Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From myMY you can also send money to
Transfer money

Sending money from MALAYSIA to BANGLADESH

Data collected on: Jul 08, 2025 - Sep 01, 2025
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 descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
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
10.00
Exchange rate margin(%)
3.41
Percentage difference between market reference rate 29.95 and exchange rate charged 28.93
Total cost (%)
5.05
Total cost (MYR)sort descending
30.80
Firm
NBL Money Transfer
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Disbursing network coverage
High 
Fee
10.00
Exchange rate margin(%)
3.68
Percentage difference between market reference rate 29.95 and exchange rate charged 28.85
Total cost (%)
5.32
Total cost (MYR)sort descending
32.45
Firm
Agrani Remittance House
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Disbursing network coverage
High 
Fee
10.00
Exchange rate margin(%)
3.68
Percentage difference between market reference rate 29.95 and exchange rate charged 28.85
Total cost (%)
5.32
Total cost (MYR)sort descending
32.45
Firm
Wise
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Disbursing network coverage
High 
Fee
18.17
Exchange rate margin(%)
3.84
Percentage difference between market reference rate 29.95 and exchange rate charged 28.80
Total cost (%)
6.82
Total cost (MYR)sort descending
41.59
Firm
Merchantrade Money Transfer
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
10.00
Exchange rate margin(%)
3.85
Percentage difference between market reference rate 29.95 and exchange rate charged 28.80
Total cost (%)
5.49
Total cost (MYR)sort descending
33.49
Firm
CBL Money Transfer
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Disbursing network coverage
High 
Fee
9.00
Exchange rate margin(%)
4.02
Percentage difference between market reference rate 29.95 and exchange rate charged 28.75
Total cost (%)
5.50
Total cost (MYR)sort descending
33.52
Firm
CBL Money Transfer
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Disbursing network coverage
Medium 
Fee
9.00
Exchange rate margin(%)
4.02
Percentage difference between market reference rate 29.95 and exchange rate charged 28.75
Total cost (%)
5.50
Total cost (MYR)sort descending
33.52
Firm
CBL Money Transfer
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Disbursing network coverage
High 
Fee
9.00
Exchange rate margin(%)
4.02
Percentage difference between market reference rate 29.95 and exchange rate charged 28.75
Total cost (%)
5.50
Total cost (MYR)sort descending
33.52
Firm
E-remit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Disbursing network coverage
Medium 
Fee
12.00
Exchange rate margin(%)
4.08
Percentage difference between market reference rate 29.95 and exchange rate charged 28.73
Total cost (%)
6.05
Total cost (MYR)sort descending
36.89
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
15.00
Exchange rate margin(%)
4.09
Percentage difference between market reference rate 29.95 and exchange rate charged 28.73
Total cost (%)
6.55
Total cost (MYR)sort descending
39.95
Firm
ValYou
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Disbursing network coverage
High 
Fee
10.00
Exchange rate margin(%)
4.18
Percentage difference between market reference rate 29.95 and exchange rate charged 28.70
Total cost (%)
5.82
Total cost (MYR)sort descending
35.50
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
5.00
Exchange rate margin(%)
4.33
Percentage difference between market reference rate 29.95 and exchange rate charged 28.66
Total cost (%)
5.15
Total cost (MYR)sort descending
31.41
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
20.00
Exchange rate margin(%)
4.57
Percentage difference between market reference rate 29.95 and exchange rate charged 28.59
Total cost (%)
7.85
Total cost (MYR)sort descending
47.88
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Disbursing network coverage
Medium 
Fee
5.00
Exchange rate margin(%)
4.61
Percentage difference between market reference rate 29.95 and exchange rate charged 28.57
Total cost (%)
5.43
Total cost (MYR)sort descending
33.12
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Disbursing network coverage
Medium 
Fee
5.00
Exchange rate margin(%)
4.61
Percentage difference between market reference rate 29.95 and exchange rate charged 28.57
Total cost (%)
5.43
Total cost (MYR)sort descending
33.12
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
10.00
Exchange rate margin(%)
4.68
Percentage difference between market reference rate 29.95 and exchange rate charged 28.55
Total cost (%)
6.32
Total cost (MYR)sort descending
38.55
Firm
ValYou
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
10.00
Exchange rate margin(%)
4.68
Percentage difference between market reference rate 29.95 and exchange rate charged 28.55
Total cost (%)
6.32
Total cost (MYR)sort descending
38.55
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
5.00
Exchange rate margin(%)
4.75
Percentage difference between market reference rate 29.95 and exchange rate charged 28.53
Total cost (%)
5.57
Total cost (MYR)sort descending
33.97
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
10.00
Exchange rate margin(%)
4.85
Percentage difference between market reference rate 29.95 and exchange rate charged 28.50
Total cost (%)
6.49
Total cost (MYR)sort descending
39.59
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Disbursing network coverage
High 
Fee
10.00
Exchange rate margin(%)
4.85
Percentage difference between market reference rate 29.95 and exchange rate charged 28.50
Total cost (%)
6.49
Total cost (MYR)sort descending
39.59
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
10.00
Exchange rate margin(%)
5.18
Percentage difference between market reference rate 29.95 and exchange rate charged 28.40
Total cost (%)
6.82
Total cost (MYR)sort descending
41.60
Firm
IME (International Money Express)
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
12.00
Exchange rate margin(%)
5.18
Percentage difference between market reference rate 29.95 and exchange rate charged 28.40
Total cost (%)
7.15
Total cost (MYR)sort descending
43.60
Firm
MoneyMatch Transfer
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Disbursing network coverage
Medium 
Fee
8.00
Exchange rate margin(%)
5.39
Percentage difference between market reference rate 29.95 and exchange rate charged 28.34
Total cost (%)
6.70
Total cost (MYR)sort descending
40.88
Firm
Standard Chartered Bank
Firm type: Bank
 
Payment instrument
Access point
Call Center
Sending network coverage
High 
Transfer speed
Receiving method
Disbursing network coverage
Medium 
Fee
30.00
Exchange rate margin(%)
7.19
Percentage difference between market reference rate 29.95 and exchange rate charged 27.80
Total cost (%)
12.11
Total cost (MYR)sort descending
73.86
Firm
Standard Chartered Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Disbursing network coverage
Medium 
Fee
30.00
Exchange rate margin(%)
7.19
Percentage difference between market reference rate 29.95 and exchange rate charged 27.80
Total cost (%)
12.11
Total cost (MYR)sort descending
73.86
Firm
Maybank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Disbursing network coverage
High 
Fee
10.00
Exchange rate margin(%)
7.26
Percentage difference between market reference rate 29.95 and exchange rate charged 27.78
Total cost (%)
8.90
Total cost (MYR)sort descending
54.29
Firm
Maybank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Disbursing network coverage
High 
Fee
30.00
Exchange rate margin(%)
7.29
Percentage difference between market reference rate 29.95 and exchange rate charged 27.77
Total cost (%)
12.21
Total cost (MYR)sort descending
74.47
Firm
RHB Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Disbursing network coverage
High 
Fee
25.00
Exchange rate margin(%)
8.86
Percentage difference between market reference rate 29.95 and exchange rate charged 27.30
Total cost (%)
12.96
Total cost (MYR)sort descending
79.05
Firm
CIMB Group (Cash Laju)
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Disbursing network coverage
High 
Fee
10.00
Exchange rate margin(%)
10.83
Percentage difference between market reference rate 29.95 and exchange rate charged 26.71
Total cost (%)
12.47
Total cost (MYR)sort descending
76.06
Firm
CIMB Group (Cash Laju)
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Disbursing network coverage
High 
Fee
30.00
Exchange rate margin(%)
10.89
Percentage difference between market reference rate 29.95 and exchange rate charged 26.69
Total cost (%)
15.81
Total cost (MYR)sort descending
96.43
Total Average Third Quarter 2025
7.51
Total Average Second Quarter 2025
0
Total Average
Fee
13.24
Exchange Rate Margin (%)
5.34
Total Cost Percent (%)
7.51
Total Cost (MYR)
45.79
Non-Transparent records
Cash Bank account transfer Debit card
Less than one hour 2 days 3-5 days Next day Same day
Cash Bank account Mobile wallet Own/partner bank account
      © 2023 The World Bank Group, All Rights Reserved