How to send money to Qatar
Discover how to send money to Qatar at the best QAR rate in a few easy steps
1. Make sure the Qatari riyal exchange rate is favorable
Transfering money at the right moment can help you save money. Monitor the evolution of the Qatari riyal exchange rate and validate your transfer when you can get a good exchange rate.
2. Make your choice among the 16 money transfer companies sending money to Qatar to find the best option.
Monito compares many services offering money transfer services to Qatar, such as TransferWise, Western Union, Currencies Direct, Currency Solutions, Xendpay. You can save a lot of money by comparing them all and find the most competitive deal for your upcoming money transfer.
3. Choose the best money transfer company for your transfer
Search for the option with the most competitive pricing, the faster transfer time, highest reviews, or the best compromise.
In addition, you may want to pay attention to the pay-in and pay-out methods. Bank transfer or credit/debit cards are the most common pay-in methods to send money to Qatar online. In Qatar, look at different options if you need the converted amount to be sent directly to the recipient's bank account or be available for cash pick-up.
4. Sign up and start your money transfer to Qatar with the money transfer provider of your choice
The last step is to register on the provider's online portal - be aware you will often need to upload an ID and/or a proof of adress - and provide the details of your money transfer to Qatar.