Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

Bank account (same/partner bank)

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Bank of Baroda: New Zealand - India

ID: 
320172595
Firm: 
Bank of Baroda
Source: 
New Zealand
Destination: 
India
Date: 
01/31/2017
Product: 
Bank account transfer,
Cash
Sending locations: 
Bank branch,
Internet
Speed actual: 
Same day
Inter LCU Bank FX Rate: 
49.40
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: 
Service for members
Standard note 2: 
City: 
Agreement: 
Commission Information: 
Other services: 
pickup method new: 
Bank account (same/partner bank)

CIMB Group (Cash Laju): Malaysia - Indonesia

ID: 
320172395
Firm: 
CIMB Group (Cash Laju)
Source: 
Malaysia
Destination: 
Indonesia
Date: 
02/03/2017
Product: 
Bank account transfer
Sending locations: 
Bank branch,
Call Center
Speed actual: 
Same day
Inter LCU Bank FX Rate: 
3 018.49
Coverage Send: 
High
Transparent: 
yes
Exchange Rate Information: 
Speed Information: 

Vertical Tabs

Coverage and Pickup
Coverage: 
Medium
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)

HLB (Hong Leong Bank): Malaysia - China

ID: 
320172386
Firm: 
HLB (Hong Leong Bank)
Source: 
Malaysia
Destination: 
China
Date: 
02/03/2017
Product: 
Bank account transfer
Sending locations: 
Internet
Speed actual: 
Less than one hour
Inter LCU Bank FX Rate: 
1.56
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: 
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.
Standard note 2: 
City: 
Agreement: 
Commission Information: 
Other services: 
pickup method new: 
Bank account (same/partner bank)

Standard Chartered Bank: Malaysia - Bangladesh

ID: 
320172382
Firm: 
Standard Chartered Bank
Source: 
Malaysia
Destination: 
Bangladesh
Date: 
02/03/2017
Product: 
Bank account transfer
Sending locations: 
Bank branch,
Call Center
Speed actual: 
3-5 days
Inter LCU Bank FX Rate: 
17.98
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)

Woori Bank: South Korea - Vietnam

ID: 
320172314
Firm: 
Woori Bank
Source: 
South Korea
Destination: 
Vietnam
Date: 
02/02/2017
Product: 
Bank account transfer
Sending locations: 
Bank branch
Speed actual: 
Next day
Inter LCU Bank FX Rate: 
0.00
Coverage Send: 
High
Transparent: 
yes
Exchange Rate Information: 
Speed Information: 

Vertical Tabs

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

Woori Bank: South Korea - Vietnam

ID: 
320172312
Firm: 
Woori Bank
Source: 
South Korea
Destination: 
Vietnam
Date: 
02/02/2017
Product: 
Bank account transfer
Sending locations: 
Internet
Speed actual: 
Next day
Inter LCU Bank FX Rate: 
0.00
Coverage Send: 
High
Transparent: 
yes
Exchange Rate Information: 
Speed Information: 

Vertical Tabs

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

Shinhan Bank: South Korea - Vietnam

ID: 
320172307
Firm: 
Shinhan Bank
Source: 
South Korea
Destination: 
Vietnam
Date: 
02/02/2017
Product: 
Bank account transfer
Sending locations: 
Internet
Speed actual: 
Same day
Inter LCU Bank FX Rate: 
0.00
Coverage Send: 
High
Transparent: 
yes
Exchange Rate Information: 
Speed Information: 

Vertical Tabs

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

KEB Hana Bank: South Korea - Vietnam

ID: 
320172296
Firm: 
KEB Hana Bank
Source: 
South Korea
Destination: 
Vietnam
Date: 
02/02/2017
Product: 
Bank account transfer
Sending locations: 
Internet
Speed actual: 
2 days
Inter LCU Bank FX Rate: 
0.00
Coverage Send: 
High
Transparent: 
yes
Exchange Rate Information: 
Speed Information: 

Vertical Tabs

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

Industrial Bank of Korea: South Korea - Vietnam

ID: 
320172293
Firm: 
Industrial Bank of Korea
Source: 
South Korea
Destination: 
Vietnam
Date: 
02/02/2017
Product: 
Bank account transfer
Sending locations: 
Internet
Speed actual: 
Next day
Inter LCU Bank FX Rate: 
0.00
Coverage Send: 
High
Transparent: 
yes
Exchange Rate Information: 
Speed Information: 

Vertical Tabs

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

Industrial Bank of Korea: South Korea - Vietnam

ID: 
320172292
Firm: 
Industrial Bank of Korea
Source: 
South Korea
Destination: 
Vietnam
Date: 
02/02/2017
Product: 
Bank account transfer
Sending locations: 
Bank branch
Speed actual: 
Next day
Inter LCU Bank FX Rate: 
0.00
Coverage Send: 
High
Transparent: 
yes
Exchange Rate Information: 
Speed Information: 

Vertical Tabs

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

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