Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Transfer money

Sending money from QATAR to SRI LANKA

Data collected on: May 21, 2024-May 30, 2024
QAR | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Disbursing network coverage
Fee
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 (QAR)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.
Firm
Doha Bank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.002.74
Exchange rate margin (%)
-1.31
Percentage difference between market reference rate 82.26 and exchange rate charged 83.33-1.31
Total cost (%)
0.060.06
Total cost (QAR)sort descendingTotal cost (USD)sort descending
0.440.12
Firm
Doha Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.002.74
Exchange rate margin (%)
-1.31
Percentage difference between market reference rate 82.26 and exchange rate charged 83.33-1.31
Total cost (%)
0.060.06
Total cost (QAR)sort descendingTotal cost (USD)sort descending
0.440.12
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
20.005.48
Exchange rate margin (%)
0.37
Percentage difference between market reference rate 82.27 and exchange rate charged 81.960.37
Total cost (%)
3.113.11
Total cost (QAR)sort descendingTotal cost (USD)sort descending
22.706.22
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
20.005.48
Exchange rate margin (%)
0.42
Percentage difference between market reference rate 82.82 and exchange rate charged 82.470.42
Total cost (%)
3.163.16
Total cost (QAR)sort descendingTotal cost (USD)sort descending
23.076.32
Firm
Eastern Exchange Co
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
20.005.48
Exchange rate margin (%)
0.56
Percentage difference between market reference rate 82.82 and exchange rate charged 82.350.56
Total cost (%)
3.303.30
Total cost (QAR)sort descendingTotal cost (USD)sort descending
24.096.60
Firm
Ezremit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
20.005.48
Exchange rate margin (%)
0.56
Percentage difference between market reference rate 82.82 and exchange rate charged 82.350.56
Total cost (%)
3.303.30
Total cost (QAR)sort descendingTotal cost (USD)sort descending
24.096.60
Firm
Al Dar Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
20.005.48
Exchange rate margin (%)
0.66
Percentage difference between market reference rate 82.65 and exchange rate charged 82.100.66
Total cost (%)
3.403.40
Total cost (QAR)sort descendingTotal cost (USD)sort descending
24.826.80
Total Average Second Quarter
2.342.34
Total Average First Quarter
2.142.14
Total Average
Fee
17.144.70
Exchange Rate Margin (%)
-0.01-0.01
Total Cost Percent (%)
2.342.34
Total Cost (QAR) Total Cost (USD)
17.094.68
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Same day Next day 3-5 days
Bank account Cash
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (QAR)sort descendingTotal cost (USD)sort descending
Firm
Doha Bank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.002.75
Exchange rate margin (%)
-1.31
Percentage difference between market reference rate 82.26 and exchange rate charged 83.33-1.31
Total cost (%)
-0.76-0.76
Total cost (QAR)sort descendingTotal cost (USD)sort descending
-13.83-3.80
Firm
Doha Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.002.75
Exchange rate margin (%)
-1.31
Percentage difference between market reference rate 82.26 and exchange rate charged 83.33-1.31
Total cost (%)
-0.76-0.76
Total cost (QAR)sort descendingTotal cost (USD)sort descending
-13.83-3.80
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
20.005.49
Exchange rate margin (%)
0.37
Percentage difference between market reference rate 82.27 and exchange rate charged 81.960.37
Total cost (%)
1.471.47
Total cost (QAR)sort descendingTotal cost (USD)sort descending
26.757.35
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
20.005.49
Exchange rate margin (%)
0.42
Percentage difference between market reference rate 82.82 and exchange rate charged 82.470.42
Total cost (%)
1.521.52
Total cost (QAR)sort descendingTotal cost (USD)sort descending
27.667.60
Firm
Eastern Exchange Co
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
20.005.49
Exchange rate margin (%)
0.56
Percentage difference between market reference rate 82.82 and exchange rate charged 82.350.56
Total cost (%)
1.661.66
Total cost (QAR)sort descendingTotal cost (USD)sort descending
30.218.30
Firm
Ezremit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
20.005.49
Exchange rate margin (%)
0.56
Percentage difference between market reference rate 82.82 and exchange rate charged 82.350.56
Total cost (%)
1.661.66
Total cost (QAR)sort descendingTotal cost (USD)sort descending
30.218.30
Firm
Al Dar Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
20.005.49
Exchange rate margin (%)
0.66
Percentage difference between market reference rate 82.65 and exchange rate charged 82.100.66
Total cost (%)
1.761.76
Total cost (QAR)sort descendingTotal cost (USD)sort descending
32.038.80
Total Average Second Quarter
0.940.94
Total Average First Quarter
1.031.03
Total Average
Fee
17.144.71
Exchange Rate Margin (%)
-0.01-0.01
Total Cost Percent (%)
0.940.94
Total Cost (QAR) Total Cost (USD)
17.034.68
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Same day Next day 3-5 days
Bank account Cash
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