According to RemitRoutes data (updated 1h ago), the cheapest way to send 1,000 MYR to Philippines is Western Union at 0.02% total cost. Crypto rails at 2.37% are 2.35 percentage points more expensive than the cheapest traditional option at 0.02%.
Sending $1,000 MYR. Rates measured 1h ago from live APIs · refreshed every 6 hours — never estimated.
| Provider | Type | Recipient Gets | All-In Fee | Speed |
|---|---|---|---|---|
| ✦ Western Union | Traditional | 15,367.74 PHP | 0.02% | 1 business day |
| WorldRemit | Traditional | 15,220 PHP | 0.98% | 1-2 business days |
| Wise | Traditional | 15,206.49 PHP | 1.07% | Instant |
| ✦ Binance P2P | Crypto | 15,006.43 PHP | 2.37% | ~15 seconds |
| Maybank | Traditional | 14,502.86 PHP | 5.65% | Unknown |
| Hong Leong | Traditional | 14,417.97 PHP | 6.20% | Unknown |
| HSBC Malaysia | Traditional | 14,354.72 PHP | 6.61% | Unknown |
| Public Bank Berhad | Traditional | 14,271.16 PHP | 7.16% | Unknown |
Updated every 6 hours from real APIs (Wise, CCXT, CoinGecko). No data is estimated or hardcoded. See methodology · Full MYR → PHP 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