Remittance Prices Worldwide

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Sending money from SINGAPORE to INDIA

Data collected on: Nov 08, 2017-Nov 09, 2017
SGD | USD
Payment instrument
Access point
Sending network coverage
Receiving method
InstaReM
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.650.50
-0.08
-0.08
0.170.17
0.440.34
BOSS Mobile Money
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.502.69
-0.67
-0.67
0.680.68
1.771.36
WorldRemit
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.010.01
0.80
0.80
0.800.80
2.081.60
Prime Bank (Prime Exchange Co.)
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
0.000.00
1.05
1.05
1.051.05
2.732.10
Transferwise
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.542.72
-0.17
-0.17
1.201.20
3.122.40
Singtel Dash
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
3.502.69
0.00
0.00
1.351.35
3.512.70
Singtel Dash
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
3.502.69
0.00
0.00
1.351.35
3.512.70
RemitGuru
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.001.54
0.61
0.61
1.381.38
3.592.76
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
5.003.85
-0.02
-0.02
1.901.90
4.943.80
M1 Remit
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
5.003.85
0.53
0.53
2.452.45
6.374.90
State Bank of India
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
5.003.85
1.07
1.07
3.003.00
7.806.00
Ameer Tech Remittance
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
8.006.15
0.32
0.32
3.393.39
8.816.78
Bank of India
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
5.003.85
1.58
1.58
3.503.50
9.107.00
Indian Overseas Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
7.005.38
1.83
1.83
4.524.52
11.759.04
Indian Overseas Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
10.007.69
1.83
1.83
5.675.67
14.7411.34
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
9.006.92
3.78
3.78
7.247.24
18.8214.48
This RSP requires the customer to become an account holder in order to obtain its exchange rate into the receiving currency; therefore this information could not be collected and is not displayed here.
Singtel Dash
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
3.502.69
0.00
0.00
1.351.35
3.512.70
Total Average Fourth Quarter 2017
2.412.41
Total Average Third Quarter 2017
2.482.48
Total Average
Fee
4.363.36
Exchange Rate Margin (%)
0.730.73
Total Cost Percent (%)
2.412.41
Total Cost (SGD) Total Cost (USD)
6.274.82
Non-Transparent records
Bank account transfer Debit/credit card Mobile money Cash
Less than one hour Same day Next day 2 days
Bank account Bank account (same/partner bank) Cash
Payment instrument
Access point
Sending network coverage
Receiving method
BOSS Mobile Money
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.502.71
-0.67
-0.67
-0.13-0.13
-0.84-0.65
InstaReM
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.631.26
-0.08
-0.08
0.170.17
1.100.85
Singtel Dash
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
3.502.71
0.00
0.00
0.540.54
3.482.70
Singtel Dash
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
3.502.71
0.00
0.00
0.540.54
3.482.70
Transferwise
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.864.54
-0.17
-0.17
0.740.74
4.773.70
WorldRemit
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.010.01
0.80
0.80
0.800.80
5.164.00
RemitGuru
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.001.55
0.61
0.61
0.920.92
5.934.60
Prime Bank (Prime Exchange Co.)
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
0.000.00
1.05
1.05
1.051.05
6.775.25
M1 Remit
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
5.003.88
0.53
0.53
1.301.30
8.396.50
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
9.006.98
-0.02
-0.02
1.381.38
8.906.90
Ameer Tech Remittance
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
8.006.20
0.32
0.32
1.561.56
10.067.80
State Bank of India
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
5.003.88
1.07
1.07
1.851.85
11.939.25
Bank of India
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
5.003.88
1.58
1.58
2.352.35
15.1611.75
Indian Overseas Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
7.005.43
1.83
1.83
2.912.91
18.7714.55
Indian Overseas Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
10.007.75
1.83
1.83
3.383.38
21.8016.90
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.0011.63
3.78
3.78
6.106.10
39.3530.50
This RSP requires the customer to become an account holder in order to obtain its exchange rate into the receiving currency; therefore this information could not be collected and is not displayed here.
Singtel Dash
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
3.502.71
0.00
0.00
0.540.54
3.482.70
Total Average Fourth Quarter 2017
1.531.53
Total Average Third Quarter 2017
1.571.57
Total Average
Fee
5.153.99
Exchange Rate Margin (%)
0.730.73
Total Cost Percent (%)
1.531.53
Total Cost (SGD) Total Cost (USD)
9.867.65
Non-Transparent records
Bank account transfer Debit/credit card Mobile money Cash
Less than one hour Same day Next day 2 days
Bank account Bank account (same/partner bank) Cash