Sending Money From India To Bahrain: A Quick Guide

There are several ways to send money from India to Bahrain. Some of the most popular methods include using online services such as Wise, OFX, or Western Union, or transferring funds through a bank. When choosing a money transmitter, it is important to compare both the transfer fees and exchange rates offered by different providers. Additionally, the payment method used can impact the speed and cost of the transfer. For example, paying with a debit card is typically faster and cheaper than using a credit card. It is also worth noting that there may be limits to the amount of money that can be transferred, and certain transactions may be subject to regulations and identification requirements.

Transfer money from India to Bahrain with Western Union

Western Union offers a trusted money transfer service that enables you to send money to over 200 countries and territories worldwide, including from India to Bahrain.

To transfer money from India to Bahrain with Western Union, you can follow these steps:

• Sign up for a free Western Union account: Go to the Western Union website or download the Western Union app on your device. Create a profile by providing the required personal information, such as your name, email address, and payment details.
• Select Bahrain as the destination: Choose Bahrain as the country you want to send money to and enter the amount you wish to transfer.
• Choose a payment method: Select your preferred payment method, such as a debit card or credit card. Western Union also offers the option to pay in cash at one of their agent locations.
• Add recipient details: Provide the name, address, and account details of the recipient in Bahrain. You can save these details for future transfers.
• Review and confirm the transfer: Check the exchange rate, fees, and other details before finalising the transaction. Western Union provides transparent information about exchange rates and fees, which may vary depending on the payment and payout methods.
• Track your transfer: Once the transfer is initiated, you will receive a tracking number (MTCN) that allows you to track the status of your money transfer on the Western Union website or app.

Western Union offers convenient and secure money transfers from India to Bahrain. They prioritise data security and fraud prevention to protect your transactions. Additionally, Western Union provides competitive exchange rates and efficient transfer times, with 80% of customers completing online transfers in less than 6 minutes.

Send money from India to Bahrain with Wise

Wise, formerly TransferWise, is a money transfer service that works in almost every country, including India and Bahrain.

To send money from India to Bahrain with Wise, you can follow these steps:

• Sign up for a free Wise account online or through their app. You will need an email address, or a Google or Facebook account.
• Choose the amount you want to send. Wise will show you their fees upfront and tell you when the money should arrive.
• Add the recipient's bank details.
• Verify your identity. For some currencies or larger transfers, Wise may require a photo of your ID to protect your money.
• Pay for your transfer. Wise accepts payments via bank transfer, debit card, or credit card.
• Track your transfer in your account. Wise will notify your recipient that the money is on its way.

Wise is a safe and secure way to send money, with 2-factor authentication and a dedicated anti-fraud team working to protect your account and money. They also offer low, transparent fees with no hidden costs or exchange rate markups.

Send money from India to Bahrain with OFX

Sending money from India to Bahrain with OFX is a straightforward process. OFX provides a fast and secure way to transfer funds internationally with competitive exchange rates. Here's a step-by-step guide on how to send money from India to Bahrain using OFX:

Step 1: Sign Up and Create an Account

To get started, you will need to create a free online account with OFX. This involves providing some personal details, such as your contact information and nationality. You may also be required to submit photo identification and proof of address for verification purposes.

Step 2: Gather Recipient Information

Before initiating the transfer, ensure you have the relevant banking information of your recipient in Bahrain. This includes the name on the account and bank details.

Step 3: Log In and Enter Transfer Details

Once you have created your account and gathered the necessary information, log in to your OFX account. Here, you will enter the transfer details, including the amount you wish to send and your recipient's information.

Step 4: Send Money to OFX

After reviewing the details, you will send the money to OFX. They will then process the transfer to your recipient in Bahrain. You can track your transfer online, through their app, or via SMS notifications.

Step 5: Stay Informed with Currency Tools

OFX provides various currency tools to help you make informed decisions about your transfer. You can monitor exchange rates and set up rate alerts to take advantage of favourable market conditions. Additionally, their daily currency updates and market insights can help you stay ahead of USD/BHD exchange rate swings.

Other Benefits of Using OFX:

• Bank-beating foreign currency exchange rates
• Transfers to over 170 countries in more than 50 currencies
• 24/7 customer support with dedicated service agents
• Easy-to-use platform for checking rates, making payments, and tracking transfers
• Regulated by financial authorities, including ASIC and AUSTRAC, for secure transactions

Send money from India to Bahrain with Xe

Xe offers a quick, easy, and secure way to send money from India to Bahrain. With over 30 years of experience, Xe provides transparent rates and a simple platform for international money transfers. Here's a step-by-step guide on how to send money from India to Bahrain using Xe:

• Sign up or log in: Start by signing in to your existing Xe account or creating a new account for free.
• Select currency and amount: Choose the currency you want to transfer (Indian Rupee) and the amount you wish to send.
• Add recipient's details: Provide the payment information of your recipient in Bahrain, including their bank account details.
• Choose your payment method: Select your preferred payment method, such as a debit card, credit card, direct debit (ACH), or bank transfer.
• Confirm and fund your transfer: Review the details and confirm your transfer. Fund your transfer using your chosen payment method, and Xe will take care of the rest.

Xe offers competitive exchange rates without any hidden fees. The delivery times and any additional fees will be communicated to you before you confirm the transfer. Depending on your payment method, sending money from India to Bahrain can be completed within minutes or up to 3 business days.

Xe is a trusted service, with over 120,000 people using it to send money each month. The Xe Currency app is available for iOS and Android, offering a convenient and secure way to initiate transfers on the go.

Send money from India to Bahrain with Federal Bank

Sending money from India to Bahrain with Federal Bank is a quick and straightforward process. Here's a step-by-step guide to help you through the process:

Step 1: Visit an Exchange House in Bahrain

To initiate the money transfer process, visit any reputed Exchange House in Bahrain that has a tie-up with Federal Bank. Federal Bank has partnerships with several well-known Exchange Houses in Bahrain, including:

• Arab Exchange Company
• Bahrain Financing Company
• Zenj Exchange Company
• World Exchange Centre
• Travelex Bahrain Company
• NEC B.S.C. Closed (NONO Exchange)
• Lulu International Exchange
• National Finance & Exchange

Step 2: Remit Money at the Exchange House

At the Exchange House, you will need to provide the necessary details of the beneficiary's account with Federal Bank in India. This includes the account number and other relevant information. Once you remit the money at the Exchange House, the transfer process will begin.

Step 3: Crediting the Beneficiary's Account

Federal Bank prides itself on offering the fastest means of money transfer for Non-Resident Indians (NRIs) in Bahrain. Thanks to their state-of-the-art technology, the remitted amount will be credited to the beneficiary's account with Federal Bank within a short timeframe. You can expect the funds to be available in the beneficiary's account in India promptly after initiating the transfer.

Step 4: Track and Support

Federal Bank prioritizes hassle-free and express-speed remittances to India. If you need any assistance during the process, Federal Bank provides support through its overseas representative in Bahrain. You can reach out to them for guidance, tracking updates, or any other queries related to your money transfer from Bahrain to India.

By following these steps, you can efficiently send money from India to Bahrain using Federal Bank's remittance services. Remember to have all the necessary beneficiary account details on hand when visiting the Exchange House to ensure a smooth transaction.

Frequently asked questions