IS LARI EXCHANGE RELIABLE?

CK.SHAMEER
By CK.SHAMEER

I TRIED TO SEND RS 400000 TO MY ICICI AND SOUTH INDIAN BANK ACCOUNTS WITH LARI EXCHANGE.
THEY ASKED ME ANOTHER COMMISSION ON AN AMOUNT AFTER RS 250000 AND I NEVER HEARD SUCH A DOUBLE COMMISSION FROM ANY EXCHANGE IN DOHA.

SECONDLY THE FUND WAS FOR AN EMERGENCY AND IT DID NOT REACH WITHIN 24 HOURS(STILL NOT REACHED) WHERE AS I TRIED WITH ALL EXCHANGES IN BAHRAIN AND QATAR COUNTLESS TIME AND TRANSACTION NEVER DELAYED MORE THAN 24 HOURS....

IS THIS IS SOME THING ABNORMAL ESPECIALLY FUND DID NOT REACH IN TIME?WHOM TO BE COMPLAINED?

By csiraj• 23 Jan 2011 11:58
Rating: 4/5
csiraj

Lari Ecahnge,,,is better than all other exhnge now....they will transfer the money above 200000 with in minutes,,,and below 200000 with in 24 hrs.also they are providing best rates,,,,,,also only 10 qr commintion for all amont

By csiraj• 23 Jan 2011 11:57
Rating: 5/5
csiraj

Lari Ecahnge,,,is better than all other exhnge now....they will transfer the money above 200000 with in minutes,,,and below 200000 with in 24 hrs.also they are providing best rates,,,,,,also only 10 qr commintion for all amont

By every_mothers_nightmare• 28 Jan 2009 22:21
every_mothers_nightmare

why dont people us net banking to transfer money.

By zhyiellha• 28 Jan 2009 22:10
zhyiellha

try GULF EXCHANGE COMPANY- YOU CAN CALL THIS NUMBERS: 4383-265/263/270/269.. ALL THese are counters. you can check out BEST RATES ...which part you are? i can give you more counter numbers if you want.. just tell me your location...to make it easy for you.and one thing for sure. this company is Reliable...

By Technologist• 1 Jan 2009 12:57
Rating: 4/5
Technologist

I wonder what's wrong with Lari Exchange. I have send money with them several times (to Federal Bank, State Bank of India and DD's directely to my relatives in India), which always reached in time. They 've given a good rate also. The last time I send about 300000/- DD to my relative in India. They have issued me a card also for EZRemit thing.

They usually keep up good job. One thing I have noticed that DD's usually takes three days to reach the destined person. And I never heard of this commission business except that 15 Riyal charge per DD (Which they call Commission!!).What ever the amount the 15 Riyal remains the same!.

By cherukkan• 30 Dec 2008 09:37
cherukkan

Do you have a receipt from the exchange mentioning that the money will be delivered with in 24 hours? I have been using City Exchange in Souq Al Najda who can transfer money to many Indian Banks including SIB and they really very prompt and reliable. I dont know anything about this Lari Exchange. You should go and talk to their Manager and tell him that if the money is not delivered with in 12 hours you will file a case against them. No other exchanges are asking for a double commission.

By the-birdie• 30 Dec 2008 08:44
Rating: 5/5
the-birdie

Sending thru bank, Bank also takes commision. I think Doha Bank has this facitily

we send thru Habib exchange to SBI. And we get SMS alert from Bank, when the amoutn is credited, which is between 36-48 hours. Alert comes even at midngiht !!!!!

By Kaldoosh• 30 Dec 2008 08:43
Kaldoosh

It is legal what they asked you

By freedomstar• 30 Dec 2008 08:20
Rating: 2/5
freedomstar

we experienced the same before,they telling you can get the money by the next day but its not, but now were using bank to bank transaction. and we never used lari exchange anymore. sad experienced.

By GodFather.• 30 Dec 2008 06:54
Rating: 2/5
GodFather.

Newer used any exchange compnay always send through a bank..

By GodFather.• 30 Dec 2008 06:54
GodFather.

Newer used any exchange compnay always send through a bank..

Log in or register to post comments

More from Qatar Living

Qatar’s top beaches for water sports thrills

Qatar’s top beaches for water sports thrills

Let's dive into the best beaches in Qatar, where you can have a blast with water activities, sports and all around fun times.
Most Useful Apps In Qatar - Part Two

Most Useful Apps In Qatar - Part Two

This guide brings you the top apps that will simplify the use of government services in Qatar.
Most Useful Apps In Qatar - Part One

Most Useful Apps In Qatar - Part One

this guide presents the top must-have Qatar-based apps to help you navigate, dine, explore, access government services, and more in the country.
Winter is coming – Qatar’s seasonal adventures await!

Winter is coming – Qatar’s seasonal adventures await!

Qatar's winter months are brimming with unmissable experiences, from the AFC Asian Cup 2023 to the World Aquatics Championships Doha 2024 and a variety of outdoor adventures and cultural delights.
7 Days of Fun: One-Week Activity Plan for Kids

7 Days of Fun: One-Week Activity Plan for Kids

Stuck with a week-long holiday and bored kids? We've got a one week activity plan for fun, learning, and lasting memories.
Wallet-friendly Mango Sticky Rice restaurants that are delightful on a budget

Wallet-friendly Mango Sticky Rice restaurants that are delightful on a budget

Fasten your seatbelts and get ready for a sweet escape into the world of budget-friendly Mango Sticky Rice that's sure to satisfy both your cravings and your budget!
Places to enjoy Mango Sticky Rice in  high-end elegance

Places to enjoy Mango Sticky Rice in high-end elegance

Delve into a world of culinary luxury as we explore the upmarket hotels and fine dining restaurants serving exquisite Mango Sticky Rice.
Where to celebrate World Vegan Day in Qatar

Where to celebrate World Vegan Day in Qatar

Celebrate World Vegan Day with our list of vegan food outlets offering an array of delectable options, spanning from colorful salads to savory shawarma and indulgent desserts.