Remittance Prices Worldwide

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Sending money from SAUDI ARABIA to INDIA

Data collected on: Sep 13, 2019
SAR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Al-Rajhi Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
16.804.48
-0.09
Percentage difference between market reference rate 18.90 and exchange rate charged 18.92
-0.09
2.152.15
16.134.30
Enjaz Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
25.006.67
-0.20
Percentage difference between market reference rate 18.90 and exchange rate charged 18.94
-0.20
3.143.14
23.556.28
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
23.106.16
1.23
Percentage difference between market reference rate 18.90 and exchange rate charged 18.67
1.23
4.314.31
32.338.62
Saudi American Bank (SAMBA)
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
26.257.00
3.98
Percentage difference between market reference rate 18.90 and exchange rate charged 18.15
3.98
7.487.48
56.1014.96
TeleMoney
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
16.804.48
-0.20
Percentage difference between market reference rate 18.90 and exchange rate charged 18.94
-0.20
2.042.04
15.304.08
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
26.257.00
2.50
Percentage difference between market reference rate 18.90 and exchange rate charged 18.43
2.50
6.006.00
45.0012.00
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
26.257.00
2.02
Percentage difference between market reference rate 18.90 and exchange rate charged 18.52
2.02
5.525.52
41.4011.04
Total Average Third Quarter
4.384.38
Total Average Second Quarter
6.076.07
Total Average
Fee
22.926.11
Exchange Rate Margin (%)
1.321.32
Total Cost Percent (%)
4.384.38
Total Cost (SAR) Total Cost (USD)
32.838.75
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
Al-Rajhi Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
16.804.49
-0.09
Percentage difference between market reference rate 18.90 and exchange rate charged 18.92
-0.09
0.810.81
15.154.05
Enjaz Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
High
25.006.68
-0.20
Percentage difference between market reference rate 18.90 and exchange rate charged 18.94
-0.20
1.141.14
21.325.70
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
23.106.18
1.23
Percentage difference between market reference rate 18.90 and exchange rate charged 18.67
1.23
2.472.47
46.1912.35
Saudi American Bank (SAMBA)
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
26.257.02
3.98
Percentage difference between market reference rate 18.90 and exchange rate charged 18.15
3.98
5.395.39
100.7926.95
TeleMoney
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
16.804.49
-0.20
Percentage difference between market reference rate 18.90 and exchange rate charged 18.94
-0.20
0.700.70
13.093.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
26.257.02
2.50
Percentage difference between market reference rate 18.90 and exchange rate charged 18.43
2.50
3.903.90
72.9319.50
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
26.257.02
2.02
Percentage difference between market reference rate 18.90 and exchange rate charged 18.52
2.02
3.433.43
64.1417.15
Total Average Third Quarter
2.552.55
Total Average Second Quarter
4.244.24
Total Average
Fee
22.926.13
Exchange Rate Margin (%)
1.321.32
Total Cost Percent (%)
2.552.55
Total Cost (SAR) Total Cost (USD)
47.6612.74
Non-Transparent records
Bank account transfer Cash
Less than one hour 2 days
Bank account Cash