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How to send money to the Netherlands

Here’s how to send a quick, affordable and secure money transfer to the Netherlands.

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Wise (TransferWise)

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  • Government regulated
  • Supports 45+ currencies
  • Uses the mid-market rate
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The Netherlands is a popular destination for travellers all over the world. If you need to send money to a business partner or a relative who lives there, you’ll want to find the best rates possible to keep transfer costs low. Since the Netherlands uses the euro, there are plenty of options to choose from when you need to send money from Malaysia. Just remember to shop around for the best deal.

Find the best money transfer to the Netherlands

Use our comparison calculator to assess transfer fees, exchange rates and other details for sending funds to the Netherlands with our money transfer partners.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 1 Same day MYR 3.99 0.215 EUR
214
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
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USD 60 1 day MYR 0.00 0.215 EUR
215
Skrill offers easy transfers to many popular destinations, but keep an eye out for added fees. Go to site Show details
USD 1 1 day MYR 7.00 0.216 EUR
214
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. Go to site Show details
USD 200 1 day MYR 5.00 0.215 EUR
214
Exclusive: Use code FINDER10 to receive US$10 off your first transaction.
InstaReM offers simple transfers with a flat 0.5% transfer fee for most transfers.
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USD 120 1 - 2 days MYR 5.00 0.214 EUR
213
Malaysia-based MoneyMatch offers competitive exchange rates for overseas money transfers from MYR to more than 70 countries. Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

Banks vs money transfer companies

Heidi compares money transfer companies

Heidi just moved from Almere to Kuala Lumpur with her husband and her twin daughters. Her extended family still lives in the Netherlands, and Heidi is always on the look-out for cheaper, quicker ways to send money between the Netherlands and Malaysia. She usually relies on her bank, but she’s recently found a few good deals through money transfer companies and wants to compare them to see if she’ll get a better deal.

Money transfer service 1Money transfer service 2
Exchange rate1 MYR = 0.2 EUR1 MYR = 0.21 EUR
Transfer feeRM15RM30
Amount received for RM5,0001,000 euros1,050 euros
Transfer timeWithin 3 business days1 to 3 business days
Transfer optionsOnline transfer to bank accountBank transfer

Heidi saves RM15 because she took the time to compare two online transfer services. While the turnaround time and exchange are the same, she was able to send more while paying a lower fee.


How do I compare transfer companies when sending money to the Netherlands?

Pay attention to these factors when comparing your options.

  • Exchange rates. How do each company’s exchange rates compare to the competition?
  • Fees. How much will you have to pay to send the transfer? Can you avoid a transfer fee if you send a larger amount?
  • Transfer methods. Can transfers be placed online, over the phone, by visiting a branch and/or by using a mobile app?
  • Transfer options. Can you lock in an ideal exchange rate now and transfer the money later, known as a forward contract? Does the institution offer limit orders, which allows you to take advantage of changing market conditions by executing the money transfer when a certain exchange rate is met? Can you schedule recurring payments, or does the company only provide one-off spot orders?
  • Turnaround time. Will the funds be available for your beneficiary in minutes, or will they take several working days to arrive?
  • Minimum transfer amount. What is the minimum transfer limit imposed by each company, and will this affect the size of your transfers?
  • Pickup methods. Can your beneficiary pick up the cash from their nearest transfer agent, or will the funds be deposited into their bank account?
  • Customer service. What sort of customer support is offered and during what hours can you receive assistance?

How can I send money to the Netherlands from Malaysia?

You can send money to the Netherlands via the following ways:

  • Bank to bank. Bank-to-bank transfers may cost more than other options but they are a secure way to send money to the Netherlands.
  • Online money transfer providers. A reliable online money transfer company can offer fast and cost-effective transactions.
  • Money transfer companies with cash pickup options. MoneyGram and Western Union are the world’s two largest providers of this service.
  • PayPal. PayPal offers secure international money transfers to many destinations around the world.
  • Cheques. International cheques can be obtained from Malaysian banks and then sent overseas.

What are the steps to send money to the Netherlands?

Depending on the service you choose, you’ll need to provide some or all of the following information:

  1. Compare your options and select a provider from the money transfer table above.
  2. Click “Go to site” and register with the provider.
  3. Start a transaction and enter information about your recipient.
  4. Pay for your transfer.
  5. Save the tracking number to follow up on your transfer.

Emergency cash transfers in the Netherlands

There are certain situations when you might need to send a transfer as quickly as possible. When you do need to send an emergency transfer, remember that you will usually have to pay extra in order to get your funds to your recipient ASAP. Make sure to check the exchange rate and fees that apply so you know exactly how much it will cost. Usually, you’ll have to pay high fees for a speedy transfer, and you’re unlikely to get a prime exchange rate for such short-notice transfers.


Tips for picking up cash in the Netherlands

Like any country, picking up cash can be risky. In order to minimize the chance of theft, follow these simple steps.

  • Avoid any areas where crime is known to be a problem.
  • Keep your wallet and/or bag safe and secure at all times.
  • Take a friend along to provide additional security and peace of mind.
  • Don’t flash your cash around in public.
  • Don’t carry large sums of money around for any longer than is absolutely necessary.
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