Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from UAE to PHILIPPINES

Data collected on: May 21, 2024-Jun 03, 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
24.256.60
0.65
Percentage difference between market reference rate 15.98 and exchange rate charged 15.88
0.65
3.953.95
29.037.90
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
38.7510.54
-0.33
Percentage difference between market reference rate 15.79 and exchange rate charged 15.85
-0.33
4.944.94
36.319.88
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
41.6111.32
-0.33
Percentage difference between market reference rate 15.79 and exchange rate charged 15.85
-0.33
5.335.33
39.1810.66
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
15.754.29
0.64
Percentage difference between market reference rate 15.84 and exchange rate charged 15.74
0.64
2.782.78
20.435.56
DirectRemit (NBD)
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
1.14
Percentage difference between market reference rate 15.85 and exchange rate charged 15.67
1.14
1.141.14
8.382.28
GCC Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
6.001.63
0.27
Percentage difference between market reference rate 15.84 and exchange rate charged 15.80
0.27
1.091.09
8.012.18
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
21.005.71
0.11
Percentage difference between market reference rate 15.84 and exchange rate charged 15.82
0.11
2.972.97
21.835.94
Wall St Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
15.754.29
0.22
Percentage difference between market reference rate 15.84 and exchange rate charged 15.80
0.22
2.362.36
17.354.72
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
10.502.86
0.57
Percentage difference between market reference rate 15.89 and exchange rate charged 15.80
0.57
2.002.00
14.704.00
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
24.006.53
-0.32
Percentage difference between market reference rate 15.77 and exchange rate charged 15.82
-0.32
2.952.95
21.685.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.52
Percentage difference between market reference rate 15.84 and exchange rate charged 15.76
0.52
2.662.66
19.555.32
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
24.006.53
-0.32
Percentage difference between market reference rate 15.77 and exchange rate charged 15.82
-0.32
2.952.95
21.685.90
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
10.502.86
0.57
Percentage difference between market reference rate 15.89 and exchange rate charged 15.80
0.57
2.002.00
14.704.00
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
10.502.86
0.57
Percentage difference between market reference rate 15.89 and exchange rate charged 15.80
0.57
2.002.00
14.704.00
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
10.502.86
0.57
Percentage difference between market reference rate 15.89 and exchange rate charged 15.80
0.57
2.002.00
14.704.00
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
24.256.60
-0.55
Percentage difference between market reference rate 15.78 and exchange rate charged 15.87
-0.55
2.752.75
20.215.50
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
24.006.53
-0.32
Percentage difference between market reference rate 15.77 and exchange rate charged 15.82
-0.32
2.952.95
21.685.90
Wall St Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
21.005.71
0.22
Percentage difference between market reference rate 15.84 and exchange rate charged 15.80
0.22
3.083.08
22.646.16
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
24.256.60
0.65
Percentage difference between market reference rate 15.98 and exchange rate charged 15.88
0.65
3.953.95
29.037.90
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
24.256.60
0.65
Percentage difference between market reference rate 15.98 and exchange rate charged 15.88
0.65
3.953.95
29.037.90
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
24.006.53
-0.32
Percentage difference between market reference rate 15.77 and exchange rate charged 15.82
-0.32
2.952.95
21.685.90
Total Average Second Quarter
2.892.89
Total Average First Quarter
2.852.85
Total Average
Fee
19.555.32
Exchange Rate Margin (%)
0.230.23
Total Cost Percent (%)
2.892.89
Total Cost (AED) Total Cost (USD)
21.265.79
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day 2 days
Bank account 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
High
6.001.63
0.27
Percentage difference between market reference rate 15.84 and exchange rate charged 15.80
0.27
0.600.60
11.013.00
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
24.256.61
-0.55
Percentage difference between market reference rate 15.78 and exchange rate charged 15.87
-0.55
0.770.77
14.133.85
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
24.006.54
-0.32
Percentage difference between market reference rate 15.77 and exchange rate charged 15.82
-0.32
0.990.99
18.174.95
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
24.006.54
-0.32
Percentage difference between market reference rate 15.77 and exchange rate charged 15.82
-0.32
0.990.99
18.174.95
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
24.006.54
-0.32
Percentage difference between market reference rate 15.77 and exchange rate charged 15.82
-0.32
0.990.99
18.174.95
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
24.006.54
-0.32
Percentage difference between market reference rate 15.77 and exchange rate charged 15.82
-0.32
0.990.99
18.174.95
Wall St Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
15.754.29
0.22
Percentage difference between market reference rate 15.84 and exchange rate charged 15.80
0.22
1.081.08
19.825.40
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
10.502.86
0.57
Percentage difference between market reference rate 15.89 and exchange rate charged 15.80
0.57
1.141.14
20.925.70
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
10.502.86
0.57
Percentage difference between market reference rate 15.89 and exchange rate charged 15.80
0.57
1.141.14
20.925.70
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
10.502.86
0.57
Percentage difference between market reference rate 15.89 and exchange rate charged 15.80
0.57
1.141.14
20.925.70
DirectRemit (NBD)
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
1.14
Percentage difference between market reference rate 15.85 and exchange rate charged 15.67
1.14
1.141.14
20.925.70
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
10.502.86
0.57
Percentage difference between market reference rate 15.89 and exchange rate charged 15.80
0.57
1.141.14
20.925.70
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
21.005.72
0.11
Percentage difference between market reference rate 15.84 and exchange rate charged 15.82
0.11
1.251.25
22.946.25
Wall St Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
21.005.72
0.22
Percentage difference between market reference rate 15.84 and exchange rate charged 15.80
0.22
1.361.36
24.966.80
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.52
Percentage difference between market reference rate 15.84 and exchange rate charged 15.76
0.52
1.381.38
25.326.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
15.754.29
0.64
Percentage difference between market reference rate 15.84 and exchange rate charged 15.74
0.64
1.501.50
27.537.50
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
26.507.22
0.65
Percentage difference between market reference rate 15.98 and exchange rate charged 15.88
0.65
2.092.09
38.3510.45
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
26.507.22
0.65
Percentage difference between market reference rate 15.98 and exchange rate charged 15.88
0.65
2.092.09
38.3510.45
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
26.507.22
0.65
Percentage difference between market reference rate 15.98 and exchange rate charged 15.88
0.65
2.092.09
38.3510.45
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
83.9622.88
-0.33
Percentage difference between market reference rate 15.79 and exchange rate charged 15.85
-0.33
4.254.25
77.9921.25
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
91.1324.83
-0.32
Percentage difference between market reference rate 15.79 and exchange rate charged 15.84
-0.32
4.654.65
85.3323.25
Total Average Second Quarter
1.561.56
Total Average First Quarter
1.601.60
Total Average
Fee
24.396.64
Exchange Rate Margin (%)
0.230.23
Total Cost Percent (%)
1.561.56
Total Cost (AED) Total Cost (USD)
28.647.80
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day 2 days
Bank account Cash