According to RemitRoutes data (updated 3h ago), the cheapest way to send 1,000 MYR to Indonesia is Indodax at -0.25% total cost. Crypto rails at -0.25% are 0.54 percentage points cheaper than the cheapest traditional option at 0.29%.
Sending $1,000 MYR. Rates measured 3h ago from live APIs · refreshed every 6 hours — never estimated.
| Provider | Type | Recipient Gets | All-In Fee | Speed |
|---|---|---|---|---|
| ✦ Indodax | Crypto | 4,397,394.96 IDR | -0.25% (crypto premium) | ~1 second |
| Western Union | Traditional | 4,374,000 IDR | 0.29% | 1 business day |
| Wise | Traditional | 4,342,477.78 IDR | 1.01% | Instant |
| WorldRemit | Traditional | 4,330,245.56 IDR | 1.29% | 1-2 business days |
| Maybank | Traditional | 4,089,262.08 IDR | 6.78% | Unknown |
| HSBC Malaysia | Traditional | 4,061,231.59 IDR | 7.42% | Unknown |
| Public Bank Berhad | Traditional | 4,020,203.46 IDR | 8.35% | Unknown |
| Hong Leong | Traditional | 3,953,171.54 IDR | 9.88% | Unknown |
Updated every 6 hours from real APIs (Wise, CCXT, CoinGecko). No data is estimated or hardcoded. See methodology · Full MYR → IDR cost data
In Q3 2026, crypto rails delivered 1.18% above mid-market on average versus 1.76% all-in for traditional providers across 462 corridors — crypto was cheaper at or below mid-market in 41.8% of corridors and delivered above mid-market via P2P premium routes in a further 56.1%.
→ Cross-Border Cost Index — Q3 2026