Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From SGSingapore you can also send money to

Sending money from SINGAPORE to PHILIPPINES

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.
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.571.98
0.00
Percentage difference between market reference rate 40.27 and exchange rate charged 40.27
0.00
0.990.99
2.571.98
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
1.02
Percentage difference between market reference rate 40.17 and exchange rate charged 39.76
1.02
1.021.02
2.652.04
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
0.000.00
1.12
Percentage difference between market reference rate 40.21 and exchange rate charged 39.76
1.12
1.121.12
2.912.24
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
0.000.00
1.15
Percentage difference between market reference rate 40.23 and exchange rate charged 39.76
1.15
1.151.15
2.992.30
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.992.30
0.14
Percentage difference between market reference rate 40.22 and exchange rate charged 40.16
0.14
1.291.29
3.352.58
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.002.31
0.17
Percentage difference between market reference rate 40.40 and exchange rate charged 40.33
0.17
1.321.32
3.432.64
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
1.48
Percentage difference between market reference rate 40.40 and exchange rate charged 39.80
1.48
1.481.48
3.852.96
iRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
4.003.08
0.20
Percentage difference between market reference rate 40.25 and exchange rate charged 40.17
0.20
1.741.74
4.523.48
iRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.503.46
0.20
Percentage difference between market reference rate 40.25 and exchange rate charged 40.17
0.20
1.931.93
5.023.86
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.003.85
0.03
Percentage difference between market reference rate 40.21 and exchange rate charged 40.19
0.03
1.961.96
5.103.92
Steadfast Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
4.003.08
0.46
Percentage difference between market reference rate 40.24 and exchange rate charged 40.05
0.46
2.002.00
5.204.00
Singtel Dash
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
3.802.92
0.64
Percentage difference between market reference rate 40.22 and exchange rate charged 39.96
0.64
2.102.10
5.464.20
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.002.31
1.08
Percentage difference between market reference rate 40.26 and exchange rate charged 39.82
1.08
2.232.23
5.804.46
Brunphil Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
4.003.08
0.73
Percentage difference between market reference rate 40.60 and exchange rate charged 40.30
0.73
2.272.27
5.904.54
Singtel Dash
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Agent
High
4.503.46
0.64
Percentage difference between market reference rate 40.22 and exchange rate charged 39.96
0.64
2.372.37
6.164.74
Steadfast Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
5.003.85
0.53
Percentage difference between market reference rate 40.26 and exchange rate charged 40.05
0.53
2.452.45
6.374.90
Brunphil Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.503.46
0.73
Percentage difference between market reference rate 40.60 and exchange rate charged 40.30
0.73
2.462.46
6.404.92
BOSS Mobile Money
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Agent
High
3.002.31
1.42
Percentage difference between market reference rate 40.23 and exchange rate charged 39.66
1.42
2.582.58
6.715.16
RediMoney Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
4.003.08
1.23
Percentage difference between market reference rate 40.29 and exchange rate charged 39.80
1.23
2.772.77
7.205.54
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
5.003.85
0.86
Percentage difference between market reference rate 40.22 and exchange rate charged 39.88
0.86
2.782.78
7.235.56
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.003.85
0.86
Percentage difference between market reference rate 40.23 and exchange rate charged 39.88
0.86
2.792.79
7.255.58
A-Express Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.503.46
1.21
Percentage difference between market reference rate 40.59 and exchange rate charged 40.10
1.21
2.942.94
7.645.88
RediMoney Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
4.503.46
1.23
Percentage difference between market reference rate 40.29 and exchange rate charged 39.80
1.23
2.962.96
7.705.92
BOSS Mobile Money
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
4.303.31
1.42
Percentage difference between market reference rate 40.23 and exchange rate charged 39.66
1.42
3.083.08
8.016.16
PNB (Philippines National Bank)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
5.003.85
1.18
Percentage difference between market reference rate 40.68 and exchange rate charged 40.20
1.18
3.103.10
8.066.20
PNB (Philippines National Bank)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
5.003.85
1.18
Percentage difference between market reference rate 40.68 and exchange rate charged 40.20
1.18
3.103.10
8.066.20
PNB (Philippines National Bank)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Bank branch
High
5.003.85
1.18
Percentage difference between market reference rate 40.68 and exchange rate charged 40.20
1.18
3.103.10
8.066.20
A-Express Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
5.003.85
1.21
Percentage difference between market reference rate 40.59 and exchange rate charged 40.10
1.21
3.133.13
8.146.26
Kabayan Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
4.003.08
1.64
Percentage difference between market reference rate 40.26 and exchange rate charged 39.60
1.64
3.183.18
8.276.36
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.993.07
1.66
Percentage difference between market reference rate 40.26 and exchange rate charged 39.59
1.66
3.203.20
8.326.40
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.993.07
1.67
Percentage difference between market reference rate 40.26 and exchange rate charged 39.59
1.67
3.203.20
8.326.40
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 40.24 and exchange rate charged 39.56
1.69
3.223.22
8.376.44
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
7.005.38
0.54
Percentage difference between market reference rate 40.22 and exchange rate charged 40.00
0.54
3.233.23
8.406.46
Kabayan Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.503.46
1.63
Percentage difference between market reference rate 40.26 and exchange rate charged 39.60
1.63
3.363.36
8.746.72
GPL Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
6.004.62
1.61
Percentage difference between market reference rate 40.25 and exchange rate charged 39.60
1.61
3.923.92
10.197.84
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
10.808.31
1.08
Percentage difference between market reference rate 40.26 and exchange rate charged 39.82
1.08
5.235.23
13.6010.46
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 40.24 and exchange rate charged 39.56
1.69
6.226.22
16.1712.44
Maybank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
40.0030.77
0.67
Percentage difference between market reference rate 40.57 and exchange rate charged 40.30
0.67
16.0516.05
41.7332.10
Total Average Third Quarter
2.972.97
Total Average Second Quarter
3.223.22
Total Average
Fee
5.193.99
Exchange Rate Margin (%)
0.980.98
Total Cost Percent (%)
2.972.97
Total Cost (SGD) Total Cost (USD)
7.735.95
Non-Transparent records
Bank account transfer Credit Card Debit card Mobile money Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash Mobile wallet 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
2.902.25
0.14
Percentage difference between market reference rate 40.22 and exchange rate charged 40.16
0.14
0.590.59
3.812.95
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.753.68
0.00
Percentage difference between market reference rate 40.27 and exchange rate charged 40.27
0.00
0.740.74
4.773.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.003.10
0.17
Percentage difference between market reference rate 40.40 and exchange rate charged 40.33
0.17
0.790.79
5.103.95
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.003.88
0.03
Percentage difference between market reference rate 40.21 and exchange rate charged 40.19
0.03
0.810.81
5.224.05
iRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
4.003.10
0.20
Percentage difference between market reference rate 40.25 and exchange rate charged 40.17
0.20
0.820.82
5.294.10
iRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.503.49
0.20
Percentage difference between market reference rate 40.25 and exchange rate charged 40.17
0.20
0.900.90
5.814.50
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
1.02
Percentage difference between market reference rate 40.17 and exchange rate charged 39.76
1.02
1.021.02
6.585.10
Steadfast Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
4.003.10
0.46
Percentage difference between market reference rate 40.24 and exchange rate charged 40.05
0.46
1.081.08
6.975.40
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
0.000.00
1.12
Percentage difference between market reference rate 40.21 and exchange rate charged 39.76
1.12
1.121.12
7.225.60
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
0.000.00
1.15
Percentage difference between market reference rate 40.23 and exchange rate charged 39.76
1.15
1.151.15
7.425.75
Singtel Dash
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
3.802.95
0.64
Percentage difference between market reference rate 40.22 and exchange rate charged 39.96
0.64
1.231.23
7.936.15
Steadfast Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
5.003.88
0.53
Percentage difference between market reference rate 40.26 and exchange rate charged 40.05
0.53
1.301.30
8.396.50
Singtel Dash
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Agent
High
4.503.49
0.64
Percentage difference between market reference rate 40.22 and exchange rate charged 39.96
0.64
1.341.34
8.646.70
Brunphil Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
4.003.10
0.73
Percentage difference between market reference rate 40.60 and exchange rate charged 40.30
0.73
1.351.35
8.716.75
Brunphil Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.503.49
0.73
Percentage difference between market reference rate 40.60 and exchange rate charged 40.30
0.73
1.431.43
9.227.15
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
1.48
Percentage difference between market reference rate 40.40 and exchange rate charged 39.80
1.48
1.481.48
9.557.40
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.002.33
1.08
Percentage difference between market reference rate 40.26 and exchange rate charged 39.82
1.08
1.551.55
10.007.75
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
5.003.88
0.86
Percentage difference between market reference rate 40.22 and exchange rate charged 39.88
0.86
1.631.63
10.518.15
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
7.005.43
0.54
Percentage difference between market reference rate 40.22 and exchange rate charged 40.00
0.54
1.631.63
10.518.15
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.003.88
0.86
Percentage difference between market reference rate 40.23 and exchange rate charged 39.88
0.86
1.641.64
10.588.20
RediMoney Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
4.003.10
1.23
Percentage difference between market reference rate 40.29 and exchange rate charged 39.80
1.23
1.851.85
11.939.25
BOSS Mobile Money
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Agent
High
3.002.33
1.42
Percentage difference between market reference rate 40.23 and exchange rate charged 39.66
1.42
1.891.89
12.199.45
A-Express Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.503.49
1.21
Percentage difference between market reference rate 40.59 and exchange rate charged 40.10
1.21
1.911.91
12.329.55
RediMoney Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
4.503.49
1.23
Percentage difference between market reference rate 40.29 and exchange rate charged 39.80
1.23
1.931.93
12.459.65
PNB (Philippines National Bank)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Bank branch
High
5.003.88
1.18
Percentage difference between market reference rate 40.68 and exchange rate charged 40.20
1.18
1.951.95
12.589.75
PNB (Philippines National Bank)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
5.003.88
1.18
Percentage difference between market reference rate 40.68 and exchange rate charged 40.20
1.18
1.951.95
12.589.75
PNB (Philippines National Bank)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
5.003.88
1.18
Percentage difference between market reference rate 40.68 and exchange rate charged 40.20
1.18
1.951.95
12.589.75
A-Express Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
5.003.88
1.21
Percentage difference between market reference rate 40.59 and exchange rate charged 40.10
1.21
1.981.98
12.779.90
BOSS Mobile Money
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
4.303.33
1.42
Percentage difference between market reference rate 40.23 and exchange rate charged 39.66
1.42
2.092.09
13.4810.45
Kabayan Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
4.003.10
1.64
Percentage difference between market reference rate 40.26 and exchange rate charged 39.60
1.64
2.262.26
14.5811.30
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.993.09
1.66
Percentage difference between market reference rate 40.26 and exchange rate charged 39.59
1.66
2.282.28
14.7111.40
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.993.09
1.67
Percentage difference between market reference rate 40.26 and exchange rate charged 39.59
1.67
2.292.29
14.7711.45
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 40.24 and exchange rate charged 39.56
1.69
2.302.30
14.8411.50
Kabayan Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.503.49
1.63
Percentage difference between market reference rate 40.26 and exchange rate charged 39.60
1.63
2.332.33
15.0311.65
GPL Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
6.004.65
1.61
Percentage difference between market reference rate 40.25 and exchange rate charged 39.60
1.61
2.542.54
16.3812.70
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
22.3517.33
1.08
Percentage difference between market reference rate 40.26 and exchange rate charged 39.82
1.08
4.554.55
29.3522.75
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 40.24 and exchange rate charged 39.56
1.69
5.305.30
34.1926.50
Maybank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
40.0031.01
0.67
Percentage difference between market reference rate 40.57 and exchange rate charged 40.30
0.67
6.876.87
44.3134.35
Total Average Third Quarter
1.891.89
Total Average Second Quarter
2.072.07
Total Average
Fee
5.884.56
Exchange Rate Margin (%)
0.980.98
Total Cost Percent (%)
1.891.89
Total Cost (SGD) Total Cost (USD)
12.199.45
Non-Transparent records
Bank account transfer Credit Card Debit card Mobile money Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash Mobile wallet Own/partner bank account