How to send money to Malaysia
Find out how to make a money transfer to Malaysia at the best MYR rate with these 4 steps
1. Check the MYR rate against your own currency
Making your transfer on a date when the mid-market is higher than usual gives your more MYR for your money. Follow the Malaysian ringgit rate and validate your transfer at a favorable moment.
2. Make your choice among the 13 providers sending money to Malaysia in order to find the best provider.
We compare 13 companies to transfer money to Malaysia, such as TransferWise, Western Union, MoneyGram, OFX, Xendpay. You will save big by comparing all your options to find the most competitive deal for your money transfer.
3. Select the best option that suits your needs
Search for the money transfer service with the lowest total cost, fastest transfer speed, best ratings, or a good compromise.
It is also important to take into account the options to pay for the transfer and receive the money. Local bank transfer, debit and/or credit cards are the most common payment methods to send money to Malaysia online. On the recipient's side in Malaysia, choose if you need the amount in MYR to be sent directly to the recipient's bank account or received in cash (from an agent location).
4. Sign up and get started wih your transfer with the money transfer provider of your choice
Now, simply complete the sign-up form on the money transfer provider's homepage - be aware you will often need to provide an ID and/or a proof of adress - and get started with your transfer to Malaysia.