Remittance Prices Worldwide

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Sending money from SAUDI ARABIA to EGYPT

Data collected on: Sep 17, 2019
SAR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Al-Rajhi Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
21.005.60
0.98
Percentage difference between market reference rate 4.36 and exchange rate charged 4.32
0.98
3.783.78
28.357.56
Enjaz Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
16.804.48
0.63
Percentage difference between market reference rate 0.27 and exchange rate charged 0.27
0.63
2.872.87
21.535.74
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
16.804.48
0.63
Percentage difference between market reference rate 0.27 and exchange rate charged 0.27
0.63
2.872.87
21.535.74
Saudi American Bank (SAMBA)
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
23.106.16
3.73
Percentage difference between market reference rate 4.36 and exchange rate charged 4.20
3.73
6.816.81
51.0813.62
TeleMoney
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
26.236.99
0.53
Percentage difference between market reference rate 4.36 and exchange rate charged 4.34
0.53
4.024.02
30.158.04
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
18.755.00
1.21
Percentage difference between market reference rate 4.36 and exchange rate charged 4.31
1.21
3.713.71
27.837.42
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
19.005.07
0.80
Percentage difference between market reference rate 4.36 and exchange rate charged 4.33
0.80
3.333.33
24.986.66
Total Average Third Quarter
3.913.91
Total Average Second Quarter
4.184.18
Total Average
Fee
20.245.40
Exchange Rate Margin (%)
1.221.22
Total Cost Percent (%)
3.913.91
Total Cost (SAR) Total Cost (USD)
29.357.83
Non-Transparent records
Bank account transfer Cash
Less than one hour 2 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Enjaz Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
16.804.49
0.63
Percentage difference between market reference rate 0.27 and exchange rate charged 0.27
0.63
1.521.52
28.427.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
16.804.49
0.63
Percentage difference between market reference rate 0.27 and exchange rate charged 0.27
0.63
1.521.52
28.427.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
18.755.01
1.21
Percentage difference between market reference rate 4.36 and exchange rate charged 4.31
1.21
2.222.22
41.5111.10
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
19.005.08
0.80
Percentage difference between market reference rate 4.36 and exchange rate charged 4.33
0.80
1.821.82
34.039.10
Al-Rajhi Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
21.005.61
0.98
Percentage difference between market reference rate 4.36 and exchange rate charged 4.32
0.98
2.112.11
39.4610.55
Saudi American Bank (SAMBA)
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
23.106.18
3.73
Percentage difference between market reference rate 4.36 and exchange rate charged 4.20
3.73
4.974.97
92.9424.85
TeleMoney
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
26.237.01
0.53
Percentage difference between market reference rate 4.36 and exchange rate charged 4.34
0.53
1.931.93
36.099.65
Total Average Third Quarter
2.302.30
Total Average Second Quarter
2.562.56
Total Average
Fee
20.245.41
Exchange Rate Margin (%)
1.221.22
Total Cost Percent (%)
2.302.30
Total Cost (SAR) Total Cost (USD)
42.9811.49
Non-Transparent records
Bank account transfer Cash
Less than one hour 2 days
Bank account Cash