Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From MYMalaysia you can also send money to
Transfer money

Sending money from MALAYSIA to MYANMAR

Data collected on: May 15, 2024-Jun 05, 2024
MYR | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (MYR)sort descendingTotal cost (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
5.001.64
Exchange rate margin (%)
14.57
Percentage difference between market reference rate 868.69 and exchange rate charged 742.1314.57
Total cost (%)
15.3915.39
Total cost (MYR)sort descendingTotal cost (USD)sort descending
93.8830.78
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
12.003.93
Exchange rate margin (%)
14.01
Percentage difference between market reference rate 868.69 and exchange rate charged 747.0014.01
Total cost (%)
15.9815.98
Total cost (MYR)sort descendingTotal cost (USD)sort descending
97.4831.96
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
12.003.93
Exchange rate margin (%)
14.01
Percentage difference between market reference rate 868.69 and exchange rate charged 747.0014.01
Total cost (%)
15.9815.98
Total cost (MYR)sort descendingTotal cost (USD)sort descending
97.4831.96
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
12.003.93
Exchange rate margin (%)
14.01
Percentage difference between market reference rate 868.69 and exchange rate charged 747.0014.01
Total cost (%)
15.9815.98
Total cost (MYR)sort descendingTotal cost (USD)sort descending
97.4831.96
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
12.003.93
Exchange rate margin (%)
14.01
Percentage difference between market reference rate 868.69 and exchange rate charged 747.0014.01
Total cost (%)
15.9815.98
Total cost (MYR)sort descendingTotal cost (USD)sort descending
97.4831.96
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
12.003.93
Exchange rate margin (%)
14.12
Percentage difference between market reference rate 868.69 and exchange rate charged 746.0014.12
Total cost (%)
16.0916.09
Total cost (MYR)sort descendingTotal cost (USD)sort descending
98.1532.18
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
12.003.93
Exchange rate margin (%)
14.39
Percentage difference between market reference rate 868.69 and exchange rate charged 743.7314.39
Total cost (%)
16.3616.36
Total cost (MYR)sort descendingTotal cost (USD)sort descending
99.8032.72
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
5.001.64
Exchange rate margin (%)
15.75
Percentage difference between market reference rate 868.69 and exchange rate charged 731.8315.75
Total cost (%)
16.5716.57
Total cost (MYR)sort descendingTotal cost (USD)sort descending
101.0833.14
Firm
E-remit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12.003.93
Exchange rate margin (%)
15.16
Percentage difference between market reference rate 868.69 and exchange rate charged 737.0015.16
Total cost (%)
17.1317.13
Total cost (MYR)sort descendingTotal cost (USD)sort descending
104.4934.26
Firm
E-remit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12.003.93
Exchange rate margin (%)
15.62
Percentage difference between market reference rate 868.69 and exchange rate charged 733.0015.62
Total cost (%)
17.5917.59
Total cost (MYR)sort descendingTotal cost (USD)sort descending
107.3035.18
Total Average Second Quarter
16.3116.31
Total Average First Quarter
7.857.85
Total Average
Fee
10.603.48
Exchange Rate Margin (%)
14.5714.57
Total Cost Percent (%)
16.3116.31
Total Cost (MYR) Total Cost (USD)
99.4632.61
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Next day
Bank account Cash Mobile wallet
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (MYR)sort descendingTotal cost (USD)sort descending
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
12.003.92
Exchange rate margin (%)
14.01
Percentage difference between market reference rate 868.69 and exchange rate charged 747.0014.01
Total cost (%)
14.7914.79
Total cost (MYR)sort descendingTotal cost (USD)sort descending
226.2973.95
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
12.003.92
Exchange rate margin (%)
14.01
Percentage difference between market reference rate 868.69 and exchange rate charged 747.0014.01
Total cost (%)
14.7914.79
Total cost (MYR)sort descendingTotal cost (USD)sort descending
226.2973.95
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
12.003.92
Exchange rate margin (%)
14.01
Percentage difference between market reference rate 868.69 and exchange rate charged 747.0014.01
Total cost (%)
14.7914.79
Total cost (MYR)sort descendingTotal cost (USD)sort descending
226.2973.95
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
12.003.92
Exchange rate margin (%)
14.01
Percentage difference between market reference rate 868.69 and exchange rate charged 747.0014.01
Total cost (%)
14.7914.79
Total cost (MYR)sort descendingTotal cost (USD)sort descending
226.2973.95
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
12.003.92
Exchange rate margin (%)
14.12
Percentage difference between market reference rate 868.69 and exchange rate charged 746.0014.12
Total cost (%)
14.9014.90
Total cost (MYR)sort descendingTotal cost (USD)sort descending
227.9774.50
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
12.003.92
Exchange rate margin (%)
14.39
Percentage difference between market reference rate 868.69 and exchange rate charged 743.7314.39
Total cost (%)
15.1715.17
Total cost (MYR)sort descendingTotal cost (USD)sort descending
232.1075.85
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.003.27
Exchange rate margin (%)
14.57
Percentage difference between market reference rate 868.69 and exchange rate charged 742.1314.57
Total cost (%)
15.2215.22
Total cost (MYR)sort descendingTotal cost (USD)sort descending
232.8776.10
Firm
E-remit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12.003.92
Exchange rate margin (%)
15.16
Percentage difference between market reference rate 868.69 and exchange rate charged 737.0015.16
Total cost (%)
15.9415.94
Total cost (MYR)sort descendingTotal cost (USD)sort descending
243.8879.70
Firm
E-remit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12.003.92
Exchange rate margin (%)
15.62
Percentage difference between market reference rate 868.69 and exchange rate charged 733.0015.62
Total cost (%)
16.4016.40
Total cost (MYR)sort descendingTotal cost (USD)sort descending
250.9282.00
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.003.27
Exchange rate margin (%)
15.75
Percentage difference between market reference rate 868.69 and exchange rate charged 731.8315.75
Total cost (%)
16.4016.40
Total cost (MYR)sort descendingTotal cost (USD)sort descending
250.9282.00
Total Average Second Quarter
15.3215.32
Total Average First Quarter
6.866.86
Total Average
Fee
11.603.79
Exchange Rate Margin (%)
14.5714.57
Total Cost Percent (%)
15.3215.32
Total Cost (MYR) Total Cost (USD)
234.3876.60
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Next day
Bank account Cash Mobile wallet
Least Costly Corridors To Myanmar
Least Costly Corridors From Malaysia
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