Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From KWKuwait you can also send money to

Sending money from KUWAIT to INDIA

Data collected on: Feb 20, 2022-Feb 25, 2022
KWD | 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 (KWD)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.
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet, Agent
Sending network coverage
Medium
Receiving method
Low
1.003.08
-0.45
Percentage difference between market reference rate 246.72 and exchange rate charged 247.83
-0.45
1.091.09
0.712.18
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.08
-0.43
Percentage difference between market reference rate 246.75 and exchange rate charged 247.82
-0.43
1.111.11
0.722.22
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Low
1.003.08
0.06
Percentage difference between market reference rate 248.04 and exchange rate charged 247.89
0.06
1.601.60
1.043.20
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.003.08
0.22
Percentage difference between market reference rate 246.98 and exchange rate charged 246.44
0.22
1.761.76
1.143.51
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.08
0.62
Percentage difference between market reference rate 247.64 and exchange rate charged 246.11
0.62
2.162.16
1.404.31
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.003.08
0.82
Percentage difference between market reference rate 248.03 and exchange rate charged 246.00
0.82
2.362.36
1.534.71
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.003.08
0.81
Percentage difference between market reference rate 248.01 and exchange rate charged 246.00
0.81
2.352.35
1.534.71
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.08
0.86
Percentage difference between market reference rate 246.03 and exchange rate charged 243.90
0.86
2.402.40
1.564.80
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet, Agent
Sending network coverage
High
Receiving method
High
1.003.08
0.94
Percentage difference between market reference rate 246.22 and exchange rate charged 243.90
0.94
2.482.48
1.614.95
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet, Agent
Sending network coverage
High
Receiving method
High
1.003.08
1.15
Percentage difference between market reference rate 247.64 and exchange rate charged 244.80
1.15
2.692.69
1.755.38
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.08
1.38
Percentage difference between market reference rate 247.65 and exchange rate charged 244.23
1.38
2.922.92
1.905.85
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.08
1.50
Percentage difference between market reference rate 247.73 and exchange rate charged 244.02
1.50
3.033.03
1.976.06
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.003.08
1.70
Percentage difference between market reference rate 248.01 and exchange rate charged 243.80
1.70
3.243.24
2.116.49
Kuwait India International Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.003.08
1.70
Percentage difference between market reference rate 247.74 and exchange rate charged 243.54
1.70
3.243.24
2.116.49
Total Average First Quarter
2.322.32
Total Average Fourth Quarter 2021
2.472.47
Total Average
Fee
1.003.08
Exchange Rate Margin (%)
0.780.78
Total Cost Percent (%)
2.322.32
Total Cost (KWD) Total Cost (USD)
1.514.63
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Next day
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet, Agent
Sending network coverage
Medium
Receiving method
Low
1.003.33
-0.45
Percentage difference between market reference rate 246.72 and exchange rate charged 247.83
-0.45
0.220.22
0.331.10
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.33
-0.43
Percentage difference between market reference rate 246.75 and exchange rate charged 247.82
-0.43
0.230.23
0.351.17
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Low
1.003.33
0.06
Percentage difference between market reference rate 248.04 and exchange rate charged 247.89
0.06
0.730.73
1.103.67
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.003.33
0.22
Percentage difference between market reference rate 246.98 and exchange rate charged 246.44
0.22
0.890.89
1.344.47
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.33
0.62
Percentage difference between market reference rate 247.64 and exchange rate charged 246.11
0.62
1.291.29
1.946.47
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.003.33
0.82
Percentage difference between market reference rate 248.03 and exchange rate charged 246.00
0.82
1.481.48
2.227.40
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.003.33
0.81
Percentage difference between market reference rate 248.01 and exchange rate charged 246.00
0.81
1.481.48
2.227.40
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.33
0.86
Percentage difference between market reference rate 246.03 and exchange rate charged 243.90
0.86
1.531.53
2.307.67
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet, Agent
Sending network coverage
High
Receiving method
High
1.003.33
0.94
Percentage difference between market reference rate 246.22 and exchange rate charged 243.90
0.94
1.611.61
2.428.07
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet, Agent
Sending network coverage
High
Receiving method
High
1.003.33
1.15
Percentage difference between market reference rate 247.64 and exchange rate charged 244.80
1.15
1.821.82
2.739.10
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.33
1.38
Percentage difference between market reference rate 247.65 and exchange rate charged 244.23
1.38
2.052.05
3.0810.27
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.33
1.50
Percentage difference between market reference rate 247.73 and exchange rate charged 244.02
1.50
2.162.16
3.2410.80
Kuwait India International Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.003.33
1.69
Percentage difference between market reference rate 247.74 and exchange rate charged 243.55
1.69
2.362.36
3.5411.80
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.003.33
1.70
Percentage difference between market reference rate 248.01 and exchange rate charged 243.80
1.70
2.372.37
3.5611.87
Total Average First Quarter
1.441.44
Total Average Fourth Quarter 2021
1.601.60
Total Average
Fee
1.003.33
Exchange Rate Margin (%)
0.780.78
Total Cost Percent (%)
1.441.44
Total Cost (KWD) Total Cost (USD)
2.177.23
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Next day
Bank account Cash