Cost to send money to India: every corridor
In Q3 2025 the World Bank surveyed 20 corridors into India. Sending from the United Kingdom was cheapest on average at 1.91%, and from South Africa the most expensive at 16.39% of the local equivalent of US$200.
| From | Average cost | Services | Lowest-cost service |
|---|---|---|---|
| United Kingdom | 1.91% | 28 | State Bank of India (0.15%) |
| Bahrain | 2.17% | 10 | Western Union (0.24%) |
| Kuwait | 2.37% | 30 | Lulu Money (1.65%) |
| Qatar | 2.50% | 7 | Western Union (1.33%) |
| Singapore | 2.92% | 28 | State Bank of India (0.50%) |
| Oman | 3.30% | 11 | Bank Muscat (2.37%) |
| Malaysia | 3.33% | 17 | Western Union (1.24%) |
| United States | 3.68% | 46 | Walmart2World (-0.53%) |
| United Arab Emirates | 3.72% | 24 | Emirates NBD (0.77%) |
| Italy | 3.97% | 19 | Poste Italiane via Western Union (-0.82%) |
| Canada | 4.28% | 32 | SBI Canada Bank (0.86%) |
| New Zealand | 4.68% | 33 | Western Union (0.47%) |
| Saudi Arabia | 5.59% | 12 | STC Pay (3.14%) |
| Australia | 6.15% | 36 | WorldRemit (-2.22%) |
| France | 6.33% | 28 | Banque Populaire via Wise (1.40%) |
| Germany | 6.78% | 27 | Skrill (1.35%) |
| Sweden | 7.29% | 25 | Skrill (0.72%) |
| Japan | 8.72% | 22 | Western Union (1.22%) |
| Thailand | 12.59% | 21 | Western Union (0.72%) |
| South Africa | 16.39% | 15 | Mama Money (5.29%) |
The UN Sustainable Development Goals aim to bring the global average cost of sending remittances below 3% by 2030 and to remove corridors costing more than 5%. The World Bank measures the 5% test on the average of the three cheapest qualifying services in each corridor, not on the corridor average. source
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Where Polynopsis fits
The companies surveyed here move money across borders every day, and many of them prefund payout partners in the receiving country. Polynopsis is liquidity software for those companies: one live position across their banks, payout partners and wallets, with a warning before a corridor runs dry.
Data: World Bank, Remittance Prices Worldwide (complete dataset, licensed CC BY 4.0). Averages and charts are worked out by Polynopsis from that dataset. Services without a US$200 quote are left out of the averages, so a few corridors differ slightly from the World Bank site. Each corridor uses the local send amount the World Bank set as the equivalent of US$200; where that amount is now worth much less than US$200, fixed fees make the percentage cost higher.
Know where all your money is.
Polynopsis gives cross-border payment teams one live position across every bank, payout partner, exchange and wallet, including money in flight, and warns before a corridor runs dry.
About Polynopsis
Polynopsis is liquidity management software for cross-border payment companies. The name joins poly, many, and synopsis, a seeing together: one live view of money spread across many banks, payout partners, exchanges and stablecoin wallets, including money in flight, with a warning before any corridor runs dry.
Why it is called Polynopsis · About Polynopsis · Glossary · Corridor runway calculator