INDIA, PHILLIPINES, USA, UK, MALAYSIA, ARMENIA, CANADA
You can send money from Kuwait to those countries. in different process. You can use wire transfer system or you can send it via different websites. If you send money via wire transfer then you’ll have to pay government issued taxes. If you use different websites, then you have to pay the fees that’s charged by that particular website.
You can send money from Kuwait to other countries via Xoom ,Western Union, MoneyGram, World First etc.
Xoom Corporation is a digital money transfer company based in San Francisco, United States of America. The company was founded in 2001. With the Xoom bank deposit service, consumers can send money directly to bank accounts in Argentina, Australia, Bolivia, Brazil, Canada, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, France, Germany, Guatemala, Honduras, India, Ireland, Italy, Jamaica, Mexico, Netherlands, Nicaragua, Panama, Peru, the Philippines, Poland, Spain, the United Kingdom, Uruguay and Vietnam. Consumers pay for Xoom money transfers using funds from their U.S. bank account, credit card, or debit card. The money transfers are paid out in either U.S. dollars or in local currency.
Unfortunately, Xoom is not supported by Kuwaiti-an banks. So you have to search an alternative way to send your payments from Kuwait to other countries.
In order to transfer money through Xoom from Kuwait to other countries you have to go to www.xoom.com and open an account there. And then they need to select there payment option and the details of the recipient . And then the customer will confirm their transfer in the confirmation page. Transaction of money in Xoom is very secure and reliable because Xoom provides top notch security and safety to their users. One needs to verify their identity and their bank account in order to ensure one’s security. More specific delivery times are available as you provide more details about how you’d like to send the money.
VIA MONEY GRAM:
Money-gram International Inc. is a money transfer company based in the United States with headquarters in Dallas, Texas. It has an operation center in St. Louis Park, Minnesota and regional and local offices around the world. MoneyGram is a public company and listed under the ticker symbol MGI. MoneyGram businesses are divided into two categories: Global Funds Transfers and Financial Paper Products.The company works with individuals and businesses through a network of agents and financial institution customers.
MoneyGram is the second largest provider of money transfers in the world. he company operates in more than 200 countries with a global network of about 347,000 agent offices.
MoneyGram basically transfers your money via wire transfer. So you need to find a MoneyGram dealer and then you’ll be able to transfer money. You need to verify your identity via
- Driver license
- National identity card
Your agent will give a reference number which you’ll be needed to send to the receiver. By using this number you’ll be able to send money from Kuwait to other countries.
VIA WESTERN UNION MONEY TRANSFER :
The Western Union Company is an American financial services and communications company. Its North American headquarters is in Meridian, Colorado, though the postal designation of nearby Englewood is used in its mailing address. Up until it discontinued the service in 2006, Western Union was the best-known U.S. company in the business of exchanging telegrams.
Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services. They offered standard “Cablegrams”, as well as more cheerful products such as Candygrams, Dollygrams, and Melodygrams.
You can send money from Kuwait from other countries easily through Western Union. There are four ways to send money through western union. But in case of sending money from Kuwait to other countries, only one process is available. A sender goes to a Western Union office and presents funds (plus fees) for “Next Day” or “Money in Minutes” service. The sender provides his or her name and address, the recipient’s name, and a designated payment destination. Western Union then provides the sender a 10-digit Money Transfer Control Number (MTCN) that the sender must provide to the recipient. The recipient then proceeds to a Western Union agent office in the designated payment location, presents the 10-digit MTCN, and a photo ID. Money is then paid out to the recipient. In some locations, if a recipient lacks identification documents, the sender and receiver can set up a pre-arranged password. Funds are paid out in cash, although if payment exceeds a local maximum or cash on hand, a check is issued. Alternatively, a sender may forward funds to a recipient by using Western Union’s website or by phone. In some countries, the recipient doesn’t need the MTCN number if he has sufficient identification.
VIA WORLD FIRST:
World First is a UK-based foreign exchange company. It offers currency exchange and international payments to private clients and corporate clients in the UK and a number of other countries. The company was established in 2004 by Jonathan Quin and Nick Robinson.
You can send money from Kuwait to other countries via World First. You can do it online or you can do it via telephone call. You will be needed to open an account in www.worldfirst.com/us/ and you’ll be able to transfer money. Fees are very little in this site. Transfer over $10,000 with us and there are no fees. For transfers under $10,000 we charge a flat fee of $10. You can use it for your personal use or you can use it for your business. It’s a simple and trustworthy process of sending money.
Ensuring the safety and security of your money is their business. Their parent company World First UK Limited is an authorized Payment Institution under the Financial Conduct Authority (No 502759). As a member of the World First Group of companies, World First USA, Inc complies fully with these regulations to ensure your funds are appropriately safeguarded and segregated from business funds in line with the requirements. Being authorized and regulated requires our companies to hold sufficient capital to protect our business and further safeguard our customers. World First USA, is licensed as a Money Transmitter Business that operates under USA anti-money laundering laws and regulations. As a non-depository financial institution World First USA, Inc follows all rules and guidance of FinCEN and the Office of Foreign Assets Control (OFAC), including the Bank Security Act (BSA) and USA Patriot Act 2001. They maintain high levels of capital and have a 3A2 credit rating from Dun and Bradstreet. World First never speculates on the currency markets. When you enter into a transaction with us, we enter into a matching irrevocable covering deal with our bank. It is this transaction that turns your sold currency into your bought currency and from which your outward payment is made. Their two main transaction banks are Barclay’s and Citibank. We additionally hold client accounts with Royal Bank of Scotland and Commerzbank (Germany).