Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From SGSingapore you can also send money to

Sending money from SINGAPORE to PAKISTAN

Data collected on: Mar 26, 2021
SGD | 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 (SGD)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
3.282.52
0.07
Percentage difference between market reference rate 114.85 and exchange rate charged 114.76
0.07
1.341.34
3.482.68
M1 Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.006.15
0.17
Percentage difference between market reference rate 114.85 and exchange rate charged 114.65
0.17
3.253.25
8.456.50
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.003.85
1.65
Percentage difference between market reference rate 114.85 and exchange rate charged 112.95
1.65
3.573.57
9.287.14
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.993.84
0.96
Percentage difference between market reference rate 114.85 and exchange rate charged 113.75
0.96
2.872.87
7.465.74
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
1.991.53
2.96
Percentage difference between market reference rate 114.85 and exchange rate charged 111.45
2.96
3.723.72
9.677.44
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.003.08
9.56
Percentage difference between market reference rate 114.85 and exchange rate charged 103.87
9.56
11.1011.10
28.8622.20
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.002.31
9.77
Percentage difference between market reference rate 114.85 and exchange rate charged 103.63
9.77
10.9210.92
28.3921.84
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
4.97
Percentage difference between market reference rate 114.85 and exchange rate charged 109.14
4.97
4.974.97
12.929.94
Total Average First Quarter
5.225.22
Total Average Fourth Quarter 2020
3.903.90
Total Average
Fee
3.782.91
Exchange Rate Margin (%)
3.763.76
Total Cost Percent (%)
5.225.22
Total Cost (SGD) Total Cost (USD)
13.5610.43
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 2 days
Bank account Cash
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
4.97
Percentage difference between market reference rate 114.85 and exchange rate charged 109.14
4.97
4.974.97
32.0624.85
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
1.991.54
2.96
Percentage difference between market reference rate 114.85 and exchange rate charged 111.45
2.96
3.263.26
21.0316.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.003.10
9.77
Percentage difference between market reference rate 114.85 and exchange rate charged 103.63
9.77
10.3910.39
67.0251.95
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.993.87
0.96
Percentage difference between market reference rate 114.85 and exchange rate charged 113.75
0.96
1.731.73
11.168.65
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
6.004.65
9.56
Percentage difference between market reference rate 114.85 and exchange rate charged 103.87
9.56
10.4910.49
67.6652.45
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Low
6.344.91
0.07
Percentage difference between market reference rate 114.85 and exchange rate charged 114.76
0.07
1.061.06
6.845.30
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.005.43
1.65
Percentage difference between market reference rate 114.85 and exchange rate charged 112.95
1.65
2.742.74
17.6713.70
M1 Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
8.006.20
0.17
Percentage difference between market reference rate 114.85 and exchange rate charged 114.65
0.17
1.411.41
9.097.05
Total Average First Quarter
4.514.51
Total Average Fourth Quarter 2020
3.403.40
Total Average
Fee
4.793.71
Exchange Rate Margin (%)
3.763.76
Total Cost Percent (%)
4.514.51
Total Cost (SGD) Total Cost (USD)
29.0722.53
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 2 days
Bank account Cash