Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From KWKuwait you can also send money to

Sending money from KUWAIT to PAKISTAN

Data collected on: Oct 28, 2020
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
1.89
Percentage difference between market reference rate 525.20 and exchange rate charged 515.27
1.89
3.433.43
2.236.86
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.003.08
2.51
Percentage difference between market reference rate 525.20 and exchange rate charged 512.02
2.51
4.054.05
2.638.09
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.003.08
2.50
Percentage difference between market reference rate 525.20 and exchange rate charged 512.06
2.50
4.044.04
2.638.09
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.08
2.60
Percentage difference between market reference rate 525.20 and exchange rate charged 511.56
2.60
4.134.13
2.688.25
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Receiving method
Agent
Low
0.852.62
2.97
Percentage difference between market reference rate 525.20 and exchange rate charged 509.58
2.97
4.284.28
2.788.55
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.08
2.85
Percentage difference between market reference rate 525.20 and exchange rate charged 510.23
2.85
4.394.39
2.858.77
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
0.501.54
3.75
Percentage difference between market reference rate 525.20 and exchange rate charged 505.52
3.75
4.524.52
2.949.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.006.15
1.74
Percentage difference between market reference rate 525.20 and exchange rate charged 516.07
1.74
4.824.82
3.139.63
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.08
3.62
Percentage difference between market reference rate 525.20 and exchange rate charged 506.17
3.62
5.165.16
3.3510.31
Total Average Fourth Quarter 2020
4.314.31
Total Average Third Quarter 2020
2.652.65
Total Average
Fee
1.043.20
Exchange Rate Margin (%)
2.712.71
Total Cost Percent (%)
4.314.31
Total Cost (KWD) Total Cost (USD)
2.808.62
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
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.33
1.89
Percentage difference between market reference rate 525.20 and exchange rate charged 515.27
1.89
2.562.56
3.8412.80
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
0.000.00
2.85
Percentage difference between market reference rate 525.20 and exchange rate charged 510.23
2.85
2.852.85
4.2814.27
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.006.67
1.74
Percentage difference between market reference rate 525.20 and exchange rate charged 516.07
1.74
3.073.07
4.6115.37
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.003.33
2.50
Percentage difference between market reference rate 525.20 and exchange rate charged 512.06
2.50
3.173.17
4.7615.87
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.003.33
2.51
Percentage difference between market reference rate 525.20 and exchange rate charged 512.02
2.51
3.183.18
4.7715.90
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.33
2.60
Percentage difference between market reference rate 525.20 and exchange rate charged 511.56
2.60
3.263.26
4.8916.30
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Receiving method
Agent
Low
0.852.83
2.97
Percentage difference between market reference rate 525.20 and exchange rate charged 509.58
2.97
3.543.54
5.3117.70
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
0.501.67
3.75
Percentage difference between market reference rate 525.20 and exchange rate charged 505.52
3.75
4.084.08
6.1220.40
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.33
3.62
Percentage difference between market reference rate 525.20 and exchange rate charged 506.17
3.62
4.294.29
6.4421.47
Total Average Fourth Quarter 2020
3.333.33
Total Average Third Quarter 2020
1.741.74
Total Average
Fee
0.933.09
Exchange Rate Margin (%)
2.712.71
Total Cost Percent (%)
3.333.33
Total Cost (KWD) Total Cost (USD)
5.0016.67
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Next day
Bank account Cash