Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From GBUnited Kingdom you can also send money to

Sending money from UNITED KINGDOM to INDIA

Data collected on: Oct 29, 2020
GBP | 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 (GBP)sort descendingTotal cost (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Kotak Click2Remit
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
-1.63
Percentage difference between market reference rate 96.50 and exchange rate charged 98.07
-1.63
-1.63-1.63
-1.96-3.27
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.50
Percentage difference between market reference rate 96.50 and exchange rate charged 96.01
0.50
0.500.50
0.601.00
RemitGuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.97
Percentage difference between market reference rate 96.50 and exchange rate charged 95.56
0.97
0.970.97
1.161.93
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.22
Percentage difference between market reference rate 96.50 and exchange rate charged 95.32
1.22
1.221.22
1.462.43
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.001.67
0.68
Percentage difference between market reference rate 96.50 and exchange rate charged 95.84
0.68
1.511.51
1.813.02
Remit2India
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
1.52
Percentage difference between market reference rate 96.50 and exchange rate charged 95.03
1.52
1.521.52
1.823.03
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.993.32
-0.12
Percentage difference between market reference rate 96.50 and exchange rate charged 96.61
-0.12
1.541.54
1.853.08
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.492.48
0.75
Percentage difference between market reference rate 96.50 and exchange rate charged 95.77
0.75
1.991.99
2.393.98
Xendpay
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.10
Percentage difference between market reference rate 96.50 and exchange rate charged 94.47
2.10
2.102.10
2.524.20
Orbit Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.003.33
0.57
Percentage difference between market reference rate 96.50 and exchange rate charged 95.95
0.57
2.232.23
2.684.47
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
2.003.33
0.68
Percentage difference between market reference rate 96.50 and exchange rate charged 95.84
0.68
2.352.35
2.824.70
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.504.17
0.31
Percentage difference between market reference rate 96.50 and exchange rate charged 96.20
0.31
2.392.39
2.874.78
Lyca Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.504.17
0.51
Percentage difference between market reference rate 96.50 and exchange rate charged 96.00
0.51
2.602.60
3.125.20
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.492.48
1.44
Percentage difference between market reference rate 96.50 and exchange rate charged 95.11
1.44
2.682.68
3.225.37
Punjab National Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.69
Percentage difference between market reference rate 96.50 and exchange rate charged 93.90
2.69
2.692.69
3.235.38
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.903.17
1.19
Percentage difference between market reference rate 96.50 and exchange rate charged 95.35
1.19
2.772.77
3.325.53
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.903.17
1.25
Percentage difference between market reference rate 96.50 and exchange rate charged 95.29
1.25
2.832.83
3.405.67
State Bank of India
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
3.47
Percentage difference between market reference rate 96.50 and exchange rate charged 93.15
3.47
3.473.47
4.166.93
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.903.17
2.01
Percentage difference between market reference rate 96.50 and exchange rate charged 94.56
2.01
3.593.59
4.317.18
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.903.17
2.16
Percentage difference between market reference rate 96.50 and exchange rate charged 94.41
2.16
3.743.74
4.497.48
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.998.32
-0.28
Percentage difference between market reference rate 96.50 and exchange rate charged 96.76
-0.28
3.883.88
4.667.77
BFC Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
3.505.83
1.24
Percentage difference between market reference rate 96.50 and exchange rate charged 95.30
1.24
4.164.16
4.998.32
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.008.33
0.33
Percentage difference between market reference rate 96.50 and exchange rate charged 96.18
0.33
4.494.49
5.398.98
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
1.32
Percentage difference between market reference rate 96.50 and exchange rate charged 95.22
1.32
4.654.65
5.589.30
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
5.008.33
0.68
Percentage difference between market reference rate 96.50 and exchange rate charged 95.84
0.68
4.854.85
5.829.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.906.50
2.01
Percentage difference between market reference rate 96.50 and exchange rate charged 94.56
2.01
5.265.26
6.3110.52
BFC Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
5.258.75
1.60
Percentage difference between market reference rate 96.50 and exchange rate charged 94.95
1.60
5.985.98
7.1811.97
Punjab National Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.008.33
2.69
Percentage difference between market reference rate 96.50 and exchange rate charged 93.90
2.69
6.866.86
8.2313.72
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
20.0033.33
2.43
Percentage difference between market reference rate 96.50 and exchange rate charged 94.15
2.43
19.1019.10
22.9238.20
Total Average Fourth Quarter 2020
3.463.46
Total Average Third Quarter 2020
2.922.92
Total Average
Fee
2.734.55
Exchange Rate Margin (%)
1.181.18
Total Cost Percent (%)
3.463.46
Total Cost (GBP) Total Cost (USD)
4.156.92
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 Own/partner bank account
Payment instrument
Access point
Sending network coverage
Receiving method
Kotak Click2Remit
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
-1.63
Percentage difference between market reference rate 96.50 and exchange rate charged 98.07
-1.63
-1.63-1.63
-4.89-8.15
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.50
Percentage difference between market reference rate 96.50 and exchange rate charged 96.01
0.50
0.500.50
1.502.50
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.993.32
-0.12
Percentage difference between market reference rate 96.50 and exchange rate charged 96.61
-0.12
0.540.54
1.622.70
RemitGuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.97
Percentage difference between market reference rate 96.50 and exchange rate charged 95.56
0.97
0.970.97
2.914.85
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.001.67
0.68
Percentage difference between market reference rate 96.50 and exchange rate charged 95.84
0.68
1.011.01
3.035.05
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.504.17
0.31
Percentage difference between market reference rate 96.50 and exchange rate charged 96.20
0.31
1.141.14
3.425.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.22
Percentage difference between market reference rate 96.50 and exchange rate charged 95.32
1.22
1.221.22
3.666.10
Orbit Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.003.33
0.57
Percentage difference between market reference rate 96.50 and exchange rate charged 95.95
0.57
1.231.23
3.696.15
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.492.48
0.75
Percentage difference between market reference rate 96.50 and exchange rate charged 95.77
0.75
1.251.25
3.756.25
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
2.003.33
0.68
Percentage difference between market reference rate 96.50 and exchange rate charged 95.84
0.68
1.351.35
4.056.75
Lyca Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.504.17
0.51
Percentage difference between market reference rate 96.50 and exchange rate charged 96.00
0.51
1.351.35
4.056.75
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.998.32
-0.28
Percentage difference between market reference rate 96.50 and exchange rate charged 96.76
-0.28
1.391.39
4.176.95
Remit2India
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
1.52
Percentage difference between market reference rate 96.50 and exchange rate charged 95.03
1.52
1.521.52
4.567.60
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.903.17
1.19
Percentage difference between market reference rate 96.50 and exchange rate charged 95.35
1.19
1.821.82
5.469.10
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.903.17
1.25
Percentage difference between market reference rate 96.50 and exchange rate charged 95.29
1.25
1.881.88
5.649.40
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.492.48
1.44
Percentage difference between market reference rate 96.50 and exchange rate charged 95.11
1.44
1.931.93
5.799.65
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.008.33
0.33
Percentage difference between market reference rate 96.50 and exchange rate charged 96.18
0.33
1.991.99
5.979.95
Xendpay
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.10
Percentage difference between market reference rate 96.50 and exchange rate charged 94.47
2.10
2.102.10
6.3010.50
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
5.008.33
0.68
Percentage difference between market reference rate 96.50 and exchange rate charged 95.84
0.68
2.352.35
7.0511.75
BFC Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
3.505.83
1.24
Percentage difference between market reference rate 96.50 and exchange rate charged 95.30
1.24
2.412.41
7.2312.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.903.17
2.01
Percentage difference between market reference rate 96.50 and exchange rate charged 94.56
2.01
2.642.64
7.9213.20
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
1.32
Percentage difference between market reference rate 96.50 and exchange rate charged 95.22
1.32
2.652.65
7.9513.25
Punjab National Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.69
Percentage difference between market reference rate 96.50 and exchange rate charged 93.90
2.69
2.692.69
8.0713.45
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.903.17
2.16
Percentage difference between market reference rate 96.50 and exchange rate charged 94.41
2.16
2.792.79
8.3713.95
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.906.50
2.01
Percentage difference between market reference rate 96.50 and exchange rate charged 94.56
2.01
3.313.31
9.9316.55
BFC Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
5.258.75
1.60
Percentage difference between market reference rate 96.50 and exchange rate charged 94.95
1.60
3.353.35
10.0516.75
State Bank of India
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
3.47
Percentage difference between market reference rate 96.50 and exchange rate charged 93.15
3.47
3.473.47
10.4117.35
Punjab National Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.008.33
2.69
Percentage difference between market reference rate 96.50 and exchange rate charged 93.90
2.69
4.364.36
13.0821.80
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
20.0033.33
2.43
Percentage difference between market reference rate 96.50 and exchange rate charged 94.15
2.43
9.109.10
27.3045.50
Total Average Fourth Quarter 2020
2.092.09
Total Average Third Quarter 2020
1.641.64
Total Average
Fee
2.734.55
Exchange Rate Margin (%)
1.181.18
Total Cost Percent (%)
2.092.09
Total Cost (GBP) Total Cost (USD)
6.2810.46
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 Own/partner bank account