Rates MYR Markets Cimb Bank MYR to GBP Foreign Transfers

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CIMB Bank MYR to GBP Transfers Compared

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Our CIMB Bank MYR 10000 to GBP rate is 0.1764. This is -2.3% below the mid-rate.

CIMB Bank MYR transfer rates at a glance

CIMB publishes indicative foreign-exchange tables against Malaysian ringgit. BER tracks the bank's Selling TT/OD rate for an MYR-funded foreign-currency transfer and its Buying TT rate for foreign currency converted into MYR.

The source separates currencies quoted per unit from currencies quoted per 100 units. BER normalises both formats into foreign-currency units per MYR before comparing them with other providers.

These are indicative telegraphic-transfer rates, not cash-note, card, ATM or guaranteed transaction quotes. The exchange rate can change before CIMB processes a payment, and separate transfer or correspondent-bank charges may apply.

Compare CIMB Bank rates from Malaysian ringgit.

BER Benchmark: CIMB Bank MYR FX Rates & Margins

BER Benchmark monitors CIMB Bank exchange rates across the MYR currency corridors tracked by BER. The current average margin versus the mid-market rate is 4.2%.

This average is based on the MYR 10,000 transfer rates currently monitored by BER across the available CIMB Bank currency corridors.

CIMB Bank - Lowest and Highest FX Margins

BER Benchmark ranks the CIMB Bank currency corridors currently monitored for Malaysian ringgit transfers by their margin versus the mid-market rate. The tables below highlight the lowest-margin and highest-margin corridors for a MYR 10,000 transaction.

CIMB Bank Lowest FX Margins

Currency Pair	CIMB Bank Rate	Mid Market Rate	Margin
MYR/BND	0.3074	0.3131	1.8%
MYR/CHF	0.1954	0.1992	1.9%
MYR/CAD	0.3341	0.3408	2.0%

CIMB Bank Highest FX Margins

Currency Pair	CIMB Bank Rate	Mid Market Rate	Margin
MYR/LKR	68.59	81.55	15.9%
MYR/BDT	27.90	30.03	7.1%
MYR/IDR	4,098.36	4,370.86	6.2%

CIMB Bank exchange-rate questions

Which CIMB rate applies when I send MYR?

For an MYR-funded transfer converted into foreign currency, BER uses CIMB's published Selling TT/OD column.

Which rate applies when foreign currency is converted into MYR?

BER uses CIMB's Buying TT column for the incoming foreign-currency direction.

Why do some source rates use 100 units?

CIMB quotes some currencies as MYR per 100 foreign-currency units. BER retains that source-unit metadata and normalises the result, preventing a 100-fold conversion error.

Are these the cash-note rates?

No. CIMB publishes a separate currency-notes table. BER's CIMB comparison uses the telegraphic-transfer columns only.

Compare CIMB Bank rates from Malaysian ringgit.

What is the CIMB Bank Send Money conversion rate for MYR to GBP?

The CIMB Bank MYR to GBP exchange rate is 0.1764. This is -2.3% compared to the latest MYR-GBP mid-market rate 0.1805.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Malaysian ringgit (MYR) to British pound (GBP) rates from different sources before making a conversion.

The above CIMB Bank - Ringgit to Sterling comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by CIMB Bank and other foreign exchange providers against the latest MYR-GBP mid-rate and the possible savings of using various providers.

How do CIMB Bank MYR-GBP rates compare between providers?

Looking at the full MYR to GBP - Send Money comparison table the provider with the best MYR to GBP exchange rate is OFX at 0.1796, -0.5% from the latest mid-market rate 0.1805.

The next best is Wise at 0.1795, -0.55% from the mid-rate.

Among the banks the CIMB Bank rate is 0.1764 at -2.3% and the Maybank rate is 0.1742 at -3.5% compared to the mid-rate 0.1805.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like CIMB Bank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.

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This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Best Exchange Rates Pty Ltd, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional. We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date. BER’s AI-generated rate analysis is developed using newsmon.ai.

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