Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From MYMalaysia you can also send money to

Sending money from MALAYSIA to INDONESIA

Data collected on: Feb 15, 2018
MYR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
WorldRemit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
0.010.00
1.45
1.45
1.451.45
8.852.90
AKbar Money Change
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
11.663.82
0.82
0.82
2.732.73
16.655.46
GPL Remittance
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
10.603.48
1.77
1.77
3.513.51
21.417.02
Xpress Money
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
10.603.48
1.91
1.91
3.653.65
22.277.30
KL Remit Xchange
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Low
5.301.74
3.12
3.12
3.993.99
24.347.98
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
10.603.48
2.90
2.90
4.634.63
28.249.26
Max Money
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
10.603.48
3.10
3.10
4.844.84
29.529.68
CBL Money Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
12.724.17
2.77
2.77
4.864.86
29.659.72
Incentive Remit
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
10.603.48
3.21
3.21
4.954.95
30.209.90
Merchantrade Money Transfer
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
10.603.48
3.43
3.43
5.175.17
31.5410.34
E-remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
10.603.48
3.44
3.44
5.185.18
31.6010.36
Mandiri International Remittance
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
5.301.74
4.72
4.72
5.585.58
34.0411.16
Al-Rajhi Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
10.603.48
4.08
4.08
5.815.81
35.4411.62
Unique Exchange
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
6.362.09
5.03
5.03
6.076.07
37.0312.14
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
10.603.48
5.21
5.21
6.956.95
42.4013.90
Pos Malaysia
Payment instrument
Access point
Post Office branch
Sending network coverage
Medium
Receiving method
High
10.603.48
5.21
5.21
6.956.95
42.4013.90
Maybank Money Express
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Medium
10.603.48
5.66
5.66
7.407.40
45.1414.80
HLB (Hong Leong Bank)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
10.603.48
6.58
6.58
8.328.32
50.7516.64
Maybank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
26.508.69
5.66
5.66
10.0010.00
61.0020.00
IME (International Money Express)
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
10.603.48
14.41
14.41
16.1516.15
98.5232.30
RHB Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
28.629.38
13.38
13.38
18.0718.07
110.2336.14
EZ Money
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
19.086.26
17.14
17.14
20.2720.27
123.6540.54
CIMB Group (Cash Laju)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
21.206.95
20.60
20.60
24.0724.07
146.8348.14
CIMB Group (Cash Laju)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
21.206.95
20.60
20.60
24.0724.07
146.8348.14
Total Average First Quarter
8.538.53
Total Average Fourth Quarter 2017
3.923.92
Total Average
Fee
12.324.04
Exchange Rate Margin (%)
6.516.51
Total Cost Percent (%)
8.538.53
Total Cost (MYR) Total Cost (USD)
52.0217.06
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day 2 days 3-5 days 6 days or more
Bank account Bank account (same/partner bank) Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
WorldRemit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
0.010.00
1.45
1.45
1.451.45
22.197.25
AKbar Money Change
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
13.784.50
0.82
0.82
1.721.72
26.328.60
GPL Remittance
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
10.603.46
1.77
1.77
2.462.46
37.6412.30
Xpress Money
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
10.603.46
1.91
1.91
2.602.60
39.7813.00
KL Remit Xchange
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Low
5.301.73
3.12
3.12
3.473.47
53.0917.35
CBL Money Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
12.724.16
2.77
2.77
3.603.60
55.0818.00
Max Money
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
10.603.46
3.10
3.10
3.793.79
57.9918.95
Incentive Remit
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
10.603.46
3.21
3.21
3.903.90
59.6719.50
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.905.20
2.90
2.90
3.943.94
60.2819.70
Merchantrade Money Transfer
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
10.603.46
3.43
3.43
4.124.12
63.0420.60
E-remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
10.603.46
3.44
3.44
4.134.13
63.1920.65
Al-Rajhi Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
10.603.46
4.08
4.08
4.774.77
72.9823.85
Mandiri International Remittance
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
5.301.73
4.72
4.72
5.065.06
77.4225.30
Unique Exchange
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
6.362.08
5.03
5.03
5.455.45
83.3927.25
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.905.20
5.21
5.21
6.256.25
95.6331.25
Pos Malaysia
Payment instrument
Access point
Post Office branch
Sending network coverage
Medium
Receiving method
High
15.905.20
5.21
5.21
6.256.25
95.6331.25
Maybank Money Express
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Medium
10.603.46
5.66
5.66
6.356.35
97.1631.75
HLB (Hong Leong Bank)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
10.603.46
6.58
6.58
7.287.28
111.3836.40
Maybank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
26.508.66
5.66
5.66
7.397.39
113.0736.95
RHB Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
28.629.35
13.38
13.38
15.2515.25
233.3376.25
IME (International Money Express)
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.905.20
14.41
14.41
15.4515.45
236.3977.25
EZ Money
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
19.086.24
17.14
17.14
18.3918.39
281.3791.95
CIMB Group (Cash Laju)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
21.206.93
20.60
20.60
21.9821.98
336.29109.90
CIMB Group (Cash Laju)
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
26.508.66
20.60
20.60
22.3322.33
341.65111.65
Total Average First Quarter
7.397.39
Total Average Fourth Quarter 2017
2.782.78
Total Average
Fee
13.524.42
Exchange Rate Margin (%)
6.516.51
Total Cost Percent (%)
7.397.39
Total Cost (MYR) Total Cost (USD)
113.0836.95
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day 2 days 3-5 days 6 days or more
Bank account Bank account (same/partner bank) Cash Mobile wallet