Remittance Prices Worldwide

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Sending money from MALAYSIA to THAILAND

Data collected on: May 14, 2020
MYR | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
12.003.93
1.02
Percentage difference between market reference rate 7.41 and exchange rate charged 7.33
1.02
2.982.98
18.185.96
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
5.001.64
0.94
Percentage difference between market reference rate 7.41 and exchange rate charged 7.34
0.94
1.761.76
10.743.52
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
5.001.64
0.61
Percentage difference between market reference rate 7.41 and exchange rate charged 7.36
0.61
1.431.43
8.722.86
United Overseas Bank
Firm type: Bank
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
27.008.85
2.50
Percentage difference between market reference rate 7.41 and exchange rate charged 7.22
2.50
6.936.93
42.2713.86
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
20.006.56
1.42
Percentage difference between market reference rate 7.41 and exchange rate charged 7.30
1.42
4.704.70
28.679.40
RHB Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
27.008.85
8.85
Percentage difference between market reference rate 7.41 and exchange rate charged 6.75
8.85
13.2713.27
80.9526.54
MoneyMatch Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
Medium
8.002.62
3.31
Percentage difference between market reference rate 7.41 and exchange rate charged 7.16
3.31
4.624.62
28.189.24
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
45.5014.92
2.77
Percentage difference between market reference rate 7.41 and exchange rate charged 7.20
2.77
10.2310.23
62.4020.46
maybank2U
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.28
5.88
Percentage difference between market reference rate 7.41 and exchange rate charged 6.97
5.88
7.527.52
45.8715.04
Maybank
Firm type: Bank
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
25.008.20
5.88
Percentage difference between market reference rate 7.41 and exchange rate charged 6.97
5.88
9.989.98
60.8819.96
Total Average Second Quarter
6.346.34
Total Average First Quarter
6.096.09
Total Average
Fee
18.456.05
Exchange Rate Margin (%)
3.323.32
Total Cost Percent (%)
6.346.34
Total Cost (MYR) Total Cost (USD)
38.6912.68
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Next day 2 days 3-5 days 6 days or more
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.004.90
1.02
Percentage difference between market reference rate 7.41 and exchange rate charged 7.33
1.02
2.002.00
30.6010.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
10.003.27
0.94
Percentage difference between market reference rate 7.41 and exchange rate charged 7.34
0.94
1.591.59
24.337.95
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
10.003.27
0.61
Percentage difference between market reference rate 7.41 and exchange rate charged 7.36
0.61
1.261.26
19.286.30
United Overseas Bank
Firm type: Bank
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
27.008.82
2.50
Percentage difference between market reference rate 7.41 and exchange rate charged 7.22
2.50
4.274.27
65.3321.35
Tik FX
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
20.006.54
1.42
Percentage difference between market reference rate 7.41 and exchange rate charged 7.30
1.42
2.732.73
41.7713.65
RHB Bank
Firm type: Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
High
27.008.82
8.85
Percentage difference between market reference rate 7.41 and exchange rate charged 6.75
8.85
10.6110.61
162.3353.05
MoneyMatch Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
Medium
8.002.61
3.31
Percentage difference between market reference rate 7.41 and exchange rate charged 7.16
3.31
3.833.83
58.6019.15
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
78.0025.49
2.77
Percentage difference between market reference rate 7.41 and exchange rate charged 7.20
2.77
7.877.87
120.4139.35
maybank2U
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
10.003.27
5.88
Percentage difference between market reference rate 7.41 and exchange rate charged 6.97
5.88
6.536.53
99.9132.65
Maybank
Firm type: Bank
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
High
25.008.17
5.88
Percentage difference between market reference rate 7.41 and exchange rate charged 6.97
5.88
7.517.51
114.9037.55
Total Average Second Quarter
4.824.82
Total Average First Quarter
4.664.66
Total Average
Fee
23.007.52
Exchange Rate Margin (%)
3.323.32
Total Cost Percent (%)
4.824.82
Total Cost (MYR) Total Cost (USD)
73.7524.10
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Next day 2 days 3-5 days 6 days or more
Bank account Cash