Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from UAE to BANGLADESH

Data collected on: May 11, 2020
AED | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
15.004.08
0.01
Percentage difference between market reference rate 23.11 and exchange rate charged 23.11
0.01
2.052.05
15.074.10
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
-0.03
Percentage difference between market reference rate 23.11 and exchange rate charged 23.12
-0.03
2.112.11
15.514.22
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
-0.03
Percentage difference between market reference rate 23.11 and exchange rate charged 23.12
-0.03
2.112.11
15.514.22
GCC Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
Medium
16.004.35
0.01
Percentage difference between market reference rate 23.11 and exchange rate charged 23.11
0.01
2.192.19
16.104.38
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
15.754.29
0.05
Percentage difference between market reference rate 23.11 and exchange rate charged 23.10
0.05
2.202.20
16.174.40
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.57
Percentage difference between market reference rate 23.11 and exchange rate charged 22.98
0.57
2.722.72
19.995.44
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.57
Percentage difference between market reference rate 23.11 and exchange rate charged 22.98
0.57
2.722.72
19.995.44
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
17.004.63
0.70
Percentage difference between market reference rate 23.11 and exchange rate charged 22.95
0.70
3.023.02
22.206.04
Total Average Second Quarter
2.392.39
Total Average First Quarter
1.851.85
Total Average
Fee
15.844.31
Exchange Rate Margin (%)
0.230.23
Total Cost Percent (%)
2.392.39
Total Cost (AED) Total Cost (USD)
17.574.78
Non-Transparent records
Bank account transfer Cash
Less than one hour
Cash
Payment instrument
Access point
Sending network coverage
Receiving method
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
-0.03
Percentage difference between market reference rate 23.11 and exchange rate charged 23.12
-0.03
0.830.83
15.234.15
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
-0.03
Percentage difference between market reference rate 23.11 and exchange rate charged 23.12
-0.03
0.830.83
15.234.15
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
15.004.09
0.01
Percentage difference between market reference rate 23.11 and exchange rate charged 23.11
0.01
0.830.83
15.234.15
GCC Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
Medium
16.004.36
0.01
Percentage difference between market reference rate 23.11 and exchange rate charged 23.11
0.01
0.880.88
16.154.40
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
15.754.29
0.05
Percentage difference between market reference rate 23.11 and exchange rate charged 23.10
0.05
0.910.91
16.704.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.57
Percentage difference between market reference rate 23.11 and exchange rate charged 22.98
0.57
1.431.43
26.247.15
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.57
Percentage difference between market reference rate 23.11 and exchange rate charged 22.98
0.57
1.431.43
26.247.15
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
23.006.27
0.70
Percentage difference between market reference rate 23.11 and exchange rate charged 22.95
0.70
1.961.96
35.979.80
Total Average Second Quarter
1.141.14
Total Average First Quarter
0.600.60
Total Average
Fee
16.594.52
Exchange Rate Margin (%)
0.230.23
Total Cost Percent (%)
1.141.14
Total Cost (AED) Total Cost (USD)
20.875.69
Non-Transparent records
Bank account transfer Cash
Less than one hour
Cash