Regency FX is the fastest way to send money from Spain to Malaysia, with transfers arriving in minutes - 24 hours.
For the cheapest option, Regency FX will get you 32,842.51 MYR on 7,000 EUR transfer.
| 2 of 2 providers Last updated on 4 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  Regency FX Pay via Bank transfer | Fee €0.00 1 EUR = 4.6918 MYR +0.27% vs mid-market | Recipient gets RM 32,842.51 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 = 4.6918 MYR RM 32,842.51You pay€7,000.00 | |||
| Promoted  OFX Pay via Bank transfer | Fee €0.00 1 EUR = 4.6810 MYR +0.50% vs mid-market | Recipient gets RM 32,766.77 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 = 4.6810 MYR RM 32,766.77You pay€7,000.00 | |||
Run a live search Showing top Spain 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 = 4.6918 MYR +0.27% vs mid-market | Recipient gets RM 32,842.51 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 = 4.6918 MYR RM 32,842.51You pay€7,000.00 | |||
| OFX Pay via Bank transfer | Fee €0.00 1 EUR = 4.6810 MYR +0.50% vs mid-market | Recipient gets RM 32,766.77 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 = 4.6810 MYR RM 32,766.77You pay€7,000.00 | |||
| How Our Results Work Mid-market rate: 1 EUR = 4.704489 MYR Updates every 60 minutes. | |||
Transfer details
For a one-off transfer from Spain to Malaysia, I suggest picking Regency FX, it will get you the most Malaysia
The best option will change depending on the amount, so it's good to to get the best EUR/MYR rate today.
You have 1 ways to pay, including bank transfer.
Bizum only works between Spanish accounts and caps at €500, which is why these companies exist in the first place.
First time round you'll need your DNI, or your NIE if you're not Spanish, and a proof of address.
An empadronamiento certificate covers the address if you don't have a bill in your name yet.
2 companies send money from Spain to Malaysia, across broker, and more.
Sending large amounts
Currency brokers are best for sending €10,000+ to Malaysia. This can be things like selling property, moving a pension, moving back home, etc…
Regency FX charges no fee and works on a margin (~0.27% on EUR/MYR), with a person on the phone, and offices in Spain if you'd rather sit down with someone.
For businesses and autónomos paying abroad
Companies like Wise Business, Payoneer, or Airwallex are best suited for businesses in Spain making payments to Malaysia.
You can pay suppliers and freelancers, process invoices, make batch payments, and much more.
How you fund the transfer and how your recipient receives it affect the fees and how much MYR they get.
With Regency FX, paying by bank transfer and receiving through a bank deposit is the cheapest combination. Sending €7,000 gives your recipient 32,842.51 MYR.
For funding your transfer from Spain, you can use bank transfer.
Bizum only supports domestic transfers in Spain, so it cannot send money to Malaysia directly.
Pay from your Spanish bank account
Deposit your funds with a SEPA Instant (essentially your bank transfer) using your ES IBAN.
It is fast to fund the transfer, although delivery to Malaysia depends on the company's payout time and delivery method.
In Malaysia, the recipient can use bank deposit to receive money.
Collect cash in Malaysia
Some locutorios in Spain can arrange international transfers to Malaysia.
Check that the location serves Malaysia and whether it accepts card or cash before visiting.
You pay €7,000.00
RM32,843
Cheapest
Here are a few things to know before sending money from Spain to Malaysia.
These are the current best options for sending €7,000 to Malaysia:
Cheapest option
Use RM32,842.51, pay by bank transfer and choose bank deposit for the payout. Your recipient gets 32,842.51 MYR, which is 0.23% more than the next best option.
Fastest option
With Regency FX, a bank transfer payment to bank deposit gives your recipient 32,842.51 MYR in minutes - 24 hours.
SEPA and SEPA Instant only work within the Eurozone, and Bizum largely operates in Spain.
Sending EUR to Malaysia is different because it needs a currency conversion.
SEPA or SEPA Instant can be used to fund the transfer itself (since both are in EUR), but it does not guarantee instant transfer to Malaysia.
Your bank or transfer company can ask for a justificante showing the source and purpose of a large or unusual transfer.
Keep the sale agreement for property, an invoice for tuition or a bank statement for savings.
Ask your bank to raise its own online transfer limit before the payment is due, rather than splitting a payment to avoid a check.
A payment or electronic-money institution is not the same as a bank, so do not assume its stored balance has bank deposit protection.
For bank deposits, protection normally comes from the deposit guarantee scheme in the bank's home country.
For a transfer service, check how customer money is safeguarded and avoid leaving a large balance there longer than needed.
When in doubt, use the Banco de Espana register to check the legal entity behind a transfer service.
The exchange rate has a direct impact on how much MYR your recipient gets. A weekly comparison makes it easier to judge today's EUR/MYR rate.
Mid-market rate:1 EUR = 4.699359 MYR
Every company here is authorised to operate in Spain, and you can check any of them on the Banco de España register yourself.
We track 2 of them on EUR to MYR, comparing fees, rates and the ways money can be paid in and collected. Each one also goes through our own review.
Pricing mostly comes straight from the companies, and anything we collect by hand is marked in the table.
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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