Remittance corridor · World Bank RPW · 2025Q3

Malaysia → China

What it costs to send from Malaysia to China on World Bank RPW $200 sends (4.7% average), with the cheapest provider on record and the gap to the UN 3% target.

4.7%
Average cost
2.4%
Cheapest · MoneyGram
9
Providers tracked

How the 4.7% average cost breaks down

World Bank RPW splits total remittance cost into the provider's transaction fee and the exchange-rate margin applied to the transfer. Same 2025Q3 figures as the detail table below.

Corridor-cost tercile vs fleet

Malaysia → China posts a mid-tercile 4.7% average cost (~4.3-6.6% fleet band), ranking #146 of 348. Cheapest tracked floor: 2.4%.

#146 of 348
cheapest-cost corpus rank
4.7%
average cost of a $200 transfer
-2.6pp
vs the 7.3% average of 348 corridors
+1.7pp
gap to the UN 3% target

Compared against the 348 corridors in the 2025Q3 release, not a generic headline figure.

C-
Corridor Value Score
50/100
Malaysia to China

Based on average cost, delivery speed, FX margin, provider competition, and cost trend from World Bank Remittance Prices Worldwide data, benchmarked against all 348 tracked corridors - not a quote or a prediction of what you will pay.

Cost C
4.69%
Average total cost, sending $200-equivalent
Speed F
Same day
Average delivery time, latest quarter
FX transparency C
1.39%
Exchange-rate margin above the mid-market rate
Competition B-
9 providers
Number of providers actively quoting this corridor
Cost trend F
+0.42pp
Change in average cost vs. the prior quarter

What changed

World Bank RPW release record: 2025Q1 to 2025Q3

  • Average transfer cost changed from 4.27% to 4.69% (+0.42 percentage points).
  • Providers recorded by the source changed from 8 to 9 (+1 provider).
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Where this corridor sits by provider panel size

Malaysia → China has 9 World Bank RPW providers among 377 tracked corridors (inventory signal, not a cost-quality ranking). Orthogonal to the cost comparison below.

Malaysia → China vs all corridors by provider count

Where this corridor's RPW provider panel sits among every tracked route

9 138th of 377 higher than 239 of 377 corridors

Corridors, banded by RPW provider inventory

Each bar is a band; taller bars hold more corridors. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.

Source World Bank Remittance Prices Worldwide · 2026-08-10

How Malaysia → China compares

Average cost of a $200 transfer, percent, lower is cheaper

Malaysia → China4.69%Cheapest provider2.43%348-corridor average (2025Q3)7.25%World Bank global average6.4%UN SDG 10.c target3%

Source: World Bank Remittance Prices Worldwide (RPW); UN SDG 10.c As of 2025Q3

SDG 10.c progress (target: 3%) 85.9%
Cheapest

4.69% average - 1.7pp above target

Cost trend: Malaysia → China

Average and cheapest cost of a $200 transfer over time, percent

0%2%4%6%8% 2015Q42017Q12018Q22019Q32020Q42022Q12023Q22024Q32025Q3 4.69%2.43% CheapestAverage

Source: World Bank Remittance Prices Worldwide (RPW) As of 2025Q3

Sending Country

Malaysia
East Asia & Pacific
3.98%
Avg outbound cost
0
All corridors from Malaysia →

Receiving Country

China
East Asia & Pacific
7.91%
Avg inbound cost
$30.0B
Total remittances received
All corridors to China →

Nearby Corridors from Malaysia

Malaysia sends through 8 corridors we track. Comparing them against the Malaysia → China route shows whether this destination is cheap or expensive relative to that country's other outbound options.

#DestinationAvg costCheapest
1Myanmar0.3%0.1%
2Nepal2.8%1.9%
3India3.3%1.2%
4Vietnam3.8%2.1%
5Philippines3.9%1.3%

World Bank RPW fee spread

Release 2025Q3 MY→CN

4.7% avg · 2.4% floor · 2.26pp spread on $200

  • AVG 4.7%
  • CHEAP 2.4%
  • SPREAD 2.26pp
  • SDG +1.7pp
  • RANK #146 of 348
  • REL 2025Q3
  • PANEL 9
New Zealand→India4.68%United States→Haiti4.7%United Kingdom→Lithuania4.67%Malaysia→China (this)4.69%
Cross-sender corridors nearest Malaysia → China by average RPW cost (2025Q3)

Fee spread manifest for Malaysia → China: entity-varying RPW stamps plus cross-sender ABS(avg_cost) peers from the current release. Compare corridors side-by-side →

Mid-band transfer cost on Malaysia → China

World Bank RPW tracks Malaysia → China at 4.69% average cost as of 2025Q3.

That cheapest figure comes from the World Bank's mystery-shopping survey: trained researchers pose as customers and obtain real quotes for a standardized $200 transfer, across the 9 banks, money transfer operators, post offices and mobile-money providers RPW tracks on this corridor. It is a snapshot from that survey quarter, not a live guarantee -- confirm the current rate directly with the provider before sending.

Costs here have crept up 0.42 percentage points over the tracked period, bucking the wider trend toward cheaper transfers seen on most corridors. Across 39 quarters on record, average cost ranged 3.1%–7.5%, with 0 quarters at or under the UN 3% target. It sits 1.7 pp above the UN SDG 10.c 3% target.

About Malaysia → China data

PlainRemit compares international money-transfer costs across tracked corridors so you can see which routes and providers charge the least before you send money abroad. This corridor's figures are computed directly from the World Bank Remittance Prices Worldwide (RPW) quarterly survey, a mystery-shopping panel of actual transfer quotes for a standardized $200 transfer.

Average 4.69%; cheapest observed 2.43% via MoneyGram; 9 providers tracked across 39 RPW quarters; vintage 2026-08-10.

Frequently Asked Questions

How much does it cost to send money from Malaysia to China?

Average 4.69% of the transfer amount (World Bank RPW, 2025Q3). Cheapest observed: 2.43% via MoneyGram.

What is the cheapest way to send money from Malaysia to China?

Lowest RPW survey quote: 2.43% (MoneyGram). Panel is high-tercile with 9 providers tracked.

Is the Malaysia to China corridor meeting the UN SDG cost target?

Not yet: 4.7% is 1.7pp above the UN SDG 10.c 3% target.

Where does Malaysia → China sit among tracked remittance corridors?

According to World Bank Remittance Prices Worldwide average cost among 348 tracked corridors on PlainRemit, Malaysia → China ranks #146 of 348 (cheapest = #1). Ordinal uses latest_avg_cost ASC matching /rankings/cheapest. See /methodology#corpus-placement.

Source: World Bank, Remittance Prices Worldwide (RPW) Database (2011-2025). See our methodology for details.

Disclaimer: PlainRemit is for general informational purposes only, not financial, tax, or investment advice. PlainRemit is independent and not affiliated with or endorsed by the World Bank.