When sending money internationally, most people focus on transfer fees — but there’s another critical cost you might be overlooking: the exchange rate. In the remittance world, even a small difference in rates can mean a lot for both the sender and the receiver.
Many remittance services advertise "zero fees" but hide their profit margins in poor exchange rates. For example:
Service A charges 0% fee but offers 1 MYR = 28.5 BDT
Service B (like Takajet) charges a small fee but gives 1 MYR = 29.3 BDT
If you’re sending 1,000 MYR, Service A delivers 28,500 BDT, while Service B gives 29,300 BDT — a difference of 800 BDT. That’s a meal, a school book, or even a month’s mobile bill for someone in need.
In real financial markets, sending and receiving rates differ. This spread reflects the true cost of converting money across borders and currencies. For instance:
MYR → BDT: 1 MYR = 29.3 BDT
BDT → MYR: 30 BDT = 1 MYR
Takajet honors this real-world system to ensure fairness and transparency, instead of oversimplified flat rates that cost users in the long run.
When choosing how to send money abroad, compare more than just fees. Ask yourself:
What exchange rate am I being offered?
Is there a difference between the mid-market rate and the one I’m getting?
Are there hidden costs masked by low transfer fees?
At Takajet, we:
Offer realistic and competitive exchange rates for both directions
Maintain clear and upfront pricing
Continuously update rates based on market performance
This means you get more value for every unit of currency — and your recipient gets more support where it matters.
Conclusion:
Exchange rates aren't just numbers — they’re the invisible factor that determines the true cost of international transfers. At Takajet, we believe transparency builds trust. That’s why we make sure every MYR, BDT, INR, or USD you send works harder for the people who need it.