Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From SGSingapore you can also send money to

Sending money from SINGAPORE to SRI LANKA

Data collected on: May 12, 2020
SGD | USD
Payment instrument
Access point
Sending network coverage
Receiving method
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.650.50
0.11
Percentage difference between market reference rate 132.93 and exchange rate charged 132.78
0.11
0.360.36
0.940.72
Transferwise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.492.68
-0.01
Percentage difference between market reference rate 132.93 and exchange rate charged 132.94
-0.01
1.331.33
3.462.66
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.002.31
0.63
Percentage difference between market reference rate 132.93 and exchange rate charged 132.09
0.63
1.791.79
4.653.58
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.002.31
0.94
Percentage difference between market reference rate 132.93 and exchange rate charged 131.68
0.94
2.092.09
5.434.18
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
5.003.85
0.89
Percentage difference between market reference rate 132.93 and exchange rate charged 131.75
0.89
2.812.81
7.315.62
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.003.85
0.89
Percentage difference between market reference rate 132.93 and exchange rate charged 131.75
0.89
2.812.81
7.315.62
M1 Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.003.08
1.30
Percentage difference between market reference rate 132.93 and exchange rate charged 131.20
1.30
2.842.84
7.385.68
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
2.93
Percentage difference between market reference rate 132.93 and exchange rate charged 129.04
2.93
2.932.93
7.625.86
Sir Money Changer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
Medium
5.003.85
1.04
Percentage difference between market reference rate 132.93 and exchange rate charged 131.55
1.04
2.962.96
7.705.92
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
3.01
Percentage difference between market reference rate 132.93 and exchange rate charged 128.93
3.01
3.013.01
7.836.02
Ameer Tech Remittance (MoneyGram)
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
7.005.38
0.89
Percentage difference between market reference rate 132.93 and exchange rate charged 131.75
0.89
3.583.58
9.317.16
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.003.85
1.88
Percentage difference between market reference rate 132.93 and exchange rate charged 130.43
1.88
3.803.80
9.887.60
Ameer Tech Remittance (MoneyGram)
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
8.006.15
0.89
Percentage difference between market reference rate 132.93 and exchange rate charged 131.75
0.89
3.963.96
10.307.92
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
5.02
Percentage difference between market reference rate 132.93 and exchange rate charged 126.26
5.02
5.025.02
13.0510.04
Total Average Second Quarter
2.812.81
Total Average First Quarter
2.762.76
Total Average
Fee
3.512.70
Exchange Rate Margin (%)
1.461.46
Total Cost Percent (%)
2.812.81
Total Cost (SGD) Total Cost (USD)
7.305.61
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.611.25
0.11
Percentage difference between market reference rate 132.93 and exchange rate charged 132.78
0.11
0.360.36
2.321.80
Transferwise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
6.585.10
-0.01
Percentage difference between market reference rate 132.93 and exchange rate charged 132.94
-0.01
1.011.01
6.515.05
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.002.33
0.63
Percentage difference between market reference rate 132.93 and exchange rate charged 132.09
0.63
1.101.10
7.105.50
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.002.33
0.94
Percentage difference between market reference rate 132.93 and exchange rate charged 131.68
0.94
1.401.40
9.037.00
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
5.003.88
0.89
Percentage difference between market reference rate 132.93 and exchange rate charged 131.75
0.89
1.661.66
10.718.30
M1 Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.003.10
1.30
Percentage difference between market reference rate 132.93 and exchange rate charged 131.20
1.30
1.921.92
12.389.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.005.43
0.89
Percentage difference between market reference rate 132.93 and exchange rate charged 131.75
0.89
1.971.97
12.719.85
Ameer Tech Remittance (MoneyGram)
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
7.005.43
0.89
Percentage difference between market reference rate 132.93 and exchange rate charged 131.75
0.89
1.971.97
12.719.85
Sir Money Changer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
Medium
7.005.43
1.04
Percentage difference between market reference rate 132.93 and exchange rate charged 131.55
1.04
2.122.12
13.6710.60
Ameer Tech Remittance (MoneyGram)
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
8.006.20
0.89
Percentage difference between market reference rate 132.93 and exchange rate charged 131.75
0.89
2.132.13
13.7410.65
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.003.88
1.88
Percentage difference between market reference rate 132.93 and exchange rate charged 130.43
1.88
2.662.66
17.1613.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
2.93
Percentage difference between market reference rate 132.93 and exchange rate charged 129.04
2.93
2.932.93
18.9014.65
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
3.01
Percentage difference between market reference rate 132.93 and exchange rate charged 128.93
3.01
3.013.01
19.4115.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
5.02
Percentage difference between market reference rate 132.93 and exchange rate charged 126.26
5.02
5.025.02
32.3825.10
Total Average Second Quarter
2.092.09
Total Average First Quarter
1.881.88
Total Average
Fee
4.093.17
Exchange Rate Margin (%)
1.461.46
Total Cost Percent (%)
2.092.09
Total Cost (SGD) Total Cost (USD)
13.4810.45
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash