Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From MYMalaysia you can also send money to

Sending money from MALAYSIA to BANGLADESH

Data collected on: Aug 17, 2022-Sep 04, 2022
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.
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.001.64
1.01
Percentage difference between market reference rate 24.78 and exchange rate charged 24.53
1.01
1.831.83
11.163.66
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
5.001.64
1.12
Percentage difference between market reference rate 24.78 and exchange rate charged 24.50
1.12
1.941.94
11.833.88
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
5.001.64
1.12
Percentage difference between market reference rate 24.78 and exchange rate charged 24.50
1.12
1.941.94
11.833.88
Agrani Remittance House
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.28
1.12
Percentage difference between market reference rate 24.78 and exchange rate charged 24.50
1.12
2.762.76
16.845.52
IME (International Money Express)
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.001.64
2.33
Percentage difference between market reference rate 24.78 and exchange rate charged 24.20
2.33
3.153.15
19.226.30
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
12.003.93
1.52
Percentage difference between market reference rate 24.78 and exchange rate charged 24.40
1.52
3.493.49
21.296.98
Merchantrade Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.003.28
1.92
Percentage difference between market reference rate 24.78 and exchange rate charged 24.30
1.92
3.563.56
21.727.12
E-remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.28
2.33
Percentage difference between market reference rate 24.78 and exchange rate charged 24.20
2.33
3.973.97
24.227.94
ValYou
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
10.003.28
2.33
Percentage difference between market reference rate 24.78 and exchange rate charged 24.20
2.33
3.973.97
24.227.94
ValYou
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.28
2.33
Percentage difference between market reference rate 24.78 and exchange rate charged 24.20
2.33
3.973.97
24.227.94
E-remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
12.003.93
2.33
Percentage difference between market reference rate 24.78 and exchange rate charged 24.20
2.33
4.304.30
26.238.60
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.003.28
13.95
Percentage difference between market reference rate 24.78 and exchange rate charged 21.32
13.95
15.5915.59
95.1031.18
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.64
14.81
Percentage difference between market reference rate 24.78 and exchange rate charged 21.11
14.81
15.6315.63
95.3431.26
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.64
14.81
Percentage difference between market reference rate 24.78 and exchange rate charged 21.11
14.81
15.6315.63
95.3431.26
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.64
14.81
Percentage difference between market reference rate 24.78 and exchange rate charged 21.11
14.81
15.6315.63
95.3431.26
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
5.001.64
15.00
Percentage difference between market reference rate 24.78 and exchange rate charged 21.06
15.00
15.8215.82
96.5031.64
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
12.624.14
14.31
Percentage difference between market reference rate 24.78 and exchange rate charged 21.23
14.31
16.3716.37
99.8632.74
CBL Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
10.003.28
14.80
Percentage difference between market reference rate 24.78 and exchange rate charged 21.11
14.80
16.4416.44
100.2832.88
NBL Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.28
14.84
Percentage difference between market reference rate 24.78 and exchange rate charged 21.10
14.84
16.4816.48
100.5332.96
Prabhu Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
2.000.66
16.17
Percentage difference between market reference rate 24.78 and exchange rate charged 20.77
16.17
16.5016.50
100.6533.00
Incentive Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
10.003.28
15.65
Percentage difference between market reference rate 24.78 and exchange rate charged 20.90
15.65
17.2917.29
105.4734.58
Incentive Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.28
15.65
Percentage difference between market reference rate 24.78 and exchange rate charged 20.90
15.65
17.2917.29
105.4734.58
Maybank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.28
15.97
Percentage difference between market reference rate 24.78 and exchange rate charged 20.82
15.97
17.6117.61
107.4235.22
Maybank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
10.003.28
15.97
Percentage difference between market reference rate 24.78 and exchange rate charged 20.82
15.97
17.6117.61
107.4235.22
CIMB Group (Cash Laju)
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
10.003.28
16.01
Percentage difference between market reference rate 24.78 and exchange rate charged 20.81
16.01
17.6517.65
107.6735.30
RHB Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
25.008.20
15.24
Percentage difference between market reference rate 24.78 and exchange rate charged 21.00
15.24
19.3419.34
117.9738.68
Maybank Money Express
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Bank branch
Medium
30.009.84
15.97
Percentage difference between market reference rate 24.78 and exchange rate charged 20.82
15.97
20.8920.89
127.4341.78
Standard Chartered Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
30.009.84
16.53
Percentage difference between market reference rate 24.78 and exchange rate charged 20.68
16.53
21.4521.45
130.8542.90
Al-Rajhi Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
31.8010.43
16.45
Percentage difference between market reference rate 24.78 and exchange rate charged 20.70
16.45
21.6721.67
132.1943.34
Total Average Third Quarter
12.0612.06
Total Average Second Quarter
2.352.35
Total Average
Fee
11.223.68
Exchange Rate Margin (%)
10.2210.22
Total Cost Percent (%)
12.0612.06
Total Cost (MYR) Total Cost (USD)
73.5724.12
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days 6 days or more
Bank account Cash Mobile wallet Own/partner bank account
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.003.27
1.01
Percentage difference between market reference rate 24.78 and exchange rate charged 24.53
1.01
1.661.66
25.408.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.27
1.12
Percentage difference between market reference rate 24.78 and exchange rate charged 24.50
1.12
1.771.77
27.088.85
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
10.003.27
1.12
Percentage difference between market reference rate 24.78 and exchange rate charged 24.50
1.12
1.771.77
27.088.85
Agrani Remittance House
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.27
1.12
Percentage difference between market reference rate 24.78 and exchange rate charged 24.50
1.12
1.771.77
27.088.85
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
12.003.92
1.52
Percentage difference between market reference rate 24.78 and exchange rate charged 24.40
1.52
2.312.31
35.3411.55
Merchantrade Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.004.90
1.92
Percentage difference between market reference rate 24.78 and exchange rate charged 24.30
1.92
2.902.90
44.3714.50
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
2.33
Percentage difference between market reference rate 24.78 and exchange rate charged 24.20
2.33
2.982.98
45.5914.90
E-remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
15.004.90
2.33
Percentage difference between market reference rate 24.78 and exchange rate charged 24.20
2.33
3.313.31
50.6416.55
ValYou
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
15.004.90
2.33
Percentage difference between market reference rate 24.78 and exchange rate charged 24.20
2.33
3.313.31
50.6416.55
ValYou
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
15.004.90
2.33
Percentage difference between market reference rate 24.78 and exchange rate charged 24.20
2.33
3.313.31
50.6416.55
E-remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
20.006.54
2.33
Percentage difference between market reference rate 24.78 and exchange rate charged 24.20
2.33
3.643.64
55.6918.20
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.003.27
13.95
Percentage difference between market reference rate 24.78 and exchange rate charged 21.32
13.95
14.6114.61
223.5373.05
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.63
14.81
Percentage difference between market reference rate 24.78 and exchange rate charged 21.11
14.81
15.1415.14
231.6475.70
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.63
14.81
Percentage difference between market reference rate 24.78 and exchange rate charged 21.11
14.81
15.1415.14
231.6475.70
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.63
14.81
Percentage difference between market reference rate 24.78 and exchange rate charged 21.11
14.81
15.1415.14
231.6475.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
5.001.63
15.00
Percentage difference between market reference rate 24.78 and exchange rate charged 21.06
15.00
15.3315.33
234.5576.65
CBL Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
10.003.27
14.80
Percentage difference between market reference rate 24.78 and exchange rate charged 21.11
14.80
15.4515.45
236.3977.25
NBL Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.27
14.84
Percentage difference between market reference rate 24.78 and exchange rate charged 21.10
14.84
15.4915.49
237.0077.45
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
20.016.54
14.31
Percentage difference between market reference rate 24.78 and exchange rate charged 21.23
14.31
15.6115.61
238.8378.05
Incentive Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
10.003.27
15.65
Percentage difference between market reference rate 24.78 and exchange rate charged 20.90
15.65
16.3016.30
249.3981.50
Incentive Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.27
15.65
Percentage difference between market reference rate 24.78 and exchange rate charged 20.90
15.65
16.3016.30
249.3981.50
Maybank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.27
15.97
Percentage difference between market reference rate 24.78 and exchange rate charged 20.82
15.97
16.6216.62
254.2983.10
Maybank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
10.003.27
15.97
Percentage difference between market reference rate 24.78 and exchange rate charged 20.82
15.97
16.6216.62
254.2983.10
CIMB Group (Cash Laju)
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
10.003.27
16.01
Percentage difference between market reference rate 24.78 and exchange rate charged 20.81
16.01
16.6616.66
254.9083.30
RHB Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
25.008.17
15.24
Percentage difference between market reference rate 24.78 and exchange rate charged 21.00
15.24
16.8816.88
258.2684.40
Prabhu Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
20.006.54
16.17
Percentage difference between market reference rate 24.78 and exchange rate charged 20.77
16.17
17.4817.48
267.4487.40
Maybank Money Express
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Bank branch
Medium
30.009.80
15.97
Percentage difference between market reference rate 24.78 and exchange rate charged 20.82
15.97
17.9317.93
274.3389.65
Standard Chartered Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
30.009.80
16.53
Percentage difference between market reference rate 24.78 and exchange rate charged 20.68
16.53
18.5018.50
283.0592.50
Al-Rajhi Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
31.8010.39
16.45
Percentage difference between market reference rate 24.78 and exchange rate charged 20.70
16.45
18.5318.53
283.5192.65
Total Average Third Quarter
11.1211.12
Total Average Second Quarter
1.371.37
Total Average
Fee
13.754.49
Exchange Rate Margin (%)
10.2210.22
Total Cost Percent (%)
11.1211.12
Total Cost (MYR) Total Cost (USD)
170.1255.60
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days 6 days or more
Bank account Cash Mobile wallet Own/partner bank account