Standanista

Can anybody recommend where the best rates are to send money from Qatar to a UK bank account, please?

(I'm a bit out of the loop. Work have just switched from paying in GBP to QAR after 5.5 years.)

Ta.

Standanista

Just an update for anybody looking for similar info. After a fair bit of shopping around, Gulf Exchange had the best rate.

OneBrightStar

CBQ used to offer good rates. For example, if the xe.com rate was £1 = QAR 4.60, CBQ would offer £1 = QAR 4.66, so I used to make a straight transfer from the bank. Quite recently, the rate has changed, and now it is £1 = QAR 4.78 for whatever reason. On the other hand, QNB offers £1 = QAR 4.74

Standanista

Thanks, OBS. That's a pity about CBQ. It would have been handy as my account is with them.

By way of comparison, the CBQ app is currently offering 4.79. The best of the exchanges in DCC were offering 4.72 on Friday. Gulf Exchange in the souq gave me 4.66. Xe.com was showing a mid-market rate at the time of a shade under 4.60, same as now.

OneBrightStar

That is a great rate from the Gulf Exchange. Let me try those guys.