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Compare SGD to MYR foreign transfers

Best Exchange Rates Comparison Table to Send Singapore Dollar to Malaysian Ringgit 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
RM2,963.9
3.36%
Best Overall
2.96390 for BER users (normally $15)
TransferWise logo
RM3,048.58
0.6%
RM85 more
3.0639S$5.00
OCBC Bank International Money Transfers
OCBC Bank logo
RM2,954.36
3.67%
RM9.54 less
2.9842S$10.00
HSBC logo
RM2,906.03
5.25%
RM58 less
2.9104S$1.50
DBS Bank logo
RM2,887.18
5.86%
RM77 less
2.940118
Citibank International Money Transfers
Citibank logo
RM2,849
7.11%
RM115 less
2.883612
Banks - Average Rate
Citibank logo HSBC logo DBS Bank logo OCBC Bank logo
RM2,899
5.47%
RM65 less
2.929618
 
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OFX: Foreign Transfer SGD→MYR
From Amount (SGD)S$1,000
Fee:0 for BER users (normally $15)
Exchange Rate:2.9639 (3.36% from mid-rate)
To Amount (MYR) RM2,963.9
Total Cost:3.36%
Time:
Rate Fetched: Fri Jun 05 2020 17:15:18 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:3.0639 (0.1% from mid-rate)
To Amount (MYR) RM3,048.58
Total Cost:0.6%
Difference:
RM85 MYR more than using OFX
Time:17:35 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts + Multi-currency debit card
Rating:
 
: 4.6/5.0
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:2.9842 (2.7% from mid-rate)
To Amount (MYR) RM2,954.36
Total Cost:3.67%
Difference:
RM9.54 MYR less than using OFX
Time:17:35 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:2.9104 (5.11% from mid-rate)
To Amount (MYR) RM2,906.03
Total Cost:5.25%
Difference:
RM58 MYR less than using OFX
Time:17:35 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:2.9401 (4.14% from mid-rate)
To Amount (MYR) RM2,887.18
Total Cost:5.86%
Difference:
RM77 MYR less than using OFX
Time:17:35 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Citibank logo
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Citibank: Foreign Transfer SGD→MYR
From Amount (SGD)S$1,000
Fee:12
Exchange Rate:2.8836 (5.98% from mid-rate)
To Amount (MYR) RM2,849
Total Cost:7.11%
Difference:
RM115 MYR less than using OFX
Time:17:35 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:2.9163 (4.91% from mid-rate)
To Amount (MYR) RM2,899
Total Cost:5.47%
Difference:
RM65 MYR less than using OFX
Transfer Speed:
Services:
 
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Snapshot 06/05/2020 - View live rates