Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From SASaudi Arabia you can also send money to
Transfer money

Sending money from SAUDI ARABIA to YEMEN

Data collected on: May 22, 2024-May 27, 2024
SAR | 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 (SAR)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
Fawri
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
8.052.15
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.071.07
Total cost (SAR)sort descendingTotal cost (USD)sort descending
8.032.14
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
14.953.99
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.991.99
Total cost (SAR)sort descendingTotal cost (USD)sort descending
14.933.98
Firm
STC Pay
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
17.254.60
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.302.30
Total cost (SAR)sort descendingTotal cost (USD)sort descending
17.254.60
Firm
Fawri
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
18.004.80
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.402.40
Total cost (SAR)sort descendingTotal cost (USD)sort descending
18.004.80
Firm
Fawri
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
18.004.80
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.402.40
Total cost (SAR)sort descendingTotal cost (USD)sort descending
18.004.80
Firm
Fawri
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
18.004.80
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.402.40
Total cost (SAR)sort descendingTotal cost (USD)sort descending
18.004.80
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
23.006.13
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
3.073.07
Total cost (SAR)sort descendingTotal cost (USD)sort descending
23.036.14
Firm
STC Pay
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
17.254.60
Exchange rate margin (%)
2.49
Percentage difference between market reference rate 0.27 and exchange rate charged 0.262.49
Total cost (%)
4.794.79
Total cost (SAR)sort descendingTotal cost (USD)sort descending
35.939.58
Total Average Second Quarter
2.552.55
Total Average First Quarter
2.372.37
Total Average
Fee
16.814.48
Exchange Rate Margin (%)
0.310.31
Total Cost Percent (%)
2.552.55
Total Cost (SAR) Total Cost (USD)
19.155.11
Non-Transparent records
Bank account transfer Debit card Mobile money Cash
Same day Next day
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 (SAR)sort descendingTotal cost (USD)sort descending
Firm
Fawri
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
8.052.15
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
0.430.43
Total cost (SAR)sort descendingTotal cost (USD)sort descending
8.042.15
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
14.954.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
0.800.80
Total cost (SAR)sort descendingTotal cost (USD)sort descending
14.964.00
Firm
STC Pay
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
17.254.61
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
0.920.92
Total cost (SAR)sort descendingTotal cost (USD)sort descending
17.204.60
Firm
Fawri
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
18.004.81
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
0.960.96
Total cost (SAR)sort descendingTotal cost (USD)sort descending
17.954.80
Firm
Fawri
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
18.004.81
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
0.960.96
Total cost (SAR)sort descendingTotal cost (USD)sort descending
17.954.80
Firm
Fawri
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
18.004.81
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
0.960.96
Total cost (SAR)sort descendingTotal cost (USD)sort descending
17.954.80
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
23.006.15
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.231.23
Total cost (SAR)sort descendingTotal cost (USD)sort descending
23.006.15
Firm
STC Pay
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
17.254.61
Exchange rate margin (%)
2.49
Percentage difference between market reference rate 0.27 and exchange rate charged 0.262.49
Total cost (%)
3.413.41
Total cost (SAR)sort descendingTotal cost (USD)sort descending
63.7717.05
Total Average Second Quarter
1.211.21
Total Average First Quarter
1.041.04
Total Average
Fee
16.814.50
Exchange Rate Margin (%)
0.310.31
Total Cost Percent (%)
1.211.21
Total Cost (SAR) Total Cost (USD)
22.606.04
Non-Transparent records
Bank account transfer Debit card Mobile money Cash
Same day Next day
Bank account Cash
Least Costly Corridors To Yemen
Least Costly Corridors From Saudi Arabia
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