Remittance Prices Worldwide

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Sending money from GERMANY to INDIA

Data collected on: Jul 28, 2020
EUR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Transferwise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.892.70
-1.00
Percentage difference between market reference rate 87.56 and exchange rate charged 88.43
-1.00
0.350.35
0.490.70
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.992.84
0.17
Percentage difference between market reference rate 87.56 and exchange rate charged 87.41
0.17
1.591.59
2.233.19
RemitGuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.002.86
0.18
Percentage difference between market reference rate 87.56 and exchange rate charged 87.40
0.18
1.611.61
2.253.21
Postbank
Firm type: Post office
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.502.14
0.84
Percentage difference between market reference rate 87.56 and exchange rate charged 86.82
0.84
1.911.91
2.673.81
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.902.71
0.78
Percentage difference between market reference rate 87.56 and exchange rate charged 86.87
0.78
2.142.14
3.004.29
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.902.71
0.78
Percentage difference between market reference rate 87.56 and exchange rate charged 86.87
0.78
2.142.14
3.004.29
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.27
0.40
Percentage difference between market reference rate 87.56 and exchange rate charged 87.21
0.40
2.532.53
3.545.06
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.995.70
2.33
Percentage difference between market reference rate 87.56 and exchange rate charged 85.52
2.33
5.185.18
7.2510.36
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.0010.00
1.86
Percentage difference between market reference rate 87.56 and exchange rate charged 85.93
1.86
6.866.86
9.6013.71
Kotak Click2Remit
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
7.00
Percentage difference between market reference rate 87.56 and exchange rate charged 81.43
7.00
7.007.00
9.8014.00
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
7.81
Percentage difference between market reference rate 87.56 and exchange rate charged 80.72
7.81
7.817.81
10.9315.61
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.909.86
2.95
Percentage difference between market reference rate 87.56 and exchange rate charged 84.97
2.95
7.887.88
11.0315.76
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.0010.00
2.95
Percentage difference between market reference rate 87.56 and exchange rate charged 84.97
2.95
7.957.95
11.1315.90
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.9011.29
2.33
Percentage difference between market reference rate 87.56 and exchange rate charged 85.52
2.33
7.977.97
11.1615.94
RemitMoney
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.002.86
6.55
Percentage difference between market reference rate 87.56 and exchange rate charged 81.82
6.55
7.987.98
11.1715.96
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.509.29
3.74
Percentage difference between market reference rate 87.56 and exchange rate charged 84.28
3.74
8.398.39
11.7516.79
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.905.57
6.12
Percentage difference between market reference rate 87.56 and exchange rate charged 82.20
6.12
8.908.90
12.4617.80
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
1.39
Percentage difference between market reference rate 87.56 and exchange rate charged 86.34
1.39
12.1012.10
16.9424.20
Commerzbank AG
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
12.5017.86
3.21
Percentage difference between market reference rate 87.56 and exchange rate charged 84.75
3.21
12.1312.13
16.9824.26
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
2.95
Percentage difference between market reference rate 87.56 and exchange rate charged 84.97
2.95
17.1717.17
24.0434.34
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 Third Quarter
8.368.36
Total Average Second Quarter
7.637.63
Total Average
Fee
8.3111.87
Exchange Rate Margin (%)
2.422.42
Total Cost Percent (%)
8.368.36
Total Cost (EUR) Total Cost (USD)
11.7116.72
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
Transferwise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.815.52
-1.00
Percentage difference between market reference rate 87.56 and exchange rate charged 88.43
-1.00
0.110.11
0.380.55
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.992.88
0.17
Percentage difference between market reference rate 87.56 and exchange rate charged 87.41
0.17
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
0.18
Percentage difference between market reference rate 87.56 and exchange rate charged 87.40
0.18
0.760.76
2.623.80
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.994.33
0.40
Percentage difference between market reference rate 87.56 and exchange rate charged 87.21
0.40
1.261.26
4.356.30
Postbank
Firm type: Post office
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.502.17
0.84
Percentage difference between market reference rate 87.56 and exchange rate charged 86.82
0.84
1.281.28
4.426.41
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.902.75
0.78
Percentage difference between market reference rate 87.56 and exchange rate charged 86.87
0.78
1.341.34
4.626.70
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.902.75
0.78
Percentage difference between market reference rate 87.56 and exchange rate charged 86.87
0.78
1.341.34
4.626.70
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.995.78
2.33
Percentage difference between market reference rate 87.56 and exchange rate charged 85.52
2.33
3.483.48
12.0117.41
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.0010.14
1.86
Percentage difference between market reference rate 87.56 and exchange rate charged 85.93
1.86
3.893.89
13.4219.45
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.9011.45
2.33
Percentage difference between market reference rate 87.56 and exchange rate charged 85.52
2.33
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
2.95
Percentage difference between market reference rate 87.56 and exchange rate charged 84.97
2.95
4.954.95
17.0824.75
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.0010.14
2.95
Percentage difference between market reference rate 87.56 and exchange rate charged 84.97
2.95
4.984.98
17.1824.90
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.509.42
3.74
Percentage difference between market reference rate 87.56 and exchange rate charged 84.28
3.74
5.635.63
19.4228.14
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
1.39
Percentage difference between market reference rate 87.56 and exchange rate charged 86.34
1.39
5.745.74
19.8028.70
Kotak Click2Remit
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
7.00
Percentage difference between market reference rate 87.56 and exchange rate charged 81.43
7.00
7.007.00
24.1535.00
RemitMoney
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.002.90
6.55
Percentage difference between market reference rate 87.56 and exchange rate charged 81.82
6.55
7.137.13
24.6035.65
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.905.65
6.12
Percentage difference between market reference rate 87.56 and exchange rate charged 82.20
6.12
7.257.25
25.0136.25
Commerzbank AG
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
15.0021.74
3.21
Percentage difference between market reference rate 87.56 and exchange rate charged 84.75
3.21
7.557.55
26.0537.75
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
7.81
Percentage difference between market reference rate 87.56 and exchange rate charged 80.72
7.81
7.817.81
26.9439.04
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
2.95
Percentage difference between market reference rate 87.56 and exchange rate charged 84.97
2.95
11.6211.62
40.0958.10
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 Third Quarter
5.055.05
Total Average Second Quarter
4.424.42
Total Average
Fee
9.0613.13
Exchange Rate Margin (%)
2.422.42
Total Cost Percent (%)
5.055.05
Total Cost (EUR) Total Cost (USD)
17.4325.25
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