Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

Bank account (same/partner bank)

Image: 

Citibank: South Korea - China

ID: 
620182460
Firm: 
Citibank
Source: 
South Korea
Destination: 
China
Date: 
05/02/2018
Product: 
Bank account transfer
Sending locations: 
Bank branch
Speed actual: 
Less than one hour
Inter LCU Bank FX Rate: 
0.00
Coverage Send: 
High
Transparent: 
yes

Vertical Tabs

Coverage and Pickup
Coverage: 
High
Pick-up charge: 
no
Other
Standard note: 
Service for members
Standard note 2: 
In this corridor all RSPs send KRW and pay out USD. Remittance recipients may incur an additional cost (not shown here) if and when converting USD to the local currency. The negative total cost does not mean that the RSP is suffering a loss in the transaction, but rather that the RSP benefits from a more favorable exchange rate.
pickup method new: 
Bank account (same/partner bank)

ICBC Korea: South Korea - China

ID: 
620182455
Firm: 
ICBC Korea
Source: 
South Korea
Destination: 
China
Date: 
05/02/2018
Product: 
Bank account transfer
Sending locations: 
Bank branch
Speed actual: 
Next day
Inter LCU Bank FX Rate: 
0.00
Coverage Send: 
Low
Transparent: 
yes

Vertical Tabs

Coverage and Pickup
Coverage: 
High
Pick-up charge: 
no
Other
Standard note: 
In this corridor all RSPs send KRW and pay out USD. Remittance recipients may incur an additional cost (not shown here) if and when converting USD to the local currency.
pickup method new: 
Bank account (same/partner bank)

Banca Intesa SanPaolo: Italy - Ukraine

ID: 
620182209
Firm: 
Banca Intesa SanPaolo
Source: 
Italy
Destination: 
Ukraine
Date: 
05/04/2018
Product: 
Bank account transfer
Sending locations: 
Bank branch
Speed actual: 
2 days
Inter LCU Bank FX Rate: 
1.00
Coverage Send: 
High
Transparent: 
no

Vertical Tabs

Coverage and Pickup
Coverage: 
High
Pick-up charge: 
no
Other
Standard note: 
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
pickup method new: 
Bank account (same/partner bank)

Banca Intesa SanPaolo: Italy - Tunisia

ID: 
620182197
Firm: 
Banca Intesa SanPaolo
Source: 
Italy
Destination: 
Tunisia
Date: 
05/04/2018
Product: 
Bank account transfer
Sending locations: 
Bank branch
Speed actual: 
3-5 days
Inter LCU Bank FX Rate: 
1.00
Coverage Send: 
High
Transparent: 
no

Vertical Tabs

Coverage and Pickup
Coverage: 
Medium
Pick-up charge: 
no
Other
Standard note: 
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
pickup method new: 
Bank account (same/partner bank)

Attijariwafa Bank: Italy - Tunisia

ID: 
620182193
Firm: 
Attijariwafa Bank
Source: 
Italy
Destination: 
Tunisia
Date: 
05/04/2018
Product: 
Bank account transfer
Sending locations: 
Bank branch
Speed actual: 
2 days
Inter LCU Bank FX Rate: 
3.00
Coverage Send: 
Low
Transparent: 
yes

Vertical Tabs

Coverage and Pickup
Coverage: 
Medium
Pick-up charge: 
no
pickup method new: 
Bank account (same/partner bank)

Banca Intesa SanPaolo: Italy - Serbia

ID: 
620182182
Firm: 
Banca Intesa SanPaolo
Source: 
Italy
Destination: 
Serbia
Date: 
05/04/2018
Product: 
Bank account transfer
Sending locations: 
Bank branch
Speed actual: 
Next day
Inter LCU Bank FX Rate: 
1.00
Coverage Send: 
High
Transparent: 
no

Vertical Tabs

Coverage and Pickup
Coverage: 
High
Pick-up charge: 
no
Other
Standard note: 
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
pickup method new: 
Bank account (same/partner bank)

Banca Monte dei Paschi di Siena: Italy - Serbia

ID: 
620182181
Firm: 
Banca Monte dei Paschi di Siena
Source: 
Italy
Destination: 
Serbia
Date: 
05/04/2018
Product: 
Bank account transfer
Sending locations: 
Bank branch
Speed actual: 
3-5 days
Inter LCU Bank FX Rate: 
1.00
Coverage Send: 
High
Transparent: 
no

Vertical Tabs

Coverage and Pickup
Coverage: 
High
Pick-up charge: 
no
Other
Standard note: 
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
pickup method new: 
Bank account (same/partner bank)

Banca Monte dei Paschi di Siena: Italy - Senegal

ID: 
620182164
Firm: 
Banca Monte dei Paschi di Siena
Source: 
Italy
Destination: 
Senegal
Date: 
05/04/2018
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

Vertical Tabs

Coverage and Pickup
Coverage: 
Medium
Pick-up charge: 
no
Other
Standard note: 
In this corridor all RSPs send and payout in EUR. The CFA is officially pegged to the EUR. At the point of collection, the money may need to be converted into the local currency. Remittance recipients may incur an additional cost (not shown here) if and when converting the EUR to the local currency.
pickup method new: 
Bank account (same/partner bank)

BDO (Banco de Oro): Italy - Philippines

ID: 
620182102
Firm: 
BDO (Banco de Oro)
Source: 
Italy
Destination: 
Philippines
Date: 
05/04/2018
Product: 
Bank account transfer
Sending locations: 
Bank branch,
Call Center
Speed actual: 
Same day
Inter LCU Bank FX Rate: 
61.82
Coverage Send: 
High
Transparent: 
yes

Vertical Tabs

Coverage and Pickup
Coverage: 
Medium
Pick-up charge: 
no
pickup method new: 
Bank account (same/partner bank)

PNB (Philippines National Bank): Italy - Philippines

ID: 
620182101
Firm: 
PNB (Philippines National Bank)
Source: 
Italy
Destination: 
Philippines
Date: 
05/04/2018
Product: 
Bank account transfer
Sending locations: 
Bank branch,
Call Center
Speed actual: 
Same day
Inter LCU Bank FX Rate: 
61.82
Coverage Send: 
High
Transparent: 
yes

Vertical Tabs

Coverage and Pickup
Coverage: 
Medium
Pick-up charge: 
no
pickup method new: 
Bank account (same/partner bank)

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