Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From SGSingapore you can also send money to

Sending money from SINGAPORE to PHILIPPINES

Data collected on: Feb 20, 2022-Mar 06, 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
2.351.81
0.00
Percentage difference between market reference rate 37.91 and exchange rate charged 37.91
0.00
0.910.91
2.371.82
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2.992.30
0.15
Percentage difference between market reference rate 37.92 and exchange rate charged 37.86
0.15
1.301.30
3.382.60
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
0.000.00
1.36
Percentage difference between market reference rate 37.97 and exchange rate charged 37.45
1.36
1.361.36
3.542.72
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.002.31
0.23
Percentage difference between market reference rate 38.14 and exchange rate charged 38.05
0.23
1.381.38
3.592.76
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
1.39
Percentage difference between market reference rate 37.99 and exchange rate charged 37.46
1.39
1.391.39
3.612.78
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
1.45
Percentage difference between market reference rate 37.91 and exchange rate charged 37.36
1.45
1.451.45
3.772.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.002.31
0.38
Percentage difference between market reference rate 37.92 and exchange rate charged 37.77
0.38
1.541.54
4.003.08
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.002.31
0.45
Percentage difference between market reference rate 37.90 and exchange rate charged 37.73
0.45
1.601.60
4.163.20
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
1.69
Percentage difference between market reference rate 37.92 and exchange rate charged 37.28
1.69
1.691.69
4.393.38
BOSS Mobile Money
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Agent
High
3.002.31
0.64
Percentage difference between market reference rate 38.15 and exchange rate charged 37.90
0.64
1.801.80
4.683.60
Singtel Dash
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
3.802.92
0.53
Percentage difference between market reference rate 38.20 and exchange rate charged 38.00
0.53
1.991.99
5.173.98
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.003.85
0.09
Percentage difference between market reference rate 37.99 and exchange rate charged 37.96
0.09
2.022.02
5.254.04
Steadfast Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
4.003.08
0.59
Percentage difference between market reference rate 38.22 and exchange rate charged 38.00
0.59
2.132.13
5.544.26
Steadfast Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.003.08
0.59
Percentage difference between market reference rate 38.22 and exchange rate charged 38.00
0.59
2.132.13
5.544.26
Singtel Dash
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Agent
High
4.303.31
0.53
Percentage difference between market reference rate 38.20 and exchange rate charged 38.00
0.53
2.182.18
5.674.36
Brunphil Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
4.003.08
0.65
Percentage difference between market reference rate 38.00 and exchange rate charged 37.75
0.65
2.192.19
5.694.38
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.002.31
1.05
Percentage difference between market reference rate 37.89 and exchange rate charged 37.49
1.05
2.202.20
5.724.40
iRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.503.46
0.49
Percentage difference between market reference rate 38.24 and exchange rate charged 38.05
0.49
2.222.22
5.774.44
BOSS Mobile Money
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
4.303.31
0.64
Percentage difference between market reference rate 38.15 and exchange rate charged 37.90
0.64
2.302.30
5.984.60
Brunphil Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.503.46
0.67
Percentage difference between market reference rate 38.01 and exchange rate charged 37.75
0.67
2.402.40
6.244.80
iRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
5.003.85
0.50
Percentage difference between market reference rate 38.24 and exchange rate charged 38.05
0.50
2.422.42
6.294.84
Kabayan Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.503.46
0.75
Percentage difference between market reference rate 38.19 and exchange rate charged 37.90
0.75
2.482.48
6.454.96
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
3.002.31
1.45
Percentage difference between market reference rate 37.91 and exchange rate charged 37.36
1.45
2.612.61
6.795.22
A-Express Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.503.46
1.23
Percentage difference between market reference rate 38.17 and exchange rate charged 37.70
1.23
2.962.96
7.705.92
A-Express Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
5.003.85
1.23
Percentage difference between market reference rate 38.17 and exchange rate charged 37.70
1.23
3.153.15
8.196.30
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.993.07
1.62
Percentage difference between market reference rate 37.83 and exchange rate charged 37.22
1.62
3.163.16
8.226.32
Kabayan Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
4.003.08
1.78
Percentage difference between market reference rate 37.98 and exchange rate charged 37.30
1.78
3.323.32
8.636.64
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.993.07
1.79
Percentage difference between market reference rate 37.91 and exchange rate charged 37.23
1.79
3.323.32
8.636.64
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
6.505.00
0.99
Percentage difference between market reference rate 37.98 and exchange rate charged 37.60
0.99
3.493.49
9.076.98
PNB (Philippines National Bank)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
5.003.85
1.68
Percentage difference between market reference rate 37.94 and exchange rate charged 37.30
1.68
3.613.61
9.397.22
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
1.68
Percentage difference between market reference rate 37.94 and exchange rate charged 37.30
1.68
3.613.61
9.397.22
GPL Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
6.004.62
1.30
Percentage difference between market reference rate 38.24 and exchange rate charged 37.74
1.30
3.613.61
9.397.22
PNB (Philippines National Bank)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
5.003.85
1.79
Percentage difference between market reference rate 37.98 and exchange rate charged 37.30
1.79
3.723.72
9.677.44
RediMoney Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
4.003.08
2.29
Percentage difference between market reference rate 37.97 and exchange rate charged 37.10
2.29
3.833.83
9.967.66
RediMoney Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
4.503.46
2.29
Percentage difference between market reference rate 37.97 and exchange rate charged 37.10
2.29
4.024.02
10.458.04
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
10.768.28
0.23
Percentage difference between market reference rate 38.14 and exchange rate charged 38.05
0.23
4.374.37
11.368.74
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.768.28
0.45
Percentage difference between market reference rate 37.90 and exchange rate charged 37.73
0.45
4.594.59
11.939.18
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
10.808.31
1.05
Percentage difference between market reference rate 37.89 and exchange rate charged 37.49
1.05
5.205.20
13.5210.40
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.799.07
1.79
Percentage difference between market reference rate 37.91 and exchange rate charged 37.23
1.79
6.326.32
16.4312.64
Maybank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
40.0030.77
1.88
Percentage difference between market reference rate 38.02 and exchange rate charged 37.30
1.88
17.2717.27
44.9034.54
Total Average First Quarter
3.083.08
Total Average Fourth Quarter 2021
2.532.53
Total Average
Fee
5.324.09
Exchange Rate Margin (%)
1.031.03
Total Cost Percent (%)
3.083.08
Total Cost (SGD) Total Cost (USD)
8.016.16
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
0.15
Percentage difference between market reference rate 37.92 and exchange rate charged 37.86
0.15
0.600.60
3.873.00
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.002.33
0.18
Percentage difference between market reference rate 38.14 and exchange rate charged 38.07
0.18
0.640.64
4.133.20
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.423.43
0.00
Percentage difference between market reference rate 37.91 and exchange rate charged 37.91
0.00
0.690.69
4.453.45
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.002.33
0.40
Percentage difference between market reference rate 37.90 and exchange rate charged 37.75
0.40
0.860.86
5.554.30
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.003.88
0.09
Percentage difference between market reference rate 37.99 and exchange rate charged 37.96
0.09
0.870.87
5.614.35
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.003.10
0.38
Percentage difference between market reference rate 37.92 and exchange rate charged 37.77
0.38
1.001.00
6.455.00
BOSS Mobile Money
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Agent
High
3.002.33
0.64
Percentage difference between market reference rate 38.15 and exchange rate charged 37.90
0.64
1.111.11
7.165.55
Singtel Dash
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
3.802.95
0.53
Percentage difference between market reference rate 38.20 and exchange rate charged 38.00
0.53
1.121.12
7.225.60
iRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.503.49
0.49
Percentage difference between market reference rate 38.24 and exchange rate charged 38.05
0.49
1.181.18
7.615.90
Singtel Dash
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Agent
High
4.303.33
0.53
Percentage difference between market reference rate 38.20 and exchange rate charged 38.00
0.53
1.201.20
7.746.00
Steadfast Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
4.003.10
0.59
Percentage difference between market reference rate 38.22 and exchange rate charged 38.00
0.59
1.211.21
7.806.05
Steadfast Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.003.10
0.59
Percentage difference between market reference rate 38.22 and exchange rate charged 38.00
0.59
1.211.21
7.806.05
Brunphil Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
4.003.10
0.65
Percentage difference between market reference rate 38.00 and exchange rate charged 37.75
0.65
1.271.27
8.196.35
iRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
5.003.88
0.50
Percentage difference between market reference rate 38.24 and exchange rate charged 38.05
0.50
1.281.28
8.266.40
BOSS Mobile Money
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
4.303.33
0.64
Percentage difference between market reference rate 38.15 and exchange rate charged 37.90
0.64
1.311.31
8.456.55
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
0.000.00
1.36
Percentage difference between market reference rate 37.97 and exchange rate charged 37.45
1.36
1.361.36
8.776.80
Brunphil Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.503.49
0.67
Percentage difference between market reference rate 38.01 and exchange rate charged 37.75
0.67
1.371.37
8.846.85
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
1.38
Percentage difference between market reference rate 37.99 and exchange rate charged 37.47
1.38
1.381.38
8.906.90
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
1.45
Percentage difference between market reference rate 37.91 and exchange rate charged 37.36
1.45
1.451.45
9.357.25
Kabayan Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.503.49
0.75
Percentage difference between market reference rate 38.19 and exchange rate charged 37.90
0.75
1.451.45
9.357.25
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.002.33
1.05
Percentage difference between market reference rate 37.89 and exchange rate charged 37.49
1.05
1.521.52
9.807.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
1.69
Percentage difference between market reference rate 37.92 and exchange rate charged 37.28
1.69
1.691.69
10.908.45
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
3.002.33
1.45
Percentage difference between market reference rate 37.91 and exchange rate charged 37.36
1.45
1.921.92
12.389.60
A-Express Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.503.49
1.23
Percentage difference between market reference rate 38.17 and exchange rate charged 37.70
1.23
1.931.93
12.459.65
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
6.505.04
0.99
Percentage difference between market reference rate 37.98 and exchange rate charged 37.60
0.99
2.002.00
12.9010.00
A-Express Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
5.003.88
1.23
Percentage difference between market reference rate 38.17 and exchange rate charged 37.70
1.23
2.012.01
12.9610.05
GPL Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
6.004.65
1.30
Percentage difference between market reference rate 38.24 and exchange rate charged 37.74
1.30
2.232.23
14.3811.15
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.993.09
1.62
Percentage difference between market reference rate 37.83 and exchange rate charged 37.22
1.62
2.242.24
14.4511.20
Kabayan Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
4.003.10
1.78
Percentage difference between market reference rate 37.98 and exchange rate charged 37.30
1.78
2.402.40
15.4812.00
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.993.09
1.79
Percentage difference between market reference rate 37.91 and exchange rate charged 37.23
1.79
2.412.41
15.5412.05
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
1.68
Percentage difference between market reference rate 37.94 and exchange rate charged 37.30
1.68
2.462.46
15.8712.30
PNB (Philippines National Bank)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
5.003.88
1.68
Percentage difference between market reference rate 37.94 and exchange rate charged 37.30
1.68
2.462.46
15.8712.30
PNB (Philippines National Bank)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
5.003.88
1.79
Percentage difference between market reference rate 37.98 and exchange rate charged 37.30
1.79
2.572.57
16.5812.85
RediMoney Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
4.003.10
2.29
Percentage difference between market reference rate 37.97 and exchange rate charged 37.10
2.29
2.912.91
18.7714.55
RediMoney Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
4.503.49
2.29
Percentage difference between market reference rate 37.97 and exchange rate charged 37.10
2.29
2.992.99
19.2914.95
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
20.7716.10
0.18
Percentage difference between market reference rate 38.14 and exchange rate charged 38.07
0.18
3.403.40
21.9317.00
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
20.7716.10
0.40
Percentage difference between market reference rate 37.90 and exchange rate charged 37.75
0.40
3.623.62
23.3518.10
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
22.3517.33
1.05
Percentage difference between market reference rate 37.89 and exchange rate charged 37.49
1.05
4.524.52
29.1522.60
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
23.3418.09
1.79
Percentage difference between market reference rate 37.91 and exchange rate charged 37.23
1.79
5.415.41
34.8927.05
Maybank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
40.0031.01
1.88
Percentage difference between market reference rate 38.02 and exchange rate charged 37.30
1.88
8.098.09
52.1840.45
Total Average First Quarter
2.032.03
Total Average Fourth Quarter 2021
1.581.58
Total Average
Fee
6.475.02
Exchange Rate Margin (%)
1.031.03
Total Cost Percent (%)
2.032.03
Total Cost (SGD) Total Cost (USD)
13.1210.17
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