Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From MYMalaysia you can also send money to

Sending money from MALAYSIA to PHILIPPINES

Data collected on: Nov 10, 2017
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
0.03
0.03
0.030.03
0.180.06
MoneyMatch Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
8.482.78
-1.12
-1.12
0.270.27
1.650.54
iRemit
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
9.543.13
-0.13
-0.13
1.431.43
8.722.86
Incentive Remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
15.905.21
-1.12
-1.12
1.481.48
9.032.96
Max Money
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
10.603.48
-0.13
-0.13
1.601.60
9.763.20
AKbar Money Change
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
16.965.56
-1.15
-1.15
1.631.63
9.943.26
Prabhu Money Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.603.48
-0.05
-0.05
1.691.69
10.313.38
CBL Money Transfer
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
10.603.48
-0.05
-0.05
1.691.69
10.313.38
GPL Remittance
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
15.905.21
-0.71
-0.71
1.891.89
11.533.78
Al-Rajhi Bank
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
12.724.17
-0.09
-0.09
1.991.99
12.143.98
EZ Money
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
15.905.21
-0.30
-0.30
2.312.31
14.094.62
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.905.21
-0.26
-0.26
2.352.35
14.344.70
IME (International Money Express)
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
14.844.87
-0.05
-0.05
2.382.38
14.524.76
iRemit
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.905.21
-0.13
-0.13
2.472.47
15.074.94
E-remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
15.905.21
-0.05
-0.05
2.552.55
15.565.10
Merchantrade Money Transfer
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.905.21
-0.05
-0.05
2.552.55
15.565.10
Unique Exchange
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
16.965.56
-0.13
-0.13
2.652.65
16.175.30
maybank2U
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
10.603.48
2.01
2.01
3.753.75
22.887.50
CIMB Group (Cash Laju)
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
10.603.48
3.50
3.50
5.245.24
31.9610.48
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.905.21
2.90
2.90
5.515.51
33.6111.02
Maybank
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
26.508.69
2.01
2.01
6.366.36
38.8012.72
United Overseas Bank
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
28.629.38
1.96
1.96
6.656.65
40.5713.30
RHB Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
28.629.38
3.51
3.51
8.208.20
50.0216.40
Total Average Fourth Quarter 2017
2.902.90
Total Average Third Quarter 2017
4.994.99
Total Average
Fee
14.934.90
Exchange Rate Margin (%)
0.450.45
Total Cost Percent (%)
2.902.90
Total Cost (MYR) Total Cost (USD)
17.685.80
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 2 days 3-5 days 6 days or more
Bank account Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
MoneyMatch Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
8.482.77
-1.12
-1.12
-0.57-0.57
-8.72-2.85
Incentive Remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
15.905.20
-1.12
-1.12
-0.08-0.08
-1.22-0.40
AKbar Money Change
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
16.965.54
-1.15
-1.15
-0.05-0.05
-0.77-0.25
WorldRemit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
0.010.00
0.03
0.03
0.030.03
0.460.15
GPL Remittance
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
15.905.20
-0.71
-0.71
0.330.33
5.051.65
iRemit
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
9.543.12
-0.13
-0.13
0.490.49
7.502.45
CBL Money Transfer
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
10.603.46
-0.05
-0.05
0.640.64
9.793.20
Max Money
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
12.724.16
-0.13
-0.13
0.700.70
10.713.50
Al-Rajhi Bank
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
12.724.16
-0.09
-0.09
0.740.74
11.323.70
EZ Money
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
15.905.20
-0.30
-0.30
0.740.74
11.323.70
Prabhu Money Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
12.724.16
-0.05
-0.05
0.780.78
11.933.90
iRemit
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.905.20
-0.13
-0.13
0.910.91
13.924.55
IME (International Money Express)
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
14.844.85
-0.05
-0.05
0.920.92
14.084.60
Unique Exchange
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
16.965.54
-0.13
-0.13
0.970.97
14.844.85
E-remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
15.905.20
-0.05
-0.05
0.990.99
15.154.95
Merchantrade Money Transfer
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.905.20
-0.05
-0.05
0.990.99
15.154.95
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
26.508.66
-0.26
-0.26
1.481.48
22.647.40
maybank2U
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
10.603.46
2.01
2.01
2.702.70
41.3113.50
Maybank
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
26.508.66
2.01
2.01
3.743.74
57.2218.70
United Overseas Bank
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
28.629.35
1.96
1.96
3.833.83
58.6019.15
CIMB Group (Cash Laju)
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
10.603.46
3.50
3.50
4.194.19
64.1120.95
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
21.206.93
2.90
2.90
4.294.29
65.6421.45
RHB Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
28.629.35
3.51
3.51
5.385.38
82.3126.90
Total Average Fourth Quarter 2017
1.481.48
Total Average Third Quarter 2017
3.483.48
Total Average
Fee
15.815.17
Exchange Rate Margin (%)
0.450.45
Total Cost Percent (%)
1.481.48
Total Cost (MYR) Total Cost (USD)
22.717.42
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 2 days 3-5 days 6 days or more
Bank account Cash Mobile wallet