Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From SASaudi Arabia you can also send money to
Transfer money

Sending money from SAUDI ARABIA to PAKISTAN

Data collected on: Feb 27, 2023-Mar 06, 2023
SAR | 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 (SAR)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
Al-Rajhi Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
15.004.00
Exchange rate margin (%)
0.78
Percentage difference between market reference rate 73.27 and exchange rate charged 72.700.78
Total cost (%)
2.782.78
Total cost (SAR)sort descendingTotal cost (USD)sort descending
20.855.56
Firm
Al-Rajhi Bank
Firm type: Bank
 
Payment instrument
Access point
Call Center
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
15.004.00
Exchange rate margin (%)
0.78
Percentage difference between market reference rate 73.27 and exchange rate charged 72.700.78
Total cost (%)
2.782.78
Total cost (SAR)sort descendingTotal cost (USD)sort descending
20.855.56
Firm
STC Pay
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
17.254.60
Exchange rate margin (%)
0.59
Percentage difference between market reference rate 73.01 and exchange rate charged 72.580.59
Total cost (%)
2.892.89
Total cost (SAR)sort descendingTotal cost (USD)sort descending
21.685.78
Firm
Fawri
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
11.503.07
Exchange rate margin (%)
1.52
Percentage difference between market reference rate 69.68 and exchange rate charged 68.621.52
Total cost (%)
3.053.05
Total cost (SAR)sort descendingTotal cost (USD)sort descending
22.886.10
Firm
Fawri
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
15.004.00
Exchange rate margin (%)
1.10
Percentage difference between market reference rate 69.39 and exchange rate charged 68.621.10
Total cost (%)
3.103.10
Total cost (SAR)sort descendingTotal cost (USD)sort descending
23.256.20
Firm
Fawri
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
15.004.00
Exchange rate margin (%)
1.10
Percentage difference between market reference rate 69.39 and exchange rate charged 68.621.10
Total cost (%)
3.103.10
Total cost (SAR)sort descendingTotal cost (USD)sort descending
23.256.20
Firm
Fawri
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
15.004.00
Exchange rate margin (%)
1.10
Percentage difference between market reference rate 69.39 and exchange rate charged 68.621.10
Total cost (%)
3.103.10
Total cost (SAR)sort descendingTotal cost (USD)sort descending
23.256.20
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
17.254.60
Exchange rate margin (%)
1.22
Percentage difference between market reference rate 69.39 and exchange rate charged 68.541.22
Total cost (%)
3.523.52
Total cost (SAR)sort descendingTotal cost (USD)sort descending
26.407.04
Firm
STC Pay
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
17.254.60
Exchange rate margin (%)
1.44
Percentage difference between market reference rate 70.95 and exchange rate charged 69.921.44
Total cost (%)
3.743.74
Total cost (SAR)sort descendingTotal cost (USD)sort descending
28.057.48
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
21.005.60
Exchange rate margin (%)
1.65
Percentage difference between market reference rate 69.39 and exchange rate charged 68.241.65
Total cost (%)
4.454.45
Total cost (SAR)sort descendingTotal cost (USD)sort descending
33.388.90
Firm
TeleMoney
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
26.006.93
Exchange rate margin (%)
2.15
Percentage difference between market reference rate 73.27 and exchange rate charged 71.702.15
Total cost (%)
5.625.62
Total cost (SAR)sort descendingTotal cost (USD)sort descending
42.1511.24
Firm
Bank Albilad
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
75.0020.00
Exchange rate margin (%)
-0.85
Percentage difference between market reference rate 72.74 and exchange rate charged 73.36-0.85
Total cost (%)
9.159.15
Total cost (SAR)sort descendingTotal cost (USD)sort descending
68.6318.30
Total Average First Quarter
3.943.94
Total Average Fourth Quarter 2022
4.184.18
Total Average
Fee
21.695.78
Exchange Rate Margin (%)
1.051.05
Total Cost Percent (%)
3.943.94
Total Cost (SAR) Total Cost (USD)
29.557.88
Non-Transparent records
Bank account transfer Mobile money Cash
Same day
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 (SAR)sort descendingTotal cost (USD)sort descending
Firm
STC Pay
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
17.254.61
Exchange rate margin (%)
0.65
Percentage difference between market reference rate 73.01 and exchange rate charged 72.530.65
Total cost (%)
1.571.57
Total cost (SAR)sort descendingTotal cost (USD)sort descending
29.367.85
Firm
Fawri
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
15.004.01
Exchange rate margin (%)
1.10
Percentage difference between market reference rate 69.39 and exchange rate charged 68.621.10
Total cost (%)
1.901.90
Total cost (SAR)sort descendingTotal cost (USD)sort descending
35.539.50
Firm
Fawri
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
15.004.01
Exchange rate margin (%)
1.10
Percentage difference between market reference rate 69.39 and exchange rate charged 68.621.10
Total cost (%)
1.901.90
Total cost (SAR)sort descendingTotal cost (USD)sort descending
35.539.50
Firm
Fawri
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
15.004.01
Exchange rate margin (%)
1.10
Percentage difference between market reference rate 69.39 and exchange rate charged 68.621.10
Total cost (%)
1.901.90
Total cost (SAR)sort descendingTotal cost (USD)sort descending
35.539.50
Firm
Al-Rajhi Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
25.006.68
Exchange rate margin (%)
0.78
Percentage difference between market reference rate 73.27 and exchange rate charged 72.700.78
Total cost (%)
2.122.12
Total cost (SAR)sort descendingTotal cost (USD)sort descending
39.6410.60
Firm
Al-Rajhi Bank
Firm type: Bank
 
Payment instrument
Access point
Call Center
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
25.006.68
Exchange rate margin (%)
0.78
Percentage difference between market reference rate 73.27 and exchange rate charged 72.700.78
Total cost (%)
2.122.12
Total cost (SAR)sort descendingTotal cost (USD)sort descending
39.6410.60
Firm
Fawri
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
11.503.07
Exchange rate margin (%)
1.52
Percentage difference between market reference rate 69.68 and exchange rate charged 68.621.52
Total cost (%)
2.132.13
Total cost (SAR)sort descendingTotal cost (USD)sort descending
39.8310.65
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
17.254.61
Exchange rate margin (%)
1.22
Percentage difference between market reference rate 69.39 and exchange rate charged 68.541.22
Total cost (%)
2.142.14
Total cost (SAR)sort descendingTotal cost (USD)sort descending
40.0210.70
Firm
STC Pay
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
17.254.61
Exchange rate margin (%)
1.44
Percentage difference between market reference rate 70.95 and exchange rate charged 69.921.44
Total cost (%)
2.362.36
Total cost (SAR)sort descendingTotal cost (USD)sort descending
44.1311.80
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
21.005.61
Exchange rate margin (%)
1.65
Percentage difference between market reference rate 69.39 and exchange rate charged 68.241.65
Total cost (%)
2.772.77
Total cost (SAR)sort descendingTotal cost (USD)sort descending
51.8013.85
Firm
Bank Albilad
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
75.0020.05
Exchange rate margin (%)
-0.85
Percentage difference between market reference rate 72.74 and exchange rate charged 73.36-0.85
Total cost (%)
3.163.16
Total cost (SAR)sort descendingTotal cost (USD)sort descending
59.0915.80
Firm
TeleMoney
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
26.006.95
Exchange rate margin (%)
2.15
Percentage difference between market reference rate 73.27 and exchange rate charged 71.702.15
Total cost (%)
3.543.54
Total cost (SAR)sort descendingTotal cost (USD)sort descending
66.2017.70
Total Average First Quarter
2.302.30
Total Average Fourth Quarter 2022
2.572.57
Total Average
Fee
23.356.24
Exchange Rate Margin (%)
1.051.05
Total Cost Percent (%)
2.302.30
Total Cost (SAR) Total Cost (USD)
43.0311.50
Non-Transparent records
Bank account transfer Mobile money Cash
Same day
Bank account Cash
Least Costly Corridors To Pakistan
Least Costly Corridors From Saudi Arabia
      © 2015 The World Bank Group, All Rights Reserved