Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From PKPakistan you can also send money to

Sending money from PAKISTAN to BANGLADESH

Data collected on: Oct 29, 2020
PKR | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (PKR)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2,090.0019.90
-0.75
Percentage difference between market reference rate 160.50 and exchange rate charged 161.70
-0.75
9.209.20
1,932.0018.40
Allied Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
2,610.0024.86
0.22
Percentage difference between market reference rate 160.50 and exchange rate charged 160.15
0.22
12.6512.65
2,656.5025.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2,090.0019.90
4.51
Percentage difference between market reference rate 0.53 and exchange rate charged 0.50
4.51
14.4714.47
3,038.7028.94
Bank Al Habib
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
4,760.0045.33
-0.16
Percentage difference between market reference rate 160.50 and exchange rate charged 160.75
-0.16
22.5122.51
4,727.1045.02
Bank Alfalah
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
3,320.0031.62
-0.22
Percentage difference between market reference rate 160.50 and exchange rate charged 160.85
-0.22
15.5915.59
3,273.9031.18
Faysal Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
3,370.0032.10
0.22
Percentage difference between market reference rate 160.50 and exchange rate charged 160.15
0.22
16.2716.27
3,416.7032.54
Habib Metropolitan Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
5,000.0047.62
-0.03
Percentage difference between market reference rate 160.50 and exchange rate charged 160.55
-0.03
23.7823.78
4,993.8047.56
HBL
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
3,000.0028.57
-0.34
Percentage difference between market reference rate 160.50 and exchange rate charged 161.05
-0.34
13.9413.94
2,927.4027.88
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1,500.0014.29
0.31
Percentage difference between market reference rate 160.50 and exchange rate charged 160.00
0.31
7.457.45
1,564.5014.90
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1,500.0014.29
4.51
Percentage difference between market reference rate 0.53 and exchange rate charged 0.50
4.51
11.6611.66
2,448.6023.32
Soneri Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
5,500.0052.38
-0.16
Percentage difference between market reference rate 160.50 and exchange rate charged 160.75
-0.16
26.0326.03
5,466.3052.06
UBL
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
3,590.0034.19
4.83
Percentage difference between market reference rate 160.50 and exchange rate charged 152.74
4.83
21.9321.93
4,605.3043.86
Total Average Fourth Quarter 2020
16.2916.29
Total Average Third Quarter 2020
16.5516.55
Total Average
Fee
3,194.1730.42
Exchange Rate Margin (%)
1.081.08
Total Cost Percent (%)
16.2916.29
Total Cost (PKR) Total Cost (USD)
3,420.9032.58
Non-Transparent records
Bank account transfer Cash
Less than one hour 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Habib Metropolitan Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
5,000.0047.76
-0.03
Percentage difference between market reference rate 160.50 and exchange rate charged 160.55
-0.03
9.529.52
4,983.7247.60
HBL
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
3,000.0028.65
-0.34
Percentage difference between market reference rate 160.50 and exchange rate charged 161.05
-0.34
5.395.39
2,821.6726.95
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3,000.0028.65
0.31
Percentage difference between market reference rate 160.50 and exchange rate charged 160.00
0.31
6.046.04
3,161.9430.20
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2,000.0019.10
4.51
Percentage difference between market reference rate 0.53 and exchange rate charged 0.50
4.51
8.348.34
4,365.9941.70
Soneri Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
5,500.0052.53
-0.16
Percentage difference between market reference rate 160.50 and exchange rate charged 160.75
-0.16
10.3510.35
5,418.2351.75
UBL
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
3,590.0034.29
4.83
Percentage difference between market reference rate 160.50 and exchange rate charged 152.74
4.83
11.6911.69
6,119.7258.45
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4,500.0042.98
-0.75
Percentage difference between market reference rate 160.50 and exchange rate charged 161.70
-0.75
7.857.85
4,109.4839.25
Allied Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
2,610.0024.93
0.22
Percentage difference between market reference rate 160.50 and exchange rate charged 160.15
0.22
5.205.20
2,722.2026.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4,500.0042.98
4.51
Percentage difference between market reference rate 0.53 and exchange rate charged 0.50
4.51
13.1113.11
6,863.0965.55
Bank Al Habib
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
4,760.0045.46
-0.16
Percentage difference between market reference rate 160.50 and exchange rate charged 160.75
-0.16
8.948.94
4,680.0944.70
Bank Alfalah
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
5,000.0047.76
-0.22
Percentage difference between market reference rate 160.50 and exchange rate charged 160.85
-0.22
9.339.33
4,884.2646.65
Faysal Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
3,370.0032.19
0.22
Percentage difference between market reference rate 160.50 and exchange rate charged 160.15
0.22
6.666.66
3,486.5133.30
Total Average Fourth Quarter 2020
8.548.54
Total Average Third Quarter 2020
8.168.16
Total Average
Fee
3,902.5037.27
Exchange Rate Margin (%)
1.081.08
Total Cost Percent (%)
8.548.54
Total Cost (PKR) Total Cost (USD)
4,468.0842.68
Non-Transparent records
Bank account transfer Cash
Less than one hour 3-5 days
Bank account Cash