Remittance Prices Worldwide

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Sending money from SAUDI-ARABIA to BANGLADESH

Data collected on: Feb 09, 2025 - Feb 20, 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.
TeleMoney
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High 
Receiving method
Agent
High 
17.00
4.32
Percentage difference between market reference rate 33.72 and exchange rate charged 32.26
6.59
49.43
STC Pay
Firm type: Money Transfer Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High 
Receiving method
Agent
Medium 
17.25
4.73
Percentage difference between market reference rate 33.72 and exchange rate charged 32.12
7.03
52.73
STC Pay
Firm type: Money Transfer Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High 
Receiving method
Agent
Medium 
17.25
4.82
Percentage difference between market reference rate 33.72 and exchange rate charged 32.09
7.12
53.40
STC Pay
Firm type: Money Transfer Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High 
Receiving method
Agent
High 
17.25
5.09
Percentage difference between market reference rate 33.72 and exchange rate charged 32.00
7.39
55.43
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High 
Receiving method
Agent
High 
17.25
5.26
Percentage difference between market reference rate 33.72 and exchange rate charged 31.94
7.56
56.70
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High 
Receiving method
Agent
High 
17.25
5.73
Percentage difference between market reference rate 33.72 and exchange rate charged 31.78
8.03
60.23
Al-Rajhi Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium 
Receiving method
Agent
High 
75.00
3.79
Percentage difference between market reference rate 33.72 and exchange rate charged 32.44
13.79
103.43
Bank Albilad
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium 
Receiving method
Agent
Medium 
75.00
4.73
Percentage difference between market reference rate 33.72 and exchange rate charged 32.12
14.73
110.48
Saudi British Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium 
Receiving method
Agent
Medium 
86.25
8.32
Percentage difference between market reference rate 33.72 and exchange rate charged 30.91
19.82
148.65
Total Average First Quarter 2025
10.23
Total Average Fourth Quarter 2024
7.51
Total Average
Fee
37.72
Exchange Rate Margin (%)
5.20
Total Cost Percent (%)
10.23
Total Cost (SAR)
76.72
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