Remittance Prices Worldwide

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Sending money from MALAYSIA to CHINA

Data collected on: Nov 10, 2017
MYR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Incentive Remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
12.724.17
-0.69
-0.69
1.401.40
8.542.80
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
33.9211.12
-3.20
-3.20
2.362.36
14.404.72
HLB (Hong Leong Bank)
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
0.110.04
2.58
2.58
2.602.60
15.865.20
maybank2U
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
10.603.48
0.94
0.94
2.672.67
16.295.34
Bank of China
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
31.8010.43
-1.90
-1.90
3.323.32
20.256.64
Max Money
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
15.905.21
0.94
0.94
3.543.54
21.597.08
IME (International Money Express)
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
53.0017.38
-3.58
-3.58
5.115.11
31.1710.22
MoneyMatch Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
8.482.78
5.61
5.61
7.007.00
42.7014.00
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
37.1012.16
2.46
2.46
8.548.54
52.0917.08
Total Average Fourth Quarter 2017
4.064.06
Total Average Third Quarter 2017
5.495.49
Total Average
Fee
22.637.42
Exchange Rate Margin (%)
0.350.35
Total Cost Percent (%)
4.064.06
Total Cost (MYR) Total Cost (USD)
24.778.12
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
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
33.9211.08
-3.20
-3.20
-0.99-0.99
-15.15-4.95
IME (International Money Express)
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
53.0017.32
-3.58
-3.58
-0.12-0.12
-1.84-0.60
Incentive Remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
12.724.16
-0.69
-0.69
0.140.14
2.140.70
Bank of China
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
31.8010.39
-1.90
-1.90
0.180.18
2.750.90
maybank2U
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
10.603.46
0.94
0.94
1.631.63
24.948.15
Max Money
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
15.905.20
0.94
0.94
1.971.97
30.149.85
HLB (Hong Leong Bank)
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
0.110.04
2.58
2.58
2.592.59
39.6312.95
MoneyMatch Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
8.482.77
5.61
5.61
6.166.16
94.2530.80
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
63.6020.78
2.46
2.46
6.626.62
101.2933.10
Total Average Fourth Quarter 2017
2.022.02
Total Average Third Quarter 2017
3.283.28
Total Average
Fee
25.578.36
Exchange Rate Margin (%)
0.350.35
Total Cost Percent (%)
2.022.02
Total Cost (MYR) Total Cost (USD)
30.9110.10
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day
Bank account Bank account (same/partner bank) Cash