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Transfer money

Sending money from BAHRAIN to EGYPT

Data collected on: Oct 28, 2019
BHD | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (BHD)sort descendingTotal cost (USD)sort descending
Firm
Lulu Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
0.752.00
Exchange rate margin (%)
-0.10
Percentage difference between market reference rate 42.88 and exchange rate charged 42.92-0.10
Total cost (%)
0.900.90
Total cost (BHD)sort descendingTotal cost (USD)sort descending
0.681.81
Firm
Lulu Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
1.002.67
Exchange rate margin (%)
0.11
Percentage difference between market reference rate 42.88 and exchange rate charged 42.830.11
Total cost (%)
1.441.44
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.082.88
Firm
NEC Remit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.504.00
Exchange rate margin (%)
0.52
Percentage difference between market reference rate 42.88 and exchange rate charged 42.660.52
Total cost (%)
2.522.52
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.895.04
Firm
UAE Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.002.67
Exchange rate margin (%)
1.69
Percentage difference between market reference rate 42.88 and exchange rate charged 42.151.69
Total cost (%)
3.033.03
Total cost (BHD)sort descendingTotal cost (USD)sort descending
2.276.05
Firm
Ezremit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
1.002.67
Exchange rate margin (%)
2.08
Percentage difference between market reference rate 42.88 and exchange rate charged 41.992.08
Total cost (%)
3.413.41
Total cost (BHD)sort descendingTotal cost (USD)sort descending
2.566.83
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
2.005.33
Exchange rate margin (%)
0.78
Percentage difference between market reference rate 42.88 and exchange rate charged 42.550.78
Total cost (%)
3.453.45
Total cost (BHD)sort descendingTotal cost (USD)sort descending
2.596.91
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
3.008.00
Exchange rate margin (%)
0.32
Percentage difference between market reference rate 42.88 and exchange rate charged 42.740.32
Total cost (%)
4.324.32
Total cost (BHD)sort descendingTotal cost (USD)sort descending
3.248.64
Firm
Modern Exchange Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.002.67
Exchange rate margin (%)
3.22
Percentage difference between market reference rate 42.88 and exchange rate charged 41.503.22
Total cost (%)
4.554.55
Total cost (BHD)sort descendingTotal cost (USD)sort descending
3.419.09
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
4.0010.67
Exchange rate margin (%)
0.32
Percentage difference between market reference rate 42.88 and exchange rate charged 42.740.32
Total cost (%)
5.655.65
Total cost (BHD)sort descendingTotal cost (USD)sort descending
4.2411.31
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
2.506.67
Exchange rate margin (%)
2.86
Percentage difference between market reference rate 42.88 and exchange rate charged 41.662.86
Total cost (%)
6.196.19
Total cost (BHD)sort descendingTotal cost (USD)sort descending
4.6412.37
Firm
Bahrain Financing Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
3.008.00
Exchange rate margin (%)
2.88
Percentage difference between market reference rate 42.88 and exchange rate charged 41.652.88
Total cost (%)
6.886.88
Total cost (BHD)sort descendingTotal cost (USD)sort descending
5.1613.76
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
4.0010.67
Exchange rate margin (%)
1.98
Percentage difference between market reference rate 42.88 and exchange rate charged 42.031.98
Total cost (%)
7.317.31
Total cost (BHD)sort descendingTotal cost (USD)sort descending
5.4814.61
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Home Delivery
Disbursing network coverage
Medium
Fee
4.0010.67
Exchange rate margin (%)
3.01
Percentage difference between market reference rate 42.88 and exchange rate charged 41.593.01
Total cost (%)
8.358.35
Total cost (BHD)sort descendingTotal cost (USD)sort descending
6.2616.69
Firm
Dalil Exchange Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
2.506.67
Exchange rate margin (%)
5.28
Percentage difference between market reference rate 42.88 and exchange rate charged 40.625.28
Total cost (%)
8.628.62
Total cost (BHD)sort descendingTotal cost (USD)sort descending
6.4717.25
Total Average Fourth Quarter 2019
4.764.76
Total Average Third Quarter 2019
5.195.19
Total Average
Fee
2.235.95
Exchange Rate Margin (%)
1.781.78
Total Cost Percent (%)
4.764.76
Total Cost (BHD) Total Cost (USD)
3.579.52
Non-Transparent records
Debit/credit card Cash
Less than one hour Next day
Bank account Cash
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (BHD)sort descendingTotal cost (USD)sort descending
Firm
Lulu Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
1.002.63
Exchange rate margin (%)
-0.10
Percentage difference between market reference rate 42.88 and exchange rate charged 42.92-0.10
Total cost (%)
0.430.43
Total cost (BHD)sort descendingTotal cost (USD)sort descending
0.822.16
Firm
Lulu Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
1.002.63
Exchange rate margin (%)
0.11
Percentage difference between market reference rate 42.88 and exchange rate charged 42.830.11
Total cost (%)
0.640.64
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.223.21
Firm
NEC Remit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.503.95
Exchange rate margin (%)
0.52
Percentage difference between market reference rate 42.88 and exchange rate charged 42.660.52
Total cost (%)
1.311.31
Total cost (BHD)sort descendingTotal cost (USD)sort descending
2.496.55
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
2.005.26
Exchange rate margin (%)
0.78
Percentage difference between market reference rate 42.88 and exchange rate charged 42.550.78
Total cost (%)
1.831.83
Total cost (BHD)sort descendingTotal cost (USD)sort descending
3.489.16
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
3.007.89
Exchange rate margin (%)
0.32
Percentage difference between market reference rate 42.88 and exchange rate charged 42.740.32
Total cost (%)
1.901.90
Total cost (BHD)sort descendingTotal cost (USD)sort descending
3.619.50
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
3.007.89
Exchange rate margin (%)
0.32
Percentage difference between market reference rate 42.88 and exchange rate charged 42.740.32
Total cost (%)
1.901.90
Total cost (BHD)sort descendingTotal cost (USD)sort descending
3.619.50
Firm
UAE Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.002.63
Exchange rate margin (%)
1.69
Percentage difference between market reference rate 42.88 and exchange rate charged 42.151.69
Total cost (%)
2.222.22
Total cost (BHD)sort descendingTotal cost (USD)sort descending
4.2211.11
Firm
Ezremit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
1.002.63
Exchange rate margin (%)
2.08
Percentage difference between market reference rate 42.88 and exchange rate charged 41.992.08
Total cost (%)
2.612.61
Total cost (BHD)sort descendingTotal cost (USD)sort descending
4.9613.05
Firm
Modern Exchange Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.002.63
Exchange rate margin (%)
3.22
Percentage difference between market reference rate 42.88 and exchange rate charged 41.503.22
Total cost (%)
3.753.75
Total cost (BHD)sort descendingTotal cost (USD)sort descending
7.1318.76
Firm
Bahrain Financing Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.005.26
Exchange rate margin (%)
2.88
Percentage difference between market reference rate 42.88 and exchange rate charged 41.652.88
Total cost (%)
3.933.93
Total cost (BHD)sort descendingTotal cost (USD)sort descending
7.4719.66
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
4.0010.53
Exchange rate margin (%)
1.98
Percentage difference between market reference rate 42.88 and exchange rate charged 42.031.98
Total cost (%)
4.084.08
Total cost (BHD)sort descendingTotal cost (USD)sort descending
7.7520.39
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
2.506.58
Exchange rate margin (%)
2.86
Percentage difference between market reference rate 42.88 and exchange rate charged 41.662.86
Total cost (%)
4.174.17
Total cost (BHD)sort descendingTotal cost (USD)sort descending
7.9220.84
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Home Delivery
Disbursing network coverage
Medium
Fee
4.0010.53
Exchange rate margin (%)
3.01
Percentage difference between market reference rate 42.88 and exchange rate charged 41.593.01
Total cost (%)
5.125.12
Total cost (BHD)sort descendingTotal cost (USD)sort descending
9.7325.61
Firm
Dalil Exchange Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
2.506.58
Exchange rate margin (%)
5.28
Percentage difference between market reference rate 42.88 and exchange rate charged 40.625.28
Total cost (%)
6.606.60
Total cost (BHD)sort descendingTotal cost (USD)sort descending
12.5433.00
Total Average Fourth Quarter 2019
2.892.89
Total Average Third Quarter 2019
3.363.36
Total Average
Fee
2.115.55
Exchange Rate Margin (%)
1.781.78
Total Cost Percent (%)
2.892.89
Total Cost (BHD) Total Cost (USD)
5.5014.46
Non-Transparent records
Debit/credit card Cash
Less than one hour Next day
Bank account Cash
Least Costly Corridors To Egypt
Least Costly Corridors From Bahrain
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