Remittance Prices Worldwide

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Transfer money

Sending money from SAUDI ARABIA to JORDAN

Data collected on: May 13, 2020
SAR | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (SAR)Total cost (USD)
Firm
Al-Rajhi Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
20.005.33
Exchange rate margin (%)
1.09
Percentage difference between market reference rate 0.19 and exchange rate charged 0.191.09
Total cost (%)
3.763.76
Total cost (SAR)Total cost (USD)
28.207.52
Firm
Enjaz Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
31.508.40
Exchange rate margin (%)
-0.49
Percentage difference between market reference rate 0.19 and exchange rate charged 0.19-0.49
Total cost (%)
3.713.71
Total cost (SAR)Total cost (USD)
27.837.42
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
31.508.40
Exchange rate margin (%)
2.50
Percentage difference between market reference rate 0.27 and exchange rate charged 0.262.50
Total cost (%)
6.706.70
Total cost (SAR)Total cost (USD)
50.2513.40
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
31.508.40
Exchange rate margin (%)
2.50
Percentage difference between market reference rate 0.27 and exchange rate charged 0.262.50
Total cost (%)
6.706.70
Total cost (SAR)Total cost (USD)
50.2513.40
Firm
Saudi American Bank (SAMBA)
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
26.257.00
Exchange rate margin (%)
4.80
Percentage difference between market reference rate 0.19 and exchange rate charged 0.184.80
Total cost (%)
8.308.30
Total cost (SAR)Total cost (USD)
62.2516.60
Firm
TeleMoney
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
57.7515.40
Exchange rate margin (%)
-0.49
Percentage difference between market reference rate 0.19 and exchange rate charged 0.19-0.49
Total cost (%)
7.217.21
Total cost (SAR)Total cost (USD)
54.0814.42
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
26.257.00
Exchange rate margin (%)
4.80
Percentage difference between market reference rate 0.19 and exchange rate charged 0.184.80
Total cost (%)
8.308.30
Total cost (SAR)Total cost (USD)
62.2516.60
Total Average Second Quarter
6.386.38
Total Average First Quarter
6.096.09
Total Average
Fee
32.118.56
Exchange Rate Margin (%)
2.102.10
Total Cost Percent (%)
6.386.38
Total Cost (SAR) Total Cost (USD)
47.8712.77
Non-Transparent records
Bank account transfer Cash
Less than one hour Next day
Bank account Cash
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%) sort descending
Total cost (%)
Total cost (SAR)Total cost (USD)
Firm
Enjaz Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
31.508.42
Exchange rate margin (%) sort descending
-0.49
Percentage difference between market reference rate 0.19 and exchange rate charged 0.19-0.49
Total cost (%)
1.191.19
Total cost (SAR)Total cost (USD)
22.255.95
Firm
TeleMoney
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
57.7515.44
Exchange rate margin (%) sort descending
-0.49
Percentage difference between market reference rate 0.19 and exchange rate charged 0.19-0.49
Total cost (%)
2.592.59
Total cost (SAR)Total cost (USD)
48.4312.95
Firm
Al-Rajhi Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
20.005.35
Exchange rate margin (%) sort descending
1.09
Percentage difference between market reference rate 0.19 and exchange rate charged 0.191.09
Total cost (%)
2.162.16
Total cost (SAR)Total cost (USD)
40.3910.80
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
31.508.42
Exchange rate margin (%) sort descending
2.50
Percentage difference between market reference rate 0.27 and exchange rate charged 0.262.50
Total cost (%)
4.184.18
Total cost (SAR)Total cost (USD)
78.1720.90
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
31.508.42
Exchange rate margin (%) sort descending
2.50
Percentage difference between market reference rate 0.27 and exchange rate charged 0.262.50
Total cost (%)
4.184.18
Total cost (SAR)Total cost (USD)
78.1720.90
Firm
Saudi American Bank (SAMBA)
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
26.257.02
Exchange rate margin (%) sort descending
4.80
Percentage difference between market reference rate 0.19 and exchange rate charged 0.184.80
Total cost (%)
6.206.20
Total cost (SAR)Total cost (USD)
115.9431.00
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
26.257.02
Exchange rate margin (%) sort descending
4.80
Percentage difference between market reference rate 0.19 and exchange rate charged 0.184.80
Total cost (%)
6.206.20
Total cost (SAR)Total cost (USD)
115.9431.00
Total Average Second Quarter
3.813.81
Total Average First Quarter
3.533.53
Total Average
Fee
32.118.58
Exchange Rate Margin (%)
2.102.10
Total Cost Percent (%)
3.813.81
Total Cost (SAR) Total Cost (USD)
71.3319.07
Non-Transparent records
Bank account transfer Cash
Less than one hour Next day
Bank account Cash
Least Costly Corridors To Jordan
Least Costly Corridors From Saudi Arabia
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