Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From BHBahrain you can also send money to

Sending money from BAHRAIN to EGYPT

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.
Modern Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.002.67
-1.77
Percentage difference between market reference rate 41.78 and exchange rate charged 42.52
-1.77
-0.44-0.44
-0.33-0.88
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
1.002.67
1.71
Percentage difference between market reference rate 41.78 and exchange rate charged 41.06
1.71
3.053.05
2.296.11
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
Medium
0.752.00
2.23
Percentage difference between market reference rate 41.78 and exchange rate charged 40.85
2.23
3.233.23
2.426.45
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
1.002.67
2.06
Percentage difference between market reference rate 41.78 and exchange rate charged 40.92
2.06
3.393.39
2.546.77
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
2.506.67
0.51
Percentage difference between market reference rate 41.78 and exchange rate charged 41.56
0.51
3.843.84
2.887.68
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.005.33
1.50
Percentage difference between market reference rate 41.78 and exchange rate charged 41.15
1.50
4.164.16
3.128.32
NEC Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
1.504.00
2.23
Percentage difference between market reference rate 41.78 and exchange rate charged 40.85
2.23
4.234.23
3.178.45
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.008.00
1.97
Percentage difference between market reference rate 41.78 and exchange rate charged 40.95
1.97
5.975.97
4.4811.95
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
4.0010.67
1.07
Percentage difference between market reference rate 41.78 and exchange rate charged 41.33
1.07
6.406.40
4.8012.80
Dalil Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
2.005.33
6.27
Percentage difference between market reference rate 41.78 and exchange rate charged 39.16
6.27
8.948.94
6.7117.89
Total Average Fourth Quarter 2020
4.284.28
Total Average Third Quarter 2020
4.074.07
Total Average
Fee
1.885.00
Exchange Rate Margin (%)
1.781.78
Total Cost Percent (%)
4.284.28
Total Cost (BHD) Total Cost (USD)
3.218.55
Non-Transparent records
Debit/credit card Cash
Less than one hour Next day
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Modern Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1.002.63
-1.77
Percentage difference between market reference rate 41.78 and exchange rate charged 42.52
-1.77
-1.24-1.24
-2.36-6.21
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
2.506.58
0.51
Percentage difference between market reference rate 41.78 and exchange rate charged 41.56
0.51
1.821.82
3.469.11
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
1.002.63
1.71
Percentage difference between market reference rate 41.78 and exchange rate charged 41.06
1.71
2.242.24
4.2611.21
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
Medium
2.005.26
1.50
Percentage difference between market reference rate 41.78 and exchange rate charged 41.15
1.50
2.552.55
4.8512.76
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
1.002.63
2.06
Percentage difference between market reference rate 41.78 and exchange rate charged 40.92
2.06
2.592.59
4.9212.95
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
Medium
0.751.97
2.23
Percentage difference between market reference rate 41.78 and exchange rate charged 40.85
2.23
2.622.62
4.9813.11
NEC Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
1.503.95
2.23
Percentage difference between market reference rate 41.78 and exchange rate charged 40.85
2.23
3.023.02
5.7415.11
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
4.0010.53
1.07
Percentage difference between market reference rate 41.78 and exchange rate charged 41.33
1.07
3.183.18
6.0415.89
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
3.007.89
1.97
Percentage difference between market reference rate 41.78 and exchange rate charged 40.95
1.97
3.553.55
6.7517.76
Dalil Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
2.005.26
6.27
Percentage difference between market reference rate 41.78 and exchange rate charged 39.16
6.27
7.327.32
13.9136.61
Total Average Fourth Quarter 2020
2.772.77
Total Average Third Quarter 2020
2.512.51
Total Average
Fee
1.884.93
Exchange Rate Margin (%)
1.781.78
Total Cost Percent (%)
2.772.77
Total Cost (BHD) Total Cost (USD)
5.2613.83
Non-Transparent records
Debit/credit card Cash
Less than one hour Next day
Bank account Cash