Remittance Prices Worldwide

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Sending money from MALAYSIA to CHINA

Data collected on: Feb 08, 2019
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
0.34
0.34
0.500.50
3.051.00
MoneyMatch Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
8.002.62
1.00
1.00
2.312.31
14.094.62
HLB (Hong Leong Bank)
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
0.110.04
3.27
3.27
3.293.29
20.076.58
ValYou
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
10.003.28
2.07
2.07
3.713.71
22.637.42
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.990.32
3.58
3.58
3.743.74
22.817.48
Bank of China
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
30.009.84
0.86
0.86
5.775.77
35.2011.54
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
35.0011.48
1.05
1.05
6.796.79
41.4213.58
IME (International Money Express)
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
50.0016.39
-0.90
-0.90
7.307.30
44.5314.60
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
32.0010.49
3.27
3.27
8.528.52
51.9717.04
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.
maybank2U
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
10.003.28
0.00
0.00
1.641.64
10.003.28
Total Average First Quarter
4.364.36
Total Average Fourth Quarter 2018
4.824.82
Total Average
Fee
17.715.81
Exchange Rate Margin (%)
1.451.45
Total Cost Percent (%)
4.364.36
Total Cost (MYR) Total Cost (USD)
26.588.71
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
0.34
0.34
0.400.40
6.122.00
MoneyMatch Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
8.002.61
1.00
1.00
1.521.52
23.267.60
IME (International Money Express)
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
50.0016.34
-0.90
-0.90
2.372.37
36.2611.85
ValYou
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
10.003.27
2.07
2.07
2.722.72
41.6213.60
Bank of China
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
30.009.80
0.86
0.86
2.822.82
43.1514.10
HLB (Hong Leong Bank)
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
0.110.04
3.27
3.27
3.283.28
50.1816.40
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
5.001.63
3.58
3.58
3.903.90
59.6719.50
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
60.0019.61
1.05
1.05
4.974.97
76.0424.85
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
32.0010.46
3.27
3.27
5.375.37
82.1626.85
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.
maybank2U
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
10.003.27
0.00
0.00
0.650.65
9.953.25
Total Average First Quarter
2.802.80
Total Average Fourth Quarter 2018
3.243.24
Total Average
Fee
20.616.74
Exchange Rate Margin (%)
1.451.45
Total Cost Percent (%)
2.802.80
Total Cost (MYR) Total Cost (USD)
42.8414.00
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day 2 days
Bank account Cash