• MoneyGram

MoneyGram is a remittance product offered by CIMB Islamic Bank to allow individual customer’s to send and receive money at any CIMB Islamic Bank branches in Malaysia. 

Benefits:

Send and Receive Money at:

  • all CIMB Islamic Bank-Malaysia branches
  • all appointed MoneyGram Agents or Partner Banks worldwide network of more than 339,000 locations.
     

A service that provides flexibility to both the Sender and Receiver of a money transfer by allowing various modes of payment for the money transfer transaction:

  • Cash to Cash
    Sender pays cash; receiver will collect cash payouts at MoneyGram partner locations
    .
  • Account to Cash
    Money was debited from the sender's account, receive will collect cash payment at MoneyGram partners locations.

Delivery Time: Immediate delivery

Transaction limit:

Minimum = RM1 per transaction

Maximum = RM20,000 per customer per day

 

Customers are required to fill in:

  • MoneyGram Send Money Form:
    The sender initiates the transaction by completing the "MoneyGram Send Money" form, provides proper identification and pays the Bank either via account debiting or present cash over the counter to cover the transfer amount plus applicable fees. The Bank immediately processes the transaction
  • MoneyGram Receive Money Form:
    To collect the money, the receiver completes the "MoneyGRam Receive Money" form and provides proper identification. The Bank then verifies and processes the transaction and pays the transfer amount to the receiver.

 

*CIMB Islamic Bank branches are co-located at CIMB Bank branches nationwide.

China

From To Fee
0.01 1,400.00 35 / transaction
1,400.01 7,000.00 60 / transaction
7,000.01 15,000.00 100 / transaction
15,000.01 20,000.00 3.00% / transaction

India

From To Fee
0.01 1,000.00 10 / transaction
1,000.01 2,000.00 12 / transaction
2,000.01 3,000.00 13 / transaction
3,000.01 20,000.00 18 / transaction

Indonesia

From To Fee
0.01 1,500.00 10 / transaction
1,500.01 3,000.00 13 / transaction
3,000.01 20,000.00 18 / transaction

Myanmar

From To Fee
0.01 5,000.00 14 / transaction
5,000.01 8,000.00 28 / transaction
8,000.01 10,000.00 45 / transaction
10,000.01 20,000.00 63 / transaction

Nepal

From To Fee
0.01 2,000.00 14 / transaction
2,000.01 3,000.00 24 / transaction
3,000.01 5,000.00 33 / transaction
5,000.01 10,000.00 35 / transaction
10,000.01 15,000.00 40 / transaction
15,000.01 20,000.00 45 / transaction

Philippines

From To Fee
0.01 1,500.00 15 / transaction
1,500.01 3,000.00 25 / transaction
3,000.01 20,000.00 35 / transaction

Pakistan

From To Fee
0.01 3,500.00 14 / transaction
3,500.01 5,000.00 28 / transaction
5,000.01 15,000.00 30 / transaction
15,000.01 20,000.00 40 / transaction

Sri Lanka

From To Fee
0.01 3,500.00 13 / transaction
3,500.01 15,000.00 25 / transaction
15,000.01 20,000.00 38 / transaction

Thailand

From To Fee
0.01 1,400.00 45.5 / transaction
1,400.01 7,000.00 78 / transaction
7,000.01 15,000.00 130 / transaction
15,000.01 20,000.00 3.00% / transaction

Vietnam

From To Fee
0.01 1,500.00 16 / transaction
1,500.01 3,000.00 25 / transaction
3,000.01 4,000.00 37 / transaction
4,000.01 10,000.00 40 / transaction
10,000.01 20,000.00 45 / transaction

General pricing fee for customers who send money from Malaysia to all Corridors except Bangladesh, Cambodia, China, India, Indonesia, Myanmar, Nepal, Phillipines, Pakistan, Sri Lanka, Thailand and Vietnam.


Currency MYR   

From To Fee
0.01 350.00 50 / transaction
350.01 550.00 55 / transaction
550.01 700.00 60 / transaction
700.01 1,000.00 70 / transaction
1,000.01 1,300.00 110 / transaction
1,300.01 1,700.00 115 / transaction
1,700.01 2,000.00 120 / transaction
2,000.01 2,500.00 135 / transaction
2,500.01 2,600.00 140 / transaction
2,600.01 3,000.00 145 / transaction
3,000.01 3,500.00 170 / transaction
3,500.01 4,000.00 185 / transaction
4,000.01 5,000.00 220 / transaction
5,000.01 6,000.00 250 / transaction
6,000.01 7,000.00 310 / transaction
7,000.01 8,600.00 380 / transaction
8,600.01 10,000.00 420 / transaction
10,000.01 10,500.00 450 / transaction
10,500.01 12,000.00 480 / transaction
12,000.01 14,000.00 570 / transaction
14,000.01 16,000.00 600 / transaction
16,000.01 18,000.00 710 / transaction
18,000.01 20,000.00 725 / transaction

The special pricing fee for customers who send money from Malaysia to the below countries are:

Currency MYR


Bangladesh

From To Fee
0.01 900.00 9 / transaction
900.01 1,500.00 11 / transaction
1,500.01 3,000.00 15 / transaction
3,000.01 20,000.00 18 / transaction

Cambodia

From To Fee
0.01 1,400.00 19.5 / transaction
1,400.01 7,000.00 32.5 / transaction
7,000.01 20,000.00 42.5 / transaction
Call Our Consumer Contact Centre:
+603 6204 7788
(Local and Overseas)