Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From BHBahrain you can also send money to

Sending money from BAHRAIN to INDIA

Data collected on: Feb 22, 2024-Feb 28, 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 (%)
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.
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.654.40
1.25
Percentage difference between market reference rate 219.85 and exchange rate charged 217.11
1.25
3.453.45
2.596.91
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.504.00
1.59
Percentage difference between market reference rate 219.85 and exchange rate charged 216.36
1.59
3.593.59
2.697.17
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.504.00
1.67
Percentage difference between market reference rate 220.12 and exchange rate charged 216.44
1.67
3.673.67
2.757.33
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
1.504.00
0.99
Percentage difference between market reference rate 219.83 and exchange rate charged 217.65
0.99
2.992.99
2.245.97
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
1.504.00
1.21
Percentage difference between market reference rate 219.83 and exchange rate charged 217.16
1.21
3.213.21
2.416.43
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
1.102.93
0.33
Percentage difference between market reference rate 219.89 and exchange rate charged 219.15
0.33
1.801.80
1.353.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.504.00
1.55
Percentage difference between market reference rate 219.85 and exchange rate charged 216.45
1.55
3.553.55
2.667.09
NEC Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.504.00
0.54
Percentage difference between market reference rate 220.04 and exchange rate charged 218.85
0.54
2.542.54
1.915.09
SBI Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
2.205.87
0.27
Percentage difference between market reference rate 219.86 and exchange rate charged 219.26
0.27
3.203.20
2.406.40
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.102.93
0.03
Percentage difference between market reference rate 219.85 and exchange rate charged 219.77
0.03
1.501.50
1.133.01
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.504.00
0.12
Percentage difference between market reference rate 220.12 and exchange rate charged 219.84
0.12
2.122.12
1.594.24
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.102.93
0.02
Percentage difference between market reference rate 219.87 and exchange rate charged 219.84
0.02
1.491.49
1.122.99
Total Average First Quarter
2.762.76
Total Average Fourth Quarter 2023
2.752.75
Total Average
Fee
1.473.92
Exchange Rate Margin (%)
0.800.80
Total Cost Percent (%)
2.762.76
Total Cost (BHD) Total Cost (USD)
2.075.52
Non-Transparent records
Bank account transfer Debit card Cash
Same 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
1.654.34
1.25
Percentage difference between market reference rate 219.85 and exchange rate charged 217.11
1.25
2.122.12
4.0310.61
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.503.95
1.59
Percentage difference between market reference rate 219.85 and exchange rate charged 216.36
1.59
2.382.38
4.5211.89
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.503.95
1.67
Percentage difference between market reference rate 220.12 and exchange rate charged 216.44
1.67
2.462.46
4.6712.29
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
1.503.95
0.99
Percentage difference between market reference rate 219.83 and exchange rate charged 217.65
0.99
1.781.78
3.388.89
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
1.503.95
1.21
Percentage difference between market reference rate 219.83 and exchange rate charged 217.16
1.21
2.002.00
3.8010.00
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
1.102.89
0.33
Percentage difference between market reference rate 219.89 and exchange rate charged 219.15
0.33
0.910.91
1.734.55
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.503.95
1.55
Percentage difference between market reference rate 219.85 and exchange rate charged 216.45
1.55
2.342.34
4.4511.71
NEC Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.503.95
0.54
Percentage difference between market reference rate 220.04 and exchange rate charged 218.85
0.54
1.331.33
2.536.66
SBI Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
2.205.79
0.27
Percentage difference between market reference rate 219.86 and exchange rate charged 219.26
0.27
1.431.43
2.727.16
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.102.89
0.03
Percentage difference between market reference rate 219.85 and exchange rate charged 219.77
0.03
0.610.61
1.163.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.503.95
0.12
Percentage difference between market reference rate 220.12 and exchange rate charged 219.84
0.12
0.910.91
1.734.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.102.89
0.02
Percentage difference between market reference rate 219.87 and exchange rate charged 219.84
0.02
0.600.60
1.143.00
Total Average First Quarter
1.571.57
Total Average Fourth Quarter 2023
1.611.61
Total Average
Fee
1.473.87
Exchange Rate Margin (%)
0.800.80
Total Cost Percent (%)
1.571.57
Total Cost (BHD) Total Cost (USD)
2.997.86
Non-Transparent records
Bank account transfer Debit card Cash
Same day 2 days
Bank account Cash