Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

Bank account (same/partner bank)

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Woori Bank: South Korea - Vietnam

ID: 
1220182666
Firm: 
Woori Bank
Source: 
South Korea
Destination: 
Vietnam
Date: 
10/30/2018
Product: 
Bank account transfer
Sending locations: 
Internet
Speed actual: 
2 days
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)

Shinhan Bank: South Korea - China

ID: 
1220182651
Firm: 
Shinhan Bank
Source: 
South Korea
Destination: 
China
Date: 
10/29/2018
Product: 
Bank account transfer
Sending locations: 
Internet
Speed actual: 
Same day
Inter LCU Bank FX Rate: 
0.00
Coverage Send: 
High
Transparent: 
yes

Vertical Tabs

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

Bank of Communications: South Korea - China

ID: 
1220182645
Firm: 
Bank of Communications
Source: 
South Korea
Destination: 
China
Date: 
10/29/2018
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.
pickup method new: 
Bank account (same/partner bank)

China Construction Bank: South Korea - China

ID: 
1220182640
Firm: 
China Construction Bank
Source: 
South Korea
Destination: 
China
Date: 
10/29/2018
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.
pickup method new: 
Bank account (same/partner bank)

Citibank: South Korea - China

ID: 
1220182639
Firm: 
Citibank
Source: 
South Korea
Destination: 
China
Date: 
10/29/2018
Product: 
Bank account transfer
Sending locations: 
Bank branch,
Internet
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
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: 
1220182634
Firm: 
ICBC Korea
Source: 
South Korea
Destination: 
China
Date: 
10/29/2018
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
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)

Bangkok Bank: Japan - Thailand

ID: 
1220182560
Firm: 
Bangkok Bank
Source: 
Japan
Destination: 
Thailand
Date: 
11/02/2018
Product: 
Bank account transfer
Sending locations: 
Bank branch,
Internet
Speed actual: 
Next day
Inter LCU Bank FX Rate: 
0.29
Coverage Send: 
Medium
Transparent: 
yes

Vertical Tabs

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

PNB (Philippines National Bank): Japan - Philippines

ID: 
1220182526
Firm: 
PNB (Philippines National Bank)
Source: 
Japan
Destination: 
Philippines
Date: 
10/31/2018
Product: 
Bank account transfer
Sending locations: 
Bank branch,
Call Center,
Internet
Speed actual: 
Less than one hour
Inter LCU Bank FX Rate: 
0.47
Coverage Send: 
High
Transparent: 
yes

Vertical Tabs

Coverage and Pickup
Coverage: 
Medium
Other
Standard note: 
LCU service
pickup method new: 
Bank account (same/partner bank)

Metro Bank: Japan - Philippines

ID: 
1220182525
Firm: 
Metro Bank
Source: 
Japan
Destination: 
Philippines
Date: 
10/31/2018
Product: 
Cash
Sending locations: 
Bank branch
Speed actual: 
Next day
Inter LCU Bank FX Rate: 
1.00
Coverage Send: 
Low
Transparent: 
yes

Vertical Tabs

Coverage and Pickup
Coverage: 
Medium
Other
Standard note: 
JPY service
pickup method new: 
Bank account (same/partner bank)

Bank of India: Japan - India

ID: 
1220182510
Firm: 
Bank of India
Source: 
Japan
Destination: 
India
Date: 
11/02/2018
Product: 
Bank account transfer
Sending locations: 
Bank branch,
Call Center,
Internet
Speed actual: 
Same day
Inter LCU Bank FX Rate: 
0.01
Coverage Send: 
High
Transparent: 
yes

Vertical Tabs

Coverage and Pickup
Coverage: 
High
Other
Standard note: 
USD service
pickup method new: 
Bank account (same/partner bank)

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