Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From BHBahrain you can also send money to

Sending money from BAHRAIN to INDIA

Data collected on: May 15, 2023-Jun 09, 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 (%)sort descending
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.
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.102.93
0.36
Percentage difference between market reference rate 218.25 and exchange rate charged 217.47
0.36
1.831.83
1.373.65
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.654.40
0.39
Percentage difference between market reference rate 218.37 and exchange rate charged 217.52
0.39
2.592.59
1.945.17
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.551.47
0.43
Percentage difference between market reference rate 218.62 and exchange rate charged 217.68
0.43
1.161.16
0.872.32
SBI Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
1.102.93
0.45
Percentage difference between market reference rate 218.85 and exchange rate charged 217.86
0.45
1.921.92
1.443.84
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
1.002.67
0.45
Percentage difference between market reference rate 219.08 and exchange rate charged 218.10
0.45
1.781.78
1.343.57
NEC Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.654.40
0.55
Percentage difference between market reference rate 218.82 and exchange rate charged 217.62
0.55
2.752.75
2.065.49
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.804.80
0.58
Percentage difference between market reference rate 218.59 and exchange rate charged 217.32
0.58
2.982.98
2.245.97
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
1.504.00
0.64
Percentage difference between market reference rate 219.34 and exchange rate charged 217.95
0.64
2.642.64
1.985.28
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.895.04
0.71
Percentage difference between market reference rate 218.37 and exchange rate charged 216.81
0.71
3.233.23
2.426.45
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
1.002.67
1.11
Percentage difference between market reference rate 218.82 and exchange rate charged 216.39
1.11
2.442.44
1.834.88
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.102.93
1.32
Percentage difference between market reference rate 218.59 and exchange rate charged 215.70
1.32
2.792.79
2.095.57
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.895.04
1.60
Percentage difference between market reference rate 218.30 and exchange rate charged 214.82
1.60
4.124.12
3.098.24
Total Average Second Quarter
2.522.52
Total Average First Quarter
2.542.54
Total Average
Fee
1.353.61
Exchange Rate Margin (%)
0.720.72
Total Cost Percent (%)
2.522.52
Total Cost (BHD) Total Cost (USD)
1.895.04
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Same day 2 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.551.45
0.43
Percentage difference between market reference rate 218.62 and exchange rate charged 217.68
0.43
0.720.72
1.373.61
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
1.002.63
0.45
Percentage difference between market reference rate 219.08 and exchange rate charged 218.10
0.45
0.980.98
1.864.89
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.102.89
0.36
Percentage difference between market reference rate 218.25 and exchange rate charged 217.47
0.36
0.940.94
1.794.71
SBI Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
1.102.89
0.45
Percentage difference between market reference rate 218.85 and exchange rate charged 217.86
0.45
1.031.03
1.965.16
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
1.002.63
1.11
Percentage difference between market reference rate 218.82 and exchange rate charged 216.39
1.11
1.641.64
3.128.21
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.654.34
0.39
Percentage difference between market reference rate 218.37 and exchange rate charged 217.52
0.39
1.261.26
2.396.29
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
1.503.95
0.64
Percentage difference between market reference rate 219.34 and exchange rate charged 217.95
0.64
1.431.43
2.727.16
NEC Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.654.34
0.55
Percentage difference between market reference rate 218.82 and exchange rate charged 217.62
0.55
1.421.42
2.707.11
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.102.89
1.32
Percentage difference between market reference rate 218.59 and exchange rate charged 215.70
1.32
1.901.90
3.619.50
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.804.74
0.58
Percentage difference between market reference rate 218.59 and exchange rate charged 217.32
0.58
1.531.53
2.917.66
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.894.97
0.71
Percentage difference between market reference rate 218.37 and exchange rate charged 216.81
0.71
1.701.70
3.238.50
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.894.97
1.60
Percentage difference between market reference rate 218.30 and exchange rate charged 214.82
1.60
2.592.59
4.9212.95
Total Average Second Quarter
1.431.43
Total Average First Quarter
1.471.47
Total Average
Fee
1.353.56
Exchange Rate Margin (%)
0.720.72
Total Cost Percent (%)
1.431.43
Total Cost (BHD) Total Cost (USD)
2.727.14
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Same day 2 days
Bank account Cash