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 28, 2017
MYR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
iRemit
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
9.543.13
0.33
0.33
1.901.90
11.593.80
Prabhu Money Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.603.48
0.50
0.50
2.242.24
13.664.48
CBL Money Transfer
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
10.603.48
0.93
0.93
2.662.66
16.235.32
iRemit
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.905.21
0.33
0.33
2.942.94
17.935.88
Al-Rajhi Bank
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
12.724.17
1.17
1.17
3.263.26
19.896.52
MoneyMatch Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
8.482.78
1.87
1.87
3.263.26
19.896.52
IME (International Money Express)
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
14.844.87
0.93
0.93
3.363.36
20.506.72
E-remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
15.905.21
0.93
0.93
3.533.53
21.537.06
Merchantrade Money Transfer
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.905.21
0.93
0.93
3.533.53
21.537.06
GPL Remittance
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
15.905.21
0.93
0.93
3.533.53
21.537.06
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.905.21
1.01
1.01
3.623.62
22.087.24
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.905.21
1.51
1.51
4.124.12
25.138.24
maybank2U
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
10.603.48
2.86
2.86
4.604.60
28.069.20
Unique Exchange
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
16.965.56
2.70
2.70
5.485.48
33.4310.96
Incentive Remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
15.905.21
3.13
3.13
5.735.73
34.9511.46
EZ Money
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
15.905.21
3.97
3.97
6.586.58
40.1413.16
Maybank
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
26.508.69
2.86
2.86
7.217.21
43.9814.42
United Overseas Bank
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
28.629.38
3.12
3.12
7.817.81
47.6415.62
CIMB Group (Cash Laju)
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
10.603.48
6.51
6.51
8.258.25
50.3316.50
RHB Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
28.629.38
5.04
5.04
9.749.74
59.4119.48
AKbar Money Change
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
16.965.56
8.63
8.63
11.4111.41
69.6022.82
Total Average Third Quarter
4.994.99
Total Average Second Quarter
4.294.29
Total Average
Fee
15.855.20
Exchange Rate Margin (%)
2.392.39
Total Cost Percent (%)
4.994.99
Total Cost (MYR) Total Cost (USD)
30.439.98
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
Payment instrument
Access point
Sending network coverage
Receiving method
iRemit
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
9.543.12
0.33
0.33
0.960.96
14.694.80
Prabhu Money Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
12.724.16
0.50
0.50
1.331.33
20.356.65
iRemit
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.905.20
0.33
0.33
1.371.37
20.966.85
CBL Money Transfer
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
10.603.46
0.93
0.93
1.621.62
24.798.10
IME (International Money Express)
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
14.844.85
0.93
0.93
1.901.90
29.079.50
E-remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
15.905.20
0.93
0.93
1.971.97
30.149.85
Merchantrade Money Transfer
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15.905.20
0.93
0.93
1.971.97
30.149.85
GPL Remittance
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
15.905.20
0.93
0.93
1.971.97
30.149.85
Al-Rajhi Bank
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
High
12.724.16
1.17
1.17
2.012.01
30.7510.05
MoneyMatch Transfer
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
8.482.77
1.87
1.87
2.422.42
37.0312.10
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
26.508.66
1.01
1.01
2.742.74
41.9213.70
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
21.206.93
1.51
1.51
2.902.90
44.3714.50
maybank2U
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
10.603.46
2.86
2.86
3.563.56
54.4717.80
Unique Exchange
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
16.965.54
2.70
2.70
3.813.81
58.2919.05
Incentive Remit
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
15.905.20
3.13
3.13
4.174.17
63.8020.85
Maybank
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
26.508.66
2.86
2.86
4.604.60
70.3823.00
United Overseas Bank
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
28.629.35
3.12
3.12
4.994.99
76.3524.95
EZ Money
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
15.905.20
3.97
3.97
5.015.01
76.6525.05
RHB Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
28.629.35
5.04
5.04
6.916.91
105.7234.55
CIMB Group (Cash Laju)
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
10.603.46
6.51
6.51
7.217.21
110.3136.05
AKbar Money Change
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Medium
16.965.54
8.63
8.63
9.739.73
148.8748.65
Total Average Third Quarter
3.483.48
Total Average Second Quarter
2.802.80
Total Average
Fee
16.715.46
Exchange Rate Margin (%)
2.392.39
Total Cost Percent (%)
3.483.48
Total Cost (MYR) Total Cost (USD)
53.2917.42
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