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 08, 2024-May 27, 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 (%)sort ascending
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.
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
12.799.84
1.93
Percentage difference between market reference rate 220.43 and exchange rate charged 216.17
1.93
6.856.85
17.8113.70
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
12.799.84
1.93
Percentage difference between market reference rate 220.43 and exchange rate charged 216.17
1.93
6.856.85
17.8113.70
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.808.31
0.78
Percentage difference between market reference rate 223.93 and exchange rate charged 222.19
0.78
4.934.93
12.829.86
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.004.62
2.55
Percentage difference between market reference rate 223.94 and exchange rate charged 218.24
2.55
4.864.86
12.649.72
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.004.62
2.55
Percentage difference between market reference rate 223.94 and exchange rate charged 218.24
2.55
4.864.86
12.649.72
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
5.003.85
2.93
Percentage difference between market reference rate 221.91 and exchange rate charged 215.40
2.93
4.854.85
12.619.70
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
5.003.85
2.84
Percentage difference between market reference rate 221.91 and exchange rate charged 215.60
2.84
4.764.76
12.389.52
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.993.84
1.93
Percentage difference between market reference rate 220.43 and exchange rate charged 216.17
1.93
3.853.85
10.017.70
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.993.84
1.93
Percentage difference between market reference rate 220.43 and exchange rate charged 216.17
1.93
3.853.85
10.017.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
3.002.31
2.52
Percentage difference between market reference rate 223.94 and exchange rate charged 218.31
2.52
3.673.67
9.547.34
Sir Money Changer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
Medium
7.005.38
0.68
Percentage difference between market reference rate 222.29 and exchange rate charged 220.78
0.68
3.373.37
8.766.74
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.003.85
0.81
Percentage difference between market reference rate 222.85 and exchange rate charged 221.05
0.81
2.732.73
7.105.46
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
5.003.85
0.72
Percentage difference between market reference rate 222.83 and exchange rate charged 221.24
0.72
2.642.64
6.865.28
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.002.31
0.78
Percentage difference between market reference rate 223.93 and exchange rate charged 222.19
0.78
1.931.93
5.023.86
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.503.46
0.11
Percentage difference between market reference rate 222.58 and exchange rate charged 222.33
0.11
1.841.84
4.783.68
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.002.31
0.59
Percentage difference between market reference rate 222.29 and exchange rate charged 220.97
0.59
1.741.74
4.523.48
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.821.40
0.02
Percentage difference between market reference rate 222.56 and exchange rate charged 222.51
0.02
0.720.72
1.871.44
Total Average Second Quarter
3.783.78
Total Average First Quarter
3.533.53
Total Average
Fee
5.924.56
Exchange Rate Margin (%)
1.511.51
Total Cost Percent (%)
3.783.78
Total Cost (SGD) Total Cost (USD)
9.837.56
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day
Bank account Cash
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
High
4.523.50
0.02
Percentage difference between market reference rate 222.56 and exchange rate charged 222.51
0.02
0.720.72
4.643.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.002.33
0.59
Percentage difference between market reference rate 222.29 and exchange rate charged 220.97
0.59
1.061.06
6.845.30
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.254.84
0.11
Percentage difference between market reference rate 222.58 and exchange rate charged 222.33
0.11
1.081.08
6.975.40
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.002.33
0.78
Percentage difference between market reference rate 223.93 and exchange rate charged 222.19
0.78
1.251.25
8.066.25
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
5.003.88
0.72
Percentage difference between market reference rate 222.83 and exchange rate charged 221.24
0.72
1.501.50
9.687.50
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.003.88
0.81
Percentage difference between market reference rate 222.85 and exchange rate charged 221.05
0.81
1.591.59
10.267.95
Sir Money Changer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
Medium
7.005.43
0.68
Percentage difference between market reference rate 222.29 and exchange rate charged 220.78
0.68
1.771.77
11.428.85
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
4.003.10
2.52
Percentage difference between market reference rate 223.94 and exchange rate charged 218.31
2.52
3.143.14
20.2515.70
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.993.87
1.93
Percentage difference between market reference rate 220.43 and exchange rate charged 216.17
1.93
2.702.70
17.4213.50
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.993.87
1.93
Percentage difference between market reference rate 220.43 and exchange rate charged 216.17
1.93
2.702.70
17.4213.50
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
5.003.88
2.84
Percentage difference between market reference rate 221.91 and exchange rate charged 215.60
2.84
3.623.62
23.3518.10
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
5.003.88
2.93
Percentage difference between market reference rate 221.91 and exchange rate charged 215.40
2.93
3.713.71
23.9318.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
19.0014.73
2.55
Percentage difference between market reference rate 223.94 and exchange rate charged 218.24
2.55
5.505.50
35.4827.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
19.0014.73
2.55
Percentage difference between market reference rate 223.94 and exchange rate charged 218.24
2.55
5.505.50
35.4827.50
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
22.3517.33
0.78
Percentage difference between market reference rate 223.93 and exchange rate charged 222.19
0.78
4.254.25
27.4121.25
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
24.3418.87
1.93
Percentage difference between market reference rate 220.43 and exchange rate charged 216.17
1.93
5.705.70
36.7728.50
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
24.3418.87
1.93
Percentage difference between market reference rate 220.43 and exchange rate charged 216.17
1.93
5.705.70
36.7728.50
Total Average Second Quarter
3.033.03
Total Average First Quarter
2.842.84
Total Average
Fee
9.817.61
Exchange Rate Margin (%)
1.511.51
Total Cost Percent (%)
3.033.03
Total Cost (SGD) Total Cost (USD)
19.5415.15
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day
Bank account Cash