How to send money to Kuwait
Discover how to transfer money to Kuwait with the best providers with these 4 steps
1. Check if the KWD mid-market rate is at your advantage
Although the evolution of the currency market is fluctuating, it can help you save money to monitor it to maximize how many you will receive against your sending currency. Frequently check the evolution of the Kuwaiti dinar mid-market and convert your money at a favorable moment.
2. Go with the optimal option by comparing all the available money transfer providers.
Monito's comparison engine lists many companies to transfer money to Kuwait, such as TransferWise, Western Union, MoneyGram, Currencies Direct, OFX. Going with the best money transfer provider from the more than 21 available options is the best way to save on fees and exchange rate.
3. Pick the best provider for your personal needs
Are you looking for the money transfer service with the lowest total cost, the fastest solution, highest reviews, or a combination of these factors.
Another important aspect is to have a look at the pay-in and pay-out options. You can find money transfer services offering to you the option to pay by bank transfer, some will also allow you to pay with your debit and credit cards. To receive the money in Kuwait, choose if you need the money to be sent directly to the recipient's bank account or available for pick-up in cash at an agent location.
4. Sign up and start your money transfer with the provider of your choice
Go to the money transfer provider's website to sign up (you most of the time have to give documents to confirm your identity), and get started with your transfer to Kuwait.