How to send money to Kuwait
Find out how to send money to Kuwait with the best providers in four easy steps
1. Check the KWD mid-market exchange rate against the currency you want to send
Although the evolution of the exchange rate is unpredictable, it never hurts to follow it to optimize how many your will get against your own currency. Monitor the evolution of the Kuwaiti dinar mid-market and send the money at a favorable moment.
2. Compare 19 money transfer providers sending money to Kuwait and find the best one.
There are 19 services to send money to Kuwait, such as TransferWise, Western Union, MoneyGram, Currencies Direct, OFX. You can save a lot of money by comparing them all and find the most competitive one for your upcoming money transfer.
3. Choose the best money transfer company for your needs
Based on which criteria will make your choice? Price, speed, number of positive evaluations? Balance the different criteria before making your decision.
In addition, it is important to have a look at the pay-in and pay-out methods. You can often find money transfer companies allowing you to send the money from your bank account, others will also give you the option to pay by debit and credit cards. On the other side of the transfer, select the right option, whether you need the amount in KWD to be transferred to your recipient's account or received in cash (from an agent location).
4. Sign up and get started wih your money transfer to Kuwait with the money transfer provider you selected
Visit the money transfer provider's website to go through the sign-up process (you most of the time have to upload some documents to prove your identity), and configure your transaction.