Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From AEUAE you can also send money to

Sending money from UAE to NEPAL

Data collected on: Feb 19, 2024-Mar 05, 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.
GCC Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
Medium
6.001.63
0.27
Percentage difference between market reference rate 36.12 and exchange rate charged 36.02
0.27
1.091.09
8.012.18
Emirates International Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
15.754.29
0.45
Percentage difference between market reference rate 36.14 and exchange rate charged 35.98
0.45
2.592.59
19.045.18
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
15.754.29
0.56
Percentage difference between market reference rate 36.11 and exchange rate charged 35.91
0.56
2.702.70
19.855.40
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
15.754.29
0.29
Percentage difference between market reference rate 36.11 and exchange rate charged 36.00
0.29
2.432.43
17.864.86
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.56
Percentage difference between market reference rate 36.11 and exchange rate charged 35.91
0.56
2.702.70
19.855.40
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.29
Percentage difference between market reference rate 36.17 and exchange rate charged 36.06
0.29
2.432.43
17.864.86
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.23
Percentage difference between market reference rate 36.12 and exchange rate charged 36.04
0.23
2.372.37
17.424.74
Emirates International Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
15.754.29
0.45
Percentage difference between market reference rate 36.14 and exchange rate charged 35.98
0.45
2.592.59
19.045.18
Wall St Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
15.754.29
0.36
Percentage difference between market reference rate 36.13 and exchange rate charged 36.00
0.36
2.502.50
18.385.00
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
15.754.29
0.37
Percentage difference between market reference rate 36.14 and exchange rate charged 36.01
0.37
2.512.51
18.455.02
Al Ahalia Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
15.754.29
0.15
Percentage difference between market reference rate 36.16 and exchange rate charged 36.11
0.15
2.292.29
16.834.58
Emirates International Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
15.754.29
0.45
Percentage difference between market reference rate 36.14 and exchange rate charged 35.98
0.45
2.592.59
19.045.18
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
16.754.56
0.29
Percentage difference between market reference rate 36.11 and exchange rate charged 36.00
0.29
2.572.57
18.895.14
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
17.004.63
0.29
Percentage difference between market reference rate 36.17 and exchange rate charged 36.06
0.29
2.602.60
19.115.20
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
17.004.63
0.29
Percentage difference between market reference rate 36.17 and exchange rate charged 36.06
0.29
2.602.60
19.115.20
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
24.906.78
0.29
Percentage difference between market reference rate 36.17 and exchange rate charged 36.06
0.29
3.683.68
27.057.36
Mashreq Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
26.257.14
0.32
Percentage difference between market reference rate 36.14 and exchange rate charged 36.02
0.32
3.893.89
28.597.78
Mashreq Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
26.257.14
0.32
Percentage difference between market reference rate 36.14 and exchange rate charged 36.02
0.32
3.893.89
28.597.78
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
46.3412.61
0.02
Percentage difference between market reference rate 36.11 and exchange rate charged 36.11
0.02
6.326.32
46.4512.64
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
49.2113.39
-0.02
Percentage difference between market reference rate 36.11 and exchange rate charged 36.11
-0.02
6.686.68
49.1013.36
Total Average First Quarter
3.053.05
Total Average Fourth Quarter 2023
3.083.08
Total Average
Fee
20.155.48
Exchange Rate Margin (%)
0.310.31
Total Cost Percent (%)
3.053.05
Total Cost (AED) Total Cost (USD)
22.436.10
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Next day 2 days
Bank account Cash Own/partner bank account
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
6.001.63
0.27
Percentage difference between market reference rate 36.12 and exchange rate charged 36.02
0.27
0.600.60
11.013.00
Al Ahalia Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
15.754.29
0.15
Percentage difference between market reference rate 36.16 and exchange rate charged 36.11
0.15
1.011.01
18.535.05
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.23
Percentage difference between market reference rate 36.12 and exchange rate charged 36.04
0.23
1.091.09
20.005.45
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
15.754.29
0.29
Percentage difference between market reference rate 36.11 and exchange rate charged 36.00
0.29
1.151.15
21.105.75
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
21.005.72
0.29
Percentage difference between market reference rate 36.17 and exchange rate charged 36.06
0.29
1.431.43
26.247.15
Wall St Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
15.754.29
0.36
Percentage difference between market reference rate 36.13 and exchange rate charged 36.00
0.36
1.221.22
22.396.10
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
15.754.29
0.37
Percentage difference between market reference rate 36.14 and exchange rate charged 36.01
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
Medium
16.754.56
0.29
Percentage difference between market reference rate 36.11 and exchange rate charged 36.00
0.29
1.201.20
22.026.00
Emirates International Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
15.754.29
0.45
Percentage difference between market reference rate 36.14 and exchange rate charged 35.98
0.45
1.311.31
24.046.55
Emirates International Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
15.754.29
0.45
Percentage difference between market reference rate 36.14 and exchange rate charged 35.98
0.45
1.311.31
24.046.55
Emirates International Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
15.754.29
0.45
Percentage difference between market reference rate 36.14 and exchange rate charged 35.98
0.45
1.311.31
24.046.55
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
23.006.27
0.29
Percentage difference between market reference rate 36.17 and exchange rate charged 36.06
0.29
1.541.54
28.267.70
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
23.006.27
0.29
Percentage difference between market reference rate 36.17 and exchange rate charged 36.06
0.29
1.541.54
28.267.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.56
Percentage difference between market reference rate 36.11 and exchange rate charged 35.91
0.56
1.421.42
26.067.10
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
15.754.29
0.56
Percentage difference between market reference rate 36.11 and exchange rate charged 35.91
0.56
1.421.42
26.067.10
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
42.5011.58
0.29
Percentage difference between market reference rate 36.17 and exchange rate charged 36.06
0.29
2.612.61
47.8913.05
Mashreq Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
26.257.15
0.32
Percentage difference between market reference rate 36.14 and exchange rate charged 36.02
0.32
1.751.75
32.118.75
Mashreq Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
26.257.15
0.32
Percentage difference between market reference rate 36.14 and exchange rate charged 36.02
0.32
1.751.75
32.118.75
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
92.5625.22
0.00
Percentage difference between market reference rate 36.11 and exchange rate charged 36.11
0.00
5.045.04
92.4825.20
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
99.7227.17
-0.02
Percentage difference between market reference rate 36.11 and exchange rate charged 36.11
-0.02
5.415.41
99.2727.05
Total Average First Quarter
1.771.77
Total Average Fourth Quarter 2023
1.791.79
Total Average
Fee
26.737.28
Exchange Rate Margin (%)
0.310.31
Total Cost Percent (%)
1.771.77
Total Cost (AED) Total Cost (USD)
32.428.83
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Next day 2 days
Bank account Cash Own/partner bank account