Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From KWKuwait you can also send money to

Sending money from KUWAIT to PHILIPPINES

Data collected on: Mar 26, 2021
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
Internet
Sending network coverage
High
Receiving method
Agent
High
1.003.08
0.33
Percentage difference between market reference rate 160.69 and exchange rate charged 160.17
0.33
1.861.86
1.213.72
PNB (Philippines National Bank)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Agent
Low
1.003.08
0.44
Percentage difference between market reference rate 160.69 and exchange rate charged 159.98
0.44
1.981.98
1.293.97
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
1.003.08
0.51
Percentage difference between market reference rate 160.69 and exchange rate charged 159.87
0.51
2.052.05
1.334.09
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.08
0.67
Percentage difference between market reference rate 160.69 and exchange rate charged 159.62
0.67
2.202.20
1.434.40
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
Medium
1.003.08
0.83
Percentage difference between market reference rate 160.69 and exchange rate charged 159.36
0.83
2.372.37
1.544.74
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.504.62
0.39
Percentage difference between market reference rate 160.69 and exchange rate charged 160.06
0.39
2.702.70
1.765.42
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Receiving method
Agent
Low
0.852.62
1.41
Percentage difference between market reference rate 160.69 and exchange rate charged 158.42
1.41
2.722.72
1.775.45
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
2.15
Percentage difference between market reference rate 160.69 and exchange rate charged 157.23
2.15
2.922.92
1.905.85
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.006.15
0.41
Percentage difference between market reference rate 160.69 and exchange rate charged 160.02
0.41
3.493.49
2.276.98
Total Average First Quarter
2.482.48
Total Average Fourth Quarter 2020
2.612.61
Total Average
Fee
1.093.37
Exchange Rate Margin (%)
0.790.79
Total Cost Percent (%)
2.482.48
Total Cost (KWD) Total Cost (USD)
1.614.96
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
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
1.003.33
0.33
Percentage difference between market reference rate 160.69 and exchange rate charged 160.17
0.33
0.990.99
1.494.97
PNB (Philippines National Bank)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Agent
Low
1.003.33
0.44
Percentage difference between market reference rate 160.69 and exchange rate charged 159.98
0.44
1.111.11
1.675.57
Bahrain Exchange Company
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
High
1.003.33
0.51
Percentage difference between market reference rate 160.69 and exchange rate charged 159.87
0.51
1.181.18
1.775.90
Al Muzaini Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.003.33
0.67
Percentage difference between market reference rate 160.69 and exchange rate charged 159.62
0.67
1.331.33
2.006.67
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1.505.00
0.39
Percentage difference between market reference rate 160.69 and exchange rate charged 160.06
0.39
1.391.39
2.096.97
Lulu Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Receiving method
Agent
Medium
1.003.33
0.83
Percentage difference between market reference rate 160.69 and exchange rate charged 159.36
0.83
1.491.49
2.247.47
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2.006.67
0.41
Percentage difference between market reference rate 160.69 and exchange rate charged 160.02
0.41
1.751.75
2.638.77
Aman Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Internet
Sending network coverage
Medium
Receiving method
Agent
Low
0.852.83
1.41
Percentage difference between market reference rate 160.69 and exchange rate charged 158.42
1.41
1.981.98
2.979.90
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
2.15
Percentage difference between market reference rate 160.69 and exchange rate charged 157.23
2.15
2.482.48
3.7212.40
Total Average First Quarter
1.521.52
Total Average Fourth Quarter 2020
1.651.65
Total Average
Fee
1.093.65
Exchange Rate Margin (%)
0.790.79
Total Cost Percent (%)
1.521.52
Total Cost (KWD) Total Cost (USD)
2.297.62
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day
Bank account Cash Mobile wallet