Remittance Prices Worldwide

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Sending money from MALAYSIA to CHINA

Data collected on: Nov 02, 2018
MYR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.990.32
0.25
0.25
0.410.41
2.500.82
MoneyMatch Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
8.002.62
1.45
1.45
2.762.76
16.845.52
HLB (Hong Leong Bank)
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
0.110.04
3.33
3.33
3.353.35
20.446.70
ValYou
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
10.003.28
1.83
1.83
3.473.47
21.176.94
maybank2U
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
10.003.28
1.83
1.83
3.473.47
21.176.94
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.990.32
3.52
3.52
3.683.68
22.457.36
Bank of China
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
30.009.84
-0.88
-0.88
4.044.04
24.648.08
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
35.0011.48
2.37
2.37
8.118.11
49.4716.22
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
32.0010.49
3.49
3.49
8.738.73
53.2517.46
IME (International Money Express)
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
50.0016.39
2.01
2.01
10.2110.21
62.2820.42
Total Average Fourth Quarter 2018
4.824.82
Total Average Third Quarter 2018
4.824.82
Total Average
Fee
17.715.81
Exchange Rate Margin (%)
1.921.92
Total Cost Percent (%)
4.824.82
Total Cost (MYR) Total Cost (USD)
29.429.65
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day 2 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.990.32
0.25
0.25
0.320.32
4.901.60
Bank of China
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
30.009.80
-0.88
-0.88
1.081.08
16.525.40
MoneyMatch Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
8.002.61
1.45
1.45
1.971.97
30.149.85
ValYou
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
10.003.27
1.83
1.83
2.482.48
37.9412.40
maybank2U
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
10.003.27
1.83
1.83
2.482.48
37.9412.40
HLB (Hong Leong Bank)
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
0.110.04
3.33
3.33
3.343.34
51.1016.70
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.990.32
3.52
3.52
3.583.58
54.7717.90
IME (International Money Express)
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
50.0016.34
2.01
2.01
5.285.28
80.7826.40
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
32.0010.46
3.49
3.49
5.585.58
85.3727.90
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
60.0019.61
2.37
2.37
6.296.29
96.2431.45
Total Average Fourth Quarter 2018
3.243.24
Total Average Third Quarter 2018
2.802.80
Total Average
Fee
20.216.60
Exchange Rate Margin (%)
1.921.92
Total Cost Percent (%)
3.243.24
Total Cost (MYR) Total Cost (USD)
49.5716.20
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day 2 days
Bank account Cash