Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From SGSingapore you can also send money to

Sending money from SINGAPORE to INDONESIA

Data collected on: Nov 09, 2022-Dec 01, 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.
JC Money Change
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
5.003.85
2.46
Percentage difference between market reference rate 11,481.97 and exchange rate charged 11,200.00
2.46
4.384.38
11.398.76
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.632.02
-0.01
Percentage difference between market reference rate 11,189.11 and exchange rate charged 11,189.90
-0.01
1.011.01
2.632.02
BNI (Bank Negara Indonesia)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
10.007.69
2.85
Percentage difference between market reference rate 11,476.74 and exchange rate charged 11,150.00
2.85
6.696.69
17.3913.38
Mass Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
12.009.23
2.87
Percentage difference between market reference rate 11,417.28 and exchange rate charged 11,090.00
2.87
7.487.48
19.4514.96
BOSS Mobile Money
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
3.002.31
2.30
Percentage difference between market reference rate 11,474.05 and exchange rate charged 11,210.00
2.30
3.463.46
9.006.92
GPL Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
10.007.69
0.56
Percentage difference between market reference rate 11,383.91 and exchange rate charged 11,320.00
0.56
4.414.41
11.478.82
Mass Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
10.007.69
2.87
Percentage difference between market reference rate 11,417.28 and exchange rate charged 11,090.00
2.87
6.716.71
17.4513.42
Singtel Dash
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
7.005.38
0.09
Percentage difference between market reference rate 11,399.79 and exchange rate charged 11,389.00
0.09
2.792.79
7.255.58
BKK Forex
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
5.003.85
2.25
Percentage difference between market reference rate 11,478.47 and exchange rate charged 11,220.00
2.25
4.174.17
10.848.34
Mong Lee Enterprise
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
10.007.69
1.57
Percentage difference between market reference rate 11,480.46 and exchange rate charged 11,300.00
1.57
5.425.42
14.0910.84
BOSS Mobile Money
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
5.003.85
2.30
Percentage difference between market reference rate 11,474.05 and exchange rate charged 11,210.00
2.30
4.224.22
10.978.44
Golden Dragon
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 11,477.40 and exchange rate charged 11,200.00
2.42
6.266.26
16.2812.52
Raffles Money Change
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
10.007.69
1.87
Percentage difference between market reference rate 11,392.68 and exchange rate charged 11,180.00
1.87
5.715.71
14.8511.42
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
0.000.00
2.11
Percentage difference between market reference rate 11,478.16 and exchange rate charged 11,235.95
2.11
2.112.11
5.494.22
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.003.85
0.09
Percentage difference between market reference rate 11,510.54 and exchange rate charged 11,500.00
0.09
2.012.01
5.234.02
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
8.006.15
0.65
Percentage difference between market reference rate 11,383.46 and exchange rate charged 11,310.00
0.65
3.723.72
9.677.44
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
0.000.00
1.50
Percentage difference between market reference rate 11,406.48 and exchange rate charged 11,235.00
1.50
1.501.50
3.903.00
A-Express Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
6.004.62
1.06
Percentage difference between market reference rate 11,391.02 and exchange rate charged 11,270.00
1.06
3.373.37
8.766.74
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
13.0010.00
0.65
Percentage difference between market reference rate 11,383.46 and exchange rate charged 11,310.00
0.65
5.655.65
14.6911.30
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
1.55
Percentage difference between market reference rate 11,413.12 and exchange rate charged 11,235.96
1.55
1.551.55
4.033.10
Brunphil Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
5.003.85
2.61
Percentage difference between market reference rate 11,479.46 and exchange rate charged 11,180.00
2.61
4.534.53
11.789.06
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
7.005.38
0.17
Percentage difference between market reference rate 11,399.79 and exchange rate charged 11,380.00
0.17
2.872.87
7.465.74
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.43
Percentage difference between market reference rate 11,375.57 and exchange rate charged 11,098.95
2.43
2.432.43
6.324.86
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
3.002.31
1.57
Percentage difference between market reference rate 11,375.57 and exchange rate charged 11,196.57
1.57
2.732.73
7.105.46
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.003.85
0.17
Percentage difference between market reference rate 11,399.79 and exchange rate charged 11,380.00
0.17
2.102.10
5.464.20
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.43
Percentage difference between market reference rate 11,375.57 and exchange rate charged 11,098.95
2.43
2.432.43
6.324.86
Brunphil Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
5.003.85
2.61
Percentage difference between market reference rate 11,479.46 and exchange rate charged 11,180.00
2.61
4.534.53
11.789.06
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
8.006.15
0.65
Percentage difference between market reference rate 11,383.46 and exchange rate charged 11,310.00
0.65
3.723.72
9.677.44
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
3.492.68
0.08
Percentage difference between market reference rate 11,447.01 and exchange rate charged 11,438.12
0.08
1.421.42
3.692.84
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.808.31
1.86
Percentage difference between market reference rate 11,502.16 and exchange rate charged 11,287.66
1.86
6.026.02
15.6512.04
All Best Enterprise
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
10.007.69
2.13
Percentage difference between market reference rate 11,381.92 and exchange rate charged 11,140.00
2.13
5.975.97
15.5211.94
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
13.0010.00
0.65
Percentage difference between market reference rate 11,383.46 and exchange rate charged 11,310.00
0.65
5.655.65
14.6911.30
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
8.006.15
0.02
Percentage difference between market reference rate 11,387.29 and exchange rate charged 11,385.00
0.02
3.103.10
8.066.20
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.002.31
1.86
Percentage difference between market reference rate 11,502.16 and exchange rate charged 11,287.66
1.86
3.023.02
7.856.04
Total Average Fourth Quarter 2022
3.923.92
Total Average Third Quarter 2022
3.273.27
Total Average
Fee
6.264.82
Exchange Rate Margin (%)
1.511.51
Total Cost Percent (%)
3.923.92
Total Cost (SGD) Total Cost (USD)
10.187.83
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
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.003.88
0.17
Percentage difference between market reference rate 11,399.79 and exchange rate charged 11,380.00
0.17
0.950.95
6.134.75
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.43
Percentage difference between market reference rate 11,375.57 and exchange rate charged 11,098.95
2.43
2.432.43
15.6712.15
Brunphil Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
5.003.88
2.61
Percentage difference between market reference rate 11,479.46 and exchange rate charged 11,180.00
2.61
3.383.38
21.8016.90
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
8.006.20
0.65
Percentage difference between market reference rate 11,383.46 and exchange rate charged 11,310.00
0.65
1.891.89
12.199.45
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
22.3517.33
1.86
Percentage difference between market reference rate 11,502.16 and exchange rate charged 11,287.66
1.86
5.335.33
34.3826.65
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
3.552.75
0.08
Percentage difference between market reference rate 11,447.01 and exchange rate charged 11,438.12
0.08
0.630.63
4.063.15
All Best Enterprise
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
10.007.75
2.13
Percentage difference between market reference rate 11,381.92 and exchange rate charged 11,140.00
2.13
3.683.68
23.7418.40
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
13.0010.08
0.65
Percentage difference between market reference rate 11,383.46 and exchange rate charged 11,310.00
0.65
2.662.66
17.1613.30
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.002.33
1.86
Percentage difference between market reference rate 11,502.16 and exchange rate charged 11,287.66
1.86
2.332.33
15.0311.65
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
8.006.20
0.02
Percentage difference between market reference rate 11,387.29 and exchange rate charged 11,385.00
0.02
1.261.26
8.136.30
JC Money Change
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
5.003.88
2.46
Percentage difference between market reference rate 11,481.97 and exchange rate charged 11,200.00
2.46
3.233.23
20.8316.15
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.933.82
-0.01
Percentage difference between market reference rate 11,189.11 and exchange rate charged 11,189.90
-0.01
0.760.76
4.903.80
BNI (Bank Negara Indonesia)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
10.007.75
2.85
Percentage difference between market reference rate 11,476.74 and exchange rate charged 11,150.00
2.85
4.404.40
28.3822.00
Mass Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
12.009.30
2.87
Percentage difference between market reference rate 11,417.28 and exchange rate charged 11,090.00
2.87
4.734.73
30.5123.65
BOSS Mobile Money
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
3.002.33
2.30
Percentage difference between market reference rate 11,474.05 and exchange rate charged 11,210.00
2.30
2.772.77
17.8713.85
GPL Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
10.007.75
0.56
Percentage difference between market reference rate 11,383.91 and exchange rate charged 11,320.00
0.56
2.112.11
13.6110.55
Mass Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
10.007.75
2.87
Percentage difference between market reference rate 11,417.28 and exchange rate charged 11,090.00
2.87
4.424.42
28.5122.10
Singtel Dash
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
7.005.43
0.09
Percentage difference between market reference rate 11,399.79 and exchange rate charged 11,389.00
0.09
1.181.18
7.615.90
BKK Forex
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
5.003.88
2.25
Percentage difference between market reference rate 11,478.47 and exchange rate charged 11,220.00
2.25
3.033.03
19.5415.15
Mong Lee Enterprise
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
10.007.75
1.57
Percentage difference between market reference rate 11,480.46 and exchange rate charged 11,300.00
1.57
3.123.12
20.1215.60
BOSS Mobile Money
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
5.003.88
2.30
Percentage difference between market reference rate 11,474.05 and exchange rate charged 11,210.00
2.30
3.083.08
19.8715.40
Golden Dragon
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 11,477.40 and exchange rate charged 11,200.00
2.42
3.973.97
25.6119.85
Raffles Money Change
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
10.007.75
1.87
Percentage difference between market reference rate 11,392.68 and exchange rate charged 11,180.00
1.87
3.423.42
22.0617.10
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
0.000.00
2.11
Percentage difference between market reference rate 11,478.16 and exchange rate charged 11,235.95
2.11
2.112.11
13.6110.55
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.003.88
0.09
Percentage difference between market reference rate 11,510.54 and exchange rate charged 11,500.00
0.09
0.870.87
5.614.35
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
8.006.20
0.65
Percentage difference between market reference rate 11,383.46 and exchange rate charged 11,310.00
0.65
1.891.89
12.199.45
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
0.000.00
1.50
Percentage difference between market reference rate 11,406.48 and exchange rate charged 11,235.00
1.50
1.501.50
9.687.50
A-Express Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
6.004.65
1.06
Percentage difference between market reference rate 11,391.02 and exchange rate charged 11,270.00
1.06
1.991.99
12.849.95
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
13.0010.08
0.65
Percentage difference between market reference rate 11,383.46 and exchange rate charged 11,310.00
0.65
2.662.66
17.1613.30
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
1.55
Percentage difference between market reference rate 11,413.12 and exchange rate charged 11,235.96
1.55
1.551.55
10.007.75
Brunphil Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
5.003.88
2.61
Percentage difference between market reference rate 11,479.46 and exchange rate charged 11,180.00
2.61
3.383.38
21.8016.90
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
7.005.43
0.17
Percentage difference between market reference rate 11,399.79 and exchange rate charged 11,380.00
0.17
1.261.26
8.136.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.43
Percentage difference between market reference rate 11,375.57 and exchange rate charged 11,098.95
2.43
2.432.43
15.6712.15
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
4.003.10
1.57
Percentage difference between market reference rate 11,375.57 and exchange rate charged 11,196.57
1.57
2.192.19
14.1310.95
Total Average Fourth Quarter 2022
2.552.55
Total Average Third Quarter 2022
1.941.94
Total Average
Fee
6.705.19
Exchange Rate Margin (%)
1.511.51
Total Cost Percent (%)
2.552.55
Total Cost (SGD) Total Cost (USD)
16.4312.73
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