Regency FX is the best and cheapest service overall. On €7,000 you will get 32,655.99 MYR after fees and the exchange rate.
We’ve compared 8 money transfer companies in more detail below.
| 8 of 8 providers Last updated on 21 September 2026 This page updates weekly. We collect, store, and analyze EUR/MYR exchange rates from our comparisons. | |||
| Based on 7,000 EUR transfer Best companies for EUR/MYR transfersAll money transfer offers for EUR/MYR transfers, sorted by most MYR received. The first two offers may be sponsored promotions. Some offers here pay us a commission. | |||
| Promoted  Wise Pay via Bank transfer | Fee €35.06 1 EUR = 4.6779 MYR 0.00% vs mid-market | Recipient gets RM 32,581.01 Within minutes | |
Ways to receive money in Malaysia with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer €35.061 EUR = 4.6779 MYR RM 32,581.01You pay€7,000.00 | |||
| Promoted  Xe Pay via Debit card | Fee €0.00 1 EUR = 4.6542 MYR +0.51% vs mid-market | Recipient gets RM 32,579.40 Minutes - 24 hours | |
Ways to receive money in Malaysia with Xe when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 4.6542 MYR RM 32,579.40You pay€7,000.00 | |||
Run a live search Showing top Germany to Malaysia deals for 7,000 EUR. Do a live search with your exact amount for today's best rates. | |||
Run a live search Showing companies that send from a business account. Run a business search to get live EUR to MYR rates. | |||
Run a live search These companies offer multi-currency accounts for spending MYR. We suggest doing a live search based on how much EUR you're planning to spend in Malaysia. | |||
Run a live search These are managed services with real human support for large EUR transfers. Click the link and update the transfer amount to get the best deal. | |||
| Exclusive: First Transfer Deal  Regency FX Pay via Bank transfer | Fee €0.00 1 EUR = 4.6651 MYR +0.27% vs mid-market | Recipient gets RM 32,655.99 Minutes - 24 hours | |
Ways to receive money in Malaysia with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 4.6651 MYR RM 32,655.99You pay€7,000.00 | |||
 TapTap Send Pay via Debit card | Fee €0.00 1 EUR = 4.6600 MYR +0.38% vs mid-market | Recipient gets RM 32,620.00 Minutes | |
Ways to receive money in Malaysia with TapTap Send when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes Free1 EUR = 4.6600 MYR RM 32,620.00You pay€7,000.00 Mobile walletMinutesAvailable via:BigPay Free1 EUR = 4.6600 MYR RM 32,620.00You pay€7,000.00 DuitNowMinutesAvailable via:TNG via DuitNow Free1 EUR = 4.6600 MYR RM 32,620.00You pay€7,000.00 | |||
| Wise Pay via Bank transfer | Fee €35.06 1 EUR = 4.6779 MYR 0.00% vs mid-market | Recipient gets RM 32,581.01 Within minutes | |
Ways to receive money in Malaysia with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer €35.061 EUR = 4.6779 MYR RM 32,581.01You pay€7,000.00 | |||
 OFX Pay via Bank transfer | Fee €0.00 1 EUR = 4.6544 MYR +0.50% vs mid-market | Recipient gets RM 32,580.68 Minutes - 24 hours | |
Ways to receive money in Malaysia with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 4.6544 MYR RM 32,580.68You pay€7,000.00 | |||
| Xe Pay via Debit card | Fee €0.00 1 EUR = 4.6542 MYR +0.51% vs mid-market | Recipient gets RM 32,579.40 Minutes - 24 hours | |
Ways to receive money in Malaysia with Xe when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 4.6542 MYR RM 32,579.40You pay€7,000.00 | |||
| Xe Pay via Bank transfer | Fee €0.00 1 EUR = 4.6542 MYR +0.51% vs mid-market | Recipient gets RM 32,579.40 Minutes - 24 hours | |
Ways to receive money in Malaysia with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 4.6542 MYR RM 32,579.40You pay€7,000.00 | |||
| Xe Pay via Credit card | Fee €0.00 1 EUR = 4.6542 MYR +0.51% vs mid-market | Recipient gets RM 32,579.40 Minutes - 24 hours | |
Ways to receive money in Malaysia with Xe when paying by credit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 4.6542 MYR RM 32,579.40You pay€7,000.00 | |||
| Wise Pay via iDEAL/WERO | Fee €45.20 1 EUR = 4.6779 MYR 0.00% vs mid-market | Recipient gets RM 32,533.58 Within minutes | |
Ways to receive money in Malaysia with Wise when paying by ideal/wero. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer €45.201 EUR = 4.6779 MYR RM 32,533.58You pay€7,000.00 | |||
| Pricing based on Revolut Standard plan  Revolut Pay via Bank transfer | Fee €40.50 1 EUR = 4.6675 MYR +0.22% vs mid-market | Recipient gets RM 32,483.80 Within minutes | |
Ways to receive money in Malaysia with Revolut when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutes €40.501 EUR = 4.6675 MYR RM 32,483.80You pay€7,000.00 | |||
| US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details. | |||
| Wise Pay via Debit card | Fee €90.06 1 EUR = 4.6779 MYR 0.00% vs mid-market | Recipient gets RM 32,323.73 Within minutes | |
Ways to receive money in Malaysia with Wise when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer €90.061 EUR = 4.6779 MYR RM 32,323.73You pay€7,000.00 | |||
| Wise Pay via Credit card | Fee €132.10 1 EUR = 4.6779 MYR 0.00% vs mid-market | Recipient gets RM 32,127.07 Within minutes | |
Ways to receive money in Malaysia with Wise when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer €132.101 EUR = 4.6779 MYR RM 32,127.07You pay€7,000.00 | |||
| $0 fee on first online transfers  MoneyGram Pay via Debit card | Fee €9.99 1 EUR = 4.5891 MYR +1.91% vs mid-market | Recipient gets RM 32,123.70 Minutes - 24 hours | |
Ways to receive money in Malaysia with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours €9.991 EUR = 4.5891 MYR RM 32,123.70You pay€7,009.99 Bank depositMinutes - 24 hoursAvailable via:All Banks €9.991 EUR = 4.5891 MYR RM 32,123.70You pay€7,009.99 Card depositMinutes - 24 hoursAvailable via:Bank Debit Card €9.991 EUR = 4.5891 MYR RM 32,123.70You pay€7,009.99 Mobile walletMinutes - 24 hoursAvailable via:Select Wallets €9.991 EUR = 4.5890 MYR RM 32,123.00You pay€7,009.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Credit card | Fee €9.99 1 EUR = 4.5891 MYR +1.91% vs mid-market | Recipient gets RM 32,123.70 Minutes - 24 hours | |
Ways to receive money in Malaysia with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours €9.991 EUR = 4.5891 MYR RM 32,123.70You pay€7,009.99 Bank depositMinutes - 24 hoursAvailable via:All Banks €9.991 EUR = 4.5891 MYR RM 32,123.70You pay€7,009.99 Card depositMinutes - 24 hoursAvailable via:Bank Debit Card €9.991 EUR = 4.5891 MYR RM 32,123.70You pay€7,009.99 Mobile walletMinutes - 24 hoursAvailable via:Select Wallets €9.991 EUR = 4.5890 MYR RM 32,123.00You pay€7,009.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Bank transfer | Fee €9.99 1 EUR = 4.5891 MYR +1.91% vs mid-market | Recipient gets RM 32,123.70 Minutes - 24 hours | |
Ways to receive money in Malaysia with MoneyGram when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hoursAvailable via:All Banks €9.991 EUR = 4.5891 MYR RM 32,123.70You pay€7,009.99 Cash pickupMinutes - 24 hours €9.991 EUR = 4.5891 MYR RM 32,123.70You pay€7,009.99 Mobile walletMinutes - 24 hoursAvailable via:Select Wallets €9.991 EUR = 4.5890 MYR RM 32,123.00You pay€7,009.99 | |||
| Pricing based on Revolut Standard plan Revolut Pay via Debit card | Fee €191.00 1 EUR = 4.6675 MYR +0.22% vs mid-market | Recipient gets RM 31,781.33 Within minutes | |
Ways to receive money in Malaysia with Revolut when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutes €191.001 EUR = 4.6675 MYR RM 31,781.33You pay€7,000.00 | |||
| US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details. | |||
| Only available via Mobile App  WorldRemit Pay via Debit card | Fee €0.95 1 EUR = 4.5386 MYR +3.02% vs mid-market | Recipient gets RM 31,766.10 Minutes - 2 days | |
Ways to receive money in Malaysia with WorldRemit when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 2 days €0.951 EUR = 4.5386 MYR RM 31,766.10You pay€7,000.00 Card depositMinutes - 2 days Free1 EUR = 4.5281 MYR RM 31,696.35You pay€7,000.00 | |||
| How Our Results Work Mid-market rate: 1 EUR = 4.677771 MYR Updates every 60 minutes. | |||
Transfer details
For a one-off transfer from Germany, I suggest picking the cheapest option which is Regency FX.
On a 7,000 EUR transfer, Regency FX delivers the most MYR.
This will change depending on how much you actually send, so I suggest running a live search to get the best EUR/MYR rate.
You have 4 ways to pay, including bank transfer, debit card, credit card, and ideal.
First time round you'll need a photo ID and proof of your German address.
Video identification is also normal and takes a few minutes.
There are 8 companies for sending money from Germany to Malaysia, across app, broker, online, multi-currency account, global account, and in person, and more below.
Fastest and easiest way
Within the eurozone, SEPA covers all transfers, but outside, it gets very expensive and money transfer companies make it cheaper.
Sending €7,000 with TapTap Send to Malaysia gets you 32,620 MYR with a €0 fee and 0.38% markup.
Debit cards (and Apple Pay / Google Pay) usually have instant deposits, but your girocard usually won't work as a funding method.
For paying in cash at a counter
There's no legal limit on how much you can send, so the counter in the kiosk, the callshop or the grocery store is still a popular way to send money internationally.
Deposit €7,000 to MoneyGram online, and choose cash pickup as delivery option. Once you pay, it should be available in minutes.
In general, online transfers are cheaper than sending cash to Malaysia.
For large transfers from Germany
For buying property, moving to Malaysia, or moving pensions, a currency broker is the best option.
A broker like Regency FX charges no fee and works on a margin. It adds 0.27% on EUR/MYR which gets negotiated the more you send.
And you get an account manager to help you through the process.
For some international payments above €50,000, German residents may need to file an AWV report with the Bundesbank, make sure to check in advance.
For making business payments
Global accounts are for businesses making payments to Malaysia.
Be it overseas suppliers and contractors, receiving MYR payments, or holding MYR and EUR in one business account.
Companies like Airwallex, WorldFirst, or Wise Business offer the best tools for international business transfers.
For spending & receiving
A multi-currency account lets you hold EUR and MYR in one account.
You get MYR bank details, and can receive international payments like rent, dividends, family payments without additional conversions.
You can convert MYR to EUR or EUR to MYR whenever you need.
The best multi currency account is Wise, it adds ~0% markup and charges small fees.
With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest way. Sending €7,000 gives your recipient 32,655.99 MYR.
You can pay for the transfer using bank transfer, debit card, credit card, and ideal.
Using German bank
A SEPA bank transfer is usually the cheapest way to deposit EUR.
An instant SEPA payment can reduce funding time, but it does not guarantee instant delivery to Malaysia.
The recipient in Malaysia can receive MYR by bank deposit, mobile wallet, card deposit, duitnow, and cash pickup.
To receive MYR by bank deposit
Enter the recipient's banking details and account holders name.
Check both before sending because correcting a bank deposit will delay the transfer.
They can receive cash in Malaysia
For cash pickup, the recipient needs to visit the nearest MoneyGram branch and bring a valid photo ID and the transfer reference number.
You pay €7,000.00
RM32,656
Cheapest
You pay €7,000.00
RM32,620
-RM36
You pay €7,000.00
RM32,620
-RM36
You pay €7,000.00
RM32,620
-RM36
You pay €7,000.00
RM32,579
-RM77
You pay €7,000.00
RM32,534
-RM122
You pay €7,009.99
RM32,124
-RM532
You pay €7,009.99
RM32,124
-RM532
You pay €7,009.99
RM32,124
-RM532
You pay €7,009.99
RM32,124
-RM532
You pay €7,009.99
RM32,124
-RM532
You pay €7,009.99
RM32,123
-RM533
You pay €7,009.99
RM32,123
-RM533
The main question in Germany is whether you are sending euros inside SEPA or converting them. Large cross-border payments can also create a Bundesbank reporting duty.
For a €7,000 transfer to Malaysia, these are the best options:
Cheapest way to send money to Malaysia
The cheapest option is Regency FX, funded by bank transfer with bank deposit for the payout. Your recipient gets 32,655.99 MYR, which is 0.11% more than the next best option.
Fastest way to send money to Malaysia
The fastest option is Revolut. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 32,483.8 MYR in within minutes.
Germany's AWV reporting threshold is €50,000.
A German resident may need to report a payment above that amount to the Bundesbank when it is made to a non-resident.
It is a statistics report, not a tax or permission request.
Transfers between your own domestic and foreign accounts are exempt, and other exemptions apply depending on the payment purpose.
The automated AWV notice shown by a bank does not mean every transfer is reportable.
The Bundesbank guidance for private individuals explains who reports, what is exempt and how to file.
If the recipient has a euro account in the SEPA area, a normal SEPA payment can be the simplest option.
A payment converted into MYR sits outside that pricing rule and may involve another bank or payout partner.
Check whether the quote uses SHA, OUR or BEN charges on a bank transfer.
This decides whether intermediary costs are shared, paid by you or deducted from what the recipient receives.
The EUR/MYR rate can move noticeably within a week, changing the amount your recipient gets in MYR.
Mid-market rate:1 EUR = 4.680993 MYR
Nothing reaches this table without going through our review first, and every company is BaFin-registered or passported into Germany.
We then track 8 of them on EUR to Malaysia, comparing rates, fees and the pay-in and payout options.
More on who we are, why you can trust us and how to get started.
Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.
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