Remittance Prices Worldwide

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Transfer money

Sending money from MALAYSIA to BANGLADESH

Data collected on: May 09, 2019
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
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
0.990.32
Exchange rate margin (%)
-0.30
Percentage difference between market reference rate 20.35 and exchange rate charged 20.41-0.30
Total cost (%)
-0.14-0.14
Total cost (MYR)sort descendingTotal cost (USD)sort descending
-0.85-0.28
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
0.990.32
Exchange rate margin (%)
-0.06
Percentage difference between market reference rate 20.35 and exchange rate charged 20.36-0.06
Total cost (%)
0.100.10
Total cost (MYR)sort descendingTotal cost (USD)sort descending
0.610.20
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
0.000.00
Exchange rate margin (%)
0.16
Percentage difference between market reference rate 20.35 and exchange rate charged 20.320.16
Total cost (%)
0.160.16
Total cost (MYR)sort descendingTotal cost (USD)sort descending
0.980.32
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
5.001.64
Exchange rate margin (%)
0.36
Percentage difference between market reference rate 20.35 and exchange rate charged 20.280.36
Total cost (%)
1.171.17
Total cost (MYR)sort descendingTotal cost (USD)sort descending
7.142.34
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
10.003.28
Exchange rate margin (%)
0.16
Percentage difference between market reference rate 20.35 and exchange rate charged 20.320.16
Total cost (%)
1.801.80
Total cost (MYR)sort descendingTotal cost (USD)sort descending
10.983.60
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
9.002.95
Exchange rate margin (%)
0.36
Percentage difference between market reference rate 20.35 and exchange rate charged 20.280.36
Total cost (%)
1.831.83
Total cost (MYR)sort descendingTotal cost (USD)sort descending
11.163.66
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.003.28
Exchange rate margin (%)
0.26
Percentage difference between market reference rate 20.35 and exchange rate charged 20.300.26
Total cost (%)
1.901.90
Total cost (MYR)sort descendingTotal cost (USD)sort descending
11.593.80
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
10.003.28
Exchange rate margin (%)
0.26
Percentage difference between market reference rate 20.35 and exchange rate charged 20.300.26
Total cost (%)
1.901.90
Total cost (MYR)sort descendingTotal cost (USD)sort descending
11.593.80
Firm
Max Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
10.003.28
Exchange rate margin (%)
0.36
Percentage difference between market reference rate 20.35 and exchange rate charged 20.280.36
Total cost (%)
1.991.99
Total cost (MYR)sort descendingTotal cost (USD)sort descending
12.143.98
Firm
CBL Money Transfer
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
10.003.28
Exchange rate margin (%)
0.36
Percentage difference between market reference rate 20.35 and exchange rate charged 20.280.36
Total cost (%)
1.991.99
Total cost (MYR)sort descendingTotal cost (USD)sort descending
12.143.98
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
10.003.28
Exchange rate margin (%)
0.36
Percentage difference between market reference rate 20.35 and exchange rate charged 20.280.36
Total cost (%)
1.991.99
Total cost (MYR)sort descendingTotal cost (USD)sort descending
12.143.98
Firm
Prabhu 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
10.003.28
Exchange rate margin (%)
0.36
Percentage difference between market reference rate 20.35 and exchange rate charged 20.280.36
Total cost (%)
1.991.99
Total cost (MYR)sort descendingTotal cost (USD)sort descending
12.143.98
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
9.002.95
Exchange rate margin (%)
0.75
Percentage difference between market reference rate 20.35 and exchange rate charged 20.200.75
Total cost (%)
2.222.22
Total cost (MYR)sort descendingTotal cost (USD)sort descending
13.544.44
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
High
Fee
12.003.93
Exchange rate margin (%)
0.36
Percentage difference between market reference rate 20.35 and exchange rate charged 20.280.36
Total cost (%)
2.322.32
Total cost (MYR)sort descendingTotal cost (USD)sort descending
14.154.64
Firm
Unique Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
15.004.92
Exchange rate margin (%)
0.01
Percentage difference between market reference rate 20.35 and exchange rate charged 20.350.01
Total cost (%)
2.472.47
Total cost (MYR)sort descendingTotal cost (USD)sort descending
15.074.94
Firm
Incentive Remit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
12.003.93
Exchange rate margin (%)
0.55
Percentage difference between market reference rate 20.35 and exchange rate charged 20.240.55
Total cost (%)
2.522.52
Total cost (MYR)sort descendingTotal cost (USD)sort descending
15.375.04
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
15.004.92
Exchange rate margin (%)
0.36
Percentage difference between market reference rate 20.35 and exchange rate charged 20.280.36
Total cost (%)
2.812.81
Total cost (MYR)sort descendingTotal cost (USD)sort descending
17.145.62
Firm
Al-Rajhi Bank
Firm type: 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 (%)
1.04
Percentage difference between market reference rate 20.35 and exchange rate charged 20.141.04
Total cost (%)
3.013.01
Total cost (MYR)sort descendingTotal cost (USD)sort descending
18.366.02
Firm
Maybank Money Express
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
10.003.28
Exchange rate margin (%)
2.52
Percentage difference between market reference rate 20.35 and exchange rate charged 19.842.52
Total cost (%)
4.164.16
Total cost (MYR)sort descendingTotal cost (USD)sort descending
25.388.32
Firm
maybank2U
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.003.28
Exchange rate margin (%)
2.52
Percentage difference between market reference rate 20.35 and exchange rate charged 19.842.52
Total cost (%)
4.164.16
Total cost (MYR)sort descendingTotal cost (USD)sort descending
25.388.32
Firm
Maybank
Firm type: Bank
 
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 (%)
2.52
Percentage difference between market reference rate 20.35 and exchange rate charged 19.842.52
Total cost (%)
6.626.62
Total cost (MYR)sort descendingTotal cost (USD)sort descending
40.3813.24
Firm
Standard Chartered Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
20.006.56
Exchange rate margin (%)
3.65
Percentage difference between market reference rate 20.35 and exchange rate charged 19.613.65
Total cost (%)
6.936.93
Total cost (MYR)sort descendingTotal cost (USD)sort descending
42.2713.86
Firm
RHB Bank
Firm type: 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 (%)
5.51
Percentage difference between market reference rate 20.35 and exchange rate charged 19.235.51
Total cost (%)
9.949.94
Total cost (MYR)sort descendingTotal cost (USD)sort descending
60.6319.88
Firm
CIMB Group (Cash Laju)
Firm type: Bank
 
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 (%)
6.94
Percentage difference between market reference rate 20.35 and exchange rate charged 18.946.94
Total cost (%)
11.8611.86
Total cost (MYR)sort descendingTotal cost (USD)sort descending
72.3523.72
Total Average Second Quarter
3.153.15
Total Average First Quarter
3.093.09
Total Average
Fee
11.793.87
Exchange Rate Margin (%)
1.221.22
Total Cost Percent (%)
3.153.15
Total Cost (MYR) Total Cost (USD)
19.246.31
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 Cash Mobile wallet Own/partner bank account
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
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
0.990.32
Exchange rate margin (%)
-0.30
Percentage difference between market reference rate 20.35 and exchange rate charged 20.41-0.30
Total cost (%)
-0.24-0.24
Total cost (MYR)sort descendingTotal cost (USD)sort descending
-3.67-1.20
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
0.000.00
Exchange rate margin (%)
0.16
Percentage difference between market reference rate 20.35 and exchange rate charged 20.320.16
Total cost (%)
0.160.16
Total cost (MYR)sort descendingTotal cost (USD)sort descending
2.450.80
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
5.001.63
Exchange rate margin (%)
-0.06
Percentage difference between market reference rate 20.35 and exchange rate charged 20.36-0.06
Total cost (%)
0.270.27
Total cost (MYR)sort descendingTotal cost (USD)sort descending
4.131.35
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
5.001.63
Exchange rate margin (%)
0.36
Percentage difference between market reference rate 20.35 and exchange rate charged 20.280.36
Total cost (%)
0.680.68
Total cost (MYR)sort descendingTotal cost (USD)sort descending
10.403.40
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
10.003.27
Exchange rate margin (%)
0.16
Percentage difference between market reference rate 20.35 and exchange rate charged 20.320.16
Total cost (%)
0.810.81
Total cost (MYR)sort descendingTotal cost (USD)sort descending
12.394.05
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
10.003.27
Exchange rate margin (%)
0.26
Percentage difference between market reference rate 20.35 and exchange rate charged 20.300.26
Total cost (%)
0.910.91
Total cost (MYR)sort descendingTotal cost (USD)sort descending
13.924.55
Firm
Unique Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
15.004.90
Exchange rate margin (%)
0.01
Percentage difference between market reference rate 20.35 and exchange rate charged 20.350.01
Total cost (%)
0.990.99
Total cost (MYR)sort descendingTotal cost (USD)sort descending
15.154.95
Firm
Max Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
10.003.27
Exchange rate margin (%)
0.36
Percentage difference between market reference rate 20.35 and exchange rate charged 20.280.36
Total cost (%)
1.011.01
Total cost (MYR)sort descendingTotal cost (USD)sort descending
15.455.05
Firm
CBL Money Transfer
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
10.003.27
Exchange rate margin (%)
0.36
Percentage difference between market reference rate 20.35 and exchange rate charged 20.280.36
Total cost (%)
1.011.01
Total cost (MYR)sort descendingTotal cost (USD)sort descending
15.455.05
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
10.003.27
Exchange rate margin (%)
0.36
Percentage difference between market reference rate 20.35 and exchange rate charged 20.280.36
Total cost (%)
1.011.01
Total cost (MYR)sort descendingTotal cost (USD)sort descending
15.455.05
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
High
Fee
12.003.92
Exchange rate margin (%)
0.36
Percentage difference between market reference rate 20.35 and exchange rate charged 20.280.36
Total cost (%)
1.141.14
Total cost (MYR)sort descendingTotal cost (USD)sort descending
17.445.70
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
15.004.90
Exchange rate margin (%)
0.26
Percentage difference between market reference rate 20.35 and exchange rate charged 20.300.26
Total cost (%)
1.241.24
Total cost (MYR)sort descendingTotal cost (USD)sort descending
18.976.20
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
15.004.90
Exchange rate margin (%)
0.36
Percentage difference between market reference rate 20.35 and exchange rate charged 20.280.36
Total cost (%)
1.341.34
Total cost (MYR)sort descendingTotal cost (USD)sort descending
20.506.70
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
15.004.90
Exchange rate margin (%)
0.36
Percentage difference between market reference rate 20.35 and exchange rate charged 20.280.36
Total cost (%)
1.341.34
Total cost (MYR)sort descendingTotal cost (USD)sort descending
20.506.70
Firm
Prabhu 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
15.004.90
Exchange rate margin (%)
0.36
Percentage difference between market reference rate 20.35 and exchange rate charged 20.280.36
Total cost (%)
1.341.34
Total cost (MYR)sort descendingTotal cost (USD)sort descending
20.506.70
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
12.003.92
Exchange rate margin (%)
0.75
Percentage difference between market reference rate 20.35 and exchange rate charged 20.200.75
Total cost (%)
1.531.53
Total cost (MYR)sort descendingTotal cost (USD)sort descending
23.417.65
Firm
Incentive Remit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
15.004.90
Exchange rate margin (%)
0.55
Percentage difference between market reference rate 20.35 and exchange rate charged 20.240.55
Total cost (%)
1.531.53
Total cost (MYR)sort descendingTotal cost (USD)sort descending
23.417.65
Firm
Al-Rajhi Bank
Firm type: 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 (%)
1.04
Percentage difference between market reference rate 20.35 and exchange rate charged 20.141.04
Total cost (%)
1.831.83
Total cost (MYR)sort descendingTotal cost (USD)sort descending
28.009.15
Firm
Maybank Money Express
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
10.003.27
Exchange rate margin (%)
2.52
Percentage difference between market reference rate 20.35 and exchange rate charged 19.842.52
Total cost (%)
3.173.17
Total cost (MYR)sort descendingTotal cost (USD)sort descending
48.5015.85
Firm
maybank2U
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
10.003.27
Exchange rate margin (%)
2.52
Percentage difference between market reference rate 20.35 and exchange rate charged 19.842.52
Total cost (%)
3.173.17
Total cost (MYR)sort descendingTotal cost (USD)sort descending
48.5015.85
Firm
Maybank
Firm type: Bank
 
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 (%)
2.52
Percentage difference between market reference rate 20.35 and exchange rate charged 19.842.52
Total cost (%)
4.154.15
Total cost (MYR)sort descendingTotal cost (USD)sort descending
63.5020.75
Firm
Standard Chartered Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
20.006.54
Exchange rate margin (%)
3.65
Percentage difference between market reference rate 20.35 and exchange rate charged 19.613.65
Total cost (%)
4.954.95
Total cost (MYR)sort descendingTotal cost (USD)sort descending
75.7424.75
Firm
RHB Bank
Firm type: 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 (%)
5.51
Percentage difference between market reference rate 20.35 and exchange rate charged 19.235.51
Total cost (%)
7.287.28
Total cost (MYR)sort descendingTotal cost (USD)sort descending
111.3836.40
Firm
CIMB Group (Cash Laju)
Firm type: Bank
 
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 (%)
6.94
Percentage difference between market reference rate 20.35 and exchange rate charged 18.946.94
Total cost (%)
8.908.90
Total cost (MYR)sort descendingTotal cost (USD)sort descending
136.1744.50
Total Average Second Quarter
2.062.06
Total Average First Quarter
2.002.00
Total Average
Fee
12.874.21
Exchange Rate Margin (%)
1.221.22
Total Cost Percent (%)
2.062.06
Total Cost (MYR) Total Cost (USD)
31.5710.32
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 Cash Mobile wallet Own/partner bank account
Least Costly Corridors To Bangladesh
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