Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From KWKuwait you can also send money to
Transfer money

Sending money from KUWAIT to PHILIPPINES

Data collected on: May 18, 2021-Jun 22, 2021
KWD | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Disbursing network coverage
Fee
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.
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 (%)
0.25
Percentage difference between market reference rate 159.04 and exchange rate charged 158.640.25
Total cost (%)
1.791.79
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.163.57
Firm
Al Muzaini Exchange
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 (%)
0.63
Percentage difference between market reference rate 158.47 and exchange rate charged 157.480.63
Total cost (%)
2.172.17
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.414.34
Firm
Al Muzaini Exchange
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 (%)
0.63
Percentage difference between market reference rate 158.47 and exchange rate charged 157.480.63
Total cost (%)
2.172.17
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.414.34
Firm
Bahrain Exchange Company
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 (%)
0.69
Percentage difference between market reference rate 158.83 and exchange rate charged 157.730.69
Total cost (%)
2.232.23
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.454.46
Firm
Bahrain Exchange Company
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 (%)
0.71
Percentage difference between market reference rate 158.60 and exchange rate charged 157.480.71
Total cost (%)
2.242.24
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.464.49
Firm
Lulu Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
1.003.08
Exchange rate margin (%)
0.73
Percentage difference between market reference rate 159.02 and exchange rate charged 157.850.73
Total cost (%)
2.272.27
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.484.55
Firm
Lulu Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
1.003.08
Exchange rate margin (%)
0.74
Percentage difference between market reference rate 159.02 and exchange rate charged 157.850.74
Total cost (%)
2.282.28
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.484.55
Firm
Al Mulla Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.003.08
Exchange rate margin (%)
0.87
Percentage difference between market reference rate 162.05 and exchange rate charged 160.640.87
Total cost (%)
2.412.41
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.574.83
Firm
Aman Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Low
Fee
1.003.08
Exchange rate margin (%)
0.90
Percentage difference between market reference rate 159.00 and exchange rate charged 157.580.90
Total cost (%)
2.442.44
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.594.89
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 (%)
0.91
Percentage difference between market reference rate 161.79 and exchange rate charged 160.310.91
Total cost (%)
2.452.45
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.594.89
Firm
Bahrain Exchange Company
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 (%)
1.30
Percentage difference between market reference rate 158.83 and exchange rate charged 156.771.30
Total cost (%)
2.842.84
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.855.69
Firm
Bahrain Exchange Company
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 (%)
1.39
Percentage difference between market reference rate 161.79 and exchange rate charged 159.531.39
Total cost (%)
2.932.93
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.905.85
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
1.504.62
Exchange rate margin (%)
0.76
Percentage difference between market reference rate 159.74 and exchange rate charged 158.530.76
Total cost (%)
3.063.06
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.996.12
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
1.504.62
Exchange rate margin (%)
0.76
Percentage difference between market reference rate 159.74 and exchange rate charged 158.530.76
Total cost (%)
3.063.06
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.996.12
Total Average Second Quarter
2.452.45
Total Average First Quarter
2.482.48
Total Average
Fee
1.073.30
Exchange Rate Margin (%)
0.810.81
Total Cost Percent (%)
2.452.45
Total Cost (KWD) Total Cost (USD)
1.604.91
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days
Bank account Cash Mobile wallet
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
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 (%)
0.25
Percentage difference between market reference rate 159.04 and exchange rate charged 158.640.25
Total cost (%)
0.920.92
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.384.60
Firm
Al Muzaini Exchange
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 (%)
0.63
Percentage difference between market reference rate 158.47 and exchange rate charged 157.480.63
Total cost (%)
1.291.29
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.946.47
Firm
Al Muzaini Exchange
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 (%)
0.63
Percentage difference between market reference rate 158.47 and exchange rate charged 157.480.63
Total cost (%)
1.291.29
Total cost (KWD)sort descendingTotal cost (USD)sort descending
1.946.47
Firm
Bahrain Exchange Company
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 (%)
0.69
Percentage difference between market reference rate 158.83 and exchange rate charged 157.730.69
Total cost (%)
1.361.36
Total cost (KWD)sort descendingTotal cost (USD)sort descending
2.046.80
Firm
Bahrain Exchange Company
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 (%)
0.71
Percentage difference between market reference rate 158.60 and exchange rate charged 157.480.71
Total cost (%)
1.371.37
Total cost (KWD)sort descendingTotal cost (USD)sort descending
2.066.87
Firm
Lulu Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
1.003.33
Exchange rate margin (%)
0.73
Percentage difference between market reference rate 159.02 and exchange rate charged 157.850.73
Total cost (%)
1.401.40
Total cost (KWD)sort descendingTotal cost (USD)sort descending
2.107.00
Firm
Lulu Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
1.003.33
Exchange rate margin (%)
0.74
Percentage difference between market reference rate 159.02 and exchange rate charged 157.850.74
Total cost (%)
1.401.40
Total cost (KWD)sort descendingTotal cost (USD)sort descending
2.107.00
Firm
Al Mulla Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1.003.33
Exchange rate margin (%)
0.87
Percentage difference between market reference rate 162.05 and exchange rate charged 160.640.87
Total cost (%)
1.541.54
Total cost (KWD)sort descendingTotal cost (USD)sort descending
2.317.70
Firm
Aman Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Low
Fee
1.003.33
Exchange rate margin (%)
0.90
Percentage difference between market reference rate 159.00 and exchange rate charged 157.580.90
Total cost (%)
1.561.56
Total cost (KWD)sort descendingTotal cost (USD)sort descending
2.347.80
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 (%)
0.91
Percentage difference between market reference rate 161.79 and exchange rate charged 160.310.91
Total cost (%)
1.581.58
Total cost (KWD)sort descendingTotal cost (USD)sort descending
2.377.90
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
1.505.00
Exchange rate margin (%)
0.76
Percentage difference between market reference rate 159.74 and exchange rate charged 158.530.76
Total cost (%)
1.761.76
Total cost (KWD)sort descendingTotal cost (USD)sort descending
2.648.80
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
1.505.00
Exchange rate margin (%)
0.76
Percentage difference between market reference rate 159.74 and exchange rate charged 158.530.76
Total cost (%)
1.761.76
Total cost (KWD)sort descendingTotal cost (USD)sort descending
2.648.80
Firm
Bahrain Exchange Company
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 (%)
1.30
Percentage difference between market reference rate 158.83 and exchange rate charged 156.771.30
Total cost (%)
1.961.96
Total cost (KWD)sort descendingTotal cost (USD)sort descending
2.949.80
Firm
Bahrain Exchange Company
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 (%)
1.39
Percentage difference between market reference rate 161.79 and exchange rate charged 159.531.39
Total cost (%)
2.062.06
Total cost (KWD)sort descendingTotal cost (USD)sort descending
3.0910.30
Total Average Second Quarter
1.521.52
Total Average First Quarter
1.521.52
Total Average
Fee
1.073.57
Exchange Rate Margin (%)
0.810.81
Total Cost Percent (%)
1.521.52
Total Cost (KWD) Total Cost (USD)
2.287.59
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Same day Next day 2 days
Bank account Cash Mobile wallet
Least Costly Corridors To Philippines
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