Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Transfer money

Sending money from QATAR to NEPAL

Data collected on: Aug 21, 2024-Aug 23, 2024
QAR | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Disbursing network coverage
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 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.
Firm
City Exchange Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
20.005.48
Exchange rate margin (%)
0.35
Percentage difference between market reference rate 36.84 and exchange rate charged 36.710.35
Total cost (%)
3.093.09
Total cost (QAR)sort descendingTotal cost (USD)sort descending
22.566.18
Firm
Al Dar Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
20.005.48
Exchange rate margin (%)
0.37
Percentage difference between market reference rate 36.84 and exchange rate charged 36.700.37
Total cost (%)
3.113.11
Total cost (QAR)sort descendingTotal cost (USD)sort descending
22.706.22
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
20.005.48
Exchange rate margin (%)
0.53
Percentage difference between market reference rate 36.82 and exchange rate charged 36.630.53
Total cost (%)
3.273.27
Total cost (QAR)sort descendingTotal cost (USD)sort descending
23.876.54
Firm
Ezremit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
23.006.30
Exchange rate margin (%)
0.32
Percentage difference between market reference rate 36.83 and exchange rate charged 36.710.32
Total cost (%)
3.473.47
Total cost (QAR)sort descendingTotal cost (USD)sort descending
25.336.94
Firm
Arabian Exchange Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Low
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
23.006.30
Exchange rate margin (%)
0.42
Percentage difference between market reference rate 36.83 and exchange rate charged 36.670.42
Total cost (%)
3.573.57
Total cost (QAR)sort descendingTotal cost (USD)sort descending
26.067.14
Firm
Eastern Exchange Co
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
23.006.30
Exchange rate margin (%)
0.46
Percentage difference between market reference rate 36.84 and exchange rate charged 36.670.46
Total cost (%)
3.613.61
Total cost (QAR)sort descendingTotal cost (USD)sort descending
26.357.22
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
20.005.48
Exchange rate margin (%)
3.77
Percentage difference between market reference rate 36.81 and exchange rate charged 35.423.77
Total cost (%)
6.516.51
Total cost (QAR)sort descendingTotal cost (USD)sort descending
47.5213.02
Total Average Third Quarter 2024
3.803.80
Total Average Second Quarter 2024
3.953.95
Total Average
Fee
21.295.83
Exchange Rate Margin (%)
0.890.89
Total Cost Percent (%)
3.803.80
Total Cost (QAR) Total Cost (USD)
27.777.61
Non-Transparent records
Debit card Cash
Less than one hour Same day 2 days
Bank account Cash
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (QAR)sort descendingTotal cost (USD)sort descending
Firm
City Exchange Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
20.005.49
Exchange rate margin (%)
0.35
Percentage difference between market reference rate 36.84 and exchange rate charged 36.710.35
Total cost (%)
1.451.45
Total cost (QAR)sort descendingTotal cost (USD)sort descending
26.397.25
Firm
Al Dar Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
20.005.49
Exchange rate margin (%)
0.37
Percentage difference between market reference rate 36.84 and exchange rate charged 36.700.37
Total cost (%)
1.471.47
Total cost (QAR)sort descendingTotal cost (USD)sort descending
26.757.35
Firm
Ezremit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
23.006.32
Exchange rate margin (%)
0.32
Percentage difference between market reference rate 36.83 and exchange rate charged 36.710.32
Total cost (%)
1.581.58
Total cost (QAR)sort descendingTotal cost (USD)sort descending
28.767.90
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
20.005.49
Exchange rate margin (%)
0.53
Percentage difference between market reference rate 36.82 and exchange rate charged 36.630.53
Total cost (%)
1.631.63
Total cost (QAR)sort descendingTotal cost (USD)sort descending
29.678.15
Firm
Arabian Exchange Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Low
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
23.006.32
Exchange rate margin (%)
0.42
Percentage difference between market reference rate 36.83 and exchange rate charged 36.670.42
Total cost (%)
1.681.68
Total cost (QAR)sort descendingTotal cost (USD)sort descending
30.588.40
Firm
Eastern Exchange Co
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
23.006.32
Exchange rate margin (%)
0.46
Percentage difference between market reference rate 36.84 and exchange rate charged 36.670.46
Total cost (%)
1.721.72
Total cost (QAR)sort descendingTotal cost (USD)sort descending
31.308.60
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
20.005.49
Exchange rate margin (%)
3.77
Percentage difference between market reference rate 36.81 and exchange rate charged 35.423.77
Total cost (%)
4.874.87
Total cost (QAR)sort descendingTotal cost (USD)sort descending
88.6324.35
Total Average Third Quarter 2024
2.062.06
Total Average Second Quarter 2024
2.112.11
Total Average
Fee
21.295.85
Exchange Rate Margin (%)
0.890.89
Total Cost Percent (%)
2.062.06
Total Cost (QAR) Total Cost (USD)
37.4410.29
Non-Transparent records
Debit card Cash
Less than one hour Same day 2 days
Bank account Cash
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