Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From SASaudi Arabia you can also send money to
Transfer money

Sending money from SAUDI ARABIA to NEPAL

Data collected on: May 07, 2019
SAR | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coveragesort descending
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 coveragesort descending
Medium
Fee
21.005.60
Exchange rate margin (%)
2.23
Percentage difference between market reference rate 29.74 and exchange rate charged 29.082.23
Total cost (%)
5.035.03
Total cost (SAR)Total cost (USD)
37.7310.06
Firm
Enjaz Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coveragesort descending
Medium
Fee
16.804.48
Exchange rate margin (%)
1.66
Percentage difference between market reference rate 29.74 and exchange rate charged 29.251.66
Total cost (%)
3.903.90
Total cost (SAR)Total cost (USD)
29.257.80
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coveragesort descending
High
Fee
18.905.04
Exchange rate margin (%)
1.90
Percentage difference between market reference rate 29.74 and exchange rate charged 29.181.90
Total cost (%)
4.424.42
Total cost (SAR)Total cost (USD)
33.158.84
Firm
Saudi American Bank (SAMBA)
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coveragesort descending
Medium
Fee
19.955.32
Exchange rate margin (%)
2.17
Percentage difference between market reference rate 29.74 and exchange rate charged 29.102.17
Total cost (%)
4.834.83
Total cost (SAR)Total cost (USD)
36.239.66
Firm
TeleMoney
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coveragesort descending
High
Fee
19.955.32
Exchange rate margin (%)
1.90
Percentage difference between market reference rate 29.74 and exchange rate charged 29.181.90
Total cost (%)
4.564.56
Total cost (SAR)Total cost (USD)
34.209.12
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coveragesort descending
High
Fee
18.905.04
Exchange rate margin (%)
0.99
Percentage difference between market reference rate 29.74 and exchange rate charged 29.450.99
Total cost (%)
3.513.51
Total cost (SAR)Total cost (USD)
26.337.02
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coveragesort descending
Medium
Fee
21.005.60
Exchange rate margin (%)
1.90
Percentage difference between market reference rate 29.74 and exchange rate charged 29.181.90
Total cost (%)
4.704.70
Total cost (SAR)Total cost (USD)
35.259.40
Total Average Second Quarter
4.424.42
Total Average First Quarter
4.554.55
Total Average
Fee
19.505.20
Exchange Rate Margin (%)
1.821.82
Total Cost Percent (%)
4.424.42
Total Cost (SAR) Total Cost (USD)
33.168.84
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day 2 days
Bank account Cash
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coveragesort descending
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 coveragesort descending
Medium
Fee
21.005.61
Exchange rate margin (%)
2.23
Percentage difference between market reference rate 29.74 and exchange rate charged 29.082.23
Total cost (%)
3.363.36
Total cost (SAR)Total cost (USD)
62.8316.80
Firm
Enjaz Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coveragesort descending
Medium
Fee
16.804.49
Exchange rate margin (%)
1.66
Percentage difference between market reference rate 29.74 and exchange rate charged 29.251.66
Total cost (%)
2.562.56
Total cost (SAR)Total cost (USD)
47.8712.80
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coveragesort descending
High
Fee
18.905.05
Exchange rate margin (%)
1.90
Percentage difference between market reference rate 29.74 and exchange rate charged 29.181.90
Total cost (%)
2.912.91
Total cost (SAR)Total cost (USD)
54.4214.55
Firm
Saudi American Bank (SAMBA)
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coveragesort descending
Medium
Fee
19.955.33
Exchange rate margin (%)
2.17
Percentage difference between market reference rate 29.74 and exchange rate charged 29.102.17
Total cost (%)
3.233.23
Total cost (SAR)Total cost (USD)
60.4016.15
Firm
TeleMoney
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coveragesort descending
High
Fee
19.955.33
Exchange rate margin (%)
1.90
Percentage difference between market reference rate 29.74 and exchange rate charged 29.181.90
Total cost (%)
2.972.97
Total cost (SAR)Total cost (USD)
55.5414.85
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coveragesort descending
High
Fee
18.905.05
Exchange rate margin (%)
0.99
Percentage difference between market reference rate 29.74 and exchange rate charged 29.450.99
Total cost (%)
2.002.00
Total cost (SAR)Total cost (USD)
37.4010.00
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coveragesort descending
Medium
Fee
21.005.61
Exchange rate margin (%)
1.90
Percentage difference between market reference rate 29.74 and exchange rate charged 29.181.90
Total cost (%)
3.023.02
Total cost (SAR)Total cost (USD)
56.4715.10
Total Average Second Quarter
2.862.86
Total Average First Quarter
2.992.99
Total Average
Fee
19.505.21
Exchange Rate Margin (%)
1.821.82
Total Cost Percent (%)
2.862.86
Total Cost (SAR) Total Cost (USD)
53.5614.32
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day 2 days
Bank account Cash
Least Costly Corridors To Nepal
Least Costly Corridors From Saudi Arabia
      © 2015 The World Bank Group, All Rights Reserved