Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From BHBahrain you can also send money to
Transfer money

Sending money from BAHRAIN to BANGLADESH

Data collected on: Nov 28, 2023-Nov 30, 2023
BHD | 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 (BHD)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
Bahrain Financing Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.002.67
Exchange rate margin (%)
0.30
Percentage difference between market reference rate 326.26 and exchange rate charged 325.300.30
Total cost (%)
1.631.63
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.223.25
Firm
NEC Remit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.102.93
Exchange rate margin (%)
0.34
Percentage difference between market reference rate 326.26 and exchange rate charged 325.160.34
Total cost (%)
1.811.81
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.363.63
Firm
National Finance and Exchange Co
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.102.93
Exchange rate margin (%)
0.37
Percentage difference between market reference rate 326.26 and exchange rate charged 325.060.37
Total cost (%)
1.841.84
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.383.68
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
1.102.93
Exchange rate margin (%)
3.65
Percentage difference between market reference rate 326.26 and exchange rate charged 314.373.65
Total cost (%)
5.125.12
Total cost (BHD)sort descendingTotal cost (USD)sort descending
3.8410.24
Firm
Zenj Exchange Co
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.102.93
Exchange rate margin (%)
5.11
Percentage difference between market reference rate 326.26 and exchange rate charged 309.605.11
Total cost (%)
6.586.58
Total cost (BHD)sort descendingTotal cost (USD)sort descending
4.9413.17
Firm
Bahrain Financing Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.102.93
Exchange rate margin (%)
6.74
Percentage difference between market reference rate 326.26 and exchange rate charged 304.296.74
Total cost (%)
8.218.21
Total cost (BHD)sort descendingTotal cost (USD)sort descending
6.1616.43
Firm
Bahrain Financing 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
1.002.67
Exchange rate margin (%)
6.94
Percentage difference between market reference rate 326.26 and exchange rate charged 303.626.94
Total cost (%)
8.278.27
Total cost (BHD)sort descendingTotal cost (USD)sort descending
6.2016.53
Firm
Ezremit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
1.002.67
Exchange rate margin (%)
6.94
Percentage difference between market reference rate 326.26 and exchange rate charged 303.626.94
Total cost (%)
8.278.27
Total cost (BHD)sort descendingTotal cost (USD)sort descending
6.2016.53
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
1.102.93
Exchange rate margin (%)
7.48
Percentage difference between market reference rate 326.26 and exchange rate charged 301.877.48
Total cost (%)
8.958.95
Total cost (BHD)sort descendingTotal cost (USD)sort descending
6.7117.89
Firm
Zenj Exchange Co
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
1.102.93
Exchange rate margin (%)
7.57
Percentage difference between market reference rate 326.26 and exchange rate charged 301.557.57
Total cost (%)
9.049.04
Total cost (BHD)sort descendingTotal cost (USD)sort descending
6.7818.08
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
1.002.67
Exchange rate margin (%)
7.85
Percentage difference between market reference rate 326.26 and exchange rate charged 300.657.85
Total cost (%)
9.189.18
Total cost (BHD)sort descendingTotal cost (USD)sort descending
6.8918.37
Firm
Lulu Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
1.102.93
Exchange rate margin (%)
10.68
Percentage difference between market reference rate 326.26 and exchange rate charged 291.4110.68
Total cost (%)
12.1512.15
Total cost (BHD)sort descendingTotal cost (USD)sort descending
9.1124.29
Firm
Lulu Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
1.102.93
Exchange rate margin (%)
10.68
Percentage difference between market reference rate 326.26 and exchange rate charged 291.4110.68
Total cost (%)
12.1512.15
Total cost (BHD)sort descendingTotal cost (USD)sort descending
9.1124.29
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.002.67
Exchange rate margin (%)
10.85
Percentage difference between market reference rate 326.26 and exchange rate charged 290.8710.85
Total cost (%)
12.1812.18
Total cost (BHD)sort descendingTotal cost (USD)sort descending
9.1424.37
Total Average Fourth Quarter 2023
7.537.53
Total Average Third Quarter 2023
8.038.03
Total Average
Fee
1.062.84
Exchange Rate Margin (%)
6.116.11
Total Cost Percent (%)
7.537.53
Total Cost (BHD) Total Cost (USD)
5.6515.06
Non-Transparent records
Debit card Mobile money Cash
Same day 2 days
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 (BHD)sort descendingTotal cost (USD)sort descending
Firm
Bahrain Financing Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.002.63
Exchange rate margin (%)
0.30
Percentage difference between market reference rate 326.26 and exchange rate charged 325.300.30
Total cost (%)
0.830.83
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.584.16
Firm
NEC Remit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.102.89
Exchange rate margin (%)
0.34
Percentage difference between market reference rate 326.26 and exchange rate charged 325.160.34
Total cost (%)
0.920.92
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.754.61
Firm
National Finance and Exchange Co
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.102.89
Exchange rate margin (%)
0.37
Percentage difference between market reference rate 326.26 and exchange rate charged 325.060.37
Total cost (%)
0.950.95
Total cost (BHD)sort descendingTotal cost (USD)sort descending
1.814.76
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
1.102.89
Exchange rate margin (%)
3.65
Percentage difference between market reference rate 326.26 and exchange rate charged 314.373.65
Total cost (%)
4.234.23
Total cost (BHD)sort descendingTotal cost (USD)sort descending
8.0421.16
Firm
Zenj Exchange Co
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.102.89
Exchange rate margin (%)
5.11
Percentage difference between market reference rate 326.26 and exchange rate charged 309.605.11
Total cost (%)
5.695.69
Total cost (BHD)sort descendingTotal cost (USD)sort descending
10.8128.45
Firm
Bahrain Financing Company
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.102.89
Exchange rate margin (%)
6.74
Percentage difference between market reference rate 326.26 and exchange rate charged 304.296.74
Total cost (%)
7.327.32
Total cost (BHD)sort descendingTotal cost (USD)sort descending
13.9136.61
Firm
Bahrain Financing 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
1.002.63
Exchange rate margin (%)
6.94
Percentage difference between market reference rate 326.26 and exchange rate charged 303.626.94
Total cost (%)
7.477.47
Total cost (BHD)sort descendingTotal cost (USD)sort descending
14.1937.34
Firm
Ezremit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
1.002.63
Exchange rate margin (%)
6.94
Percentage difference between market reference rate 326.26 and exchange rate charged 303.626.94
Total cost (%)
7.477.47
Total cost (BHD)sort descendingTotal cost (USD)sort descending
14.1937.34
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
1.102.89
Exchange rate margin (%)
7.48
Percentage difference between market reference rate 326.26 and exchange rate charged 301.877.48
Total cost (%)
8.068.06
Total cost (BHD)sort descendingTotal cost (USD)sort descending
15.3140.29
Firm
Zenj Exchange Co
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
1.102.89
Exchange rate margin (%)
7.57
Percentage difference between market reference rate 326.26 and exchange rate charged 301.557.57
Total cost (%)
8.158.15
Total cost (BHD)sort descendingTotal cost (USD)sort descending
15.4940.76
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
1.002.63
Exchange rate margin (%)
7.85
Percentage difference between market reference rate 326.26 and exchange rate charged 300.657.85
Total cost (%)
8.388.38
Total cost (BHD)sort descendingTotal cost (USD)sort descending
15.9241.89
Firm
Lulu Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
1.102.89
Exchange rate margin (%)
10.68
Percentage difference between market reference rate 326.26 and exchange rate charged 291.4110.68
Total cost (%)
11.2611.26
Total cost (BHD)sort descendingTotal cost (USD)sort descending
21.3956.29
Firm
Lulu Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
1.102.89
Exchange rate margin (%)
10.68
Percentage difference between market reference rate 326.26 and exchange rate charged 291.4110.68
Total cost (%)
11.2611.26
Total cost (BHD)sort descendingTotal cost (USD)sort descending
21.3956.29
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1.002.63
Exchange rate margin (%)
10.85
Percentage difference between market reference rate 326.26 and exchange rate charged 290.8710.85
Total cost (%)
11.3811.38
Total cost (BHD)sort descendingTotal cost (USD)sort descending
21.6256.89
Total Average Fourth Quarter 2023
6.676.67
Total Average Third Quarter 2023
7.187.18
Total Average
Fee
1.062.80
Exchange Rate Margin (%)
6.116.11
Total Cost Percent (%)
6.676.67
Total Cost (BHD) Total Cost (USD)
12.6733.35
Non-Transparent records
Debit card Mobile money Cash
Same day 2 days
Bank account Cash
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