Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from UAE to BANGLADESH

Data collected on: Nov 18, 2024-Nov 29, 2024
AED | 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 (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (AED)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
19.505.31
1.97
Percentage difference between market reference rate 33.22 and exchange rate charged 32.56
1.97
4.624.62
33.969.24
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
18.004.90
1.55
Percentage difference between market reference rate 33.22 and exchange rate charged 32.70
1.55
4.004.00
29.408.00
GCC Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
Medium
15.754.29
-0.28
Percentage difference between market reference rate 33.22 and exchange rate charged 33.31
-0.28
1.861.86
13.673.72
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
19.505.31
2.00
Percentage difference between market reference rate 33.22 and exchange rate charged 32.55
2.00
4.654.65
34.189.30
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
-0.31
Percentage difference between market reference rate 33.22 and exchange rate charged 33.32
-0.31
1.831.83
13.453.66
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
19.505.31
2.00
Percentage difference between market reference rate 33.22 and exchange rate charged 32.55
2.00
4.654.65
34.189.30
Total Average Fourth Quarter 2024
3.603.60
Total Average Third Quarter 2024
8.328.32
Total Average
Fee
18.004.90
Exchange Rate Margin (%)
1.161.16
Total Cost Percent (%)
3.603.60
Total Cost (AED) Total Cost (USD)
26.477.20
Non-Transparent records
Cash
Less than one hour Same day
Cash
Payment instrument
Access point
Sending network coverage
Receiving method
GCC Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
Medium
15.754.29
-0.28
Percentage difference between market reference rate 33.22 and exchange rate charged 33.31
-0.28
0.580.58
10.642.90
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
-0.31
Percentage difference between market reference rate 33.22 and exchange rate charged 33.32
-0.31
0.550.55
10.092.75
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
18.004.90
1.55
Percentage difference between market reference rate 33.22 and exchange rate charged 32.70
1.55
2.532.53
46.4312.65
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
26.507.22
1.97
Percentage difference between market reference rate 33.22 and exchange rate charged 32.56
1.97
3.413.41
62.5717.05
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
26.507.22
2.00
Percentage difference between market reference rate 33.22 and exchange rate charged 32.55
2.00
3.443.44
63.1217.20
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
26.507.22
2.00
Percentage difference between market reference rate 33.22 and exchange rate charged 32.55
2.00
3.443.44
63.1217.20
Total Average Fourth Quarter 2024
2.332.33
Total Average Third Quarter 2024
7.017.01
Total Average
Fee
21.505.86
Exchange Rate Margin (%)
1.161.16
Total Cost Percent (%)
2.332.33
Total Cost (AED) Total Cost (USD)
42.6611.62
Non-Transparent records
Cash
Less than one hour Same day
Cash