Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Transfer money

Sending money from OMAN to SRI LANKA

Data collected on: Nov 09, 2021-Nov 11, 2021
OMR | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Disbursing network coverage
Fee
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 (OMR)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.
Firm
Mustafa Sultan Exchange Co
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Low
Fee
2.105.60
Exchange rate margin (%)
-0.12
Percentage difference between market reference rate 523.39 and exchange rate charged 524.00-0.12
Total cost (%)
2.682.68
Total cost (OMR)sort descendingTotal cost (USD)sort descending
2.015.36
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.005.33
Exchange rate margin (%)
0.13
Percentage difference between market reference rate 524.68 and exchange rate charged 524.000.13
Total cost (%)
2.802.80
Total cost (OMR)sort descendingTotal cost (USD)sort descending
2.105.60
Firm
Musandam Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.005.33
Exchange rate margin (%)
0.13
Percentage difference between market reference rate 524.70 and exchange rate charged 524.000.13
Total cost (%)
2.802.80
Total cost (OMR)sort descendingTotal cost (USD)sort descending
2.105.60
Firm
Asia Express Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
2.105.60
Exchange rate margin (%)
0.13
Percentage difference between market reference rate 524.69 and exchange rate charged 524.000.13
Total cost (%)
2.932.93
Total cost (OMR)sort descendingTotal cost (USD)sort descending
2.205.87
Firm
SBI Express
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Low
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.105.60
Exchange rate margin (%)
0.13
Percentage difference between market reference rate 524.69 and exchange rate charged 524.000.13
Total cost (%)
2.932.93
Total cost (OMR)sort descendingTotal cost (USD)sort descending
2.205.87
Firm
Ezremit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.005.33
Exchange rate margin (%)
0.55
Percentage difference between market reference rate 524.70 and exchange rate charged 521.800.55
Total cost (%)
3.223.22
Total cost (OMR)sort descendingTotal cost (USD)sort descending
2.426.45
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.105.60
Exchange rate margin (%)
1.59
Percentage difference between market reference rate 524.68 and exchange rate charged 516.361.59
Total cost (%)
4.394.39
Total cost (OMR)sort descendingTotal cost (USD)sort descending
3.298.77
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.105.60
Exchange rate margin (%)
1.59
Percentage difference between market reference rate 524.68 and exchange rate charged 516.361.59
Total cost (%)
4.394.39
Total cost (OMR)sort descendingTotal cost (USD)sort descending
3.298.77
Total Average Fourth Quarter 2021
3.273.27
Total Average Second Quarter 2021
3.763.76
Total Average
Fee
2.065.50
Exchange Rate Margin (%)
0.520.52
Total Cost Percent (%)
3.273.27
Total Cost (OMR) Total Cost (USD)
2.456.54
Non-Transparent records
Credit Card Debit card Cash
Less than one hour 2 days
Bank account Cash
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (OMR)sort descendingTotal cost (USD)sort descending
Firm
Mustafa Sultan Exchange Co
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Low
Fee
2.105.53
Exchange rate margin (%)
-0.12
Percentage difference between market reference rate 523.39 and exchange rate charged 524.00-0.12
Total cost (%)
0.990.99
Total cost (OMR)sort descendingTotal cost (USD)sort descending
1.884.95
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.005.26
Exchange rate margin (%)
0.13
Percentage difference between market reference rate 524.68 and exchange rate charged 524.000.13
Total cost (%)
1.181.18
Total cost (OMR)sort descendingTotal cost (USD)sort descending
2.245.89
Firm
Musandam Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.005.26
Exchange rate margin (%)
0.13
Percentage difference between market reference rate 524.70 and exchange rate charged 524.000.13
Total cost (%)
1.191.19
Total cost (OMR)sort descendingTotal cost (USD)sort descending
2.265.95
Firm
SBI Express
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Low
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.105.53
Exchange rate margin (%)
0.13
Percentage difference between market reference rate 524.69 and exchange rate charged 524.000.13
Total cost (%)
1.241.24
Total cost (OMR)sort descendingTotal cost (USD)sort descending
2.366.21
Firm
Asia Express Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
2.105.53
Exchange rate margin (%)
0.13
Percentage difference between market reference rate 524.69 and exchange rate charged 524.000.13
Total cost (%)
1.241.24
Total cost (OMR)sort descendingTotal cost (USD)sort descending
2.366.21
Firm
Ezremit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.005.26
Exchange rate margin (%)
0.55
Percentage difference between market reference rate 524.70 and exchange rate charged 521.800.55
Total cost (%)
1.601.60
Total cost (OMR)sort descendingTotal cost (USD)sort descending
3.048.00
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.105.53
Exchange rate margin (%)
1.59
Percentage difference between market reference rate 524.68 and exchange rate charged 516.361.59
Total cost (%)
2.692.69
Total cost (OMR)sort descendingTotal cost (USD)sort descending
5.1113.45
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.105.53
Exchange rate margin (%)
1.59
Percentage difference between market reference rate 524.68 and exchange rate charged 516.361.59
Total cost (%)
2.692.69
Total cost (OMR)sort descendingTotal cost (USD)sort descending
5.1113.45
Total Average Fourth Quarter 2021
1.601.60
Total Average Second Quarter 2021
2.152.15
Total Average
Fee
2.065.43
Exchange Rate Margin (%)
0.520.52
Total Cost Percent (%)
1.601.60
Total Cost (OMR) Total Cost (USD)
3.058.01
Non-Transparent records
Credit Card Debit card Cash
Less than one hour 2 days
Bank account Cash
Least Costly Corridors To Sri Lanka
Least Costly Corridors From Oman
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