What's the best way to transfer money from Malaysia to India? 💸

We recommend using a specialist currency provider for the money transfer from Malaysia to India . You will get a much better exchange rate and lower fees than at your bank. All the providers for your money transfer from Malaysia to India you can compare on Monito . You will compare all the fees, hidden conversion costs, and percentage fees that money transfer services charge for your money transfers from Malaysia to India.

What's the cheapest way to send money from Malaysia to India? 💱

The cheapest way to send money from Malaysia to India depends on the amount of the transfer, payment method, and pick-up option. The cheapest way to transfer money internationally is to use a specialist money transfer service. They provide much more competitive rates, fees, and commissions than banks. Use Monito comparison widget - just say where you want to send money to and how much and we'll give you a ranking of all the money transfer services from the cheapest to the most expensive.

How to send money from Malaysia to a bank in India at the best rate? 🏦

If you look for a cheap, safe, and fast way to send money from Malaysia to India , consider the services of online money transfer providers. All of them you can compare side-by-side on Monito and find the cheapest way to send money from Malaysia to India . Here's a step-by-step guide on how to send money from Malaysia to a bank account in India with a money transfer specialist: Compare money transfer services on Monito Open an account online with one of the money transfer operators of your choice Set-up your transfer and provide your beneficiary bank details in India Pay for your transfer in MYR by wire transfer, debit or credit card The money is on its way to India 💸

Find the best ways to send money to India from Malaysia

Monito's comparison engine is trusted by 6 million users every year
Monito users have saved nearly $40 million in fees to date!
We only recommend regulated and secure companies.

As featured on

10M+ money transfer comparisons made

With more than six million searches run in 2020 alone, Monito's real-time comparison engine is a world leader in comparing international money transfer services.
$38M+ in Transfer fees saved

By choosing a transfer service found on Monito, the average user pays a total of just 0.59% in fees and exchange rates. Compared to the 4.6% paid at a bank or traditional cash transfer service, Monito users have saved nearly $40 million in total to date!
200 services reviewed and compared

For every service appearing on Monito, our experts build in-depth reviews using dozens of verifiable criteria to make clear, actionable recommendations to guide your decisions.
650 guides to help you avoid hidden fees

Far too often, sending money abroad is both pricey and problematic. That's exactly why our team of experts works tirelessly to offer the most in-depth, up-to-date, and helpful consumer advice for your disposal.

Monito's Recommendations for Sending Money from Malaysia to India

Today's cheapest money transfer service might not be the cheapest tomorrow. Find the one that's best suited to your needs and preference by comparing the best performers on Monito's comparison engine over the past 30 days for transfers from Malaysia to India:

Best Ways to Send Money from Malaysia to India

The best rated: Wise (9.5/10) and Skrill (8.4/10)
The cheapest: WorldRemit
The fastest: Skrill

Best Rated Providers to Send Money from Malaysia to India

9.5

8.4

8.0

7.8

FAQ about money transfers to India from Malaysia

What's the best way to transfer money from Malaysia to India? 💸

We recommend using a specialist currency provider for the money transfer from Malaysia to India. You will get a much better exchange rate and lower fees than at your bank.
All the providers for your money transfer from Malaysia to India you can compare on Monito. You will compare all the fees, hidden conversion costs, and percentage fees that money transfer services charge for your money transfers from Malaysia to India.
What's the cheapest way to send money from Malaysia to India? 💱

The cheapest way to send money from Malaysia to India depends on the amount of the transfer, payment method, and pick-up option.
The cheapest way to transfer money internationally is to use a specialist money transfer service. They provide much more competitive rates, fees, and commissions than banks.
Use Monito comparison widget - just say where you want to send money to and how much and we'll give you a ranking of all the money transfer services from the cheapest to the most expensive.
How to send money from Malaysia to a bank in India at the best rate? 🏦
If you look for a cheap, safe, and fast way to send money from Malaysia to India, consider the services of online money transfer providers. All of them you can compare side-by-side on Monito and find the cheapest way to send money from Malaysia to India.
Here's a step-by-step guide on how to send money from Malaysia to a bank account in India with a money transfer specialist:
1. Compare money transfer services on Monito
2. Open an account online with one of the money transfer operators of your choice
3. Set-up your transfer and provide your beneficiary bank details in India
4. Pay for your transfer in MYR by wire transfer, debit or credit card
5. The money is on its way to India 💸

See Monito's In-Depth Money Transfer Guides

Find the Cheapest Way to Transfer Money Internationally

November 2, 2021 - by François Briod

Find the Fastest Way To Send Money Internationally

July 22, 2021 - by François Briod

International Money Transfers: Banks vs Specialist Services

July 8, 2021 - by Byron Mühlberg

The Best Money Transfer Services Ranked By Monito Score

June 7, 2021 - by François Briod

Everyone wins, except expensive solutions

With our model, the only losers are the expensive banks or providers you’ll stop using!

To ensure our independence, we always use transparent, objective and verifiable criteria in our comparison. No provider can buy their way to the top of our results.

We include as many providers as possible in our comparison and have partnerships with almost all major and innovative providers.

We make sure you never pay more than if you went directly to the provider of your choice. We even negotiate special offers for you with many of our partners.

You save money on your transfer by selecting the cheapest provider.
The best providers earn new customers without expensive marketing, helping keep their costs (and prices) low.
Monito receives a referral fee from the provider you selected. This enables us to offer our service to you for free.

Questions you may have

How can I use Monito to find the best option to send money to India?

Before each international money transfer, you should come and compare the costs of the different options on Monito, as they may have changed. The cheapest option is at the top, of our results but you may want to consider other criteria such as the speed of transaction or the pay-in or pay-out methods.
I simply use my bank to send money to India, do I really need to compare other options?

Of course! Banks are usually not the best way to make international money transfers. The fees can be quite low (and sometimes even zero), but beware of the poor exchange rates which banks often apply. We list as many banks as possible in our results, so do compare to find out if you’d be better off switching to another bank or a specialized money transfer company.
Can I trust a company I found on Monito but never heard about before?

Yes. We only list money transfer operators or banks that are fully authorized and monitored by the regulation authorities of the countries where they operate.
Is it possible to send money with Monito, or are you just a service to compare money transfer services?

Monito is not a money transfer company. We’re here to help you find the best way to send money to India.

Why Trust Monito?

You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe.

Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.

Learn more about Monito

Monito is Trusted by 15+ Millions Users across the globe.
Monito's experts spend hours researching and testing services
Affiliate commissions we may receive never impact our independence

Mid-market exchange rate

To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source from XE.

Find the best ways to send money to India from Malaysia

How to send money from Malaysia to India at the best rate?

Monito's Recommendations for Sending Money from Malaysia to India

Best Ways to Send Money from Malaysia to India

Best Rated Providers to Send Money from Malaysia to India

FAQ about money transfers to India from Malaysia

See Monito's In-Depth Money Transfer Guides

Everyone wins, except expensive solutions

Questions you may have

Why Trust Monito?

Mid-market exchange rate