If you want to find the best money transfer in Qatar, especially if your new in the country, this article is for you.
You can find many money remittances anywhere in Qatar, but you have to choose which money transfer or remittance center can give you the best money exchange rate and less charging.
And for that, I’m gonna show you where and why they are the best money transfer center in Qatar and how you will save extra through discounted fees and a better exchange rate.
There are two ways to send money or transfer money from Qatar to your home country, and that is through online transfer or what we call wire transfer and the traditional way of how we transfer or send money, which is the local remittance branches.
Let me explain the difference between the two and their advantage and disadvantages when sending money abroad.
Online Money Transfer allows the user to do financial transactions via connection to the internet. Also known as online banking or internet banking. All the services of traditional banking transactions can also be done through online banking.
Online Services that you can manage even on your phone
- Money transfer to any accessible bank or country
- Pay bills online
- Deposits online
- Electronic mobile wallet transfer
Not only that, you can see all your financial transactions and history right at your fingertips through mobile apps of your preferred bank or mobile money banking.
So, we will go now to the other way of money transfer, the traditional local money remittances branch.
Local Remittance Payment Branch is a financial service or institution where they move your money from one location to your recipient. It is the traditional way of transferring funds abroad. Before we can send money to our family, you need to visit the local remittance branch and deposit your cash. They will do the fund transfer to your chosen beneficiary or recipient.
Many local branches have partners with western union and MoneyGram services wherein these said companies are one of the authorities in money transfer.
Here is the List of Local Remittance Branches for Money Transfer in Qatar
- Al Fardan Exchange
- Unimoni
- Western Union
- Arabian Exchange
- Al Mirqab Exchange
- Gulf Exchange
- Trust Exchange
- Eastern Exchange
- Lulu Exchange
List of Online Banking or Internet Banking in Qatar, Where you can Transfer Money
1. Online mobile and Internet Banking
You can download your online bank mobile application on your iPhone or Android devices if you have a credit or debit card.
Your bank mobile apps are available for all their existing customers, and it’s free to download; head to the google play store and find the apps for your banks.
See here: List of Banks in Qatar
2. Ooredoo Mobile Money
If you are an iPhone user, click iPhone or, if you are using Android devices, click here to download.
How to register and to start using the Ooredoo Mobile Money App
- 1. Dial *140# on your mobile phone and follow the onscreen instructions to enter your QID Number and then accept the T&C and finally create your own secured 4-digit PIN or Ooredoo mobile password.
- 2. Go to your nearest Ooredoo Shop with your original QID and inquire for registration to Ooredoo Shop Staff to register you for Ooredoo Mobile Money.
How to deposit cash or online transfer money to your Mobile Wallet
- Look for Ooredoo Machine (SSM) available near you.
- Transfer money to your Mobile Money Wallet directly from your QNB Account using QNB Mobile Payment Service.
- Visit our Ooredoo shops or any Al Anees, Starlink, Ghasham, and Jumbo Electronics outlets.
- Request your employer, if possible, to transfer money directly to your OMM Wallet using the Local Transfers Option.
- You can also transfer money from any debit account to your mobile wallet.
3. Western Union Money Transfer App
Western Union, in partnership with Al Fardan exchange, the company, launched money transfer services in Qatar.
Transferring destination to over 200 countries and with the starting fee of 15 Qatari riyals, aside from that western union app user can track their transactions and history 24/7 anywhere in Qatar through pc and mobile devices.
First, Download the Western Union app HERE for iPhone users. If you are on an Android device, Click Here.
This is How to Register on Western Union Online Money Transfer Apps
- Download the Western Union mobile application or register through the wu.com web portal.
- Verify your mobile number upon receiving the OTP.
- Verify your registered email by clicking the link received from Western Union.
- Take a photo of your QID from both sides.
- Take a selfie video holding your QID for 3 seconds.
- Send both QID photos and the selfie video from your registered email address to wu.support@alfardanexchange.com.qa or from your registered phone number to Alfardan Exchange via WhatsApp to 44537777
- Alfardan Exchange Customer Services Agents will contact you to verify and confirm the registration.
How to send money online with Western Union easily.
- Log in to your online profile.
- Choose the destination country, transfer amount, and delivery method (cash).
- Enter your receiver’s name, the purpose of your transaction, and the source of your funds
- Confirm your transaction details and pay with a debit card issued in Qatar.
- After you get the confirmation email, save the Money Transfer Control Number (MTCN) and make sure that is the correct copy and give it to your recipient so they can claim the money.
And lastly, you can pay it through a NAPS debit card issued in Qatar.
4. Lulu Exchange Online App
Now, not only shopping you can do at lulu, Lulu exchange is now open to the public for quick and easy money transfer; over 170 countries you can transfer money securely, and you can find it inside the Lulu hypermarket and other lulu branches around the country.
You can download the Lulu Exchange Money App Here: iOS Device | Android Device
Payment Method: NAPS debit card(s) issued in Qatar
Contact: info@qa.luluexchange.com | (+974) 44945888/55846345
Registration: Go to Lulu Express B-Ring 4th floor and bring your valid QID
By now, you have an idea now on which money transfer you will use when payday arrives, and let me know in the comment section if you are using a different or other method on how you send money back to your home country.
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