Remittance Prices Worldwide

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Sending money from KUWAIT to PHILIPPINES

Data collected on: Oct 28, 2019
KWD | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
1.003.08
0.15
Percentage difference between market reference rate 168.29 and exchange rate charged 168.04
0.15
1.691.69
1.103.38
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Receiving method
Low
0.852.62
0.76
Percentage difference between market reference rate 168.29 and exchange rate charged 167.01
0.76
2.072.07
1.354.15
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
1.003.08
0.55
Percentage difference between market reference rate 168.29 and exchange rate charged 167.36
0.55
2.092.09
1.364.18
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.003.08
0.68
Percentage difference between market reference rate 168.29 and exchange rate charged 167.16
0.68
2.212.21
1.444.43
UAE Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.003.08
0.72
Percentage difference between market reference rate 168.29 and exchange rate charged 167.08
0.72
2.262.26
1.474.52
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.003.08
0.77
Percentage difference between market reference rate 168.29 and exchange rate charged 167.00
0.77
2.312.31
1.504.62
PNB (Philippines National Bank)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Low
1.003.08
1.35
Percentage difference between market reference rate 168.29 and exchange rate charged 166.02
1.35
2.892.89
1.885.78
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Medium
1.003.08
1.81
Percentage difference between market reference rate 168.29 and exchange rate charged 165.25
1.81
3.353.35
2.186.71
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.006.15
0.77
Percentage difference between market reference rate 168.29 and exchange rate charged 167.00
0.77
3.853.85
2.507.69
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.504.62
1.74
Percentage difference between market reference rate 168.29 and exchange rate charged 165.37
1.74
4.054.05
2.638.09
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.504.62
1.76
Percentage difference between market reference rate 168.29 and exchange rate charged 165.33
1.76
4.074.07
2.658.15
Total Average Fourth Quarter 2019
2.802.80
Total Average Third Quarter 2019
2.442.44
Total Average
Fee
1.173.59
Exchange Rate Margin (%)
1.011.01
Total Cost Percent (%)
2.802.80
Total Cost (KWD) Total Cost (USD)
1.825.61
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day
Bank account Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
Al Mulla Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
1.003.33
0.15
Percentage difference between market reference rate 168.29 and exchange rate charged 168.04
0.15
0.820.82
1.234.10
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
High
1.003.33
0.55
Percentage difference between market reference rate 168.29 and exchange rate charged 167.36
0.55
1.221.22
1.836.10
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Receiving method
Low
0.852.83
0.76
Percentage difference between market reference rate 168.29 and exchange rate charged 167.01
0.76
1.331.33
2.006.67
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.003.33
0.68
Percentage difference between market reference rate 168.29 and exchange rate charged 167.16
0.68
1.341.34
2.016.70
UAE Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.003.33
0.72
Percentage difference between market reference rate 168.29 and exchange rate charged 167.08
0.72
1.391.39
2.096.97
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.003.33
0.77
Percentage difference between market reference rate 168.29 and exchange rate charged 167.00
0.77
1.441.44
2.167.20
PNB (Philippines National Bank)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Low
1.003.33
1.35
Percentage difference between market reference rate 168.29 and exchange rate charged 166.02
1.35
2.022.02
3.0310.10
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.006.67
0.77
Percentage difference between market reference rate 168.29 and exchange rate charged 167.00
0.77
2.102.10
3.1510.50
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Medium
1.003.33
1.81
Percentage difference between market reference rate 168.29 and exchange rate charged 165.25
1.81
2.482.48
3.7212.40
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
1.505.00
1.74
Percentage difference between market reference rate 168.29 and exchange rate charged 165.37
1.74
2.742.74
4.1113.70
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.505.00
1.76
Percentage difference between market reference rate 168.29 and exchange rate charged 165.33
1.76
2.762.76
4.1413.80
Total Average Fourth Quarter 2019
1.791.79
Total Average Third Quarter 2019
1.421.42
Total Average
Fee
1.173.89
Exchange Rate Margin (%)
1.011.01
Total Cost Percent (%)
1.791.79
Total Cost (KWD) Total Cost (USD)
2.688.93
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day
Bank account Cash Mobile wallet