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FX live, 150 of 153 currencies refreshed 15 Oct 2026 from open.er-api.com (exchangerate-api.com). The remainder use a seeded reference rate.
PayNet · launched 2004
Malaysia's online banking redirect, priced as a flat per-transaction fee and therefore very cheap on large baskets.
A scheme- or regulator-set rate, or a widely reported figure. Source: PayNet flat FPX transaction fee.
Market
In force since 7 Jul 2023
1% effective
relative · from 0%
relative · 4 revisions
Online · percentage component
Rates are step functions: each level holds until it is replaced.
Every recorded change, newest first, with the movement from the rate it replaced.
7 Jul 2023 → current
20 Oct 2021 → 7 Jul 2023
Volume tier thresholds revised.
7 Sept 2020 → 20 Oct 2021
Online pricing across every country where this method is available, with the cost on a MYR 100.00 payment for comparison.
| Market | Listed fee | Cost on 100 | Effective | Since | Basis |
|---|---|---|---|---|---|
| Malaysia | MYR 1.00 | MYR 1.00 | 1% | 7 Jul 2023 | Reported rate |
1 Jan 2019 → 7 Sept 2020