Remittance Prices Worldwide

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Sending money from UNITED STATES to INDIA

Data collected on: May 12, 2020
Payment instrument
Access point
Sending network coverage
Receiving method
Citibank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
0.000.00
0.000.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.17
Percentage difference between market reference rate 76.02 and exchange rate charged 75.89
0.17
0.170.17
0.340.34
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.001.00
0.68
Percentage difference between market reference rate 76.02 and exchange rate charged 75.50
0.68
1.181.18
2.362.36
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.27
Percentage difference between market reference rate 76.02 and exchange rate charged 75.06
1.27
1.271.27
2.542.54
Kotak Click2Remit
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.31
Percentage difference between market reference rate 76.02 and exchange rate charged 75.02
1.31
1.311.31
2.622.62
Wells Fargo
Firm type: Bank
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
0.000.00
1.41
Percentage difference between market reference rate 76.02 and exchange rate charged 74.95
1.41
1.411.41
2.822.82
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.992.99
0.17
Percentage difference between market reference rate 76.02 and exchange rate charged 75.89
0.17
1.661.66
3.323.32
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.003.00
0.68
Percentage difference between market reference rate 76.02 and exchange rate charged 75.50
0.68
2.182.18
4.364.36
Remit2India
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.992.99
0.95
Percentage difference between market reference rate 76.02 and exchange rate charged 75.30
0.95
2.442.44
4.884.88
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.004.00
0.68
Percentage difference between market reference rate 76.02 and exchange rate charged 75.50
0.68
2.682.68
5.365.36
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
4.004.00
0.68
Percentage difference between market reference rate 76.02 and exchange rate charged 75.50
0.68
2.682.68
5.365.36
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
High
Receiving method
High
2.992.99
1.27
Percentage difference between market reference rate 76.02 and exchange rate charged 75.06
1.27
2.762.76
5.525.52
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.992.99
1.34
Percentage difference between market reference rate 76.02 and exchange rate charged 75.00
1.34
2.842.84
5.685.68
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
1.17
Percentage difference between market reference rate 76.02 and exchange rate charged 75.13
1.17
3.663.66
7.327.32
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
1.17
Percentage difference between market reference rate 76.02 and exchange rate charged 75.13
1.17
3.663.66
7.327.32
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.993.99
1.84
Percentage difference between market reference rate 76.02 and exchange rate charged 74.62
1.84
3.843.84
7.687.68
money2India (ICICI Bank)
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.004.00
1.85
Percentage difference between market reference rate 76.02 and exchange rate charged 74.61
1.85
3.853.85
7.707.70
Pangea
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.955.95
0.93
Percentage difference between market reference rate 76.02 and exchange rate charged 75.31
0.93
3.913.91
7.827.82
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
7.007.00
0.42
Percentage difference between market reference rate 76.02 and exchange rate charged 75.70
0.42
3.923.92
7.847.84
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.992.99
2.50
Percentage difference between market reference rate 76.02 and exchange rate charged 74.12
2.50
3.993.99
7.987.98
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
6.496.49
1.34
Percentage difference between market reference rate 76.02 and exchange rate charged 75.00
1.34
4.594.59
9.189.18
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
7.007.00
1.72
Percentage difference between market reference rate 76.02 and exchange rate charged 74.71
1.72
5.225.22
10.4410.44
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
3.02
Percentage difference between market reference rate 76.02 and exchange rate charged 73.73
3.02
5.525.52
11.0411.04
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
3.02
Percentage difference between market reference rate 76.02 and exchange rate charged 73.73
3.02
5.525.52
11.0411.04
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
11.0011.00
0.42
Percentage difference between market reference rate 76.02 and exchange rate charged 75.70
0.42
5.925.92
11.8411.84
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
7.007.00
2.52
Percentage difference between market reference rate 76.02 and exchange rate charged 74.10
2.52
6.026.02
12.0412.04
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
11.0011.00
0.66
Percentage difference between market reference rate 76.02 and exchange rate charged 75.52
0.66
6.166.16
12.3212.32
Total Average Second Quarter
3.273.27
Total Average First Quarter
2.922.92
Total Average
Fee
4.094.09
Exchange Rate Margin (%)
1.231.23
Total Cost Percent (%)
3.273.27
Total Cost (USD) Total Cost (USD)
6.556.55
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
Citibank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
0.000.00
0.000.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.17
Percentage difference between market reference rate 76.02 and exchange rate charged 75.89
0.17
0.170.17
0.850.85
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.992.99
0.17
Percentage difference between market reference rate 76.02 and exchange rate charged 75.89
0.17
0.770.77
3.853.85
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.001.00
0.68
Percentage difference between market reference rate 76.02 and exchange rate charged 75.50
0.68
0.880.88
4.404.40
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.27
Percentage difference between market reference rate 76.02 and exchange rate charged 75.06
1.27
1.271.27
6.356.35
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.003.00
0.68
Percentage difference between market reference rate 76.02 and exchange rate charged 75.50
0.68
1.281.28
6.406.40
Kotak Click2Remit
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.31
Percentage difference between market reference rate 76.02 and exchange rate charged 75.02
1.31
1.311.31
6.556.55
Wells Fargo
Firm type: Bank
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
0.000.00
1.41
Percentage difference between market reference rate 76.02 and exchange rate charged 74.95
1.41
1.411.41
7.057.05
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
4.004.00
0.68
Percentage difference between market reference rate 76.02 and exchange rate charged 75.50
0.68
1.481.48
7.407.40
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.004.00
0.68
Percentage difference between market reference rate 76.02 and exchange rate charged 75.50
0.68
1.481.48
7.407.40
Remit2India
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
2.992.99
0.95
Percentage difference between market reference rate 76.02 and exchange rate charged 75.30
0.95
1.551.55
7.757.75
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
7.007.00
0.42
Percentage difference between market reference rate 76.02 and exchange rate charged 75.70
0.42
1.821.82
9.109.10
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
High
Receiving method
High
2.992.99
1.27
Percentage difference between market reference rate 76.02 and exchange rate charged 75.06
1.27
1.861.86
9.309.30
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.992.99
1.34
Percentage difference between market reference rate 76.02 and exchange rate charged 75.00
1.34
1.941.94
9.709.70
Pangea
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.955.95
0.93
Percentage difference between market reference rate 76.02 and exchange rate charged 75.31
0.93
2.122.12
10.6010.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
4.994.99
1.17
Percentage difference between market reference rate 76.02 and exchange rate charged 75.13
1.17
2.162.16
10.8010.80
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
11.0011.00
0.42
Percentage difference between market reference rate 76.02 and exchange rate charged 75.70
0.42
2.622.62
13.1013.10
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.993.99
1.84
Percentage difference between market reference rate 76.02 and exchange rate charged 74.62
1.84
2.642.64
13.2013.20
money2India (ICICI Bank)
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
4.004.00
1.85
Percentage difference between market reference rate 76.02 and exchange rate charged 74.61
1.85
2.652.65
13.2513.25
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
11.0011.00
0.66
Percentage difference between market reference rate 76.02 and exchange rate charged 75.52
0.66
2.862.86
14.3014.30
Walmart2World
Firm type: Bank
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
7.007.00
1.72
Percentage difference between market reference rate 76.02 and exchange rate charged 74.71
1.72
3.123.12
15.6015.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
9.999.99
1.17
Percentage difference between market reference rate 76.02 and exchange rate charged 75.13
1.17
3.163.16
15.8015.80
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
3.993.99
2.50
Percentage difference between market reference rate 76.02 and exchange rate charged 74.12
2.50
3.303.30
16.5016.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
5.005.00
2.89
Percentage difference between market reference rate 76.02 and exchange rate charged 73.82
2.89
3.893.89
19.4519.45
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
9.009.00
2.42
Percentage difference between market reference rate 76.02 and exchange rate charged 74.18
2.42
4.224.22
21.1021.10
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
7.007.00
2.89
Percentage difference between market reference rate 76.02 and exchange rate charged 73.82
2.89
4.294.29
21.4521.45
Xoom
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
15.4915.49
1.34
Percentage difference between market reference rate 76.02 and exchange rate charged 75.00
1.34
4.444.44
22.2022.20
Total Average Second Quarter
2.172.17
Total Average First Quarter
1.881.88
Total Average
Fee
4.794.79
Exchange Rate Margin (%)
1.221.22
Total Cost Percent (%)
2.172.17
Total Cost (USD) Total Cost (USD)
10.8710.87
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