Compare live exchange rates, provider costs and current currency market data before you exchange.
Compare before you exchange
Enter your amount and transaction details to compare current offers from leading currency providers.
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Western Union supports cash pickup, bank deposit, debit-card and mobile-wallet delivery on eligible routes. Customers can send online, through the app or at an agent location.
Fees, rates and speed vary by sending country, destination, amount, payment and payout method. Western Union states that it makes money from foreign exchange.
Use the live estimator for the actual sending market and recipient option.
Eligible cash pickup and mobile-wallet transfers can arrive within minutes. Bank or card delivery may take up to several business days, depending on the route and funding method.
Only send to someone you know and trust. Identity checks, compliance reviews, agent opening hours and bank processing can delay a transfer, and recovery may be impossible after payout.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Malaysian ringgit (MYR) rates from different sources before making a conversion.
The above Western Union - Sterling to Ringgit comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Western Union and other foreign exchange providers against the latest GBP-MYR mid-rate and the possible savings of using various providers.
Looking at the full GBP to MYR - Send Money comparison table the provider with the best GBP to MYR exchange rate is Wise at 5.4268, -0.39% from the latest mid-market rate 5.4483.
The next best is OFX at 5.4211, -0.5% from the mid-rate.
Then XE at 5.4157, which is -0.6% from the mid-rate.
The Western Union rate is 5.3666 which is -1.5% from the mid-rate.
Among the banks the Lloyds Bank rate is 5.1759 at -5% the Royal Bank of Scotland rate is 5.2086 at -4.4% and the Barclays Bank rate is 5.1922 at -4.7% compared to the mid-rate 5.4483.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers 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 like Western Union or platforms that offer rates closer to the mid-market rate.
Choose your starting currency
Select the currency you have to see its complete exchange-rate directory.