Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from UAE to INDONESIA

Data collected on: Oct 26, 2020
AED | 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 (AED)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.
Transferwise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
13.563.69
0.01
Percentage difference between market reference rate 3,993.06 and exchange rate charged 3,992.58
0.01
1.861.86
13.673.72
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
15.754.29
1.66
Percentage difference between market reference rate 3,995.54 and exchange rate charged 3,929.16
1.66
3.803.80
27.937.60
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
21.005.71
1.29
Percentage difference between market reference rate 3,995.54 and exchange rate charged 3,944.00
1.29
4.154.15
30.508.30
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
21.005.71
1.66
Percentage difference between market reference rate 3,995.54 and exchange rate charged 3,929.16
1.66
4.524.52
33.229.04
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
21.005.71
1.66
Percentage difference between market reference rate 3,995.54 and exchange rate charged 3,929.16
1.66
4.524.52
33.229.04
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
21.005.71
1.74
Percentage difference between market reference rate 3,995.54 and exchange rate charged 3,926.16
1.74
4.594.59
33.749.18
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
31.508.57
2.50
Percentage difference between market reference rate 3,995.54 and exchange rate charged 3,895.71
2.50
6.786.78
49.8313.56
Total Average Fourth Quarter 2020
4.324.32
Total Average Third Quarter 2020
5.235.23
Total Average
Fee
20.695.63
Exchange Rate Margin (%)
1.501.50
Total Cost Percent (%)
4.324.32
Total Cost (AED) Total Cost (USD)
31.738.63
Non-Transparent records
Bank account transfer Cash
Less than one hour 2 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Transferwise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
21.495.86
0.01
Percentage difference between market reference rate 3,993.06 and exchange rate charged 3,992.58
0.01
1.181.18
21.655.90
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
21.005.72
1.29
Percentage difference between market reference rate 3,995.54 and exchange rate charged 3,944.00
1.29
2.432.43
44.5912.15
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
15.754.29
1.66
Percentage difference between market reference rate 3,995.54 and exchange rate charged 3,929.16
1.66
2.522.52
46.2412.60
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
21.005.72
1.66
Percentage difference between market reference rate 3,995.54 and exchange rate charged 3,929.16
1.66
2.812.81
51.5614.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
21.005.72
1.66
Percentage difference between market reference rate 3,995.54 and exchange rate charged 3,929.16
1.66
2.812.81
51.5614.05
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
21.005.72
1.74
Percentage difference between market reference rate 3,995.54 and exchange rate charged 3,926.16
1.74
2.882.88
52.8514.40
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
31.508.58
2.50
Percentage difference between market reference rate 3,995.54 and exchange rate charged 3,895.71
2.50
4.224.22
77.4421.10
Total Average Fourth Quarter 2020
2.692.69
Total Average Third Quarter 2020
3.453.45
Total Average
Fee
21.825.95
Exchange Rate Margin (%)
1.501.50
Total Cost Percent (%)
2.692.69
Total Cost (AED) Total Cost (USD)
49.4113.46
Non-Transparent records
Bank account transfer Cash
Less than one hour 2 days
Bank account Cash