Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From QAQatar you can also send money to
Transfer money

Sending money from QATAR to SRI LANKA

Data collected on: Sep 17, 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)Total cost (USD)
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 (%)
0.40
Percentage difference between market reference rate 49.95 and exchange rate charged 49.750.40
Total cost (%)
3.143.14
Total cost (QAR)Total cost (USD)
22.926.28
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 (%)
0.70
Percentage difference between market reference rate 49.95 and exchange rate charged 49.600.70
Total cost (%)
2.072.07
Total cost (QAR)Total cost (USD)
15.114.14
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 (%)
0.74
Percentage difference between market reference rate 49.95 and exchange rate charged 49.580.74
Total cost (%)
2.802.80
Total cost (QAR)Total cost (USD)
20.445.60
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
20.005.48
Exchange rate margin (%)
0.30
Percentage difference between market reference rate 49.95 and exchange rate charged 49.800.30
Total cost (%)
3.043.04
Total cost (QAR)Total cost (USD)
22.196.08
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 (%)
1.15
Percentage difference between market reference rate 49.95 and exchange rate charged 49.381.15
Total cost (%)
3.203.20
Total cost (QAR)Total cost (USD)
23.366.40
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 49.95 and exchange rate charged 49.111.69
Total cost (%)
4.434.43
Total cost (QAR)Total cost (USD)
32.348.86
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 (%)
0.37
Percentage difference between market reference rate 49.95 and exchange rate charged 49.770.37
Total cost (%)
2.422.42
Total cost (QAR)Total cost (USD)
17.674.84
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 (%)
0.86
Percentage difference between market reference rate 49.95 and exchange rate charged 49.520.86
Total cost (%)
3.603.60
Total cost (QAR)Total cost (USD)
26.287.20
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 (%)
1.57
Percentage difference between market reference rate 49.95 and exchange rate charged 49.171.57
Total cost (%)
3.623.62
Total cost (QAR)Total cost (USD)
26.437.24
Total Average Third Quarter
3.153.15
Total Average Second Quarter
3.003.00
Total Average
Fee
16.674.57
Exchange Rate Margin (%)
0.860.86
Total Cost Percent (%)
3.153.15
Total Cost (QAR) Total Cost (USD)
22.976.29
Non-Transparent records
Bank account transfer 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
Feesort descending
Exchange rate margin (%)
Total cost (%)
Total cost (QAR)Total cost (USD)
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
Feesort descending
10.002.75
Exchange rate margin (%)
0.70
Percentage difference between market reference rate 49.95 and exchange rate charged 49.600.70
Total cost (%)
1.241.24
Total cost (QAR)Total cost (USD)
22.576.20
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
Feesort descending
15.004.12
Exchange rate margin (%)
1.57
Percentage difference between market reference rate 49.95 and exchange rate charged 49.171.57
Total cost (%)
2.392.39
Total cost (QAR)Total cost (USD)
43.5011.95
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
Feesort descending
15.004.12
Exchange rate margin (%)
0.74
Percentage difference between market reference rate 49.95 and exchange rate charged 49.580.74
Total cost (%)
1.571.57
Total cost (QAR)Total cost (USD)
28.577.85
Firm
Ezremit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Feesort descending
15.004.12
Exchange rate margin (%)
1.15
Percentage difference between market reference rate 49.95 and exchange rate charged 49.381.15
Total cost (%)
1.971.97
Total cost (QAR)Total cost (USD)
35.859.85
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
Feesort descending
15.004.12
Exchange rate margin (%)
0.37
Percentage difference between market reference rate 49.95 and exchange rate charged 49.770.37
Total cost (%)
1.191.19
Total cost (QAR)Total cost (USD)
21.665.95
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
Feesort descending
20.005.49
Exchange rate margin (%)
0.86
Percentage difference between market reference rate 49.95 and exchange rate charged 49.520.86
Total cost (%)
1.961.96
Total cost (QAR)Total cost (USD)
35.679.80
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
Feesort descending
20.005.49
Exchange rate margin (%)
0.40
Percentage difference between market reference rate 49.95 and exchange rate charged 49.750.40
Total cost (%)
1.491.49
Total cost (QAR)Total cost (USD)
27.127.45
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
Feesort descending
20.005.49
Exchange rate margin (%)
0.30
Percentage difference between market reference rate 49.95 and exchange rate charged 49.800.30
Total cost (%)
1.401.40
Total cost (QAR)Total cost (USD)
25.487.00
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
Feesort descending
20.005.49
Exchange rate margin (%)
1.69
Percentage difference between market reference rate 49.95 and exchange rate charged 49.111.69
Total cost (%)
2.792.79
Total cost (QAR)Total cost (USD)
50.7813.95
Total Average Third Quarter
1.781.78
Total Average Second Quarter
1.631.63
Total Average
Fee
16.674.58
Exchange Rate Margin (%)
0.860.86
Total Cost Percent (%)
1.781.78
Total Cost (QAR) Total Cost (USD)
32.368.89
Non-Transparent records
Bank account transfer Mobile money Cash
Less than one hour Next day 2 days 3-5 days
Bank account Cash Mobile wallet
Least Costly Corridors To Sri Lanka
Least Costly Corridors From Qatar
      © 2015 The World Bank Group, All Rights Reserved