Send money to Malaysia quickly and cheaply

Compare money transfer providers and take advantage of low fees and competitive exchange rates when you send money to Malaysia.

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In the table below, enter the amount of money you wish to transfer to Malaysia. Compare speed, exchange rates and fees to choose the provider best suited to your needs.

WorldFirst International Money Transfers

International Money Transfer Offer

Over 400,000 individuals and businesses globally use WorldFirst to make quick and easy transfers. WorldFirst offers a price match guarantee and special rates for Finder customers only.

  • Minimum transfer amount: £1,000
  • More than 50 currencies
  • Same-day transfers available

    Compare services that send money to Malaysia from the UK

    Table: sorted by a combination of service offering and the amount your recipient will receive

    Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
    GBP 1,000 1 - 2 days GBP 0.00 5.305 MYR
    5,305
    Better exchange rates for Finder customers.
    Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.
    Go to site Show details
    GBP 50 Same day GBP 2.99 5.337 MYR
    5,321
    Use promo code 3FREE to send your first 3 transfers with no fee.
    Send money online anytime, anywhere, with a simple to use platform and transparent fees and exchange rates shown upfront.
    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.

    How to send money to Malaysia in 3 easy steps

    1. Choose a money transfer provider. Use our table to compare rates, transfer fees and more. Then pick the best one for your money transfer needs and set up un account on the provider’s site.
    2. Pick your payment method. Choose to pay from your bank account, credit card or debit card.
    3. Send your funds. The money will be deposited into your recipient’s account, or sent to a cash pick up location.

    How do I compare money transfer companies when sending money to Malaysia?

    As with any product, you’ll find the best deal by shopping around. When you’re using our table to compare, keep the following in mind:

    • Exchange rate and fees. Make sure you compare both. While one company might offer a great rate, it might charge higher fees. On the other hand, a company offering a poorer rate may have low or zero fees. Equally, some providers will waive fees if you’re transferring a larger amount.
    • Pick up methods. Some transfer companies require that you transfer funds to the recipient’s bank account. Others give recipients the option of picking up cash, which can be particularly useful if the recipient does not have a bank account.
    • Transfer methods. If you’re dealing with a mainstream bank you can visit a branch to transfer funds. Otherwise, depending on the service provider you choose, you can transfer funds over the phone, on an app, online, at stores or at specific kiosks.
    • Transfer time. If the recipient needs money in a hurry, your best bet is to look for a service that allows cash pickups because this method normally takes no more than a day. Bank account transfers can take between one and five business days.
    • Minimum transfer amounts. The minimum you can transfer can vary from one service provider to the next. While some may let you transfer as little as one Great Britain pound, some others have minimum limits as high as £1,000.
    • Customer service. If you plan on transferring money to Malaysia on an ongoing basis, you may want to look for a company that offers high levels of customer service, along with support via phone, chat and email.

    Global Reach
    Global Reach
    Send money overseas in a few simple steps Lock in your exchange rate for up to two years Best exchange rate guarantee Personalised quotes and professional customer service
    WorldRemit
    WorldRemit
    Use the code 3FREE to pay no fees on your first three money transfers Choose how you want to send your money - via bank transfer, cash pickup or mobile money Instant money transfers available
    Currencies Direct
    Currencies Direct
    Currencies Direct make moving money abroad simple, swift and secure. Great rates, no fees and expert support whether you transfer online, over the phone or by app. Available in more than 200 countries and 40 currencies
    TransferWise
    TransferWise
    Sign up and start sending money within minutes with this peer-to-peer transfer service Transfer money at the mid-market exchange rate No hidden fees Transfers from pounds typically only take one day
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    4 Responses

    1. Default Gravatar
      GinnyNovember 13, 2018

      Does the Malaysian government limit the amount that can be transferred to a Malaysian bank?

      • Avatarfinder Customer Care
        JhezNovember 23, 2018Staff

        Hello Ginny,

        Thank you for your comment.

        There are some Malaysian banks that have their own set of limits per transfer. Most of the Malaysian banks let you transfer a maximum transfer limit of RM 50, 000 and daily transfer limit of MYR 10, 000. You can also confirm this from the bank.

        Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.

        Regards,
        Jhezelyn

    2. Default Gravatar
      LilyApril 6, 2018

      If I want to send 10,000GBP to Malaysia how much fee I have to pay if I use bank transfer can the bank just simply do deduction from the amount or I have to pay the fee separately not from the amount or vice versa. Thanks.

      • Avatarfinder Customer Care
        JoanneApril 6, 2018Staff

        Hi Lily,

        Thanks for reaching out.

        For you to determine how much the transfer fee is, you may need to check with your local bank. Generally, the fee should be on top of the amount you are sending. As we do not represent the companies featured on our pages, it would be best that you contact the bank.

        Cheers,
        Joanne

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