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: Mar 24, 2021
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 ascendingTotal cost (USD)sort ascending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
State Bank of India
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
20.0033.33
0.55
Percentage difference between market reference rate 99.53 and exchange rate charged 98.99
0.55
17.2117.21
20.6534.42
Punjab National Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.008.33
2.70
Percentage difference between market reference rate 99.53 and exchange rate charged 96.85
2.70
6.866.86
8.2313.72
BFC Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
5.258.75
0.69
Percentage difference between market reference rate 99.53 and exchange rate charged 98.85
0.69
5.065.06
6.0710.12
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.008.33
0.41
Percentage difference between market reference rate 99.53 and exchange rate charged 99.13
0.41
4.574.57
5.489.13
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
1.21
Percentage difference between market reference rate 99.53 and exchange rate charged 98.33
1.21
4.534.53
5.449.07
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
5.008.33
0.24
Percentage difference between market reference rate 99.53 and exchange rate charged 99.30
0.24
4.404.40
5.288.80
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.998.32
0.01
Percentage difference between market reference rate 99.53 and exchange rate charged 99.53
0.01
4.164.16
4.998.32
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.906.50
0.47
Percentage difference between market reference rate 99.53 and exchange rate charged 99.07
0.47
3.723.72
4.467.43
BFC Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
3.505.83
0.44
Percentage difference between market reference rate 99.53 and exchange rate charged 99.10
0.44
3.353.35
4.026.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.903.17
1.22
Percentage difference between market reference rate 99.53 and exchange rate charged 98.32
1.22
2.802.80
3.365.60
Punjab National Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.70
Percentage difference between market reference rate 99.53 and exchange rate charged 96.85
2.70
2.702.70
3.245.40
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.903.17
1.07
Percentage difference between market reference rate 99.53 and exchange rate charged 98.47
1.07
2.652.65
3.185.30
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.504.17
0.35
Percentage difference between market reference rate 99.53 and exchange rate charged 99.19
0.35
2.432.43
2.924.87
Lyca Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.504.17
0.24
Percentage difference between market reference rate 99.53 and exchange rate charged 99.30
0.24
2.322.32
2.784.63
Orbit Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.003.33
0.54
Percentage difference between market reference rate 99.53 and exchange rate charged 99.00
0.54
2.212.21
2.654.42
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.903.17
0.53
Percentage difference between market reference rate 99.53 and exchange rate charged 99.00
0.53
2.122.12
2.544.23
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.993.32
0.44
Percentage difference between market reference rate 99.53 and exchange rate charged 99.10
0.44
2.102.10
2.524.20
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.903.17
0.52
Percentage difference between market reference rate 99.53 and exchange rate charged 99.02
0.52
2.102.10
2.524.20
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.492.48
0.78
Percentage difference between market reference rate 99.53 and exchange rate charged 98.75
0.78
2.032.03
2.444.07
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.492.48
0.77
Percentage difference between market reference rate 99.53 and exchange rate charged 98.76
0.77
2.022.02
2.424.03
State Bank of India
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.55
Percentage difference between market reference rate 99.53 and exchange rate charged 97.99
1.55
1.551.55
1.863.10
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.001.67
0.15
Percentage difference between market reference rate 99.53 and exchange rate charged 99.39
0.15
0.980.98
1.181.97
Kotak Click2Remit
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.82
Percentage difference between market reference rate 99.53 and exchange rate charged 98.71
0.82
0.820.82
0.981.63
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
0.781.30
0.14
Percentage difference between market reference rate 99.53 and exchange rate charged 99.40
0.14
0.790.79
0.951.58
RemitGuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.75
Percentage difference between market reference rate 99.53 and exchange rate charged 98.79
0.75
0.750.75
0.901.50
Remit2India
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
0.59
Percentage difference between market reference rate 99.53 and exchange rate charged 98.95
0.59
0.590.59
0.711.18
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.45
Percentage difference between market reference rate 99.53 and exchange rate charged 99.09
0.45
0.450.45
0.540.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.27
Percentage difference between market reference rate 99.53 and exchange rate charged 99.26
0.27
0.270.27
0.320.53
Xendpay
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.05
Percentage difference between market reference rate 99.53 and exchange rate charged 99.49
0.05
0.050.05
0.060.10
Total Average First Quarter
2.952.95
Total Average Fourth Quarter 2020
3.463.46
Total Average
Fee
2.694.48
Exchange Rate Margin (%)
0.710.71
Total Cost Percent (%)
2.952.95
Total Cost (GBP) Total Cost (USD)
3.545.90
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
Xendpay
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.05
Percentage difference between market reference rate 99.53 and exchange rate charged 99.49
0.05
0.050.05
0.150.25
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.27
Percentage difference between market reference rate 99.53 and exchange rate charged 99.26
0.27
0.270.27
0.811.35
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.45
Percentage difference between market reference rate 99.53 and exchange rate charged 99.09
0.45
0.450.45
1.352.25
Remit2India
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.000.00
0.59
Percentage difference between market reference rate 99.53 and exchange rate charged 98.95
0.59
0.590.59
1.772.95
RemitGuru
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.75
Percentage difference between market reference rate 99.53 and exchange rate charged 98.79
0.75
0.750.75
2.253.75
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
1.953.25
0.14
Percentage difference between market reference rate 99.53 and exchange rate charged 99.40
0.14
0.790.79
2.373.95
Kotak Click2Remit
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.82
Percentage difference between market reference rate 99.53 and exchange rate charged 98.71
0.82
0.820.82
2.464.10
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.001.67
0.15
Percentage difference between market reference rate 99.53 and exchange rate charged 99.39
0.15
0.480.48
1.442.40
State Bank of India
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.55
Percentage difference between market reference rate 99.53 and exchange rate charged 97.99
1.55
1.551.55
4.657.75
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.492.48
0.77
Percentage difference between market reference rate 99.53 and exchange rate charged 98.76
0.77
1.271.27
3.816.35
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.492.48
0.78
Percentage difference between market reference rate 99.53 and exchange rate charged 98.75
0.78
1.281.28
3.846.40
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.903.17
0.52
Percentage difference between market reference rate 99.53 and exchange rate charged 99.02
0.52
1.151.15
3.455.75
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.993.32
0.44
Percentage difference between market reference rate 99.53 and exchange rate charged 99.10
0.44
1.101.10
3.305.50
Small World
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.903.17
0.53
Percentage difference between market reference rate 99.53 and exchange rate charged 99.00
0.53
1.171.17
3.515.85
Orbit Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.003.33
0.54
Percentage difference between market reference rate 99.53 and exchange rate charged 99.00
0.54
1.211.21
3.636.05
Lyca Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
2.504.17
0.24
Percentage difference between market reference rate 99.53 and exchange rate charged 99.30
0.24
1.071.07
3.215.35
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.005.00
0.35
Percentage difference between market reference rate 99.53 and exchange rate charged 99.19
0.35
1.351.35
4.056.75
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.903.17
1.07
Percentage difference between market reference rate 99.53 and exchange rate charged 98.47
1.07
1.701.70
5.108.50
Punjab National Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.70
Percentage difference between market reference rate 99.53 and exchange rate charged 96.85
2.70
2.702.70
8.1013.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.903.17
1.22
Percentage difference between market reference rate 99.53 and exchange rate charged 98.32
1.22
1.851.85
5.559.25
BFC Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
3.505.83
0.44
Percentage difference between market reference rate 99.53 and exchange rate charged 99.10
0.44
1.601.60
4.808.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.906.50
0.47
Percentage difference between market reference rate 99.53 and exchange rate charged 99.07
0.47
1.771.77
5.318.85
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.998.32
0.01
Percentage difference between market reference rate 99.53 and exchange rate charged 99.53
0.01
1.671.67
5.018.35
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
5.008.33
0.24
Percentage difference between market reference rate 99.53 and exchange rate charged 99.30
0.24
1.901.90
5.709.50
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.996.65
1.21
Percentage difference between market reference rate 99.53 and exchange rate charged 98.33
1.21
2.542.54
7.6212.70
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.008.33
0.41
Percentage difference between market reference rate 99.53 and exchange rate charged 99.13
0.41
2.072.07
6.2110.35
BFC Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
5.258.75
0.69
Percentage difference between market reference rate 99.53 and exchange rate charged 98.85
0.69
2.442.44
7.3212.20
Punjab National Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5.008.33
2.70
Percentage difference between market reference rate 99.53 and exchange rate charged 96.85
2.70
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
0.55
Percentage difference between market reference rate 99.53 and exchange rate charged 98.99
0.55
7.217.21
21.6336.05
Total Average First Quarter
1.631.63
Total Average Fourth Quarter 2020
2.092.09
Total Average
Fee
2.754.58
Exchange Rate Margin (%)
0.710.71
Total Cost Percent (%)
1.631.63
Total Cost (GBP) Total Cost (USD)
4.888.13
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