Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From BHBahrain you can also send money to

Sending money from BAHRAIN to BANGLADESH

Data collected on: Feb 26, 2024-Mar 13, 2024
BHD | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
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 (%)sort ascending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (BHD)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.102.93
9.05
Percentage difference between market reference rate 318.30 and exchange rate charged 289.51
9.05
10.5210.52
7.8921.04
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.102.93
9.03
Percentage difference between market reference rate 318.30 and exchange rate charged 289.57
9.03
10.5010.50
7.8821.01
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.102.93
9.03
Percentage difference between market reference rate 318.30 and exchange rate charged 289.57
9.03
10.5010.50
7.8821.01
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
1.002.67
8.76
Percentage difference between market reference rate 318.30 and exchange rate charged 290.41
8.76
10.0910.09
7.5720.19
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
0.882.35
8.81
Percentage difference between market reference rate 318.30 and exchange rate charged 290.26
8.81
9.989.98
7.4919.97
Zenj Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
1.002.67
6.25
Percentage difference between market reference rate 318.30 and exchange rate charged 298.41
6.25
7.587.58
5.6915.17
National Finance and Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.102.93
3.98
Percentage difference between market reference rate 318.30 and exchange rate charged 305.64
3.98
5.455.45
4.0910.91
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
1.002.67
3.10
Percentage difference between market reference rate 318.30 and exchange rate charged 308.45
3.10
4.434.43
3.328.85
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.002.67
3.08
Percentage difference between market reference rate 318.30 and exchange rate charged 308.50
3.08
4.414.41
3.318.83
NEC Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.102.93
2.75
Percentage difference between market reference rate 318.30 and exchange rate charged 309.55
2.75
4.224.22
3.178.45
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.002.67
2.75
Percentage difference between market reference rate 318.30 and exchange rate charged 309.56
2.75
4.084.08
3.068.16
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
0.882.35
2.73
Percentage difference between market reference rate 318.30 and exchange rate charged 309.61
2.73
3.903.90
2.937.81
Zenj Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.102.93
-0.87
Percentage difference between market reference rate 318.30 and exchange rate charged 321.06
-0.87
0.600.60
0.451.20
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.102.93
-1.51
Percentage difference between market reference rate 318.30 and exchange rate charged 323.10
-1.51
-0.04-0.04
-0.03-0.08
Total Average First Quarter
6.166.16
Total Average Fourth Quarter 2023
7.537.53
Total Average
Fee
1.032.75
Exchange Rate Margin (%)
4.784.78
Total Cost Percent (%)
6.166.16
Total Cost (BHD) Total Cost (USD)
4.6212.32
Non-Transparent records
Debit card Mobile money Cash
Same day Next day 2 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.102.89
-1.51
Percentage difference between market reference rate 318.30 and exchange rate charged 323.10
-1.51
-0.93-0.93
-1.77-4.66
Zenj Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.102.89
-0.87
Percentage difference between market reference rate 318.30 and exchange rate charged 321.06
-0.87
-0.29-0.29
-0.55-1.45
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
0.882.32
2.73
Percentage difference between market reference rate 318.30 and exchange rate charged 309.61
2.73
3.193.19
6.0615.95
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.002.63
2.75
Percentage difference between market reference rate 318.30 and exchange rate charged 309.56
2.75
3.283.28
6.2316.39
NEC Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.102.89
2.75
Percentage difference between market reference rate 318.30 and exchange rate charged 309.55
2.75
3.333.33
6.3316.66
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.002.63
3.08
Percentage difference between market reference rate 318.30 and exchange rate charged 308.50
3.08
3.613.61
6.8618.05
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
1.002.63
3.10
Percentage difference between market reference rate 318.30 and exchange rate charged 308.45
3.10
3.633.63
6.9018.16
National Finance and Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.102.89
3.98
Percentage difference between market reference rate 318.30 and exchange rate charged 305.64
3.98
4.564.56
8.6622.79
Zenj Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
1.002.63
6.25
Percentage difference between market reference rate 318.30 and exchange rate charged 298.41
6.25
6.786.78
12.8833.89
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
0.882.32
8.81
Percentage difference between market reference rate 318.30 and exchange rate charged 290.26
8.81
9.279.27
17.6146.34
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
1.002.63
8.76
Percentage difference between market reference rate 318.30 and exchange rate charged 290.41
8.76
9.299.29
17.6546.45
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.102.89
9.03
Percentage difference between market reference rate 318.30 and exchange rate charged 289.57
9.03
9.619.61
18.2648.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.102.89
9.03
Percentage difference between market reference rate 318.30 and exchange rate charged 289.57
9.03
9.619.61
18.2648.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.102.89
9.05
Percentage difference between market reference rate 318.30 and exchange rate charged 289.51
9.05
9.639.63
18.3048.16
Total Average First Quarter
5.335.33
Total Average Fourth Quarter 2023
6.676.67
Total Average
Fee
1.032.72
Exchange Rate Margin (%)
4.784.78
Total Cost Percent (%)
5.335.33
Total Cost (BHD) Total Cost (USD)
10.1226.63
Non-Transparent records
Debit card Mobile money Cash
Same day Next day 2 days
Bank account Cash