Best Ways to Send Money from Kuwait to Sri Lanka

There are many foreigners who hold Sri Lankan nationality in Kuwait, so there is a need to know the best ways to transfer money from Kuwait to Sri Lanka, in addition to knowing the method of transferring between KWD and LKR as well. This can be done through places licensed to provide this service by the Central Bank of Kuwait.

There are many ways to send money from Kuwait to Sri Lanka, including sending through Western Union or through bank accounts. Money can also be sent through stores licensed to provide this service in Kuwait. The following list includes the best ways to transfer money between the two countries:

Send money from Kuwait to Sri Lanka via banks

To send money from Kuwait to Sri Lanka via banks,

Step 1: Download the banking app or go to online banking.
Step 2: Log in to the user account in electronic banking services.
Step 3: Go to the money transfer service from the customer’s account.
Step 4: Start a new transfer and then add the other party’s data.
Step 5: Enter all required data about the recipient and the transfer value.
Step 6: Complete the process of sending money from Kuwait to Sri Lanka.

Send money from Kuwait to Sri Lanka via Western Union

To send money from Kuwait to Sri Lanka via Western Union,

Step 1: Go to the money transfer service on the Western Union website.
Step 2: Select Send to Sri Lanka from the drop down menu.
Step 3: Enter the amount of money you want to transfer in KWD.
Step 4: Click on the Send now icon.
Step 5: Select Send Money to Sri Lanka from the list of countries.
Step 6: Click on the Continue icon.
Step 7: Follow the instructions to pay the required funds and enter the recipient’s details.
Step 8: Take a picture of the invoice and send it to the recipient.
Step 9: Withdraw money through Western Union branches in Sri Lanka.

Send money from Kuwait to Sri Lanka via Al Mulla Exchange

To send money from Kuwait to Sri Lanka via Al Mulla Exchange,

Step 1: Go to the Al Mulla Exchange website.
Step 2: Click on the Remit Online icon from the top.
Step 3: Create an account for the new user and then log in.
Step 4: Proceed to Remit Online service from the user account.
Step 5: Follow the instructions to add the value and recipient information.
Step 6: Complete the payment process and send the money.

Send Money from Kuwait to Sri Lanka via Al Muzaini Exchange

To send money from Kuwait to Sri Lanka via Al Muzaini Exchange,

Step 1: Go to the Al Muzaini website.
Step 2: Click on the Send Money icon from the top.
Step 3: Create an account for the new user and then log in.
Step 4: Proceed to Send Money service from the user account.
Step 5: Follow the instructions to add the value and recipient information.
Step 6: Complete the payment process and send the money online.

Send Money from Kuwait to Sri Lanka via Al Ansari Exchange

To send money from Kuwait to Sri Lanka via Al Ansari Exchange,

Step 1: Download Al Ansari Exchange app on your smartphone.
Step 2: Create an account for the new user and then log in.
Step 3: Click on Send Money from the application interface.
Step 4: Click on the All option and then click on the Add New icon.
Step 5: Complete the process of adding the recipient’s information in the Sri Lanka.
Step 6: Proceed to complete sending funds.
Step 7: Enter the amount of money you want to transfer, then click on the Next icon.
Step 8: Follow the instructions to pay via K-net.

Send money from Kuwait to Sri Lanka via Al Zamil Exchange

To send money from Kuwait to Sri Lanka via Al Zamil Exchange,

Step 1: Go to the Al Zamil Exchange website.
Step 2: Click on the Online Send from the top.
Step 3: Create an account for the new user and then log in.
Step 4: Starting a new send process from Kuwait to Sri Lanka.
Step 5: Follow the instructions to complete the send process.

Factors Affecting KWD-LKR Exchange Rate

There are many factors that play an important role in determining the conversion rates from KWD to LKR, including: the difference in interest rates, the difference in inflation rates, and the difference in demand for the currency, so it was necessary to know the exchange rates on the day the money is sent to ensure getting the best value

How to check KWD-LKR Exchange Rate

To avail Kuwait 1 KD to Sri Lanka Rupees Today Al Mulla Exchange service,

Step 1: Go to Al Mulla International Exchange website.
Step 2: Scroll down to Exchange Rate service from the main interface.
Step 3: Select Sri Lanka from the Destination Country list.
Step 4: Enter the amount of money in Kuwaiti Dinars in the left field.
Step 5: Check the value of money in Sri Lankan currency.

Tips for Send Money from Kuwait to Sri Lanka

Here are some tips to get the best value when sending money from Kuwait to Sri Lanka:

Compare prices: It is essential to compare prices between one place and another of the places specialized in sending money to choose the place that offers the best value for the Sri Lankan currency against the Kuwaiti currency.
Check for additional fees: Some places charge additional fees when sending money from Kuwait to Sri Lanka, and you should check these fees to ensure that you do not choose a place that charges a lot of additional fees.
Flexibility in timing: Flexibility in timing helps you choose the time when the Sri Lankan currency is at its best value against the Kuwaiti Dinar, in order to get more money for the same value of the Kuwaiti Dinar.
Choosing a reputable store: A person must choose a reputable store to send money from Kuwait to Sri Lanka in order to avoid falling into any fraud and scams. He must also choose a place licensed by the Central Bank of Kuwait.

Conclusion

Through the Kuwait How website, you can get a lot of advice and guidance related to sending money from Kuwait to Sri Lanka. This website also provides all the details that citizens and foreigners need to know the value of the Kuwaiti currency against the Sri Lankan currency.