Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

Bank account (same/partner bank)

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State Bank of India: Singapore - Sri Lanka

ID: 
620163617
Firm: 
State Bank of India
Source: 
Singapore
Destination: 
Sri Lanka
Date: 
05/12/2016
Product: 
Cash
Sending locations: 
Bank branch
Speed actual: 
Next day
Inter LCU Bank FX Rate: 
106.74
Coverage Send: 
Medium
Transparent: 
yes
Exchange Rate Information: 
Speed Information: 

Vertical Tabs

Coverage and Pickup
Coverage: 
High
Pick-up note: 
Pick-up method: 
Pick-up charge: 
no
Coverage Information: 
Other
Researchers' comments: 
Additional information: 
Standard note: 
Standard note 2: 
City: 
Agreement: 
Commission Information: 
Other services: 
pickup method new: 
Bank account (same/partner bank)

maybank2U: Singapore - Philippines

ID: 
620163596
Firm: 
maybank2U
Source: 
Singapore
Destination: 
Philippines
Date: 
05/11/2016
Product: 
Bank account transfer
Sending locations: 
Internet
Speed actual: 
Less than one hour
Inter LCU Bank FX Rate: 
34.19
Coverage Send: 
High
Transparent: 
yes
Exchange Rate Information: 
Speed Information: 

Vertical Tabs

Coverage and Pickup
Coverage: 
Low
Pick-up note: 
Pick-up method: 
Pick-up charge: 
no
Coverage Information: 
Other
Researchers' comments: 
Additional information: 
Standard note: 
Standard note 2: 
USD service
City: 
Agreement: 
Commission Information: 
Other services: 
pickup method new: 
Bank account (same/partner bank)

Maybank: Singapore - Philippines

ID: 
620163595
Firm: 
Maybank
Source: 
Singapore
Destination: 
Philippines
Date: 
05/11/2016
Product: 
Bank account transfer
Sending locations: 
Bank branch
Speed actual: 
Less than one hour
Inter LCU Bank FX Rate: 
34.19
Coverage Send: 
High
Transparent: 
yes
Exchange Rate Information: 
Speed Information: 

Vertical Tabs

Coverage and Pickup
Coverage: 
Low
Pick-up note: 
Pick-up method: 
Pick-up charge: 
no
Coverage Information: 
Other
Researchers' comments: 
Additional information: 
Standard note: 
Standard note 2: 
USD service
City: 
Agreement: 
Commission Information: 
Other services: 
pickup method new: 
Bank account (same/partner bank)

maybank2U: Singapore - Malaysia

ID: 
620163590
Firm: 
maybank2U
Source: 
Singapore
Destination: 
Malaysia
Date: 
05/12/2016
Product: 
Bank account transfer
Sending locations: 
Internet
Speed actual: 
Same day
Inter LCU Bank FX Rate: 
2.94
Coverage Send: 
High
Transparent: 
yes
Exchange Rate Information: 
Speed Information: 

Vertical Tabs

Coverage and Pickup
Coverage: 
High
Pick-up note: 
Pick-up method: 
Pick-up charge: 
no
Coverage Information: 
Other
Researchers' comments: 
Additional information: 
Standard note: 
Standard note 2: 
City: 
Agreement: 
Commission Information: 
Other services: 
pickup method new: 
Bank account (same/partner bank)

PNB (Philippines National Bank): United States - Philippines

ID: 
620163536
Firm: 
PNB (Philippines National Bank)
Source: 
United States
Destination: 
Philippines
Date: 
05/11/2016
Product: 
Bank account transfer
Sending locations: 
Internet
Speed actual: 
Next day
Inter LCU Bank FX Rate: 
1.00
Coverage Send: 
High
Transparent: 
yes
Exchange Rate Information: 
Speed Information: 

Vertical Tabs

Coverage and Pickup
Coverage: 
Low
Pick-up note: 
Pick-up method: 
Pick-up charge: 
no
Coverage Information: 
Other
Researchers' comments: 
Additional information: 
Standard note: 
USD service
Standard note 2: 
City: 
Agreement: 
Commission Information: 
Other services: 
pickup method new: 
Bank account (same/partner bank)

PakRemit: United States - Pakistan

ID: 
620163492
Firm: 
PakRemit
Source: 
United States
Destination: 
Pakistan
Date: 
05/10/2016
Product: 
Bank account transfer
Sending locations: 
Agent,
Call Center
Speed actual: 
6 days or more
Inter LCU Bank FX Rate: 
104.68
Coverage Send: 
High
Transparent: 
yes
Exchange Rate Information: 
Speed Information: 

Vertical Tabs

Coverage and Pickup
Coverage: 
Low
Pick-up note: 
Pick-up method: 
Pick-up charge: 
no
Coverage Information: 
Other
Researchers' comments: 
Additional information: 
Standard note: 
LCU service
Standard note 2: 
City: 
Agreement: 
Commission Information: 
Other services: 
pickup method new: 
Bank account (same/partner bank)

BKK Forex: Singapore - Indonesia

ID: 
620163439
Firm: 
BKK Forex
Source: 
Singapore
Destination: 
Indonesia
Date: 
05/11/2016
Product: 
Cash
Sending locations: 
Agent
Speed actual: 
Less than one hour
Inter LCU Bank FX Rate: 
9 705.47
Coverage Send: 
High
Transparent: 
yes
Exchange Rate Information: 
Speed Information: 

Vertical Tabs

Coverage and Pickup
Coverage: 
Low
Pick-up note: 
Pick-up method: 
Pick-up charge: 
no
Coverage Information: 
Other
Researchers' comments: 
Additional information: 
Standard note: 
Standard note 2: 
In this corridor all RSPs send and payout in USD. Ecuador has officially adopted the USD as its currency.
City: 
Agreement: 
Commission Information: 
Other services: 
pickup method new: 
Bank account (same/partner bank)

East West Bank: United States - China

ID: 
620163403
Firm: 
East West Bank
Source: 
United States
Destination: 
China
Date: 
05/11/2016
Product: 
Bank account transfer
Sending locations: 
Bank branch,
Call Center
Speed actual: 
3-5 days
Inter LCU Bank FX Rate: 
1.00
Coverage Send: 
High
Transparent: 
yes
Exchange Rate Information: 
Speed Information: 

Vertical Tabs

Coverage and Pickup
Coverage: 
High
Pick-up note: 
Pick-up method: 
Pick-up charge: 
no
Coverage Information: 
Other
Researchers' comments: 
Additional information: 
Standard note: 
This RSP sends and pays out in USD in this corridor. At the point of collection, the money may be converted to the local currency or paid out in USD. Remittance recipients may incur an additional cost (not shown here) if and when converting the USD to the local currency.
Standard note 2: 
City: 
Agreement: 
Commission Information: 
Other services: 
pickup method new: 
Bank account (same/partner bank)

Kabayan Remittance: Singapore - Philippines

ID: 
620163397
Firm: 
Kabayan Remittance
Source: 
Singapore
Destination: 
Philippines
Date: 
05/11/2016
Product: 
Cash
Sending locations: 
Agent
Speed actual: 
Same day
Inter LCU Bank FX Rate: 
34.19
Coverage Send: 
Low
Transparent: 
yes
Exchange Rate Information: 
Speed Information: 

Vertical Tabs

Coverage and Pickup
Coverage: 
Low
Pick-up note: 
Pick-up method: 
Pick-up charge: 
no
Coverage Information: 
Other
Researchers' comments: 
Additional information: 
Standard note: 
Standard note 2: 
City: 
Agreement: 
Commission Information: 
Other services: 
pickup method new: 
Bank account (same/partner bank)

Citibank: United States - Philippines

ID: 
620163360
Firm: 
Citibank
Source: 
United States
Destination: 
Philippines
Date: 
05/11/2016
Product: 
Bank account transfer
Sending locations: 
Internet
Speed actual: 
Less than one hour
Inter LCU Bank FX Rate: 
46.92
Coverage Send: 
High
Transparent: 
yes
Exchange Rate Information: 
Speed Information: 

Vertical Tabs

Coverage and Pickup
Coverage: 
Low
Pick-up note: 
Pick-up method: 
Pick-up charge: 
no
Coverage Information: 
Other
Researchers' comments: 
Additional information: 
Standard note: 
Standard note 2: 
City: 
Agreement: 
Commission Information: 
Other services: 
pickup method new: 
Bank account (same/partner bank)

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