Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from INDIA to SRI LANKA

Data collected on: Sep 11, 2019
INR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
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
Receiving method
High
500.007.52
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
3.763.76
500.087.52
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
Receiving method
High
200.003.01
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
1.501.50
199.503.00
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
Receiving method
High
750.0011.28
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
5.645.64
750.1211.28
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
Receiving method
High
250.003.76
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
1.881.88
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
Payment instrument
Access point
Sending network coverage
Receiving method
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
Receiving method
High
200.003.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
0.600.60
199.803.00
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
Receiving method
High
250.003.75
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
0.750.75
249.753.75
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
Receiving method
High
750.0011.26
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.252.25
749.2511.25
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
Receiving method
High
750.0011.26
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.252.25
749.2511.25
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