Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From SGSingapore you can also send money to

Sending money from SINGAPORE to SRI LANKA

Data collected on: Aug 17, 2022-Sep 07, 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 (%)sort descending
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.
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.003.85
-0.82
Percentage difference between market reference rate 256.73 and exchange rate charged 258.84
-0.82
1.101.10
2.862.20
Sir Money Changer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
Medium
5.003.85
-0.41
Percentage difference between market reference rate 256.49 and exchange rate charged 257.54
-0.41
1.511.51
3.933.02
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.003.85
-0.05
Percentage difference between market reference rate 256.27 and exchange rate charged 256.40
-0.05
1.871.87
4.863.74
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.541.95
0.00
Percentage difference between market reference rate 258.06 and exchange rate charged 258.07
0.00
0.970.97
2.521.94
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
10.808.31
0.27
Percentage difference between market reference rate 257.56 and exchange rate charged 256.87
0.27
4.424.42
11.498.84
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.002.31
0.27
Percentage difference between market reference rate 257.56 and exchange rate charged 256.87
0.27
1.421.42
3.692.84
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
1.000.77
1.33
Percentage difference between market reference rate 256.73 and exchange rate charged 253.31
1.33
1.721.72
4.473.44
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
5.003.85
1.33
Percentage difference between market reference rate 257.15 and exchange rate charged 253.73
1.33
3.253.25
8.456.50
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.491.92
1.41
Percentage difference between market reference rate 257.49 and exchange rate charged 253.86
1.41
2.372.37
6.164.74
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
12.799.84
1.50
Percentage difference between market reference rate 257.50 and exchange rate charged 253.63
1.50
6.426.42
16.6912.84
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.993.84
1.50
Percentage difference between market reference rate 257.50 and exchange rate charged 253.63
1.50
3.423.42
8.896.84
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
5.003.85
1.65
Percentage difference between market reference rate 255.95 and exchange rate charged 251.71
1.65
3.583.58
9.317.16
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.002.31
1.88
Percentage difference between market reference rate 261.62 and exchange rate charged 256.71
1.88
3.033.03
7.886.06
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.993.84
1.99
Percentage difference between market reference rate 257.07 and exchange rate charged 251.96
1.99
3.913.91
10.177.82
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
4.31
Percentage difference between market reference rate 261.62 and exchange rate charged 250.35
4.31
4.314.31
11.218.62
Total Average Third Quarter
2.892.89
Total Average Second Quarter
3.903.90
Total Average
Fee
4.713.62
Exchange Rate Margin (%)
1.081.08
Total Cost Percent (%)
2.892.89
Total Cost (SGD) Total Cost (USD)
7.515.77
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.573.54
0.00
Percentage difference between market reference rate 258.06 and exchange rate charged 258.07
0.00
0.700.70
4.523.50
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.003.88
-0.82
Percentage difference between market reference rate 256.73 and exchange rate charged 258.84
-0.82
-0.04-0.04
-0.26-0.20
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.002.33
0.27
Percentage difference between market reference rate 257.56 and exchange rate charged 256.87
0.27
0.730.73
4.713.65
Sir Money Changer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
Medium
7.005.43
-0.41
Percentage difference between market reference rate 256.49 and exchange rate charged 257.54
-0.41
0.680.68
4.393.40
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
1.000.78
1.33
Percentage difference between market reference rate 256.73 and exchange rate charged 253.31
1.33
1.491.49
9.617.45
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.003.88
-0.05
Percentage difference between market reference rate 256.27 and exchange rate charged 256.40
-0.05
0.730.73
4.713.65
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.902.25
1.41
Percentage difference between market reference rate 257.49 and exchange rate charged 253.86
1.41
1.861.86
12.009.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.003.10
1.88
Percentage difference between market reference rate 261.62 and exchange rate charged 256.71
1.88
2.502.50
16.1312.50
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
5.003.88
1.33
Percentage difference between market reference rate 257.15 and exchange rate charged 253.73
1.33
2.112.11
13.6110.55
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.993.87
1.50
Percentage difference between market reference rate 257.50 and exchange rate charged 253.63
1.50
2.282.28
14.7111.40
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
5.003.88
1.65
Percentage difference between market reference rate 255.95 and exchange rate charged 251.71
1.65
2.432.43
15.6712.15
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.993.87
1.99
Percentage difference between market reference rate 257.07 and exchange rate charged 251.96
1.99
2.762.76
17.8013.80
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
4.31
Percentage difference between market reference rate 261.62 and exchange rate charged 250.35
4.31
4.314.31
27.8021.55
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
22.3517.33
0.27
Percentage difference between market reference rate 257.56 and exchange rate charged 256.87
0.27
3.733.73
24.0618.65
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
24.3418.87
1.50
Percentage difference between market reference rate 257.50 and exchange rate charged 253.63
1.50
5.285.28
34.0626.40
Total Average Third Quarter
2.102.10
Total Average Second Quarter
3.023.02
Total Average
Fee
6.615.12
Exchange Rate Margin (%)
1.081.08
Total Cost Percent (%)
2.102.10
Total Cost (SGD) Total Cost (USD)
13.5710.52
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days
Bank account Cash