Remittance Prices Worldwide

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Transfer money

Sending money from QATAR to SRI LANKA

Data collected on: May 12, 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 (%)
0.53
Percentage difference between market reference rate 51.66 and exchange rate charged 51.390.53
Total cost (%)
1.901.90
Total cost (QAR)sort descendingTotal cost (USD)sort descending
13.873.80
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 (%)
0.43
Percentage difference between market reference rate 51.66 and exchange rate charged 51.440.43
Total cost (%)
2.492.49
Total cost (QAR)sort descendingTotal cost (USD)sort descending
18.184.98
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 (%)
0.55
Percentage difference between market reference rate 51.66 and exchange rate charged 51.370.55
Total cost (%)
2.612.61
Total cost (QAR)sort descendingTotal cost (USD)sort descending
19.055.22
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 (%)
1.09
Percentage difference between market reference rate 51.66 and exchange rate charged 51.091.09
Total cost (%)
3.153.15
Total cost (QAR)sort descendingTotal cost (USD)sort descending
23.006.30
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 (%)
0.89
Percentage difference between market reference rate 51.66 and exchange rate charged 51.200.89
Total cost (%)
3.633.63
Total cost (QAR)sort descendingTotal cost (USD)sort descending
26.507.26
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 (%)
1.73
Percentage difference between market reference rate 51.66 and exchange rate charged 50.771.73
Total cost (%)
3.783.78
Total cost (QAR)sort descendingTotal cost (USD)sort descending
27.597.56
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 (%)
1.40
Percentage difference between market reference rate 51.66 and exchange rate charged 50.941.40
Total cost (%)
4.144.14
Total cost (QAR)sort descendingTotal cost (USD)sort descending
30.228.28
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 (%)
1.73
Percentage difference between market reference rate 51.66 and exchange rate charged 50.771.73
Total cost (%)
4.204.20
Total cost (QAR)sort descendingTotal cost (USD)sort descending
30.668.40
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 51.66 and exchange rate charged 50.791.69
Total cost (%)
4.434.43
Total cost (QAR)sort descendingTotal cost (USD)sort descending
32.348.86
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 (%)
1.73
Percentage difference between market reference rate 51.66 and exchange rate charged 50.771.73
Total cost (%)
4.474.47
Total cost (QAR)sort descendingTotal cost (USD)sort descending
32.638.94
Total Average Second Quarter
3.483.48
Total Average First Quarter
3.413.41
Total Average
Fee
16.804.60
Exchange Rate Margin (%)
1.181.18
Total Cost Percent (%)
3.483.48
Total Cost (QAR) Total Cost (USD)
25.406.96
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
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 (%)
0.53
Percentage difference between market reference rate 51.66 and exchange rate charged 51.390.53
Total cost (%)
1.081.08
Total cost (QAR)sort descendingTotal cost (USD)sort descending
19.665.40
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 (%)
0.43
Percentage difference between market reference rate 51.66 and exchange rate charged 51.440.43
Total cost (%)
1.261.26
Total cost (QAR)sort descendingTotal cost (USD)sort descending
22.936.30
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 (%)
0.55
Percentage difference between market reference rate 51.66 and exchange rate charged 51.370.55
Total cost (%)
1.381.38
Total cost (QAR)sort descendingTotal cost (USD)sort descending
25.126.90
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 (%)
1.09
Percentage difference between market reference rate 51.66 and exchange rate charged 51.091.09
Total cost (%)
1.921.92
Total cost (QAR)sort descendingTotal cost (USD)sort descending
34.949.60
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 (%)
0.89
Percentage difference between market reference rate 51.66 and exchange rate charged 51.200.89
Total cost (%)
1.991.99
Total cost (QAR)sort descendingTotal cost (USD)sort descending
36.229.95
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 (%)
1.40
Percentage difference between market reference rate 51.66 and exchange rate charged 50.941.40
Total cost (%)
2.502.50
Total cost (QAR)sort descendingTotal cost (USD)sort descending
45.5012.50
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 (%)
1.73
Percentage difference between market reference rate 51.66 and exchange rate charged 50.771.73
Total cost (%)
2.552.55
Total cost (QAR)sort descendingTotal cost (USD)sort descending
46.4112.75
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 (%)
1.73
Percentage difference between market reference rate 51.66 and exchange rate charged 50.771.73
Total cost (%)
2.722.72
Total cost (QAR)sort descendingTotal cost (USD)sort descending
49.5013.60
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 51.66 and exchange rate charged 50.791.69
Total cost (%)
2.792.79
Total cost (QAR)sort descendingTotal cost (USD)sort descending
50.7813.95
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 (%)
1.73
Percentage difference between market reference rate 51.66 and exchange rate charged 50.771.73
Total cost (%)
2.832.83
Total cost (QAR)sort descendingTotal cost (USD)sort descending
51.5114.15
Total Average Second Quarter
2.102.10
Total Average First Quarter
2.052.05
Total Average
Fee
16.804.62
Exchange Rate Margin (%)
1.181.18
Total Cost Percent (%)
2.102.10
Total Cost (QAR) Total Cost (USD)
38.2610.51
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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