Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

Bank account (same/partner bank)

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South Korea - Vietnam

ID: 
320181590
Firm: 
Industrial Bank of Korea
Source: 
South Korea
Destination: 
Vietnam
Date: 
02/13/2018
Product: 
Bank account transfer
Sending locations: 
Bank branch
Speed actual: 
Next day
Inter LCU Bank FX Rate: 
0.00
Coverage Send: 
High
Transparent: 
yes

Vertical Tabs

Coverage and Pickup
Coverage: 
Medium
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)

South Korea - China

ID: 
320181588
Firm: 
Bank of Communications
Source: 
South Korea
Destination: 
China
Date: 
02/12/2018
Product: 
Bank account transfer
Sending locations: 
Bank branch
Speed actual: 
Same day
Inter LCU Bank FX Rate: 
0.00
Coverage Send: 
Low
Transparent: 
yes

Vertical Tabs

Coverage and Pickup
Coverage: 
High
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.
Standard note 2: 
A negative exchange rate margin for this operator may be due to a promotion/special offer that the RSP had on at the time the information was collected.
pickup method new: 
Bank account (same/partner bank)

Austria - Turkey

ID: 
320181557
Firm: 
Denizbank AG
Source: 
Austria
Destination: 
Türkiye
Date: 
02/12/2018
Product: 
Bank account transfer
Sending locations: 
Bank branch,
Call Center
Speed actual: 
Next day
Inter LCU Bank FX Rate: 
1.00
Coverage Send: 
High
Transparent: 
yes

Vertical Tabs

Coverage and Pickup
Coverage: 
High
Other
Standard note: 
This RSP sends and pays out in EUR in this corridor. At the point of collection, the money may be converted to the local currency or paid out in EUR. 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)

Australia - India

ID: 
320181427
Firm: 
HDFC Bank
Source: 
Australia
Destination: 
India
Date: 
02/12/2018
Product: 
Bank account transfer
Sending locations: 
Bank branch,
Call Center
Speed actual: 
3-5 days
Inter LCU Bank FX Rate: 
50.31
Coverage Send: 
High
Transparent: 
yes

Vertical Tabs

Coverage and Pickup
Coverage: 
High
pickup method new: 
Bank account (same/partner bank)

United States - Philippines

ID: 
320181383
Firm: 
Citibank
Source: 
United States
Destination: 
Philippines
Date: 
02/16/2018
Product: 
Bank account transfer
Sending locations: 
Internet
Speed actual: 
Less than one hour
Inter LCU Bank FX Rate: 
1.00
Coverage Send: 
High
Transparent: 
yes

Vertical Tabs

Coverage and Pickup
Coverage: 
Medium
Other
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.
pickup method new: 
Bank account (same/partner bank)

United States - Mexico

ID: 
320181349
Firm: 
Citibank
Source: 
United States
Destination: 
Mexico
Date: 
02/14/2018
Product: 
Bank account transfer
Sending locations: 
Internet
Speed actual: 
2 days
Inter LCU Bank FX Rate: 
1.00
Coverage Send: 
High
Transparent: 
yes

Vertical Tabs

Coverage and Pickup
Coverage: 
Medium
Other
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: 
Service for members
pickup method new: 
Bank account (same/partner bank)

United States - Dominican Republic

ID: 
320181238
Firm: 
Citibank
Source: 
United States
Destination: 
Dominican Republic
Date: 
02/17/2018
Product: 
Bank account transfer
Sending locations: 
Bank branch,
Internet
Speed actual: 
Next day
Inter LCU Bank FX Rate: 
1.00
Coverage Send: 
High
Transparent: 
yes

Vertical Tabs

Coverage and Pickup
Coverage: 
High
Other
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.
pickup method new: 
Bank account (same/partner bank)

United States - Colombia

ID: 
320181220
Firm: 
Citibank
Source: 
United States
Destination: 
Colombia
Date: 
02/14/2018
Product: 
Bank account transfer
Sending locations: 
Internet
Speed actual: 
Same day
Inter LCU Bank FX Rate: 
1.00
Coverage Send: 
High
Transparent: 
yes

Vertical Tabs

Coverage and Pickup
Coverage: 
Medium
Other
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: 
Service for members
pickup method new: 
Bank account (same/partner bank)

United States - China

ID: 
320181212
Firm: 
Citibank
Source: 
United States
Destination: 
China
Date: 
02/13/2018
Product: 
Bank account transfer
Sending locations: 
Bank branch,
Internet
Speed actual: 
Next day
Inter LCU Bank FX Rate: 
1.00
Coverage Send: 
High
Transparent: 
yes

Vertical Tabs

Coverage and Pickup
Coverage: 
High
Other
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: 
Service for members
pickup method new: 
Bank account (same/partner bank)

United States - China

ID: 
320181211
Firm: 
Cathay Bank
Source: 
United States
Destination: 
China
Date: 
02/13/2018
Product: 
Bank account transfer
Sending locations: 
Bank branch,
Internet
Speed actual: 
3-5 days
Inter LCU Bank FX Rate: 
1.00
Coverage Send: 
High
Transparent: 
yes

Vertical Tabs

Coverage and Pickup
Coverage: 
High
Other
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.
pickup method new: 
Bank account (same/partner bank)

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