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Find the best ways to send money to India from Malaysia

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Compare 5 results

  • 1,900 MYR =
    33,646 INR
    2 days
    1st transfer is FREE up to £1000 equivalent for Monito users
    Best deal
    Monito Score
    9.5
    Go to Wise
    You pay
    1,900 MYR
    Payment options
    1st transfer is FREE up to £1000 equivalent for Monito users
    Applies to new Wise customers only. Available on first transfer only.
    • Bank transfer 2 days
      13.87 MYR 0 MYR
    Exchange rate
    Wise's exchange rate (1 MYR = 17.7082 INR) is 0.06% better than the mid-market exchange rate, subtracting -1.18 MYR from the total cost of this transfer.
    -1.17 MYR -1.18 MYR
    33,646 INR
    arrives in India
  • 1,900 MYR =
    33,384 INR
    2 days
    RM10 off on your first transfer with code MONIMY10
    261.94 INR less than with Wise
    Monito Score
    8.0
    Go to InstaReM
    RM10 off on your first transfer with code MONIMY10
    You pay
    1,900 MYR
    Payment options
    • Bank transfer 2 days
      7.60 MYR
    • Direct bank payment 2 days
      7.60 MYR
    Exchange rate
    InstaReM's exchange rate (1 MYR = 17.6409 INR) is 0.32% worse than the mid-market exchange rate, adding 6.02 MYR to the total cost of this transfer.
    6.02 MYR
    33,384 INR
    arrives in India
  • 1,900 MYR =
    33,280 INR
    2 days
    365.36 INR less than with Wise
    Monito Score
    7.8
    Go to WorldRemit
    You pay
    1,900 MYR
    Payment options
    • Bank transfer 2 days
      5 MYR
    • Debit card 2 days
      5 MYR
    Exchange rate
    WorldRemit's exchange rate (1 MYR = 17.5621 INR) is 0.76% worse than the mid-market exchange rate, adding 14.47 MYR to the total cost of this transfer.
    14.47 MYR
    33,280 INR
    arrives in India
  • 1,900 MYR =
    32,355 INR
    In minutes
    1,291.05 INR less than with Wise
    Monito Score
    8.4
    Go to Skrill
    You pay
    1,900 MYR
    Payment options
    • Debit card In minutes
      0 MYR
    • Credit card In minutes
      37.81 MYR
    Exchange rate
    Skrill's exchange rate (1 MYR = 17.0287 INR) is 3.78% worse than the mid-market exchange rate, adding 71.77 MYR to the total cost of this transfer.
    71.77 MYR
    32,355 INR
    arrives in India
  • 1,900 MYR =
    31,987 INR
    3-5 days
    1,658.37 INR less than with Wise
    Monito Score
    5.4
    Go to PayPal
    You pay
    1,900 MYR
    Payment options
    • Bank transfer 3-5 days
      21.16 MYR
    • PayPal 3-5 days
      21.16 MYR
    Exchange rate
    PayPal's exchange rate (1 MYR = 17.0250 INR) is 3.80% worse than the mid-market exchange rate, adding 71.37 MYR to the total cost of this transfer.
    71.37 MYR
    31,987 INR
    arrives in India

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

To transfer your Malaysian ringgits to a bank account in Indian rupees in India, Wise currently offer the best deal you can get with zero transfer fees and a competitive MYR-INR conversion rate (their current rate is 1 MYR = 17.7082 INR).

Adding the fees and exchange rate margin, the total cost with Wise is -1.18 MYR, but the total cost would be 92.53 MYR (roughly -78x as much) if you selected to use PayPal for the very same transfer.

Two other money transfer providers that could be interesting for your transfer are InstaReM and WorldRemit.

This recommendation was updated a few minutes ago.

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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:

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Best Ways to Send Money from Malaysia to India

FAQ about money transfers to India from Malaysia

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

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.

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  • 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.

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