Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From KWKuwait you can also send money to

Sending money from KUWAIT to PAKISTAN

Data collected on: Nov 20, 2023-Dec 05, 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.
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Low
0.000.00
0.49
Percentage difference between market reference rate 910.00 and exchange rate charged 905.55
0.49
0.490.49
0.320.98
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.253.85
-0.23
Percentage difference between market reference rate 916.49 and exchange rate charged 918.64
-0.23
1.691.69
1.103.38
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
-0.25
Percentage difference between market reference rate 926.68 and exchange rate charged 929.00
-0.25
-0.25-0.25
-0.16-0.49
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
-0.25
Percentage difference between market reference rate 926.68 and exchange rate charged 929.00
-0.25
-0.25-0.25
-0.16-0.49
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.253.85
1.78
Percentage difference between market reference rate 926.81 and exchange rate charged 910.30
1.78
3.703.70
2.417.42
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
1.54
Percentage difference between market reference rate 935.68 and exchange rate charged 921.27
1.54
1.541.54
1.003.08
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
-0.25
Percentage difference between market reference rate 926.68 and exchange rate charged 929.00
-0.25
-0.25-0.25
-0.16-0.49
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.000.00
-0.25
Percentage difference between market reference rate 926.68 and exchange rate charged 929.00
-0.25
-0.25-0.25
-0.16-0.49
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Low
0.000.00
0.49
Percentage difference between market reference rate 910.00 and exchange rate charged 905.55
0.49
0.490.49
0.320.98
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Low
0.000.00
0.49
Percentage difference between market reference rate 910.00 and exchange rate charged 905.55
0.49
0.490.49
0.320.98
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Low
0.000.00
-0.16
Percentage difference between market reference rate 921.43 and exchange rate charged 922.89
-0.16
-0.16-0.16
-0.10-0.31
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.000.00
0.18
Percentage difference between market reference rate 927.64 and exchange rate charged 925.93
0.18
0.180.18
0.120.37
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Low
0.000.00
0.23
Percentage difference between market reference rate 916.37 and exchange rate charged 914.30
0.23
0.230.23
0.150.46
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Low
0.000.00
-0.14
Percentage difference between market reference rate 926.77 and exchange rate charged 928.07
-0.14
-0.14-0.14
-0.09-0.28
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.253.85
-0.17
Percentage difference between market reference rate 926.95 and exchange rate charged 928.51
-0.17
1.751.75
1.143.51
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.253.85
0.27
Percentage difference between market reference rate 916.70 and exchange rate charged 914.24
0.27
2.192.19
1.424.37
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
0.18
Percentage difference between market reference rate 927.64 and exchange rate charged 925.93
0.18
0.180.18
0.120.37
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.000.00
0.18
Percentage difference between market reference rate 927.64 and exchange rate charged 925.93
0.18
0.180.18
0.120.37
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.18
Percentage difference between market reference rate 927.64 and exchange rate charged 925.93
0.18
0.180.18
0.120.37
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.18
Percentage difference between market reference rate 927.64 and exchange rate charged 925.93
0.18
0.180.18
0.120.37
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
0.18
Percentage difference between market reference rate 927.64 and exchange rate charged 925.93
0.18
0.180.18
0.120.37
Total Average Fourth Quarter 2023
0.590.59
Total Average Third Quarter 2023
1.401.40
Total Average
Fee
0.240.73
Exchange Rate Margin (%)
0.220.22
Total Cost Percent (%)
0.590.59
Total Cost (KWD) Total Cost (USD)
0.381.18
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
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.254.17
1.78
Percentage difference between market reference rate 926.81 and exchange rate charged 910.30
1.78
2.612.61
3.9213.07
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
1.54
Percentage difference between market reference rate 935.68 and exchange rate charged 921.27
1.54
1.541.54
2.317.70
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Low
0.000.00
0.49
Percentage difference between market reference rate 910.00 and exchange rate charged 905.55
0.49
0.490.49
0.742.47
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Low
0.000.00
0.49
Percentage difference between market reference rate 910.00 and exchange rate charged 905.55
0.49
0.490.49
0.742.47
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Low
0.000.00
0.49
Percentage difference between market reference rate 910.00 and exchange rate charged 905.55
0.49
0.490.49
0.742.47
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.254.17
0.27
Percentage difference between market reference rate 916.70 and exchange rate charged 914.24
0.27
1.101.10
1.655.50
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Low
0.000.00
0.23
Percentage difference between market reference rate 916.37 and exchange rate charged 914.30
0.23
0.230.23
0.351.17
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
0.18
Percentage difference between market reference rate 927.64 and exchange rate charged 925.93
0.18
0.180.18
0.270.90
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
0.18
Percentage difference between market reference rate 927.64 and exchange rate charged 925.93
0.18
0.180.18
0.270.90
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.000.00
0.18
Percentage difference between market reference rate 927.64 and exchange rate charged 925.93
0.18
0.180.18
0.270.90
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.18
Percentage difference between market reference rate 927.64 and exchange rate charged 925.93
0.18
0.180.18
0.270.90
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.18
Percentage difference between market reference rate 927.64 and exchange rate charged 925.93
0.18
0.180.18
0.270.90
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.000.00
0.18
Percentage difference between market reference rate 927.64 and exchange rate charged 925.93
0.18
0.180.18
0.270.90
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Low
0.000.00
-0.14
Percentage difference between market reference rate 926.77 and exchange rate charged 928.07
-0.14
-0.14-0.14
-0.21-0.70
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Low
0.000.00
-0.16
Percentage difference between market reference rate 921.43 and exchange rate charged 922.89
-0.16
-0.16-0.16
-0.24-0.80
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.254.17
-0.17
Percentage difference between market reference rate 926.95 and exchange rate charged 928.51
-0.17
0.660.66
0.993.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.254.17
-0.23
Percentage difference between market reference rate 916.49 and exchange rate charged 918.64
-0.23
0.600.60
0.903.00
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.000.00
-0.25
Percentage difference between market reference rate 926.68 and exchange rate charged 929.00
-0.25
-0.25-0.25
-0.38-1.27
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
-0.25
Percentage difference between market reference rate 926.68 and exchange rate charged 929.00
-0.25
-0.25-0.25
-0.38-1.27
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
-0.25
Percentage difference between market reference rate 926.68 and exchange rate charged 929.00
-0.25
-0.25-0.25
-0.38-1.27
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
-0.25
Percentage difference between market reference rate 926.68 and exchange rate charged 929.00
-0.25
-0.25-0.25
-0.38-1.27
Total Average Fourth Quarter 2023
0.380.38
Total Average Third Quarter 2023
1.191.19
Total Average
Fee
0.240.79
Exchange Rate Margin (%)
0.220.22
Total Cost Percent (%)
0.380.38
Total Cost (KWD) Total Cost (USD)
0.571.90
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Same day
Bank account Cash