Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from QATAR to INDIA

Data collected on: Feb 20, 2025 - Mar 04, 2025
QAR | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Fee
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 descending
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
Agent
Sending network coverage
High 
Receiving method
Agent
High 
5.00
0.42
Percentage difference between market reference rate 23.84 and exchange rate charged 23.74
1.10
8.03
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Receiving method
Agent
High 
5.00
0.42
Percentage difference between market reference rate 23.84 and exchange rate charged 23.74
1.10
8.03
Eastern Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium 
Receiving method
Agent
High 
20.00
0.30
Percentage difference between market reference rate 23.78 and exchange rate charged 23.71
3.04
22.19
Arabian Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low 
Receiving method
Agent
High 
20.00
0.49
Percentage difference between market reference rate 23.95 and exchange rate charged 23.83
3.23
23.58
Doha Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High 
Receiving method
Agent
High 
10.00
2.17
Percentage difference between market reference rate 23.77 and exchange rate charged 23.26
3.54
25.84
Doha Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium 
Receiving method
Agent
High 
10.00
2.17
Percentage difference between market reference rate 23.77 and exchange rate charged 23.26
3.54
25.84
Al Dar Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High 
Receiving method
Agent
Medium 
21.00
0.72
Percentage difference between market reference rate 23.77 and exchange rate charged 23.60
3.60
26.28
Total Average First Quarter 2025
2.74
Total Average Fourth Quarter 2024
3.28
Total Average
Fee
13.00
Exchange Rate Margin (%)
0.96
Total Cost Percent (%)
2.74
Total Cost (QAR)
19.97
Non-Transparent records
Cash Debit card Bank account transfer
Less than one hour 2 days 3-5 days
Cash Bank account