Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From BHBahrain you can also send money to

Sending money from BAHRAIN to BANGLADESH

Data collected on: Oct 27, 2020
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)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.
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
1.002.67
0.47
Percentage difference between market reference rate 225.50 and exchange rate charged 224.44
0.47
1.801.80
1.353.60
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.002.67
0.60
Percentage difference between market reference rate 225.50 and exchange rate charged 224.14
0.60
1.941.94
1.463.89
National Finance and Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.504.00
0.42
Percentage difference between market reference rate 225.50 and exchange rate charged 224.55
0.42
2.422.42
1.824.85
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.002.67
1.13
Percentage difference between market reference rate 225.50 and exchange rate charged 222.96
1.13
2.462.46
1.854.93
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
1.002.67
1.43
Percentage difference between market reference rate 225.50 and exchange rate charged 222.26
1.43
2.772.77
2.085.55
Zenj Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.504.00
0.86
Percentage difference between market reference rate 225.50 and exchange rate charged 223.57
0.86
2.862.86
2.155.73
Modern Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.002.67
2.14
Percentage difference between market reference rate 225.50 and exchange rate charged 220.67
2.14
3.483.48
2.616.96
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.002.67
2.16
Percentage difference between market reference rate 225.50 and exchange rate charged 220.62
2.16
3.503.50
2.637.01
Dalil Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
2.005.33
0.97
Percentage difference between market reference rate 225.50 and exchange rate charged 223.31
0.97
3.633.63
2.727.25
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
2.005.33
1.10
Percentage difference between market reference rate 225.50 and exchange rate charged 223.02
1.10
3.773.77
2.837.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.504.00
1.88
Percentage difference between market reference rate 225.50 and exchange rate charged 221.25
1.88
3.883.88
2.917.76
NEC Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.504.00
1.90
Percentage difference between market reference rate 225.50 and exchange rate charged 221.22
1.90
3.903.90
2.937.81
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
Medium
1.002.67
2.90
Percentage difference between market reference rate 225.50 and exchange rate charged 218.97
2.90
4.234.23
3.178.45
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
1.002.67
4.59
Percentage difference between market reference rate 225.50 and exchange rate charged 215.15
4.59
5.925.92
4.4411.84
Total Average Fourth Quarter 2020
3.333.33
Total Average Third Quarter 2020
3.403.40
Total Average
Fee
1.293.43
Exchange Rate Margin (%)
1.611.61
Total Cost Percent (%)
3.333.33
Total Cost (BHD) Total Cost (USD)
2.506.66
Non-Transparent records
Debit/credit card Cash
Less than one hour Next day 2 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
1.002.63
0.47
Percentage difference between market reference rate 225.50 and exchange rate charged 224.44
0.47
0.990.99
1.884.95
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.002.63
0.60
Percentage difference between market reference rate 225.50 and exchange rate charged 224.14
0.60
1.131.13
2.155.66
National Finance and Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.503.95
0.42
Percentage difference between market reference rate 225.50 and exchange rate charged 224.55
0.42
1.211.21
2.306.05
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.002.63
1.13
Percentage difference between market reference rate 225.50 and exchange rate charged 222.96
1.13
1.651.65
3.148.26
Zenj Exchange Co
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.503.95
0.86
Percentage difference between market reference rate 225.50 and exchange rate charged 223.57
0.86
1.651.65
3.148.26
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
1.002.63
1.43
Percentage difference between market reference rate 225.50 and exchange rate charged 222.26
1.43
1.961.96
3.729.79
Dalil Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
2.005.26
0.97
Percentage difference between market reference rate 225.50 and exchange rate charged 223.31
0.97
2.022.02
3.8410.11
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
2.005.26
1.10
Percentage difference between market reference rate 225.50 and exchange rate charged 223.02
1.10
2.152.15
4.0910.76
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.503.95
1.88
Percentage difference between market reference rate 225.50 and exchange rate charged 221.25
1.88
2.672.67
5.0713.34
Modern Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.002.63
2.14
Percentage difference between market reference rate 225.50 and exchange rate charged 220.67
2.14
2.672.67
5.0713.34
NEC Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.503.95
1.90
Percentage difference between market reference rate 225.50 and exchange rate charged 221.22
1.90
2.692.69
5.1113.45
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.002.63
2.16
Percentage difference between market reference rate 225.50 and exchange rate charged 220.62
2.16
2.692.69
5.1113.45
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
Medium
1.002.63
2.90
Percentage difference between market reference rate 225.50 and exchange rate charged 218.97
2.90
3.423.42
6.5017.11
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
1.002.63
4.59
Percentage difference between market reference rate 225.50 and exchange rate charged 215.15
4.59
5.115.11
9.7125.55
Total Average Fourth Quarter 2020
2.292.29
Total Average Third Quarter 2020
2.372.37
Total Average
Fee
1.293.38
Exchange Rate Margin (%)
1.611.61
Total Cost Percent (%)
2.292.29
Total Cost (BHD) Total Cost (USD)
4.3511.43
Non-Transparent records
Debit/credit card Cash
Less than one hour Next day 2 days
Bank account Cash