Remittance Prices Worldwide

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Sending money from QATAR to INDIA

Data collected on: Feb 04, 2020
QAR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Doha Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
15.004.11
1.03
Percentage difference between market reference rate 19.58 and exchange rate charged 19.38
1.03
3.083.08
22.486.16
Commercial Bank
Firm type: Bank
Payment instrument
Access point
Mobile phone
Sending network coverage
Medium
Receiving method
Agent
High
10.002.74
1.72
Percentage difference between market reference rate 19.58 and exchange rate charged 19.24
1.72
3.093.09
22.566.18
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
15.004.11
1.19
Percentage difference between market reference rate 19.58 and exchange rate charged 19.35
1.19
3.253.25
23.736.50
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.004.11
1.33
Percentage difference between market reference rate 19.58 and exchange rate charged 19.32
1.33
3.393.39
24.756.78
Eastern Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
20.005.48
0.91
Percentage difference between market reference rate 19.58 and exchange rate charged 19.40
0.91
3.653.65
26.657.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
18.004.93
1.19
Percentage difference between market reference rate 19.58 and exchange rate charged 19.35
1.19
3.663.66
26.727.32
Al Dar Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
20.005.48
0.96
Percentage difference between market reference rate 19.58 and exchange rate charged 19.39
0.96
3.703.70
27.017.40
Commercial Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
15.004.11
1.72
Percentage difference between market reference rate 19.58 and exchange rate charged 19.24
1.72
3.773.77
27.527.54
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
20.005.48
1.19
Percentage difference between market reference rate 19.58 and exchange rate charged 19.35
1.19
3.933.93
28.697.86
Arabian Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
23.006.30
3.24
Percentage difference between market reference rate 19.58 and exchange rate charged 18.94
3.24
6.396.39
46.6512.78
OMM
Firm type: Money Transfer Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Agent
High
10.002.74
5.03
Percentage difference between market reference rate 19.58 and exchange rate charged 18.59
5.03
6.406.40
46.7212.80
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Home delivery
High
16.004.38
5.13
Percentage difference between market reference rate 19.58 and exchange rate charged 18.57
5.13
7.327.32
53.4414.64
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
16.004.38
5.13
Percentage difference between market reference rate 19.58 and exchange rate charged 18.57
5.13
7.327.32
53.4414.64
Total Average First Quarter
4.534.53
Total Average Fourth Quarter 2019
5.045.04
Total Average
Fee
16.384.49
Exchange Rate Margin (%)
2.292.29
Total Cost Percent (%)
4.534.53
Total Cost (QAR) Total Cost (USD)
33.109.07
Non-Transparent records
Bank account transfer Debit/credit card Mobile money Cash
Less than one hour Next day 2 days 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Doha Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
15.004.12
1.03
Percentage difference between market reference rate 19.58 and exchange rate charged 19.38
1.03
1.851.85
33.679.25
Eastern Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
20.005.49
0.91
Percentage difference between market reference rate 19.58 and exchange rate charged 19.40
0.91
2.012.01
36.5810.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
15.004.12
1.19
Percentage difference between market reference rate 19.58 and exchange rate charged 19.35
1.19
2.022.02
36.7610.10
Al Dar Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
20.005.49
0.96
Percentage difference between market reference rate 19.58 and exchange rate charged 19.39
0.96
2.062.06
37.4910.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
18.004.95
1.19
Percentage difference between market reference rate 19.58 and exchange rate charged 19.35
1.19
2.182.18
39.6810.90
Commercial Bank
Firm type: Bank
Payment instrument
Access point
Mobile phone
Sending network coverage
Medium
Receiving method
Agent
High
10.002.75
1.72
Percentage difference between market reference rate 19.58 and exchange rate charged 19.24
1.72
2.272.27
41.3111.35
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
20.005.49
1.19
Percentage difference between market reference rate 19.58 and exchange rate charged 19.35
1.19
2.292.29
41.6811.45
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
19.005.22
1.33
Percentage difference between market reference rate 19.58 and exchange rate charged 19.32
1.33
2.372.37
43.1311.85
Commercial Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
15.004.12
1.72
Percentage difference between market reference rate 19.58 and exchange rate charged 19.24
1.72
2.542.54
46.2312.70
Arabian Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
23.006.32
3.24
Percentage difference between market reference rate 19.58 and exchange rate charged 18.94
3.24
4.514.51
82.0822.55
OMM
Firm type: Money Transfer Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Agent
High
10.002.75
5.03
Percentage difference between market reference rate 19.58 and exchange rate charged 18.59
5.03
5.585.58
101.5627.90
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Home delivery
High
16.004.40
5.13
Percentage difference between market reference rate 19.58 and exchange rate charged 18.57
5.13
6.016.01
109.3830.05
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
16.004.40
5.13
Percentage difference between market reference rate 19.58 and exchange rate charged 18.57
5.13
6.016.01
109.3830.05
Total Average First Quarter
3.213.21
Total Average Fourth Quarter 2019
3.713.71
Total Average
Fee
16.694.59
Exchange Rate Margin (%)
2.292.29
Total Cost Percent (%)
3.213.21
Total Cost (QAR) Total Cost (USD)
58.3816.04
Non-Transparent records
Bank account transfer Debit/credit card Mobile money Cash
Less than one hour Next day 2 days 3-5 days
Bank account Cash