Remittance Prices Worldwide

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Sending money from INDIA to BANGLADESH

Data collected on: May 11, 2020
INR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.56
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
0.56
0.560.56
74.481.12
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.73
Percentage difference between market reference rate 1.12 and exchange rate charged 1.11
0.73
0.730.73
97.091.46
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.90
Percentage difference between market reference rate 1.12 and exchange rate charged 1.11
0.90
0.900.90
119.701.80
Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
High
200.003.01
0.11
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
0.11
1.621.62
215.463.24
Bank of Baroda
Firm type: Bank
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
High
500.007.52
0.15
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
0.15
3.913.91
520.037.82
ICICI Bank Money2World
Firm type: Bank
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
High
750.0011.28
1.96
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
1.96
7.607.60
1,010.8015.20
Total Average Second Quarter
2.552.55
Total Average First Quarter
1.941.94
Total Average
Fee
241.673.63
Exchange Rate Margin (%)
0.740.74
Total Cost Percent (%)
2.552.55
Total Cost (INR) Total Cost (USD)
339.595.11
Non-Transparent records
Bank account transfer Debit/credit card
Same day Next day 2 days 3-5 days
Bank account
Payment instrument
Access point
Sending network coverage
Receiving method
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.56
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
0.56
0.560.56
186.482.80
Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
High
200.003.00
0.11
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
0.11
0.710.71
236.433.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.73
Percentage difference between market reference rate 1.12 and exchange rate charged 1.11
0.73
0.730.73
243.093.65
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.90
Percentage difference between market reference rate 1.12 and exchange rate charged 1.11
0.90
0.900.90
299.704.50
Bank of Baroda
Firm type: Bank
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
High
750.0011.26
0.15
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
0.15
2.412.41
802.5312.05
ICICI Bank Money2World
Firm type: Bank
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
High
750.0011.26
1.96
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
1.96
4.214.21
1,401.9321.05
Total Average Second Quarter
1.591.59
Total Average First Quarter
0.980.98
Total Average
Fee
283.334.25
Exchange Rate Margin (%)
0.740.74
Total Cost Percent (%)
1.591.59
Total Cost (INR) Total Cost (USD)
528.367.93
Non-Transparent records
Bank account transfer Debit/credit card
Same day Next day 2 days 3-5 days
Bank account