Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From SGSingapore you can also send money to

Sending money from SINGAPORE to PHILIPPINES

Data collected on: May 06, 2024-May 29, 2024
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.
Pay2Home Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.003.85
0.46
Percentage difference between market reference rate 42.95 and exchange rate charged 42.75
0.46
2.382.38
6.194.76
Brunphil Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.503.46
0.78
Percentage difference between market reference rate 43.03 and exchange rate charged 42.70
0.78
2.512.51
6.535.02
Kabayan Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
4.003.08
0.50
Percentage difference between market reference rate 43.02 and exchange rate charged 42.80
0.50
2.042.04
5.304.08
PNB (Philippines National Bank)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
5.003.85
0.87
Percentage difference between market reference rate 42.92 and exchange rate charged 42.55
0.87
2.792.79
7.255.58
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
0.000.00
1.10
Percentage difference between market reference rate 43.01 and exchange rate charged 42.54
1.10
1.101.10
2.862.20
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
0.000.00
1.29
Percentage difference between market reference rate 43.09 and exchange rate charged 42.54
1.29
1.291.29
3.352.58
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
1.27
Percentage difference between market reference rate 43.09 and exchange rate charged 42.54
1.27
1.271.27
3.302.54
Singtel Dash
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
4.503.46
0.48
Percentage difference between market reference rate 42.95 and exchange rate charged 42.74
0.48
2.212.21
5.754.42
Singtel Dash
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
3.802.92
0.48
Percentage difference between market reference rate 42.95 and exchange rate charged 42.74
0.48
1.941.94
5.043.88
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
3.002.31
0.50
Percentage difference between market reference rate 42.63 and exchange rate charged 42.42
0.50
1.651.65
4.293.30
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
3.012.32
0.17
Percentage difference between market reference rate 42.78 and exchange rate charged 42.70
0.17
1.331.33
3.462.66
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.002.31
1.24
Percentage difference between market reference rate 42.95 and exchange rate charged 42.42
1.24
2.392.39
6.214.78
Maybank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
40.0030.77
4.54
Percentage difference between market reference rate 42.93 and exchange rate charged 40.98
4.54
19.9219.92
51.7939.84
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
3.002.31
1.24
Percentage difference between market reference rate 42.95 and exchange rate charged 42.42
1.24
2.392.39
6.214.78
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.004.62
0.85
Percentage difference between market reference rate 42.63 and exchange rate charged 42.27
0.85
3.163.16
8.226.32
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.004.62
0.85
Percentage difference between market reference rate 42.63 and exchange rate charged 42.27
0.85
3.163.16
8.226.32
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.808.31
1.09
Percentage difference between market reference rate 42.63 and exchange rate charged 42.16
1.09
5.245.24
13.6210.48
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.002.31
1.09
Percentage difference between market reference rate 42.63 and exchange rate charged 42.16
1.09
2.242.24
5.824.48
A-Express Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
5.003.85
0.08
Percentage difference between market reference rate 42.97 and exchange rate charged 42.93
0.08
2.002.00
5.204.00
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.799.07
1.66
Percentage difference between market reference rate 42.32 and exchange rate charged 41.62
1.66
6.196.19
16.0912.38
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.799.07
1.66
Percentage difference between market reference rate 42.32 and exchange rate charged 41.62
1.66
6.196.19
16.0912.38
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 42.32 and exchange rate charged 41.62
1.66
3.193.19
8.296.38
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 42.32 and exchange rate charged 41.62
1.66
3.193.19
8.296.38
DBS
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
25.0019.23
0.57
Percentage difference between market reference rate 0.74 and exchange rate charged 0.74
0.57
10.1910.19
26.4920.38
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.003.85
0.81
Percentage difference between market reference rate 42.98 and exchange rate charged 42.63
0.81
2.732.73
7.105.46
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 42.97 and exchange rate charged 42.75
0.50
2.422.42
6.294.84
Steadfast Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
4.003.08
1.21
Percentage difference between market reference rate 42.97 and exchange rate charged 42.45
1.21
2.752.75
7.155.50
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.721.32
0.03
Percentage difference between market reference rate 42.93 and exchange rate charged 42.91
0.03
0.690.69
1.791.38
Brunphil Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
4.503.46
0.78
Percentage difference between market reference rate 43.03 and exchange rate charged 42.70
0.78
2.512.51
6.535.02
PNB (Philippines National Bank)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
5.003.85
0.57
Percentage difference between market reference rate 43.05 and exchange rate charged 42.80
0.57
2.492.49
6.474.98
GPL Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
6.004.62
1.46
Percentage difference between market reference rate 42.93 and exchange rate charged 42.30
1.46
3.773.77
9.807.54
Kabayan Remittance
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 43.01 and exchange rate charged 42.80
0.49
2.222.22
5.774.44
A-Express Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.503.46
0.08
Percentage difference between market reference rate 42.97 and exchange rate charged 42.93
0.08
1.811.81
4.713.62
Steadfast Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
5.003.85
1.21
Percentage difference between market reference rate 42.97 and exchange rate charged 42.45
1.21
3.133.13
8.146.26
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
0.87
Percentage difference between market reference rate 42.92 and exchange rate charged 42.55
0.87
2.792.79
7.255.58
Total Average Second Quarter
3.353.35
Total Average First Quarter
3.223.22
Total Average
Fee
6.184.76
Exchange Rate Margin (%)
0.970.97
Total Cost Percent (%)
3.353.35
Total Cost (SGD) Total Cost (USD)
8.716.70
Non-Transparent records
Bank account transfer Credit Card Debit card Mobile money Cash
Less than one hour Same day Next day 2 days 6 days or more
Bank account Cash Mobile wallet Own/partner bank account
Payment instrument
Access point
Sending network coverage
Receiving method
Maybank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
40.0031.01
4.54
Percentage difference between market reference rate 42.93 and exchange rate charged 40.98
4.54
10.7410.74
69.2753.70
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
23.3418.09
1.66
Percentage difference between market reference rate 42.32 and exchange rate charged 41.62
1.66
5.285.28
34.0626.40
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
23.3418.09
1.66
Percentage difference between market reference rate 42.32 and exchange rate charged 41.62
1.66
5.285.28
34.0626.40
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
22.3517.33
1.09
Percentage difference between market reference rate 42.63 and exchange rate charged 42.16
1.09
4.564.56
29.4122.80
DBS
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
25.0019.38
0.57
Percentage difference between market reference rate 0.74 and exchange rate charged 0.74
0.57
4.454.45
28.7022.25
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
19.0014.73
0.85
Percentage difference between market reference rate 42.63 and exchange rate charged 42.27
0.85
3.803.80
24.5119.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
19.0014.73
0.85
Percentage difference between market reference rate 42.63 and exchange rate charged 42.27
0.85
3.803.80
24.5119.00
GPL Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
6.004.65
1.46
Percentage difference between market reference rate 42.93 and exchange rate charged 42.30
1.46
2.392.39
15.4211.95
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 42.32 and exchange rate charged 41.62
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
1.66
Percentage difference between market reference rate 42.32 and exchange rate charged 41.62
1.66
2.282.28
14.7111.40
Steadfast Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
5.003.88
1.21
Percentage difference between market reference rate 42.97 and exchange rate charged 42.45
1.21
1.991.99
12.849.95
Steadfast Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
4.003.10
1.21
Percentage difference between market reference rate 42.97 and exchange rate charged 42.45
1.21
1.831.83
11.809.15
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
3.002.33
1.24
Percentage difference between market reference rate 42.95 and exchange rate charged 42.42
1.24
1.711.71
11.038.55
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.002.33
1.24
Percentage difference between market reference rate 42.95 and exchange rate charged 42.42
1.24
1.711.71
11.038.55
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
0.87
Percentage difference between market reference rate 42.92 and exchange rate charged 42.55
0.87
1.651.65
10.648.25
PNB (Philippines National Bank)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
5.003.88
0.87
Percentage difference between market reference rate 42.92 and exchange rate charged 42.55
0.87
1.651.65
10.648.25
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.003.88
0.81
Percentage difference between market reference rate 42.98 and exchange rate charged 42.63
0.81
1.591.59
10.267.95
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.002.33
1.09
Percentage difference between market reference rate 42.63 and exchange rate charged 42.16
1.09
1.561.56
10.067.80
Brunphil Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.503.49
0.78
Percentage difference between market reference rate 43.03 and exchange rate charged 42.70
0.78
1.481.48
9.557.40
Brunphil Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
4.503.49
0.78
Percentage difference between market reference rate 43.03 and exchange rate charged 42.70
0.78
1.481.48
9.557.40
PNB (Philippines National Bank)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
5.003.88
0.57
Percentage difference between market reference rate 43.05 and exchange rate charged 42.80
0.57
1.351.35
8.716.75
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
0.000.00
1.29
Percentage difference between market reference rate 43.09 and exchange rate charged 42.54
1.29
1.291.29
8.326.45
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 42.97 and exchange rate charged 42.75
0.50
1.281.28
8.266.40
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
1.27
Percentage difference between market reference rate 43.09 and exchange rate charged 42.54
1.27
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
5.003.88
0.46
Percentage difference between market reference rate 42.95 and exchange rate charged 42.75
0.46
1.241.24
8.006.20
Kabayan Remittance
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 43.01 and exchange rate charged 42.80
0.49
1.191.19
7.685.95
Singtel Dash
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
4.503.49
0.48
Percentage difference between market reference rate 42.95 and exchange rate charged 42.74
0.48
1.181.18
7.615.90
Kabayan Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
4.003.10
0.50
Percentage difference between market reference rate 43.02 and exchange rate charged 42.80
0.50
1.121.12
7.225.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
4.003.10
0.50
Percentage difference between market reference rate 42.63 and exchange rate charged 42.42
0.50
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
1.10
Percentage difference between market reference rate 43.01 and exchange rate charged 42.54
1.10
1.101.10
7.105.50
Singtel Dash
Firm type: Mobile Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
3.802.95
0.48
Percentage difference between market reference rate 42.95 and exchange rate charged 42.74
0.48
1.071.07
6.905.35
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.314.12
0.17
Percentage difference between market reference rate 42.78 and exchange rate charged 42.70
0.17
0.990.99
6.394.95
A-Express Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Medium
5.003.88
0.08
Percentage difference between market reference rate 42.97 and exchange rate charged 42.93
0.08
0.860.86
5.554.30
A-Express Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
4.503.49
0.08
Percentage difference between market reference rate 42.97 and exchange rate charged 42.93
0.08
0.780.78
5.033.90
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
4.263.30
0.03
Percentage difference between market reference rate 42.93 and exchange rate charged 42.91
0.03
0.690.69
4.453.45
Total Average Second Quarter
2.232.23
Total Average First Quarter
2.152.15
Total Average
Fee
8.086.27
Exchange Rate Margin (%)
0.970.97
Total Cost Percent (%)
2.232.23
Total Cost (SGD) Total Cost (USD)
14.3811.15
Non-Transparent records
Bank account transfer Credit Card Debit card Mobile money Cash
Less than one hour Same day Next day 2 days 6 days or more
Bank account Cash Mobile wallet Own/partner bank account