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

The cheapest way to send money from Malaysia to Monaco is through an online provider. Among the 5 available, [Western Union](https://go.monito.com/western-union?lng=en) was most often the cheapest provider (in 67.1% of the searches on Monito.com in the past 3 months).

What are the best providers to send money from Malaysia to Monaco?

Here are the providers that were the most often the cheapest in the comparisons of the past 30 days on Monito.com: [Western Union](https://go.monito.com/western-union?lng=en) (cheapest in 67.1% of the searches) [Instarem](https://go.monito.com/instarem?lng=en) (cheapest in 28.7% of the searches) [Wise](https://go.monito.com/wise?lng=en) (cheapest in 4.3% of the searches)

How much does it cost to send money from Malaysia to Monaco?

If you send money with the cheapest available provider, the total cost of a MYR-EUR transfer was 0.4% of the transfer amount (including all fees and exchange rates) over the past month. In contrast, the cost of the most expensive option was 2.7%.

Is Western Union a good option for sending money from Malaysia to Monaco?

Western Union is a popular provider, with the biggest agent location network. The average cost of online money transfers from Malaysia to Monaco with Western Union* is 0.6% of the amount you send, whereas the cheapest online services have an average cost of 0.4%. [Western Union](https://go.monito.com/western-union?lng=en) is the provider that is most often the cheapest for money transfers to a cash pick-up location in Monaco. *Sending money from physical agent locations with Western Union is usually much more expensive than using their online service.

What's the cheapest provider to send money from Malaysia to a cash pick-up location in Monaco?

Over the past 3 months, the provider that was most often the cheapest for cash pick-up transfers in Monaco was [Western Union](https://go.monito.com/western-union?lng=en), with an average cost of 1.7% of the amount you send (includes fees + exchange rate margin). The average total cost to send to a bank account rather than to a pick-up location during the same period was 0.4%. [Western Union](https://go.monito.com/western-union?lng=en) was the provider most often the cheapest for transfers to bank accounts in Monaco.

What is the fastest option to send money from Malaysia to Monaco

The provider that was most often the fastest provider in comparisons of the past 30 days was [Instarem](https://go.monito.com/instarem?lng=en) (average fastest transfer time: In minutes)

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Top Providers For transfers from Malaysia to Monaco

Based on 1,715 comparisons made by Monito users in the past 3 months.

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Best for Transfers to a Bank Account

Cheapest
8.6

Cheapest

in 67% of all comparisons
Go to Western Union
Top rated
9.0

Top rated

in 100% of all comparisons
Go to Wise
Fastest
8.3

Fastest

in 53% of all comparisons
Go to Instarem

Best of 5 providers. Compare all

Best for Transfers to Cash Pickup

Top provider
8.6

Cheapest

in 100% of all comparisons
Top rated

in 100% of all comparisons
Fastest

in 100% of all comparisons
Go to Western Union
Cheapest

in 100% of all comparisons
Top rated

in 100% of all comparisons
Fastest

in 100% of all comparisons

Best of 1 provider. Compare all

Stay on top of the market

1 MYR = EUR Mid-market exchange rate

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Compare 3 providers for a 2,000 MYR transfer from Malaysia to Monaco

Results updated . 1 month ago

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Sorted by amount received

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Best deal
8.3
Our score
The score is based on our independent, in-depth evaluation based on over 50 data points.

Trust & Credibility

8.9
Service & Quality

6.7
Fees & Exchange Rates

9.3
Customer Satisfaction

8.4
Read the full review
Includes zero transfer fees on your first transfer Details

Transfer time

Fee & rates

Recipient gets

In minutes

Pay by Direct bank payment

Recipient gets

Fee Free

Exchange rate 0.2179

0.07% worse than mid‑market rate

435.80 EUR

433.42 EUR

You pay

2,000.00 MYR

Fee

0.00 MYR

10.00 MYR

Exchange rate

0.2179

0.2178

1 MYR = 0.2179 EUR

0.07% worse than mid‑market rate 0.2180

Recipient gets
435.80 EUR

433.42 EUR

Transferred to a bank account

Details Go to Instarem Go
8.6
Our score
The score is based on our independent, in-depth evaluation based on over 50 data points.

Trust & Credibility

9.0
Service & Quality

8.5
Fees & Exchange Rates

7.4
Customer Satisfaction

9.5
Read the full review
Over 10 million online customers

Transfer time

Fee & rates

Recipient gets

3 days

Pay by Bank transfer

Recipient gets

Fee 15.00 MYR

Exchange rate 0.2184

0.16% better than mid‑market rate

433.51 EUR

You pay

2,000.00 MYR

Fee

15.00 MYR

Exchange rate

0.2184

1 MYR = 0.2184 EUR

0.16% better than mid‑market rate 0.2180

Recipient gets
433.51 EUR

Transferred to a bank account

Details Go to Western Union Go

We source transfer fees, rates and other data from money transfer providers in different ways - in most cases in real time. We constantly monitor the quality of our comparison data, but we cannot guarantee its accuracy.

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With more than 7 million searches per year, Monito's real-time comparison engine is a world leader in comparing international money transfer services.
$80M+ 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 around $80 million in total to date!
200+ providers 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.
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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.

Monito's Recommendations for Sending Money from Malaysia to Monaco

Advertiser disclosure

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 Monaco:

Best Ways to Send Money from Malaysia to Monaco

The best rated: Wise (9/10)
The cheapest: Western Union and Instarem
The fastest: Instarem

Frequently Asked Questions

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

The cheapest way to send money from Malaysia to Monaco is through an online provider. Among the 5 available, Western Union was most often the cheapest provider (in 67.1% of the searches on Monito.com in the past 3 months).
What are the best providers to send money from Malaysia to Monaco?
Here are the providers that were the most often the cheapest in the comparisons of the past 30 days on Monito.com:
- Western Union (cheapest in 67.1% of the searches)
- Instarem (cheapest in 28.7% of the searches)
- Wise (cheapest in 4.3% of the searches)
How much does it cost to send money from Malaysia to Monaco?

If you send money with the cheapest available provider, the total cost of a MYR-EUR transfer was 0.4% of the transfer amount (including all fees and exchange rates) over the past month.
In contrast, the cost of the most expensive option was 2.7%.
Is Western Union a good option for sending money from Malaysia to Monaco?

Western Union is a popular provider, with the biggest agent location network. The average cost of online money transfers from Malaysia to Monaco with Western Union* is 0.6% of the amount you send, whereas the cheapest online services have an average cost of 0.4%.

Western Union is the provider that is most often the cheapest for money transfers to a cash pick-up location in Monaco.

*Sending money from physical agent locations with Western Union is usually much more expensive than using their online service.
What's the cheapest provider to send money from Malaysia to a cash pick-up location in Monaco?

Over the past 3 months, the provider that was most often the cheapest for cash pick-up transfers in Monaco was Western Union, with an average cost of 1.7% of the amount you send (includes fees + exchange rate margin).

The average total cost to send to a bank account rather than to a pick-up location during the same period was 0.4%. Western Union was the provider most often the cheapest for transfers to bank accounts in Monaco.
What is the fastest option to send money from Malaysia to Monaco

The provider that was most often the fastest provider in comparisons of the past 30 days was Instarem (average fastest transfer time: In minutes)

About Money Transfers from Malaysia to Monaco

Monito compares 5 providers offering international money transfer services from Malaysia to Monaco. The total cost of the cheapest available option at any given point in the past month was 0.4% of the transferred amount. In comparison, the total cost of the most expensive provider was on average 2.7%.

💸 Number of providers	5
🏆 Cheapest provider (on average)	Western Union
💰 Lowest total cost (on average)	0.4%
💰 Highest total cost (on average)	2.7%
💸 Most transferred amount	2000 MYR
⚡ ️Fastest transfer time	In minutes
💳 Pay-in options	Bank transfer, Debit card, Credit card, Direct bank payment
💵 Pay-out options	Bank account, Cash pickup
👍 Recommended providers	Instarem, Wise, Skrill, OFX

See Monito's In-Depth Money Transfer Guides

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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 Monaco?

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 Monaco, 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 Monaco.

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.

Why You Can Trust Us

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

Today, Monito’s award-winning comparisons, reviews, and guides (no longer just about money transfers but also digital accounts, travel cards, eSIMs, and travel insurance) are trusted by millions each year. Our recommendations are backed by our comparison data and dozens of expert tests, allowing you to confidently make the savviest decisions.

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Find the best ways to send money to Monaco from Malaysia

Top Providers For transfers from Malaysia to Monaco

Best for Transfers to a Bank Account

Best for Transfers to Cash Pickup

Stay on top of the market

Get our email alerts

Compare 3 providers for a 2,000 MYR transfer from Malaysia to Monaco

Monito's Recommendations for Sending Money from Malaysia to Monaco

Best Ways to Send Money from Malaysia to Monaco

Frequently Asked Questions

About Money Transfers from Malaysia to Monaco

Best Rated Providers to Send Money from Malaysia to Monaco

See Monito's In-Depth Money Transfer Guides

Everyone wins, except expensive solutions

Questions you may have

Mid-market exchange rate

Why You Can Trust Us