Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from QATAR to SRI LANKA

Data collected on: May 12, 2020
QAR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
20.005.48
1.73
Percentage difference between market reference rate 51.66 and exchange rate charged 50.77
1.73
4.474.47
32.638.94
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
20.005.48
1.69
Percentage difference between market reference rate 51.66 and exchange rate charged 50.79
1.69
4.434.43
32.348.86
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
18.004.93
1.73
Percentage difference between market reference rate 51.66 and exchange rate charged 50.77
1.73
4.204.20
30.668.40
Al Dar Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
20.005.48
1.40
Percentage difference between market reference rate 51.66 and exchange rate charged 50.94
1.40
4.144.14
30.228.28
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
15.004.11
1.73
Percentage difference between market reference rate 51.66 and exchange rate charged 50.77
1.73
3.783.78
27.597.56
Eastern Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
20.005.48
0.89
Percentage difference between market reference rate 51.66 and exchange rate charged 51.20
0.89
3.633.63
26.507.26
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
15.004.11
1.09
Percentage difference between market reference rate 51.66 and exchange rate charged 51.09
1.09
3.153.15
23.006.30
Doha Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
15.004.11
0.55
Percentage difference between market reference rate 51.66 and exchange rate charged 51.37
0.55
2.612.61
19.055.22
OMM
Firm type: Money Transfer Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
15.004.11
0.43
Percentage difference between market reference rate 51.66 and exchange rate charged 51.44
0.43
2.492.49
18.184.98
Commercial Bank
Firm type: Bank
Payment instrument
Access point
Mobile phone
Sending network coverage
Medium
Receiving method
Agent
High
10.002.74
0.53
Percentage difference between market reference rate 51.66 and exchange rate charged 51.39
0.53
1.901.90
13.873.80
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
Payment instrument
Access point
Sending network coverage
Receiving method
Commercial Bank
Firm type: Bank
Payment instrument
Access point
Mobile phone
Sending network coverage
Medium
Receiving method
Agent
High
10.002.75
0.53
Percentage difference between market reference rate 51.66 and exchange rate charged 51.39
0.53
1.081.08
19.665.40
OMM
Firm type: Money Transfer Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
15.004.12
0.43
Percentage difference between market reference rate 51.66 and exchange rate charged 51.44
0.43
1.261.26
22.936.30
Doha Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
15.004.12
0.55
Percentage difference between market reference rate 51.66 and exchange rate charged 51.37
0.55
1.381.38
25.126.90
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
15.004.12
1.09
Percentage difference between market reference rate 51.66 and exchange rate charged 51.09
1.09
1.921.92
34.949.60
Eastern Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
20.005.49
0.89
Percentage difference between market reference rate 51.66 and exchange rate charged 51.20
0.89
1.991.99
36.229.95
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
15.004.12
1.73
Percentage difference between market reference rate 51.66 and exchange rate charged 50.77
1.73
2.552.55
46.4112.75
Al Dar Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
20.005.49
1.40
Percentage difference between market reference rate 51.66 and exchange rate charged 50.94
1.40
2.502.50
45.5012.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
18.004.95
1.73
Percentage difference between market reference rate 51.66 and exchange rate charged 50.77
1.73
2.722.72
49.5013.60
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
20.005.49
1.69
Percentage difference between market reference rate 51.66 and exchange rate charged 50.79
1.69
2.792.79
50.7813.95
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
20.005.49
1.73
Percentage difference between market reference rate 51.66 and exchange rate charged 50.77
1.73
2.832.83
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