Cost to send money from Kuwait to Bangladesh

By Polynopsis team · Last updated 29 October 2026

Sending KWD 65 from Kuwait to Bangladesh cost 6.63% of the amount on average in Q3 2025, across 28 services surveyed by the World Bank. The lowest cost was 5.96% (Al Mulla Exchange) and the highest 8.83%. KWD 65 is the World Bank's standard amount for this corridor, set as the equivalent of US$200. A year earlier, in Q3 2024, the average was 5.56%.

Average total cost (US$200 equivalent)	6.63%
Average total cost (US$500 equivalent)	5.62%
Average FX margin	4.84%
Money transfer operators	6.63% across 28 services
Surveyed	10 Jul 2025 to 26 Aug 2025, 7 providers

Every service surveyed, cheapest first

Total cost is the fee plus the FX margin, as a share of KWD 65.

Provider	Type	Pay by	Receive as	Speed	Fee	FX margin	Total cost
Al Mulla Exchange	Money Transfer Operator	Bank account transfer	Bank account	2 days	KWD 1.25	4.04%	5.96%
Lulu Money	Money Transfer Operator	Debit card	Cash	2 days	KWD 0.90	4.61%	5.99%
Lulu Money	Money Transfer Operator	Cash	Cash	2 days	KWD 0.90	4.61%	5.99%
Lulu Money	Money Transfer Operator	Debit card	Cash	Same day	KWD 0.90	4.61%	5.99%
Lulu Money	Money Transfer Operator	Cash	Bank account	2 days	KWD 0.90	4.61%	5.99%
Lulu Money	Money Transfer Operator	Debit card	Bank account	Same day	KWD 0.90	4.61%	5.99%
Aman Exchange	Money Transfer Operator	Bank account transfer	Cash	2 days	KWD 1.25	4.28%	6.20%
Aman Exchange	Money Transfer Operator	Cash	Cash	2 days	KWD 1.25	4.28%	6.20%
Aman Exchange	Money Transfer Operator	Bank account transfer	Bank account	2 days	KWD 1.25	4.28%	6.20%
Aman Exchange	Money Transfer Operator	Cash	Bank account	2 days	KWD 1.25	4.28%	6.20%
Al Muzaini Exchange	Money Transfer Operator	Cash	Bank account	2 days	KWD 1.25	4.61%	6.53%
Al Muzaini Exchange	Money Transfer Operator	Cash	Cash	2 days	KWD 1.25	4.61%	6.53%
Al Mulla Exchange	Money Transfer Operator	Bank account transfer	Bank account	2 days	KWD 1.25	4.61%	6.53%
Al Mulla Exchange	Money Transfer Operator	Bank account transfer	Cash	2 days	KWD 1.25	4.61%	6.53%
Al Mulla Exchange	Money Transfer Operator	Bank account transfer	Cash	2 days	KWD 1.25	4.61%	6.53%
Al Mulla Exchange	Money Transfer Operator	Cash	Cash	2 days	KWD 1.25	4.61%	6.53%
Al Mulla Exchange	Money Transfer Operator	Cash	Bank account	2 days	KWD 1.25	4.61%	6.53%
Bahrain Exchange Company	Money Transfer Operator	Debit card	Cash	2 days	KWD 1.25	4.61%	6.53%
Bahrain Exchange Company	Money Transfer Operator	Bank account transfer	Cash	2 days	KWD 1.25	4.61%	6.53%
Bahrain Exchange Company	Money Transfer Operator	Cash	Bank account	2 days	KWD 1.25	4.61%	6.53%
Western Union	Money Transfer Operator	Cash	Cash	Less than one hour	KWD 1.25	4.95%	6.87%
Western Union	Money Transfer Operator	Debit card	Cash	Less than one hour	KWD 1.25	4.95%	6.87%
Lulu Money	Money Transfer Operator	Debit card	Bank account	2 days	KWD 0.90	5.62%	7.00%
MoneyGram	Money Transfer Operator	Cash	Cash	Same day	KWD 1.25	5.33%	7.25%
Bahrain Exchange Company	Money Transfer Operator	Debit card	Cash	2 days	KWD 1.25	5.33%	7.25%
Bahrain Exchange Company	Money Transfer Operator	Bank account transfer	Cash	2 days	KWD 1.25	5.33%	7.25%
Aman Exchange	Money Transfer Operator	Bank account transfer	Bank account	3-5 days	KWD 1.00	6.85%	8.39%
Aman Exchange	Money Transfer Operator	Bank account transfer	Cash	2 days	KWD 1.25	6.91%	8.83%

How the cost has moved

The average was 1.96% in Q2 2016, the first quarter in this series with data for the corridor, and 6.63% in Q3 2025.

Average total cost of sending the US$200 equivalent, by quarter surveyed. Gaps are quarters with no data in the World Bank dataset.

The UN target

The UN Sustainable Development Goals aim to bring the global average cost of sending remittances below 3% by 2030 and to remove corridors costing more than 5%. The World Bank measures the 5% test on the average of the three cheapest qualifying services in each corridor, not on the corridor average. source In this corridor the three cheapest services surveyed averaged 5.98% (a plain average, without the World Bank's qualifying rules).

Frequently asked questions

How much does it cost to send money from Kuwait to Bangladesh?

Which service cost least from Kuwait to Bangladesh?

In the World Bank's Q3 2025 survey the lowest total cost was 5.96% of KWD 65, from Al Mulla Exchange. Costs change with exchange rates, so check current prices with each provider.

Where Polynopsis fits

The companies surveyed here move money across borders every day, and many of them prefund payout partners in the receiving country. Polynopsis is liquidity software for those companies: one live position across their banks, payout partners and wallets, with a warning before a corridor runs dry.

Data: World Bank, Remittance Prices Worldwide (complete dataset, licensed CC BY 4.0). Averages and charts are worked out by Polynopsis from that dataset. Services without a US$200 quote are left out of the averages, so a few corridors differ slightly from the World Bank site. Each corridor uses the local send amount the World Bank set as the equivalent of US$200; where that amount is now worth much less than US$200, fixed fees make the percentage cost higher.

Know where all your money is.

Polynopsis gives cross-border payment teams one live position across every bank, payout partner, exchange and wallet, including money in flight, and warns before a corridor runs dry.

Book a demo →Learn more →

About Polynopsis

Polynopsis is liquidity management software for cross-border payment companies. The name joins poly, many, and synopsis, a seeing together: one live view of money spread across many banks, payout partners, exchanges and stablecoin wallets, including money in flight, with a warning before any corridor runs dry.

Why it is called Polynopsis · About Polynopsis · Glossary · Corridor runway calculator