Sending Money FROM Malaysia

The following tables show how much it costs to remit money FROM Malaysia TO

FIND & COMPARE PRICES

SENDING MONEY

 		From
 To

Remitting from Malaysia to Philippines
Collection Period for Go to top
MYR|USD|

*Click on column headers to sort data
Firm Name Firm Type Fee
The exchange rate margin is the cost resulting from the percentage difference between the current interbank exchange rate and the actual exchange rate applied to the remittance transfer. Exchange Rate Margin (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost Percent (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost(MYR)▲
Transfer Speed has been standardized in six broad categories. Transfer Speed
In 2008 Network Coverage information was not collected. Network Coverage
Product: Cash to account
 Iremit
MTO 9.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 13.07 0.62
2.10 12.79 Next day
Bank account in receiving country Nationwide
Feb 07, 2013
Product: Door to door
Iremit
MTO 10.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 13.07 0.62
2.26 13.79 Next day
Home delivery Main city
Feb 07, 2013
Product: Cash to cash
 IME (International Money Express)
MTO 13.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 13.07 0.62
2.75 16.79 Same day
Cash pick up at agents in receiving country Nationwide
Feb 07, 2013
Product: Cash to cash
 Iremit
MTO 15.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 13.07 0.62
3.08 18.79 Next day
Cash pick up at agents in receiving country Nationwide
Feb 07, 2013
Product: Door to door
Iremit
MTO 15.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 13.07 0.62
3.08 18.79 2 days
Home delivery Rural only
Feb 07, 2013
Product: Cash to cash
Note:LCU service
 MoneyGram
MTO 15.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 13.04 0.83
3.29 20.09 Less than one hour
Cash pick up at agents in receiving country Nationwide
Feb 07, 2013
Product: Cash to cash
Note:USD service
 MoneyGram
MTO 15.00
Percentage difference between Interbank exchange rate 0.32 and exchange rate charged 0.32 0.97
3.43 20.93 Less than one hour
Cash pick up at agents in receiving country Nationwide
Feb 07, 2013
Product: Cash to cash, account
 Al-Rajhi Bank
Bank 15.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 12.94 1.61
4.07 24.82 Same day
Cash payout at M Lhuillier outlets. Bank deposit to Banco De Oro, Land Bank and transfer to Land Bank OFW (Original Foreign Worker Card) Nationwide
Feb 07, 2013
Product: Account to account
 Maybank
Bank 10.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 12.82 2.52
4.16 25.39 2 days
Bank account in receiving country Nationwide
Feb 07, 2013
Product: Account to account
 RHB Bank
Bank 12.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 12.68 3.62
5.58 34.07 6 days or more
Bank account in receiving country Nationwide
Feb 07, 2013
Product: Account to account
 Standard Chartered Bank
Bank 35.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 13.1 0.39
6.13 37.40 6 days or more
Bank account in receiving country Nationwide
Feb 07, 2013
Product: Cash to cash
 Western Union
MTO 17.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 12.65 3.79
6.58 40.14 Less than one hour
Cash pick up at branches/agents such as BPI, Quezon Capital Rural Bank Inc, pawn shops Nationwide
Feb 07, 2013
Product: Cash to cash
Note:Through Western Union
 Pos Malaysia
Post office 17.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 12.65 3.79
6.58 40.14 Less than one hour
Cash pick up at branches/agents such as BPI, Quezon Capital Rural Bank Inc, pawn shops Nationwide
Feb 07, 2013
Product: Account to account
 United Overseas Bank
Bank 27.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 12.82 2.49
6.92 42.20 3-5 days
Bank account in receiving country Nationwide
Feb 07, 2013
Product: Door to door
Note:This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
 Pos Malaysia *
Post office 4.00
Percentage difference between Interbank exchange rate 1 and exchange rate charged 1 0.00
0.66 4.00 6 days or more
Home delivery Nationwide
Feb 07, 2013
Bank Average 19.80
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 2.13
5.37 32.78
Total Average First quarter 2013
4.05
Total Average Third quarter 2012
3.90
MTO Average 13.62
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.09
3.32 20.27
Post office Average 10.50
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.90
3.62 22.07
Total Average 15.27
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.54
4.05 24.68
Total Average in Third quarter 2012 15.60
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.34
3.90 23.80

*Click on column headers to sort data
Firm Name Firm Type Fee
The exchange rate margin is the cost resulting from the percentage difference between the current interbank exchange rate and the actual exchange rate applied to the remittance transfer. Exchange Rate Margin (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost Percent (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost(MYR)▲
Transfer Speed has been standardized in six broad categories. Transfer Speed
In 2008 Network Coverage information was not collected. Network Coverage
Product: Cash to account
 Iremit
MTO 9.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 13.07 0.62
1.21 18.52 Next day
Bank account in receiving country Nationwide
Feb 07, 2013
Product: Door to door
Iremit
MTO 10.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 13.07 0.62
1.28 19.52 Next day
Home delivery Main city
Feb 07, 2013
Product: Cash to cash
 IME (International Money Express)
MTO 13.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 13.07 0.62
1.47 22.52 Same day
Cash pick up at agents in receiving country Nationwide
Feb 07, 2013
Product: Cash to cash
 Iremit
MTO 15.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 13.07 0.62
1.60 24.52 Next day
Cash pick up at agents in receiving country Nationwide
Feb 07, 2013
Product: Door to door
Iremit
MTO 15.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 13.07 0.62
1.60 24.52 2 days
Home delivery Rural only
Feb 07, 2013
Product: Cash to cash
Note:LCU service
 MoneyGram
MTO 25.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 13.04 0.83
2.47 37.77 Less than one hour
Cash pick up at agents in receiving country Nationwide
Feb 07, 2013
Product: Cash to cash, account
 Al-Rajhi Bank
Bank 15.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 12.94 1.61
2.59 39.64 Same day
Cash payout at M Lhuillier outlets. Bank deposit to Banco De Oro, Land Bank and transfer to Land Bank OFW (Original Foreign Worker Card) Nationwide
Feb 07, 2013
Product: Cash to cash
Note:USD service
 MoneyGram
MTO 25.00
Percentage difference between Interbank exchange rate 0.32 and exchange rate charged 0.32 0.97
2.61 39.87 Less than one hour
Cash pick up at agents in receiving country Nationwide
Feb 07, 2013
Product: Account to account
 Standard Chartered Bank
Bank 35.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 13.1 0.39
2.68 41.03 6 days or more
Bank account in receiving country Nationwide
Feb 07, 2013
Product: Account to account
 Maybank
Bank 10.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 12.82 2.52
3.18 48.60 2 days
Bank account in receiving country Nationwide
Feb 07, 2013
Product: Account to account
 United Overseas Bank
Bank 27.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 12.82 2.49
4.26 65.13 3-5 days
Bank account in receiving country Nationwide
Feb 07, 2013
Product: Account to account
 RHB Bank
Bank 12.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 12.68 3.62
4.40 67.35 6 days or more
Bank account in receiving country Nationwide
Feb 07, 2013
Product: Cash to cash
 Western Union
MTO 17.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 12.65 3.79
4.90 75.03 Less than one hour
Cash pick up at branches/agents such as BPI, Quezon Capital Rural Bank Inc, pawn shops Nationwide
Feb 07, 2013
Product: Cash to cash
Note:Through Western Union
 Pos Malaysia
Post office 17.00
Percentage difference between Interbank exchange rate 13.15 and exchange rate charged 12.65 3.79
4.90 75.03 Less than one hour
Cash pick up at branches/agents such as BPI, Quezon Capital Rural Bank Inc, pawn shops Nationwide
Feb 07, 2013
Product: Door to door
Note:This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
 Pos Malaysia *
Post office 4.00
Percentage difference between Interbank exchange rate 1 and exchange rate charged 1 0.00
0.26 4.00 6 days or more
Home delivery Nationwide
Feb 07, 2013
Bank Average 19.80
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 2.13
3.42 52.35
Total Average First quarter 2013
2.63
Total Average Third quarter 2012
2.36
MTO Average 16.12
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.09
2.14 32.78
Post office Average 10.50
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.90
2.58 39.51
Total Average 16.60
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.54
2.63 40.20
Total Average in Third quarter 2012 15.60
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.34
2.36 36.17

*Click on column headers to sort data
Firm Name Firm Type Fee
The exchange rate margin is the cost resulting from the percentage difference between the current interbank exchange rate and the actual exchange rate applied to the remittance transfer. Exchange Rate Margin (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost Percent (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost(USD)▲
Transfer Speed has been standardized in six broad categories. Transfer Speed
In 2008 Network Coverage information was not collected. Network Coverage
Product: Cash to account
 Iremit
MTO 2.95
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 0.62
2.10 4.19 Next day
Bank account in receiving country Nationwide
Feb 07, 2013
Product: Door to door
Iremit
MTO 3.28
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 0.62
2.26 4.52 Next day
Home delivery Main city
Feb 07, 2013
Product: Cash to cash
 IME (International Money Express)
MTO 4.26
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 0.62
2.75 5.51 Same day
Cash pick up at agents in receiving country Nationwide
Feb 07, 2013
Product: Cash to cash
 Iremit
MTO 4.92
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 0.62
3.08 6.16 Next day
Cash pick up at agents in receiving country Nationwide
Feb 07, 2013
Product: Door to door
Iremit
MTO 4.92
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 0.62
3.08 6.16 2 days
Home delivery Rural only
Feb 07, 2013
Product: Cash to cash
Note:LCU service
 MoneyGram
MTO 4.92
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 0.83
3.29 6.59 Less than one hour
Cash pick up at agents in receiving country Nationwide
Feb 07, 2013
Product: Cash to cash
Note:USD service
 MoneyGram
MTO 4.92
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 0.97
3.43 6.86 Less than one hour
Cash pick up at agents in receiving country Nationwide
Feb 07, 2013
Product: Cash to cash, account
 Al-Rajhi Bank
Bank 4.92
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 1.61
4.07 8.14 Same day
Cash payout at M Lhuillier outlets. Bank deposit to Banco De Oro, Land Bank and transfer to Land Bank OFW (Original Foreign Worker Card) Nationwide
Feb 07, 2013
Product: Account to account
 Maybank
Bank 3.28
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 2.52
4.16 8.32 2 days
Bank account in receiving country Nationwide
Feb 07, 2013
Product: Account to account
 RHB Bank
Bank 3.93
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 3.62
5.58 11.17 6 days or more
Bank account in receiving country Nationwide
Feb 07, 2013
Product: Account to account
 Standard Chartered Bank
Bank 11.48
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 0.39
6.13 12.26 6 days or more
Bank account in receiving country Nationwide
Feb 07, 2013
Product: Cash to cash
 Western Union
MTO 5.57
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 3.79
6.58 13.16 Less than one hour
Cash pick up at branches/agents such as BPI, Quezon Capital Rural Bank Inc, pawn shops Nationwide
Feb 07, 2013
Product: Cash to cash
Note:Through Western Union
 Pos Malaysia
Post office 5.57
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 3.79
6.58 13.16 Less than one hour
Cash pick up at branches/agents such as BPI, Quezon Capital Rural Bank Inc, pawn shops Nationwide
Feb 07, 2013
Product: Account to account
 United Overseas Bank
Bank 8.85
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 2.49
6.92 13.84 3-5 days
Bank account in receiving country Nationwide
Feb 07, 2013
Product: Door to door
Note:This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
 Pos Malaysia *
Post office 1.31
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 0.00
0.66 1.31 6 days or more
Home delivery Nationwide
Feb 07, 2013
Bank Average 6.49
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 2.13
5.37 10.75
Total Average First quarter 2013
4.05
Total Average Third quarter 2012
3.90
MTO Average 4.47
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.09
3.32 6.64
Post office Average 3.44
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.90
3.62 7.24
Total Average 5.01
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.54
4.05 8.09
Total Average in Third quarter 2012 5.11
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.34
3.90 7.80

*Click on column headers to sort data
Firm Name Firm Type Fee
The exchange rate margin is the cost resulting from the percentage difference between the current interbank exchange rate and the actual exchange rate applied to the remittance transfer. Exchange Rate Margin (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost Percent (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin. Total Cost(USD)▲
Transfer Speed has been standardized in six broad categories. Transfer Speed
In 2008 Network Coverage information was not collected. Network Coverage
Product: Cash to account
 Iremit
MTO 2.94
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 0.62
1.21 6.05 Next day
Bank account in receiving country Nationwide
Feb 07, 2013
Product: Door to door
Iremit
MTO 3.27
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 0.62
1.28 6.38 Next day
Home delivery Main city
Feb 07, 2013
Product: Cash to cash
 IME (International Money Express)
MTO 4.25
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 0.62
1.47 7.36 Same day
Cash pick up at agents in receiving country Nationwide
Feb 07, 2013
Product: Cash to cash
 Iremit
MTO 4.90
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 0.62
1.60 8.01 Next day
Cash pick up at agents in receiving country Nationwide
Feb 07, 2013
Product: Door to door
Iremit
MTO 4.90
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 0.62
1.60 8.01 2 days
Home delivery Rural only
Feb 07, 2013
Product: Cash to cash
Note:LCU service
 MoneyGram
MTO 8.17
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 0.83
2.47 12.34 Less than one hour
Cash pick up at agents in receiving country Nationwide
Feb 07, 2013
Product: Cash to cash, account
 Al-Rajhi Bank
Bank 4.90
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 1.61
2.59 12.95 Same day
Cash payout at M Lhuillier outlets. Bank deposit to Banco De Oro, Land Bank and transfer to Land Bank OFW (Original Foreign Worker Card) Nationwide
Feb 07, 2013
Product: Cash to cash
Note:USD service
 MoneyGram
MTO 8.17
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 0.97
2.61 13.03 Less than one hour
Cash pick up at agents in receiving country Nationwide
Feb 07, 2013
Product: Account to account
 Standard Chartered Bank
Bank 11.44
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 0.39
2.68 13.41 6 days or more
Bank account in receiving country Nationwide
Feb 07, 2013
Product: Account to account
 Maybank
Bank 3.27
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 2.52
3.18 15.88 2 days
Bank account in receiving country Nationwide
Feb 07, 2013
Product: Account to account
 United Overseas Bank
Bank 8.82
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 2.49
4.26 21.29 3-5 days
Bank account in receiving country Nationwide
Feb 07, 2013
Product: Account to account
 RHB Bank
Bank 3.92
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 3.62
4.40 22.01 6 days or more
Bank account in receiving country Nationwide
Feb 07, 2013
Product: Cash to cash
 Western Union
MTO 5.56
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 3.79
4.90 24.52 Less than one hour
Cash pick up at branches/agents such as BPI, Quezon Capital Rural Bank Inc, pawn shops Nationwide
Feb 07, 2013
Product: Cash to cash
Note:Through Western Union
 Pos Malaysia
Post office 5.56
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 3.79
4.90 24.52 Less than one hour
Cash pick up at branches/agents such as BPI, Quezon Capital Rural Bank Inc, pawn shops Nationwide
Feb 07, 2013
Product: Door to door
Note:This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
 Pos Malaysia *
Post office 1.31
Percentage difference between Interbank exchange rate -1.79769313486232E+308 and exchange rate charged -1.79769313486232E+308 0.00
0.26 1.31 6 days or more
Home delivery Nationwide
Feb 07, 2013
Bank Average 6.47
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 2.13
3.42 17.11
Total Average First quarter 2013
2.63
Total Average Third quarter 2012
2.36
MTO Average 5.27
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.09
2.14 10.71
Post office Average 3.43
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.90
2.58 12.91
Total Average 5.42
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.54
2.63 13.14
Total Average in Third quarter 2012 5.10
Percentage difference between Interbank exchange rate 0 and exchange rate charged 0 1.34
2.36 11.82


  • * indicates that the RSP is not transparent and did not provide all the relevant information. Roll-over firm name for more info.