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Transfer money

Sending money from SAUDI ARABIA to NEPAL

Data collected on: Sep 15, 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 (%)
0.76
Percentage difference between market reference rate 30.45 and exchange rate charged 30.220.76
Total cost (%)
3.563.56
Total cost (SAR)Total cost (USD)
26.707.12
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 (%)
1.88
Percentage difference between market reference rate 30.45 and exchange rate charged 29.881.88
Total cost (%)
4.124.12
Total cost (SAR)Total cost (USD)
30.908.24
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 (%)
1.96
Percentage difference between market reference rate 30.45 and exchange rate charged 29.861.96
Total cost (%)
4.484.48
Total cost (SAR)Total cost (USD)
33.608.96
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 (%)
4.14
Percentage difference between market reference rate 30.45 and exchange rate charged 29.194.14
Total cost (%)
6.806.80
Total cost (SAR)Total cost (USD)
51.0013.60
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 (%)
0.72
Percentage difference between market reference rate 30.45 and exchange rate charged 30.230.72
Total cost (%)
3.383.38
Total cost (SAR)Total cost (USD)
25.356.76
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 (%)
2.50
Percentage difference between market reference rate 30.45 and exchange rate charged 29.692.50
Total cost (%)
5.025.02
Total cost (SAR)Total cost (USD)
37.6510.04
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 (%)
2.01
Percentage difference between market reference rate 30.45 and exchange rate charged 29.842.01
Total cost (%)
4.814.81
Total cost (SAR)Total cost (USD)
36.089.62
Total Average Third Quarter
4.604.60
Total Average Second Quarter
4.424.42
Total Average
Fee
19.505.20
Exchange Rate Margin (%)
2.002.00
Total Cost Percent (%)
4.604.60
Total Cost (SAR) Total Cost (USD)
34.479.19
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 (%)
0.76
Percentage difference between market reference rate 30.45 and exchange rate charged 30.220.76
Total cost (%)
1.881.88
Total cost (SAR)Total cost (USD)
35.169.40
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 (%)
1.88
Percentage difference between market reference rate 30.45 and exchange rate charged 29.881.88
Total cost (%)
2.772.77
Total cost (SAR)Total cost (USD)
51.8013.85
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 (%)
1.96
Percentage difference between market reference rate 30.45 and exchange rate charged 29.861.96
Total cost (%)
2.972.97
Total cost (SAR)Total cost (USD)
55.5414.85
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 (%)
4.14
Percentage difference between market reference rate 30.45 and exchange rate charged 29.194.14
Total cost (%)
5.215.21
Total cost (SAR)Total cost (USD)
97.4326.05
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 (%)
0.72
Percentage difference between market reference rate 30.45 and exchange rate charged 30.230.72
Total cost (%)
1.791.79
Total cost (SAR)Total cost (USD)
33.478.95
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 (%)
2.50
Percentage difference between market reference rate 30.45 and exchange rate charged 29.692.50
Total cost (%)
3.513.51
Total cost (SAR)Total cost (USD)
65.6417.55
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 (%)
2.01
Percentage difference between market reference rate 30.45 and exchange rate charged 29.842.01
Total cost (%)
3.133.13
Total cost (SAR)Total cost (USD)
58.5315.65
Total Average Third Quarter
3.043.04
Total Average Second Quarter
2.862.86
Total Average
Fee
19.505.21
Exchange Rate Margin (%)
2.002.00
Total Cost Percent (%)
3.043.04
Total Cost (SAR) Total Cost (USD)
56.8015.19
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
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