Remittance Prices Worldwide

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Sending money from MALAYSIA to CHINA

Data collected on: Feb 15, 2018
MYR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
MoneyMatch Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
8.482.78
0.58
0.58
1.971.97
12.023.94
IME (International Money Express)
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
53.0017.38
-5.55
-5.55
3.143.14
19.156.28
Max Money
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
15.905.21
0.84
0.84
3.453.45
21.056.90
HLB (Hong Leong Bank)
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
0.110.04
4.27
4.27
4.284.28
26.118.56
maybank2U
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
10.603.48
2.61
2.61
4.354.35
26.548.70
Bank of China
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
31.8010.43
-0.40
-0.40
4.814.81
29.349.62
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
33.9211.12
4.39
4.39
9.959.95
60.7019.90
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
37.1012.16
5.49
5.49
11.5811.58
70.6423.16
Total Average First Quarter
5.445.44
Total Average Fourth Quarter 2017
4.064.06
Total Average
Fee
23.867.82
Exchange Rate Margin (%)
1.531.53
Total Cost Percent (%)
5.445.44
Total Cost (MYR) Total Cost (USD)
33.1910.88
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day
Bank account Bank account (same/partner bank) Cash
Payment instrument
Access point
Sending network coverage
Receiving method
IME (International Money Express)
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
53.0017.32
-5.55
-5.55
-2.09-2.09
-31.98-10.45
MoneyMatch Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
8.482.77
0.58
0.58
1.141.14
17.445.70
Bank of China
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
31.8010.39
-0.40
-0.40
1.681.68
25.708.40
Max Money
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
15.905.20
0.84
0.84
1.881.88
28.769.40
maybank2U
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
10.603.46
2.61
2.61
3.303.30
50.4916.50
HLB (Hong Leong Bank)
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
0.110.04
4.27
4.27
4.274.27
65.3321.35
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
33.9211.08
4.39
4.39
6.616.61
101.1333.05
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
63.6020.78
5.49
5.49
9.659.65
147.6548.25
Total Average First Quarter
3.313.31
Total Average Fourth Quarter 2017
2.022.02
Total Average
Fee
27.188.88
Exchange Rate Margin (%)
1.531.53
Total Cost Percent (%)
3.313.31
Total Cost (MYR) Total Cost (USD)
50.5716.52
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day
Bank account Bank account (same/partner bank) Cash