Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From BHBahrain you can also send money to

Sending money from BAHRAIN to INDIA

Data collected on: Mar 23, 2021
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.
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
Medium
0.752.00
0.10
Percentage difference between market reference rate 192.32 and exchange rate charged 192.13
0.10
1.101.10
0.832.21
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
1.002.67
0.10
Percentage difference between market reference rate 192.32 and exchange rate charged 192.12
0.10
1.441.44
1.082.88
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
1.002.67
0.14
Percentage difference between market reference rate 192.32 and exchange rate charged 192.06
0.14
1.471.47
1.102.93
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.002.67
0.19
Percentage difference between market reference rate 192.32 and exchange rate charged 191.95
0.19
1.521.52
1.143.04
Modern Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.002.67
0.35
Percentage difference between market reference rate 192.32 and exchange rate charged 191.66
0.35
1.681.68
1.263.36
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
1.002.67
0.67
Percentage difference between market reference rate 192.32 and exchange rate charged 191.03
0.67
2.002.00
1.504.00
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
1.002.67
0.88
Percentage difference between market reference rate 192.32 and exchange rate charged 190.63
0.88
2.222.22
1.674.45
SBI Rupee Instant Flash
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Bank branch
Medium
1.002.67
0.94
Percentage difference between market reference rate 192.32 and exchange rate charged 190.52
0.94
2.272.27
1.704.53
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.804.80
-0.01
Percentage difference between market reference rate 192.32 and exchange rate charged 192.35
-0.01
2.392.39
1.794.77
SBI Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Bank branch
Medium
1.002.67
1.23
Percentage difference between market reference rate 192.32 and exchange rate charged 189.95
1.23
2.572.57
1.935.15
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.504.00
0.66
Percentage difference between market reference rate 192.32 and exchange rate charged 191.06
0.66
2.662.66
2.005.33
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.504.00
0.89
Percentage difference between market reference rate 192.32 and exchange rate charged 190.62
0.89
2.892.89
2.175.79
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.504.00
0.97
Percentage difference between market reference rate 192.32 and exchange rate charged 190.47
0.97
2.972.97
2.235.95
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
1.002.67
1.66
Percentage difference between market reference rate 192.32 and exchange rate charged 189.12
1.66
3.003.00
2.256.00
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.804.80
0.65
Percentage difference between market reference rate 192.32 and exchange rate charged 191.07
0.65
3.053.05
2.296.11
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
1.804.80
0.65
Percentage difference between market reference rate 192.32 and exchange rate charged 191.07
0.65
3.053.05
2.296.11
NEC Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.504.00
1.21
Percentage difference between market reference rate 192.32 and exchange rate charged 190.00
1.21
3.213.21
2.416.43
Dalil Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
2.506.67
1.02
Percentage difference between market reference rate 192.32 and exchange rate charged 190.36
1.02
4.354.35
3.268.69
Total Average First Quarter
2.442.44
Total Average Fourth Quarter 2020
3.763.76
Total Average
Fee
1.313.50
Exchange Rate Margin (%)
0.680.68
Total Cost Percent (%)
2.442.44
Total Cost (BHD) Total Cost (USD)
1.834.87
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Next day 2 days 6 days or more
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
Medium
0.751.97
0.10
Percentage difference between market reference rate 192.32 and exchange rate charged 192.13
0.10
0.500.50
0.952.50
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
1.002.63
0.10
Percentage difference between market reference rate 192.32 and exchange rate charged 192.12
0.10
0.630.63
1.203.16
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
1.002.63
0.14
Percentage difference between market reference rate 192.32 and exchange rate charged 192.06
0.14
0.660.66
1.253.29
Modern Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.002.63
0.35
Percentage difference between market reference rate 192.32 and exchange rate charged 191.66
0.35
0.870.87
1.654.34
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.804.74
-0.01
Percentage difference between market reference rate 192.32 and exchange rate charged 192.35
-0.01
0.930.93
1.774.66
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.804.74
0.19
Percentage difference between market reference rate 192.32 and exchange rate charged 191.95
0.19
1.141.14
2.175.71
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
1.002.63
0.67
Percentage difference between market reference rate 192.32 and exchange rate charged 191.03
0.67
1.201.20
2.286.00
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
1.002.63
0.88
Percentage difference between market reference rate 192.32 and exchange rate charged 190.63
0.88
1.411.41
2.687.05
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.503.95
0.66
Percentage difference between market reference rate 192.32 and exchange rate charged 191.06
0.66
1.441.44
2.747.21
SBI Rupee Instant Flash
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Bank branch
Medium
1.002.63
0.94
Percentage difference between market reference rate 192.32 and exchange rate charged 190.52
0.94
1.471.47
2.797.34
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.804.74
0.65
Percentage difference between market reference rate 192.32 and exchange rate charged 191.07
0.65
1.601.60
3.048.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
1.804.74
0.65
Percentage difference between market reference rate 192.32 and exchange rate charged 191.07
0.65
1.601.60
3.048.00
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.503.95
0.89
Percentage difference between market reference rate 192.32 and exchange rate charged 190.62
0.89
1.681.68
3.198.39
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.503.95
0.97
Percentage difference between market reference rate 192.32 and exchange rate charged 190.47
0.97
1.761.76
3.348.79
SBI Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Bank branch
Medium
1.002.63
1.23
Percentage difference between market reference rate 192.32 and exchange rate charged 189.95
1.23
1.761.76
3.348.79
NEC Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.503.95
1.21
Percentage difference between market reference rate 192.32 and exchange rate charged 190.00
1.21
2.002.00
3.8010.00
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
1.002.63
1.66
Percentage difference between market reference rate 192.32 and exchange rate charged 189.12
1.66
2.192.19
4.1610.95
Dalil Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
2.506.58
1.02
Percentage difference between market reference rate 192.32 and exchange rate charged 190.36
1.02
2.332.33
4.4311.66
Total Average First Quarter
1.401.40
Total Average Fourth Quarter 2020
2.722.72
Total Average
Fee
1.363.57
Exchange Rate Margin (%)
0.680.68
Total Cost Percent (%)
1.401.40
Total Cost (BHD) Total Cost (USD)
2.666.99
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Next day 2 days 6 days or more
Bank account Cash