Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from QATAR to BANGLADESH

Data collected on: Nov 21, 2022-Dec 01, 2022
QAR | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Exchange rate margin (%)sort descending
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (QAR)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Al Dar Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.004.11
0.73
Percentage difference between market reference rate 30.22 and exchange rate charged 30.00
0.73
2.792.79
20.375.58
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
15.004.11
2.29
Percentage difference between market reference rate 30.22 and exchange rate charged 29.53
2.29
4.344.34
31.688.68
Eastern Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
15.004.11
2.98
Percentage difference between market reference rate 30.22 and exchange rate charged 29.32
2.98
5.045.04
36.7910.08
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
15.004.11
3.10
Percentage difference between market reference rate 30.22 and exchange rate charged 29.29
3.10
5.155.15
37.6010.30
Total Average Fourth Quarter 2022
4.334.33
Total Average Third Quarter 2022
3.093.09
Total Average
Fee
15.004.11
Exchange Rate Margin (%)
2.282.28
Total Cost Percent (%)
4.334.33
Total Cost (QAR) Total Cost (USD)
31.618.66
Non-Transparent records
Debit card Cash
Less than one hour Same day 2 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Al Dar Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.004.12
0.73
Percentage difference between market reference rate 30.22 and exchange rate charged 30.00
0.73
1.561.56
28.397.80
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
15.004.12
2.29
Percentage difference between market reference rate 30.22 and exchange rate charged 29.53
2.29
3.113.11
56.6015.55
Eastern Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
15.004.12
2.98
Percentage difference between market reference rate 30.22 and exchange rate charged 29.32
2.98
3.813.81
69.3419.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
15.004.12
3.10
Percentage difference between market reference rate 30.22 and exchange rate charged 29.29
3.10
3.923.92
71.3419.60
Total Average Fourth Quarter 2022
3.103.10
Total Average Third Quarter 2022
1.861.86
Total Average
Fee
15.004.12
Exchange Rate Margin (%)
2.282.28
Total Cost Percent (%)
3.103.10
Total Cost (QAR) Total Cost (USD)
56.4215.50
Non-Transparent records
Debit card Cash
Less than one hour Same day 2 days
Bank account Cash