Remitting from Singapore to Malaysia

The following table shows how much it costs to remit money from Singapore To Malaysia. Click on column headings to sort the data.

Note: Corridor averages are unweighted and do not reflect the market shares of the different firms that compose the average. For comparability purposes, the two initial USD reference amounts of $200 and $500 were kept. In the third quarter of 2009, the amounts in local currency were adjusted in order to reflect foreign exchange fluctuations.

How much does it cost to remit?

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Collection period for Third quarter 2009 | First quarter 2009 | 2008

See prices in SGD | USD

290720

				Total cost
Firm name	Firm type	Fee (SGD)	Exchange rate margin (%)	Percent (%)	SGD	Transfer speed	Network Coverage	Date
BTI Money Transfer	MTO	8.00	0.21	2.96	8.58	2 days	Nationwide	Aug 08, 2009
OFW Remittance	MTO	8.00	0.32	3.08	8.93	2 days	Nationwide	Aug 08, 2009
One Stop Remittance	MTO	10.00	0.00	3.45	10.01	2 days	Nationwide	Aug 08, 2009
Wealthgate Int'l	MTO	10.00	0.20	3.65	10.58	Next day	Nationwide	Aug 08, 2009
BKK Forex	MTO	10.00	0.21	3.65	10.58	Next day	Nationwide	Aug 08, 2009
GPL Remittance	MTO	10.00	0.41	3.86	11.19	6 days or more	Nationwide	Aug 08, 2009
Cashome	MTO	9.00	1.44	4.54	13.17	3-5 days	Nationwide	Aug 08, 2009
Brunphil Express	MTO	10.00	1.55	5.00	14.50	2 days	Nationwide	Aug 08, 2009
MoneyWorld	MTO	15.00	0.73	5.90	17.11	2 days	Nationwide	Aug 08, 2009
Western Union	MTO	12.00	1.85	5.99	17.37	Less than one hour	Nationwide	Aug 08, 2009
Maybank	Bank	30.00	1.19	11.54	33.47	Same day	Nationwide	Aug 08, 2009
Bank Average		30.00	1.19	11.54	33.47
MTO Average		10.20	0.69	4.21	12.21
Total Average		12.00	0.74	4.87	14.12
Total Average in First Quarter 2009		10.73	1.33	5.23	15.17

	Total cost
Firm name	Firm type	Fee (SGD)	Exchange rate margin (%)	Percent (%)	SGD	Transfer speed	Network Coverage	Date
BTI Money Transfer	MTO	6.00	0.21	1.04	7.49	2 days	Nationwide	Aug 08, 2009
One Stop Remittance	MTO	10.00	0.00	1.39	10.01	2 days	Nationwide	Aug 08, 2009
OFW Remittance	MTO	8.00	0.32	1.43	10.30	2 days	Nationwide	Aug 08, 2009
Wealthgate Int'l	MTO	10.00	0.20	1.59	11.45	Next day	Nationwide	Aug 08, 2009
BKK Forex	MTO	10.00	0.21	1.59	11.45	Next day	Nationwide	Aug 08, 2009
GPL Remittance	MTO	10.00	0.41	1.80	12.96	6 days or more	Nationwide	Aug 08, 2009
Cashome	MTO	9.00	1.44	2.69	19.37	3-5 days	Nationwide	Aug 08, 2009
MoneyWorld	MTO	15.00	0.73	2.81	20.23	2 days	Nationwide	Aug 08, 2009
Brunphil Express	MTO	10.00	1.55	2.94	21.17	2 days	Nationwide	Aug 08, 2009
Western Union	MTO	12.00	1.85	3.51	25.27	Less than one hour	Nationwide	Aug 08, 2009
Maybank	Bank	30.00	1.19	5.36	38.59	Same day	Nationwide	Aug 08, 2009
Bank Average		30.00	1.19	5.36	38.59
MTO Average		10.00	0.69	2.08	14.98
Total Average		11.82	0.74	2.38	17.14
Total Average in First Quarter 2009		10.73	1.33	2.89	20.81

200500

				Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
BTI Money Transfer	MTO	5.52	0.21	2.96	5.92	2 days	Nationwide	Aug 08, 2009
OFW Remittance	MTO	5.52	0.32	3.08	6.16	2 days	Nationwide	Aug 08, 2009
One Stop Remittance	MTO	6.90	0.00	3.45	6.90	2 days	Nationwide	Aug 08, 2009
Wealthgate Int'l	MTO	6.90	0.20	3.65	7.30	Next day	Nationwide	Aug 08, 2009
BKK Forex	MTO	6.90	0.21	3.65	7.30	Next day	Nationwide	Aug 08, 2009
GPL Remittance	MTO	6.90	0.41	3.86	7.72	6 days or more	Nationwide	Aug 08, 2009
Cashome	MTO	6.21	1.44	4.54	9.08	3-5 days	Nationwide	Aug 08, 2009
Brunphil Express	MTO	6.90	1.55	5.00	10.00	2 days	Nationwide	Aug 08, 2009
MoneyWorld	MTO	10.34	0.73	5.90	11.80	2 days	Nationwide	Aug 08, 2009
Western Union	MTO	8.28	1.85	5.99	11.98	Less than one hour	Nationwide	Aug 08, 2009
Maybank	Bank	20.69	1.19	11.54	23.08	Same day	Nationwide	Aug 08, 2009
Bank Average		20.69	1.19	11.54	23.08
MTO Average		7.03	0.69	4.21	8.42
Total Average		8.28	0.74	4.87	9.74
Total Average in First Quarter 2009		7.80	1.33	5.23	10.46

	Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
BTI Money Transfer	MTO	4.17	0.21	1.04	5.20	2 days	Nationwide	Aug 08, 2009
One Stop Remittance	MTO	6.94	0.00	1.39	6.95	2 days	Nationwide	Aug 08, 2009
OFW Remittance	MTO	5.56	0.32	1.43	7.15	2 days	Nationwide	Aug 08, 2009
Wealthgate Int'l	MTO	6.94	0.20	1.59	7.95	Next day	Nationwide	Aug 08, 2009
BKK Forex	MTO	6.94	0.21	1.59	7.95	Next day	Nationwide	Aug 08, 2009
GPL Remittance	MTO	6.94	0.41	1.80	9.00	6 days or more	Nationwide	Aug 08, 2009
Cashome	MTO	6.25	1.44	2.69	13.45	3-5 days	Nationwide	Aug 08, 2009
MoneyWorld	MTO	10.42	0.73	2.81	14.05	2 days	Nationwide	Aug 08, 2009
Brunphil Express	MTO	6.94	1.55	2.94	14.70	2 days	Nationwide	Aug 08, 2009
Western Union	MTO	8.33	1.85	3.51	17.55	Less than one hour	Nationwide	Aug 08, 2009
Maybank	Bank	20.83	1.19	5.36	26.80	Same day	Nationwide	Aug 08, 2009
Bank Average		20.83	1.19	5.36	26.80
MTO Average		6.94	0.69	2.08	10.40
Total Average		8.21	0.74	2.38	11.90
Total Average in First Quarter 2009		7.77	1.33	2.89	14.45

275690

				Total cost
Firm name	Firm type	Fee (SGD)	Exchange rate margin (%)	Percent (%)	SGD	Transfer speed	Network Coverage	Date
BTI Money Transfer	MTO	8.00	0.57	3.48	9.57	2 days	Nationwide	Feb 02, 2009
OFW Remittance	MTO	8.00	0.57	3.48	9.57	2 days	Nationwide	Feb 02, 2009
Wealthgate Int'l	MTO	10.00	0.78	4.42	12.16	2 days	Nationwide	Feb 02, 2009
GPL Remittance	MTO	10.00	0.99	4.62	12.70	Next day	Nationwide	Feb 02, 2009
One Stop Remittance	MTO	10.00	0.99	4.62	12.70	2 days	Nationwide	Feb 02, 2009
Maybank - to a Maybank account	Bank	10.00	1.07	4.71	12.95	2 days	Nationwide	Feb 02, 2009
MoneyWorld	MTO	10.00	1.20	4.83	13.28	2 days	Nationwide	Feb 02, 2009
Ameer Tech (MG) - cash	MTO	10.00	1.70	5.34	14.68	6 days or more	Nationwide	Feb 02, 2009
Western Union	MTO	12.00	2.45	6.81	18.73	Less than one hour	Nationwide	Feb 02, 2009
Brunphil Express	MTO	10.00	3.28	6.92	19.03	6 days or more	Nationwide	Feb 02, 2009
Maybank - non Maybank account	Bank	20.00	1.07	8.34	22.94	2 days	Nationwide	Feb 02, 2009
Bank Average		15.00	1.07	6.53	17.96
MTO Average		9.78	1.39	4.95	13.61
Total Average		10.73	1.33	5.23	14.38
Total Average in 2008		10.82	1.93	5.86	16.11

	Total cost
Firm name	Firm type	Fee (SGD)	Exchange rate margin (%)	Percent (%)	SGD	Transfer speed	Network Coverage	Date
BTI Money Transfer	MTO	8.00	0.57	1.73	11.94	2 days	Nationwide	Feb 02, 2009
OFW Remittance	MTO	8.00	0.57	1.73	11.94	2 days	Nationwide	Feb 02, 2009
Wealthgate Int'l	MTO	10.00	0.78	2.23	15.39	2 days	Nationwide	Feb 02, 2009
GPL Remittance	MTO	10.00	0.99	2.44	16.84	Next day	Nationwide	Feb 02, 2009
One Stop Remittance	MTO	10.00	0.99	2.44	16.84	2 days	Nationwide	Feb 02, 2009
Maybank - to a Maybank account	Bank	10.00	1.07	2.52	17.39	2 days	Nationwide	Feb 02, 2009
MoneyWorld	MTO	10.00	1.20	2.65	18.28	2 days	Nationwide	Feb 02, 2009
Ameer Tech (MG) - cash	MTO	10.00	1.70	3.15	21.74	6 days or more	Nationwide	Feb 02, 2009
Maybank - non Maybank account	Bank	20.00	1.07	3.97	27.39	2 days	Nationwide	Feb 02, 2009
Western Union	MTO	12.00	2.45	4.19	28.91	Less than one hour	Nationwide	Feb 02, 2009
Brunphil Express	MTO	10.00	3.28	4.73	32.64	6 days or more	Nationwide	Feb 02, 2009
Bank Average		15.00	1.07	3.25	22.42
MTO Average		9.78	1.39	2.81	19.39
Total Average		10.73	1.33	2.89	19.94
Total Average in 2008		11.00	1.93	3.52	24.29

200500

				Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
BTI Money Transfer	MTO	5.82	0.57	3.48	6.96	2 days	Nationwide	Feb 02, 2009
OFW Remittance	MTO	5.82	0.57	3.48	6.96	2 days	Nationwide	Feb 02, 2009
Wealthgate Int'l	MTO	7.27	0.78	4.42	8.84	2 days	Nationwide	Feb 02, 2009
GPL Remittance	MTO	7.27	0.99	4.62	9.24	Next day	Nationwide	Feb 02, 2009
One Stop Remittance	MTO	7.27	0.99	4.62	9.24	2 days	Nationwide	Feb 02, 2009
Maybank - to a Maybank account	Bank	7.27	1.07	4.71	9.42	2 days	Nationwide	Feb 02, 2009
MoneyWorld	MTO	7.27	1.20	4.83	9.66	2 days	Nationwide	Feb 02, 2009
Ameer Tech (MG) - cash	MTO	7.27	1.70	5.34	10.68	6 days or more	Nationwide	Feb 02, 2009
Western Union	MTO	8.73	2.45	6.81	13.62	Less than one hour	Nationwide	Feb 02, 2009
Brunphil Express	MTO	7.27	3.28	6.92	13.84	6 days or more	Nationwide	Feb 02, 2009
Maybank - non Maybank account	Bank	14.55	1.07	8.34	16.68	2 days	Nationwide	Feb 02, 2009
Bank Average		10.91	1.07	6.53	13.06
MTO Average		7.11	1.39	4.95	9.90
Total Average		7.80	1.33	5.23	10.46
Total Average in 2008		7.87	1.93	5.86	11.72

	Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
BTI Money Transfer	MTO	5.80	0.57	1.73	8.65	2 days	Nationwide	Feb 02, 2009
OFW Remittance	MTO	5.80	0.57	1.73	8.65	2 days	Nationwide	Feb 02, 2009
Wealthgate Int'l	MTO	7.25	0.78	2.23	11.15	2 days	Nationwide	Feb 02, 2009
GPL Remittance	MTO	7.25	0.99	2.44	12.20	Next day	Nationwide	Feb 02, 2009
One Stop Remittance	MTO	7.25	0.99	2.44	12.20	2 days	Nationwide	Feb 02, 2009
Maybank - to a Maybank account	Bank	7.25	1.07	2.52	12.60	2 days	Nationwide	Feb 02, 2009
MoneyWorld	MTO	7.25	1.20	2.65	13.25	2 days	Nationwide	Feb 02, 2009
Ameer Tech (MG) - cash	MTO	7.25	1.70	3.15	15.75	6 days or more	Nationwide	Feb 02, 2009
Maybank - non Maybank account	Bank	14.49	1.07	3.97	19.85	2 days	Nationwide	Feb 02, 2009
Western Union	MTO	8.70	2.45	4.19	20.95	Less than one hour	Nationwide	Feb 02, 2009
Brunphil Express	MTO	7.25	3.28	4.73	23.65	6 days or more	Nationwide	Feb 02, 2009
Bank Average		10.87	1.07	3.25	16.25
MTO Average		7.09	1.39	2.81	14.05
Total Average		7.77	1.33	2.89	14.45
Total Average in 2008		7.97	1.93	3.52	17.60

275690

				Total cost
Firm name	Firm type	Fee (SGD)	Exchange rate margin (%)	Percent (%)	SGD	Transfer speed	Network Coverage	Date
BTI Money Transfer	MTO	8.00	0.94	3.85	10.59	Next day	-	Apr 08, 2008
OFW Remittance	MTO	8.00	0.94	3.85	10.59	2 working days	-	Apr 08, 2008
GPL Remittance	MTO	10.00	1.02	4.66	12.82	1-2 working days	-	Apr 08, 2008
Wealthgate Int'l	MTO	10.00	1.37	5.00	13.75	1-2 working days	-	Apr 08, 2008
MoneyWorld	MTO	10.00	2.02	5.65	15.54	Next day	-	Apr 08, 2008
Western Union	MTO	10.00	2.23	5.87	16.14	15 minutes	-	Apr 08, 2008
Ameer Tech (MG) - account	MTO	10.00	2.45	6.08	16.72	10 minutes	-	Apr 08, 2008
One Top Remittance	MTO	10.00	2.66	6.30	17.32	1-3 working days	-	Apr 08, 2008
Ameer Tech (MG) - cash	MTO	13.00	2.45	7.17	19.72	10 minutes	-	Apr 08, 2008
Brunphil Express	MTO	10.00	3.74	7.38	20.30	4 working days	-	Apr 08, 2008
Maybank	Bank	20.00	1.37	8.64	23.76	1-2 working days	-	Apr 08, 2008
Bank Average		20.00	1.37	8.64	23.76
MTO Average		9.90	1.98	5.58	15.34
Total Average		10.82	1.93	5.86	16.11
First Quarter 2009		10.73	1.33	5.23	14.38

	Total cost
Firm name	Firm type	Fee (SGD)	Exchange rate margin (%)	Percent (%)	SGD	Transfer speed	Network Coverage	Date
BTI Money Transfer	MTO	8.00	0.94	2.10	14.49	Next day	-	Apr 08, 2008
OFW Remittance	MTO	8.00	0.94	2.10	14.49	2 working days	-	Apr 08, 2008
GPL Remittance	MTO	10.00	1.02	2.47	17.04	1-2 working days	-	Apr 08, 2008
Wealthgate Int'l	MTO	10.00	1.37	2.82	19.46	1-2 working days	-	Apr 08, 2008
MoneyWorld	MTO	10.00	2.02	3.47	23.94	Next day	-	Apr 08, 2008
Ameer Tech (MG) - account	MTO	10.00	2.45	3.90	26.91	10 minutes	-	Apr 08, 2008
Western Union	MTO	12.00	2.23	3.97	27.39	15 minutes	-	Apr 08, 2008
One Top Remittance	MTO	10.00	2.66	4.11	28.36	1-3 working days	-	Apr 08, 2008
Maybank	Bank	20.00	1.37	4.27	29.46	1-2 working days	-	Apr 08, 2008
Ameer Tech (MG) - cash	MTO	13.00	2.45	4.33	29.88	10 minutes	-	Apr 08, 2008
Brunphil Express	MTO	10.00	3.74	5.19	35.81	4 working days	-	Apr 08, 2008
Bank Average		20.00	1.37	4.27	29.46
MTO Average		10.10	1.98	3.45	23.80
Total Average		11.00	1.93	3.52	24.29
First Quarter 2009		10.73	1.33	2.89	19.94

200500

				Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
BTI Money Transfer	MTO	5.82	0.94	3.85	7.70	Next day	-	Apr 08, 2008
OFW Remittance	MTO	5.82	0.94	3.85	7.70	2 working days	-	Apr 08, 2008
GPL Remittance	MTO	7.27	1.02	4.66	9.32	1-2 working days	-	Apr 08, 2008
Wealthgate Int'l	MTO	7.27	1.37	5.00	10.00	1-2 working days	-	Apr 08, 2008
MoneyWorld	MTO	7.27	2.02	5.65	11.30	Next day	-	Apr 08, 2008
Western Union	MTO	7.27	2.23	5.87	11.74	15 minutes	-	Apr 08, 2008
Ameer Tech (MG) - account	MTO	7.27	2.45	6.08	12.16	10 minutes	-	Apr 08, 2008
One Top Remittance	MTO	7.27	2.66	6.30	12.60	1-3 working days	-	Apr 08, 2008
Ameer Tech (MG) - cash	MTO	9.45	2.45	7.17	14.34	10 minutes	-	Apr 08, 2008
Brunphil Express	MTO	7.27	3.74	7.38	14.76	4 working days	-	Apr 08, 2008
Maybank	Bank	14.55	1.37	8.64	17.28	1-2 working days	-	Apr 08, 2008
Bank Average		14.55	1.37	8.64	17.28
MTO Average		7.20	1.98	5.58	11.16
Total Average		7.87	1.93	5.86	11.72
First Quarter 2009		7.80	1.33	5.23	10.46

	Total cost
Firm name	Firm type	Fee (USD)	Exchange rate margin (%)	Percent (%)	USD	Transfer speed	Network Coverage	Date
BTI Money Transfer	MTO	5.80	0.94	2.10	10.50	Next day	-	Apr 08, 2008
OFW Remittance	MTO	5.80	0.94	2.10	10.50	2 working days	-	Apr 08, 2008
GPL Remittance	MTO	7.25	1.02	2.47	12.35	1-2 working days	-	Apr 08, 2008
Wealthgate Int'l	MTO	7.25	1.37	2.82	14.10	1-2 working days	-	Apr 08, 2008
MoneyWorld	MTO	7.25	2.02	3.47	17.35	Next day	-	Apr 08, 2008
Ameer Tech (MG) - account	MTO	7.25	2.45	3.90	19.50	10 minutes	-	Apr 08, 2008
Western Union	MTO	8.70	2.23	3.97	19.85	15 minutes	-	Apr 08, 2008
One Top Remittance	MTO	7.25	2.66	4.11	20.55	1-3 working days	-	Apr 08, 2008
Maybank	Bank	14.49	1.37	4.27	21.35	1-2 working days	-	Apr 08, 2008
Ameer Tech (MG) - cash	MTO	9.42	2.45	4.33	21.65	10 minutes	-	Apr 08, 2008
Brunphil Express	MTO	7.25	3.74	5.19	25.95	4 working days	-	Apr 08, 2008
Bank Average		14.49	1.37	4.27	21.35
MTO Average		7.32	1.98	3.45	17.25
Total Average		7.97	1.93	3.52	17.60
First Quarter 2009		7.77	1.33	2.89	14.45

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