
Percentage difference between market reference rate 10,670.82 and exchange rate charged 10,580.00
0.85
5.855.85
15.2111.70
Raffles Money Change
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
10.007.69
2.39
Percentage difference between market reference rate 10,674.64 and exchange rate charged 10,420.00
2.39
6.236.23
16.2012.46
Mass Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
10.007.69
2.42
Percentage difference between market reference rate 10,657.60 and exchange rate charged 10,400.00
2.42
6.266.26
16.2812.52
Mass Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
12.009.23
2.41
Percentage difference between market reference rate 10,656.84 and exchange rate charged 10,400.00
2.41
7.037.03
18.2814.06
Total Average Third Quarter 2022
3.273.27
Total Average Second Quarter 2022
3.493.49
Total Average
Fee
6.124.70
Exchange Rate Margin (%)
0.920.92
Total Cost Percent (%)
3.273.27
Total Cost (SGD) Total Cost (USD)
8.506.54
Non-Transparent records
Bank account transfer Credit Card Debit card Mobile money 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
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
3.232.50
0.04
Percentage difference between market reference rate 10,616.19 and exchange rate charged 10,612.13
0.04
0.540.54
3.482.70
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.573.54
0.01
Percentage difference between market reference rate 10,681.53 and exchange rate charged 10,680.65
0.01
0.720.72
4.643.60
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
0.83
Percentage difference between market reference rate 10,614.68 and exchange rate charged 10,526.32
0.83
0.830.83
5.354.15
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
0.000.00
0.85
Percentage difference between market reference rate 10,615.81 and exchange rate charged 10,526.00
0.85
0.850.85
5.484.25
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
0.000.00
0.87
Percentage difference between market reference rate 10,618.09 and exchange rate charged 10,526.00
0.87
0.870.87
5.614.35
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.003.88
0.18
Percentage difference between market reference rate 10,619.33 and exchange rate charged 10,600.00
0.18
0.960.96
6.194.80
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
5.003.88
0.19
Percentage difference between market reference rate 10,648.00 and exchange rate charged 10,628.00
0.19
0.960.96
6.194.80
BOSS Mobile Money
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Agent
High
3.002.33
0.66
Percentage difference between market reference rate 10,620.37 and exchange rate charged 10,550.00
0.66
1.131.13
7.295.65
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
8.006.20
0.03
Percentage difference between market reference rate 10,648.00 and exchange rate charged 10,645.00
0.03
1.271.27
8.196.35
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
7.005.43
0.19
Percentage difference between market reference rate 10,648.76 and exchange rate charged 10,628.00
0.19
1.281.28
8.266.40
Brunphil Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
5.003.88
0.64
Percentage difference between market reference rate 10,648.58 and exchange rate charged 10,580.00
0.64
1.421.42
9.167.10
BOSS Mobile Money
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
5.003.88
0.65
Percentage difference between market reference rate 10,618.85 and exchange rate charged 10,550.00
0.65
1.421.42
9.167.10
Brunphil Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
5.003.88
0.64
Percentage difference between market reference rate 10,648.58 and exchange rate charged 10,580.00
0.64
1.421.42
9.167.10
Singtel Dash
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
7.005.43
0.38
Percentage difference between market reference rate 10,649.90 and exchange rate charged 10,609.00
0.38
1.471.47
9.487.35
BKK Forex
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
5.003.88
0.86
Percentage difference between market reference rate 10,641.76 and exchange rate charged 10,550.00
0.86
1.641.64
10.588.20
GPL Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
8.006.20
0.48
Percentage difference between market reference rate 10,656.00 and exchange rate charged 10,605.00
0.48
1.721.72
11.098.60
BNI (Bank Negara Indonesia)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
10.007.75
0.31
Percentage difference between market reference rate 10,582.95 and exchange rate charged 10,550.00
0.31
1.861.86
12.009.30
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.002.33
1.42
Percentage difference between market reference rate 10,624.93 and exchange rate charged 10,474.37
1.42
1.881.88
12.139.40
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.003.10
1.36
Percentage difference between market reference rate 10,701.47 and exchange rate charged 10,555.50
1.36
1.981.98
12.779.90
Mong Lee Enterprise
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
10.007.75
0.43
Percentage difference between market reference rate 10,606.13 and exchange rate charged 10,560.00
0.43
1.991.99
12.849.95
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
8.006.20
0.85
Percentage difference between market reference rate 10,670.82 and exchange rate charged 10,580.00
0.85
2.092.09
13.4810.45
Golden Dragon
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
10.007.75
0.64
Percentage difference between market reference rate 10,648.10 and exchange rate charged 10,580.00
0.64
2.192.19
14.1310.95
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
2.22
Percentage difference between market reference rate 10,701.47 and exchange rate charged 10,463.47
2.22
2.222.22
14.3211.10
A-Express Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
6.004.65
1.31
Percentage difference between market reference rate 10,619.61 and exchange rate charged 10,480.00
1.31
2.242.24
14.4511.20
JC Money Change
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
5.003.88
1.66
Percentage difference between market reference rate 10,646.91 and exchange rate charged 10,470.00
1.66
2.442.44
15.7412.20
All Best Enterprise
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
10.007.75
1.19
Percentage difference between market reference rate 10,626.97 and exchange rate charged 10,500.00
1.19
2.752.75
17.7413.75
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
13.0010.08
0.85
Percentage difference between market reference rate 10,670.82 and exchange rate charged 10,580.00
0.85
2.872.87
18.5114.35
Raffles Money Change
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
10.007.75
2.39
Percentage difference between market reference rate 10,674.64 and exchange rate charged 10,420.00
2.39
3.943.94
25.4119.70
Mass Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
10.007.75
2.42
Percentage difference between market reference rate 10,657.60 and exchange rate charged 10,400.00
2.42
3.973.97
25.6119.85
Mass Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
12.009.30
2.41
Percentage difference between market reference rate 10,656.84 and exchange rate charged 10,400.00
2.41
4.274.27
27.5421.35
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
22.3517.33
1.42
Percentage difference between market reference rate 10,624.93 and exchange rate charged 10,474.37
1.42
4.884.88
31.4824.40
Total Average Third Quarter 2022
1.941.94
Total Average Second Quarter 2022
2.152.15
Total Average
Fee
6.595.11
Exchange Rate Margin (%)
0.920.92
Total Cost Percent (%)
1.941.94
Total Cost (SGD) Total Cost (USD)
12.509.69
Non-Transparent records
Bank account transfer Credit Card Debit card Mobile money Cash
Less than one hour Same day Next day 2 days
Bank account Cash Own/partner bank account