How to send money to Kuwait
Find out how to transfer money to Kuwait at the most competitive cost in 4 easy steps
1. Check the KWD rate against the currency you want to send
Although the evolution of the exchange rate is uncertain, it never hurts to keep an eye on it so that you can maximize how many the recipient of your transfer will receive. We advise our users to take advantage exchange rate email alerts to track the KWD mid-market rate against your currency.
2. Compare 19 money transfer providers available to send money to Kuwait in order to select the best one.
There are 19 companies able to send money to Kuwait, such as TransferWise, Western Union, MoneyGram, Currencies Direct, OFX. Picking the most competitive company from the available options is the best way to save on costs.
3. Choose the best option for your specific needs
Based on which criteria will make your choice? Exchange rate and fees, speed of transfer, user ratings? Examine the pros and cons before making your decision.
In addition, you may want to take into account the payment solution and pay-out options. You often have the possibility to transfer the money by bank transfer or by cards (credit or debit). To receive the money in Kuwait, select the right option, whether you need the money to be deposited on a local bank account or received in cash (from an agent location).
4. Sign up and start your transaction to Kuwait with the company you selected
Now is the time to register on the money transfer provider's website (you most of the time have to provide some information to prove your identity), and provide the details of your transfer to Kuwait.