Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from BAHRAIN to INDIA

Data collected on: May 08, 2019
BHD | USD
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
0.752.00
0.05
Percentage difference between market reference rate 185.09 and exchange rate charged 185.00
0.05
1.051.05
0.792.11
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
0.501.33
0.50
Percentage difference between market reference rate 185.09 and exchange rate charged 184.17
0.50
1.171.17
0.882.35
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
0.501.33
0.50
Percentage difference between market reference rate 185.09 and exchange rate charged 184.17
0.50
1.171.17
0.882.35
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
1.002.67
0.05
Percentage difference between market reference rate 185.09 and exchange rate charged 185.00
0.05
1.381.38
1.042.77
Modern Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.002.67
0.26
Percentage difference between market reference rate 185.09 and exchange rate charged 184.62
0.26
1.591.59
1.193.17
UAE Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
1.002.67
0.29
Percentage difference between market reference rate 185.09 and exchange rate charged 184.56
0.29
1.621.62
1.223.25
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.504.00
0.11
Percentage difference between market reference rate 185.09 and exchange rate charged 184.89
0.11
2.112.11
1.584.21
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.504.00
0.11
Percentage difference between market reference rate 185.09 and exchange rate charged 184.89
0.11
2.112.11
1.584.21
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.504.00
0.10
Percentage difference between market reference rate 185.09 and exchange rate charged 184.91
0.10
2.102.10
1.584.21
SBI Rupee Instant Flash
Firm type:
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Bank branch
Medium
1.002.67
1.04
Percentage difference between market reference rate 185.09 and exchange rate charged 183.17
1.04
2.372.37
1.784.75
SBI Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Bank branch
Medium
1.002.67
1.04
Percentage difference between market reference rate 185.09 and exchange rate charged 183.17
1.04
2.372.37
1.784.75
NEC Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.504.00
0.50
Percentage difference between market reference rate 185.09 and exchange rate charged 184.17
0.50
2.502.50
1.885.01
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.253.33
0.93
Percentage difference between market reference rate 185.09 and exchange rate charged 183.38
0.93
2.592.59
1.945.17
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.504.00
0.83
Percentage difference between market reference rate 185.09 and exchange rate charged 183.55
0.83
2.832.83
2.125.65
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
1.002.67
1.49
Percentage difference between market reference rate 185.09 and exchange rate charged 182.33
1.49
2.832.83
2.125.65
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
1.002.67
1.49
Percentage difference between market reference rate 185.09 and exchange rate charged 182.33
1.49
2.832.83
2.125.65
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.804.80
1.10
Percentage difference between market reference rate 185.09 and exchange rate charged 183.05
1.10
3.503.50
2.637.01
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.804.80
1.32
Percentage difference between market reference rate 185.09 and exchange rate charged 182.65
1.32
3.723.72
2.797.44
Dalil Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
2.506.67
0.85
Percentage difference between market reference rate 185.09 and exchange rate charged 183.52
0.85
4.184.18
3.148.37
Total Average Second Quarter
2.322.32
Total Average First Quarter
3.063.06
Total Average
Fee
1.243.31
Exchange Rate Margin (%)
0.660.66
Total Cost Percent (%)
2.322.32
Total Cost (BHD) Total Cost (USD)
1.744.64
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
0.05
Percentage difference between market reference rate 185.09 and exchange rate charged 185.00
0.05
0.440.44
0.842.21
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
1.002.63
0.05
Percentage difference between market reference rate 185.09 and exchange rate charged 185.00
0.05
0.580.58
1.102.89
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
0.501.32
0.50
Percentage difference between market reference rate 185.09 and exchange rate charged 184.17
0.50
0.760.76
1.443.79
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
0.501.32
0.50
Percentage difference between market reference rate 185.09 and exchange rate charged 184.17
0.50
0.760.76
1.443.79
Modern Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.002.63
0.26
Percentage difference between market reference rate 185.09 and exchange rate charged 184.62
0.26
0.780.78
1.483.89
UAE Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
1.002.63
0.29
Percentage difference between market reference rate 185.09 and exchange rate charged 184.56
0.29
0.810.81
1.544.05
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.503.95
0.10
Percentage difference between market reference rate 185.09 and exchange rate charged 184.91
0.10
0.890.89
1.694.45
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.503.95
0.11
Percentage difference between market reference rate 185.09 and exchange rate charged 184.89
0.11
0.900.90
1.714.50
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.503.95
0.11
Percentage difference between market reference rate 185.09 and exchange rate charged 184.89
0.11
0.900.90
1.714.50
NEC Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.503.95
0.50
Percentage difference between market reference rate 185.09 and exchange rate charged 184.17
0.50
1.291.29
2.456.45
SBI Rupee Instant Flash
Firm type:
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Bank branch
Medium
1.002.63
1.04
Percentage difference between market reference rate 185.09 and exchange rate charged 183.17
1.04
1.571.57
2.987.84
SBI Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Bank branch
Medium
1.002.63
1.04
Percentage difference between market reference rate 185.09 and exchange rate charged 183.17
1.04
1.571.57
2.987.84
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.503.95
0.93
Percentage difference between market reference rate 185.09 and exchange rate charged 183.38
0.93
1.721.72
3.278.61
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.804.74
0.83
Percentage difference between market reference rate 185.09 and exchange rate charged 183.55
0.83
1.781.78
3.388.89
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
1.002.63
1.49
Percentage difference between market reference rate 185.09 and exchange rate charged 182.33
1.49
2.022.02
3.8410.11
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
1.002.63
1.49
Percentage difference between market reference rate 185.09 and exchange rate charged 182.33
1.49
2.022.02
3.8410.11
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.804.74
1.10
Percentage difference between market reference rate 185.09 and exchange rate charged 183.05
1.10
2.052.05
3.9010.26
Dalil Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
2.506.58
0.85
Percentage difference between market reference rate 185.09 and exchange rate charged 183.52
0.85
2.172.17
4.1210.84
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.804.74
1.32
Percentage difference between market reference rate 185.09 and exchange rate charged 182.65
1.32
2.262.26
4.2911.29
Total Average Second Quarter
1.331.33
Total Average First Quarter
2.032.03
Total Average
Fee
1.273.34
Exchange Rate Margin (%)
0.660.66
Total Cost Percent (%)
1.331.33
Total Cost (BHD) Total Cost (USD)
2.536.65
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