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Transfer money

Sending money from AUSTRALIA to INDIA

Data collected on: Feb 12, 2018
AUD | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (AUD)sort descendingTotal cost (USD)sort descending
Firm
Remit2India
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
0.52
0.52
Total cost (%)
0.520.52
Total cost (AUD)sort descendingTotal cost (USD)sort descending
1.041.04
Firm
InstaReM
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.001.00
Exchange rate margin (%)
0.02
0.02
Total cost (%)
0.520.52
Total cost (AUD)sort descendingTotal cost (USD)sort descending
1.041.04
Firm
Transferwise
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.002.00
Exchange rate margin (%)
-0.05
-0.05
Total cost (%)
0.950.95
Total cost (AUD)sort descendingTotal cost (USD)sort descending
1.901.90
Firm
GMT Money
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
1.02
1.02
Total cost (%)
1.021.02
Total cost (AUD)sort descendingTotal cost (USD)sort descending
2.042.04
Firm
Bank of Baroda
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
1.35
1.35
Total cost (%)
1.351.35
Total cost (AUD)sort descendingTotal cost (USD)sort descending
2.702.70
Firm
FlyWorld Money
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
1.001.00
Exchange rate margin (%)
0.92
0.92
Total cost (%)
1.421.42
Total cost (AUD)sort descendingTotal cost (USD)sort descending
2.842.84
Firm
FlyWorld Money
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.001.00
Exchange rate margin (%)
0.92
0.92
Total cost (%)
1.421.42
Total cost (AUD)sort descendingTotal cost (USD)sort descending
2.842.84
Firm
HDFC Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
1.65
1.65
Total cost (%)
1.651.65
Total cost (AUD)sort descendingTotal cost (USD)sort descending
3.303.30
Firm
Remit Wisely
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.002.00
Exchange rate margin (%)
0.70
0.70
Total cost (%)
1.701.70
Total cost (AUD)sort descendingTotal cost (USD)sort descending
3.403.40
Firm
Citibank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
2.15
2.15
Total cost (%)
2.152.15
Total cost (AUD)sort descendingTotal cost (USD)sort descending
4.304.30
Firm
Bux.com
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
4.004.00
Exchange rate margin (%)
0.66
0.66
Total cost (%)
2.662.66
Total cost (AUD)sort descendingTotal cost (USD)sort descending
5.325.32
Firm
money2India (ICICI Bank)
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.002.00
Exchange rate margin (%)
1.71
1.71
Total cost (%)
2.712.71
Total cost (AUD)sort descendingTotal cost (USD)sort descending
5.425.42
Firm
Orbit Remit
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
4.004.00
Exchange rate margin (%)
0.86
0.86
Total cost (%)
2.862.86
Total cost (AUD)sort descendingTotal cost (USD)sort descending
5.725.72
Firm
WorldRemit
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
3.993.99
Exchange rate margin (%)
1.08
1.08
Total cost (%)
3.073.07
Total cost (AUD)sort descendingTotal cost (USD)sort descending
6.146.14
Firm
Aussie Forex & Finance
 
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
5.005.00
Exchange rate margin (%)
0.76
0.76
Total cost (%)
3.263.26
Total cost (AUD)sort descendingTotal cost (USD)sort descending
6.526.52
Firm
Foreign Exchange Central
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
5.005.00
Exchange rate margin (%)
0.78
0.78
Total cost (%)
3.283.28
Total cost (AUD)sort descendingTotal cost (USD)sort descending
6.566.56
Firm
GMT Money
 
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
5.005.00
Exchange rate margin (%)
1.02
1.02
Total cost (%)
3.523.52
Total cost (AUD)sort descendingTotal cost (USD)sort descending
7.047.04
Firm
Western Union
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
4.004.00
Exchange rate margin (%)
1.87
1.87
Total cost (%)
3.873.87
Total cost (AUD)sort descendingTotal cost (USD)sort descending
7.747.74
Firm
Western Union
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
5.005.00
Exchange rate margin (%)
1.87
1.87
Total cost (%)
4.374.37
Total cost (AUD)sort descendingTotal cost (USD)sort descending
8.748.74
Firm
FLASHremit
 
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.0010.00
Exchange rate margin (%)
-0.48
-0.48
Total cost (%)
4.524.52
Total cost (AUD)sort descendingTotal cost (USD)sort descending
9.049.04
Firm
Xpress Money
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
8.008.00
Exchange rate margin (%)
0.76
0.76
Total cost (%)
4.764.76
Total cost (AUD)sort descendingTotal cost (USD)sort descending
9.529.52
Firm
MoneyGram
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
7.007.00
Exchange rate margin (%)
1.64
1.64
Total cost (%)
5.145.14
Total cost (AUD)sort descendingTotal cost (USD)sort descending
10.2810.28
Firm
Citilink Finance
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
8.008.00
Exchange rate margin (%)
1.21
1.21
Total cost (%)
5.215.21
Total cost (AUD)sort descendingTotal cost (USD)sort descending
10.4210.42
Firm
Western Union
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
7.007.00
Exchange rate margin (%)
1.87
1.87
Total cost (%)
5.375.37
Total cost (AUD)sort descendingTotal cost (USD)sort descending
10.7410.74
Firm
MoneyGram
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
8.008.00
Exchange rate margin (%)
1.64
1.64
Total cost (%)
5.645.64
Total cost (AUD)sort descendingTotal cost (USD)sort descending
11.2811.28
Firm
Ceylon Exchange
 
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.0010.00
Exchange rate margin (%)
0.82
0.82
Total cost (%)
5.825.82
Total cost (AUD)sort descendingTotal cost (USD)sort descending
11.6411.64
Firm
GMT Money
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.0010.00
Exchange rate margin (%)
1.02
1.02
Total cost (%)
6.026.02
Total cost (AUD)sort descendingTotal cost (USD)sort descending
12.0412.04
Firm
Fast Remit
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.0010.00
Exchange rate margin (%)
1.12
1.12
Total cost (%)
6.126.12
Total cost (AUD)sort descendingTotal cost (USD)sort descending
12.2412.24
Firm
State Bank of India
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.0010.00
Exchange rate margin (%)
1.12
1.12
Total cost (%)
6.126.12
Total cost (AUD)sort descendingTotal cost (USD)sort descending
12.2412.24
Firm
Bank of Baroda
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.0010.00
Exchange rate margin (%)
1.35
1.35
Total cost (%)
6.356.35
Total cost (AUD)sort descendingTotal cost (USD)sort descending
12.7012.70
Firm
Money2anywhere
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12.0012.00
Exchange rate margin (%)
0.57
0.57
Total cost (%)
6.576.57
Total cost (AUD)sort descendingTotal cost (USD)sort descending
13.1413.14
Firm
TSS Worldwide Money Transfer
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.0010.00
Exchange rate margin (%)
1.61
1.61
Total cost (%)
6.616.61
Total cost (AUD)sort descendingTotal cost (USD)sort descending
13.2213.22
Firm
Commonwealth Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
6.006.00
Exchange rate margin (%)
4.34
4.34
Total cost (%)
7.347.34
Total cost (AUD)sort descendingTotal cost (USD)sort descending
14.6814.68
Firm
Ria
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.0015.00
Exchange rate margin (%)
0.92
0.92
Total cost (%)
8.428.42
Total cost (AUD)sort descendingTotal cost (USD)sort descending
16.8416.84
Firm
Western Union
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.0015.00
Exchange rate margin (%)
1.87
1.87
Total cost (%)
9.379.37
Total cost (AUD)sort descendingTotal cost (USD)sort descending
18.7418.74
Firm
ANZ Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
24.0024.00
Exchange rate margin (%)
4.46
4.46
Total cost (%)
16.4616.46
Total cost (AUD)sort descendingTotal cost (USD)sort descending
32.9232.92
Firm
Commonwealth Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
30.0030.00
Exchange rate margin (%)
4.34
4.34
Total cost (%)
19.3419.34
Total cost (AUD)sort descendingTotal cost (USD)sort descending
38.6838.68
Firm
ANZ Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
32.0032.00
Exchange rate margin (%)
4.46
4.46
Total cost (%)
20.4620.46
Total cost (AUD)sort descendingTotal cost (USD)sort descending
40.9240.92
Total Average First Quarter
5.215.21
Total Average Fourth Quarter 2017
5.105.10
Total Average
Fee
7.557.55
Exchange Rate Margin (%)
1.431.43
Total Cost Percent (%)
5.215.21
Total Cost (AUD) Total Cost (USD)
10.4210.42
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Bank account (same/partner bank) Cash
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (AUD)sort descendingTotal cost (USD)sort descending
Firm
Remit2India
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
0.52
0.52
Total cost (%)
0.520.52
Total cost (AUD)sort descendingTotal cost (USD)sort descending
2.602.60
Firm
InstaReM
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.502.50
Exchange rate margin (%)
0.02
0.02
Total cost (%)
0.520.52
Total cost (AUD)sort descendingTotal cost (USD)sort descending
2.602.60
Firm
Transferwise
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
3.483.48
Exchange rate margin (%)
-0.05
-0.05
Total cost (%)
0.650.65
Total cost (AUD)sort descendingTotal cost (USD)sort descending
3.253.25
Firm
GMT Money
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
1.02
1.02
Total cost (%)
1.021.02
Total cost (AUD)sort descendingTotal cost (USD)sort descending
5.105.10
Firm
Remit Wisely
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.002.00
Exchange rate margin (%)
0.70
0.70
Total cost (%)
1.101.10
Total cost (AUD)sort descendingTotal cost (USD)sort descending
5.505.50
Firm
FlyWorld Money
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
1.001.00
Exchange rate margin (%)
0.92
0.92
Total cost (%)
1.121.12
Total cost (AUD)sort descendingTotal cost (USD)sort descending
5.605.60
Firm
FlyWorld Money
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.001.00
Exchange rate margin (%)
0.92
0.92
Total cost (%)
1.121.12
Total cost (AUD)sort descendingTotal cost (USD)sort descending
5.605.60
Firm
Bank of Baroda
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
1.35
1.35
Total cost (%)
1.351.35
Total cost (AUD)sort descendingTotal cost (USD)sort descending
6.756.75
Firm
Bux.com
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
4.004.00
Exchange rate margin (%)
0.66
0.66
Total cost (%)
1.461.46
Total cost (AUD)sort descendingTotal cost (USD)sort descending
7.307.30
Firm
FLASHremit
 
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.0010.00
Exchange rate margin (%)
-0.48
-0.48
Total cost (%)
1.521.52
Total cost (AUD)sort descendingTotal cost (USD)sort descending
7.607.60
Firm
HDFC Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
1.65
1.65
Total cost (%)
1.651.65
Total cost (AUD)sort descendingTotal cost (USD)sort descending
8.258.25
Firm
Orbit Remit
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
4.004.00
Exchange rate margin (%)
0.86
0.86
Total cost (%)
1.661.66
Total cost (AUD)sort descendingTotal cost (USD)sort descending
8.308.30
Firm
Aussie Forex & Finance
 
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
5.005.00
Exchange rate margin (%)
0.76
0.76
Total cost (%)
1.761.76
Total cost (AUD)sort descendingTotal cost (USD)sort descending
8.808.80
Firm
Foreign Exchange Central
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
5.005.00
Exchange rate margin (%)
0.78
0.78
Total cost (%)
1.781.78
Total cost (AUD)sort descendingTotal cost (USD)sort descending
8.908.90
Firm
WorldRemit
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
3.993.99
Exchange rate margin (%)
1.08
1.08
Total cost (%)
1.871.87
Total cost (AUD)sort descendingTotal cost (USD)sort descending
9.359.35
Firm
GMT Money
 
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
5.005.00
Exchange rate margin (%)
1.02
1.02
Total cost (%)
2.022.02
Total cost (AUD)sort descendingTotal cost (USD)sort descending
10.1010.10
Firm
money2India (ICICI Bank)
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.002.00
Exchange rate margin (%)
1.71
1.71
Total cost (%)
2.112.11
Total cost (AUD)sort descendingTotal cost (USD)sort descending
10.5510.55
Firm
Citibank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
2.15
2.15
Total cost (%)
2.152.15
Total cost (AUD)sort descendingTotal cost (USD)sort descending
10.7510.75
Firm
Western Union
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
4.004.00
Exchange rate margin (%)
1.87
1.87
Total cost (%)
2.672.67
Total cost (AUD)sort descendingTotal cost (USD)sort descending
13.3513.35
Firm
Citilink Finance
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
8.008.00
Exchange rate margin (%)
1.21
1.21
Total cost (%)
2.812.81
Total cost (AUD)sort descendingTotal cost (USD)sort descending
14.0514.05
Firm
Ceylon Exchange
 
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.0010.00
Exchange rate margin (%)
0.82
0.82
Total cost (%)
2.822.82
Total cost (AUD)sort descendingTotal cost (USD)sort descending
14.1014.10
Firm
Money2anywhere
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12.0012.00
Exchange rate margin (%)
0.57
0.57
Total cost (%)
2.972.97
Total cost (AUD)sort descendingTotal cost (USD)sort descending
14.8514.85
Firm
GMT Money
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.0010.00
Exchange rate margin (%)
1.02
1.02
Total cost (%)
3.023.02
Total cost (AUD)sort descendingTotal cost (USD)sort descending
15.1015.10
Firm
Fast Remit
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.0010.00
Exchange rate margin (%)
1.12
1.12
Total cost (%)
3.123.12
Total cost (AUD)sort descendingTotal cost (USD)sort descending
15.6015.60
Firm
State Bank of India
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.0010.00
Exchange rate margin (%)
1.12
1.12
Total cost (%)
3.123.12
Total cost (AUD)sort descendingTotal cost (USD)sort descending
15.6015.60
Firm
MoneyGram
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
8.008.00
Exchange rate margin (%)
1.64
1.64
Total cost (%)
3.243.24
Total cost (AUD)sort descendingTotal cost (USD)sort descending
16.2016.20
Firm
Western Union
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
7.007.00
Exchange rate margin (%)
1.87
1.87
Total cost (%)
3.273.27
Total cost (AUD)sort descendingTotal cost (USD)sort descending
16.3516.35
Firm
Western Union
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
7.007.00
Exchange rate margin (%)
1.87
1.87
Total cost (%)
3.273.27
Total cost (AUD)sort descendingTotal cost (USD)sort descending
16.3516.35
Firm
Bank of Baroda
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.0010.00
Exchange rate margin (%)
1.35
1.35
Total cost (%)
3.353.35
Total cost (AUD)sort descendingTotal cost (USD)sort descending
16.7516.75
Firm
Xpress Money
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
14.0014.00
Exchange rate margin (%)
0.76
0.76
Total cost (%)
3.563.56
Total cost (AUD)sort descendingTotal cost (USD)sort descending
17.8017.80
Firm
TSS Worldwide Money Transfer
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.0010.00
Exchange rate margin (%)
1.61
1.61
Total cost (%)
3.613.61
Total cost (AUD)sort descendingTotal cost (USD)sort descending
18.0518.05
Firm
Ria
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.0015.00
Exchange rate margin (%)
0.92
0.92
Total cost (%)
3.923.92
Total cost (AUD)sort descendingTotal cost (USD)sort descending
19.6019.60
Firm
MoneyGram
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
14.0014.00
Exchange rate margin (%)
1.64
1.64
Total cost (%)
4.444.44
Total cost (AUD)sort descendingTotal cost (USD)sort descending
22.2022.20
Firm
Western Union
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.0015.00
Exchange rate margin (%)
1.87
1.87
Total cost (%)
4.874.87
Total cost (AUD)sort descendingTotal cost (USD)sort descending
24.3524.35
Firm
Commonwealth Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
6.006.00
Exchange rate margin (%)
4.34
4.34
Total cost (%)
5.545.54
Total cost (AUD)sort descendingTotal cost (USD)sort descending
27.7027.70
Firm
ANZ Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
24.0024.00
Exchange rate margin (%)
4.46
4.46
Total cost (%)
9.269.26
Total cost (AUD)sort descendingTotal cost (USD)sort descending
46.3046.30
Firm
Commonwealth Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
30.0030.00
Exchange rate margin (%)
4.34
4.34
Total cost (%)
10.3410.34
Total cost (AUD)sort descendingTotal cost (USD)sort descending
51.7051.70
Firm
ANZ Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
32.0032.00
Exchange rate margin (%)
4.46
4.46
Total cost (%)
10.8610.86
Total cost (AUD)sort descendingTotal cost (USD)sort descending
54.3054.30
Total Average First Quarter
3.043.04
Total Average Fourth Quarter 2017
2.982.98
Total Average
Fee
8.038.03
Exchange Rate Margin (%)
1.431.43
Total Cost Percent (%)
3.043.04
Total Cost (AUD) Total Cost (USD)
15.1915.19
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Bank account (same/partner bank) Cash
Least Costly Corridors To India
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