Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From QAQatar you can also send money to

Sending money from QATAR to PHILIPPINES

Data collected on: Aug 24, 2022-Aug 28, 2022
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 (%)sort descending
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
Agent
High
15.004.11
-0.46
Percentage difference between market reference rate 15.25 and exchange rate charged 15.32
-0.46
1.591.59
11.613.18
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
15.004.11
-0.45
Percentage difference between market reference rate 15.25 and exchange rate charged 15.32
-0.45
1.611.61
11.753.22
iRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.004.11
-0.08
Percentage difference between market reference rate 15.31 and exchange rate charged 15.32
-0.08
1.971.97
14.383.94
Eastern Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
18.004.93
-0.22
Percentage difference between market reference rate 15.21 and exchange rate charged 15.24
-0.22
2.242.24
16.354.48
Arabian Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
18.004.93
0.11
Percentage difference between market reference rate 15.34 and exchange rate charged 15.32
0.11
2.582.58
18.835.16
Al Dar Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
18.004.93
0.91
Percentage difference between market reference rate 15.25 and exchange rate charged 15.11
0.91
3.383.38
24.676.76
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.004.11
2.35
Percentage difference between market reference rate 15.25 and exchange rate charged 14.89
2.35
4.414.41
32.198.82
Commercial Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
15.004.11
2.66
Percentage difference between market reference rate 15.25 and exchange rate charged 14.84
2.66
4.724.72
34.469.44
Total Average Third Quarter
2.812.81
Total Average Second Quarter
3.593.59
Total Average
Fee
16.134.42
Exchange Rate Margin (%)
0.600.60
Total Cost Percent (%)
2.812.81
Total Cost (QAR) Total Cost (USD)
20.535.62
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Same day Next day 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
15.004.12
-0.46
Percentage difference between market reference rate 15.25 and exchange rate charged 15.32
-0.46
0.360.36
6.551.80
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
15.004.12
-0.45
Percentage difference between market reference rate 15.25 and exchange rate charged 15.32
-0.45
0.380.38
6.921.90
iRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.004.12
-0.08
Percentage difference between market reference rate 15.31 and exchange rate charged 15.32
-0.08
0.740.74
13.473.70
Eastern Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
18.004.95
-0.22
Percentage difference between market reference rate 15.21 and exchange rate charged 15.24
-0.22
0.770.77
14.013.85
Arabian Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
18.004.95
0.11
Percentage difference between market reference rate 15.34 and exchange rate charged 15.32
0.11
1.101.10
20.025.50
Al Dar Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
18.004.95
0.91
Percentage difference between market reference rate 15.25 and exchange rate charged 15.11
0.91
1.901.90
34.589.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.004.12
2.35
Percentage difference between market reference rate 15.25 and exchange rate charged 14.89
2.35
3.183.18
57.8815.90
Commercial Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
15.004.12
2.66
Percentage difference between market reference rate 15.25 and exchange rate charged 14.84
2.66
3.493.49
63.5217.45
Total Average Third Quarter
1.491.49
Total Average Second Quarter
2.242.24
Total Average
Fee
16.134.43
Exchange Rate Margin (%)
0.600.60
Total Cost Percent (%)
1.491.49
Total Cost (QAR) Total Cost (USD)
27.127.45
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Same day Next day 3-5 days
Bank account Cash