The best services to transfer money to Malaysia
List of the best services to transfer money from the UK to Malaysia:
🪙 Cheapest to a bank account | InstaReM |
🥇 Fastest to a debit card | TransferGo and MoneyGram |
💳 Best with credit card payment | Western Union and Xe |
💸 Convenient Card-to-Card | TransferGo and MoneyGram |
💶 Easiest cash pickup | Western Union and Remitly |
🎁 Special offers for first transfers | Wise |
Transferring money to a foreign country has nowadays been simplified, following the establishment of different online services that can be used to facilitate the transfer of funds from one country to another. Although these services have in the recent past increased, it is important to select the most suitable services that enable you to transfer money easily, and at an affordable cost. Furthermore, some of these services have in the past fraud some clients, by failing to transfer their funds to the correct bank accounts.
Therefore, to ensure that the money you send to your family at overseas is safe, you need to check on our website, since it contains useful insights regarding the best way to send money to Malaysia. This article contains steps and ways that can be used by the customer to send money to Malaysia at a very affordable cost.
How to send money to Malaysia online?
- Enter the country of departure – United Kingdom.
- Enter the country of receipt – Malaysia.
- Select the departure currency - you can send money online from the UK in GBP, EUR, USD.
- Enter the transfer amount in the selected currency - for example, 2000 GBP.
- Select receipt currency - the recipient can receive money in Malaysia in MYR, USD, EUR.
- Choose an appropriate option from the 10 proposed providers and follow the link to process a money transfer from the UK to Malaysia.
Available options for receiving remittances to Malaysia
We have found several available options for receiving remittances in Malaysia. Receiving a transfer in Malaysia can be done to a bank account, mobile wallet, card or in cash.
How do I send money to Malaysia to a card?
How do I transfer money to Malaysia to a bank account?
How do I send money to Malaysia to a mobile wallet?
Different ways to pay for money transfers to Malaysia
We have found a few convenient ways to pay for money transfers to Malaysia. You can use a Bank account, Debit card, PISP, SWIFT, Credit card, Plaid, Google Pay, WU Pay or Trustly to pay for transfers to Malaysia.
How to transfer money to Malaysia with a debit card?
How to send money to Malaysia from a bank account?
How to remit money to Malaysia by credit card?
How to send cash to Malaysia?
How to wire money to Malaysia using Bank Debit (ACH)?
Which payment method should you use to send money to Malaysia?
The choice of payment method to be used to send money to Malaysia depends on many factors. This includes the location of the recipient and the amount of money the client would wish to transfer to an overseas account. Taking these factors into consideration, the customer can use our website to determine the amount of costs to be incurred before selecting the best method to use. Among the payment options that the customer can use are online payment options like InstaReM, Xe Money Transfer, TransferWise, and Remitly.
Moreover, the customer can wire the money directly into the recipient's bank account, so that he or she can access the money using a credit card once it has arrived. Each of these methods has got terms and conditions that the customer should meet. Additionally, the customer should keep in mind that the duration that it would take for the recipient to receive the money depends on the transfer location.
Top 10 money transfer providers for sending money to Malaysia
Provider | Rate | Fees and special offers |
---|---|---|
InstaReM | 5.6461 MYR | £20 off first 2 transfers with code FROMTO20X2 |
Wise | 5.6513 MYR | Fees = 8.74 GBP |
Western Union | 5.6198 MYR | First transfer is fee-free |
Xe | 5.6069 MYR | Special rate for new customers |
Remitly | 5.5972 MYR | Special rate and no fees on your first transfer |
TransferGo | 5.5875 MYR | No fees and a special rate on your first 2 transfers |
WorldRemit | 5.5799 MYR | First 3 transfers are fee-free with code 3FREE |
Profee | 5.5765 MYR | First transfer is fee-free |
OFX | 5.5747 MYR | No fees |
MoneyGram | 5.5352 MYR | No fees |
Which service should you use to send money to Malaysia?
Our website enables you to determine the best service to transfer money to Malaysia by giving you a range of options to choose from. Furthermore, the website contains very important information regarding these services that the client should go through before determining the easiest way to transfer money to Malaysia. It also guides the client before making a choice, by giving them insights regarding the exchange rates on that particular day, which is essential in ensuring that the customer doesn't incur extra costs.
Reliable online remittance providers to Malaysia
Send money from the UK to Malaysia with Wise
Wise (formerly TransferWise) offers some great options for sending money from the UK to Malaysia. | |
💱 Is it cheap? | The exchange rate at Wise is 5.6513 MYR for 1 GBP. The fees and transfer speed depend on the payment option you choose and can vary. |
💲 How to pay? | The best way to pay is via PISP, Bank account or SWIFT. There is also the option of paying using Debit card or Credit card, but the fees will be higher. |
⌚ Is it fast? | The fastest way to send money is via PISP, Bank account, Debit card or Credit card. The transfer will then be processed instantly. If you use SWIFT for payment, it will take up to 1 day. |
💰 How to receive? | There is only one option available from Wise for transfers to Malaysia - money can be received into a bank account. |
Send money from the UK to Malaysia with Xe
Xe has good and reliable option to transfer money from the UK to Malaysia. | |
💱 Is it cheap? | XE has set a special exchange rate for new customers - 1 MYR can be exchanged for 5.6069 GBP. |
💲 How to pay? | The transfer to Malaysia can be paid by Bank account, Credit card or Debit card. |
⌚ Is it fast? | If you pay via Bank account, Credit card or Debit card, the transfer will be delivered within 24 hours. |
💰 How to receive? | Using XE, the recipient will only be able to receive transfers from the UK to their own bank account. |
Send money from the UK to Malaysia with TransferGo
TransferGo has several convenient and cheap options to transfer money from the UK to Malaysia. | |
💱 Is it cheap? | TransferGo offers a good exchange rate of 5.5875 MYR per 1 GBP and does not charge any fees for the first two transfers. |
💲 How to pay? | The cheapest way to pay for transfers to Malaysia is via Debit card, Credit card or Bank account. |
⌚ Is it fast? | The fastest way to send money is to use a Debit card or Credit card to pay for the transfer. That way, it will only take a few minutes between sending and receiving at TransferGo. |
💰 How to receive? | The money transfer can be received in the following ways - Bank account or Visa. |
Send money from the UK to Malaysia with Profee
Profee makes instant, fast and secure card-to-card transfers from the UK to Malaysia with no hidden fees. | |
💱 Is it cheap? | Profee has a low exchange rate - 1 MYR will be converted to 5.5765 GBP. |
💲 How to pay? | Two types of bank cards - MasterCard and Visa, as well as Apple Pay or Google Pay - can be used to pay for money transfers to Malaysia. |
⌚ Is it fast? | If you need to send money from the UK quickly, Profee is the best option. All card-to-card transfers are instantaneous. |
💰 How to receive? | Visa and MasterCard are used for receiving transfers from the UK as well as for sending. |
How Much Does It Cost To Wire Money to Malaysia?
Advantages of using our website
- It guarantees the safety of the customer’s money.
- It provides quality services at a very affordable price.
- Our website contains a variety of options that are suitable for sending money to a foreign country.
- It contains reliable information on exchange rates, allowing the client to determine the best service to use.
FAQ
What is the best way to send money from the UK to Malaysia (GBP → MYR)?
What is the fastest way to transfer money from the UK to Malaysia (GBP → MYR)?
What is the cheapest way to transfer money from the US to Malaysia (USD → MYR)?
How long does it take to send money from the US to Malaysia (USD → MYR)?
What payment methods to use for transfers from the UK to Malaysia?
How to receive money transfer from the UK in Malaysia?
How to send money from the UK to Malaysia for free?
Popular destinations for transfers to Malaysia
- Afghanistan
- Åland Islands
- Albania
- Algeria
- American Samoa
- Andorra
- Angola
- Anguilla
- Antigua and Barbuda
- Argentina
- Armenia
- Aruba
- Australia
- Austria
- Azerbaijan
- Bahamas
- Bahrain
- Bangladesh
- Barbados
- Belarus
- Belgium
- Belize
- Benin
- Bermuda
- Bhutan
- Bolivia
- Bosnia And Herzegovina
- Botswana
- Brazil
- British Virgin Islands
- Brunei
- Bulgaria
- Burkina Faso
- Burundi
- Cambodia
- Cameroon
- Canada
- Cape Verde
- Caribbean Netherlands
- Cayman Islands
- Central African Republic
- Chad
- Chile
- China
- Colombia
- Comoros
- Congo
- Congo RDC
- Cook Islands
- Costa Rica
- Croatia
- Cuba
- Curacao
- Cyprus
- Czech Republic
- Denmark
- Djibouti
- Dominica
- Dominican Republic
- Ecuador
- Egypt
- El Salvador
- Equatorial Guinea
- Eritrea
- Estonia
- Ethiopia
- Faroe Islands
- Fiji
- Finland
- France
- French Guiana
- French Polynesia
- Gabon
- Gambia
- Georgia
- Germany
- Ghana
- Gibraltar
- Greece
- Greenland
- Grenada
- Guadeloupe
- Guam
- Guatemala
- Guinea
- Guinea-Bissau
- Guyana
- Haiti
- Honduras
- Hong Kong
- Hungary
- Iceland
- India
- Indonesia
- Iran
- Iraq
- Ireland
- Israel
- Italy
- Ivory Coast
- Jamaica
- Japan
- Jordan
- Kazakhstan
- Kenya
- Kiribati
- Kosovo
- Kuwait
- Kyrgyzstan
- Laos
- Latvia
- Lebanon
- Lesotho
- Liberia
- Libya
- Liechtenstein
- Lithuania
- Luxembourg
- Macao
- Macedonia
- Madagascar
- Malawi
- Malaysia
- Maldives
- Mali
- Malta
- Marshall Islands
- Martinique
- Mauritania
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- Mayotte
- Mexico
- Micronesia
- Moldova
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- Mongolia
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- Myanmar
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- Netherlands
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- New Caledonia
- New Zealand
- Nicaragua
- Niger
- Nigeria
- Northern Mariana Islands
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- Oman
- Pakistan
- Palau
- Palestine
- Panama
- Papua New Guinea
- Paraguay
- Peru
- Philippines
- Poland
- Portugal
- Puerto Rico
- Qatar
- Réunion
- Romania
- Russia
- Rwanda
- Saint Barthélemy
- Saint Kitts And Nevis
- Saint Lucia
- Saint Martin
- St Vincent & the Grenadines
- Samoa
- San Marino
- Sao Tome and Principe
- Saudi Arabia
- Senegal
- Serbia
- Seychelles
- Sierra Leone
- Singapore
- Sint Maarten
- Slovakia
- Slovenia
- Solomon Islands
- Somalia
- South Africa
- South Korea
- South Sudan
- Spain
- Sri Lanka
- Sudan
- Suriname
- Swaziland
- Sweden
- Switzerland
- Syrian Arab Republic
- Taiwan
- Tajikistan
- Tanzania
- Thailand
- Timor-Leste
- Togo
- Tonga
- Trinidad And Tobago
- Tunisia
- Turkey
- Turkmenistan
- Turks and Caicos Islands
- Tuvalu
- Uganda
- Ukraine
- United Arab Emirates
- United Kingdom
- United States
- US Minor Outlying Islands
- US Virgin Islands
- Uruguay
- Uzbekistan
- Vanuatu
- Vatican
- Venezuela
- Vietnam
- Wallis And Futuna
- Yemen
- Zambia
- Zimbabwe