Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From GBUnited Kingdom you can also send money to

Sending money from UNITED KINGDOM to INDIA

Data collected on: Feb 19, 2024-Feb 27, 2024
GBP | 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 ascending
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 (GBP)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
State Bank of India
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.74
Percentage difference between market reference rate 105.23 and exchange rate charged 102.35
2.74
2.742.74
3.295.48
Punjab National Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.30
Percentage difference between market reference rate 104.55 and exchange rate charged 102.15
2.30
2.302.30
2.764.60
Punjab National Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.008.33
2.30
Percentage difference between market reference rate 104.55 and exchange rate charged 102.15
2.30
6.476.47
7.7612.93
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
0.000.00
1.52
Percentage difference between market reference rate 105.00 and exchange rate charged 103.40
1.52
1.521.52
1.823.03
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
1.29
Percentage difference between market reference rate 105.10 and exchange rate charged 103.75
1.29
2.952.95
3.545.90
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
1.29
Percentage difference between market reference rate 105.10 and exchange rate charged 103.75
1.29
2.952.95
3.545.90
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
1.29
Percentage difference between market reference rate 105.10 and exchange rate charged 103.75
1.29
2.952.95
3.545.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.906.50
1.29
Percentage difference between market reference rate 104.65 and exchange rate charged 103.30
1.29
4.544.54
5.459.08
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.906.50
1.28
Percentage difference between market reference rate 104.64 and exchange rate charged 103.30
1.28
4.534.53
5.449.07
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
4.998.32
1.19
Percentage difference between market reference rate 105.11 and exchange rate charged 103.85
1.19
5.355.35
6.4210.70
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.006.67
1.13
Percentage difference between market reference rate 104.62 and exchange rate charged 103.44
1.13
4.464.46
5.358.92
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.906.50
1.06
Percentage difference between market reference rate 105.15 and exchange rate charged 104.03
1.06
4.314.31
5.178.62
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.996.65
0.96
Percentage difference between market reference rate 105.11 and exchange rate charged 104.10
0.96
4.294.29
5.158.58
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.996.65
0.96
Percentage difference between market reference rate 105.11 and exchange rate charged 104.10
0.96
4.294.29
5.158.58
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
0.95
Percentage difference between market reference rate 105.11 and exchange rate charged 104.11
0.95
2.612.61
3.135.22
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
0.95
Percentage difference between market reference rate 105.11 and exchange rate charged 104.11
0.95
2.612.61
3.135.22
RemitGuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.72
Percentage difference between market reference rate 104.74 and exchange rate charged 103.99
0.72
0.720.72
0.861.43
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
2.904.83
0.66
Percentage difference between market reference rate 104.56 and exchange rate charged 103.87
0.66
3.083.08
3.706.17
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.504.17
0.65
Percentage difference between market reference rate 105.14 and exchange rate charged 104.45
0.65
2.732.73
3.285.47
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.504.17
0.63
Percentage difference between market reference rate 105.17 and exchange rate charged 104.50
0.63
2.712.71
3.255.42
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.504.17
0.63
Percentage difference between market reference rate 105.17 and exchange rate charged 104.50
0.63
2.712.71
3.255.42
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
0.58
Percentage difference between market reference rate 105.13 and exchange rate charged 104.52
0.58
2.242.24
2.694.48
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.55
Percentage difference between market reference rate 104.66 and exchange rate charged 104.09
0.55
0.550.55
0.661.10
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.006.67
0.49
Percentage difference between market reference rate 105.24 and exchange rate charged 104.72
0.49
3.823.82
4.587.63
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
1.001.67
0.42
Percentage difference between market reference rate 105.20 and exchange rate charged 104.75
0.42
1.251.25
1.502.50
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.001.67
0.42
Percentage difference between market reference rate 105.20 and exchange rate charged 104.75
0.42
1.251.25
1.502.50
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
High
1.001.67
0.42
Percentage difference between market reference rate 105.20 and exchange rate charged 104.75
0.42
1.251.25
1.502.50
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
1.001.67
0.42
Percentage difference between market reference rate 105.20 and exchange rate charged 104.75
0.42
1.251.25
1.502.50
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.98
0.29
Percentage difference between market reference rate 104.61 and exchange rate charged 104.31
0.29
2.782.78
3.345.57
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.98
0.29
Percentage difference between market reference rate 104.61 and exchange rate charged 104.31
0.29
2.782.78
3.345.57
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.98
0.29
Percentage difference between market reference rate 104.61 and exchange rate charged 104.31
0.29
2.782.78
3.345.57
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
0.19
Percentage difference between market reference rate 104.61 and exchange rate charged 104.42
0.19
1.851.85
2.223.70
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
0.19
Percentage difference between market reference rate 104.61 and exchange rate charged 104.42
0.19
1.851.85
2.223.70
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
0.19
Percentage difference between market reference rate 104.61 and exchange rate charged 104.42
0.19
1.851.85
2.223.70
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.492.48
0.01
Percentage difference between market reference rate 105.11 and exchange rate charged 105.10
0.01
1.251.25
1.502.50
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.492.48
0.01
Percentage difference between market reference rate 105.11 and exchange rate charged 105.10
0.01
1.251.25
1.502.50
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.941.57
0.01
Percentage difference between market reference rate 105.11 and exchange rate charged 105.10
0.01
0.790.79
0.951.58
Total Average First Quarter
2.692.69
Total Average Fourth Quarter 2023
2.522.52
Total Average
Fee
2.243.73
Exchange Rate Margin (%)
0.830.83
Total Cost Percent (%)
2.692.69
Total Cost (GBP) Total Cost (USD)
3.235.38
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days
Bank account Cash Own/partner bank account
Payment instrument
Access point
Sending network coverage
Receiving method
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.55
Percentage difference between market reference rate 104.66 and exchange rate charged 104.09
0.55
0.550.55
1.652.75
RemitGuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.72
Percentage difference between market reference rate 104.74 and exchange rate charged 103.99
0.72
0.720.72
2.163.60
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.923.20
0.01
Percentage difference between market reference rate 105.11 and exchange rate charged 105.10
0.01
0.650.65
1.953.25
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.225.37
0.01
Percentage difference between market reference rate 105.11 and exchange rate charged 105.10
0.01
1.081.08
3.245.40
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.225.37
0.01
Percentage difference between market reference rate 105.11 and exchange rate charged 105.10
0.01
1.081.08
3.245.40
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
1.001.67
0.47
Percentage difference between market reference rate 105.20 and exchange rate charged 104.70
0.47
0.800.80
2.404.00
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
High
1.001.67
0.47
Percentage difference between market reference rate 105.20 and exchange rate charged 104.70
0.47
0.800.80
2.404.00
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.001.67
0.47
Percentage difference between market reference rate 105.20 and exchange rate charged 104.70
0.47
0.800.80
2.404.00
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
1.001.67
0.47
Percentage difference between market reference rate 105.20 and exchange rate charged 104.70
0.47
0.800.80
2.404.00
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
0.000.00
1.05
Percentage difference between market reference rate 105.00 and exchange rate charged 103.90
1.05
1.051.05
3.155.25
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
0.19
Percentage difference between market reference rate 104.61 and exchange rate charged 104.42
0.19
0.850.85
2.554.25
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
0.19
Percentage difference between market reference rate 104.61 and exchange rate charged 104.42
0.19
0.850.85
2.554.25
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
0.19
Percentage difference between market reference rate 104.61 and exchange rate charged 104.42
0.19
0.850.85
2.554.25
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
0.58
Percentage difference between market reference rate 105.13 and exchange rate charged 104.52
0.58
1.241.24
3.726.20
Punjab National Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.58
Percentage difference between market reference rate 104.55 and exchange rate charged 103.95
0.58
0.580.58
1.742.90
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
0.95
Percentage difference between market reference rate 105.11 and exchange rate charged 104.11
0.95
1.611.61
4.838.05
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
0.95
Percentage difference between market reference rate 105.11 and exchange rate charged 104.11
0.95
1.611.61
4.838.05
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.005.00
0.63
Percentage difference between market reference rate 105.17 and exchange rate charged 104.50
0.63
1.631.63
4.898.15
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.005.00
0.63
Percentage difference between market reference rate 105.17 and exchange rate charged 104.50
0.63
1.631.63
4.898.15
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.504.17
0.65
Percentage difference between market reference rate 105.14 and exchange rate charged 104.45
0.65
1.481.48
4.447.40
State Bank of India
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.79
Percentage difference between market reference rate 105.23 and exchange rate charged 103.35
1.79
1.791.79
5.378.95
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.98
0.29
Percentage difference between market reference rate 104.61 and exchange rate charged 104.31
0.29
1.291.29
3.876.45
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.98
0.29
Percentage difference between market reference rate 104.61 and exchange rate charged 104.31
0.29
1.291.29
3.876.45
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.98
0.29
Percentage difference between market reference rate 104.61 and exchange rate charged 104.31
0.29
1.291.29
3.876.45
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
1.29
Percentage difference between market reference rate 105.10 and exchange rate charged 103.75
1.29
1.951.95
5.859.75
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
1.29
Percentage difference between market reference rate 105.10 and exchange rate charged 103.75
1.29
1.951.95
5.859.75
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.993.32
1.29
Percentage difference between market reference rate 105.10 and exchange rate charged 103.75
1.29
1.951.95
5.859.75
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
2.904.83
0.66
Percentage difference between market reference rate 104.56 and exchange rate charged 103.87
0.66
1.631.63
4.898.15
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.006.67
0.49
Percentage difference between market reference rate 105.24 and exchange rate charged 104.72
0.49
1.821.82
5.469.10
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.996.65
0.96
Percentage difference between market reference rate 105.11 and exchange rate charged 104.10
0.96
2.292.29
6.8711.45
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.996.65
0.96
Percentage difference between market reference rate 105.11 and exchange rate charged 104.10
0.96
2.292.29
6.8711.45
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.906.50
1.06
Percentage difference between market reference rate 105.15 and exchange rate charged 104.03
1.06
2.362.36
7.0811.80
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.006.67
1.13
Percentage difference between market reference rate 104.62 and exchange rate charged 103.44
1.13
2.462.46
7.3812.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.906.50
1.28
Percentage difference between market reference rate 104.64 and exchange rate charged 103.30
1.28
2.582.58
7.7412.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.906.50
1.29
Percentage difference between market reference rate 104.65 and exchange rate charged 103.30
1.29
2.592.59
7.7712.95
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
4.998.32
1.19
Percentage difference between market reference rate 105.11 and exchange rate charged 103.85
1.19
2.852.85
8.5514.25
Punjab National Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.008.33
0.58
Percentage difference between market reference rate 104.55 and exchange rate charged 103.95
0.58
2.252.25
6.7511.25
Total Average First Quarter
1.491.49
Total Average Fourth Quarter 2023
1.371.37
Total Average
Fee
2.393.98
Exchange Rate Margin (%)
0.700.70
Total Cost Percent (%)
1.491.49
Total Cost (GBP) Total Cost (USD)
4.487.47
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days
Bank account Cash Own/partner bank account