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 22, 2023-Sep 05, 2023
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.
Valyou
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
10.003.28
3.82
Percentage difference between market reference rate 25.16 and exchange rate charged 24.20
3.82
5.465.46
33.3110.92
Valyou
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
12.003.93
3.62
Percentage difference between market reference rate 25.16 and exchange rate charged 24.25
3.62
5.595.59
34.1011.18
E-remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
12.003.93
3.82
Percentage difference between market reference rate 25.16 and exchange rate charged 24.20
3.82
5.795.79
35.3211.58
Prabhu Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
2.000.66
6.20
Percentage difference between market reference rate 25.16 and exchange rate charged 23.60
6.20
6.536.53
39.8313.06
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
5.001.64
6.51
Percentage difference between market reference rate 25.16 and exchange rate charged 23.52
6.51
7.337.33
44.7114.66
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
5.001.64
6.61
Percentage difference between market reference rate 25.16 and exchange rate charged 23.50
6.61
7.437.43
45.3214.86
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
5.001.64
6.61
Percentage difference between market reference rate 25.16 and exchange rate charged 23.50
6.61
7.437.43
45.3214.86
CBL Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
7.002.30
6.68
Percentage difference between market reference rate 25.16 and exchange rate charged 23.48
6.68
7.837.83
47.7615.66
Incentive Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.28
6.60
Percentage difference between market reference rate 25.16 and exchange rate charged 23.50
6.60
8.248.24
50.2616.48
NBL Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.28
6.80
Percentage difference between market reference rate 25.16 and exchange rate charged 23.45
6.80
8.448.44
51.4816.88
Agrani Remittance House
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.28
6.80
Percentage difference between market reference rate 25.16 and exchange rate charged 23.45
6.80
8.448.44
51.4816.88
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
13.394.39
6.34
Percentage difference between market reference rate 25.16 and exchange rate charged 23.56
6.34
8.548.54
52.0917.08
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
12.003.93
6.66
Percentage difference between market reference rate 25.16 and exchange rate charged 23.48
6.66
8.638.63
52.6417.26
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
7.00
Percentage difference between market reference rate 25.16 and exchange rate charged 23.40
7.00
8.648.64
52.7017.28
Incentive Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.28
7.00
Percentage difference between market reference rate 25.16 and exchange rate charged 23.40
7.00
8.648.64
52.7017.28
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.003.28
7.00
Percentage difference between market reference rate 25.16 and exchange rate charged 23.40
7.00
8.648.64
52.7017.28
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
12.003.93
6.76
Percentage difference between market reference rate 25.16 and exchange rate charged 23.46
6.76
8.738.73
53.2517.46
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.64
7.96
Percentage difference between market reference rate 25.16 and exchange rate charged 23.16
7.96
8.788.78
53.5617.56
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.64
7.96
Percentage difference between market reference rate 25.16 and exchange rate charged 23.16
7.96
8.788.78
53.5617.56
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.64
7.96
Percentage difference between market reference rate 25.16 and exchange rate charged 23.16
7.96
8.788.78
53.5617.56
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.64
7.96
Percentage difference between market reference rate 25.16 and exchange rate charged 23.16
7.96
8.788.78
53.5617.56
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.64
7.96
Percentage difference between market reference rate 25.16 and exchange rate charged 23.16
7.96
8.788.78
53.5617.56
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.64
7.96
Percentage difference between market reference rate 25.16 and exchange rate charged 23.16
7.96
8.788.78
53.5617.56
E-remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.28
7.19
Percentage difference between market reference rate 25.16 and exchange rate charged 23.35
7.19
8.838.83
53.8617.66
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
10.003.28
7.23
Percentage difference between market reference rate 25.16 and exchange rate charged 23.34
7.23
8.878.87
54.1117.74
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
10.003.28
7.23
Percentage difference between market reference rate 25.16 and exchange rate charged 23.34
7.23
8.878.87
54.1117.74
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.003.28
7.39
Percentage difference between market reference rate 25.16 and exchange rate charged 23.30
7.39
9.039.03
55.0818.06
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
10.003.28
7.39
Percentage difference between market reference rate 25.16 and exchange rate charged 23.30
7.39
9.039.03
55.0818.06
Merchantrade Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.003.28
7.39
Percentage difference between market reference rate 25.16 and exchange rate charged 23.30
7.39
9.039.03
55.0818.06
Maybank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
10.003.28
9.26
Percentage difference between market reference rate 25.16 and exchange rate charged 22.83
9.26
10.9010.90
66.4921.80
Maybank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.28
9.28
Percentage difference between market reference rate 25.16 and exchange rate charged 22.83
9.28
10.9210.92
66.6121.84
Al-Rajhi Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
30.009.84
7.35
Percentage difference between market reference rate 25.16 and exchange rate charged 23.31
7.35
12.2712.27
74.8524.54
Standard Chartered Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
30.009.84
9.78
Percentage difference between market reference rate 25.16 and exchange rate charged 22.70
9.78
14.7014.70
89.6729.40
Standard Chartered Bank
Firm type: Bank
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
30.009.84
9.78
Percentage difference between market reference rate 25.16 and exchange rate charged 22.70
9.78
14.7014.70
89.6729.40
CIMB Group (Cash Laju)
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.003.28
13.73
Percentage difference between market reference rate 25.16 and exchange rate charged 21.70
13.73
15.3715.37
93.7630.74
RHB Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
25.008.20
11.57
Percentage difference between market reference rate 25.16 and exchange rate charged 22.25
11.57
15.6715.67
95.5931.34
RHB Bank
Firm type: Bank
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
High
25.008.20
11.57
Percentage difference between market reference rate 25.16 and exchange rate charged 22.25
11.57
15.6715.67
95.5931.34
CIMB Group (Cash Laju)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
30.009.84
13.71
Percentage difference between market reference rate 25.16 and exchange rate charged 21.71
13.71
18.6318.63
113.6437.26
Total Average Third Quarter 2023
9.629.62
Total Average Second Quarter 2023
3.123.12
Total Average
Fee
11.723.84
Exchange Rate Margin (%)
7.707.70
Total Cost Percent (%)
9.629.62
Total Cost (MYR) Total Cost (USD)
58.6719.24
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Same day 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
Valyou
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
15.004.90
3.82
Percentage difference between market reference rate 25.16 and exchange rate charged 24.20
3.82
4.804.80
73.4424.00
Valyou
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
20.006.54
3.62
Percentage difference between market reference rate 25.16 and exchange rate charged 24.25
3.62
4.934.93
75.4324.65
E-remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
20.006.54
3.82
Percentage difference between market reference rate 25.16 and exchange rate charged 24.20
3.82
5.135.13
78.4925.65
CBL Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
7.002.29
6.68
Percentage difference between market reference rate 25.16 and exchange rate charged 23.48
6.68
7.147.14
109.2435.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
10.003.27
6.51
Percentage difference between market reference rate 25.16 and exchange rate charged 23.52
6.51
7.167.16
109.5535.80
Incentive Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.27
6.60
Percentage difference between market reference rate 25.16 and exchange rate charged 23.50
6.60
7.257.25
110.9336.25
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.27
6.61
Percentage difference between market reference rate 25.16 and exchange rate charged 23.50
6.61
7.267.26
111.0836.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.27
6.61
Percentage difference between market reference rate 25.16 and exchange rate charged 23.50
6.61
7.267.26
111.0836.30
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
12.003.92
6.66
Percentage difference between market reference rate 25.16 and exchange rate charged 23.48
6.66
7.447.44
113.8337.20
NBL Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.27
6.80
Percentage difference between market reference rate 25.16 and exchange rate charged 23.45
6.80
7.457.45
113.9937.25
Agrani Remittance House
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.27
6.80
Percentage difference between market reference rate 25.16 and exchange rate charged 23.45
6.80
7.457.45
113.9937.25
Prabhu Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
20.006.54
6.20
Percentage difference between market reference rate 25.16 and exchange rate charged 23.60
6.20
7.517.51
114.9037.55
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
12.003.92
6.76
Percentage difference between market reference rate 25.16 and exchange rate charged 23.46
6.76
7.547.54
115.3637.70
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.003.27
7.00
Percentage difference between market reference rate 25.16 and exchange rate charged 23.40
7.00
7.657.65
117.0538.25
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
7.00
Percentage difference between market reference rate 25.16 and exchange rate charged 23.40
7.00
7.657.65
117.0538.25
Incentive Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.27
7.00
Percentage difference between market reference rate 25.16 and exchange rate charged 23.40
7.00
7.657.65
117.0538.25
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
21.417.00
6.34
Percentage difference between market reference rate 25.16 and exchange rate charged 23.56
6.34
7.747.74
118.4238.70
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
10.003.27
7.23
Percentage difference between market reference rate 25.16 and exchange rate charged 23.34
7.23
7.887.88
120.5639.40
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
10.003.27
7.23
Percentage difference between market reference rate 25.16 and exchange rate charged 23.34
7.23
7.887.88
120.5639.40
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.003.27
7.39
Percentage difference between market reference rate 25.16 and exchange rate charged 23.30
7.39
8.048.04
123.0140.20
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
10.003.27
7.39
Percentage difference between market reference rate 25.16 and exchange rate charged 23.30
7.39
8.048.04
123.0140.20
E-remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
15.004.90
7.19
Percentage difference between market reference rate 25.16 and exchange rate charged 23.35
7.19
8.178.17
125.0040.85
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.63
7.96
Percentage difference between market reference rate 25.16 and exchange rate charged 23.16
7.96
8.298.29
126.8441.45
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.63
7.96
Percentage difference between market reference rate 25.16 and exchange rate charged 23.16
7.96
8.298.29
126.8441.45
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.63
7.96
Percentage difference between market reference rate 25.16 and exchange rate charged 23.16
7.96
8.298.29
126.8441.45
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.63
7.96
Percentage difference between market reference rate 25.16 and exchange rate charged 23.16
7.96
8.298.29
126.8441.45
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.63
7.96
Percentage difference between market reference rate 25.16 and exchange rate charged 23.16
7.96
8.298.29
126.8441.45
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
5.001.63
7.96
Percentage difference between market reference rate 25.16 and exchange rate charged 23.16
7.96
8.298.29
126.8441.45
Merchantrade Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.004.90
7.39
Percentage difference between market reference rate 25.16 and exchange rate charged 23.30
7.39
8.378.37
128.0641.85
Al-Rajhi Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
30.009.80
7.35
Percentage difference between market reference rate 25.16 and exchange rate charged 23.31
7.35
9.319.31
142.4446.55
Maybank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
10.003.27
9.26
Percentage difference between market reference rate 25.16 and exchange rate charged 22.83
9.26
9.919.91
151.6249.55
Maybank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.27
9.28
Percentage difference between market reference rate 25.16 and exchange rate charged 22.83
9.28
9.939.93
151.9349.65
Standard Chartered Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
30.009.80
9.78
Percentage difference between market reference rate 25.16 and exchange rate charged 22.70
9.78
11.7411.74
179.6258.70
Standard Chartered Bank
Firm type: Bank
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
30.009.80
9.78
Percentage difference between market reference rate 25.16 and exchange rate charged 22.70
9.78
11.7411.74
179.6258.70
RHB Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
25.008.17
11.57
Percentage difference between market reference rate 25.16 and exchange rate charged 22.25
11.57
13.2013.20
201.9666.00
RHB Bank
Firm type: Bank
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
High
25.008.17
11.57
Percentage difference between market reference rate 25.16 and exchange rate charged 22.25
11.57
13.2013.20
201.9666.00
CIMB Group (Cash Laju)
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
10.003.27
13.73
Percentage difference between market reference rate 25.16 and exchange rate charged 21.70
13.73
14.3814.38
220.0171.90
CIMB Group (Cash Laju)
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
30.009.80
13.71
Percentage difference between market reference rate 25.16 and exchange rate charged 21.71
13.71
15.6715.67
239.7578.35
Total Average Third Quarter 2023
8.588.58
Total Average Second Quarter 2023
2.242.24
Total Average
Fee
13.624.45
Exchange Rate Margin (%)
7.707.70
Total Cost Percent (%)
8.588.58
Total Cost (MYR) Total Cost (USD)
131.3442.92
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash Mobile wallet Own/partner bank account