Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From MYMalaysia you can also send money to

Sending money from MALAYSIA to BANGLADESH

Data collected on: Feb 01, 2024-Mar 05, 2024
MYR | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
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.
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
10.003.28
-1.53
Percentage difference between market reference rate 25.41 and exchange rate charged 25.80
-1.53
0.110.11
0.670.22
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.003.28
0.63
Percentage difference between market reference rate 25.41 and exchange rate charged 25.25
0.63
2.272.27
13.854.54
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
10.003.28
0.63
Percentage difference between market reference rate 25.41 and exchange rate charged 25.25
0.63
2.272.27
13.854.54
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
10.003.28
0.63
Percentage difference between market reference rate 25.41 and exchange rate charged 25.25
0.63
2.272.27
13.854.54
Valyou
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
12.003.93
0.63
Percentage difference between market reference rate 25.41 and exchange rate charged 25.25
0.63
2.602.60
15.865.20
E-remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
12.003.93
0.63
Percentage difference between market reference rate 25.41 and exchange rate charged 25.25
0.63
2.602.60
15.865.20
Merchantrade Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.003.28
1.61
Percentage difference between market reference rate 25.41 and exchange rate charged 25.00
1.61
3.253.25
19.836.50
Valyou
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
10.003.28
1.61
Percentage difference between market reference rate 25.41 and exchange rate charged 25.00
1.61
3.253.25
19.836.50
Agrani Remittance House
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.28
2.56
Percentage difference between market reference rate 25.41 and exchange rate charged 24.76
2.56
4.204.20
25.628.40
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.003.28
9.29
Percentage difference between market reference rate 25.41 and exchange rate charged 23.05
9.29
10.9310.93
66.6721.86
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
5.001.64
10.11
Percentage difference between market reference rate 25.41 and exchange rate charged 22.84
10.11
10.9310.93
66.6721.86
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
5.001.64
10.20
Percentage difference between market reference rate 25.41 and exchange rate charged 22.82
10.20
11.0211.02
67.2222.04
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
5.001.64
10.20
Percentage difference between market reference rate 25.41 and exchange rate charged 22.82
10.20
11.0211.02
67.2222.04
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.64
10.44
Percentage difference between market reference rate 25.41 and exchange rate charged 22.76
10.44
11.2611.26
68.6922.52
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.64
10.44
Percentage difference between market reference rate 25.41 and exchange rate charged 22.76
10.44
11.2611.26
68.6922.52
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.64
10.44
Percentage difference between market reference rate 25.41 and exchange rate charged 22.76
10.44
11.2611.26
68.6922.52
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.64
10.44
Percentage difference between market reference rate 25.41 and exchange rate charged 22.76
10.44
11.2611.26
68.6922.52
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.64
10.44
Percentage difference between market reference rate 25.41 and exchange rate charged 22.76
10.44
11.2611.26
68.6922.52
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.64
10.44
Percentage difference between market reference rate 25.41 and exchange rate charged 22.76
10.44
11.2611.26
68.6922.52
Incentive Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.28
10.27
Percentage difference between market reference rate 25.41 and exchange rate charged 22.80
10.27
11.9111.91
72.6523.82
Incentive Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.28
10.27
Percentage difference between market reference rate 25.41 and exchange rate charged 22.80
10.27
11.9111.91
72.6523.82
NBL Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.28
10.27
Percentage difference between market reference rate 25.41 and exchange rate charged 22.80
10.27
11.9111.91
72.6523.82
IME (International Money Express)
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.003.28
10.27
Percentage difference between market reference rate 25.41 and exchange rate charged 22.80
10.27
11.9111.91
72.6523.82
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
13.424.40
10.08
Percentage difference between market reference rate 25.41 and exchange rate charged 22.85
10.08
12.2812.28
74.9124.56
E-remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.28
10.67
Percentage difference between market reference rate 25.41 and exchange rate charged 22.70
10.67
12.3112.31
75.0924.62
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
12.003.93
10.81
Percentage difference between market reference rate 25.41 and exchange rate charged 22.66
10.81
12.7812.78
77.9625.56
Maybank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.28
12.51
Percentage difference between market reference rate 25.41 and exchange rate charged 22.23
12.51
14.1514.15
86.3228.30
Al-Rajhi Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
30.009.84
10.63
Percentage difference between market reference rate 25.41 and exchange rate charged 22.71
10.63
15.5515.55
94.8631.10
Maybank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
30.009.84
12.56
Percentage difference between market reference rate 25.41 and exchange rate charged 22.22
12.56
17.4817.48
106.6334.96
Standard Chartered Bank
Firm type: Bank
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
30.009.84
12.63
Percentage difference between market reference rate 25.41 and exchange rate charged 22.20
12.63
17.5517.55
107.0635.10
Standard Chartered Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
30.009.84
12.63
Percentage difference between market reference rate 25.41 and exchange rate charged 22.20
12.63
17.5517.55
107.0635.10
CIMB Group (Cash Laju)
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.003.28
16.31
Percentage difference between market reference rate 25.41 and exchange rate charged 21.27
16.31
17.9517.95
109.5035.90
RHB Bank
Firm type: Bank
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
High
25.008.20
14.60
Percentage difference between market reference rate 25.41 and exchange rate charged 21.70
14.60
18.7018.70
114.0737.40
RHB Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
25.008.20
14.60
Percentage difference between market reference rate 25.41 and exchange rate charged 21.70
14.60
18.7018.70
114.0737.40
CIMB Group (Cash Laju)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
30.009.84
15.35
Percentage difference between market reference rate 25.41 and exchange rate charged 21.51
15.35
20.2720.27
123.6540.54
Total Average First Quarter
10.7810.78
Total Average Fourth Quarter 2023
12.1412.14
Total Average
Fee
12.704.16
Exchange Rate Margin (%)
8.698.69
Total Cost Percent (%)
10.7810.78
Total Cost (MYR) Total Cost (USD)
65.7421.55
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Next day 2 days 3-5 days
Bank account Cash Mobile wallet Own/partner bank account
Payment instrument
Access point
Sending network coverage
Receiving method
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
10.003.27
-1.53
Percentage difference between market reference rate 25.41 and exchange rate charged 25.80
-1.53
-0.88-0.88
-13.46-4.40
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.003.27
0.63
Percentage difference between market reference rate 25.41 and exchange rate charged 25.25
0.63
1.281.28
19.586.40
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
10.003.27
0.63
Percentage difference between market reference rate 25.41 and exchange rate charged 25.25
0.63
1.281.28
19.586.40
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
10.003.27
0.63
Percentage difference between market reference rate 25.41 and exchange rate charged 25.25
0.63
1.281.28
19.586.40
Valyou
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
20.006.54
0.63
Percentage difference between market reference rate 25.41 and exchange rate charged 25.25
0.63
1.941.94
29.689.70
E-remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
20.006.54
0.63
Percentage difference between market reference rate 25.41 and exchange rate charged 25.25
0.63
1.941.94
29.689.70
Merchantrade Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.004.90
1.61
Percentage difference between market reference rate 25.41 and exchange rate charged 25.00
1.61
2.592.59
39.6312.95
Valyou
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
15.004.90
1.61
Percentage difference between market reference rate 25.41 and exchange rate charged 25.00
1.61
2.592.59
39.6312.95
Agrani Remittance House
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.27
2.56
Percentage difference between market reference rate 25.41 and exchange rate charged 24.76
2.56
3.213.21
49.1116.05
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.003.27
9.29
Percentage difference between market reference rate 25.41 and exchange rate charged 23.05
9.29
9.949.94
152.0849.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
10.003.27
10.11
Percentage difference between market reference rate 25.41 and exchange rate charged 22.84
10.11
10.7610.76
164.6353.80
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.63
10.44
Percentage difference between market reference rate 25.41 and exchange rate charged 22.76
10.44
10.7710.77
164.7853.85
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.63
10.44
Percentage difference between market reference rate 25.41 and exchange rate charged 22.76
10.44
10.7710.77
164.7853.85
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.63
10.44
Percentage difference between market reference rate 25.41 and exchange rate charged 22.76
10.44
10.7710.77
164.7853.85
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.63
10.44
Percentage difference between market reference rate 25.41 and exchange rate charged 22.76
10.44
10.7710.77
164.7853.85
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.63
10.44
Percentage difference between market reference rate 25.41 and exchange rate charged 22.76
10.44
10.7710.77
164.7853.85
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.63
10.44
Percentage difference between market reference rate 25.41 and exchange rate charged 22.76
10.44
10.7710.77
164.7853.85
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.27
10.20
Percentage difference between market reference rate 25.41 and exchange rate charged 22.82
10.20
10.8510.85
166.0154.25
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.27
10.20
Percentage difference between market reference rate 25.41 and exchange rate charged 22.82
10.20
10.8510.85
166.0154.25
Incentive Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.27
10.27
Percentage difference between market reference rate 25.41 and exchange rate charged 22.80
10.27
10.9210.92
167.0854.60
Incentive Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.27
10.27
Percentage difference between market reference rate 25.41 and exchange rate charged 22.80
10.27
10.9210.92
167.0854.60
NBL Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.27
10.27
Percentage difference between market reference rate 25.41 and exchange rate charged 22.80
10.27
10.9210.92
167.0854.60
IME (International Money Express)
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.003.27
10.27
Percentage difference between market reference rate 25.41 and exchange rate charged 22.80
10.27
10.9210.92
167.0854.60
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
21.477.02
10.08
Percentage difference between market reference rate 25.41 and exchange rate charged 22.85
10.08
11.4811.48
175.6457.40
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
12.003.92
10.81
Percentage difference between market reference rate 25.41 and exchange rate charged 22.66
10.81
11.5911.59
177.3357.95
E-remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
15.004.90
10.67
Percentage difference between market reference rate 25.41 and exchange rate charged 22.70
10.67
11.6511.65
178.2558.25
Al-Rajhi Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
30.009.80
10.63
Percentage difference between market reference rate 25.41 and exchange rate charged 22.71
10.63
12.5912.59
192.6362.95
Maybank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.27
12.51
Percentage difference between market reference rate 25.41 and exchange rate charged 22.23
12.51
13.1613.16
201.3565.80
Maybank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
30.009.80
12.56
Percentage difference between market reference rate 25.41 and exchange rate charged 22.22
12.56
14.5214.52
222.1672.60
Standard Chartered Bank
Firm type: Bank
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
30.009.80
12.63
Percentage difference between market reference rate 25.41 and exchange rate charged 22.20
12.63
14.5914.59
223.2372.95
Standard Chartered Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
30.009.80
12.63
Percentage difference between market reference rate 25.41 and exchange rate charged 22.20
12.63
14.5914.59
223.2372.95
RHB Bank
Firm type: Bank
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
High
25.008.17
14.60
Percentage difference between market reference rate 25.41 and exchange rate charged 21.70
14.60
16.2316.23
248.3281.15
RHB Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
25.008.17
14.60
Percentage difference between market reference rate 25.41 and exchange rate charged 21.70
14.60
16.2316.23
248.3281.15
CIMB Group (Cash Laju)
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.003.27
16.31
Percentage difference between market reference rate 25.41 and exchange rate charged 21.27
16.31
16.9616.96
259.4984.80
CIMB Group (Cash Laju)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
30.009.80
15.35
Percentage difference between market reference rate 25.41 and exchange rate charged 21.51
15.35
17.3117.31
264.8486.55
Total Average First Quarter
9.629.62
Total Average Fourth Quarter 2023
11.0311.03
Total Average
Fee
14.244.65
Exchange Rate Margin (%)
8.698.69
Total Cost Percent (%)
9.629.62
Total Cost (MYR) Total Cost (USD)
147.2448.12
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Next day 2 days 3-5 days
Bank account Cash Mobile wallet Own/partner bank account