Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From AEUAE you can also send money to

Sending money from UAE to SRI LANKA

Data collected on: Oct 28, 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.
DirectRemit (NBD)
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.34
Percentage difference between market reference rate 50.17 and exchange rate charged 50.00
0.34
0.340.34
2.500.68
GCC Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
11.002.99
0.04
Percentage difference between market reference rate 50.17 and exchange rate charged 50.15
0.04
1.541.54
11.323.08
Transferwise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
15.494.21
0.06
Percentage difference between market reference rate 50.19 and exchange rate charged 50.16
0.06
2.172.17
15.954.34
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
15.754.29
0.08
Percentage difference between market reference rate 50.17 and exchange rate charged 50.13
0.08
2.222.22
16.324.44
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.18
Percentage difference between market reference rate 50.17 and exchange rate charged 50.08
0.18
2.322.32
17.054.64
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.754.29
0.20
Percentage difference between market reference rate 50.17 and exchange rate charged 50.07
0.20
2.342.34
17.204.68
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.20
Percentage difference between market reference rate 50.17 and exchange rate charged 50.07
0.20
2.342.34
17.204.68
Wall St Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
15.754.29
0.20
Percentage difference between market reference rate 50.17 and exchange rate charged 50.07
0.20
2.342.34
17.204.68
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.20
Percentage difference between market reference rate 50.17 and exchange rate charged 50.07
0.20
2.342.34
17.204.68
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.20
Percentage difference between market reference rate 50.17 and exchange rate charged 50.07
0.20
2.342.34
17.204.68
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
15.754.29
0.20
Percentage difference between market reference rate 50.17 and exchange rate charged 50.07
0.20
2.342.34
17.204.68
Wall St Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
16.804.57
0.16
Percentage difference between market reference rate 50.17 and exchange rate charged 50.09
0.16
2.452.45
18.014.90
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
16.804.57
0.16
Percentage difference between market reference rate 50.17 and exchange rate charged 50.09
0.16
2.452.45
18.014.90
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
16.804.57
0.20
Percentage difference between market reference rate 50.17 and exchange rate charged 50.07
0.20
2.492.49
18.304.98
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
16.804.57
0.20
Percentage difference between market reference rate 50.17 and exchange rate charged 50.07
0.20
2.492.49
18.304.98
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
16.804.57
0.20
Percentage difference between market reference rate 50.17 and exchange rate charged 50.07
0.20
2.492.49
18.304.98
Total Average Fourth Quarter 2020
2.192.19
Total Average Third Quarter 2020
2.372.37
Total Average
Fee
14.784.02
Exchange Rate Margin (%)
0.180.18
Total Cost Percent (%)
2.192.19
Total Cost (AED) Total Cost (USD)
16.084.38
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
DirectRemit (NBD)
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.34
Percentage difference between market reference rate 50.17 and exchange rate charged 50.00
0.34
0.340.34
6.241.70
GCC Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
11.003.00
0.04
Percentage difference between market reference rate 50.17 and exchange rate charged 50.15
0.04
0.640.64
11.743.20
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.18
Percentage difference between market reference rate 50.17 and exchange rate charged 50.08
0.18
1.041.04
19.085.20
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.20
Percentage difference between market reference rate 50.17 and exchange rate charged 50.07
0.20
1.061.06
19.455.30
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
15.754.29
0.20
Percentage difference between market reference rate 50.17 and exchange rate charged 50.07
0.20
1.061.06
19.455.30
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.754.29
0.20
Percentage difference between market reference rate 50.17 and exchange rate charged 50.07
0.20
1.061.06
19.455.30
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.20
Percentage difference between market reference rate 50.17 and exchange rate charged 50.07
0.20
1.061.06
19.455.30
Wall St Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
15.754.29
0.20
Percentage difference between market reference rate 50.17 and exchange rate charged 50.07
0.20
1.061.06
19.455.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.20
Percentage difference between market reference rate 50.17 and exchange rate charged 50.07
0.20
1.061.06
19.455.30
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
21.005.72
0.08
Percentage difference between market reference rate 50.17 and exchange rate charged 50.13
0.08
1.221.22
22.396.10
Wall St Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
23.006.27
0.16
Percentage difference between market reference rate 50.17 and exchange rate charged 50.09
0.16
1.411.41
25.877.05
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
23.106.29
0.16
Percentage difference between market reference rate 50.17 and exchange rate charged 50.09
0.16
1.421.42
26.067.10
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
23.106.29
0.20
Percentage difference between market reference rate 50.17 and exchange rate charged 50.07
0.20
1.461.46
26.797.30
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
23.106.29
0.20
Percentage difference between market reference rate 50.17 and exchange rate charged 50.07
0.20
1.461.46
26.797.30
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
23.106.29
0.20
Percentage difference between market reference rate 50.17 and exchange rate charged 50.07
0.20
1.461.46
26.797.30
Transferwise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
25.616.98
0.06
Percentage difference between market reference rate 50.19 and exchange rate charged 50.16
0.06
1.461.46
26.797.30
Total Average Fourth Quarter 2020
1.141.14
Total Average Third Quarter 2020
1.311.31
Total Average
Fee
17.704.82
Exchange Rate Margin (%)
0.180.18
Total Cost Percent (%)
1.141.14
Total Cost (AED) Total Cost (USD)
20.955.71
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash