Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from QATAR to EGYPT

Data collected on: May 15, 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 (%)
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)sort descendingTotal cost (USD)sort descending
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
Low
30.008.22
1.86
Percentage difference between market reference rate 12.94 and exchange rate charged 12.70
1.86
5.975.97
43.5811.94
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
30.008.22
1.99
Percentage difference between market reference rate 12.98 and exchange rate charged 12.73
1.99
6.106.10
44.5312.20
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
35.009.59
1.79
Percentage difference between market reference rate 13.03 and exchange rate charged 12.80
1.79
6.586.58
48.0313.16
QNB
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
15.004.11
5.98
Percentage difference between market reference rate 12.80 and exchange rate charged 12.03
5.98
8.038.03
58.6216.06
Commercial Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
15.004.11
6.54
Percentage difference between market reference rate 12.86 and exchange rate charged 12.02
6.54
8.598.59
62.7117.18
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
35.009.59
4.08
Percentage difference between market reference rate 0.27 and exchange rate charged 0.26
4.08
8.878.87
64.7517.74
Total Average Second Quarter
7.367.36
Total Average First Quarter
6.746.74
Total Average
Fee
26.677.31
Exchange Rate Margin (%)
3.713.71
Total Cost Percent (%)
7.367.36
Total Cost (QAR) Total Cost (USD)
53.7014.71
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour 2 days 3-5 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
Low
30.008.24
1.86
Percentage difference between market reference rate 12.94 and exchange rate charged 12.70
1.86
3.513.51
63.8817.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
30.008.24
1.99
Percentage difference between market reference rate 12.98 and exchange rate charged 12.73
1.99
3.643.64
66.2518.20
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
35.009.62
1.79
Percentage difference between market reference rate 13.03 and exchange rate charged 12.80
1.79
3.713.71
67.5218.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
35.009.62
4.08
Percentage difference between market reference rate 0.27 and exchange rate charged 0.26
4.08
6.006.00
109.2030.00
QNB
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
15.004.12
5.98
Percentage difference between market reference rate 12.80 and exchange rate charged 12.03
5.98
6.806.80
123.7634.00
Commercial Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
15.004.12
6.54
Percentage difference between market reference rate 12.86 and exchange rate charged 12.02
6.54
7.367.36
133.9536.80
Total Average Second Quarter
5.175.17
Total Average First Quarter
4.974.97
Total Average
Fee
26.677.33
Exchange Rate Margin (%)
3.713.71
Total Cost Percent (%)
5.175.17
Total Cost (QAR) Total Cost (USD)
94.0925.85
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour 2 days 3-5 days
Bank account Cash