Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from INDIA to BANGLADESH

Data collected on: Sep 11, 2019
INR | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (INR)Total cost (USD)
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.
Bank of Baroda
Firm type: Bank
 
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
500.007.52
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
3.763.76
Total cost (INR)Total cost (USD)
500.087.52
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.
Bank of India
Firm type: Bank
 
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
200.003.01
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.501.50
Total cost (INR)Total cost (USD)
199.503.00
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.
ICICI Bank Money2World
Firm type: Bank
 
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
750.0011.28
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
5.645.64
Total cost (INR)Total cost (USD)
750.1211.28
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.
State Bank of India
Firm type: Bank
 
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
250.003.76
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.881.88
Total cost (INR)Total cost (USD)
250.043.76
Total Average Third Quarter
3.203.20
Total Average Second Quarter
2.402.40
Total Average
Fee
425.006.39
Exchange Rate Margin (%)
0.000.00
Total Cost Percent (%)
3.203.20
Total Cost (INR) Total Cost (USD)
424.946.39
Non-Transparent records
Bank account transfer
2 days 3-5 days
Bank account
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (INR)sort ascendingTotal cost (USD)sort ascending
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.
Bank of Baroda
Firm type: Bank
 
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
750.0011.26
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.252.25
Total cost (INR)sort ascendingTotal cost (USD)sort ascending
749.2511.25
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.
ICICI Bank Money2World
Firm type: Bank
 
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
750.0011.26
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.252.25
Total cost (INR)sort ascendingTotal cost (USD)sort ascending
749.2511.25
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.
State Bank of India
Firm type: Bank
 
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
250.003.75
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
0.750.75
Total cost (INR)sort ascendingTotal cost (USD)sort ascending
249.753.75
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.
Bank of India
Firm type: Bank
 
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
200.003.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
0.600.60
Total cost (INR)sort ascendingTotal cost (USD)sort ascending
199.803.00
Total Average Third Quarter
1.461.46
Total Average Second Quarter
0.960.96
Total Average
Fee
487.507.32
Exchange Rate Margin (%)
0.000.00
Total Cost Percent (%)
1.461.46
Total Cost (INR) Total Cost (USD)
487.017.31
Non-Transparent records
Bank account transfer
2 days 3-5 days
Bank account
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