Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From SGSingapore you can also send money to

Sending money from SINGAPORE to THAILAND

Data collected on: Aug 21, 2023-Sep 03, 2023
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.
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
1.63
Percentage difference between market reference rate 26.01 and exchange rate charged 25.58
1.63
1.631.63
4.243.26
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
0.000.00
1.61
Percentage difference between market reference rate 26.00 and exchange rate charged 25.58
1.61
1.611.61
4.193.22
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
0.000.00
1.63
Percentage difference between market reference rate 26.01 and exchange rate charged 25.58
1.63
1.631.63
4.243.26
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.001.54
3.80
Percentage difference between market reference rate 25.93 and exchange rate charged 24.90
3.80
4.574.57
11.889.14
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.001.54
3.80
Percentage difference between market reference rate 25.93 and exchange rate charged 24.90
3.80
4.574.57
11.889.14
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.792.15
0.00
Percentage difference between market reference rate 26.01 and exchange rate charged 26.01
0.00
1.071.07
2.782.14
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.002.31
3.20
Percentage difference between market reference rate 25.96 and exchange rate charged 25.13
3.20
4.354.35
11.318.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
3.002.31
4.26
Percentage difference between market reference rate 25.93 and exchange rate charged 24.78
4.26
5.415.41
14.0710.82
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.002.31
4.16
Percentage difference between market reference rate 26.02 and exchange rate charged 24.94
4.16
5.315.31
13.8110.62
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.993.07
2.70
Percentage difference between market reference rate 26.01 and exchange rate charged 25.31
2.70
4.234.23
11.008.46
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.993.07
2.70
Percentage difference between market reference rate 26.01 and exchange rate charged 25.31
2.70
4.234.23
11.008.46
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.993.07
0.03
Percentage difference between market reference rate 26.00 and exchange rate charged 25.99
0.03
1.561.56
4.063.12
Esary Trading PTE, Ltd
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
5.003.85
1.59
Percentage difference between market reference rate 25.95 and exchange rate charged 25.54
1.59
3.513.51
9.137.02
East Asia Forex
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
8.006.15
0.81
Percentage difference between market reference rate 25.94 and exchange rate charged 25.73
0.81
3.893.89
10.117.78
BKK Forex
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
8.006.15
0.90
Percentage difference between market reference rate 25.93 and exchange rate charged 25.70
0.90
3.983.98
10.357.96
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.007.69
0.56
Percentage difference between market reference rate 25.90 and exchange rate charged 25.75
0.56
4.414.41
11.478.82
GPL Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
10.007.69
1.17
Percentage difference between market reference rate 25.80 and exchange rate charged 25.50
1.17
5.025.02
13.0510.04
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.808.31
4.16
Percentage difference between market reference rate 26.02 and exchange rate charged 24.94
4.16
8.318.31
21.6116.62
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.799.07
2.70
Percentage difference between market reference rate 26.01 and exchange rate charged 25.31
2.70
7.237.23
18.8014.46
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.799.07
2.70
Percentage difference between market reference rate 26.01 and exchange rate charged 25.31
2.70
7.237.23
18.8014.46
Golden Dragon
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
15.0011.54
2.14
Percentage difference between market reference rate 25.95 and exchange rate charged 25.40
2.14
7.917.91
20.5715.82
Mass Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
15.0011.54
3.28
Percentage difference between market reference rate 25.95 and exchange rate charged 25.10
3.28
9.059.05
23.5318.10
Total Average Third Quarter 2023
4.584.58
Total Average Second Quarter 2023
4.564.56
Total Average
Fee
6.054.66
Exchange Rate Margin (%)
2.252.25
Total Cost Percent (%)
4.584.58
Total Cost (SGD) Total Cost (USD)
11.909.16
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same 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
5.093.95
0.00
Percentage difference between market reference rate 26.01 and exchange rate charged 26.01
0.00
0.790.79
5.103.95
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.552.75
0.03
Percentage difference between market reference rate 26.00 and exchange rate charged 25.99
0.03
0.580.58
3.742.90
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
0.000.00
1.61
Percentage difference between market reference rate 26.00 and exchange rate charged 25.58
1.61
1.611.61
10.388.05
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
0.000.00
1.63
Percentage difference between market reference rate 26.01 and exchange rate charged 25.58
1.63
1.631.63
10.518.15
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
1.63
Percentage difference between market reference rate 26.01 and exchange rate charged 25.58
1.63
1.631.63
10.518.15
Esary Trading PTE, Ltd
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
5.003.88
1.59
Percentage difference between market reference rate 25.95 and exchange rate charged 25.54
1.59
2.372.37
15.2911.85
East Asia Forex
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
8.006.20
0.81
Percentage difference between market reference rate 25.94 and exchange rate charged 25.73
0.81
2.052.05
13.2210.25
BKK Forex
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
8.006.20
0.90
Percentage difference between market reference rate 25.93 and exchange rate charged 25.70
0.90
2.142.14
13.8010.70
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.993.09
2.70
Percentage difference between market reference rate 26.01 and exchange rate charged 25.31
2.70
3.323.32
21.4116.60
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.993.09
2.70
Percentage difference between market reference rate 26.01 and exchange rate charged 25.31
2.70
3.323.32
21.4116.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.002.33
3.20
Percentage difference between market reference rate 25.96 and exchange rate charged 25.13
3.20
3.673.67
23.6718.35
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.007.75
0.56
Percentage difference between market reference rate 25.90 and exchange rate charged 25.75
0.56
2.112.11
13.6110.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.001.55
3.98
Percentage difference between market reference rate 25.93 and exchange rate charged 24.90
3.98
4.294.29
27.6721.45
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.001.55
3.98
Percentage difference between market reference rate 25.93 and exchange rate charged 24.90
3.98
4.294.29
27.6721.45
GPL Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
10.007.75
1.17
Percentage difference between market reference rate 25.80 and exchange rate charged 25.50
1.17
2.722.72
17.5413.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.002.33
4.16
Percentage difference between market reference rate 26.02 and exchange rate charged 24.94
4.16
4.634.63
29.8623.15
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
4.003.10
4.44
Percentage difference between market reference rate 25.93 and exchange rate charged 24.78
4.44
5.065.06
32.6425.30
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
23.3418.09
2.70
Percentage difference between market reference rate 26.01 and exchange rate charged 25.31
2.70
6.326.32
40.7631.60
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
23.3418.09
2.70
Percentage difference between market reference rate 26.01 and exchange rate charged 25.31
2.70
6.326.32
40.7631.60
Golden Dragon
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
15.0011.63
2.14
Percentage difference between market reference rate 25.95 and exchange rate charged 25.40
2.14
4.474.47
28.8322.35
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
22.3517.33
4.16
Percentage difference between market reference rate 26.02 and exchange rate charged 24.94
4.16
7.637.63
49.2138.15
Mass Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
15.0011.63
3.28
Percentage difference between market reference rate 25.95 and exchange rate charged 25.10
3.28
5.615.61
36.1828.05
Total Average Third Quarter 2023
3.483.48
Total Average Second Quarter 2023
3.433.43
Total Average
Fee
7.766.01
Exchange Rate Margin (%)
2.282.28
Total Cost Percent (%)
3.483.48
Total Cost (SGD) Total Cost (USD)
22.4417.40
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day 2 days
Bank account Cash