Compare the best ways to send money to Qatar

The exchange rate determines how much QAR the recipient will get when you transfer money to Qatar.

For example, today, the average exchange rate between US Dollar and Qatari Rial is 3.641.

The rate constantly fluctuates depending on the destination currency and the market conditions, so timing your transfer can help you save a lot of money.

Sometimes, waiting a day or two can help you get more QAR.

If you do need to send QAR now, we suggest using Wise.

The cheapest way to pay for your transfer to Qatar is via bank transfer with Key Currency. It is 0.01% cheaper than the next best option.

The way you pay affects the cost, speed, and the amount of QAR you receive.

Here are your cheapest options:

*Based on a 7,000 transfer to Qatar using our comparison data. Transfer time is based on averages from multiple companies.

Avoid using a credit card option for transfers to Qatar, as it’s the most expensive.

Credit card transfers to Qatar come with cash advance fees and higher interest rates on QAR.

When possible, avoid sending QAR over the SWIFT network. Despite its name, SWIFT transfers to Qatar are slower with steeper fees.

In general, the quicker you need QAR delivered, the more it will cost you in fees.

Transfer speed to Qatar depends on the QAR amount, the time you initiate the transfer, and your payment method.

Take, for instance, an urgent need to transfer 7,000 from the US to Qatar.

Overall, of 11 companies serving Qatar, Currencyflow is the fastest regardless of the deposit method.

For bank or debit card deposits, services like Currencyflow excel in this regard, offering near-instantaneous and cheapest QAR transfers with $0 or $0 fees respectively and 0.26% markup.

For most urgent transfers to Qatar, cash pickup will be the fastest, via Western Union or Ria Money.

Avoid SWIFT for QAR transfers as it's slower due to intermediary banks in Qatar.

There are a few ways to send money to Qatar:

Online

You can send money to Qatar with a money transfer provider. You can either choose to use a managed service like an FX broker, or an online-only company.

We found that Wise is the overall best online money transfer provider according to our analysis.

App

Most money transfer services supporting Qatar transfers have an app, often, offering a better QAR rate. You can use our guide to the best money transfer apps to find the one that fits your needs.

In-person

Cash transfers to Qatar in person via Ria Money Transfers or Western Union are almost always instant, but require the recipient to visit the nearest agent to collect QAR.

Money orders

Another option is to send a money order using the postal service in your country. It is a less accepted method but often can be sent to harder-to-reach locations.

There are different ways to receive money in Qatar. You can make a direct bank deposit, send cash for pickup or home delivery, or use a mobile wallet.

If you want a direct transfer to your bank account, Wise offers the best service for bank transfers to Qatar.

If you need cash right away, check if cash pickup is an option for transfers to Qatar.

Digital wallets like CWALLET and iPay Qatar are another popular option to receive money in Qatar. Money will be deposited directly into the e-wallet and the recipient will be able to spend it or move it to their bank account (additional fees may be involved).

PayPal may also be an option. Certain banks, including the National Bank of Qatar, allow users to integrate PayPal with their online banking platform.

However, CashApp is not available in Qatar so you won't be able to use it to receive money.

To receive money in Qatar, you will need:

• Valid forms of ID: this could be a Qatari driver’s license, a passport, or a Qatari ID (QID) card.

• Sender's information: the full name and address of the sender.

• Transfer details: the amount of QAR to be received.

• Transfer reference number: will be needed for cash pickup or home delivery.

When you're sending or receiving money in Qatar, you have to be ready to share some documents.

The exact documents you need might vary by the company you use. Usually, you will have to:

• Show a government ID like a passport or driver's license.

• Give your contact details such as phone number and email address.

You will also need the recipients' details in Qatar. Sometimes this may include an IBAN or a SWIFT code depending on your payment method.

If you're making a large transaction to Qatar, a provider may ask you for proof of address (e.g. a phone or utility bill) and your source of funds (e.g. a bank statement).

That’s why we suggest Wise in this case. They know how to handle large QAR transfers and will help you get things done fast.

Taxation on money transfers depends on the amount you transfer and its intended purpose.

You’ll be taxed if your business sends over $10,000 during the tax year or if you have a foreign bank account containing over $10,000.

Qatari recipients won’t generally pay a remittance tax, though any income they receive for a business payment may count as income tax for self-employed individuals.