Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From BHBahrain you can also send money to
Transfer money

Sending money from BAHRAIN to INDIA

Data collected on: Nov 19, 2024-Dec 04, 2024
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
ICICI Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.102.93
Exchange rate margin (%)
0.45
Percentage difference between market reference rate 224.57 and exchange rate charged 223.550.45
Total cost (%)
1.921.92
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.443.84
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.504.00
Exchange rate margin (%)
0.06
Percentage difference between market reference rate 223.92 and exchange rate charged 223.790.06
Total cost (%)
2.062.06
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.554.13
Firm
BIIECO
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.504.00
Exchange rate margin (%)
0.39
Percentage difference between market reference rate 224.09 and exchange rate charged 223.210.39
Total cost (%)
2.392.39
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.794.77
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
1.504.00
Exchange rate margin (%)
0.49
Percentage difference between market reference rate 224.11 and exchange rate charged 223.000.49
Total cost (%)
2.492.49
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.874.99
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 (%)
0.31
Percentage difference between market reference rate 224.09 and exchange rate charged 223.400.31
Total cost (%)
2.512.51
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.885.01
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
1.654.40
Exchange rate margin (%)
0.30
Percentage difference between market reference rate 224.06 and exchange rate charged 223.400.30
Total cost (%)
2.502.50
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.885.01
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 (%)
1.25
Percentage difference between market reference rate 224.10 and exchange rate charged 221.301.25
Total cost (%)
2.722.72
Total cost (BHD)sort descendingTotal cost (USD)sort descending
2.045.44
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 (%)
1.38
Percentage difference between market reference rate 224.09 and exchange rate charged 221.001.38
Total cost (%)
2.852.85
Total cost (BHD)sort descendingTotal cost (USD)sort descending
2.145.71
Firm
BIIECO
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.504.00
Exchange rate margin (%)
0.93
Percentage difference between market reference rate 224.09 and exchange rate charged 222.000.93
Total cost (%)
2.932.93
Total cost (BHD)sort descendingTotal cost (USD)sort descending
2.205.87
Firm
SBI Express
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.005.33
Exchange rate margin (%)
0.69
Percentage difference between market reference rate 223.60 and exchange rate charged 222.050.69
Total cost (%)
3.363.36
Total cost (BHD)sort descendingTotal cost (USD)sort descending
2.526.72
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.005.33
Exchange rate margin (%)
1.47
Percentage difference between market reference rate 224.10 and exchange rate charged 220.801.47
Total cost (%)
4.144.14
Total cost (BHD)sort descendingTotal cost (USD)sort descending
3.118.29
Total Average Fourth Quarter 2024
2.722.72
Total Average Third Quarter 2024
3.193.19
Total Average
Fee
1.514.02
Exchange Rate Margin (%)
0.700.70
Total Cost Percent (%)
2.722.72
Total Cost (BHD) Total Cost (USD)
2.045.44
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Same day Next day
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
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.503.95
Exchange rate margin (%)
0.06
Percentage difference between market reference rate 223.92 and exchange rate charged 223.790.06
Total cost (%)
0.850.85
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.624.26
Firm
ICICI Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.102.89
Exchange rate margin (%)
0.45
Percentage difference between market reference rate 224.57 and exchange rate charged 223.550.45
Total cost (%)
1.031.03
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.965.16
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
1.654.34
Exchange rate margin (%)
0.30
Percentage difference between market reference rate 224.06 and exchange rate charged 223.400.30
Total cost (%)
1.171.17
Total cost (BHD)sort descendingTotal cost (USD)sort descending
2.225.84
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 (%)
0.31
Percentage difference between market reference rate 224.09 and exchange rate charged 223.400.31
Total cost (%)
1.181.18
Total cost (BHD)sort descendingTotal cost (USD)sort descending
2.245.89
Firm
BIIECO
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.503.95
Exchange rate margin (%)
0.39
Percentage difference between market reference rate 224.09 and exchange rate charged 223.210.39
Total cost (%)
1.181.18
Total cost (BHD)sort descendingTotal cost (USD)sort descending
2.245.89
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
1.503.95
Exchange rate margin (%)
0.49
Percentage difference between market reference rate 224.11 and exchange rate charged 223.000.49
Total cost (%)
1.281.28
Total cost (BHD)sort descendingTotal cost (USD)sort descending
2.436.39
Firm
BIIECO
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.503.95
Exchange rate margin (%)
0.93
Percentage difference between market reference rate 224.09 and exchange rate charged 222.000.93
Total cost (%)
1.721.72
Total cost (BHD)sort descendingTotal cost (USD)sort descending
3.278.61
Firm
SBI Express
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2.005.26
Exchange rate margin (%)
0.69
Percentage difference between market reference rate 223.60 and exchange rate charged 222.050.69
Total cost (%)
1.741.74
Total cost (BHD)sort descendingTotal cost (USD)sort descending
3.318.71
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
1.102.89
Exchange rate margin (%)
1.25
Percentage difference between market reference rate 224.10 and exchange rate charged 221.301.25
Total cost (%)
1.831.83
Total cost (BHD)sort descendingTotal cost (USD)sort descending
3.489.16
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
1.102.89
Exchange rate margin (%)
1.38
Percentage difference between market reference rate 224.09 and exchange rate charged 221.001.38
Total cost (%)
1.961.96
Total cost (BHD)sort descendingTotal cost (USD)sort descending
3.729.79
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.005.26
Exchange rate margin (%)
1.47
Percentage difference between market reference rate 224.10 and exchange rate charged 220.801.47
Total cost (%)
2.522.52
Total cost (BHD)sort descendingTotal cost (USD)sort descending
4.7912.61
Total Average Fourth Quarter 2024
1.501.50
Total Average Third Quarter 2024
1.961.96
Total Average
Fee
1.513.97
Exchange Rate Margin (%)
0.700.70
Total Cost Percent (%)
1.501.50
Total Cost (BHD) Total Cost (USD)
2.847.48
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Same day Next day
Bank account Cash
Least Costly Corridors To India
Least Costly Corridors From Bahrain
      © 2023 The World Bank Group, All Rights Reserved