OCBC Bank MYR to GBP Transfers Compared

   

GBP to MYR trades near 5.6127, around 1% below its 3-month avg. of 5.6741, reflecting recent volatility. Analysts suggest UK retail sales declines and upcoming budget announcements could weigh on GBP, while MYR benefits from a weaker USD and steady GDP growth. Keep an eye on economic data for shifts ahead

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

The OCBC Bank MYR to GBP exchange rate is 0.173. This is -3.5% compared to the latest MYR-GBP mid-market rate 0.1793.

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

How do OCBC 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 0.1784, -0.5% from the latest mid-market rate 0.1793.

The next best is Wise at 0.1782, -0.61% from the mid-rate.

Then WorldRemit at 0.1766, which is -1.5% from the mid-rate.

Among the banks the CIMB Bank rate is 0.1737 at -3.1% the OCBC Bank rate is 0.173 at -3.5% and the Maybank rate is 0.173 at -3.5% compared to the mid-rate 0.1793.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like OCBC 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.