Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from SAUDI-ARABIA to MYANMAR (BURMA)

Data collected on: Feb 09, 2025 - Feb 11, 2025
SAR | 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 (SAR)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Alinma Bank via Western Union
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Receiving method
Agent
High 
25.30
1.78
Percentage difference between market reference rate 1,178.54 and exchange rate charged 1,157.57
5.15
38.63
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High 
Receiving method
Agent
High 
23.00
2.08
Percentage difference between market reference rate 1,178.54 and exchange rate charged 1,153.99
5.15
38.63
STC Pay
Firm type: Money Transfer Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High 
Receiving method
Agent
Medium 
28.75
4.04
Percentage difference between market reference rate 1,178.54 and exchange rate charged 1,130.91
7.87
59.03
Total Average First Quarter 2025
6.06
Total Average Fourth Quarter 2024
5.16
Total Average
Fee
25.68
Exchange Rate Margin (%)
2.63
Total Cost Percent (%)
6.06
Total Cost (SAR)
45.43
Non-Transparent records
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