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Why Exchange Rates Matter: The Hidden Cost of Sending Money Abroad

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.

The Exchange Rate Trap

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.

Understanding Dual-Rate Systems

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.

What to Look for in a Remittance Service

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?

How Takajet Makes It Better

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.

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