Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From SASaudi Arabia you can also send money to

Sending money from SAUDI ARABIA to JORDAN

Data collected on: Oct 27, 2020
SAR | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (SAR)sort descendingTotal cost (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
23.006.13
-0.49
Percentage difference between market reference rate 0.19 and exchange rate charged 0.19
-0.49
2.572.57
19.285.14
Al-Rajhi Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
25.006.67
1.09
Percentage difference between market reference rate 0.19 and exchange rate charged 0.19
1.09
4.434.43
33.238.86
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
31.508.40
0.36
Percentage difference between market reference rate 0.27 and exchange rate charged 0.27
0.36
4.564.56
34.209.12
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
31.508.40
1.09
Percentage difference between market reference rate 0.19 and exchange rate charged 0.19
1.09
5.295.29
39.6810.58
Enjaz Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Agent
High
36.009.60
1.62
Percentage difference between market reference rate 0.19 and exchange rate charged 0.19
1.62
6.426.42
48.1512.84
TeleMoney
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
46.0012.27
4.80
Percentage difference between market reference rate 0.19 and exchange rate charged 0.18
4.80
10.9310.93
81.9821.86
Total Average Fourth Quarter 2020
5.705.70
Total Average Third Quarter 2020
6.076.07
Total Average
Fee
32.178.58
Exchange Rate Margin (%)
1.411.41
Total Cost Percent (%)
5.705.70
Total Cost (SAR) Total Cost (USD)
42.7511.40
Non-Transparent records
Bank account transfer Mobile money Cash
Less than one hour Next day
Bank account Cash
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
23.006.15
-0.49
Percentage difference between market reference rate 0.19 and exchange rate charged 0.19
-0.49
0.740.74
13.843.70
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
31.508.42
0.36
Percentage difference between market reference rate 0.27 and exchange rate charged 0.27
0.36
2.052.05
38.3410.25
Al-Rajhi Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Receiving method
Medium
25.006.68
1.09
Percentage difference between market reference rate 0.19 and exchange rate charged 0.19
1.09
2.432.43
45.4412.15
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
31.508.42
1.09
Percentage difference between market reference rate 0.19 and exchange rate charged 0.19
1.09
2.782.78
51.9913.90
Enjaz Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Agent
High
36.009.63
1.62
Percentage difference between market reference rate 0.19 and exchange rate charged 0.19
1.62
3.553.55
66.3917.75
TeleMoney
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
46.0012.30
4.80
Percentage difference between market reference rate 0.19 and exchange rate charged 0.18
4.80
7.267.26
135.7636.30
Total Average Fourth Quarter 2020
3.143.14
Total Average Third Quarter 2020
3.493.49
Total Average
Fee
32.178.60
Exchange Rate Margin (%)
1.411.41
Total Cost Percent (%)
3.143.14
Total Cost (SAR) Total Cost (USD)
58.6315.68
Non-Transparent records
Bank account transfer Mobile money Cash
Less than one hour Next day
Bank account Cash