Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From KWKuwait you can also send money to

Sending money from KUWAIT to BANGLADESH

Data collected on: Feb 04, 2020
KWD | 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
2.006.15
1.22
Percentage difference between market reference rate 278.71 and exchange rate charged 275.32
1.22
4.294.29
2.798.58
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
1.003.08
1.29
Percentage difference between market reference rate 278.71 and exchange rate charged 275.13
1.29
2.822.82
1.835.63
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.08
-0.93
Percentage difference between market reference rate 278.71 and exchange rate charged 281.29
-0.93
0.610.61
0.401.23
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.752.31
0.96
Percentage difference between market reference rate 278.71 and exchange rate charged 276.02
0.96
2.122.12
1.384.25
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Receiving method
High
0.852.62
0.56
Percentage difference between market reference rate 278.71 and exchange rate charged 277.16
0.56
1.871.87
1.223.75
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
0.952.92
0.27
Percentage difference between market reference rate 278.71 and exchange rate charged 277.95
0.27
1.731.73
1.123.45
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
0.952.92
0.27
Percentage difference between market reference rate 278.71 and exchange rate charged 277.95
0.27
1.731.73
1.123.45
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
1.003.08
0.88
Percentage difference between market reference rate 278.71 and exchange rate charged 276.27
0.88
2.422.42
1.574.83
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.08
-0.96
Percentage difference between market reference rate 278.71 and exchange rate charged 281.39
-0.96
0.580.58
0.381.17
UAE Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.003.08
-0.33
Percentage difference between market reference rate 278.71 and exchange rate charged 279.62
-0.33
1.211.21
0.792.43
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.501.54
0.89
Percentage difference between market reference rate 278.71 and exchange rate charged 276.23
0.89
1.661.66
1.083.32
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.501.54
0.89
Percentage difference between market reference rate 278.71 and exchange rate charged 276.23
0.89
1.661.66
1.083.32
Total Average First Quarter
1.891.89
Total Average Fourth Quarter 2019
2.922.92
Total Average
Fee
0.962.95
Exchange Rate Margin (%)
0.420.42
Total Cost Percent (%)
1.891.89
Total Cost (KWD) Total Cost (USD)
1.233.78
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Next day
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.33
-0.96
Percentage difference between market reference rate 278.71 and exchange rate charged 281.39
-0.96
-0.29-0.29
-0.44-1.47
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.33
-0.93
Percentage difference between market reference rate 278.71 and exchange rate charged 281.29
-0.93
-0.26-0.26
-0.39-1.30
UAE Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.003.33
-0.33
Percentage difference between market reference rate 278.71 and exchange rate charged 279.62
-0.33
0.340.34
0.511.70
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
0.953.17
0.27
Percentage difference between market reference rate 278.71 and exchange rate charged 277.95
0.27
0.900.90
1.354.50
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
0.953.17
0.27
Percentage difference between market reference rate 278.71 and exchange rate charged 277.95
0.27
0.900.90
1.354.50
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Receiving method
High
0.852.83
0.56
Percentage difference between market reference rate 278.71 and exchange rate charged 277.16
0.56
1.121.12
1.685.60
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
1.003.33
0.88
Percentage difference between market reference rate 278.71 and exchange rate charged 276.27
0.88
1.541.54
2.317.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.501.67
0.89
Percentage difference between market reference rate 278.71 and exchange rate charged 276.23
0.89
1.221.22
1.836.10
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.501.67
0.89
Percentage difference between market reference rate 278.71 and exchange rate charged 276.23
0.89
1.221.22
1.836.10
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.752.50
0.96
Percentage difference between market reference rate 278.71 and exchange rate charged 276.02
0.96
1.461.46
2.197.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.006.67
1.22
Percentage difference between market reference rate 278.71 and exchange rate charged 275.32
1.22
2.552.55
3.8312.77
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
1.003.33
1.29
Percentage difference between market reference rate 278.71 and exchange rate charged 275.13
1.29
1.951.95
2.939.77
Total Average First Quarter
1.051.05
Total Average Fourth Quarter 2019
1.991.99
Total Average
Fee
0.963.19
Exchange Rate Margin (%)
0.420.42
Total Cost Percent (%)
1.051.05
Total Cost (KWD) Total Cost (USD)
1.585.27
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Next day
Bank account Cash