Remittance Prices Worldwide

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Sending money from MALAYSIA to INDIA

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
-0.11
-0.11
0.050.05
0.310.10
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
0.990.32
0.14
0.14
0.300.30
1.830.60
MoneyMatch Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
8.002.62
0.31
0.31
1.621.62
9.883.24
KL Remit Xchange
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
5.001.64
1.11
1.11
1.931.93
11.773.86
Xpress Money
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
12.003.93
0.39
0.39
2.362.36
14.404.72
IME (International Money Express)
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
9.002.95
1.11
1.11
2.592.59
15.805.18
Merchantrade Money Transfer
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
10.003.28
1.11
1.11
2.752.75
16.785.50
Prabhu Money Transfer
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
10.003.28
1.11
1.11
2.752.75
16.785.50
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
10.003.28
1.11
1.11
2.752.75
16.785.50
Max Money
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
10.003.28
1.11
1.11
2.752.75
16.785.50
E-remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
12.003.93
0.83
0.83
2.792.79
17.025.58
AKbar Money Change
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
11.003.61
1.17
1.17
2.972.97
18.125.94
India International Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
10.003.28
2.09
2.09
3.723.72
22.697.44
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
10.003.28
2.39
2.39
4.034.03
24.588.06
maybank2U
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.28
3.04
3.04
4.684.68
28.559.36
Total Average First Quarter
2.542.54
Total Average Fourth Quarter 2018
2.622.62
Total Average
Fee
8.602.82
Exchange Rate Margin (%)
1.131.13
Total Cost Percent (%)
2.542.54
Total Cost (MYR) Total Cost (USD)
15.475.07
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day
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
-0.11
-0.11
-0.05-0.05
-0.77-0.25
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
5.001.63
0.14
0.14
0.470.47
7.192.35
MoneyMatch Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
8.002.61
0.31
0.31
0.830.83
12.704.15
Xpress Money
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
13.004.25
0.39
0.39
1.241.24
18.976.20
KL Remit Xchange
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
5.001.63
1.11
1.11
1.441.44
22.037.20
E-remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
12.003.92
0.83
0.83
1.611.61
24.638.05
Merchantrade Money Transfer
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
10.003.27
1.11
1.11
1.771.77
27.088.85
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
10.003.27
1.11
1.11
1.771.77
27.088.85
Max Money
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
10.003.27
1.11
1.11
1.771.77
27.088.85
Prabhu Money Transfer
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
11.003.59
1.11
1.11
1.831.83
28.009.15
AKbar Money Change
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
13.004.25
1.17
1.17
2.022.02
30.9110.10
IME (International Money Express)
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
14.004.58
1.11
1.11
2.032.03
31.0610.15
India International Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
10.003.27
2.09
2.09
2.742.74
41.9213.70
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
12.003.92
2.39
2.39
3.183.18
48.6515.90
maybank2U
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.27
3.04
3.04
3.693.69
56.4618.45
Total Average First Quarter
1.761.76
Total Average Fourth Quarter 2018
1.821.82
Total Average
Fee
9.603.14
Exchange Rate Margin (%)
1.131.13
Total Cost Percent (%)
1.761.76
Total Cost (MYR) Total Cost (USD)
26.878.78
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day
Bank account Cash