Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from UAE to INDONESIA

Data collected on: Feb 19, 2024-Feb 26, 2024
AED | USD
Payment instrument
Access point
Sending network coverage
Transfer speedsort descending
<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
Medium
21.005.71
1.88
Percentage difference between market reference rate 4,255.49 and exchange rate charged 4,175.36
1.88
4.744.74
34.849.48
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
21.005.71
1.74
Percentage difference between market reference rate 4,263.66 and exchange rate charged 4,189.60
1.74
4.604.60
33.819.20
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
21.005.71
1.79
Percentage difference between market reference rate 4,245.83 and exchange rate charged 4,169.93
1.79
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
31.508.57
2.35
Percentage difference between market reference rate 4,249.82 and exchange rate charged 4,150.07
2.35
6.646.64
48.8013.28
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.78
Percentage difference between market reference rate 4,255.49 and exchange rate charged 4,222.28
0.78
2.922.92
21.465.84
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
15.754.29
0.78
Percentage difference between market reference rate 4,255.49 and exchange rate charged 4,222.28
0.78
2.922.92
21.465.84
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
39.8610.85
0.00
Percentage difference between market reference rate 4,255.49 and exchange rate charged 4,255.44
0.00
5.425.42
39.8410.84
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
36.9810.06
0.00
Percentage difference between market reference rate 4,255.49 and exchange rate charged 4,255.44
0.00
5.035.03
36.9710.06
Total Average First Quarter
4.624.62
Total Average Fourth Quarter 2023
4.514.51
Total Average
Fee
25.366.90
Exchange Rate Margin (%)
1.171.17
Total Cost Percent (%)
4.624.62
Total Cost (AED) Total Cost (USD)
33.929.23
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
21.005.72
1.88
Percentage difference between market reference rate 4,255.49 and exchange rate charged 4,175.36
1.88
3.023.02
55.4215.10
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
21.005.72
1.74
Percentage difference between market reference rate 4,263.66 and exchange rate charged 4,189.60
1.74
2.882.88
52.8514.40
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
21.005.72
1.79
Percentage difference between market reference rate 4,245.83 and exchange rate charged 4,169.93
1.79
2.932.93
53.7714.65
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
31.508.58
2.35
Percentage difference between market reference rate 4,249.82 and exchange rate charged 4,150.07
2.35
4.074.07
74.6820.35
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.78
Percentage difference between market reference rate 4,255.49 and exchange rate charged 4,222.28
0.78
1.641.64
30.098.20
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
15.754.29
0.78
Percentage difference between market reference rate 4,255.49 and exchange rate charged 4,222.28
0.78
1.641.64
30.098.20
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
88.1724.02
0.00
Percentage difference between market reference rate 4,255.49 and exchange rate charged 4,255.44
0.00
4.804.80
88.0824.00
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
81.0022.07
0.00
Percentage difference between market reference rate 4,255.49 and exchange rate charged 4,255.44
0.00
4.414.41
80.9222.05
Total Average First Quarter
3.173.17
Total Average Fourth Quarter 2023
3.073.07
Total Average
Fee
36.9010.05
Exchange Rate Margin (%)
1.171.17
Total Cost Percent (%)
3.173.17
Total Cost (AED) Total Cost (USD)
58.2415.87
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day
Bank account Cash