Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From KWKuwait you can also send money to

Sending money from KUWAIT to PAKISTAN

Data collected on: Feb 20, 2024-Mar 12, 2024
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
0.40
Percentage difference between market reference rate 907.68 and exchange rate charged 904.06
0.40
0.400.40
0.260.80
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.253.85
1.08
Percentage difference between market reference rate 908.29 and exchange rate charged 898.51
1.08
3.003.00
1.956.00
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
-0.05
Percentage difference between market reference rate 909.52 and exchange rate charged 910.00
-0.05
-0.05-0.05
-0.03-0.09
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
-0.05
Percentage difference between market reference rate 909.52 and exchange rate charged 910.00
-0.05
-0.05-0.05
-0.03-0.09
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.253.85
0.93
Percentage difference between market reference rate 908.20 and exchange rate charged 899.77
0.93
2.852.85
1.855.69
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
1.00
Percentage difference between market reference rate 908.35 and exchange rate charged 899.23
1.00
1.001.00
0.652.00
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
-0.05
Percentage difference between market reference rate 909.52 and exchange rate charged 910.00
-0.05
-0.05-0.05
-0.03-0.09
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.000.00
-0.05
Percentage difference between market reference rate 909.52 and exchange rate charged 910.00
-0.05
-0.05-0.05
-0.03-0.09
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Low
0.000.00
-0.29
Percentage difference between market reference rate 908.11 and exchange rate charged 910.74
-0.29
-0.29-0.29
-0.19-0.58
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Low
0.000.00
-0.29
Percentage difference between market reference rate 908.14 and exchange rate charged 910.74
-0.29
-0.29-0.29
-0.19-0.58
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Low
0.000.00
-0.29
Percentage difference between market reference rate 908.14 and exchange rate charged 910.74
-0.29
-0.29-0.29
-0.19-0.58
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.000.00
0.06
Percentage difference between market reference rate 908.97 and exchange rate charged 908.40
0.06
0.060.06
0.040.12
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Low
0.000.00
-0.29
Percentage difference between market reference rate 908.11 and exchange rate charged 910.74
-0.29
-0.29-0.29
-0.19-0.58
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Low
0.000.00
-0.29
Percentage difference between market reference rate 908.11 and exchange rate charged 910.74
-0.29
-0.29-0.29
-0.19-0.58
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.253.85
-0.29
Percentage difference between market reference rate 908.35 and exchange rate charged 910.99
-0.29
1.631.63
1.063.26
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.253.85
-0.29
Percentage difference between market reference rate 908.35 and exchange rate charged 910.99
-0.29
1.631.63
1.063.26
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
0.06
Percentage difference between market reference rate 908.97 and exchange rate charged 908.40
0.06
0.060.06
0.040.12
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.000.00
0.06
Percentage difference between market reference rate 908.97 and exchange rate charged 908.40
0.06
0.060.06
0.040.12
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.11
Percentage difference between market reference rate 908.45 and exchange rate charged 907.44
0.11
0.110.11
0.070.22
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.15
Percentage difference between market reference rate 908.81 and exchange rate charged 907.44
0.15
0.150.15
0.100.31
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
0.06
Percentage difference between market reference rate 908.97 and exchange rate charged 908.40
0.06
0.060.06
0.040.12
Total Average First Quarter
0.450.45
Total Average Fourth Quarter 2023
0.590.59
Total Average
Fee
0.240.73
Exchange Rate Margin (%)
0.080.08
Total Cost Percent (%)
0.450.45
Total Cost (KWD) Total Cost (USD)
0.290.89
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour 2 days 3-5 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
1.254.17
1.08
Percentage difference between market reference rate 908.29 and exchange rate charged 898.51
1.08
1.911.91
2.879.57
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.254.17
0.93
Percentage difference between market reference rate 908.20 and exchange rate charged 899.77
0.93
1.761.76
2.648.80
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
1.00
Percentage difference between market reference rate 908.35 and exchange rate charged 899.23
1.00
1.001.00
1.505.00
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.254.17
-0.29
Percentage difference between market reference rate 908.35 and exchange rate charged 910.99
-0.29
0.540.54
0.812.70
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.254.17
-0.29
Percentage difference between market reference rate 908.35 and exchange rate charged 910.99
-0.29
0.540.54
0.812.70
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Low
0.000.00
0.40
Percentage difference between market reference rate 907.68 and exchange rate charged 904.06
0.40
0.400.40
0.602.00
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.15
Percentage difference between market reference rate 908.81 and exchange rate charged 907.44
0.15
0.150.15
0.230.77
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.11
Percentage difference between market reference rate 908.45 and exchange rate charged 907.44
0.11
0.110.11
0.170.57
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
0.06
Percentage difference between market reference rate 908.97 and exchange rate charged 908.40
0.06
0.060.06
0.090.30
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.000.00
0.06
Percentage difference between market reference rate 908.97 and exchange rate charged 908.40
0.06
0.060.06
0.090.30
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.000.00
0.06
Percentage difference between market reference rate 908.97 and exchange rate charged 908.40
0.06
0.060.06
0.090.30
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
0.06
Percentage difference between market reference rate 908.97 and exchange rate charged 908.40
0.06
0.060.06
0.090.30
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.000.00
-0.05
Percentage difference between market reference rate 909.52 and exchange rate charged 910.00
-0.05
-0.05-0.05
-0.08-0.27
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
-0.05
Percentage difference between market reference rate 909.52 and exchange rate charged 910.00
-0.05
-0.05-0.05
-0.08-0.27
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
-0.05
Percentage difference between market reference rate 909.52 and exchange rate charged 910.00
-0.05
-0.05-0.05
-0.08-0.27
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
-0.05
Percentage difference between market reference rate 909.52 and exchange rate charged 910.00
-0.05
-0.05-0.05
-0.08-0.27
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Low
0.000.00
-0.29
Percentage difference between market reference rate 908.11 and exchange rate charged 910.74
-0.29
-0.29-0.29
-0.44-1.47
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Low
0.000.00
-0.29
Percentage difference between market reference rate 908.11 and exchange rate charged 910.74
-0.29
-0.29-0.29
-0.44-1.47
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Low
0.000.00
-0.29
Percentage difference between market reference rate 908.14 and exchange rate charged 910.74
-0.29
-0.29-0.29
-0.44-1.47
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Low
0.000.00
-0.29
Percentage difference between market reference rate 908.14 and exchange rate charged 910.74
-0.29
-0.29-0.29
-0.44-1.47
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Low
0.000.00
-0.29
Percentage difference between market reference rate 908.11 and exchange rate charged 910.74
-0.29
-0.29-0.29
-0.44-1.47
Total Average First Quarter
0.240.24
Total Average Fourth Quarter 2023
0.380.38
Total Average
Fee
0.240.79
Exchange Rate Margin (%)
0.080.08
Total Cost Percent (%)
0.240.24
Total Cost (KWD) Total Cost (USD)
0.361.19
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour 2 days 3-5 days
Bank account Cash