Remittance Prices Worldwide

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Sending money from KUWAIT to INDIA

Data collected on: May 12, 2020
KWD | USD
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
1.003.08
2.45
Percentage difference between market reference rate 245.33 and exchange rate charged 239.32
2.45
3.993.99
2.597.97
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.501.54
1.28
Percentage difference between market reference rate 245.33 and exchange rate charged 242.19
1.28
2.052.05
1.334.09
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.501.54
1.28
Percentage difference between market reference rate 245.33 and exchange rate charged 242.19
1.28
2.052.05
1.334.09
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.08
4.08
Percentage difference between market reference rate 245.33 and exchange rate charged 235.32
4.08
5.625.62
3.6511.23
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
0.501.54
2.51
Percentage difference between market reference rate 245.33 and exchange rate charged 239.17
2.51
3.283.28
2.136.55
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.003.08
2.16
Percentage difference between market reference rate 245.33 and exchange rate charged 240.02
2.16
3.703.70
2.417.42
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Receiving method
Low
0.752.31
1.50
Percentage difference between market reference rate 245.33 and exchange rate charged 241.66
1.50
2.652.65
1.725.29
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
0.952.92
2.57
Percentage difference between market reference rate 245.33 and exchange rate charged 239.02
2.57
4.034.03
2.628.06
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
0.952.92
2.57
Percentage difference between market reference rate 245.33 and exchange rate charged 239.02
2.57
4.034.03
2.628.06
Kuwait India International Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.755.38
1.14
Percentage difference between market reference rate 245.33 and exchange rate charged 242.53
1.14
3.833.83
2.497.66
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
1.003.08
0.54
Percentage difference between market reference rate 245.33 and exchange rate charged 244.00
0.54
2.082.08
1.354.15
Total Average Second Quarter
3.393.39
Total Average First Quarter
2.182.18
Total Average
Fee
0.902.77
Exchange Rate Margin (%)
2.012.01
Total Cost Percent (%)
3.393.39
Total Cost (KWD) Total Cost (USD)
2.206.78
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
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
1.003.33
0.54
Percentage difference between market reference rate 245.33 and exchange rate charged 244.00
0.54
1.211.21
1.826.07
Kuwait India International Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.755.83
1.14
Percentage difference between market reference rate 245.33 and exchange rate charged 242.53
1.14
2.312.31
3.4711.57
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.501.67
1.28
Percentage difference between market reference rate 245.33 and exchange rate charged 242.19
1.28
1.611.61
2.428.07
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
0.501.67
1.28
Percentage difference between market reference rate 245.33 and exchange rate charged 242.19
1.28
1.611.61
2.428.07
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Receiving method
Low
0.752.50
1.50
Percentage difference between market reference rate 245.33 and exchange rate charged 241.66
1.50
2.002.00
3.0010.00
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.003.33
2.16
Percentage difference between market reference rate 245.33 and exchange rate charged 240.02
2.16
2.832.83
4.2514.17
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.33
2.45
Percentage difference between market reference rate 245.33 and exchange rate charged 239.32
2.45
3.113.11
4.6715.57
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
0.501.67
2.51
Percentage difference between market reference rate 245.33 and exchange rate charged 239.17
2.51
2.852.85
4.2814.27
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
0.953.17
2.57
Percentage difference between market reference rate 245.33 and exchange rate charged 239.02
2.57
3.203.20
4.8016.00
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
0.953.17
2.57
Percentage difference between market reference rate 245.33 and exchange rate charged 239.02
2.57
3.203.20
4.8016.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.33
4.08
Percentage difference between market reference rate 245.33 and exchange rate charged 235.32
4.08
4.754.75
7.1323.77
Total Average Second Quarter
2.612.61
Total Average First Quarter
1.361.36
Total Average
Fee
0.903.00
Exchange Rate Margin (%)
2.012.01
Total Cost Percent (%)
2.612.61
Total Cost (KWD) Total Cost (USD)
3.9113.05
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Next day
Bank account Cash