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 26, 2021-Jun 29, 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.
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.768.28
1.24
Percentage difference between market reference rate 149.14 and exchange rate charged 147.29
1.24
5.385.38
13.9910.76
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.002.31
1.57
Percentage difference between market reference rate 150.13 and exchange rate charged 147.78
1.57
2.722.72
7.075.44
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
5.003.85
2.00
Percentage difference between market reference rate 149.84 and exchange rate charged 146.84
2.00
3.923.92
10.197.84
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
3.61
Percentage difference between market reference rate 150.13 and exchange rate charged 144.72
3.61
3.613.61
9.397.22
Sir Money Changer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
Medium
5.003.85
0.35
Percentage difference between market reference rate 149.83 and exchange rate charged 149.30
0.35
2.282.28
5.934.56
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.491.92
0.35
Percentage difference between market reference rate 148.31 and exchange rate charged 147.79
0.35
1.311.31
3.412.62
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
5.003.85
0.11
Percentage difference between market reference rate 150.11 and exchange rate charged 149.95
0.11
2.032.03
5.284.06
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.541.95
0.01
Percentage difference between market reference rate 149.27 and exchange rate charged 149.26
0.01
0.990.99
2.571.98
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
11.008.46
0.09
Percentage difference between market reference rate 150.11 and exchange rate charged 149.97
0.09
4.334.33
11.268.66
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.002.31
-0.61
Percentage difference between market reference rate 148.16 and exchange rate charged 149.07
-0.61
0.540.54
1.401.08
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.005.38
1.24
Percentage difference between market reference rate 149.14 and exchange rate charged 147.29
1.24
3.933.93
10.227.86
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
3.48
Percentage difference between market reference rate 149.88 and exchange rate charged 144.66
3.48
3.483.48
9.056.96
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
10.768.28
1.24
Percentage difference between market reference rate 149.14 and exchange rate charged 147.29
1.24
5.385.38
13.9910.76
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.003.85
0.94
Percentage difference between market reference rate 149.91 and exchange rate charged 148.50
0.94
2.862.86
7.445.72
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.002.31
-0.66
Percentage difference between market reference rate 149.21 and exchange rate charged 150.20
-0.66
0.500.50
1.301.00
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.003.85
0.95
Percentage difference between market reference rate 149.92 and exchange rate charged 148.50
0.95
2.872.87
7.465.74
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.002.31
1.24
Percentage difference between market reference rate 149.14 and exchange rate charged 147.29
1.24
2.402.40
6.244.80
SpeedSend
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
10.007.69
0.69
Percentage difference between market reference rate 147.45 and exchange rate charged 146.43
0.69
4.544.54
11.809.08
Total Average Second Quarter
2.952.95
Total Average First Quarter
2.982.98
Total Average
Fee
5.093.91
Exchange Rate Margin (%)
0.990.99
Total Cost Percent (%)
2.952.95
Total Cost (SGD) Total Cost (USD)
7.675.90
Non-Transparent records
Bank account transfer Credit Card Debit 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
3.61
Percentage difference between market reference rate 150.13 and exchange rate charged 144.72
3.61
3.613.61
23.2818.05
Sir Money Changer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
Medium
5.003.88
0.35
Percentage difference between market reference rate 149.83 and exchange rate charged 149.30
0.35
1.131.13
7.295.65
InstaReM
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.611.25
0.35
Percentage difference between market reference rate 148.31 and exchange rate charged 147.79
0.35
0.600.60
3.873.00
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
5.003.88
0.11
Percentage difference between market reference rate 150.11 and exchange rate charged 149.95
0.11
0.880.88
5.684.40
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.573.54
0.01
Percentage difference between market reference rate 149.27 and exchange rate charged 149.26
0.01
0.720.72
4.643.60
Ample Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
11.008.53
0.09
Percentage difference between market reference rate 150.11 and exchange rate charged 149.97
0.09
1.801.80
11.619.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.002.33
-0.61
Percentage difference between market reference rate 148.16 and exchange rate charged 149.07
-0.61
-0.15-0.15
-0.97-0.75
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
17.0013.18
1.24
Percentage difference between market reference rate 149.14 and exchange rate charged 147.29
1.24
3.883.88
25.0319.40
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
3.48
Percentage difference between market reference rate 149.88 and exchange rate charged 144.66
3.48
3.483.48
22.4517.40
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
20.7716.10
1.24
Percentage difference between market reference rate 149.14 and exchange rate charged 147.29
1.24
4.464.46
28.7722.30
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.003.88
0.94
Percentage difference between market reference rate 149.91 and exchange rate charged 148.50
0.94
1.711.71
11.038.55
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.002.33
-0.66
Percentage difference between market reference rate 149.21 and exchange rate charged 150.20
-0.66
-0.19-0.19
-1.23-0.95
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.003.88
0.95
Percentage difference between market reference rate 149.92 and exchange rate charged 148.50
0.95
1.721.72
11.098.60
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.002.33
1.24
Percentage difference between market reference rate 149.14 and exchange rate charged 147.29
1.24
1.711.71
11.038.55
SpeedSend
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
10.007.75
0.69
Percentage difference between market reference rate 147.45 and exchange rate charged 146.43
0.69
2.242.24
14.4511.20
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
20.7716.10
1.24
Percentage difference between market reference rate 149.14 and exchange rate charged 147.29
1.24
4.464.46
28.7722.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.003.10
1.57
Percentage difference between market reference rate 150.13 and exchange rate charged 147.78
1.57
2.192.19
14.1310.95
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
5.003.88
2.00
Percentage difference between market reference rate 149.84 and exchange rate charged 146.84
2.00
2.782.78
17.9313.90
Total Average Second Quarter
2.062.06
Total Average First Quarter
2.192.19
Total Average
Fee
6.875.33
Exchange Rate Margin (%)
0.990.99
Total Cost Percent (%)
2.062.06
Total Cost (SGD) Total Cost (USD)
13.2710.29
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days
Bank account Cash