Discover how to send money to Malaysia with the best MYR exchange rate in four easy steps
Transfering money on a favorable day can help you save money. Keep track of the mid-market exchange rate and send the money when the mid-market rate is close to its highest level of the last few days.
Do you need to make a transfer to Malaysia with the most competitive provider, with the fastest option or with the provider with the best ratings?
Another important aspect is to have a look at the payment solution and pay-out options. You will often find money transfer providers allowing you to wire the money from your bank account, some will also allow you to pay with your cards. To receive the money in Malaysia, choose if you need the converted amount to be sent directly to the recipient's bank account or be available for cash pick-up.
Go to the provider's homepage to sign up (you usually have to give information to confirm your identity), and configure your money transfer to Malaysia.