Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From KWKuwait you can also send money to

Sending money from KUWAIT to BANGLADESH

Data collected on: Nov 10, 2021-Nov 12, 2021
KWD | 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 (KWD)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.
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.08
0.08
Percentage difference between market reference rate 284.11 and exchange rate charged 283.88
0.08
1.621.62
1.053.23
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.08
0.15
Percentage difference between market reference rate 283.86 and exchange rate charged 283.42
0.15
1.691.69
1.103.38
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.003.08
0.16
Percentage difference between market reference rate 283.86 and exchange rate charged 283.41
0.16
1.701.70
1.113.42
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet, Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.08
0.87
Percentage difference between market reference rate 283.77 and exchange rate charged 281.29
0.87
2.412.41
1.574.83
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.003.08
0.87
Percentage difference between market reference rate 283.77 and exchange rate charged 281.29
0.87
2.412.41
1.574.83
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet, Agent
Sending network coverage
Medium
Receiving method
High
1.003.08
0.89
Percentage difference between market reference rate 283.86 and exchange rate charged 281.33
0.89
2.432.43
1.584.86
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet, Agent
Sending network coverage
High
Receiving method
High
1.003.08
0.89
Percentage difference between market reference rate 283.82 and exchange rate charged 281.29
0.89
2.432.43
1.584.86
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.003.08
0.90
Percentage difference between market reference rate 283.86 and exchange rate charged 281.29
0.90
2.442.44
1.594.89
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet, Agent
Sending network coverage
High
Receiving method
High
1.003.08
0.93
Percentage difference between market reference rate 284.32 and exchange rate charged 281.69
0.93
2.472.47
1.614.95
Total Average Fourth Quarter 2021
2.182.18
Total Average Third Quarter 2021
2.292.29
Total Average
Fee
1.003.08
Exchange Rate Margin (%)
0.640.64
Total Cost Percent (%)
2.182.18
Total Cost (KWD) Total Cost (USD)
1.424.36
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour 2 days
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
1.003.33
0.08
Percentage difference between market reference rate 284.11 and exchange rate charged 283.88
0.08
0.750.75
1.133.77
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.33
0.15
Percentage difference between market reference rate 283.86 and exchange rate charged 283.42
0.15
0.820.82
1.234.10
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.003.33
0.16
Percentage difference between market reference rate 283.86 and exchange rate charged 283.41
0.16
0.830.83
1.254.17
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.003.33
0.87
Percentage difference between market reference rate 283.77 and exchange rate charged 281.29
0.87
1.541.54
2.317.70
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet, Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.33
0.87
Percentage difference between market reference rate 283.77 and exchange rate charged 281.29
0.87
1.541.54
2.317.70
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet, Agent
Sending network coverage
High
Receiving method
High
1.003.33
0.89
Percentage difference between market reference rate 283.82 and exchange rate charged 281.29
0.89
1.561.56
2.347.80
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet, Agent
Sending network coverage
Medium
Receiving method
High
1.003.33
0.89
Percentage difference between market reference rate 283.86 and exchange rate charged 281.33
0.89
1.561.56
2.347.80
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.003.33
0.90
Percentage difference between market reference rate 283.86 and exchange rate charged 281.29
0.90
1.571.57
2.367.87
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet, Agent
Sending network coverage
High
Receiving method
High
1.003.33
0.93
Percentage difference between market reference rate 284.32 and exchange rate charged 281.69
0.93
1.591.59
2.397.97
Total Average Fourth Quarter 2021
1.311.31
Total Average Third Quarter 2021
1.421.42
Total Average
Fee
1.003.33
Exchange Rate Margin (%)
0.640.64
Total Cost Percent (%)
1.311.31
Total Cost (KWD) Total Cost (USD)
1.966.54
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour 2 days
Bank account Cash