Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From SGSingapore you can also send money to

Sending money from SINGAPORE to PAKISTAN

Data collected on: Aug 24, 2023-Sep 03, 2023
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.
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.799.07
1.69
Percentage difference between market reference rate 226.13 and exchange rate charged 222.30
1.69
6.226.22
16.1712.44
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.799.07
1.69
Percentage difference between market reference rate 226.13 and exchange rate charged 222.30
1.69
6.226.22
16.1712.44
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.993.07
1.69
Percentage difference between market reference rate 226.13 and exchange rate charged 222.30
1.69
3.223.22
8.376.44
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.993.07
1.69
Percentage difference between market reference rate 226.13 and exchange rate charged 222.30
1.69
3.223.22
8.376.44
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
2.461.89
0.31
Percentage difference between market reference rate 226.16 and exchange rate charged 225.47
0.31
1.261.26
3.282.52
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.001.54
8.20
Percentage difference between market reference rate 226.11 and exchange rate charged 207.63
8.20
8.978.97
23.3217.94
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.001.54
8.20
Percentage difference between market reference rate 226.11 and exchange rate charged 207.63
8.20
8.978.97
23.3217.94
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.808.31
1.26
Percentage difference between market reference rate 226.40 and exchange rate charged 223.54
1.26
5.415.41
14.0710.82
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.993.84
1.26
Percentage difference between market reference rate 226.40 and exchange rate charged 223.54
1.26
3.183.18
8.276.36
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
10.808.31
1.22
Percentage difference between market reference rate 226.40 and exchange rate charged 223.63
1.22
5.375.37
13.9610.74
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
1.991.53
1.22
Percentage difference between market reference rate 226.40 and exchange rate charged 223.63
1.22
1.991.99
5.173.98
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.993.84
1.46
Percentage difference between market reference rate 223.26 and exchange rate charged 220.00
1.46
3.383.38
8.796.76
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
3.002.31
10.80
Percentage difference between market reference rate 226.11 and exchange rate charged 201.76
10.80
11.9511.95
31.0723.90
Total Average Third Quarter 2023
5.345.34
Total Average Second Quarter 2023
5.005.00
Total Average
Fee
5.744.41
Exchange Rate Margin (%)
3.133.13
Total Cost Percent (%)
5.345.34
Total Cost (SGD) Total Cost (USD)
13.8710.67
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Next day
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
1.991.54
1.22
Percentage difference between market reference rate 226.40 and exchange rate charged 223.63
1.22
1.531.53
9.877.65
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.001.55
8.24
Percentage difference between market reference rate 226.11 and exchange rate charged 207.48
8.24
8.558.55
55.1542.75
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.001.55
8.24
Percentage difference between market reference rate 226.11 and exchange rate charged 207.48
8.24
8.558.55
55.1542.75
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.993.09
1.69
Percentage difference between market reference rate 226.13 and exchange rate charged 222.30
1.69
2.312.31
14.9011.55
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.993.09
1.69
Percentage difference between market reference rate 226.13 and exchange rate charged 222.30
1.69
2.312.31
14.9011.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
4.003.10
10.84
Percentage difference between market reference rate 226.11 and exchange rate charged 201.61
10.84
11.4611.46
73.9257.30
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
4.953.84
0.31
Percentage difference between market reference rate 226.16 and exchange rate charged 225.47
0.31
1.081.08
6.975.40
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.993.87
1.26
Percentage difference between market reference rate 226.40 and exchange rate charged 223.54
1.26
2.032.03
13.0910.15
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.993.87
1.46
Percentage difference between market reference rate 223.26 and exchange rate charged 220.00
1.46
2.232.23
14.3811.15
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
22.3517.33
1.26
Percentage difference between market reference rate 226.40 and exchange rate charged 223.54
1.26
4.734.73
30.5123.65
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
22.3517.33
1.22
Percentage difference between market reference rate 226.40 and exchange rate charged 223.63
1.22
4.694.69
30.2523.45
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
23.3418.09
1.69
Percentage difference between market reference rate 226.13 and exchange rate charged 222.30
1.69
5.315.31
34.2526.55
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
23.3418.09
1.69
Percentage difference between market reference rate 226.13 and exchange rate charged 222.30
1.69
5.315.31
34.2526.55
Total Average Third Quarter 2023
4.624.62
Total Average Second Quarter 2023
4.584.58
Total Average
Fee
9.567.41
Exchange Rate Margin (%)
3.143.14
Total Cost Percent (%)
4.624.62
Total Cost (SGD) Total Cost (USD)
29.8123.11
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Next day
Bank account Cash