Remittance Prices Worldwide

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Transfer money

Sending money from QATAR to SRI LANKA

Data collected on: Feb 05, 2020
QAR | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (QAR)sort descendingTotal cost (USD)sort descending
Firm
Commercial Bank
Firm type: Bank
 
Payment instrument
Access point
Mobile phone
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
10.002.74
Exchange rate margin (%)
0.72
Percentage difference between market reference rate 49.82 and exchange rate charged 49.460.72
Total cost (%)
2.092.09
Total cost (QAR)sort descendingTotal cost (USD)sort descending
15.264.18
Firm
OMM
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
15.004.11
Exchange rate margin (%)
0.36
Percentage difference between market reference rate 49.82 and exchange rate charged 49.640.36
Total cost (%)
2.422.42
Total cost (QAR)sort descendingTotal cost (USD)sort descending
17.674.84
Firm
Doha Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.004.11
Exchange rate margin (%)
0.75
Percentage difference between market reference rate 49.82 and exchange rate charged 49.440.75
Total cost (%)
2.802.80
Total cost (QAR)sort descendingTotal cost (USD)sort descending
20.445.60
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
15.004.11
Exchange rate margin (%)
0.85
Percentage difference between market reference rate 49.82 and exchange rate charged 49.390.85
Total cost (%)
2.902.90
Total cost (QAR)sort descendingTotal cost (USD)sort descending
21.175.80
Firm
Eastern Exchange Co
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
20.005.48
Exchange rate margin (%)
0.25
Percentage difference between market reference rate 49.82 and exchange rate charged 49.690.25
Total cost (%)
2.992.99
Total cost (QAR)sort descendingTotal cost (USD)sort descending
21.835.98
Firm
Al Dar 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
20.005.48
Exchange rate margin (%)
0.46
Percentage difference between market reference rate 49.82 and exchange rate charged 49.590.46
Total cost (%)
3.203.20
Total cost (QAR)sort descendingTotal cost (USD)sort descending
23.366.40
Firm
Ezremit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.004.11
Exchange rate margin (%)
1.16
Percentage difference between market reference rate 49.82 and exchange rate charged 49.241.16
Total cost (%)
3.223.22
Total cost (QAR)sort descendingTotal cost (USD)sort descending
23.516.44
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
18.004.93
Exchange rate margin (%)
0.85
Percentage difference between market reference rate 49.82 and exchange rate charged 49.390.85
Total cost (%)
3.313.31
Total cost (QAR)sort descendingTotal cost (USD)sort descending
24.166.62
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
20.005.48
Exchange rate margin (%)
0.85
Percentage difference between market reference rate 49.82 and exchange rate charged 49.390.85
Total cost (%)
3.593.59
Total cost (QAR)sort descendingTotal cost (USD)sort descending
26.217.18
Firm
Lari
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
20.005.48
Exchange rate margin (%)
1.69
Percentage difference between market reference rate 49.82 and exchange rate charged 48.971.69
Total cost (%)
4.434.43
Total cost (QAR)sort descendingTotal cost (USD)sort descending
32.348.86
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
15.004.11
Exchange rate margin (%)
4.55
Percentage difference between market reference rate 49.82 and exchange rate charged 47.554.55
Total cost (%)
6.606.60
Total cost (QAR)sort descendingTotal cost (USD)sort descending
48.1813.20
Total Average First Quarter
3.413.41
Total Average Fourth Quarter 2019
3.263.26
Total Average
Fee
16.644.56
Exchange Rate Margin (%)
1.141.14
Total Cost Percent (%)
3.413.41
Total Cost (QAR) Total Cost (USD)
24.926.83
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 Mobile wallet
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (QAR)sort descendingTotal cost (USD)sort descending
Firm
OMM
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
15.004.12
Exchange rate margin (%)
0.36
Percentage difference between market reference rate 49.82 and exchange rate charged 49.640.36
Total cost (%)
1.191.19
Total cost (QAR)sort descendingTotal cost (USD)sort descending
21.665.95
Firm
Commercial Bank
Firm type: Bank
 
Payment instrument
Access point
Mobile phone
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
10.002.75
Exchange rate margin (%)
0.72
Percentage difference between market reference rate 49.82 and exchange rate charged 49.460.72
Total cost (%)
1.271.27
Total cost (QAR)sort descendingTotal cost (USD)sort descending
23.116.35
Firm
Eastern Exchange Co
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
20.005.49
Exchange rate margin (%)
0.25
Percentage difference between market reference rate 49.82 and exchange rate charged 49.690.25
Total cost (%)
1.351.35
Total cost (QAR)sort descendingTotal cost (USD)sort descending
24.576.75
Firm
Al Dar 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
20.005.49
Exchange rate margin (%)
0.46
Percentage difference between market reference rate 49.82 and exchange rate charged 49.590.46
Total cost (%)
1.561.56
Total cost (QAR)sort descendingTotal cost (USD)sort descending
28.397.80
Firm
Doha Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.004.12
Exchange rate margin (%)
0.75
Percentage difference between market reference rate 49.82 and exchange rate charged 49.440.75
Total cost (%)
1.571.57
Total cost (QAR)sort descendingTotal cost (USD)sort descending
28.577.85
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
15.004.12
Exchange rate margin (%)
0.85
Percentage difference between market reference rate 49.82 and exchange rate charged 49.390.85
Total cost (%)
1.671.67
Total cost (QAR)sort descendingTotal cost (USD)sort descending
30.398.35
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
18.004.95
Exchange rate margin (%)
0.85
Percentage difference between market reference rate 49.82 and exchange rate charged 49.390.85
Total cost (%)
1.841.84
Total cost (QAR)sort descendingTotal cost (USD)sort descending
33.499.20
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
20.005.49
Exchange rate margin (%)
0.85
Percentage difference between market reference rate 49.82 and exchange rate charged 49.390.85
Total cost (%)
1.951.95
Total cost (QAR)sort descendingTotal cost (USD)sort descending
35.499.75
Firm
Ezremit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.004.12
Exchange rate margin (%)
1.16
Percentage difference between market reference rate 49.82 and exchange rate charged 49.241.16
Total cost (%)
1.991.99
Total cost (QAR)sort descendingTotal cost (USD)sort descending
36.229.95
Firm
Lari
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
20.005.49
Exchange rate margin (%)
1.69
Percentage difference between market reference rate 49.82 and exchange rate charged 48.971.69
Total cost (%)
2.792.79
Total cost (QAR)sort descendingTotal cost (USD)sort descending
50.7813.95
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
15.004.12
Exchange rate margin (%)
4.55
Percentage difference between market reference rate 49.82 and exchange rate charged 47.554.55
Total cost (%)
5.375.37
Total cost (QAR)sort descendingTotal cost (USD)sort descending
97.7326.85
Total Average First Quarter
2.052.05
Total Average Fourth Quarter 2019
1.901.90
Total Average
Fee
16.644.57
Exchange Rate Margin (%)
1.141.14
Total Cost Percent (%)
2.052.05
Total Cost (QAR) Total Cost (USD)
37.3110.25
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 Mobile wallet
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