Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from BAHRAIN to INDIA

Data collected on: Feb 17, 2025 - Feb 24, 2025
BHD | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
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 descending
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
Internet
Sending network coverage
High 
Receiving method
Agent
High 
0.55
0.17
Percentage difference between market reference rate 230.54 and exchange rate charged 230.15
0.90
0.68
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low 
Receiving method
Agent
High 
0.55
0.48
Percentage difference between market reference rate 230.01 and exchange rate charged 228.90
1.21
0.91
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium 
Receiving method
Agent
High 
1.50
0.48
Percentage difference between market reference rate 230.77 and exchange rate charged 229.67
2.48
1.86
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High 
Receiving method
Agent
High 
1.10
1.12
Percentage difference between market reference rate 230.52 and exchange rate charged 227.95
2.59
1.94
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High 
Receiving method
Agent
High 
1.10
1.12
Percentage difference between market reference rate 230.52 and exchange rate charged 227.95
2.59
1.94
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High 
Receiving method
Agent
High 
1.65
0.43
Percentage difference between market reference rate 230.55 and exchange rate charged 229.56
2.63
1.97
NEC Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High 
Receiving method
Agent
High 
1.65
0.44
Percentage difference between market reference rate 230.43 and exchange rate charged 229.41
2.64
1.98
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium 
Receiving method
Agent
High 
1.65
0.57
Percentage difference between market reference rate 229.71 and exchange rate charged 228.40
2.77
2.08
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High 
Receiving method
Agent
High 
1.65
0.68
Percentage difference between market reference rate 230.56 and exchange rate charged 229.00
2.88
2.16
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High 
Receiving method
Agent
High 
1.98
0.67
Percentage difference between market reference rate 230.55 and exchange rate charged 229.01
3.31
2.48
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High 
Receiving method
Agent
High 
2.20
0.78
Percentage difference between market reference rate 230.41 and exchange rate charged 228.60
3.71
2.78
Total Average First Quarter 2025
2.52
Total Average Fourth Quarter 2024
2.72
Total Average
Fee
1.42
Exchange Rate Margin (%)
0.63
Total Cost Percent (%)
2.52
Total Cost (BHD)
1.89
Non-Transparent records
Debit card Bank account transfer Cash
Less than one hour Next day Same day
Cash Bank account