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Sending money from UAE to SRI LANKA

Data collected on: Jul 27, 2020
AED | USD
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
0.82
Percentage difference between market reference rate 50.59 and exchange rate charged 50.18
0.82
0.820.82
6.031.64
GCC Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
11.002.99
0.28
Percentage difference between market reference rate 50.59 and exchange rate charged 50.45
0.28
1.781.78
13.083.56
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
0.18
Percentage difference between market reference rate 50.59 and exchange rate charged 50.50
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
Agent
High
15.754.29
0.28
Percentage difference between market reference rate 50.59 and exchange rate charged 50.45
0.28
2.422.42
17.794.84
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.28
Percentage difference between market reference rate 50.59 and exchange rate charged 50.45
0.28
2.422.42
17.794.84
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.28
Percentage difference between market reference rate 50.59 and exchange rate charged 50.45
0.28
2.422.42
17.794.84
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
15.754.29
0.28
Percentage difference between market reference rate 50.59 and exchange rate charged 50.45
0.28
2.422.42
17.794.84
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.754.29
0.28
Percentage difference between market reference rate 50.59 and exchange rate charged 50.45
0.28
2.422.42
17.794.84
Wall St Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
15.754.29
0.28
Percentage difference between market reference rate 50.59 and exchange rate charged 50.45
0.28
2.422.42
17.794.84
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
16.804.57
0.28
Percentage difference between market reference rate 50.59 and exchange rate charged 50.45
0.28
2.572.57
18.895.14
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
16.804.57
0.28
Percentage difference between market reference rate 50.59 and exchange rate charged 50.45
0.28
2.572.57
18.895.14
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
16.804.57
0.28
Percentage difference between market reference rate 50.59 and exchange rate charged 50.45
0.28
2.572.57
18.895.14
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
16.804.57
0.30
Percentage difference between market reference rate 50.59 and exchange rate charged 50.44
0.30
2.592.59
19.045.18
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.66
Percentage difference between market reference rate 50.59 and exchange rate charged 50.26
0.66
2.802.80
20.585.60
Wall St Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
16.804.57
0.78
Percentage difference between market reference rate 50.59 and exchange rate charged 50.20
0.78
3.063.06
22.496.12
Total Average Third Quarter
2.372.37
Total Average Second Quarter
2.732.73
Total Average
Fee
14.734.01
Exchange Rate Margin (%)
0.370.37
Total Cost Percent (%)
2.372.37
Total Cost (AED) Total Cost (USD)
17.454.75
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
0.82
Percentage difference between market reference rate 50.59 and exchange rate charged 50.18
0.82
0.820.82
15.054.10
GCC Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
High
11.003.00
0.28
Percentage difference between market reference rate 50.59 and exchange rate charged 50.45
0.28
0.880.88
16.154.40
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
15.754.29
0.28
Percentage difference between market reference rate 50.59 and exchange rate charged 50.45
0.28
1.141.14
20.925.70
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.754.29
0.28
Percentage difference between market reference rate 50.59 and exchange rate charged 50.45
0.28
1.141.14
20.925.70
Wall St Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
15.754.29
0.28
Percentage difference between market reference rate 50.59 and exchange rate charged 50.45
0.28
1.141.14
20.925.70
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.28
Percentage difference between market reference rate 50.59 and exchange rate charged 50.45
0.28
1.141.14
20.925.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.28
Percentage difference between market reference rate 50.59 and exchange rate charged 50.45
0.28
1.141.14
20.925.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.28
Percentage difference between market reference rate 50.59 and exchange rate charged 50.45
0.28
1.141.14
20.925.70
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
0.18
Percentage difference between market reference rate 50.59 and exchange rate charged 50.50
0.18
1.331.33
24.416.65
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
0.66
Percentage difference between market reference rate 50.59 and exchange rate charged 50.26
0.66
1.511.51
27.717.55
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
23.106.29
0.28
Percentage difference between market reference rate 50.59 and exchange rate charged 50.45
0.28
1.541.54
28.267.70
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
23.106.29
0.28
Percentage difference between market reference rate 50.59 and exchange rate charged 50.45
0.28
1.541.54
28.267.70
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
23.106.29
0.28
Percentage difference between market reference rate 50.59 and exchange rate charged 50.45
0.28
1.541.54
28.267.70
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
23.106.29
0.30
Percentage difference between market reference rate 50.59 and exchange rate charged 50.44
0.30
1.561.56
28.637.80
Wall St Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
23.006.27
0.78
Percentage difference between market reference rate 50.59 and exchange rate charged 50.20
0.78
2.032.03
37.2510.15
Total Average Third Quarter
1.311.31
Total Average Second Quarter
1.631.63
Total Average
Fee
17.184.68
Exchange Rate Margin (%)
0.370.37
Total Cost Percent (%)
1.311.31
Total Cost (AED) Total Cost (USD)
23.976.53
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash