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Sending money from GERMANY to INDIA

Data collected on: Apr 26, 2017
EUR | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (EUR)sort descendingTotal cost (USD)sort descending
Firm
Transferwise
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.862.66
Exchange rate margin (%)
-0.16
-0.16
Total cost (%)
1.171.17
Total cost (EUR)sort descendingTotal cost (USD)sort descending
1.642.34
Firm
RemitGuru
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.002.86
Exchange rate margin (%)
0.39
0.39
Total cost (%)
1.821.82
Total cost (EUR)sort descendingTotal cost (USD)sort descending
2.553.64
Firm
Azimo
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.902.71
Exchange rate margin (%)
0.74
0.74
Total cost (%)
2.102.10
Total cost (EUR)sort descendingTotal cost (USD)sort descending
2.944.20
Firm
Azimo
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.902.71
Exchange rate margin (%)
0.74
0.74
Total cost (%)
2.102.10
Total cost (EUR)sort descendingTotal cost (USD)sort descending
2.944.20
Firm
Postbank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.502.14
Exchange rate margin (%)
2.08
2.08
Total cost (%)
3.153.15
Total cost (EUR)sort descendingTotal cost (USD)sort descending
4.416.30
Firm
WorldRemit
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
3.995.70
Exchange rate margin (%)
1.38
1.38
Total cost (%)
4.234.23
Total cost (EUR)sort descendingTotal cost (USD)sort descending
5.928.46
Firm
MoneyGram
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.904.14
Exchange rate margin (%)
2.30
2.30
Total cost (%)
4.374.37
Total cost (EUR)sort descendingTotal cost (USD)sort descending
6.128.74
Firm
Western Union
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
3.004.29
Exchange rate margin (%)
2.72
2.72
Total cost (%)
4.864.86
Total cost (EUR)sort descendingTotal cost (USD)sort descending
6.809.71
Firm
Small World
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
7.0010.00
Exchange rate margin (%)
2.00
2.00
Total cost (%)
7.007.00
Total cost (EUR)sort descendingTotal cost (USD)sort descending
9.8014.00
Firm
Tempo Money Transfer
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
7.5010.71
Exchange rate margin (%)
2.50
2.50
Total cost (%)
7.867.86
Total cost (EUR)sort descendingTotal cost (USD)sort descending
11.0015.71
Firm
Commerzbank AG
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12.5017.86
Exchange rate margin (%)
-0.16
-0.16
Total cost (%)
8.768.76
Total cost (EUR)sort descendingTotal cost (USD)sort descending
12.2617.51
Firm
MoneyGram
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
7.9011.29
Exchange rate margin (%)
3.20
3.20
Total cost (%)
8.858.85
Total cost (EUR)sort descendingTotal cost (USD)sort descending
12.3917.70
Firm
Western Union
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
9.9014.14
Exchange rate margin (%)
3.20
3.20
Total cost (%)
10.2810.28
Total cost (EUR)sort descendingTotal cost (USD)sort descending
14.3920.56
Firm
State Bank of India
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.0021.43
Exchange rate margin (%)
0.52
0.52
Total cost (%)
11.2411.24
Total cost (EUR)sort descendingTotal cost (USD)sort descending
15.7422.49
Firm
Ria
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
7.5010.71
Exchange rate margin (%)
8.02
8.02
Total cost (%)
13.3813.38
Total cost (EUR)sort descendingTotal cost (USD)sort descending
18.7326.76
Firm
Postbank via Western Union
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
19.9028.43
Exchange rate margin (%)
2.72
2.72
Total cost (%)
16.9316.93
Total cost (EUR)sort descendingTotal cost (USD)sort descending
23.7033.86
Firm
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
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
36.5552.21
Exchange rate margin (%)
0.00
0.00
Total cost (%)
26.1126.11
Total cost (EUR)sort descendingTotal cost (USD)sort descending
36.5552.21
Firm
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
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
39.5556.50
Exchange rate margin (%)
0.00
0.00
Total cost (%)
28.2528.25
Total cost (EUR)sort descendingTotal cost (USD)sort descending
39.5556.50
Total Average Second Quarter
9.039.03
Total Average First Quarter
9.669.66
Total Average
Fee
10.1314.47
Exchange Rate Margin (%)
1.791.79
Total Cost Percent (%)
9.039.03
Total Cost (EUR) Total Cost (USD)
12.6418.05
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
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (EUR)sort descendingTotal cost (USD)sort descending
Firm
Transferwise
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.403.48
Exchange rate margin (%)
-0.16
-0.16
Total cost (%)
0.530.53
Total cost (EUR)sort descendingTotal cost (USD)sort descending
1.832.65
Firm
RemitGuru
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.002.90
Exchange rate margin (%)
0.39
0.39
Total cost (%)
0.970.97
Total cost (EUR)sort descendingTotal cost (USD)sort descending
3.354.86
Firm
Azimo
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.902.75
Exchange rate margin (%)
0.74
0.74
Total cost (%)
1.291.29
Total cost (EUR)sort descendingTotal cost (USD)sort descending
4.456.45
Firm
Azimo
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.902.75
Exchange rate margin (%)
0.74
0.74
Total cost (%)
1.291.29
Total cost (EUR)sort descendingTotal cost (USD)sort descending
4.456.45
Firm
Postbank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.502.17
Exchange rate margin (%)
2.08
2.08
Total cost (%)
2.512.51
Total cost (EUR)sort descendingTotal cost (USD)sort descending
8.6612.55
Firm
WorldRemit
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
3.995.78
Exchange rate margin (%)
1.38
1.38
Total cost (%)
2.542.54
Total cost (EUR)sort descendingTotal cost (USD)sort descending
8.7612.70
Firm
MoneyGram
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.904.20
Exchange rate margin (%)
2.30
2.30
Total cost (%)
3.143.14
Total cost (EUR)sort descendingTotal cost (USD)sort descending
10.8315.70
Firm
Western Union
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
3.004.35
Exchange rate margin (%)
2.72
2.72
Total cost (%)
3.593.59
Total cost (EUR)sort descendingTotal cost (USD)sort descending
12.3917.96
Firm
Small World
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
7.0010.14
Exchange rate margin (%)
2.00
2.00
Total cost (%)
4.034.03
Total cost (EUR)sort descendingTotal cost (USD)sort descending
13.9020.14
Firm
Commerzbank AG
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.0021.74
Exchange rate margin (%)
-0.16
-0.16
Total cost (%)
4.184.18
Total cost (EUR)sort descendingTotal cost (USD)sort descending
14.4220.90
Firm
Tempo Money Transfer
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
7.5010.87
Exchange rate margin (%)
2.50
2.50
Total cost (%)
4.684.68
Total cost (EUR)sort descendingTotal cost (USD)sort descending
16.1523.41
Firm
State Bank of India
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.0021.74
Exchange rate margin (%)
0.52
0.52
Total cost (%)
4.874.87
Total cost (EUR)sort descendingTotal cost (USD)sort descending
16.8024.35
Firm
MoneyGram
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
7.9011.45
Exchange rate margin (%)
3.20
3.20
Total cost (%)
5.495.49
Total cost (EUR)sort descendingTotal cost (USD)sort descending
18.9427.45
Firm
Western Union
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
9.9014.35
Exchange rate margin (%)
3.20
3.20
Total cost (%)
6.076.07
Total cost (EUR)sort descendingTotal cost (USD)sort descending
20.9430.35
Firm
Ria
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
7.5010.87
Exchange rate margin (%)
8.02
8.02
Total cost (%)
10.2010.20
Total cost (EUR)sort descendingTotal cost (USD)sort descending
35.1951.00
Firm
Postbank via Western Union
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
29.9043.33
Exchange rate margin (%)
2.72
2.72
Total cost (%)
11.3811.38
Total cost (EUR)sort descendingTotal cost (USD)sort descending
39.2656.90
Firm
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
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
36.5552.97
Exchange rate margin (%)
0.00
0.00
Total cost (%)
10.5910.59
Total cost (EUR)sort descendingTotal cost (USD)sort descending
36.5452.96
Firm
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
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
41.5560.22
Exchange rate margin (%)
0.00
0.00
Total cost (%)
12.0412.04
Total cost (EUR)sort descendingTotal cost (USD)sort descending
41.5460.20
Total Average Second Quarter
4.974.97
Total Average First Quarter
5.645.64
Total Average
Fee
10.9715.89
Exchange Rate Margin (%)
1.791.79
Total Cost Percent (%)
4.974.97
Total Cost (EUR) Total Cost (USD)
17.1324.83
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
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