Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From MYMalaysia you can also send money to

Sending money from MALAYSIA to PHILIPPINES

Data collected on: Jul 27, 2018
MYR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
MoneyMatch Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
8.002.62
0.86
0.86
2.172.17
13.244.34
CBL Money Transfer
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
10.003.28
0.71
0.71
2.352.35
14.344.70
Prabhu Money Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.28
0.71
0.71
2.352.35
14.344.70
Max Money
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
10.003.28
0.71
0.71
2.352.35
14.344.70
E-remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
15.905.21
0.02
0.02
2.632.63
16.045.26
IME (International Money Express)
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
14.004.59
0.71
0.71
3.003.00
18.306.00
GPL Remittance
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
15.004.92
0.56
0.56
3.023.02
18.426.04
Merchantrade Money Transfer
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.004.92
0.71
0.71
3.173.17
19.346.34
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.004.92
0.76
0.76
3.213.21
19.586.42
Al-Rajhi Bank
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
12.003.93
1.24
1.24
3.213.21
19.586.42
EZ Money
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
15.004.92
0.86
0.86
3.323.32
20.256.64
AKbar Money Change
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
16.005.25
1.09
1.09
3.713.71
22.637.42
Incentive Remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
15.004.92
1.47
1.47
3.933.93
23.977.86
maybank2U
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
10.003.28
2.76
2.76
4.404.40
26.848.80
CIMB Group (Cash Laju)
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
10.003.28
4.58
4.58
6.226.22
37.9412.44
Maybank
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
25.008.20
2.76
2.76
6.866.86
41.8513.72
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.004.92
4.97
4.97
7.437.43
45.3214.86
United Overseas Bank
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
27.008.85
3.38
3.38
7.807.80
47.5815.60
RHB Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
27.008.85
5.53
5.53
9.969.96
60.7619.92
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
Unique Exchange
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
15.004.92
0.00
0.00
2.462.46
15.014.92
Total Average Third Quarter
4.184.18
Total Average Second Quarter
4.324.32
Total Average
Fee
15.004.92
Exchange Rate Margin (%)
1.721.72
Total Cost Percent (%)
4.184.18
Total Cost (MYR) Total Cost (USD)
25.488.36
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 Cash
Payment instrument
Access point
Sending network coverage
Receiving method
E-remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
15.905.20
0.02
0.02
1.061.06
16.225.30
CBL Money Transfer
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
10.003.27
0.71
0.71
1.361.36
20.816.80
MoneyMatch Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
8.002.61
0.86
0.86
1.381.38
21.116.90
Prabhu Money Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
12.003.92
0.71
0.71
1.491.49
22.807.45
Max Money
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
12.003.92
0.71
0.71
1.491.49
22.807.45
GPL Remittance
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
15.004.90
0.56
0.56
1.541.54
23.567.70
IME (International Money Express)
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
14.004.58
0.71
0.71
1.621.62
24.798.10
Merchantrade Money Transfer
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.004.90
0.71
0.71
1.691.69
25.868.45
EZ Money
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
15.004.90
0.86
0.86
1.841.84
28.159.20
Al-Rajhi Bank
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
12.003.92
1.24
1.24
2.032.03
31.0610.15
AKbar Money Change
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
16.005.23
1.09
1.09
2.142.14
32.7410.70
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
25.008.17
0.76
0.76
2.392.39
36.5711.95
Incentive Remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
15.004.90
1.47
1.47
2.452.45
37.4912.25
maybank2U
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
10.003.27
2.76
2.76
3.423.42
52.3317.10
Maybank
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
25.008.17
2.76
2.76
4.404.40
67.3222.00
United Overseas Bank
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
27.008.82
3.38
3.38
5.145.14
78.6425.70
CIMB Group (Cash Laju)
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
10.003.27
4.58
4.58
5.245.24
80.1726.20
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
20.006.54
4.97
4.97
6.286.28
96.0831.40
RHB Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
27.008.82
5.53
5.53
7.297.29
111.5436.45
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
Unique Exchange
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
15.004.90
0.00
0.00
0.980.98
14.994.90
Total Average Third Quarter
2.762.76
Total Average Second Quarter
2.822.82
Total Average
Fee
15.955.21
Exchange Rate Margin (%)
1.721.72
Total Cost Percent (%)
2.762.76
Total Cost (MYR) Total Cost (USD)
42.2513.81
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 Cash