Remittance Prices Worldwide

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Sending money from SINGAPORE to CHINA

Data collected on: Feb 07, 2019
SGD | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.31
0.31
0.310.31
0.810.62
Singtel Dash
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
9.006.92
-0.92
-0.92
2.552.55
6.635.10
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
2.001.54
1.83
1.83
2.602.60
6.765.20
DBS Remit
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
3.73
3.73
3.733.73
9.707.46
BKK Forex
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
18.0013.85
1.70
1.70
8.628.62
22.4117.24
GPL Remittance
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
16.0012.31
3.26
3.26
9.429.42
24.4918.84
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
20.0015.38
1.83
1.83
9.539.53
24.7819.06
Zhongguo Remittance
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
18.0013.85
3.10
3.10
10.0310.03
26.0820.06
GPL Remittance
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
16.0012.31
6.12
6.12
12.2712.27
31.9024.54
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
17.0013.08
5.92
5.92
12.4612.46
32.4024.92
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
18.0013.85
5.92
5.92
12.8412.84
33.3825.68
Golden Dragon
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
18.0013.85
6.72
6.72
13.6513.65
35.4927.30
Total Average First Quarter
8.178.17
Total Average Fourth Quarter 2018
6.166.16
Total Average
Fee
12.679.74
Exchange Rate Margin (%)
3.293.29
Total Cost Percent (%)
8.178.17
Total Cost (SGD) Total Cost (USD)
21.2416.34
Non-Transparent records
Bank account transfer Debit/credit card Mobile money Cash
Less than one hour Same day Next day 2 days
Bank account Cash Own/partner bank account
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.31
0.31
0.310.31
2.001.55
Singtel Dash
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
9.006.98
-0.92
-0.92
0.480.48
3.102.40
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
2.001.55
1.83
1.83
2.142.14
13.8010.70
DBS Remit
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
3.73
3.73
3.733.73
24.0618.65
BKK Forex
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
18.0013.95
1.70
1.70
4.494.49
28.9622.45
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
20.0015.50
1.83
1.83
4.934.93
31.8024.65
GPL Remittance
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
16.0012.40
3.26
3.26
5.755.75
37.0928.75
Zhongguo Remittance
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
18.0013.95
3.10
3.10
5.895.89
37.9929.45
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
17.0013.18
5.92
5.92
8.558.55
55.1542.75
GPL Remittance
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
16.0012.40
6.12
6.12
8.608.60
55.4743.00
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
18.0013.95
5.92
5.92
8.718.71
56.1843.55
Golden Dragon
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
18.0013.95
6.72
6.72
9.519.51
61.3447.55
Total Average First Quarter
5.265.26
Total Average Fourth Quarter 2018
2.992.99
Total Average
Fee
12.679.82
Exchange Rate Margin (%)
3.293.29
Total Cost Percent (%)
5.265.26
Total Cost (SGD) Total Cost (USD)
33.9126.29
Non-Transparent records
Bank account transfer Debit/credit card Mobile money Cash
Less than one hour Same day Next day 2 days
Bank account Cash Own/partner bank account