Remittance Prices Worldwide

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Sending money from SINGAPORE to CHINA

Data collected on: Sep 16, 2019
SGD | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
0.24
Percentage difference between market reference rate 5.14 and exchange rate charged 5.13
0.24
0.240.24
0.620.48
BKK Forex
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
18.0013.85
-1.20
Percentage difference between market reference rate 5.14 and exchange rate charged 5.20
-1.20
5.735.73
14.9011.46
Singtel Dash
Firm type: Money Transfer Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
7.505.77
3.28
Percentage difference between market reference rate 5.14 and exchange rate charged 4.97
3.28
6.166.16
16.0212.32
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
17.0013.08
0.75
Percentage difference between market reference rate 5.14 and exchange rate charged 5.10
0.75
7.297.29
18.9514.58
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
20.0015.38
-0.22
Percentage difference between market reference rate 5.14 and exchange rate charged 5.15
-0.22
7.477.47
19.4214.94
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
18.0013.85
0.75
Percentage difference between market reference rate 5.14 and exchange rate charged 5.10
0.75
7.677.67
19.9415.34
GPL Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
16.0012.31
1.72
Percentage difference between market reference rate 5.14 and exchange rate charged 5.05
1.72
7.887.88
20.4915.76
GPL Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
16.0012.31
1.72
Percentage difference between market reference rate 5.14 and exchange rate charged 5.05
1.72
7.887.88
20.4915.76
Zhongguo Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
18.0013.85
2.70
Percentage difference between market reference rate 5.14 and exchange rate charged 5.00
2.70
9.629.62
25.0119.24
Golden Dragon
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
18.0013.85
2.89
Percentage difference between market reference rate 5.14 and exchange rate charged 4.99
2.89
9.819.81
25.5119.62
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.001.54
19.72
Percentage difference between market reference rate 5.14 and exchange rate charged 4.13
19.72
20.4920.49
53.2740.98
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.
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
0.000.00
0.000.00
Total Average Third Quarter
7.527.52
Total Average Second Quarter
4.394.39
Total Average
Fee
12.549.65
Exchange Rate Margin (%)
2.702.70
Total Cost Percent (%)
7.527.52
Total Cost (SGD) Total Cost (USD)
19.5515.04
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
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
0.24
Percentage difference between market reference rate 5.14 and exchange rate charged 5.13
0.24
0.240.24
1.551.20
BKK Forex
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
18.0013.95
-1.20
Percentage difference between market reference rate 5.14 and exchange rate charged 5.20
-1.20
1.591.59
10.267.95
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
20.0015.50
-0.22
Percentage difference between market reference rate 5.14 and exchange rate charged 5.15
-0.22
2.882.88
18.5814.40
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
17.0013.18
0.75
Percentage difference between market reference rate 5.14 and exchange rate charged 5.10
0.75
3.393.39
21.8716.95
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
18.0013.95
0.75
Percentage difference between market reference rate 5.14 and exchange rate charged 5.10
0.75
3.543.54
22.8317.70
GPL Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
16.0012.40
1.72
Percentage difference between market reference rate 5.14 and exchange rate charged 5.05
1.72
4.204.20
27.0921.00
GPL Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
16.0012.40
1.72
Percentage difference between market reference rate 5.14 and exchange rate charged 5.05
1.72
4.204.20
27.0921.00
Singtel Dash
Firm type: Money Transfer Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
7.505.81
3.28
Percentage difference between market reference rate 5.14 and exchange rate charged 4.97
3.28
4.444.44
28.6422.20
Zhongguo Remittance
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
18.0013.95
2.70
Percentage difference between market reference rate 5.14 and exchange rate charged 5.00
2.70
5.495.49
35.4127.45
Golden Dragon
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
18.0013.95
2.89
Percentage difference between market reference rate 5.14 and exchange rate charged 4.99
2.89
5.685.68
36.6428.40
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.001.55
19.72
Percentage difference between market reference rate 5.14 and exchange rate charged 4.13
19.72
20.0320.03
129.19100.15
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.
DBS Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
0.000.00
0.000.00
Total Average Third Quarter
4.644.64
Total Average Second Quarter
1.511.51
Total Average
Fee
12.549.72
Exchange Rate Margin (%)
2.702.70
Total Cost Percent (%)
4.644.64
Total Cost (SGD) Total Cost (USD)
29.9323.20
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