Remittance Prices Worldwide

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Sending money from GERMANY to INDIA

Data collected on: Nov 10, 2021-Nov 22, 2021
EUR | 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 (EUR)sort descendingTotal cost (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
0.48
Percentage difference between market reference rate 85.22 and exchange rate charged 84.80
0.48
0.480.48
0.670.96
RemitMoney
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.48
Percentage difference between market reference rate 85.54 and exchange rate charged 85.13
0.48
0.480.48
0.670.96
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
0.54
Percentage difference between market reference rate 85.22 and exchange rate charged 84.76
0.54
0.540.54
0.761.09
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.280.40
0.48
Percentage difference between market reference rate 85.14 and exchange rate charged 84.74
0.48
0.670.67
0.941.34
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.380.54
0.48
Percentage difference between market reference rate 85.14 and exchange rate charged 84.74
0.48
0.740.74
1.041.49
RemitGuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.002.86
0.21
Percentage difference between market reference rate 84.10 and exchange rate charged 83.93
0.21
1.641.64
2.303.29
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.84
1.01
Percentage difference between market reference rate 85.23 and exchange rate charged 84.37
1.01
2.432.43
3.404.86
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.84
1.48
Percentage difference between market reference rate 85.23 and exchange rate charged 83.97
1.48
2.902.90
4.065.80
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.27
0.77
Percentage difference between market reference rate 85.13 and exchange rate charged 84.47
0.77
2.912.91
4.075.81
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
0.88
Percentage difference between market reference rate 85.53 and exchange rate charged 84.77
0.88
3.023.02
4.236.04
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.905.57
0.87
Percentage difference between market reference rate 84.29 and exchange rate charged 83.55
0.87
3.663.66
5.127.31
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.995.70
1.61
Percentage difference between market reference rate 85.29 and exchange rate charged 83.91
1.61
4.464.46
6.248.91
State Bank of India
Firm type: Bank
Payment instrument
Access point
Call Center, Bank branch
Sending network coverage
High
Receiving method
High
3.995.70
2.53
Percentage difference between market reference rate 84.04 and exchange rate charged 81.91
2.53
5.385.38
7.5310.76
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.0010.00
0.54
Percentage difference between market reference rate 85.14 and exchange rate charged 84.68
0.54
5.545.54
7.7611.09
Postbank
Firm type: Post office
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
8.0011.43
1.86
Percentage difference between market reference rate 83.87 and exchange rate charged 82.31
1.86
7.587.58
10.6115.16
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.909.86
4.31
Percentage difference between market reference rate 85.17 and exchange rate charged 81.50
4.31
9.249.24
12.9418.49
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.9917.13
1.07
Percentage difference between market reference rate 1.14 and exchange rate charged 1.13
1.07
9.649.64
13.5019.29
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
11.8916.99
1.17
Percentage difference between market reference rate 85.20 and exchange rate charged 84.20
1.17
9.679.67
13.5419.34
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.905.57
7.93
Percentage difference between market reference rate 85.17 and exchange rate charged 78.41
7.93
10.7210.72
15.0121.44
Postbank via Western Union
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
19.9028.43
3.23
Percentage difference between market reference rate 85.25 and exchange rate charged 82.49
3.23
17.4517.45
24.4334.90
Deutsche Bank
Firm type: Bank
Payment instrument
Access point
Call Center, Bank branch
Sending network coverage
High
Receiving method
High
36.5552.21
1.37
Percentage difference between market reference rate 84.84 and exchange rate charged 83.68
1.37
27.4827.48
38.4754.96
Total Average Fourth Quarter 2021
6.036.03
Total Average Third Quarter 2021
5.165.16
Total Average
Fee
6.228.89
Exchange Rate Margin (%)
1.591.59
Total Cost Percent (%)
6.036.03
Total Cost (EUR) Total Cost (USD)
8.4412.06
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
0.48
Percentage difference between market reference rate 85.22 and exchange rate charged 84.80
0.48
0.480.48
1.662.41
RemitMoney
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.48
Percentage difference between market reference rate 85.54 and exchange rate charged 85.13
0.48
0.480.48
1.662.41
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
0.54
Percentage difference between market reference rate 85.22 and exchange rate charged 84.76
0.54
0.540.54
1.862.70
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.691.00
0.48
Percentage difference between market reference rate 85.14 and exchange rate charged 84.74
0.48
0.680.68
2.353.41
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.931.35
0.48
Percentage difference between market reference rate 85.14 and exchange rate charged 84.74
0.48
0.750.75
2.593.75
RemitGuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.002.90
0.21
Percentage difference between market reference rate 84.10 and exchange rate charged 83.93
0.21
0.790.79
2.733.96
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.88
1.01
Percentage difference between market reference rate 85.23 and exchange rate charged 84.37
1.01
1.591.59
5.497.96
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.33
0.77
Percentage difference between market reference rate 85.13 and exchange rate charged 84.47
0.77
1.641.64
5.668.20
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
0.88
Percentage difference between market reference rate 85.53 and exchange rate charged 84.77
0.88
1.751.75
6.048.75
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.905.65
0.87
Percentage difference between market reference rate 84.29 and exchange rate charged 83.55
0.87
2.012.01
6.9310.04
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.88
1.48
Percentage difference between market reference rate 85.23 and exchange rate charged 83.97
1.48
2.062.06
7.1110.30
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.0010.14
0.54
Percentage difference between market reference rate 85.14 and exchange rate charged 84.68
0.54
2.572.57
8.8712.86
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.995.78
1.61
Percentage difference between market reference rate 85.29 and exchange rate charged 83.91
1.61
2.772.77
9.5613.86
State Bank of India
Firm type: Bank
Payment instrument
Access point
Call Center, Bank branch
Sending network coverage
High
Receiving method
High
5.507.97
2.53
Percentage difference between market reference rate 84.04 and exchange rate charged 81.91
2.53
4.124.12
14.2120.59
Postbank
Firm type: Post office
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
8.0011.59
1.86
Percentage difference between market reference rate 83.87 and exchange rate charged 82.31
1.86
4.184.18
14.4220.90
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
11.9917.38
1.07
Percentage difference between market reference rate 1.14 and exchange rate charged 1.13
1.07
4.554.55
15.7022.75
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
11.8917.23
1.17
Percentage difference between market reference rate 85.20 and exchange rate charged 84.20
1.17
4.624.62
15.9423.10
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.9010.00
4.31
Percentage difference between market reference rate 85.17 and exchange rate charged 81.50
4.31
6.316.31
21.7731.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.905.65
7.29
Percentage difference between market reference rate 85.17 and exchange rate charged 78.96
7.29
8.428.42
29.0542.10
Postbank via Western Union
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
29.9043.33
3.23
Percentage difference between market reference rate 85.25 and exchange rate charged 82.49
3.23
11.9011.90
41.0659.51
Deutsche Bank
Firm type: Bank
Payment instrument
Access point
Call Center, Bank branch
Sending network coverage
High
Receiving method
High
36.5552.97
1.37
Percentage difference between market reference rate 84.84 and exchange rate charged 83.68
1.37
11.9711.97
41.3059.86
Total Average Fourth Quarter 2021
3.533.53
Total Average Third Quarter 2021
2.922.92
Total Average
Fee
6.819.88
Exchange Rate Margin (%)
1.561.56
Total Cost Percent (%)
3.533.53
Total Cost (EUR) Total Cost (USD)
12.1917.66
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash