Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From BHBahrain you can also send money to

Sending money from BAHRAIN to EGYPT

Data collected on: Aug 23, 2023-Aug 30, 2023
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 (%)
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.
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
2.205.87
0.47
Percentage difference between market reference rate 2.65 and exchange rate charged 2.64
0.47
3.403.40
2.556.80
NEC Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.757.33
3.11
Percentage difference between market reference rate 2.65 and exchange rate charged 2.57
3.11
6.786.78
5.0913.57
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
1.504.00
0.53
Percentage difference between market reference rate 81.96 and exchange rate charged 81.53
0.53
2.532.53
1.905.07
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
2.757.33
3.08
Percentage difference between market reference rate 81.96 and exchange rate charged 79.44
3.08
6.756.75
5.0613.49
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.504.00
2.93
Percentage difference between market reference rate 81.96 and exchange rate charged 79.57
2.93
4.934.93
3.709.87
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.504.00
0.70
Percentage difference between market reference rate 82.10 and exchange rate charged 81.52
0.70
2.702.70
2.035.41
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
2.757.33
3.08
Percentage difference between market reference rate 81.96 and exchange rate charged 79.44
3.08
6.756.75
5.0613.49
Total Average Third Quarter 2023
4.834.83
Total Average Second Quarter 2023
4.124.12
Total Average
Fee
2.145.70
Exchange Rate Margin (%)
1.991.99
Total Cost Percent (%)
4.834.83
Total Cost (BHD) Total Cost (USD)
3.639.67
Non-Transparent records
Debit card Cash
Same day 2 days
Cash
Payment instrument
Access point
Sending network coverage
Receiving method
NEC Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
4.4011.58
3.11
Percentage difference between market reference rate 2.65 and exchange rate charged 2.57
3.11
5.435.43
10.3227.16
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
4.4011.58
3.08
Percentage difference between market reference rate 81.96 and exchange rate charged 79.44
3.08
5.405.40
10.2627.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
4.4011.58
3.08
Percentage difference between market reference rate 81.96 and exchange rate charged 79.44
3.08
5.405.40
10.2627.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.503.95
2.93
Percentage difference between market reference rate 81.96 and exchange rate charged 79.57
2.93
3.723.72
7.0718.61
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
2.205.79
0.47
Percentage difference between market reference rate 2.65 and exchange rate charged 2.64
0.47
1.631.63
3.108.16
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.503.95
0.70
Percentage difference between market reference rate 82.10 and exchange rate charged 81.52
0.70
1.491.49
2.837.45
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
1.503.95
0.53
Percentage difference between market reference rate 81.96 and exchange rate charged 81.53
0.53
1.321.32
2.516.61
Total Average Third Quarter 2023
3.483.48
Total Average Second Quarter 2023
2.932.93
Total Average
Fee
2.847.48
Exchange Rate Margin (%)
1.991.99
Total Cost Percent (%)
3.483.48
Total Cost (BHD) Total Cost (USD)
6.6217.42
Non-Transparent records
Debit card Cash
Same day 2 days
Cash