Remittance corridor · World Bank RPW · 2025Q1
India → Sri Lanka
What it really costs to send money from India to Sri Lanka, with the cheapest provider on record and the gap to the UN's 3% target.
- 6.7%
- Average cost
- 2.9%
- Cheapest · Skrill
- 5
- Providers tracked
The verdict
At 6.7%, this corridor costs more than most, only 31% of tracked corridors are pricier, but the cheapest provider charges just 2.9% - switching saves about $7.62 on every $200 sent.
- 6.7%
- average cost of a $200 transfer
- -0.0pp
- vs the 6.7% average of 322 corridors
- +3.7pp
- gap to the UN 3% target
- $91/yr
- saved by switching to the cheapest, 12 transfers
Compared against the 322 corridors we actually track, not a generic headline figure.
How India → Sri Lanka compares
Average cost of a $200 transfer, percent, lower is cheaper
6.70% average - 3.7pp above target
Cost trend: India → Sri Lanka
Average and cheapest cost of a $200 transfer over time, percent
Sending Country
Receiving Country
Nearby Corridors from India
India's outbound coverage in our data is limited to a handful of corridors; here is how the others compare.
| # | Destination | Avg cost | Cheapest |
|---|---|---|---|
| 1 | Nepal | 3.4% | 0.4% |
| 2 | Pakistan | 6.8% | 4.6% |
| 3 | Bangladesh | 8.5% | 4.6% |
What the India → Sri Lanka Data Tells Us
Sending money from India to Sri Lanka currently costs an average of 6.70% of the transfer amount, according to World Bank Remittance Prices Worldwide (RPW) data as of 2025Q1. That is 0.0 percentage points below the 6.7% average of the 322 corridors we track, and well under the World Bank's reported global average of about 6.4% - a relatively affordable route.
On the cheapest end of the market, Skrill delivers this corridor at 2.89% - the floor price a India-based sender can realistically access today. The full panel includes 5 tracked providers.
Annual corridor volume is not separately reported for this route in the current release, but reducing transfer costs on any route translates directly into more money reaching recipient households. Costs here have crept up 0.47 percentage points over the tracked period, bucking the wider trend toward cheaper transfers seen on most corridors.
Across the 36 quarters of World Bank RPW data on record for this corridor, the average cost has ranged from 2.4% to 8.0%, and 6 of those 36 quarters (17%) met the UN SDG 3% target outright.
Frequently Asked Questions
How much does it cost to send money from India to Sri Lanka?
The average cost to send money from India to Sri Lanka is 6.70% of the transfer amount, based on World Bank RPW data as of 2025Q1. The cheapest available option is 2.89% via Skrill. Costs are calculated as a percentage of a $200 transfer and include both service fees and exchange rate margins.
What is the cheapest way to send money from India to Sri Lanka?
Based on World Bank RPW data, the cheapest service for the India to Sri Lanka corridor charges 2.89% - currently Skrill. A total of 5 providers are tracked on this corridor. Always compare rates directly with providers before sending, as prices change frequently.
Is the India to Sri Lanka corridor meeting the UN SDG cost target?
Not yet. At 6.7%, this corridor sits 3.7 percentage points above the UN SDG 10.c target of 3% or below by 2030.
Source: World Bank, Remittance Prices Worldwide (RPW) Database (2011-2025) World Bank, Remittance Prices Worldwide (RPW) Database (2011-2025)
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainRemit is rendered directly from World Bank Remittance Prices Worldwide (RPW) data, no number is typed in by an editor. This page draws directly on World Bank Remittance Prices Worldwide (RPW) data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.