Remittance Prices Worldwide

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Sending money from BAHRAIN to INDIA

Data collected on: May 13, 2020
BHD | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.002.67
-1.40
Percentage difference between market reference rate 200.50 and exchange rate charged 203.31
-1.40
-0.07-0.07
-0.05-0.13
SBI Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Bank branch
Medium
1.002.67
1.13
Percentage difference between market reference rate 200.50 and exchange rate charged 198.23
1.13
2.472.47
1.854.93
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
0.501.33
2.08
Percentage difference between market reference rate 200.50 and exchange rate charged 196.32
2.08
2.752.75
2.065.49
Modern Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.002.67
1.60
Percentage difference between market reference rate 200.50 and exchange rate charged 197.30
1.60
2.932.93
2.205.87
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.504.00
0.97
Percentage difference between market reference rate 200.50 and exchange rate charged 198.56
0.97
2.972.97
2.235.95
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
1.002.67
1.68
Percentage difference between market reference rate 200.50 and exchange rate charged 197.13
1.68
3.023.02
2.276.05
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
1.002.67
1.80
Percentage difference between market reference rate 200.50 and exchange rate charged 196.88
1.80
3.143.14
2.366.29
NEC Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.504.00
1.17
Percentage difference between market reference rate 200.50 and exchange rate charged 198.17
1.17
3.173.17
2.386.35
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
0.501.33
2.54
Percentage difference between market reference rate 200.50 and exchange rate charged 195.42
2.54
3.203.20
2.406.40
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
Medium
0.752.00
2.25
Percentage difference between market reference rate 200.50 and exchange rate charged 196.00
2.25
3.253.25
2.446.51
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
2.11
Percentage difference between market reference rate 200.50 and exchange rate charged 196.26
2.11
3.453.45
2.596.91
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.504.00
1.64
Percentage difference between market reference rate 200.50 and exchange rate charged 197.22
1.64
3.643.64
2.737.28
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.504.00
1.66
Percentage difference between market reference rate 200.50 and exchange rate charged 197.17
1.66
3.663.66
2.757.33
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
1.002.67
2.66
Percentage difference between market reference rate 200.50 and exchange rate charged 195.17
2.66
4.004.00
3.008.00
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.804.80
1.68
Percentage difference between market reference rate 200.50 and exchange rate charged 197.13
1.68
4.084.08
3.068.16
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.504.00
2.22
Percentage difference between market reference rate 200.50 and exchange rate charged 196.06
2.22
4.224.22
3.178.45
Dalil Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
2.506.67
1.64
Percentage difference between market reference rate 200.50 and exchange rate charged 197.22
1.64
4.974.97
3.739.95
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
1.804.80
2.87
Percentage difference between market reference rate 200.50 and exchange rate charged 194.75
2.87
5.275.27
3.9510.53
Total Average Second Quarter
3.343.34
Total Average First Quarter
3.873.87
Total Average
Fee
1.243.31
Exchange Rate Margin (%)
1.681.68
Total Cost Percent (%)
3.343.34
Total Cost (BHD) Total Cost (USD)
2.516.68
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
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.804.74
-1.40
Percentage difference between market reference rate 200.50 and exchange rate charged 203.31
-1.40
-0.45-0.45
-0.86-2.26
SBI Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Bank branch
Medium
1.002.63
1.13
Percentage difference between market reference rate 200.50 and exchange rate charged 198.23
1.13
1.661.66
3.158.29
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.503.95
0.97
Percentage difference between market reference rate 200.50 and exchange rate charged 198.56
0.97
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
1.17
Percentage difference between market reference rate 200.50 and exchange rate charged 198.17
1.17
1.961.96
3.729.79
Modern Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1.002.63
1.60
Percentage difference between market reference rate 200.50 and exchange rate charged 197.30
1.60
2.122.12
4.0310.61
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
1.002.63
1.68
Percentage difference between market reference rate 200.50 and exchange rate charged 197.13
1.68
2.212.21
4.2011.05
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
1.002.63
1.80
Percentage difference between market reference rate 200.50 and exchange rate charged 196.88
1.80
2.332.33
4.4311.66
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
0.501.32
2.08
Percentage difference between market reference rate 200.50 and exchange rate charged 196.32
2.08
2.352.35
4.4711.76
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.503.95
1.64
Percentage difference between market reference rate 200.50 and exchange rate charged 197.22
1.64
2.432.43
4.6212.16
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.503.95
1.66
Percentage difference between market reference rate 200.50 and exchange rate charged 197.17
1.66
2.452.45
4.6612.26
Ezremit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.804.74
1.68
Percentage difference between market reference rate 200.50 and exchange rate charged 197.13
1.68
2.632.63
5.0013.16
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
2.11
Percentage difference between market reference rate 200.50 and exchange rate charged 196.26
2.11
2.642.64
5.0213.21
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
Medium
1.002.63
2.25
Percentage difference between market reference rate 200.50 and exchange rate charged 196.00
2.25
2.772.77
5.2613.84
ICICI Bank
Firm type: Bank
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
0.501.32
2.54
Percentage difference between market reference rate 200.50 and exchange rate charged 195.42
2.54
2.802.80
5.3214.00
Dalil Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
2.506.58
1.64
Percentage difference between market reference rate 200.50 and exchange rate charged 197.22
1.64
2.962.96
5.6214.79
Bahrain Financing Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.503.95
2.22
Percentage difference between market reference rate 200.50 and exchange rate charged 196.06
2.22
3.013.01
5.7215.05
BIIECO
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
1.002.63
2.66
Percentage difference between market reference rate 200.50 and exchange rate charged 195.17
2.66
3.193.19
6.0615.95
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
1.804.74
2.87
Percentage difference between market reference rate 200.50 and exchange rate charged 194.75
2.87
3.823.82
7.2619.11
Total Average Second Quarter
2.372.37
Total Average First Quarter
2.902.90
Total Average
Fee
1.303.42
Exchange Rate Margin (%)
1.681.68
Total Cost Percent (%)
2.372.37
Total Cost (BHD) Total Cost (USD)
4.5011.85
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