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Compare SGD to MYR foreign transfers

Comparison table with best exchange rates for Malaysian Ringgit foreign transfers 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.

 
 

SGD to MYR International Money Transfers

Foreign Transfer Provider Receive MYR(RM) Exchange RateFee SGDDeal Links
OFX logo
RM2,971.3
0%
Best Overall
2.97130 for BER users (normally $15)
TransferWise logo
RM3,043.9
0%
RM73 more
3.0592S$5.00
Citibank International Money Transfers
Citibank logo
RM2,847.61
0%
RM124 less
2.882212
HSBC logo
RM2,904.54
0%
RM67 less
2.9089S$1.50
DBS Bank logo
RM2,885.71
0%
RM86 less
2.938618
OCBC Bank International Money Transfers
OCBC Bank logo
RM2,949.8
0%
RM21 less
2.9796S$10.00
Banks - Average Rate
Citibank logo HSBC logo DBS Bank logo OCBC Bank logo
RM2,897
0%
RM74 less
2.927318
 
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OFX: Foreign Transfer SGD→MYR
From Amount (SGD)S$1,000
Fee:0 for BER users (normally $15)
Exchange Rate:2.9713 (2.97% from mid-rate)
To Amount (MYR) RM2,971.3
Total Cost:0%
Time:
Rate Fetched: Mon May 25 2020 23:15:16 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
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TransferWise: Foreign Transfer SGD→MYR
From Amount (SGD)S$1,000
Fee:S$5.00 SGD (0.5% + S$1)
Exchange Rate:3.0592 (0.1% from mid-rate)
To Amount (MYR) RM3,043.9
Total Cost:0%
Difference:
RM73 MYR more than using OFX
Time:23:35 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts + Multi-currency debit card
Rating:
 
: 4.6/5.0
Reviews:
 
Citibank logo
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Citibank: Foreign Transfer SGD→MYR
From Amount (SGD)S$1,000
Fee:12
Exchange Rate:2.8822 (5.88% from mid-rate)
To Amount (MYR) RM2,847.61
Total Cost:0%
Difference:
RM124 MYR less than using OFX
Time:23:35 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
HSBC logo
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HSBC: Foreign Transfer SGD→MYR
From Amount (SGD)S$1,000
Fee:S$1.50 SGD (.15%)
Exchange Rate:2.9089 (5.01% from mid-rate)
To Amount (MYR) RM2,904.54
Total Cost:0%
Difference:
RM67 MYR less than using OFX
Time:23:35 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
DBS Bank logo
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DBS Bank: Foreign Transfer SGD→MYR
From Amount (SGD)S$1,000
Fee:18
Exchange Rate:2.9386 (4.04% from mid-rate)
To Amount (MYR) RM2,885.71
Total Cost:0%
Difference:
RM86 MYR less than using OFX
Time:23:35 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
OCBC Bank logo
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OCBC Bank: Foreign Transfer SGD→MYR
From Amount (SGD)S$1,000
Fee:S$10.00 SGD (1%)
Exchange Rate:2.9796 (2.7% from mid-rate)
To Amount (MYR) RM2,949.8
Total Cost:0%
Difference:
RM21 MYR less than using OFX
Time:23:35 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
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Foreign Transfer SGD→MYR
From Amount (SGD)S$1,000
Fee:18
Exchange Rate:2.9148 (4.82% from mid-rate)
To Amount (MYR) RM2,897
Total Cost:0%
Difference:
RM74 MYR less than using OFX
Transfer Speed:
Services:
 
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Snapshot 05/25/2020 - View live rates