Remittance Prices Worldwide

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Sending money from GERMANY to INDIA

Data collected on: Oct 27, 2020
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.
Kotak Click2Remit
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.38
Percentage difference between market reference rate 87.06 and exchange rate charged 86.73
0.38
0.380.38
0.530.76
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.42
Percentage difference between market reference rate 87.06 and exchange rate charged 85.83
1.42
1.421.42
1.992.84
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.992.84
0.05
Percentage difference between market reference rate 87.06 and exchange rate charged 87.02
0.05
1.471.47
2.062.94
Postbank
Firm type: Post office
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.502.14
0.54
Percentage difference between market reference rate 87.06 and exchange rate charged 86.59
0.54
1.621.62
2.273.24
RemitMoney
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.84
0.66
Percentage difference between market reference rate 87.06 and exchange rate charged 86.49
0.66
2.082.08
2.914.16
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.84
0.66
Percentage difference between market reference rate 87.06 and exchange rate charged 86.49
0.66
2.082.08
2.914.16
RemitGuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.002.86
0.97
Percentage difference between market reference rate 87.06 and exchange rate charged 86.22
0.97
2.402.40
3.364.80
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.27
1.00
Percentage difference between market reference rate 87.06 and exchange rate charged 86.19
1.00
3.143.14
4.406.29
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.902.71
2.12
Percentage difference between market reference rate 87.06 and exchange rate charged 85.22
2.12
3.483.48
4.876.96
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.902.71
2.12
Percentage difference between market reference rate 87.06 and exchange rate charged 85.22
2.12
3.483.48
4.876.96
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.509.29
0.10
Percentage difference between market reference rate 87.06 and exchange rate charged 86.98
0.10
4.744.74
6.649.49
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.995.70
2.10
Percentage difference between market reference rate 87.06 and exchange rate charged 85.24
2.10
4.954.95
6.939.90
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.9011.29
2.10
Percentage difference between market reference rate 87.06 and exchange rate charged 85.24
2.10
7.747.74
10.8415.49
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.909.86
3.46
Percentage difference between market reference rate 87.06 and exchange rate charged 84.05
3.46
8.398.39
11.7516.79
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.0010.00
3.46
Percentage difference between market reference rate 87.06 and exchange rate charged 84.05
3.46
8.468.46
11.8416.91
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.905.57
6.62
Percentage difference between market reference rate 87.06 and exchange rate charged 81.30
6.62
9.419.41
13.1718.81
Commerzbank AG
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
12.5017.86
0.91
Percentage difference between market reference rate 87.06 and exchange rate charged 86.27
0.91
9.849.84
13.7819.69
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
15.0021.43
0.79
Percentage difference between market reference rate 87.06 and exchange rate charged 86.38
0.79
11.5011.50
16.1023.00
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
3.46
Percentage difference between market reference rate 87.06 and exchange rate charged 84.05
3.46
17.6817.68
24.7535.36
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
Deutsche Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
36.5552.21
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
26.1126.11
36.5552.21
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
Deutsche Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
39.5556.50
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
28.2528.25
39.5556.50
Total Average Fourth Quarter 2020
7.557.55
Total Average Third Quarter 2020
8.368.36
Total Average
Fee
8.3811.97
Exchange Rate Margin (%)
1.571.57
Total Cost Percent (%)
7.557.55
Total Cost (EUR) Total Cost (USD)
10.5715.11
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 2 days 3-5 days 6 days or more
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Kotak Click2Remit
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.38
Percentage difference between market reference rate 87.06 and exchange rate charged 86.73
0.38
0.380.38
1.311.90
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.992.88
0.05
Percentage difference between market reference rate 87.06 and exchange rate charged 87.02
0.05
0.630.63
2.173.14
Postbank
Firm type: Post office
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.502.17
0.54
Percentage difference between market reference rate 87.06 and exchange rate charged 86.59
0.54
0.980.98
3.384.90
RemitMoney
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.88
0.66
Percentage difference between market reference rate 87.06 and exchange rate charged 86.49
0.66
1.241.24
4.286.20
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.992.88
0.66
Percentage difference between market reference rate 87.06 and exchange rate charged 86.49
0.66
1.241.24
4.286.20
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.42
Percentage difference between market reference rate 87.06 and exchange rate charged 85.83
1.42
1.421.42
4.907.10
RemitGuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.002.90
0.97
Percentage difference between market reference rate 87.06 and exchange rate charged 86.22
0.97
1.551.55
5.357.75
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.994.33
1.00
Percentage difference between market reference rate 87.06 and exchange rate charged 86.19
1.00
1.871.87
6.459.35
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.509.42
0.10
Percentage difference between market reference rate 87.06 and exchange rate charged 86.98
0.10
1.981.98
6.839.90
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.902.75
2.12
Percentage difference between market reference rate 87.06 and exchange rate charged 85.22
2.12
2.672.67
9.2113.35
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.902.75
2.12
Percentage difference between market reference rate 87.06 and exchange rate charged 85.22
2.12
2.672.67
9.2113.35
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.995.78
2.10
Percentage difference between market reference rate 87.06 and exchange rate charged 85.24
2.10
3.253.25
11.2116.25
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.9011.45
2.10
Percentage difference between market reference rate 87.06 and exchange rate charged 85.24
2.10
4.394.39
15.1521.96
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
15.0021.74
0.79
Percentage difference between market reference rate 87.06 and exchange rate charged 86.38
0.79
5.135.13
17.7025.65
Commerzbank AG
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
15.0021.74
0.91
Percentage difference between market reference rate 87.06 and exchange rate charged 86.27
0.91
5.265.26
18.1526.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.9010.00
3.46
Percentage difference between market reference rate 87.06 and exchange rate charged 84.05
3.46
5.465.46
18.8427.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.0010.14
3.46
Percentage difference between market reference rate 87.06 and exchange rate charged 84.05
3.46
5.495.49
18.9427.45
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.905.65
6.62
Percentage difference between market reference rate 87.06 and exchange rate charged 81.30
6.62
7.757.75
26.7438.75
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
3.46
Percentage difference between market reference rate 87.06 and exchange rate charged 84.05
3.46
12.1312.13
41.8560.65
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
Deutsche Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
36.5552.97
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
10.5910.59
36.5452.96
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
Deutsche Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
41.5560.22
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
12.0412.04
41.5460.20
Total Average Fourth Quarter 2020
4.204.20
Total Average Third Quarter 2020
5.055.05
Total Average
Fee
9.0713.14
Exchange Rate Margin (%)
1.571.57
Total Cost Percent (%)
4.204.20
Total Cost (EUR) Total Cost (USD)
14.4820.98
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 2 days 3-5 days 6 days or more
Bank account Cash