Send money to Kuwait

Save time and money when transferring money to Kuwait from the UK.

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Save money when you want to send money to Kuwait by comparing several money transfer specialists able to handle your transaction. Take into consideration the exchange rates, transfer fees and features each company offers to help narrow down the best deal for your transfer.

Compare services that send money to Kuwait from the UK

Table: sorted by a combination of service offering and the amount your recipient will receive
Use the table below and enter the amount you want to send. The table will show you providers best suited to your money transfer needs. Our tables compare speed, exchange rates, fees and more.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
GBP 1 Same day GBP 0.00 0.396 KWD
396
Whatever amount you transfer, XE will not charge you a fee for using their service. Go to site Show details
GBP 50 Same day GBP 2.99 0.394 KWD
393
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
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GBP 10 Within an hour GBP 2.00 0.396 KWD
395
First two transfers free for new customers.
Instant or 1 hour transfers to over 50 countries, send money directly to bank accounts or over 280,000 cash pickup points.
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Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

What’s the best way to send money to Kuwait?

Online money transfer providers typically offer the strongest exchange rates and lowest fees on money transfers to Kuwait. Some offer cash pickup in as little as a few minutes, while others seamlessly transfer to bank accounts. Sending money through PayPal or your bank is also an option, but you’ll typically face higher fees and weaker exchange rates when going that route.

Digital money transfer services

Companies like XE specialise in foreign currencies, making them some of the most cost-effective transfers. Most offer transfers directly to your recipient’s Kuwait bank account, often in as little as a day or two.

Cash transfers

Services like MoneyGram, WorldRemit and Western Union allow you to transfer cash for pickup at a local branch in Kuwait – often in 15 minutes. While it’s a fast way to send money, you’ll pay for the convenience in weak exchange rates and high fees.

Banks

Kuwaiti dinars are not a popular currency, but your local bank might be able to exchange them. If your bank does supports Kuwaiti dinars, beware of high fees and wide margins on the exchange rate compared to digital and other options when sending a wire transfer to Kuwait.

Let’s crunch the numbers: Sending £1,000 to Kuwait

Let’s say you need to send £1,000 to family in Kuwait. Here’s what you might face as far as fees and exchange rates as of June 9, 2020.

Digital money transfer serviceCash transferBank transfer
Fee£0£3.99£20 + additional correspondent bank fees
Exchange rate1 GBP = 0.394 KWD1 GBP = 0.374 WD1 GBP = 0.366 KWD
Transfer speed1-2 dayMinutes2-5 days
Amount receivedKWD 394KWD 374KWD 366
Verdict
  • Best value
  • Fastest
  • Slowest and most expensive

The bank option ends up being both the slowest and gets the smallest amount of money to your recipient in Kuwait. If you go with the digital money transfer service, your recipient ends up with KWD 28 more than the bank offers. If speed is crucial, or your recipient wants to pick up cash, a cash transfer can typically have your transfer to Kuwait in as little as 15 minutes. Confirm there is a cash pickup location near your recipient before sending.

How to send money to Kuwait online

Sign up and send money with a digital money transfer specialist in four steps:

  1. Sign up for a free account. Pick a provider and sign up for a free online account using your contact information, proof of ID and preferred payment method.
  2. Provide transfer details. Submit your recipient’s contact information and pick a delivery method. If transferring to a bank, you’ll need their Kuwait bank account details.
  3. Confirm transfer details. Double check your payment method, expected fees and destination.
  4. Save your receipt. Record your receipt’s confirmation number to track the progress of your transfer to Kuwait. Some money transfer providers send a text or email when your transfer is complete.

What are the ways that I can send money to Kuwait

  • Bank transfers. Many major UK banks will allow you to send money to Kuwait.
  • Money transfer providers. Providers like XE and CurrencyTransfer can help you quickly and easily transfer your money online.
  • Providers with cash pickup. Western Union, WorldRemit and MoneyGram allow you to send funds for cash pickup at agent locations.
  • PayPal. Electronic payment giant PayPal allows you to send money from the UK to Kuwait.
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How to get the most out of your money transfer to Kuwait

Weigh costs and fees against convenience to learn how to compare providers that send money to Kuwait to best meet your needs:

  • Exchange rates. The GBP-KWD relationship fluctuates often, so using a service that allows you to lock in exchange prices may help you save money down the line if the Kuwaiti dinar rises against the pound sterling.
  • Transfer fees. Transferring money overseas nearly always requires fees, but they might be hidden in the exchange rate. When sending large amounts, it may be cheaper to pay a flat fee to secure a stronger GBP-KWD exchange rate.
  • Transfer limits. How much you can send varies by company, and different amounts can attract higher or lower fees. Shop around for the best deal on the amount of Kuwaiti dinar you’re sending to Kuwait.
  • Turnaround. Transferring money through a local bank can take a business week or longer. If you need the funds delivered quickly, look for a digital specialist that offers instant transfers to Kuwait.
  • Sending limits. Comparing prices for one large transfer instead of many small transfers is typically easier, so picking the service you use based on how much you’re sending is a valid strategy for saving money.
  • Transfer methods. Whether you want money sent to a Kuwait bank account or picked up as cash at a local agent, narrow down a company that matches your preferred delivery method.

How to send an emergency cash transfer to Kuwait

When urgency trumps cost to get your money to Kuwait quickly, look for money transfer companies that support cash pickup in minutes. You can pay with a credit or debit card for fast pickup, but fees are higher than other methods.

How to send money to Kuwait without a bank account

If you don’t have a bank account, you can still use cash transfer services to send money to Kuwait. Similarly, a recipient can get the money with a cash transfer if they don’t have a bank account. These services are widely available around the world and although they’ll typically not be the cheapest available, they can be fast and convenient.

Kuwait’s exchange rates explained

The exchange rate determines how much one country’s currency is worth in another country’s currency. When a country’s currency is strong, it yields more money when exchanging it in a country with a weaker currency. Kuwait’s exchange rate is flexible compared to the pound sterling, but the GBP-KWD relationship typically doesn’t make sharp, drastic movements. Factors that influence the exchange rate include interest rates, economic stability and inflation.

Track how the Kuwaiti dinar trades against the pound sterling in our historical rate chart.

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Updated: 27 Oct 2020 04:34:59 UTC

Documents needed for sending to and receiving money in Kuwait

To send money to Kuwait from the UK, you’ll need government-issued ID and other documents, while documents needed to pick up money in Kuwait may be different by company.

Documents to send money from the UK

To send money to Kuwait from the UK, you’ll need documentation and details that include:

  • Identification. Most services require a driver’s licence, passport or other government-issued ID.
  • Payment method. Your service may accept credit or debit cards, cash, bank accounts or personal cheques.
  • Recipient information. Submit your recipient’s name as it appears on their ID, along with their phone number and Kuwait bank account information.

Documents to receive money in Kuwait

To pick up money in person, documentation can include:

  • Transfer number. The person sending you money can forward the transfer’s confirmation details – called a PIN, an MTCN, a reference number or a tracking number, depending on the company.
  • Government-issued ID. A Kuwait passport, Kuwait ID or similar official ID may be required to pick up your transfer.
  • Amount sent. You may need to know how much was sent, usually within 10% of the total.
  • Sender’s information. Take along your sender’s full name, the sending country and their address, if known.

Bottom line

It shouldn’t cost a fortune to send money to Kuwait. Compare money transfer companies that specialis in foreign transactions for the strongest rates, lowest fees and flexible delivery. For transfers to other countries, rely on our country specific guides the next time you need to make a transfer.

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2 Responses

  1. Default Gravatar
    KimApril 12, 2018

    Hi,
    I want to send some money to my friend in Kuwait. Shes had problems with her passport and identity documents taken off her. I want to help her and send her money but i dont know how she will be able to collect it with no ID whatsoever.

    • Avatarfinder Customer Care
      joelmarceloApril 12, 2018Staff

      Hi Kim,

      Thanks for leaving a question on finder.

      It would be impossible to do a cash pickup without identification anywhere in Kuwait. If your friend has an ATM or any form of bank card she can use to withdraw in an atm, you can instead do a bank transfer to her account.

      Cheers,
      Joel

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