Remittance Prices Worldwide

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Sending money from MALAYSIA to NEPAL

Data collected on: Feb 19, 2025 - Mar 05, 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(%)
0.70
Percentage difference between market reference rate 31.30 and exchange rate charged 31.08
Total cost (%)
2.34
Total cost (MYR)sort descending
14.27
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
5.00
Exchange rate margin(%)
1.59
Percentage difference between market reference rate 31.30 and exchange rate charged 30.81
Total cost (%)
2.41
Total cost (MYR)sort descending
14.70
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
10.00
Exchange rate margin(%)
0.79
Percentage difference between market reference rate 31.37 and exchange rate charged 31.12
Total cost (%)
2.43
Total cost (MYR)sort descending
14.82
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
10.00
Exchange rate margin(%)
0.79
Percentage difference between market reference rate 31.37 and exchange rate charged 31.12
Total cost (%)
2.43
Total cost (MYR)sort descending
14.82
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Low 
Fee
10.00
Exchange rate margin(%)
0.79
Percentage difference between market reference rate 31.37 and exchange rate charged 31.12
Total cost (%)
2.43
Total cost (MYR)sort descending
14.82
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Low 
Fee
10.00
Exchange rate margin(%)
0.79
Percentage difference between market reference rate 31.37 and exchange rate charged 31.12
Total cost (%)
2.43
Total cost (MYR)sort descending
14.82
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
10.00
Exchange rate margin(%)
0.79
Percentage difference between market reference rate 31.30 and exchange rate charged 31.05
Total cost (%)
2.43
Total cost (MYR)sort descending
14.82
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
10.00
Exchange rate margin(%)
0.92
Percentage difference between market reference rate 31.37 and exchange rate charged 31.08
Total cost (%)
2.56
Total cost (MYR)sort descending
15.62
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
10.00
Exchange rate margin(%)
0.92
Percentage difference between market reference rate 31.37 and exchange rate charged 31.08
Total cost (%)
2.56
Total cost (MYR)sort descending
15.62
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
Medium 
Fee
10.00
Exchange rate margin(%)
1.17
Percentage difference between market reference rate 31.37 and exchange rate charged 31.00
Total cost (%)
2.81
Total cost (MYR)sort descending
17.14
Firm
E-remit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
12.00
Exchange rate margin(%)
0.90
Percentage difference between market reference rate 31.31 and exchange rate charged 31.03
Total cost (%)
2.87
Total cost (MYR)sort descending
17.51
Firm
Wise
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
17.88
Exchange rate margin(%)
0.00
Percentage difference between market reference rate 31.34 and exchange rate charged 31.34
Total cost (%)
2.93
Total cost (MYR)sort descending
17.87
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
12.00
Exchange rate margin(%)
1.02
Percentage difference between market reference rate 31.32 and exchange rate charged 31.00
Total cost (%)
2.99
Total cost (MYR)sort descending
18.24
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
12.00
Exchange rate margin(%)
1.04
Percentage difference between market reference rate 31.31 and exchange rate charged 30.98
Total cost (%)
3.01
Total cost (MYR)sort descending
18.36
Firm
ValYou
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
12.00
Exchange rate margin(%)
1.12
Percentage difference between market reference rate 31.42 and exchange rate charged 31.07
Total cost (%)
3.09
Total cost (MYR)sort descending
18.85
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Low 
Fee
Exchange rate margin(%)
4.76
Percentage difference between market reference rate 31.30 and exchange rate charged 29.81
Total cost (%)
4.76
Total cost (MYR)sort descending
29.04
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Low 
Fee
Exchange rate margin(%)
4.76
Percentage difference between market reference rate 31.30 and exchange rate charged 29.81
Total cost (%)
4.76
Total cost (MYR)sort descending
29.04
Firm
Prabhu Money Transfer
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(%)
4.48
Percentage difference between market reference rate 31.30 and exchange rate charged 29.90
Total cost (%)
6.12
Total cost (MYR)sort descending
37.33
Total Average First Quarter 2025
3.08
Total Average Fourth Quarter 2024
2.93
Total Average
Fee
9.49
Exchange Rate Margin (%)
1.52
Total Cost Percent (%)
3.08
Total Cost (MYR)
18.76
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