Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From BHBahrain you can also send money to
Transfer money

Sending money from BAHRAIN to BANGLADESH

Data collected on: Aug 24, 2022-Sep 05, 2022
BHD | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (BHD)sort descendingTotal cost (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Firm
NEC Remit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.102.93
Exchange rate margin (%)
-0.49
Percentage difference between market reference rate 294.45 and exchange rate charged 295.90-0.49
Total cost (%)
0.970.97
Total cost (BHD)sort descendingTotal cost (USD)sort descending
0.731.95
Firm
National Finance and Exchange Co
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.002.67
Exchange rate margin (%)
-0.28
Percentage difference between market reference rate 294.45 and exchange rate charged 295.27-0.28
Total cost (%)
1.061.06
Total cost (BHD)sort descendingTotal cost (USD)sort descending
0.802.13
Firm
Zenj Exchange Co
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.102.93
Exchange rate margin (%)
0.13
Percentage difference between market reference rate 294.45 and exchange rate charged 294.080.13
Total cost (%)
1.601.60
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.203.20
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
1.002.67
Exchange rate margin (%)
0.45
Percentage difference between market reference rate 294.45 and exchange rate charged 293.130.45
Total cost (%)
1.781.78
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.343.57
Firm
Zenj Exchange Co
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
1.102.93
Exchange rate margin (%)
0.94
Percentage difference between market reference rate 294.45 and exchange rate charged 291.670.94
Total cost (%)
2.412.41
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.814.83
Firm
Bahrain Financing Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.102.93
Exchange rate margin (%)
0.95
Percentage difference between market reference rate 294.45 and exchange rate charged 291.650.95
Total cost (%)
2.422.42
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.824.85
Firm
Bahrain Financing Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.002.67
Exchange rate margin (%)
1.64
Percentage difference between market reference rate 294.45 and exchange rate charged 289.641.64
Total cost (%)
2.972.97
Total cost (BHD)sort descendingTotal cost (USD)sort descending
2.235.95
Firm
Bahrain Financing Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.654.40
Exchange rate margin (%)
1.19
Percentage difference between market reference rate 294.45 and exchange rate charged 290.951.19
Total cost (%)
3.393.39
Total cost (BHD)sort descendingTotal cost (USD)sort descending
2.546.77
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.002.67
Exchange rate margin (%)
2.20
Percentage difference between market reference rate 294.45 and exchange rate charged 287.982.20
Total cost (%)
3.533.53
Total cost (BHD)sort descendingTotal cost (USD)sort descending
2.657.07
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.102.93
Exchange rate margin (%)
2.10
Percentage difference between market reference rate 294.45 and exchange rate charged 288.262.10
Total cost (%)
3.573.57
Total cost (BHD)sort descendingTotal cost (USD)sort descending
2.687.15
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.102.93
Exchange rate margin (%)
2.10
Percentage difference between market reference rate 294.45 and exchange rate charged 288.262.10
Total cost (%)
3.573.57
Total cost (BHD)sort descendingTotal cost (USD)sort descending
2.687.15
Firm
Lulu Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
0.882.35
Exchange rate margin (%)
2.62
Percentage difference between market reference rate 294.45 and exchange rate charged 286.732.62
Total cost (%)
3.803.80
Total cost (BHD)sort descendingTotal cost (USD)sort descending
2.857.60
Total Average Third Quarter 2022
2.592.59
Total Average Second Quarter 2022
1.501.50
Total Average
Fee
1.092.92
Exchange Rate Margin (%)
1.131.13
Total Cost Percent (%)
2.592.59
Total Cost (BHD) Total Cost (USD)
1.945.18
Non-Transparent records
Debit card Cash
Less than one hour Same day 2 days
Bank account Cash
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (BHD)sort descendingTotal cost (USD)sort descending
Firm
NEC Remit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.102.89
Exchange rate margin (%)
-0.49
Percentage difference between market reference rate 294.45 and exchange rate charged 295.90-0.49
Total cost (%)
0.090.09
Total cost (BHD)sort descendingTotal cost (USD)sort descending
0.170.45
Firm
National Finance and Exchange Co
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.002.63
Exchange rate margin (%)
-0.28
Percentage difference between market reference rate 294.45 and exchange rate charged 295.27-0.28
Total cost (%)
0.250.25
Total cost (BHD)sort descendingTotal cost (USD)sort descending
0.481.26
Firm
Zenj Exchange Co
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.102.89
Exchange rate margin (%)
0.13
Percentage difference between market reference rate 294.45 and exchange rate charged 294.080.13
Total cost (%)
0.710.71
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.353.55
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
1.002.63
Exchange rate margin (%)
0.45
Percentage difference between market reference rate 294.45 and exchange rate charged 293.130.45
Total cost (%)
0.970.97
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.844.84
Firm
Zenj Exchange Co
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
1.102.89
Exchange rate margin (%)
0.94
Percentage difference between market reference rate 294.45 and exchange rate charged 291.670.94
Total cost (%)
1.521.52
Total cost (BHD)sort descendingTotal cost (USD)sort descending
2.897.61
Firm
Bahrain Financing Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.102.89
Exchange rate margin (%)
0.95
Percentage difference between market reference rate 294.45 and exchange rate charged 291.650.95
Total cost (%)
1.531.53
Total cost (BHD)sort descendingTotal cost (USD)sort descending
2.917.66
Firm
Bahrain Financing Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.654.34
Exchange rate margin (%)
1.19
Percentage difference between market reference rate 294.45 and exchange rate charged 290.951.19
Total cost (%)
2.062.06
Total cost (BHD)sort descendingTotal cost (USD)sort descending
3.9110.29
Firm
Bahrain Financing Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.002.63
Exchange rate margin (%)
1.64
Percentage difference between market reference rate 294.45 and exchange rate charged 289.641.64
Total cost (%)
2.162.16
Total cost (BHD)sort descendingTotal cost (USD)sort descending
4.1010.79
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.002.63
Exchange rate margin (%)
2.10
Percentage difference between market reference rate 294.45 and exchange rate charged 288.262.10
Total cost (%)
2.632.63
Total cost (BHD)sort descendingTotal cost (USD)sort descending
5.0013.16
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.102.89
Exchange rate margin (%)
2.10
Percentage difference between market reference rate 294.45 and exchange rate charged 288.262.10
Total cost (%)
2.682.68
Total cost (BHD)sort descendingTotal cost (USD)sort descending
5.0913.39
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.002.63
Exchange rate margin (%)
2.20
Percentage difference between market reference rate 294.45 and exchange rate charged 287.982.20
Total cost (%)
2.732.73
Total cost (BHD)sort descendingTotal cost (USD)sort descending
5.1913.66
Firm
Lulu Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
0.882.32
Exchange rate margin (%)
2.62
Percentage difference between market reference rate 294.45 and exchange rate charged 286.732.62
Total cost (%)
3.093.09
Total cost (BHD)sort descendingTotal cost (USD)sort descending
5.8715.45
Total Average Third Quarter 2022
1.701.70
Total Average Second Quarter 2022
0.660.66
Total Average
Fee
1.092.86
Exchange Rate Margin (%)
1.131.13
Total Cost Percent (%)
1.701.70
Total Cost (BHD) Total Cost (USD)
3.238.51
Non-Transparent records
Debit card Cash
Less than one hour Same day 2 days
Bank account Cash
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