Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from QATAR to BANGLADESH

Data collected on: Feb 21, 2024-Feb 25, 2024
QAR | USD
Payment instrument
Access point
Sending network coverage
Transfer speedsort ascending
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Exchange rate margin (%)
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
-1.38
Percentage difference between market reference rate 32.92 and exchange rate charged 33.37
-1.38
0.670.67
4.891.34
Eastern Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
15.004.11
-1.62
Percentage difference between market reference rate 32.92 and exchange rate charged 33.45
-1.62
0.430.43
3.140.86
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
15.004.11
-1.68
Percentage difference between market reference rate 32.92 and exchange rate charged 33.47
-1.68
0.370.37
2.700.74
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
15.004.11
8.95
Percentage difference between market reference rate 32.92 and exchange rate charged 29.97
8.95
11.0011.00
80.3022.00
Total Average First Quarter
3.123.12
Total Average Fourth Quarter 2023
7.417.41
Total Average
Fee
15.004.11
Exchange Rate Margin (%)
1.071.07
Total Cost Percent (%)
3.123.12
Total Cost (QAR) Total Cost (USD)
22.766.23
Non-Transparent records
Debit card Cash
Less than one hour Next 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
-1.38
Percentage difference between market reference rate 32.92 and exchange rate charged 33.37
-1.38
-0.56-0.56
-10.19-2.80
Eastern Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
15.004.12
-1.62
Percentage difference between market reference rate 32.92 and exchange rate charged 33.45
-1.62
-0.80-0.80
-14.56-4.00
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
15.004.12
-1.68
Percentage difference between market reference rate 32.92 and exchange rate charged 33.47
-1.68
-0.86-0.86
-15.65-4.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
15.004.12
8.95
Percentage difference between market reference rate 32.92 and exchange rate charged 29.97
8.95
9.779.77
177.8148.85
Total Average First Quarter
1.891.89
Total Average Fourth Quarter 2023
6.186.18
Total Average
Fee
15.004.12
Exchange Rate Margin (%)
1.071.07
Total Cost Percent (%)
1.891.89
Total Cost (QAR) Total Cost (USD)
34.359.44
Non-Transparent records
Debit card Cash
Less than one hour Next day 2 days
Bank account Cash