OCBC Bank MYR to INR Transfers Compared

       

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

The OCBC Bank MYR to INR exchange rate is 20.33. This is -3.5% compared to the latest MYR-INR mid-market rate 21.07.

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 Indian rupee (INR) rates from different sources before making a conversion.

The above OCBC Bank - Ringgit to Rupee 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-INR mid-rate and the possible savings of using various providers. 

How do OCBC Bank MYR-INR rates compare between providers?

Looking at the full MYR to INR - Send Money comparison table the provider with the best MYR to INR exchange rate is Wise at 20.92, -0.71% from the latest mid-market rate 21.07.

Then WorldRemit at 20.67, which is -1.9% from the mid-rate.

Among the banks the CIMB Bank rate is 20.42 at -3.1% the OCBC Bank rate is 20.33 at -3.5% and the Maybank rate is 20.33 at -3.5% compared to the mid-rate 21.07.

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.