Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from BAHRAIN to INDIA

Data collected on: Sep 12, 2019
BHD | USD
Payment instrument
Access point
Sending network coverage
Receiving method
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
0.501.33
1.34
Percentage difference between market reference rate 189.69 and exchange rate charged 187.16
1.34
2.002.00
1.504.00
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
0.501.33
1.34
Percentage difference between market reference rate 189.69 and exchange rate charged 187.16
1.34
2.002.00
1.504.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.002.67
1.33
Percentage difference between market reference rate 189.69 and exchange rate charged 187.17
1.33
2.672.67
2.005.33
SBI Rupee Instant Flash
Firm type:
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Bank branch
Medium
1.002.67
1.39
Percentage difference between market reference rate 189.69 and exchange rate charged 187.07
1.39
2.722.72
2.045.44
SBI Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Bank branch
Medium
1.002.67
1.39
Percentage difference between market reference rate 189.69 and exchange rate charged 187.07
1.39
2.722.72
2.045.44
NEC Remit
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 189.69 and exchange rate charged 188.00
0.89
2.892.89
2.175.79
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
1.002.67
1.83
Percentage difference between market reference rate 189.69 and exchange rate charged 186.22
1.83
3.163.16
2.376.32
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
1.002.67
1.83
Percentage difference between market reference rate 189.69 and exchange rate charged 186.22
1.83
3.163.16
2.376.32
Modern Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.002.67
1.88
Percentage difference between market reference rate 189.69 and exchange rate charged 186.13
1.88
3.213.21
2.416.43
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
1.804.80
0.89
Percentage difference between market reference rate 189.69 and exchange rate charged 188.00
0.89
3.293.29
2.476.59
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.504.00
1.85
Percentage difference between market reference rate 189.69 and exchange rate charged 186.18
1.85
3.853.85
2.897.71
MoneyGram
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 189.69 and exchange rate charged 186.13
1.88
3.883.88
2.917.76
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.804.80
1.50
Percentage difference between market reference rate 189.69 and exchange rate charged 186.84
1.50
3.903.90
2.937.81
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.504.00
1.93
Percentage difference between market reference rate 189.69 and exchange rate charged 186.03
1.93
3.933.93
2.957.87
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.504.00
1.93
Percentage difference between market reference rate 189.69 and exchange rate charged 186.03
1.93
3.933.93
2.957.87
UAE Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
1.002.67
2.66
Percentage difference between market reference rate 189.69 and exchange rate charged 184.65
2.66
3.993.99
2.997.97
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.504.00
1.98
Percentage difference between market reference rate 189.69 and exchange rate charged 185.94
1.98
3.983.98
2.997.97
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
Medium
0.752.00
4.06
Percentage difference between market reference rate 189.69 and exchange rate charged 182.00
4.06
5.065.06
3.8010.13
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
1.002.67
4.06
Percentage difference between market reference rate 189.69 and exchange rate charged 182.00
4.06
5.395.39
4.0410.77
Dalil Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
2.506.67
4.06
Percentage difference between market reference rate 189.69 and exchange rate charged 182.00
4.06
7.397.39
5.5414.77
Total Average Third Quarter
3.663.66
Total Average Second Quarter
2.322.32
Total Average
Fee
1.243.31
Exchange Rate Margin (%)
2.002.00
Total Cost Percent (%)
3.663.66
Total Cost (BHD) Total Cost (USD)
2.747.31
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
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
0.501.32
1.34
Percentage difference between market reference rate 189.69 and exchange rate charged 187.16
1.34
1.601.60
3.048.00
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
0.501.32
1.34
Percentage difference between market reference rate 189.69 and exchange rate charged 187.16
1.34
1.601.60
3.048.00
NEC Remit
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 189.69 and exchange rate charged 188.00
0.89
1.681.68
3.198.39
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
1.804.74
0.89
Percentage difference between market reference rate 189.69 and exchange rate charged 188.00
0.89
1.841.84
3.509.21
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.002.63
1.33
Percentage difference between market reference rate 189.69 and exchange rate charged 187.17
1.33
1.861.86
3.539.29
SBI Rupee Instant Flash
Firm type:
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Bank branch
Medium
1.002.63
1.39
Percentage difference between market reference rate 189.69 and exchange rate charged 187.07
1.39
1.911.91
3.639.55
SBI Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Bank branch
Medium
1.002.63
1.39
Percentage difference between market reference rate 189.69 and exchange rate charged 187.07
1.39
1.911.91
3.639.55
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
1.002.63
1.83
Percentage difference between market reference rate 189.69 and exchange rate charged 186.22
1.83
2.362.36
4.4811.79
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
1.002.63
1.83
Percentage difference between market reference rate 189.69 and exchange rate charged 186.22
1.83
2.362.36
4.4811.79
Modern Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.002.63
1.88
Percentage difference between market reference rate 189.69 and exchange rate charged 186.13
1.88
2.412.41
4.5812.05
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.804.74
1.50
Percentage difference between market reference rate 189.69 and exchange rate charged 186.84
1.50
2.452.45
4.6612.26
MoneyGram
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 189.69 and exchange rate charged 186.13
1.88
2.672.67
5.0713.34
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.503.95
1.93
Percentage difference between market reference rate 189.69 and exchange rate charged 186.03
1.93
2.722.72
5.1713.61
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.503.95
1.93
Percentage difference between market reference rate 189.69 and exchange rate charged 186.03
1.93
2.722.72
5.1713.61
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.503.95
1.98
Percentage difference between market reference rate 189.69 and exchange rate charged 185.94
1.98
2.772.77
5.2613.84
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.804.74
1.85
Percentage difference between market reference rate 189.69 and exchange rate charged 186.18
1.85
2.802.80
5.3214.00
UAE Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
1.002.63
2.66
Percentage difference between market reference rate 189.69 and exchange rate charged 184.65
2.66
3.183.18
6.0415.89
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
1.002.63
4.06
Percentage difference between market reference rate 189.69 and exchange rate charged 182.00
4.06
4.584.58
8.7022.89
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
Medium
1.002.63
4.06
Percentage difference between market reference rate 189.69 and exchange rate charged 182.00
4.06
4.584.58
8.7022.89
Dalil Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
2.506.58
4.06
Percentage difference between market reference rate 189.69 and exchange rate charged 182.00
4.06
5.375.37
10.2026.84
Total Average Third Quarter
2.672.67
Total Average Second Quarter
1.331.33
Total Average
Fee
1.273.34
Exchange Rate Margin (%)
2.002.00
Total Cost Percent (%)
2.672.67
Total Cost (BHD) Total Cost (USD)
5.0713.34
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