Remittance corridor · World Bank RPW · 2025Q3
Malaysia → India
Provider panel is high-tercile (13 RPW providers) on Malaysia → India - denser competition than the bulk of the corridor book.
- 3.3%
- Average cost
- 1.2%
- Cheapest · Western Union
- 13
- Providers tracked
How the 3.3% 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.
Provider-panel tercile vs fleet
RPW lists 13 providers on this corridor - above the fleet panel tercile (~9). Average cost is 3.3%.
- #59 of 348
- cheapest-cost corpus rank
- 3.3%
- average cost of a $200 transfer
- -3.9pp
- vs the 7.3% average of 348 corridors
- +0.3pp
- gap to the UN 3% target
Compared against the 348 corridors in the 2025Q3 release, not a generic headline figure.
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.
What changed
World Bank RPW release record: 2025Q1 to 2025Q3
- Average transfer cost changed from 3.04% to 3.33% (+0.29 percentage points).
Subscribe to this corridor's cost changes (RSS) — one item per World Bank RPW release, no account or email required.
Where this corridor sits by provider panel size
Malaysia → India has 13 World Bank RPW providers among 377 tracked corridors (inventory signal, not a cost-quality ranking). Orthogonal to the cost comparison below.
Malaysia → India vs all corridors by provider count
Where this corridor's RPW provider panel sits among every tracked route
13 28th of 377 higher than 349 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 → India compares
Average cost of a $200 transfer, percent, lower is cheaper
3.33% average - 0.3pp above target
Cost trend: Malaysia → India
Average and cheapest cost of a $200 transfer over time, percent
Sending Country
Receiving Country
Nearby Corridors from Malaysia
Malaysia sends through 8 corridors we track. Comparing them against the Malaysia → India route shows whether this destination is cheap or expensive relative to that country's other outbound options.
| # | Destination | Avg cost | Cheapest |
|---|---|---|---|
| 1 | Myanmar | 0.3% | 0.1% |
| 2 | Nepal | 2.8% | 1.9% |
| 3 | Vietnam | 3.8% | 2.1% |
| 4 | Philippines | 3.9% | 1.3% |
| 5 | Thailand | 4.7% | 2.2% |
World Bank RPW fee spread
Release 2025Q3 MY→IN
3.3% avg · 1.2% floor · 2.09pp spread on $200
- AVG 3.3%
- CHEAP 1.2%
- SPREAD 2.09pp
- SDG +0.3pp
- RANK #59 of 348
- REL 2025Q3
- PANEL 13
Cross-sender cost peers
Fee spread manifest for Malaysia → India: entity-varying RPW stamps plus cross-sender ABS(avg_cost) peers from the current release. Compare corridors side-by-side →
Dense provider panel on Malaysia → India
RPW records 13 providers on Malaysia → India - above the fleet panel tercile (~9). Average cost is 3.33% on $200 sends.
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 13 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 on this route have stayed essentially flat, moving 0.29 percentage points over the tracked period, unusual stability against the broader downward trend seen on most corridors. Across 39 quarters on record, average cost ranged 1.7%–3.4%, with 29 quarters at or under the UN 3% target. It sits 0.3 pp above the UN SDG 10.c 3% target.
About Malaysia → India 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 3.33%; cheapest observed 1.24% via Western Union; 13 providers tracked across 39 RPW quarters; vintage 2026-08-10.
Frequently Asked Questions
How much does it cost to send money from Malaysia to India?
Average 3.33% of the transfer amount (World Bank RPW, 2025Q3) - lower fleet tercile (below ~4.3%). Cheapest observed: 1.24% via Western Union.
What is the cheapest way to send money from Malaysia to India?
Lowest RPW survey quote: 1.24% (Western Union). Panel is high-tercile with 13 providers tracked.
Is the Malaysia to India corridor meeting the UN SDG cost target?
Not yet: 3.3% is 0.3pp above the UN SDG 10.c 3% target.
Where does Malaysia → India sit among tracked remittance corridors?
According to World Bank Remittance Prices Worldwide average cost among 348 tracked corridors on PlainRemit, Malaysia → India ranks #59 of 348 (cheapest = #1). Ordinal uses latest_avg_cost ASC matching /rankings/cheapest. See /methodology#corpus-placement.
Read our methodology - how this data is sourced, computed, and verified.