Remittance Prices Worldwide

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Sending money from MALAYSIA to NEPAL

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
1.48
1.48
1.481.48
9.032.96
MoneyMatch Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
8.482.78
1.75
1.75
3.143.14
19.156.28
Merchantrade Money Transfer
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
10.603.48
1.93
1.93
3.673.67
22.397.34
Prabhu Money Transfer
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
10.603.48
1.93
1.93
3.673.67
22.397.34
AKbar Money Change
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
16.965.56
1.07
1.07
3.853.85
23.497.70
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
14.844.87
1.52
1.52
3.953.95
24.107.90
E-remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
10.603.48
2.27
2.27
4.014.01
24.468.02
Al Rajhi Bank i-Tahweel
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
15.905.21
1.71
1.71
4.324.32
26.358.64
Max Money
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
13.784.52
2.31
2.31
4.574.57
27.889.14
IME (International Money Express)
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
13.784.52
2.50
2.50
4.764.76
29.049.52
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.905.21
2.18
2.18
4.794.79
29.229.58
Incentive Remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
15.905.21
2.65
2.65
5.265.26
32.0910.52
Total Average First Quarter
3.963.96
Total Average Fourth Quarter 2017
2.602.60
Total Average
Fee
12.284.03
Exchange Rate Margin (%)
1.941.94
Total Cost Percent (%)
3.963.96
Total Cost (MYR) Total Cost (USD)
24.137.91
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day
Cash
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
1.48
1.48
1.481.48
22.647.40
AKbar Money Change
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
16.965.54
1.07
1.07
2.172.17
33.2010.85
MoneyMatch Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
8.482.77
1.75
1.75
2.302.30
35.1911.50
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
14.844.85
1.52
1.52
2.492.49
38.1012.45
Merchantrade Money Transfer
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
10.603.46
1.93
1.93
2.632.63
40.2413.15
Al Rajhi Bank i-Tahweel
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
15.905.20
1.71
1.71
2.752.75
42.0813.75
E-remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
10.603.46
2.27
2.27
2.972.97
45.4414.85
Prabhu Money Transfer
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
15.905.20
1.93
1.93
2.972.97
45.4414.85
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.905.20
2.18
2.18
3.223.22
49.2716.10
Max Money
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
15.905.20
2.31
2.31
3.353.35
51.2616.75
IME (International Money Express)
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
19.806.47
2.50
2.50
3.803.80
58.1419.00
Incentive Remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
21.206.93
2.65
2.65
4.044.04
61.8120.20
Total Average First Quarter
2.852.85
Total Average Fourth Quarter 2017
1.491.49
Total Average
Fee
13.844.52
Exchange Rate Margin (%)
1.941.94
Total Cost Percent (%)
2.852.85
Total Cost (MYR) Total Cost (USD)
43.5714.24
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day
Cash