Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from QATAR to BANGLADESH

Data collected on: May 21, 2024-May 30, 2024
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 ascending
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.
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
20.005.48
6.75
Percentage difference between market reference rate 34.34 and exchange rate charged 32.02
6.75
9.499.49
69.2818.98
Al Dar Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
20.005.48
5.80
Percentage difference between market reference rate 34.34 and exchange rate charged 32.35
5.80
8.548.54
62.3417.08
Eastern Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
20.005.48
5.24
Percentage difference between market reference rate 34.34 and exchange rate charged 32.54
5.24
7.987.98
58.2515.96
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
20.005.48
5.24
Percentage difference between market reference rate 34.34 and exchange rate charged 32.54
5.24
7.987.98
58.2515.96
Total Average Second Quarter
8.508.50
Total Average First Quarter
3.123.12
Total Average
Fee
20.005.48
Exchange Rate Margin (%)
5.765.76
Total Cost Percent (%)
8.508.50
Total Cost (QAR) Total Cost (USD)
62.0316.99
Non-Transparent records
Debit card Cash
Less than one hour Same day Next day
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Eastern Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
20.005.49
5.24
Percentage difference between market reference rate 34.34 and exchange rate charged 32.54
5.24
6.346.34
115.3931.70
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
20.005.49
5.24
Percentage difference between market reference rate 34.34 and exchange rate charged 32.54
5.24
6.346.34
115.3931.70
Al Dar Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
20.005.49
5.80
Percentage difference between market reference rate 34.34 and exchange rate charged 32.35
5.80
6.906.90
125.5834.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
20.005.49
6.75
Percentage difference between market reference rate 34.34 and exchange rate charged 32.02
6.75
7.857.85
142.8739.25
Total Average Second Quarter
6.866.86
Total Average First Quarter
1.891.89
Total Average
Fee
20.005.49
Exchange Rate Margin (%)
5.765.76
Total Cost Percent (%)
6.866.86
Total Cost (QAR) Total Cost (USD)
124.8134.29
Non-Transparent records
Debit card Cash
Less than one hour Same day Next day
Bank account Cash