How to send money to Saudi Arabia from Qatar with the best QAR-SAR rate

Always compare ways to send money from Qatar to Saudi Arabia to get the best options for fees, speed, and reliability.

For QAR/SAR

• Key Currency is our top pick for sending QAR to SAR. For example, sending 50,000 QAR to SAR will cost you ﷼0 in fees, and you will receive 51,297.58 SAR. The delivery time is minutes - 3 days, but it depends on the day you make the transfer.

• Cheapest way to send money to Saudi Arabia from Qatar is with Key Currency. The cost is made up of a fee of 0 QAR and an exchange rate for buying Saudi Riyal with Qatari Rial that is 0.25% different to the mid-market rate.

• Of the 3 companies compared, Regency FX currently offers the fastest money transfers to Saudi Arabia from Qatar. Sending ﷼50,000 to Saudi Arabia through Regency FX will be minutes - 24 hours.

Our analysis included 3 providers that operate between Qatar and Saudi Arabia.

Through this, you get a comprehensive view of all the options you have in Qatar when you need to send money to Saudi Arabia.

The exchange rate determines how many QAR the recipient will get in Saudi Arabia when you send Qatari Rial.

When calculating the costs of money transfers between Qatar and Saudi Arabia, here's what really matters:

• The Mid-Market Rate: Today, the QAR-SAR mid-market rate equals to 1.0297 SAR per Qatari Rial.

• Fees may also be added on top, and usually vary depending on how much QAR you are sending to Saudi Arabia.

• For the best combination of rates and fees, we suggest using Key Currency.

Today, the average exchange rate between Qatari Rial and Saudi Riyal is 1.0297.

The QAR-SAR rate fluctuates constantly, so timing your transfer to Saudi Arabia can help you save a lot of money.

Sometimes, waiting a day or two can help you get more SAR for the same amount of QAR. You can also opt for a forward contract to lock in rates between Qatar and Saudi Arabia.

A bank transfer is the most cost effective option for sending money from Qatar to Saudi Arabia. The company offering the best bank transfer price is Key Currency.

Here are all the ways to send money from Qatar to Saudi Arabia:

Bank transfers

The default option for sending money from Qatar to Saudi Arabia is often a bank transfer.

Using a money transfer company such as Key Currency for transfers from Qatar to Saudi Arabia, allows for sending via a bank transfer while benefiting from lower fees and more favorable exchange rates. 


Debit and prepaid cards

Sending money from Qatar to Saudi Arabia with a prepaid or debit card is easy with .


is a leader in accepting card payments for transfers between Qatar and Saudi Arabia.

Credit cards

We recommend using a bank transfer or a debit card deposit instead of a credit card, as many companies do not allow direct deposits with a credit card and are usually more expensive and come with cash advance fees!

Always choose providers that are regulated by financial authorities to ensure funds are safe when transferring from Qatar to Saudi Arabia.

If you don’t know what the key regulatory bodies for money transfers are between Qatar and Saudi Arabia, please refer to our directory of financial regulators worldwide.

Some services have limits on how much you can transfer from Qatar to Saudi Arabia. This applies when receiving money in Saudi Arabia as well.

Different companies will offer different rates or lower fees for different transfer amounts.

For example, we recommend using Key Currency if you need to send large amounts of QAR to Saudi Arabia.

This being said, always check with the recipient and understand any declarations needed on large amounts of money leaving Qatar, or entering Saudi Arabia.

There are different ways to receive money in Saudi Arabia. You can do a direct bank deposit, cash pickup, use a mobile wallet or receive money into a multi-currency account.

If you (or the recipient) want a direct transfer to your bank account, Key Currency is the best money transfer company for bank transfers between Qatar and Saudi Arabia.

And if you need cash right away, check if cash pickup is an option for transfers between Qatar and Saudi Arabia.

Mobile wallet services and payment apps like PayPal, Xoom, and CashApp are popular too, but they come with more limitations and higher costs compared to money transfer providers like Key Currency.

When you're sending or receiving money between Qatar and Saudi Arabia, you have to be ready to show some ID.

The exact documents you need might vary. Usually in Qatar this will be a government ID like a passport or driver's license. This will be similar if you need to open an account or collect cash in Saudi Arabia.

If you're making a big transaction between Qatar and Saudi Arabia, a provider may ask you for proof of address or may want to know where your money comes from.

Key Currency is a great option for sending from Qatar as the sign up process is pretty straightforward, even for larger transactions.

When sending large amounts of money between Qatar to Saudi Arabia there will be tax implications to consider.

Some QAR-SAR transfers may need to be reported to tax authorities, particularly where inheritance or property sales are involved.

Tax limits and personal allowances differ in Saudi Arabia based on age, income and a few other elements. When in doubt, please contact a tax professional in Qatar or Saudi Arabia to discuss your personal circumstances.