Sending Money FROM Saudi Arabia

The following tables show how much it costs to remit money FROM Saudi Arabia TO

FIND & COMPARE PRICES

SENDING MONEY

 		From
 To

Remitting from Saudi Arabia to India
Collection Period for Go to top
SAR|USD|

*Click on column headers to sort data
Firm Name Firm Type Fee
The exchange rate margin is the cost resulting from the percentage difference between the current interbank exchange rate and the actual exchange rate applied to the remittance transfer. Exchange Rate Margin (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost Percent (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost(SAR)▲
Transfer Speed has been standardized in six broad categories. Transfer Speed
In 2008 Network Coverage information was not collected. Network Coverage
Product: Cash to cash
 Express Money
MTO 25.00
Percentage difference between Interbank exchange rate 14.18 and exchange rate charged 14.1 0.56
3.89 29.18 Next day
Cash pick up at agents in receiving country Nationwide
Feb 04, 2013
Product: Account to account
 Enjaz Bank
Bank 19.00
Percentage difference between Interbank exchange rate 14.18 and exchange rate charged 13.97 1.45
3.98 29.85 2 days
Own/partner bank account in receiving country Nationwide
Feb 04, 2013
Product: Cash to cash
 MoneyGram
MTO 22.00
Percentage difference between Interbank exchange rate 14.18 and exchange rate charged 14 1.26
4.20 31.47 Less than one hour
Cash pick up at branches/agents such as Idbi Bank Ltd Nationwide
Feb 04, 2013
Product: Account to account
 Al-Rajhi Bank
Bank 16.00
Percentage difference between Interbank exchange rate 14.18 and exchange rate charged 13.88 2.11
4.24 31.82 2 days
Own/partner bank account in receiving country Nationwide
Feb 04, 2013
Product: Cash to cash
 TeleMoney
MTO 16.00
Percentage difference between Interbank exchange rate 14.18 and exchange rate charged 13.83 2.46
4.59 34.46 Less than one hour
Cash pick up at branches/agents such as State Bank of India, Fenderal Bank and HDFC Nationwide
Feb 04, 2013
Product: Cash to account
 Saudi American Bank (SAMBA)
Bank 25.00
Percentage difference between Interbank exchange rate 14.18 and exchange rate charged 13.88 2.11
5.44 40.82 Less than one hour
Own/partner bank account in receiving country Nationwide
Feb 04, 2013
Product: Cash to cash
 Western Union
MTO 25.00
Percentage difference between Interbank exchange rate 14.18 and exchange rate charged 13.81 2.60
5.94 44.52 Less than one hour
Cash pick up at branches/agents such as State Bank of India Nationwide
Feb 04, 2013
Bank Average 20.00
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.89
4.55 34.16
Total Average First quarter 2013
4.61
Total Average Third quarter 2012
4.40
MTO Average 22.00
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.72
4.65 34.91
Total Average 21.14
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.79
4.61 34.59
Total Average in Third quarter 2012 21.14
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.58
4.40 33.03

*Click on column headers to sort data
Firm Name Firm Type Fee
The exchange rate margin is the cost resulting from the percentage difference between the current interbank exchange rate and the actual exchange rate applied to the remittance transfer. Exchange Rate Margin (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost Percent (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost(SAR)▲
Transfer Speed has been standardized in six broad categories. Transfer Speed
In 2008 Network Coverage information was not collected. Network Coverage
Product: Cash to cash
 Express Money
MTO 25.00
Percentage difference between Interbank exchange rate 14.18 and exchange rate charged 14.1 0.56
1.89 35.42 Next day
Cash pick up at agents in receiving country Nationwide
Feb 04, 2013
Product: Cash to cash
 MoneyGram
MTO 22.00
Percentage difference between Interbank exchange rate 14.18 and exchange rate charged 14 1.26
2.44 45.61 Less than one hour
Cash pick up at branches/agents such as Idbi Bank Ltd Nationwide
Feb 04, 2013
Product: Account to account
 Enjaz Bank
Bank 19.00
Percentage difference between Interbank exchange rate 14.18 and exchange rate charged 13.97 1.45
2.46 46.06 2 days
Own/partner bank account in receiving country Nationwide
Feb 04, 2013
Product: Account to account
 Al-Rajhi Bank
Bank 16.00
Percentage difference between Interbank exchange rate 14.18 and exchange rate charged 13.88 2.11
2.96 55.43 2 days
Own/partner bank account in receiving country Nationwide
Feb 04, 2013
Product: Cash to cash
 TeleMoney
MTO 16.00
Percentage difference between Interbank exchange rate 14.18 and exchange rate charged 13.83 2.46
3.32 62.03 Less than one hour
Cash pick up at branches/agents such as State Bank of India, Fenderal Bank and HDFC Nationwide
Feb 04, 2013
Product: Cash to account
 Saudi American Bank (SAMBA)
Bank 25.00
Percentage difference between Interbank exchange rate 14.18 and exchange rate charged 13.88 2.11
3.45 64.43 Less than one hour
Own/partner bank account in receiving country Nationwide
Feb 04, 2013
Product: Cash to cash
 Western Union
MTO 25.00
Percentage difference between Interbank exchange rate 14.18 and exchange rate charged 13.81 2.60
3.94 73.67 Less than one hour
Cash pick up at branches/agents such as State Bank of India Nationwide
Feb 04, 2013
Bank Average 20.00
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.89
2.96 55.31
Total Average First quarter 2013
2.92
Total Average Third quarter 2012
2.71
MTO Average 22.00
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.72
2.90 54.18
Total Average 21.14
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.79
2.92 54.66
Total Average in Third quarter 2012 21.14
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.58
2.71 50.77

*Click on column headers to sort data
Firm Name Firm Type Fee
The exchange rate margin is the cost resulting from the percentage difference between the current interbank exchange rate and the actual exchange rate applied to the remittance transfer. Exchange Rate Margin (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost Percent (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost(USD)▲
Transfer Speed has been standardized in six broad categories. Transfer Speed
In 2008 Network Coverage information was not collected. Network Coverage
Product: Cash to cash
 Express Money
MTO 6.67
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 0.56
3.89 7.78 Next day
Cash pick up at agents in receiving country Nationwide
Feb 04, 2013
Product: Account to account
 Enjaz Bank
Bank 5.07
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 1.45
3.98 7.96 2 days
Own/partner bank account in receiving country Nationwide
Feb 04, 2013
Product: Cash to cash
 MoneyGram
MTO 5.87
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 1.26
4.20 8.39 Less than one hour
Cash pick up at branches/agents such as Idbi Bank Ltd Nationwide
Feb 04, 2013
Product: Account to account
 Al-Rajhi Bank
Bank 4.27
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 2.11
4.24 8.48 2 days
Own/partner bank account in receiving country Nationwide
Feb 04, 2013
Product: Cash to cash
 TeleMoney
MTO 4.27
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 2.46
4.59 9.19 Less than one hour
Cash pick up at branches/agents such as State Bank of India, Fenderal Bank and HDFC Nationwide
Feb 04, 2013
Product: Cash to account
 Saudi American Bank (SAMBA)
Bank 6.67
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 2.11
5.44 10.88 Less than one hour
Own/partner bank account in receiving country Nationwide
Feb 04, 2013
Product: Cash to cash
 Western Union
MTO 6.67
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 2.60
5.94 11.87 Less than one hour
Cash pick up at branches/agents such as State Bank of India Nationwide
Feb 04, 2013
Bank Average 5.33
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.89
4.55 9.11
Total Average First quarter 2013
4.61
Total Average Third quarter 2012
4.40
MTO Average 5.87
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.72
4.65 9.31
Total Average 5.64
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.79
4.61 9.22
Total Average in Third quarter 2012 5.64
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.58
4.40 8.81

*Click on column headers to sort data
Firm Name Firm Type Fee
The exchange rate margin is the cost resulting from the percentage difference between the current interbank exchange rate and the actual exchange rate applied to the remittance transfer. Exchange Rate Margin (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost Percent (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost(USD)▲
Transfer Speed has been standardized in six broad categories. Transfer Speed
In 2008 Network Coverage information was not collected. Network Coverage
Product: Cash to cash
 Express Money
MTO 6.68
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 0.56
1.89 9.47 Next day
Cash pick up at agents in receiving country Nationwide
Feb 04, 2013
Product: Cash to cash
 MoneyGram
MTO 5.88
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 1.26
2.44 12.19 Less than one hour
Cash pick up at branches/agents such as Idbi Bank Ltd Nationwide
Feb 04, 2013
Product: Account to account
 Enjaz Bank
Bank 5.08
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 1.45
2.46 12.32 2 days
Own/partner bank account in receiving country Nationwide
Feb 04, 2013
Product: Account to account
 Al-Rajhi Bank
Bank 4.28
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 2.11
2.96 14.82 2 days
Own/partner bank account in receiving country Nationwide
Feb 04, 2013
Product: Cash to cash
 TeleMoney
MTO 4.28
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 2.46
3.32 16.59 Less than one hour
Cash pick up at branches/agents such as State Bank of India, Fenderal Bank and HDFC Nationwide
Feb 04, 2013
Product: Cash to account
 Saudi American Bank (SAMBA)
Bank 6.68
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 2.11
3.45 17.23 Less than one hour
Own/partner bank account in receiving country Nationwide
Feb 04, 2013
Product: Cash to cash
 Western Union
MTO 6.68
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 2.60
3.94 19.70 Less than one hour
Cash pick up at branches/agents such as State Bank of India Nationwide
Feb 04, 2013
Bank Average 5.35
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.89
2.96 14.79
Total Average First quarter 2013
2.92
Total Average Third quarter 2012
2.71
MTO Average 5.88
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.72
2.90 14.49
Total Average 5.65
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.79
2.92 14.62
Total Average in Third quarter 2012 5.65
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.58
2.71 13.57