According to RemitRoutes data (updated 4h ago), the cheapest way to send 1,000 MYR to Indonesia is Western Union at 0.52% total cost. Crypto rails at 0.60% are 0.08 percentage points more expensive than the cheapest traditional option at 0.52%.
Sending $1,000 MYR. Rates measured 4h ago from live APIs · refreshed every 6 hours — never estimated.
| Provider | Type | Recipient Gets | All-In Fee | Speed |
|---|---|---|---|---|
| ✦ Western Union | Traditional | 4,353,888.89 IDR | 0.52% | 1 business day |
| ✦ Indodax | Crypto | 4,350,280.44 IDR | 0.60% | ~1 second |
| Wise | Traditional | 4,325,327.78 IDR | 1.17% | Instant |
| WorldRemit | Traditional | 4,315,491.11 IDR | 1.40% | 1-2 business days |
| HSBC Malaysia | Traditional | 4,073,935.27 IDR | 6.92% | Unknown |
| Maybank | Traditional | 4,060,587.4 IDR | 7.22% | Unknown |
| Public Bank Berhad | Traditional | 3,997,274.97 IDR | 8.67% | Unknown |
| Hong Leong | Traditional | 3,965,537.2 IDR | 9.39% | 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