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Transfer money

Sending money from QATAR to SRI LANKA

Data collected on: Oct 29, 2019
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 (%)
0.74
Percentage difference between market reference rate 49.85 and exchange rate charged 49.480.74
Total cost (%)
2.112.11
Total cost (QAR)sort descendingTotal cost (USD)sort descending
15.404.22
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 (%)
0.55
Percentage difference between market reference rate 49.85 and exchange rate charged 49.580.55
Total cost (%)
2.612.61
Total cost (QAR)sort descendingTotal cost (USD)sort descending
19.055.22
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 (%)
0.74
Percentage difference between market reference rate 49.85 and exchange rate charged 49.480.74
Total cost (%)
2.802.80
Total cost (QAR)sort descendingTotal cost (USD)sort descending
20.445.60
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 (%)
0.94
Percentage difference between market reference rate 49.85 and exchange rate charged 49.380.94
Total cost (%)
2.992.99
Total cost (QAR)sort descendingTotal cost (USD)sort descending
21.835.98
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 (%)
0.74
Percentage difference between market reference rate 49.85 and exchange rate charged 49.480.74
Total cost (%)
3.213.21
Total cost (QAR)sort descendingTotal cost (USD)sort descending
23.436.42
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 (%)
0.53
Percentage difference between market reference rate 49.85 and exchange rate charged 49.590.53
Total cost (%)
3.273.27
Total cost (QAR)sort descendingTotal cost (USD)sort descending
23.876.54
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 (%)
0.54
Percentage difference between market reference rate 49.85 and exchange rate charged 49.580.54
Total cost (%)
3.283.28
Total cost (QAR)sort descendingTotal cost (USD)sort descending
23.946.56
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 (%)
1.23
Percentage difference between market reference rate 49.85 and exchange rate charged 49.241.23
Total cost (%)
3.283.28
Total cost (QAR)sort descendingTotal cost (USD)sort descending
23.946.56
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 (%)
0.84
Percentage difference between market reference rate 49.85 and exchange rate charged 49.430.84
Total cost (%)
3.583.58
Total cost (QAR)sort descendingTotal cost (USD)sort descending
26.137.16
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 (%)
2.23
Percentage difference between market reference rate 49.85 and exchange rate charged 48.742.23
Total cost (%)
4.284.28
Total cost (QAR)sort descendingTotal cost (USD)sort descending
31.248.56
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 (%)
1.71
Percentage difference between market reference rate 49.85 and exchange rate charged 49.001.71
Total cost (%)
4.454.45
Total cost (QAR)sort descendingTotal cost (USD)sort descending
32.498.90
Total Average Fourth Quarter 2019
3.263.26
Total Average Third Quarter 2019
3.153.15
Total Average
Fee
16.644.56
Exchange Rate Margin (%)
0.980.98
Total Cost Percent (%)
3.263.26
Total Cost (QAR) Total Cost (USD)
23.806.52
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 (%)
0.74
Percentage difference between market reference rate 49.85 and exchange rate charged 49.480.74
Total cost (%)
1.291.29
Total cost (QAR)sort descendingTotal cost (USD)sort descending
23.486.45
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 (%)
0.55
Percentage difference between market reference rate 49.85 and exchange rate charged 49.580.55
Total cost (%)
1.381.38
Total cost (QAR)sort descendingTotal cost (USD)sort descending
25.126.90
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 (%)
0.74
Percentage difference between market reference rate 49.85 and exchange rate charged 49.480.74
Total cost (%)
1.571.57
Total cost (QAR)sort descendingTotal cost (USD)sort descending
28.577.85
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 (%)
0.53
Percentage difference between market reference rate 49.85 and exchange rate charged 49.590.53
Total cost (%)
1.631.63
Total cost (QAR)sort descendingTotal cost (USD)sort descending
29.678.15
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 (%)
0.54
Percentage difference between market reference rate 49.85 and exchange rate charged 49.580.54
Total cost (%)
1.641.64
Total cost (QAR)sort descendingTotal cost (USD)sort descending
29.858.20
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 (%)
0.74
Percentage difference between market reference rate 49.85 and exchange rate charged 49.480.74
Total cost (%)
1.731.73
Total cost (QAR)sort descendingTotal cost (USD)sort descending
31.498.65
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 (%)
0.94
Percentage difference between market reference rate 49.85 and exchange rate charged 49.380.94
Total cost (%)
1.761.76
Total cost (QAR)sort descendingTotal cost (USD)sort descending
32.038.80
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 (%)
0.84
Percentage difference between market reference rate 49.85 and exchange rate charged 49.430.84
Total cost (%)
1.941.94
Total cost (QAR)sort descendingTotal cost (USD)sort descending
35.319.70
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 (%)
1.23
Percentage difference between market reference rate 49.85 and exchange rate charged 49.241.23
Total cost (%)
2.052.05
Total cost (QAR)sort descendingTotal cost (USD)sort descending
37.3110.25
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 (%)
1.71
Percentage difference between market reference rate 49.85 and exchange rate charged 49.001.71
Total cost (%)
2.812.81
Total cost (QAR)sort descendingTotal cost (USD)sort descending
51.1414.05
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 (%)
2.23
Percentage difference between market reference rate 49.85 and exchange rate charged 48.742.23
Total cost (%)
3.053.05
Total cost (QAR)sort descendingTotal cost (USD)sort descending
55.5115.25
Total Average Fourth Quarter 2019
1.901.90
Total Average Third Quarter 2019
1.781.78
Total Average
Fee
16.644.57
Exchange Rate Margin (%)
0.980.98
Total Cost Percent (%)
1.901.90
Total Cost (QAR) Total Cost (USD)
34.509.48
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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