Remittance Prices Worldwide

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Sending money from MALAYSIA to BANGLADESH

Data collected on: Apr 28, 2017
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
Al-Rajhi Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
12.724.17
Exchange rate margin (%)
0.10
0.10
Total cost (%)
2.192.19
Total cost (MYR)sort descendingTotal cost (USD)sort descending
13.364.38
Firm
Agrani Remittance House
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
10.603.48
Exchange rate margin (%)
0.58
0.58
Total cost (%)
2.312.31
Total cost (MYR)sort descendingTotal cost (USD)sort descending
14.094.62
Firm
CBL Money Transfer
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.603.48
Exchange rate margin (%)
0.58
0.58
Total cost (%)
2.312.31
Total cost (MYR)sort descendingTotal cost (USD)sort descending
14.094.62
Firm
NBL Money Transfer
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
10.603.48
Exchange rate margin (%)
0.58
0.58
Total cost (%)
2.312.31
Total cost (MYR)sort descendingTotal cost (USD)sort descending
14.094.62
Firm
IME (International Money Express)
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.603.48
Exchange rate margin (%)
0.84
0.84
Total cost (%)
2.582.58
Total cost (MYR)sort descendingTotal cost (USD)sort descending
15.745.16
Firm
E-remit
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12.724.17
Exchange rate margin (%)
0.58
0.58
Total cost (%)
2.662.66
Total cost (MYR)sort descendingTotal cost (USD)sort descending
16.235.32
Firm
Xpress Money
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12.724.17
Exchange rate margin (%)
1.01
1.01
Total cost (%)
3.103.10
Total cost (MYR)sort descendingTotal cost (USD)sort descending
18.916.20
Firm
Merchantrade Money Transfer
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.905.21
Exchange rate margin (%)
0.58
0.58
Total cost (%)
3.183.18
Total cost (MYR)sort descendingTotal cost (USD)sort descending
19.406.36
Firm
Western Union
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
9.543.13
Exchange rate margin (%)
3.14
3.14
Total cost (%)
4.714.71
Total cost (MYR)sort descendingTotal cost (USD)sort descending
28.739.42
Firm
Bank Islam
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
9.543.13
Exchange rate margin (%)
3.14
3.14
Total cost (%)
4.714.71
Total cost (MYR)sort descendingTotal cost (USD)sort descending
28.739.42
Firm
Pos Malaysia
 
Payment instrument
Access point
Post Office branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
9.543.13
Exchange rate margin (%)
3.14
3.14
Total cost (%)
4.714.71
Total cost (MYR)sort descendingTotal cost (USD)sort descending
28.739.42
Firm
maybank2U
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
10.603.48
Exchange rate margin (%)
3.00
3.00
Total cost (%)
4.744.74
Total cost (MYR)sort descendingTotal cost (USD)sort descending
28.919.48
Firm
MoneyGram
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
9.543.13
Exchange rate margin (%)
3.85
3.85
Total cost (%)
5.415.41
Total cost (MYR)sort descendingTotal cost (USD)sort descending
33.0010.82
Firm
Prabhu Money Transfer
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
10.603.48
Exchange rate margin (%)
3.90
3.90
Total cost (%)
5.645.64
Total cost (MYR)sort descendingTotal cost (USD)sort descending
34.4011.28
Firm
Standard Chartered Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
21.206.95
Exchange rate margin (%)
3.70
3.70
Total cost (%)
7.187.18
Total cost (MYR)sort descendingTotal cost (USD)sort descending
43.8014.36
Firm
Maybank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
26.508.69
Exchange rate margin (%)
3.00
3.00
Total cost (%)
7.357.35
Total cost (MYR)sort descendingTotal cost (USD)sort descending
44.8414.70
Firm
RHB Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
28.629.38
Exchange rate margin (%)
4.52
4.52
Total cost (%)
9.219.21
Total cost (MYR)sort descendingTotal cost (USD)sort descending
56.1818.42
Firm
CIMB Group (Cash Laju)
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
31.8010.43
Exchange rate margin (%)
6.21
6.21
Total cost (%)
11.4311.43
Total cost (MYR)sort descendingTotal cost (USD)sort descending
69.7222.86
Total Average Second Quarter
4.764.76
Total Average First Quarter
3.863.86
Total Average
Fee
14.664.81
Exchange Rate Margin (%)
2.362.36
Total Cost Percent (%)
4.764.76
Total Cost (MYR) Total Cost (USD)
29.059.53
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
Al-Rajhi Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
12.724.16
Exchange rate margin (%)
0.10
0.10
Total cost (%)
0.930.93
Total cost (MYR)sort descendingTotal cost (USD)sort descending
14.234.65
Firm
E-remit
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12.724.16
Exchange rate margin (%)
0.58
0.58
Total cost (%)
1.411.41
Total cost (MYR)sort descendingTotal cost (USD)sort descending
21.577.05
Firm
Merchantrade Money Transfer
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.905.20
Exchange rate margin (%)
0.58
0.58
Total cost (%)
1.611.61
Total cost (MYR)sort descendingTotal cost (USD)sort descending
24.638.05
Firm
Agrani Remittance House
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
15.905.20
Exchange rate margin (%)
0.58
0.58
Total cost (%)
1.611.61
Total cost (MYR)sort descendingTotal cost (USD)sort descending
24.638.05
Firm
CBL Money Transfer
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.905.20
Exchange rate margin (%)
0.58
0.58
Total cost (%)
1.611.61
Total cost (MYR)sort descendingTotal cost (USD)sort descending
24.638.05
Firm
NBL Money Transfer
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
15.905.20
Exchange rate margin (%)
0.58
0.58
Total cost (%)
1.611.61
Total cost (MYR)sort descendingTotal cost (USD)sort descending
24.638.05
Firm
IME (International Money Express)
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.905.20
Exchange rate margin (%)
0.84
0.84
Total cost (%)
1.881.88
Total cost (MYR)sort descendingTotal cost (USD)sort descending
28.769.40
Firm
Xpress Money
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.905.20
Exchange rate margin (%)
1.01
1.01
Total cost (%)
2.052.05
Total cost (MYR)sort descendingTotal cost (USD)sort descending
31.3710.25
Firm
maybank2U
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
10.603.46
Exchange rate margin (%)
3.00
3.00
Total cost (%)
3.703.70
Total cost (MYR)sort descendingTotal cost (USD)sort descending
56.6118.50
Firm
Western Union
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12.724.16
Exchange rate margin (%)
3.14
3.14
Total cost (%)
3.973.97
Total cost (MYR)sort descendingTotal cost (USD)sort descending
60.7419.85
Firm
Bank Islam
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
12.724.16
Exchange rate margin (%)
3.14
3.14
Total cost (%)
3.973.97
Total cost (MYR)sort descendingTotal cost (USD)sort descending
60.7419.85
Firm
Pos Malaysia
 
Payment instrument
Access point
Post Office branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
12.724.16
Exchange rate margin (%)
3.14
3.14
Total cost (%)
3.973.97
Total cost (MYR)sort descendingTotal cost (USD)sort descending
60.7419.85
Firm
Maybank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
26.508.66
Exchange rate margin (%)
3.00
3.00
Total cost (%)
4.744.74
Total cost (MYR)sort descendingTotal cost (USD)sort descending
72.5223.70
Firm
MoneyGram
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.905.20
Exchange rate margin (%)
3.85
3.85
Total cost (%)
4.894.89
Total cost (MYR)sort descendingTotal cost (USD)sort descending
74.8224.45
Firm
Prabhu Money Transfer
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
15.905.20
Exchange rate margin (%)
3.90
3.90
Total cost (%)
4.944.94
Total cost (MYR)sort descendingTotal cost (USD)sort descending
75.5824.70
Firm
Standard Chartered Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
21.206.93
Exchange rate margin (%)
3.70
3.70
Total cost (%)
5.095.09
Total cost (MYR)sort descendingTotal cost (USD)sort descending
77.8825.45
Firm
RHB Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
28.629.35
Exchange rate margin (%)
4.52
4.52
Total cost (%)
6.396.39
Total cost (MYR)sort descendingTotal cost (USD)sort descending
97.7731.95
Firm
CIMB Group (Cash Laju)
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
31.8010.39
Exchange rate margin (%)
6.21
6.21
Total cost (%)
8.298.29
Total cost (MYR)sort descendingTotal cost (USD)sort descending
126.8441.45
Total Average Second Quarter
3.483.48
Total Average First Quarter
2.582.58
Total Average
Fee
17.205.62
Exchange Rate Margin (%)
2.362.36
Total Cost Percent (%)
3.483.48
Total Cost (MYR) Total Cost (USD)
53.2617.41
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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