Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from MALAYSIA to NEPAL

Data collected on: Aug 18, 2025 - Sep 01, 2025
MYR | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
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.
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High 
Receiving method
Low 
4.75
Percentage difference between market reference rate 32.96 and exchange rate charged 31.40
4.75
28.98
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High 
Receiving method
Low 
4.75
Percentage difference between market reference rate 32.96 and exchange rate charged 31.40
4.75
28.98
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High 
Receiving method
High 
5.00
1.30
Percentage difference between market reference rate 33.04 and exchange rate charged 32.61
2.12
12.93
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Receiving method
High 
10.00
0.50
Percentage difference between market reference rate 33.04 and exchange rate charged 32.88
2.14
13.05
E-remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Receiving method
Medium 
12.00
0.31
Percentage difference between market reference rate 33.10 and exchange rate charged 33.00
2.28
13.89
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Receiving method
Medium 
16.91
0.00
Percentage difference between market reference rate 33.07 and exchange rate charged 33.07
2.77
16.91
IME (International Money Express)
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High 
Receiving method
Agent
Medium 
10.00
0.70
Percentage difference between market reference rate 33.08 and exchange rate charged 32.85
2.34
14.27
ValYou
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium 
Receiving method
Agent
High 
12.00
1.31
Percentage difference between market reference rate 33.34 and exchange rate charged 32.90
3.28
19.99
Merchantrade Money Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High 
Receiving method
Agent
High 
12.00
0.29
Percentage difference between market reference rate 33.00 and exchange rate charged 32.90
2.26
13.77
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High 
Receiving method
Low 
10.00
0.28
Percentage difference between market reference rate 32.99 and exchange rate charged 32.90
1.92
11.71
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High 
Receiving method
High 
10.00
0.28
Percentage difference between market reference rate 32.99 and exchange rate charged 32.90
1.92
11.71
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High 
Receiving method
High 
10.00
0.28
Percentage difference between market reference rate 32.99 and exchange rate charged 32.90
1.92
11.71
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High 
Receiving method
Agent
High 
10.00
1.20
Percentage difference between market reference rate 33.40 and exchange rate charged 33.00
2.84
17.32
ValYou
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Receiving method
Medium 
12.00
1.32
Percentage difference between market reference rate 33.29 and exchange rate charged 32.85
3.29
20.05
Total Average Third Quarter 2025
2.76
Total Average Second Quarter 2025
0
Total Average
Fee
9.28
Exchange Rate Margin (%)
1.23
Total Cost Percent (%)
2.76
Total Cost (MYR)
16.81
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour 2 days
Cash Bank account Mobile wallet