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: Nov 07, 2024-Nov 25, 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.
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.821.40
0.51
Percentage difference between market reference rate 221.36 and exchange rate charged 220.23
0.51
1.211.21
3.152.42
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
12.799.84
1.62
Percentage difference between market reference rate 216.24 and exchange rate charged 212.74
1.62
6.546.54
17.0013.08
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
12.799.84
1.62
Percentage difference between market reference rate 216.24 and exchange rate charged 212.74
1.62
6.546.54
17.0013.08
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.993.84
1.62
Percentage difference between market reference rate 216.24 and exchange rate charged 212.74
1.62
3.543.54
9.207.08
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.993.84
1.62
Percentage difference between market reference rate 216.24 and exchange rate charged 212.74
1.62
3.543.54
9.207.08
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.003.85
0.56
Percentage difference between market reference rate 220.09 and exchange rate charged 218.87
0.56
2.482.48
6.454.96
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
5.003.85
1.92
Percentage difference between market reference rate 216.16 and exchange rate charged 212.00
1.92
3.843.84
9.987.68
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
5.003.85
1.92
Percentage difference between market reference rate 216.16 and exchange rate charged 212.00
1.92
3.843.84
9.987.68
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
3.002.31
2.03
Percentage difference between market reference rate 216.23 and exchange rate charged 211.85
2.03
3.183.18
8.276.36
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.333.33
0.02
Percentage difference between market reference rate 216.15 and exchange rate charged 216.11
0.02
1.691.69
4.393.38
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
5.003.85
0.05
Percentage difference between market reference rate 220.14 and exchange rate charged 220.04
0.05
1.971.97
5.123.94
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.002.31
0.34
Percentage difference between market reference rate 219.95 and exchange rate charged 219.19
0.34
1.491.49
3.872.98
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.004.62
1.71
Percentage difference between market reference rate 216.23 and exchange rate charged 212.54
1.71
4.024.02
10.458.04
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.004.62
1.71
Percentage difference between market reference rate 216.23 and exchange rate charged 212.54
1.71
4.024.02
10.458.04
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.808.31
0.44
Percentage difference between market reference rate 216.28 and exchange rate charged 215.33
0.44
4.594.59
11.939.18
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.002.31
0.44
Percentage difference between market reference rate 216.28 and exchange rate charged 215.33
0.44
1.591.59
4.133.18
Total Average Fourth Quarter 2024
3.383.38
Total Average Third Quarter 2024
3.343.34
Total Average
Fee
5.844.50
Exchange Rate Margin (%)
1.131.13
Total Cost Percent (%)
3.383.38
Total Cost (SGD) Total Cost (USD)
8.796.76
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
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.002.33
0.34
Percentage difference between market reference rate 219.95 and exchange rate charged 219.19
0.34
0.810.81
5.224.05
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.002.33
0.44
Percentage difference between market reference rate 216.28 and exchange rate charged 215.33
0.44
0.910.91
5.874.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
4.003.10
2.03
Percentage difference between market reference rate 216.23 and exchange rate charged 211.85
2.03
2.652.65
17.0913.25
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.523.50
0.51
Percentage difference between market reference rate 221.36 and exchange rate charged 220.23
0.51
1.211.21
7.806.05
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.993.87
1.62
Percentage difference between market reference rate 216.24 and exchange rate charged 212.74
1.62
2.392.39
15.4211.95
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.993.87
1.62
Percentage difference between market reference rate 216.24 and exchange rate charged 212.74
1.62
2.392.39
15.4211.95
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.003.88
0.56
Percentage difference between market reference rate 220.09 and exchange rate charged 218.87
0.56
1.341.34
8.646.70
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
5.003.88
1.92
Percentage difference between market reference rate 216.16 and exchange rate charged 212.00
1.92
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
1.92
Percentage difference between market reference rate 216.16 and exchange rate charged 212.00
1.92
2.702.70
17.4213.50
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
5.003.88
0.05
Percentage difference between market reference rate 220.14 and exchange rate charged 220.04
0.05
0.830.83
5.354.15
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.874.55
0.02
Percentage difference between market reference rate 216.15 and exchange rate charged 216.11
0.02
0.930.93
6.004.65
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
19.0014.73
1.71
Percentage difference between market reference rate 216.23 and exchange rate charged 212.54
1.71
4.664.66
30.0623.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
19.0014.73
1.71
Percentage difference between market reference rate 216.23 and exchange rate charged 212.54
1.71
4.664.66
30.0623.30
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
22.3517.33
0.44
Percentage difference between market reference rate 216.28 and exchange rate charged 215.33
0.44
3.913.91
25.2219.55
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
24.3418.87
1.62
Percentage difference between market reference rate 216.24 and exchange rate charged 212.74
1.62
5.395.39
34.7726.95
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
24.3418.87
1.62
Percentage difference between market reference rate 216.24 and exchange rate charged 212.74
1.62
5.395.39
34.7726.95
Total Average Fourth Quarter 2024
2.682.68
Total Average Third Quarter 2024
2.642.64
Total Average
Fee
9.967.72
Exchange Rate Margin (%)
1.131.13
Total Cost Percent (%)
2.682.68
Total Cost (SGD) Total Cost (USD)
17.2813.40
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day
Bank account Cash