Remittance Prices Worldwide

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Sending money from UAE to INDIA

Data collected on: Feb 21, 2022-Mar 02, 2022
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)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.
Kotak Click2Remit
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.39
Percentage difference between market reference rate 20.33 and exchange rate charged 20.25
0.39
0.390.39
2.870.78
DirectRemit (NBD)
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.61
Percentage difference between market reference rate 20.29 and exchange rate charged 20.17
0.61
0.610.61
4.481.22
RemitMoney
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.78
Percentage difference between market reference rate 20.33 and exchange rate charged 20.17
0.78
0.780.78
5.731.56
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
15.754.29
0.37
Percentage difference between market reference rate 20.63 and exchange rate charged 20.55
0.37
2.522.52
18.525.04
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
15.754.29
0.37
Percentage difference between market reference rate 20.63 and exchange rate charged 20.55
0.37
2.522.52
18.525.04
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
17.004.63
0.64
Percentage difference between market reference rate 20.32 and exchange rate charged 20.19
0.64
2.952.95
21.685.90
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
17.004.63
0.72
Percentage difference between market reference rate 20.32 and exchange rate charged 20.17
0.72
3.033.03
22.276.06
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
15.004.08
1.02
Percentage difference between market reference rate 20.59 and exchange rate charged 20.38
1.02
3.073.07
22.566.14
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.004.08
1.02
Percentage difference between market reference rate 20.59 and exchange rate charged 20.38
1.02
3.073.07
22.566.14
GCC Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
15.754.29
0.96
Percentage difference between market reference rate 20.41 and exchange rate charged 20.21
0.96
3.103.10
22.796.20
Wall St Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
17.004.63
0.88
Percentage difference between market reference rate 20.32 and exchange rate charged 20.14
0.88
3.193.19
23.456.38
Wall St Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
17.004.63
0.88
Percentage difference between market reference rate 20.32 and exchange rate charged 20.14
0.88
3.193.19
23.456.38
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center, Agent
Sending network coverage
High
Receiving method
High
17.004.63
1.16
Percentage difference between market reference rate 20.41 and exchange rate charged 20.17
1.16
3.473.47
25.506.94
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center, Agent
Sending network coverage
High
Receiving method
High
17.004.63
1.16
Percentage difference between market reference rate 20.41 and exchange rate charged 20.17
1.16
3.473.47
25.506.94
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
21.005.71
0.64
Percentage difference between market reference rate 20.63 and exchange rate charged 20.50
0.64
3.503.50
25.737.00
Dubai Islamic Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
52.5014.29
0.74
Percentage difference between market reference rate 20.32 and exchange rate charged 20.17
0.74
7.897.89
57.9915.78
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
17.644.80
12.74
Percentage difference between market reference rate 20.46 and exchange rate charged 17.86
12.74
15.1415.14
111.2830.28
Total Average First Quarter
3.643.64
Total Average Fourth Quarter 2021
3.503.50
Total Average
Fee
15.914.33
Exchange Rate Margin (%)
1.481.48
Total Cost Percent (%)
3.643.64
Total Cost (AED) Total Cost (USD)
26.767.28
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour 2 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Kotak Click2Remit
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.39
Percentage difference between market reference rate 20.33 and exchange rate charged 20.25
0.39
0.390.39
7.161.95
DirectRemit (NBD)
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.61
Percentage difference between market reference rate 20.29 and exchange rate charged 20.17
0.61
0.610.61
11.193.05
RemitMoney
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.64
Percentage difference between market reference rate 20.33 and exchange rate charged 20.20
0.64
0.640.64
11.743.20
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
15.754.29
0.37
Percentage difference between market reference rate 20.63 and exchange rate charged 20.55
0.37
1.231.23
22.576.15
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
15.754.29
0.37
Percentage difference between market reference rate 20.63 and exchange rate charged 20.55
0.37
1.231.23
22.576.15
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
21.005.72
0.64
Percentage difference between market reference rate 20.63 and exchange rate charged 20.50
0.64
1.781.78
32.668.90
GCC Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
15.754.29
0.96
Percentage difference between market reference rate 20.41 and exchange rate charged 20.21
0.96
1.821.82
33.409.10
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.004.09
1.02
Percentage difference between market reference rate 20.59 and exchange rate charged 20.38
1.02
1.841.84
33.769.20
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
15.004.09
1.02
Percentage difference between market reference rate 20.59 and exchange rate charged 20.38
1.02
1.841.84
33.769.20
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
21.005.72
0.72
Percentage difference between market reference rate 20.32 and exchange rate charged 20.17
0.72
1.871.87
34.319.35
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
23.006.27
0.64
Percentage difference between market reference rate 20.32 and exchange rate charged 20.19
0.64
1.891.89
34.689.45
Wall St Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
23.006.27
0.88
Percentage difference between market reference rate 20.32 and exchange rate charged 20.14
0.88
2.132.13
39.0910.65
Wall St Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
23.006.27
0.88
Percentage difference between market reference rate 20.32 and exchange rate charged 20.14
0.88
2.132.13
39.0910.65
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center, Agent
Sending network coverage
High
Receiving method
High
23.006.27
1.16
Percentage difference between market reference rate 20.41 and exchange rate charged 20.17
1.16
2.412.41
44.2212.05
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center, Agent
Sending network coverage
High
Receiving method
High
23.006.27
1.16
Percentage difference between market reference rate 20.41 and exchange rate charged 20.17
1.16
2.412.41
44.2212.05
Dubai Islamic Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
52.5014.31
0.74
Percentage difference between market reference rate 20.32 and exchange rate charged 20.17
0.74
3.603.60
66.0618.00
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
23.106.29
12.74
Percentage difference between market reference rate 20.46 and exchange rate charged 17.86
12.74
14.0014.00
256.9070.00
Total Average First Quarter
2.462.46
Total Average Fourth Quarter 2021
2.272.27
Total Average
Fee
18.234.97
Exchange Rate Margin (%)
1.471.47
Total Cost Percent (%)
2.462.46
Total Cost (AED) Total Cost (USD)
45.1412.30
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour 2 days
Bank account Cash