Send Money to Qatar

GCEN
Margin Rate: 0.8%
Minimum Transfer: £2000
Transaction Fees: £0
FCA Regualted: FCA Regulated
HIFX
Margin Rate: 5%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
IFX
Margin Rate: 1%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
World First
Margin Rate: 0.7%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Currency Solutions
Margin Rate: 1%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated

Countries in Qatar

Send money transfer to Qatar

The Qatari riyal (QAR) is fully convertible. There are no restrictions on the import and export of funds into and out of Qatar.

For simple transfers to Oman there are different options available:

Provided the recipient has a bank account in Oman a bank transfer will be the easiest method of sending cash.Anyone with a residence visa in Qatar is allowed to open a bank account and to import and export funds, and there are no limits on the physical transport of cash.

If you want to send cash without using your bank account or if you do not have one yet, you can opt for a worldwide money transfer service via a Money Sending Bureau. These establishments found in major cities around the world and are very common in Qatar. With this option however you will need to pay a significant commission on the transfer and it is worth looking around as fees can vary between just a few percent as high as 15% of the sum being sent. These institutions also often comparatively poor exchange rates so again the total costs need to be considered.

The procedure is however relatively simple: You take the money you would like to transfer to an office in cash. You have to fill in a form, pay the service fee, and show a valid ID. Alternatively, you can process your money transfer online. Once this procedure is done, the recipient can pick up the money at another office simply by showing his or her own ID. With the transaction number you receive, you can track the status of your transfer online.

Bank Note System
Qatars monetary unit, the Qatari riyal (QAR), is made up of 100 dirhams. Banknotes are produced in denominations of QR1, QR5, QR10, QR50, QR100 and QR500. Coins are produced in values of 5, 10, 25 and 50 dirhams.

© 2017 : All Rights Reserved
Send Money Home 83 Ducie Street, Manchester M1 2JQ. +44 (0) 844 357 4755 - Email Us