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Transfer money

Sending money from MALAYSIA to BANGLADESH

Data collected on: Jul 27, 2018
MYR | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (MYR)sort descendingTotal cost (USD)sort descending
Firm
MoneyGram
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
9.002.95
Exchange rate margin (%)
1.43
1.43
Total cost (%)
2.912.91
Total cost (MYR)sort descendingTotal cost (USD)sort descending
17.755.82
Firm
Max Money
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
10.003.28
Exchange rate margin (%)
1.29
1.29
Total cost (%)
2.932.93
Total cost (MYR)sort descendingTotal cost (USD)sort descending
17.875.86
Firm
Bank Islam
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
9.002.95
Exchange rate margin (%)
1.61
1.61
Total cost (%)
3.093.09
Total cost (MYR)sort descendingTotal cost (USD)sort descending
18.856.18
Firm
Western Union
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
9.002.95
Exchange rate margin (%)
1.61
1.61
Total cost (%)
3.093.09
Total cost (MYR)sort descendingTotal cost (USD)sort descending
18.856.18
Firm
Pos Malaysia
 
Payment instrument
Access point
Post Office branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
9.002.95
Exchange rate margin (%)
1.61
1.61
Total cost (%)
3.093.09
Total cost (MYR)sort descendingTotal cost (USD)sort descending
18.856.18
Firm
CBL Money Transfer
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.003.28
Exchange rate margin (%)
1.48
1.48
Total cost (%)
3.123.12
Total cost (MYR)sort descendingTotal cost (USD)sort descending
19.036.24
Firm
NBL Money Transfer
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.003.28
Exchange rate margin (%)
1.48
1.48
Total cost (%)
3.123.12
Total cost (MYR)sort descendingTotal cost (USD)sort descending
19.036.24
Firm
Prabhu Money Transfer
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.003.28
Exchange rate margin (%)
1.48
1.48
Total cost (%)
3.123.12
Total cost (MYR)sort descendingTotal cost (USD)sort descending
19.036.24
Firm
Agrani Remittance House
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.003.28
Exchange rate margin (%)
1.48
1.48
Total cost (%)
3.123.12
Total cost (MYR)sort descendingTotal cost (USD)sort descending
19.036.24
Firm
AKbar Money Change
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
12.003.93
Exchange rate margin (%)
1.29
1.29
Total cost (%)
3.263.26
Total cost (MYR)sort descendingTotal cost (USD)sort descending
19.896.52
Firm
E-remit
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12.003.93
Exchange rate margin (%)
1.34
1.34
Total cost (%)
3.313.31
Total cost (MYR)sort descendingTotal cost (USD)sort descending
20.196.62
Firm
Xpress Money
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12.003.93
Exchange rate margin (%)
1.37
1.37
Total cost (%)
3.343.34
Total cost (MYR)sort descendingTotal cost (USD)sort descending
20.376.68
Firm
IME (International Money Express)
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.003.28
Exchange rate margin (%)
1.72
1.72
Total cost (%)
3.363.36
Total cost (MYR)sort descendingTotal cost (USD)sort descending
20.506.72
Firm
Al-Rajhi Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12.003.93
Exchange rate margin (%)
1.70
1.70
Total cost (%)
3.663.66
Total cost (MYR)sort descendingTotal cost (USD)sort descending
22.337.32
Firm
Merchantrade Money Transfer
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.004.92
Exchange rate margin (%)
1.48
1.48
Total cost (%)
3.943.94
Total cost (MYR)sort descendingTotal cost (USD)sort descending
24.037.88
Firm
Incentive Remit
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12.003.93
Exchange rate margin (%)
2.30
2.30
Total cost (%)
4.274.27
Total cost (MYR)sort descendingTotal cost (USD)sort descending
26.058.54
Firm
maybank2U
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.003.28
Exchange rate margin (%)
3.04
3.04
Total cost (%)
4.674.67
Total cost (MYR)sort descendingTotal cost (USD)sort descending
28.499.34
Firm
Maybank Money Express
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
10.003.28
Exchange rate margin (%)
3.04
3.04
Total cost (%)
4.674.67
Total cost (MYR)sort descendingTotal cost (USD)sort descending
28.499.34
Firm
Maybank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
25.008.20
Exchange rate margin (%)
3.04
3.04
Total cost (%)
7.137.13
Total cost (MYR)sort descendingTotal cost (USD)sort descending
43.4914.26
Firm
Standard Chartered Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
21.206.95
Exchange rate margin (%)
4.66
4.66
Total cost (%)
8.138.13
Total cost (MYR)sort descendingTotal cost (USD)sort descending
49.5916.26
Firm
RHB Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
27.008.85
Exchange rate margin (%)
6.37
6.37
Total cost (%)
10.7910.79
Total cost (MYR)sort descendingTotal cost (USD)sort descending
65.8221.58
Firm
CIMB Group (Cash Laju)
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
30.009.84
Exchange rate margin (%)
7.27
7.27
Total cost (%)
12.1912.19
Total cost (MYR)sort descendingTotal cost (USD)sort descending
74.3624.38
Firm
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
Unique Exchange
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
15.004.92
Exchange rate margin (%)
0.00
0.00
Total cost (%)
2.462.46
Total cost (MYR)sort descendingTotal cost (USD)sort descending
15.014.92
Total Average Third Quarter
4.474.47
Total Average Second Quarter
4.524.52
Total Average
Fee
13.444.41
Exchange Rate Margin (%)
2.262.26
Total Cost Percent (%)
4.474.47
Total Cost (MYR) Total Cost (USD)
27.268.94
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 3-5 days 6 days or more
Bank account Bank account (same/partner bank) Cash
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (MYR)sort descendingTotal cost (USD)sort descending
Firm
Max Money
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
10.003.27
Exchange rate margin (%)
1.29
1.29
Total cost (%)
1.951.95
Total cost (MYR)sort descendingTotal cost (USD)sort descending
29.849.75
Firm
E-remit
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12.003.92
Exchange rate margin (%)
1.34
1.34
Total cost (%)
2.122.12
Total cost (MYR)sort descendingTotal cost (USD)sort descending
32.4410.60
Firm
NBL Money Transfer
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.003.27
Exchange rate margin (%)
1.48
1.48
Total cost (%)
2.142.14
Total cost (MYR)sort descendingTotal cost (USD)sort descending
32.7410.70
Firm
AKbar Money Change
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
16.005.23
Exchange rate margin (%)
1.29
1.29
Total cost (%)
2.342.34
Total cost (MYR)sort descendingTotal cost (USD)sort descending
35.8011.70
Firm
Xpress Money
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.004.90
Exchange rate margin (%)
1.37
1.37
Total cost (%)
2.352.35
Total cost (MYR)sort descendingTotal cost (USD)sort descending
35.9611.75
Firm
Bank Islam
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12.003.92
Exchange rate margin (%)
1.61
1.61
Total cost (%)
2.392.39
Total cost (MYR)sort descendingTotal cost (USD)sort descending
36.5711.95
Firm
Western Union
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12.003.92
Exchange rate margin (%)
1.61
1.61
Total cost (%)
2.392.39
Total cost (MYR)sort descendingTotal cost (USD)sort descending
36.5711.95
Firm
Pos Malaysia
 
Payment instrument
Access point
Post Office branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12.003.92
Exchange rate margin (%)
1.61
1.61
Total cost (%)
2.392.39
Total cost (MYR)sort descendingTotal cost (USD)sort descending
36.5711.95
Firm
MoneyGram
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.004.90
Exchange rate margin (%)
1.43
1.43
Total cost (%)
2.412.41
Total cost (MYR)sort descendingTotal cost (USD)sort descending
36.8712.05
Firm
CBL Money Transfer
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.004.90
Exchange rate margin (%)
1.48
1.48
Total cost (%)
2.462.46
Total cost (MYR)sort descendingTotal cost (USD)sort descending
37.6412.30
Firm
Prabhu Money Transfer
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.004.90
Exchange rate margin (%)
1.48
1.48
Total cost (%)
2.462.46
Total cost (MYR)sort descendingTotal cost (USD)sort descending
37.6412.30
Firm
Merchantrade Money Transfer
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.004.90
Exchange rate margin (%)
1.48
1.48
Total cost (%)
2.462.46
Total cost (MYR)sort descendingTotal cost (USD)sort descending
37.6412.30
Firm
Agrani Remittance House
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.004.90
Exchange rate margin (%)
1.48
1.48
Total cost (%)
2.462.46
Total cost (MYR)sort descendingTotal cost (USD)sort descending
37.6412.30
Firm
Al-Rajhi Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12.003.92
Exchange rate margin (%)
1.70
1.70
Total cost (%)
2.482.48
Total cost (MYR)sort descendingTotal cost (USD)sort descending
37.9412.40
Firm
IME (International Money Express)
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.004.90
Exchange rate margin (%)
1.72
1.72
Total cost (%)
2.702.70
Total cost (MYR)sort descendingTotal cost (USD)sort descending
41.3113.50
Firm
Incentive Remit
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.004.90
Exchange rate margin (%)
2.30
2.30
Total cost (%)
3.283.28
Total cost (MYR)sort descendingTotal cost (USD)sort descending
50.1816.40
Firm
maybank2U
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.003.27
Exchange rate margin (%)
3.04
3.04
Total cost (%)
3.693.69
Total cost (MYR)sort descendingTotal cost (USD)sort descending
56.4618.45
Firm
Maybank Money Express
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
10.003.27
Exchange rate margin (%)
3.04
3.04
Total cost (%)
3.693.69
Total cost (MYR)sort descendingTotal cost (USD)sort descending
56.4618.45
Firm
Maybank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
25.008.17
Exchange rate margin (%)
3.04
3.04
Total cost (%)
4.674.67
Total cost (MYR)sort descendingTotal cost (USD)sort descending
71.4523.35
Firm
Standard Chartered Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
21.206.93
Exchange rate margin (%)
4.66
4.66
Total cost (%)
6.046.04
Total cost (MYR)sort descendingTotal cost (USD)sort descending
92.4130.20
Firm
RHB Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
27.008.82
Exchange rate margin (%)
6.37
6.37
Total cost (%)
8.138.13
Total cost (MYR)sort descendingTotal cost (USD)sort descending
124.3940.65
Firm
CIMB Group (Cash Laju)
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
30.009.80
Exchange rate margin (%)
7.27
7.27
Total cost (%)
9.239.23
Total cost (MYR)sort descendingTotal cost (USD)sort descending
141.2246.15
Firm
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
Unique Exchange
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
15.004.90
Exchange rate margin (%)
0.00
0.00
Total cost (%)
0.980.98
Total cost (MYR)sort descendingTotal cost (USD)sort descending
14.994.90
Total Average Third Quarter
3.273.27
Total Average Second Quarter
3.313.31
Total Average
Fee
15.405.03
Exchange Rate Margin (%)
2.262.26
Total Cost Percent (%)
3.273.27
Total Cost (MYR) Total Cost (USD)
50.0316.35
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 3-5 days 6 days or more
Bank account Bank account (same/partner bank) Cash
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