Remittance Prices Worldwide

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Sending money from MALAYSIA to MYANMAR

Data collected on: Feb 15, 2018
MYR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
AKbar Money Change
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
12.724.17
1.09
1.09
3.173.17
19.346.34
E-remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
12.724.17
1.91
1.91
4.004.00
24.408.00
Merchantrade Money Transfer
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
13.784.52
1.91
1.91
4.174.17
25.448.34
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.905.21
1.96
1.96
4.574.57
27.889.14
Total Average First Quarter
3.983.98
Total Average Fourth Quarter 2017
1.781.78
Total Average
Fee
13.784.52
Exchange Rate Margin (%)
1.721.72
Total Cost Percent (%)
3.983.98
Total Cost (MYR) Total Cost (USD)
24.277.96
Non-Transparent records
Debit/credit card Cash
Less than one hour
Cash
Payment instrument
Access point
Sending network coverage
Receiving method
AKbar Money Change
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
15.905.20
1.09
1.09
2.132.13
32.5910.65
E-remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
12.724.16
1.91
1.91
2.742.74
41.9213.70
Merchantrade Money Transfer
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
13.784.50
1.91
1.91
2.812.81
42.9914.05
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.905.20
1.96
1.96
3.003.00
45.9015.00
Total Average First Quarter
2.672.67
Total Average Fourth Quarter 2017
0.470.47
Total Average
Fee
14.584.76
Exchange Rate Margin (%)
1.721.72
Total Cost Percent (%)
2.672.67
Total Cost (MYR) Total Cost (USD)
40.8513.35
Non-Transparent records
Debit/credit card Cash
Less than one hour
Cash