Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From KWKuwait you can also send money to

Sending money from KUWAIT to INDIA

Data collected on: Aug 21, 2023-Sep 06, 2023
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)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.253.85
-0.10
Percentage difference between market reference rate 268.26 and exchange rate charged 268.53
-0.10
1.821.82
1.183.63
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.253.85
0.48
Percentage difference between market reference rate 268.33 and exchange rate charged 267.03
0.48
2.402.40
1.564.80
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.253.85
-0.10
Percentage difference between market reference rate 268.26 and exchange rate charged 268.53
-0.10
1.821.82
1.183.63
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.253.85
0.35
Percentage difference between market reference rate 268.33 and exchange rate charged 267.38
0.35
2.272.27
1.484.55
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.253.85
0.35
Percentage difference between market reference rate 268.33 and exchange rate charged 267.38
0.35
2.272.27
1.484.55
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.253.85
0.55
Percentage difference between market reference rate 269.73 and exchange rate charged 268.23
0.55
2.472.47
1.614.95
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.253.85
0.55
Percentage difference between market reference rate 269.73 and exchange rate charged 268.23
0.55
2.472.47
1.614.95
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.253.85
0.55
Percentage difference between market reference rate 269.73 and exchange rate charged 268.23
0.55
2.472.47
1.614.95
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.253.85
0.55
Percentage difference between market reference rate 269.73 and exchange rate charged 268.23
0.55
2.472.47
1.614.95
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.253.85
0.43
Percentage difference between market reference rate 267.85 and exchange rate charged 266.71
0.43
2.352.35
1.534.71
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.253.85
0.26
Percentage difference between market reference rate 268.11 and exchange rate charged 267.40
0.26
2.182.18
1.424.37
Kuwait India International Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.253.85
0.24
Percentage difference between market reference rate 268.05 and exchange rate charged 267.40
0.24
2.162.16
1.404.31
Kuwait India International Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.253.85
0.24
Percentage difference between market reference rate 268.05 and exchange rate charged 267.40
0.24
2.162.16
1.404.31
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.253.85
-0.10
Percentage difference between market reference rate 268.26 and exchange rate charged 268.53
-0.10
1.821.82
1.183.63
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.253.85
-0.10
Percentage difference between market reference rate 268.26 and exchange rate charged 268.53
-0.10
1.821.82
1.183.63
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.253.85
0.68
Percentage difference between market reference rate 269.56 and exchange rate charged 267.73
0.68
2.602.60
1.695.20
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.253.85
-0.10
Percentage difference between market reference rate 268.26 and exchange rate charged 268.53
-0.10
1.821.82
1.183.63
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Low
1.203.69
-0.29
Percentage difference between market reference rate 268.26 and exchange rate charged 269.03
-0.29
1.561.56
1.013.11
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Low
1.203.69
-0.29
Percentage difference between market reference rate 268.26 and exchange rate charged 269.03
-0.29
1.561.56
1.013.11
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Low
1.203.69
-0.29
Percentage difference between market reference rate 268.26 and exchange rate charged 269.03
-0.29
1.561.56
1.013.11
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Low
1.203.69
-0.29
Percentage difference between market reference rate 268.26 and exchange rate charged 269.03
-0.29
1.561.56
1.013.11
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Low
1.203.69
-0.29
Percentage difference between market reference rate 268.26 and exchange rate charged 269.03
-0.29
1.561.56
1.013.11
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Low
1.203.69
-0.29
Percentage difference between market reference rate 268.26 and exchange rate charged 269.03
-0.29
1.561.56
1.013.11
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.253.85
0.04
Percentage difference between market reference rate 267.85 and exchange rate charged 267.74
0.04
1.961.96
1.273.91
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.253.85
0.04
Percentage difference between market reference rate 267.85 and exchange rate charged 267.74
0.04
1.961.96
1.273.91
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.253.85
0.68
Percentage difference between market reference rate 269.56 and exchange rate charged 267.73
0.68
2.602.60
1.695.20
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.253.85
0.68
Percentage difference between market reference rate 269.56 and exchange rate charged 267.73
0.68
2.602.60
1.695.20
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.253.85
0.68
Percentage difference between market reference rate 269.56 and exchange rate charged 267.73
0.68
2.602.60
1.695.20
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.253.85
0.68
Percentage difference between market reference rate 269.56 and exchange rate charged 267.73
0.68
2.602.60
1.695.20
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.253.85
0.68
Percentage difference between market reference rate 269.56 and exchange rate charged 267.73
0.68
2.602.60
1.695.20
Total Average Third Quarter 2023
2.122.12
Total Average Second Quarter 2023
2.282.28
Total Average
Fee
1.243.82
Exchange Rate Margin (%)
0.220.22
Total Cost Percent (%)
2.122.12
Total Cost (KWD) Total Cost (USD)
1.384.24
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Same day
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.254.17
0.68
Percentage difference between market reference rate 269.56 and exchange rate charged 267.73
0.68
1.511.51
2.277.57
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.254.17
0.68
Percentage difference between market reference rate 269.56 and exchange rate charged 267.73
0.68
1.511.51
2.277.57
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.254.17
0.68
Percentage difference between market reference rate 269.56 and exchange rate charged 267.73
0.68
1.511.51
2.277.57
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.254.17
0.68
Percentage difference between market reference rate 269.56 and exchange rate charged 267.73
0.68
1.511.51
2.277.57
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.254.17
0.68
Percentage difference between market reference rate 269.56 and exchange rate charged 267.73
0.68
1.511.51
2.277.57
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.254.17
0.68
Percentage difference between market reference rate 269.56 and exchange rate charged 267.73
0.68
1.511.51
2.277.57
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.254.17
0.55
Percentage difference between market reference rate 269.73 and exchange rate charged 268.24
0.55
1.381.38
2.076.90
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.254.17
0.55
Percentage difference between market reference rate 269.73 and exchange rate charged 268.24
0.55
1.381.38
2.076.90
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.254.17
0.55
Percentage difference between market reference rate 269.73 and exchange rate charged 268.24
0.55
1.381.38
2.076.90
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.254.17
0.55
Percentage difference between market reference rate 269.73 and exchange rate charged 268.24
0.55
1.381.38
2.076.90
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.254.17
0.48
Percentage difference between market reference rate 268.33 and exchange rate charged 267.03
0.48
1.311.31
1.976.57
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.254.17
0.43
Percentage difference between market reference rate 267.85 and exchange rate charged 266.71
0.43
1.261.26
1.896.30
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.254.17
0.35
Percentage difference between market reference rate 268.33 and exchange rate charged 267.38
0.35
1.181.18
1.775.90
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.254.17
0.35
Percentage difference between market reference rate 268.33 and exchange rate charged 267.38
0.35
1.181.18
1.775.90
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.254.17
0.26
Percentage difference between market reference rate 268.11 and exchange rate charged 267.40
0.26
1.091.09
1.645.47
Kuwait India International Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.254.17
0.24
Percentage difference between market reference rate 268.05 and exchange rate charged 267.40
0.24
1.071.07
1.615.37
Kuwait India International Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.254.17
0.24
Percentage difference between market reference rate 268.05 and exchange rate charged 267.40
0.24
1.071.07
1.615.37
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.254.17
0.04
Percentage difference between market reference rate 267.85 and exchange rate charged 267.74
0.04
0.870.87
1.314.37
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.254.17
0.04
Percentage difference between market reference rate 267.85 and exchange rate charged 267.74
0.04
0.870.87
1.314.37
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.254.17
-0.10
Percentage difference between market reference rate 268.26 and exchange rate charged 268.53
-0.10
0.730.73
1.103.67
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.254.17
-0.10
Percentage difference between market reference rate 268.26 and exchange rate charged 268.53
-0.10
0.730.73
1.103.67
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.254.17
-0.10
Percentage difference between market reference rate 268.26 and exchange rate charged 268.53
-0.10
0.730.73
1.103.67
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.254.17
-0.10
Percentage difference between market reference rate 268.26 and exchange rate charged 268.53
-0.10
0.730.73
1.103.67
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.254.17
-0.10
Percentage difference between market reference rate 268.26 and exchange rate charged 268.53
-0.10
0.730.73
1.103.67
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Low
1.204.00
-0.29
Percentage difference between market reference rate 268.26 and exchange rate charged 269.03
-0.29
0.510.51
0.772.57
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Low
1.204.00
-0.29
Percentage difference between market reference rate 268.26 and exchange rate charged 269.03
-0.29
0.510.51
0.772.57
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Low
1.204.00
-0.29
Percentage difference between market reference rate 268.26 and exchange rate charged 269.03
-0.29
0.510.51
0.772.57
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Low
1.204.00
-0.29
Percentage difference between market reference rate 268.26 and exchange rate charged 269.03
-0.29
0.510.51
0.772.57
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Low
1.204.00
-0.29
Percentage difference between market reference rate 268.26 and exchange rate charged 269.03
-0.29
0.510.51
0.772.57
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Low
1.204.00
-0.29
Percentage difference between market reference rate 268.26 and exchange rate charged 269.03
-0.29
0.510.51
0.772.57
Total Average Third Quarter 2023
1.041.04
Total Average Second Quarter 2023
1.191.19
Total Average
Fee
1.244.13
Exchange Rate Margin (%)
0.220.22
Total Cost Percent (%)
1.041.04
Total Cost (KWD) Total Cost (USD)
1.565.21
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Same day
Bank account Cash