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Best Exchange Rates

Home pages - full list (A-Z)

Foreign Transfers from Malaysia

Use our comparison table to find the best exchange rates for foreign transfers from Malaysia versus the Banks.

When you are thinking about sending money abroad, an international money transfer provider is a great option. They can help you with the whole process, provide useful online tools and most importantly bank-beating exchange rates and low or zero fees.

 
 

Compare Best Exchange Rates for:

   
RMMYR
$USD

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Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Foreign Transfer Providers
Ratings & Reviews
Receive USD($)Exchange RateFee MYRTotal CostTransfer ServicesTransfer SpeedDeal Links
 
Instarem logo
2,445 USD0.244500.61%
 
OFX logo
2,450 USD0.24500.41%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
Maybank International Money Transfers
Maybank logo
2,350.26 USD0.2374RM1004.46%Online, Branch, Bank Transfers2-3 days
OCBC Bank International Money Transfers
OCBC Bank logo
2,350.26 USD0.2374RM1004.46%Online, Branch, Bank Transfers2-3 days
United Overseas Bank International Money Transfers
United Overseas Bank logo
2,350.26 USD0.2374RM1004.46%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Citibank logo Maybank logo HSBC logo OCBC Bank logo United Overseas Bank logo
2,334 USD0.2350155.11%Online, Branch, Bank Transfers2-3 days
HSBC logo
2,320.51 USD0.2324RM155.67%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
2,300.24 USD0.2303126.49%Online, Branch, Bank Transfers2-3 days
Instarem: Foreign Transfer MYR→USD
MYR amount:10,000 MYR
Fee:0
Exchange Rate:0.2445 (0.61% from mid-rate)
USD amount:2,445 USD
Total Cost:0.61%
Time:1:07 Local
Transfer Speed:
Services:
Rating:
 
: 3.9/5.0
Reviews:
 
OFX: Foreign Transfer MYR→USD
MYR amount:10,000 MYR
Fee:0
Exchange Rate:0.2450 (0.41% from mid-rate)
USD amount:2,450 USD
Total Cost:0.41%
Difference:
5 USD more than using Instarem
Time:
Rate Fetched: 1:07 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

Maybank logoMaybank

Maybank: Foreign Transfer MYR→USD
MYR amount:10,000 MYR
Fee:RM100 MYR (1%)
Exchange Rate:0.2374 (3.5% from mid-rate)
USD amount:2,350.26 USD
Total Cost:4.46%
Difference:
95 USD less than using Instarem
Time:1:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

OCBC Bank logoOCBC Bank

OCBC Bank: Foreign Transfer MYR→USD
MYR amount:10,000 MYR
Fee:RM100 MYR (1%)
Exchange Rate:0.2374 (3.5% from mid-rate)
USD amount:2,350.26 USD
Total Cost:4.46%
Difference:
95 USD less than using Instarem
Time:1:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

United Overseas Bank logoUnited Overseas Bank

United Overseas Bank: Foreign Transfer MYR→USD
MYR amount:10,000 MYR
Fee:RM100 MYR (1%)
Exchange Rate:0.2374 (3.5% from mid-rate)
USD amount:2,350.26 USD
Total Cost:4.46%
Difference:
95 USD less than using Instarem
Time:1:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer MYR→USD
MYR amount:10,000 MYR
Fee:15
Exchange Rate:0.2350 (4.47% from mid-rate)
USD amount:2,334 USD
Total Cost:5.11%
Difference:
111 USD less than using Instarem
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

HSBC logoHSBC

HSBC: Foreign Transfer MYR→USD
MYR amount:10,000 MYR
Fee:RM15 MYR (.15%)
Exchange Rate:0.2324 (5.53% from mid-rate)
USD amount:2,320.51 USD
Total Cost:5.67%
Difference:
124 USD less than using Instarem
Time:1:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Citibank logoCitibank

Citibank: Foreign Transfer MYR→USD
MYR amount:10,000 MYR
Fee:12
Exchange Rate:0.2303 (6.38% from mid-rate)
USD amount:2,300.24 USD
Total Cost:6.49%
Difference:
145 USD less than using Instarem
Time:1:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
3 Month Chart
Loading AUDUSD rates

This is a chart showing the change in the MYR-USD mid-market exchange rate over the last week. The Total Cost of each foreign transfer in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market MYR-USD exchange rate.