Send-money-to-Bahrain

How to send money to Bahrain

Safe, secure and cost-effective transfer options when you need to send money to Bahrain.

Bahrain is a country in the Middle East with more than 30 islands in the Persian Gulf. This kingdom was one of the first states in the Gulf to discover oil but does not have the level of production that Saudi Arabia has. Since they cannot solely rely on the income produced by oil refineries, they’ve looked at other sources of income to grow their economy.

Compare money transfer companies below

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
NZD 0 1 day NZD 0.00 0.25 BHD
2,504
Send money in more than 60 currencies. Fee-free international money transfers with a global brand. Go to site Show details
AUD 250 1 - 2 days NZD 15.00 0.25 BHD
2,497
A higher exchange rate applies to non-finder customers. Send money in 45 currencies. No fee if you transfer over AUD$10,000. Go to site Show details
NZD 200 1 day NZD 0.00 0.25 BHD
2,502
TorFX guarantee to beat any competitor's exchange rate for a transactionConditions apply Go to site Show details
NZD 2,000 2 days NZD 0.00 0.25 BHD
2,503
Exclusive offer: $0 transfer fee and discounted exchange rates for your first trade only.
A higher exchange rate applies to non-finder customers. Send money in more than 130 currencies.
Go to site Show details
NZD 10,000 1 - 2 days NZD 0.00 0.247 BHD
2,471
Go to site Show details

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The “Rate” and “Amount Received” displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

How do I compare transfer companies when sending and receiving money between New Zealand and Bahrain?

  • Exchange rates. Different organisations will have different rates depending on the cost associated with that specific currency for them. All of these organisations have currency converters on their websites that will convert the New Zealand dollars to the Bahraini dinars.
  • Pick-up methods. If there is the option to transfer to the same bank, always make use of that option as it tends to save time and money and any dispute can be solved much quicker and easier. Cash pickup locations are listed below.
  • Minimum transfer amounts. Organisations have a minimum amount that they are willing to transfer as any less will not make it worthwhile for them and the amount should be enough to cover all of the associated costs.
  • Transfer fees. The transfer fees between the different organisations differ significantly and will, therefore, have to be measured against the exchange rate offered. It is important to take into account that this fee is not the full fee charged as the Bahraini organisation/bank to which the money is transferred will also charge a transaction fee.
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How do you send and receive money between New Zealand and Bahrain?

  • MoneyGram. This is one of the most convenient methods to send money to Bahrain. You can go to your nearest 7-Eleven and transfer money. The receiver in Bahrain can withdraw it at their nearest Bahrain Financing Company branch. Should you be in an emergency and need same-day receipt of money, there is an emergency service. This is subject to operating hours, availability and local laws and regulations.
  • Western Union. Western Union gives you the option to send money to the receiver’s bank account or mobile phone in Bahrain, should their country permit this option. When using the bank account option your sender will have to expressly request this option and will have to provide your BSB account number. Cash pickups are also possible. The emergency money transfer option is known as money in minutes and gets sent to the receiver’s mobile phone.
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How to handle emergency cash transfers in Bahrain

ANZ customers who are subscribed to the Platinum Emergency service option can receive emergency help when abroad. Moneygram, Western Union and Xpress Money offer cash pickup services with same-day delivery (most times within minutes) which is a good option for emergencies.

Cash pickup locations in Bahrain for Moneygram and Western Union

Visit the following Moneygram and Western Union branches in Manama and Al Muharraq in Bahrain to receive your cash. Make sure that you have your government issued ID with you.

Western Union

Manama

  • Bank of Bahrain and Kuwait
    43 Government Avenue
    P.o. Box 597
    Manama, 305
    +973-17-207492
    Office hours:
    Monday – Thursday, 7:30am – 2:30pm
  • BBK Manama Branch
    Bldg 177 Government Road
    Manama 304
    +973-17-223989
    Office hours: Monday – Thursday 7:30am – 2:30pm
    Friday Closed
    Saturday – Sunday 7:30am – 2:30pm

Al Muharraq

  • Bahrain India International
    Exchange company
    Sh.abdulla Road, opp. public Bus
    Muharraq, BHR
    +973-17-216036
    Office hours:
    Monday – Sunday 8:00am – 8:00pm
  • Gulf Air Branch
    Gulf Air
    Muharraq Muharraq
    +973-17-320933
    Office hours:
    Monday – Thursday 8:50am – 3:15pm
    Friday – Saturday Closed
    Sunday 8:50pm – 3:15pm

MoneyGram

Manama

  • Bahrain Financing Company
    Shop 0; Building 150; Road 1507; Block 315
    AL MANAMAH,
    17228888
    Office hours:
    Monday – Sunday 8:00am – 9:00pm
  • Bank of Bahrain and Kuwait
    Osama bin Zaid Avenue
    Manama
    + 973 1720 7777
    Office hours:
    Monday – Thursday 8:00am – 5:00pm
    Sunday 8:00am – 5:00pm
    Friday – Saturday Closed

Al Muharraq

  • Bahrain Financing Company
    Building 1709
    Road 1129
    Block 211
    Muharraq
    Monday – Sunday 8:00am – 9:00pm
  • Bank of Bahrain and Kuwait
    Avenue 1
    Muharraq
    Office hours:
    Monday – Thursday 8:00am – 5:00pm
    Sunday 8: 00am – 5:00pm
    Friday – Saturday: Closed
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Great tips for picking up cash in Bahrain

Bahrain is often in civil distress with the threat of terrorist attacks constantly looming. There are regular protests and demonstrations. Despite this, when it comes to the issue of carrying cash with you, the country is reasonably safe and has a low crime rate. Traveller’s cheques are always a safe option, but not accepted everywhere. When you carry cash, follow these simple rules:

  1. Don’t flash your cash.
  2. Don’t wear any type of bag around your waist that will identify you as a tourist.
  3. Try and dress like the locals. In Bahrain, where custom and tradition are taken very seriously, this might just be a general tip as well.
  4. Never put your cash in your back pockets; put it in pockets with zippers that are close to your body and that you can see.
  5. Keep your small notes and large notes in different pockets. You will usually only make use of smaller notes which means pickpockets don’t know where all of your cash is stashed when you take cash out to pay for something.
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What are the steps to send money to Bahrain?

If you decide to make use of a bank account method to receive transferred cash you will require a bank account to receive money in Bahrain. To open a bank account in Bahrain you will go through the following:

  • Residence visa
  • Letter of ‘no objection’ from your employer (this needs to stipulate your salary to show that an amount will regularly be deposited into your bank account)
  • Tenancy agreement (not always required)
  • Photocopy of your passport
  • Identity photographs

If you will receive money due to a company position, it is advisable to open an account at the same bank as your employer. This can offer favourable terms which might lead to quicker access to your salary.

For cash pickups and to send money via services like Moneygram, Western Union and Xpress Money, senders need to:

  • Register with the service provider
  • Have the money available in the right currency
  • Valid government issued identification
  • Accessible location details of the recipient
  • Details of the recipient

Recipients will need to:

  • Provide the tracking number (supplied by the sender)
  • Have valid government issued identification
  • Have a copy of the original transaction or receipt as a safety measure
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