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: May 04, 2022-Jun 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
High
2.541.95
0.00
Percentage difference between market reference rate 261.45 and exchange rate charged 261.44
0.00
0.980.98
2.551.96
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.003.85
0.36
Percentage difference between market reference rate 261.75 and exchange rate charged 260.80
0.36
2.292.29
5.954.58
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.003.85
0.44
Percentage difference between market reference rate 262.99 and exchange rate charged 261.84
0.44
2.362.36
6.144.72
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.491.92
1.55
Percentage difference between market reference rate 261.69 and exchange rate charged 257.64
1.55
2.512.51
6.535.02
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
5.003.85
0.74
Percentage difference between market reference rate 262.94 and exchange rate charged 260.99
0.74
2.672.67
6.945.34
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.002.31
1.57
Percentage difference between market reference rate 261.50 and exchange rate charged 257.41
1.57
2.722.72
7.075.44
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.002.31
1.61
Percentage difference between market reference rate 264.96 and exchange rate charged 260.70
1.61
2.762.76
7.185.52
Sir Money Changer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
Medium
5.003.85
1.32
Percentage difference between market reference rate 264.28 and exchange rate charged 260.80
1.32
3.243.24
8.426.48
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.002.31
2.13
Percentage difference between market reference rate 254.96 and exchange rate charged 249.54
2.13
3.283.28
8.536.56
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.993.84
1.52
Percentage difference between market reference rate 260.55 and exchange rate charged 256.58
1.52
3.443.44
8.946.88
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
5.003.85
1.58
Percentage difference between market reference rate 262.22 and exchange rate charged 258.08
1.58
3.503.50
9.107.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
4.00
Percentage difference between market reference rate 261.50 and exchange rate charged 251.03
4.00
4.004.00
10.408.00
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.993.84
2.16
Percentage difference between market reference rate 261.69 and exchange rate charged 256.04
2.16
4.084.08
10.618.16
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.795.99
2.13
Percentage difference between market reference rate 254.96 and exchange rate charged 249.54
2.13
5.135.13
13.3410.26
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
10.808.31
1.61
Percentage difference between market reference rate 264.96 and exchange rate charged 260.70
1.61
5.765.76
14.9811.52
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
11.008.46
1.58
Percentage difference between market reference rate 262.23 and exchange rate charged 258.08
1.58
5.815.81
15.1111.62
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.768.28
2.13
Percentage difference between market reference rate 254.96 and exchange rate charged 249.54
2.13
6.276.27
16.3012.54
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
10.768.28
2.13
Percentage difference between market reference rate 254.96 and exchange rate charged 249.54
2.13
6.276.27
16.3012.54
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
12.799.84
2.16
Percentage difference between market reference rate 261.69 and exchange rate charged 256.04
2.16
7.087.08
18.4114.16
Total Average Second Quarter
3.903.90
Total Average First Quarter
3.343.34
Total Average
Fee
5.944.57
Exchange Rate Margin (%)
1.621.62
Total Cost Percent (%)
3.903.90
Total Cost (SGD) Total Cost (USD)
10.157.81
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 261.45 and exchange rate charged 261.44
0.00
0.710.71
4.583.55
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.005.43
0.36
Percentage difference between market reference rate 261.75 and exchange rate charged 260.80
0.36
1.451.45
9.357.25
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.003.88
0.44
Percentage difference between market reference rate 262.99 and exchange rate charged 261.84
0.44
1.211.21
7.806.05
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.902.25
1.55
Percentage difference between market reference rate 261.69 and exchange rate charged 257.64
1.55
2.002.00
12.9010.00
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
5.003.88
0.74
Percentage difference between market reference rate 262.94 and exchange rate charged 260.99
0.74
1.521.52
9.807.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.003.10
1.57
Percentage difference between market reference rate 261.50 and exchange rate charged 257.41
1.57
2.192.19
14.1310.95
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.002.33
1.61
Percentage difference between market reference rate 264.96 and exchange rate charged 260.70
1.61
2.072.07
13.3510.35
Sir Money Changer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
Medium
7.005.43
1.32
Percentage difference between market reference rate 264.28 and exchange rate charged 260.80
1.32
2.402.40
15.4812.00
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.002.33
2.13
Percentage difference between market reference rate 254.96 and exchange rate charged 249.54
2.13
2.592.59
16.7112.95
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.993.87
1.52
Percentage difference between market reference rate 260.55 and exchange rate charged 256.58
1.52
2.302.30
14.8411.50
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
5.003.88
1.58
Percentage difference between market reference rate 262.22 and exchange rate charged 258.08
1.58
2.352.35
15.1611.75
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
4.00
Percentage difference between market reference rate 261.50 and exchange rate charged 251.03
4.00
4.004.00
25.8020.00
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.993.87
2.16
Percentage difference between market reference rate 261.69 and exchange rate charged 256.04
2.16
2.932.93
18.9014.65
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
17.0013.18
2.13
Percentage difference between market reference rate 254.96 and exchange rate charged 249.54
2.13
4.764.76
30.7023.80
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
22.3517.33
1.61
Percentage difference between market reference rate 264.96 and exchange rate charged 260.70
1.61
5.075.07
32.7025.35
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
11.008.53
1.58
Percentage difference between market reference rate 262.23 and exchange rate charged 258.08
1.58
3.293.29
21.2216.45
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
20.7716.10
2.13
Percentage difference between market reference rate 254.96 and exchange rate charged 249.54
2.13
5.355.35
34.5126.75
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
20.7716.10
2.13
Percentage difference between market reference rate 254.96 and exchange rate charged 249.54
2.13
5.355.35
34.5126.75
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
24.3418.87
2.16
Percentage difference between market reference rate 261.69 and exchange rate charged 256.04
2.16
5.935.93
38.2529.65
Total Average Second Quarter
3.023.02
Total Average First Quarter
2.452.45
Total Average
Fee
9.097.05
Exchange Rate Margin (%)
1.621.62
Total Cost Percent (%)
3.023.02
Total Cost (SGD) Total Cost (USD)
19.5115.12
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days
Bank account Cash