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Transfer money

Sending money from KUWAIT to INDIA

Data collected on: Sep 11, 2019
KWD | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (KWD)sort descendingTotal cost (USD)sort descending
Firm
Aman Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
0.752.31
Exchange rate margin (%)
0.49
Percentage difference between market reference rate 235.80 and exchange rate charged 234.650.49
Total cost (%)
1.641.64
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.073.29
Firm
Al Muzaini Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.003.08
Exchange rate margin (%)
0.33
Percentage difference between market reference rate 235.80 and exchange rate charged 235.010.33
Total cost (%)
1.871.87
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.223.75
Firm
Bahrain Exchange Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.952.92
Exchange rate margin (%)
0.47
Percentage difference between market reference rate 235.80 and exchange rate charged 234.690.47
Total cost (%)
1.931.93
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.253.85
Firm
Al Mulla Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.003.08
Exchange rate margin (%)
0.45
Percentage difference between market reference rate 235.80 and exchange rate charged 234.740.45
Total cost (%)
1.991.99
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.293.97
Firm
Bahrain Exchange Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.952.92
Exchange rate margin (%)
0.60
Percentage difference between market reference rate 235.80 and exchange rate charged 234.380.60
Total cost (%)
2.062.06
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.344.12
Firm
Lulu Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.003.08
Exchange rate margin (%)
0.54
Percentage difference between market reference rate 235.80 and exchange rate charged 234.520.54
Total cost (%)
2.082.08
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.354.15
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.003.08
Exchange rate margin (%)
1.48
Percentage difference between market reference rate 235.80 and exchange rate charged 232.321.48
Total cost (%)
3.023.02
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.966.03
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.003.08
Exchange rate margin (%)
1.48
Percentage difference between market reference rate 235.80 and exchange rate charged 232.311.48
Total cost (%)
3.023.02
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.966.03
Firm
UAE Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.003.08
Exchange rate margin (%)
1.93
Percentage difference between market reference rate 235.80 and exchange rate charged 231.261.93
Total cost (%)
3.473.47
Total cost (KWD)sort descendingTotal cost (USD)sort descending
2.266.95
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.003.08
Exchange rate margin (%)
1.94
Percentage difference between market reference rate 235.80 and exchange rate charged 231.231.94
Total cost (%)
3.483.48
Total cost (KWD)sort descendingTotal cost (USD)sort descending
2.266.95
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.003.08
Exchange rate margin (%)
2.04
Percentage difference between market reference rate 235.80 and exchange rate charged 230.982.04
Total cost (%)
3.583.58
Total cost (KWD)sort descendingTotal cost (USD)sort descending
2.337.17
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.006.15
Exchange rate margin (%)
1.80
Percentage difference between market reference rate 235.80 and exchange rate charged 231.571.80
Total cost (%)
4.874.87
Total cost (KWD)sort descendingTotal cost (USD)sort descending
3.179.75
Firm
Kuwait India International Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.755.38
Exchange rate margin (%)
2.39
Percentage difference between market reference rate 235.80 and exchange rate charged 230.172.39
Total cost (%)
5.085.08
Total cost (KWD)sort descendingTotal cost (USD)sort descending
3.3010.15
Total Average Third Quarter
2.932.93
Total Average Second Quarter
3.023.02
Total Average
Fee
1.113.41
Exchange Rate Margin (%)
1.231.23
Total Cost Percent (%)
2.932.93
Total Cost (KWD) Total Cost (USD)
1.905.86
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Next day
Bank account Cash
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (KWD)sort descendingTotal cost (USD)sort descending
Firm
Aman Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
0.752.50
Exchange rate margin (%)
0.49
Percentage difference between market reference rate 235.80 and exchange rate charged 234.650.49
Total cost (%)
0.990.99
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.494.97
Firm
Al Muzaini Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.003.33
Exchange rate margin (%)
0.33
Percentage difference between market reference rate 235.80 and exchange rate charged 235.010.33
Total cost (%)
1.001.00
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.505.00
Firm
Bahrain Exchange Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.953.17
Exchange rate margin (%)
0.47
Percentage difference between market reference rate 235.80 and exchange rate charged 234.690.47
Total cost (%)
1.101.10
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.655.50
Firm
Al Mulla Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.003.33
Exchange rate margin (%)
0.45
Percentage difference between market reference rate 235.80 and exchange rate charged 234.740.45
Total cost (%)
1.121.12
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.685.60
Firm
Lulu Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.003.33
Exchange rate margin (%)
0.54
Percentage difference between market reference rate 235.80 and exchange rate charged 234.520.54
Total cost (%)
1.211.21
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.826.07
Firm
Bahrain Exchange Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.953.17
Exchange rate margin (%)
0.60
Percentage difference between market reference rate 235.80 and exchange rate charged 234.380.60
Total cost (%)
1.241.24
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.866.20
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.003.33
Exchange rate margin (%)
1.48
Percentage difference between market reference rate 235.80 and exchange rate charged 232.321.48
Total cost (%)
2.142.14
Total cost (KWD)sort descendingTotal cost (USD)sort descending
3.2110.70
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.003.33
Exchange rate margin (%)
1.48
Percentage difference between market reference rate 235.80 and exchange rate charged 232.311.48
Total cost (%)
2.152.15
Total cost (KWD)sort descendingTotal cost (USD)sort descending
3.2310.77
Firm
UAE Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.003.33
Exchange rate margin (%)
1.93
Percentage difference between market reference rate 235.80 and exchange rate charged 231.261.93
Total cost (%)
2.592.59
Total cost (KWD)sort descendingTotal cost (USD)sort descending
3.8912.97
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.003.33
Exchange rate margin (%)
1.94
Percentage difference between market reference rate 235.80 and exchange rate charged 231.231.94
Total cost (%)
2.602.60
Total cost (KWD)sort descendingTotal cost (USD)sort descending
3.9013.00
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.003.33
Exchange rate margin (%)
2.04
Percentage difference between market reference rate 235.80 and exchange rate charged 230.982.04
Total cost (%)
2.712.71
Total cost (KWD)sort descendingTotal cost (USD)sort descending
4.0713.57
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.006.67
Exchange rate margin (%)
1.80
Percentage difference between market reference rate 235.80 and exchange rate charged 231.571.80
Total cost (%)
3.133.13
Total cost (KWD)sort descendingTotal cost (USD)sort descending
4.7015.67
Firm
Kuwait India International Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.755.83
Exchange rate margin (%)
2.39
Percentage difference between market reference rate 235.80 and exchange rate charged 230.172.39
Total cost (%)
3.563.56
Total cost (KWD)sort descendingTotal cost (USD)sort descending
5.3417.80
Total Average Third Quarter
1.961.96
Total Average Second Quarter
2.112.11
Total Average
Fee
1.113.69
Exchange Rate Margin (%)
1.231.23
Total Cost Percent (%)
1.961.96
Total Cost (KWD) Total Cost (USD)
2.959.83
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Next day
Bank account Cash
Least Costly Corridors To India
Least Costly Corridors From Kuwait
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