Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From QAQatar you can also send money to

Sending money from QATAR to SRI LANKA

Data collected on: Jul 23, 2023-Sep 06, 2023
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.
Doha Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.002.74
-2.43
Percentage difference between market reference rate 88.75 and exchange rate charged 90.91
-2.43
-1.06-1.06
-7.74-2.12
Doha Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
10.002.74
-2.43
Percentage difference between market reference rate 88.75 and exchange rate charged 90.91
-2.43
-1.06-1.06
-7.74-2.12
Al Dar Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
15.004.11
-0.27
Percentage difference between market reference rate 88.07 and exchange rate charged 88.31
-0.27
1.781.78
12.993.56
Eastern Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
15.004.11
0.16
Percentage difference between market reference rate 88.89 and exchange rate charged 88.75
0.16
2.212.21
16.134.42
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
15.004.11
0.48
Percentage difference between market reference rate 88.82 and exchange rate charged 88.40
0.48
2.532.53
18.475.06
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.004.11
0.65
Percentage difference between market reference rate 88.46 and exchange rate charged 87.88
0.65
2.702.70
19.715.40
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
40.0010.96
1.18
Percentage difference between market reference rate 90.59 and exchange rate charged 89.52
1.18
6.666.66
48.6213.32
Total Average Third Quarter 2023
1.971.97
Total Average Second Quarter 2023
2.722.72
Total Average
Fee
17.144.70
Exchange Rate Margin (%)
-0.38-0.38
Total Cost Percent (%)
1.971.97
Total Cost (QAR) Total Cost (USD)
14.353.93
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Doha Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.002.75
-2.43
Percentage difference between market reference rate 88.75 and exchange rate charged 90.91
-2.43
-1.88-1.88
-34.22-9.40
Doha Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
10.002.75
-2.43
Percentage difference between market reference rate 88.75 and exchange rate charged 90.91
-2.43
-1.88-1.88
-34.22-9.40
Al Dar Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
15.004.12
-0.27
Percentage difference between market reference rate 88.07 and exchange rate charged 88.31
-0.27
0.550.55
10.012.75
Eastern Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
15.004.12
0.16
Percentage difference between market reference rate 88.89 and exchange rate charged 88.75
0.16
0.980.98
17.844.90
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
15.004.12
0.48
Percentage difference between market reference rate 88.82 and exchange rate charged 88.40
0.48
1.301.30
23.666.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.004.12
0.65
Percentage difference between market reference rate 88.46 and exchange rate charged 87.88
0.65
1.471.47
26.757.35
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
40.0010.99
1.18
Percentage difference between market reference rate 90.59 and exchange rate charged 89.52
1.18
3.383.38
61.5216.90
Total Average Third Quarter 2023
0.560.56
Total Average Second Quarter 2023
1.611.61
Total Average
Fee
17.144.71
Exchange Rate Margin (%)
-0.38-0.38
Total Cost Percent (%)
0.560.56
Total Cost (QAR) Total Cost (USD)
10.192.80
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash