We’ve compared and analysed 7 money transfer companies in Finland.
| 7 of 7 providers Last updated on 28 October 2026 | |||
| Based on 7,000 EUR transfer Best companies for EUR/MYR transfers | |||
| Promoted  Wise Pay via Bank transfer | Fee €35.06 1 EUR = 4.5351 MYR 0.00% vs mid-market | Recipient gets RM 31,586.63 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 = 4.5351 MYR RM 31,586.63You pay€7,000.00 | |||
| Promoted  Xe Pay via Debit card | Fee €0.00 1 EUR = 4.5153 MYR +0.43% vs mid-market | Recipient gets RM 31,607.10 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 = 4.5153 MYR RM 31,607.10You pay€7,000.00 | |||
Run a live search Showing top Finland 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 = 4.5227 MYR +0.27% vs mid-market | Recipient gets RM 31,659.15 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 = 4.5227 MYR RM 31,659.15You pay€7,000.00 | |||
 TapTap Send Pay via Debit card | Fee €0.00 1 EUR = 4.5200 MYR +0.33% vs mid-market | Recipient gets RM 31,640.00 Minutes | |
Ways to receive money in Malaysia with TapTap Send when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes Free1 EUR = 4.5200 MYR RM 31,640.00You pay€7,000.00 Mobile walletMinutesAvailable via:BigPay Free1 EUR = 4.5200 MYR RM 31,640.00You pay€7,000.00 DuitNowMinutesAvailable via:TNG via DuitNow Free1 EUR = 4.5200 MYR RM 31,640.00You pay€7,000.00 | |||
| Xe Pay via Debit card | Fee €0.00 1 EUR = 4.5153 MYR +0.43% vs mid-market | Recipient gets RM 31,607.10 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 = 4.5153 MYR RM 31,607.10You pay€7,000.00 | |||
| Xe Pay via Bank transfer | Fee €0.00 1 EUR = 4.5153 MYR +0.43% vs mid-market | Recipient gets RM 31,607.10 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 = 4.5153 MYR RM 31,607.10You pay€7,000.00 | |||
| Xe Pay via Credit card | Fee €0.00 1 EUR = 4.5153 MYR +0.43% vs mid-market | Recipient gets RM 31,607.10 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 = 4.5153 MYR RM 31,607.10You pay€7,000.00 | |||
| Wise Pay via Bank transfer | Fee €35.06 1 EUR = 4.5351 MYR 0.00% vs mid-market | Recipient gets RM 31,586.63 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 = 4.5351 MYR RM 31,586.63You pay€7,000.00 | |||
 OFX Pay via Bank transfer | Fee €0.00 1 EUR = 4.5123 MYR +0.50% vs mid-market | Recipient gets RM 31,586.14 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 = 4.5123 MYR RM 31,586.14You pay€7,000.00 | |||
| Wise Pay via iDEAL | Fee €45.20 1 EUR = 4.5351 MYR 0.00% vs mid-market | Recipient gets RM 31,540.64 Within minutes | |
Ways to receive money in Malaysia with Wise when paying by ideal. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer €45.201 EUR = 4.5351 MYR RM 31,540.64You pay€7,000.00 | |||
| Pricing based on Revolut Standard plan  Revolut Pay via Bank transfer | Fee €70.50 1 EUR = 4.5262 MYR +0.19% vs mid-market | Recipient gets RM 31,364.04 Within minutes | |
Ways to receive money in Malaysia with Revolut when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutes €70.501 EUR = 4.5262 MYR RM 31,364.04You 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 = 4.5351 MYR 0.00% vs mid-market | Recipient gets RM 31,337.20 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 = 4.5351 MYR RM 31,337.20You pay€7,000.00 | |||
| Wise Pay via Credit card | Fee €132.10 1 EUR = 4.5351 MYR 0.00% vs mid-market | Recipient gets RM 31,146.54 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 = 4.5351 MYR RM 31,146.54You pay€7,000.00 | |||
| Only available via Mobile App  WorldRemit Pay via Debit card | Fee €0.95 1 EUR = 4.3923 MYR +3.20% vs mid-market | Recipient gets RM 30,742.14 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 = 4.3923 MYR RM 30,742.14You pay€7,000.00 | |||
| Pricing based on Revolut Standard plan Revolut Pay via Debit card | Fee €221.00 1 EUR = 4.5262 MYR +0.19% vs mid-market | Recipient gets RM 30,682.85 Within minutes | |
Ways to receive money in Malaysia with Revolut when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutes €221.001 EUR = 4.5262 MYR RM 30,682.85You 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. | |||
| How Our Results Work Mid-market rate: 1 EUR = 4.5350 MYR Updates every 60 minutes. | |||
Transfer details
For a one-off EUR transfer to Malaysia, start with Regency FX.
Regency FX was the cheapest on 25 of the 27 days it quoted €7,000 transfers to Malaysia.
On a 7,000 EUR transfer, Regency FX delivers the most MYR.
The cheapest option depends on the amount, so I suggest to get the best EUR/MYR rate.
You have 4 ways to pay, including bank transfer, debit card, credit card, and iDEAL.
Select how you want the recipient to pick up the money. For transfers to Malaysia they can receive it via bank deposit, mobile wallet, and duitnow.
If it's your first time using the service, you will need to verify your account.
This usually takes a few minutes to a few hours.
If your transfer is urgent, make sure to get it done beforehand to avoid any delays.
How much EUR you send to Malaysia heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.
Our analysis shows Regency FX was the cheapest in 93% of the transfers from €2,000 it quoted, and in 93% of all the transfers it quoted.
| Cheapest service | |||||
|---|---|---|---|---|---|
| €500 | 0.36% | €0.00 | RM 2,260.00with debit card to bank deposit | +RM 20.61 | |
| €2,000 | 0.32% | €0.00 | RM 9,040.00with debit card to bank deposit | +RM 95.15 | |
| €7,000This page | 0.27% | €0.00 | RM 31,659.15with bank transfer to bank deposit | +RM 266.33 |
Mid-market rate: 1 EUR = 4.5350 MYR
The cheapest way to send EUR to MYR can change every day, or stay with the same company all month.
We've compared the mid-market rate with the cheapest option each day (today it's Regency FX), across 30 days of comparisons for 7,000 EUR transfers to Malaysia.
Wed, 28 Oct 2026Mid-market rateRM 31,744.86 Regency FX RM 31,659.15Regency FXRM 31,659.15TapTap SendRM 31,640.00XeRM 31,607.10
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.6276 | – | RM 32,393.30 | |
| | 4.6151 | €0.00 | RM 32,305.84 | −RM 87.46 |
| | 4.6080 | €0.00 | RM 32,256.00 | −RM 137.30 |
| | 4.5900 | €0.00 | RM 32,130.00 | −RM 263.30 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.6330 | – | RM 32,431.30 | |
| | 4.6205 | €0.00 | RM 32,343.74 | −RM 87.56 |
| | 4.5912 | €0.00 | RM 32,138.40 | −RM 292.90 |
| | 4.5900 | €0.00 | RM 32,130.00 | −RM 301.30 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.6187 | – | RM 32,331.08 | |
| | 4.6063 | €0.00 | RM 32,243.78 | −RM 87.30 |
| | 4.6000 | €0.00 | RM 32,200.00 | −RM 131.08 |
| | 4.5866 | €0.00 | RM 32,106.20 | −RM 224.88 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5981 | – | RM 32,187.04 | |
| | 4.5857 | €0.00 | RM 32,100.13 | −RM 86.91 |
| | 4.5800 | €0.00 | RM 32,060.00 | −RM 127.04 |
| | 4.5593 | €0.00 | RM 31,915.10 | −RM 271.94 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5993 | – | RM 32,195.37 | |
| | 4.5869 | €0.00 | RM 32,108.44 | −RM 86.93 |
| | 4.5800 | €0.00 | RM 32,060.00 | −RM 135.37 |
| | 4.5633 | €0.00 | RM 31,943.10 | −RM 252.27 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5993 | – | RM 32,195.37 | |
| | 4.5869 | €0.00 | RM 32,108.44 | −RM 86.93 |
| | 4.5800 | €0.00 | RM 32,060.00 | −RM 135.37 |
| | 4.5633 | €0.00 | RM 31,943.10 | −RM 252.27 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5772 | – | RM 32,040.38 | |
| | 4.5648 | €0.00 | RM 31,953.87 | −RM 86.51 |
| | 4.5500 | €0.00 | RM 31,850.00 | −RM 190.38 |
| | 4.5313 | €0.00 | RM 31,719.10 | −RM 321.28 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5841 | – | RM 32,088.92 | |
| | 4.5718 | €0.00 | RM 32,002.28 | −RM 86.64 |
| | 4.5600 | €0.00 | RM 31,920.00 | −RM 168.92 |
| | 4.5476 | €0.00 | RM 31,833.20 | −RM 255.72 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5841 | – | RM 32,088.80 | |
| | 4.5717 | €0.00 | RM 32,002.17 | −RM 86.63 |
| | 4.5600 | €0.00 | RM 31,920.00 | −RM 168.80 |
| | 4.5570 | €0.00 | RM 31,899.00 | −RM 189.80 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5767 | – | RM 32,037.22 | |
| | 4.5644 | €0.00 | RM 31,950.72 | −RM 86.50 |
| | 4.5600 | €0.00 | RM 31,920.00 | −RM 117.22 |
| | 4.5395 | €0.00 | RM 31,776.50 | −RM 260.72 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5919 | – | RM 32,143.10 | |
| | 4.5795 | €0.00 | RM 32,056.31 | −RM 86.79 |
| | 4.5700 | €0.00 | RM 31,990.00 | −RM 153.10 |
| | 4.5410 | €0.00 | RM 31,787.00 | −RM 356.10 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5776 | – | RM 32,043.02 | |
| | 4.5652 | €0.00 | RM 31,956.50 | −RM 86.52 |
| | 4.5500 | €0.00 | RM 31,850.00 | −RM 193.02 |
| | 4.5458 | €0.00 | RM 31,820.60 | −RM 222.42 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5776 | – | RM 32,043.02 | |
| | 4.5652 | €0.00 | RM 31,956.50 | −RM 86.52 |
| | 4.5500 | €0.00 | RM 31,850.00 | −RM 193.02 |
| | 4.5458 | €0.00 | RM 31,820.60 | −RM 222.42 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5748 | – | RM 32,023.95 | |
| | 4.5625 | €0.00 | RM 31,937.49 | −RM 86.46 |
| | 4.5600 | €0.00 | RM 31,920.00 | −RM 103.95 |
| | 4.5386 | €0.00 | RM 31,770.20 | −RM 253.75 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5681 | – | RM 31,976.85 | |
| | 4.5558 | €0.00 | RM 31,890.51 | −RM 86.34 |
| | 4.5500 | €0.00 | RM 31,850.00 | −RM 126.85 |
| | 4.5298 | €0.00 | RM 31,708.60 | −RM 268.25 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5695 | – | RM 31,986.33 | |
| | 4.5500 | €0.00 | RM 31,850.00 | −RM 136.33 |
| | – | – | – | – |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5758 | – | RM 32,030.53 | |
| | 4.5634 | €0.00 | RM 31,944.05 | −RM 86.48 |
| | 4.5500 | €0.00 | RM 31,850.00 | −RM 180.53 |
| | 4.5366 | €0.00 | RM 31,756.20 | −RM 274.33 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5884 | – | RM 32,118.74 | |
| | 4.5800 | €0.00 | RM 32,060.00 | −RM 58.74 |
| | 4.5760 | €0.00 | RM 32,032.02 | −RM 86.72 |
| | 4.5459 | €0.00 | RM 31,821.30 | −RM 297.44 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5884 | – | RM 32,118.55 | |
| | 4.5760 | €0.00 | RM 32,031.83 | −RM 86.72 |
| | 4.5700 | €0.00 | RM 31,990.00 | −RM 128.55 |
| | 4.5520 | €0.00 | RM 31,864.00 | −RM 254.55 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5884 | – | RM 32,118.55 | |
| | 4.5760 | €0.00 | RM 32,031.83 | −RM 86.72 |
| | 4.5700 | €0.00 | RM 31,990.00 | −RM 128.55 |
| | 4.5520 | €0.00 | RM 31,864.00 | −RM 254.55 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5732 | – | RM 32,012.49 | |
| | 4.5609 | €0.00 | RM 31,926.06 | −RM 86.43 |
| | 4.5600 | €0.00 | RM 31,920.00 | −RM 92.49 |
| | 4.5498 | €0.00 | RM 31,848.60 | −RM 163.89 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5853 | – | RM 32,097.34 | |
| | 4.5730 | €0.00 | RM 32,010.68 | −RM 86.66 |
| | 4.5700 | €0.00 | RM 31,990.00 | −RM 107.34 |
| | 4.5420 | €0.00 | RM 31,794.00 | −RM 303.34 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5781 | – | RM 32,046.57 | |
| | 4.5700 | €0.00 | RM 31,990.00 | −RM 56.57 |
| | 4.5657 | €0.00 | RM 31,960.04 | −RM 86.53 |
| | 4.5404 | €0.00 | RM 31,782.80 | −RM 263.77 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5840 | – | RM 32,087.76 | |
| | 4.5716 | €0.00 | RM 32,001.13 | −RM 86.63 |
| | 4.5700 | €0.00 | RM 31,990.00 | −RM 97.76 |
| | 4.5448 | €0.00 | RM 31,813.60 | −RM 274.16 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5761 | – | RM 32,032.74 | |
| | 4.5638 | €0.00 | RM 31,946.25 | −RM 86.49 |
| | 4.5600 | €0.00 | RM 31,920.00 | −RM 112.74 |
| | 4.5418 | €0.00 | RM 31,792.60 | −RM 240.14 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | – | – | – | |
| | 4.5600 | €0.00 | RM 31,920.00 | – |
| | 4.5373 | €0.00 | RM 31,761.10 | – |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | – | – | – | |
| | 4.5600 | €0.00 | RM 31,920.00 | – |
| | 4.5373 | €0.00 | RM 31,761.10 | – |
| | – | – | – | – |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5796 | – | RM 32,057.40 | |
| | 4.5673 | €0.00 | RM 31,970.84 | −RM 86.56 |
| | 4.5600 | €0.00 | RM 31,920.00 | −RM 137.40 |
| | 4.5373 | €0.00 | RM 31,761.10 | −RM 296.30 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5623 | – | RM 31,936.30 | |
| | 4.5500 | €0.00 | RM 31,850.07 | −RM 86.23 |
| | 4.5500 | €0.00 | RM 31,850.00 | −RM 86.30 |
| | 4.5252 | €0.00 | RM 31,676.40 | −RM 259.90 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 4.5350 | – | RM 31,744.86 | |
| | 4.5227 | €0.00 | RM 31,659.15 | −RM 85.71 |
| | 4.5200 | €0.00 | RM 31,640.00 | −RM 104.86 |
| | 4.5153 | €0.00 | RM 31,607.10 | −RM 137.76 |
| Exchange rate | Fee | Recipient gets | Difference |
|---|
| Mid-market rate | 4.5350 | – | RM 31,744.86 | |
|---|---|---|---|---|
| | ||||
| | ||||
| | ||||
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Each line shows what the recipient gets when you send €7,000, after fees, as quoted by each company. The mid-market line shows what €7,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.
The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.
When the blue line goes above the dashed one, you're getting more MYR per EUR than the mid-market rate can offer.
This could be due to money transfer offers, FX rate adjustments, or market competitiveness.
No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of MYR on every transfer from Finland.
Right now, Regency FX pays 31,659.15 MYR on 7,000 EUR, which is 85.71 MYR less than the mid-market amount.
Today's payout isn't the best this month though, since the highest receive amount was 32,343.74 MYR.
If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.
Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Malaysia.
We've tracked 62 comparisons to check how often today's top companies were the cheapest across 3 amounts over the past month.
Cheapest every time
Cheapest in 76% of them
Never the cheapest
Based on 21 comparisons across 3 amounts over the last 7 days.
Cheapest in 93% of them
Cheapest in 52% of them
Never the cheapest
Based on 62 comparisons across 3 amounts over the last 30 days.
Cheapest in 88% of them
Cheapest in 31% of them
Cheapest in 3% of them
Based on 110 comparisons across 3 amounts over the last 90 days.
Different companies can come out cheapest depending on the day and the amount you send.
To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).
Today Regency FX is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.
TapTap Send (today's second cheapest) was the cheapest in 52% of its comparisons, so if you send money to Malaysia regularly, it's worth comparing it with Regency FX before each transfer.
7 companies send money from Finland to Malaysia, mostly through app, broker, online, multi-currency account, and global account, and a few more ways.
Usually the cheapest
Companies like Xe will get you 31,607.1 MYR on a €7,000 transfer.
In our comparisons over the past month, it was the cheapest online service on 3 of the 29 days it quoted.
If it's the only time you send money to Malaysia, then it's the best option.
For recurring transfers, an app is a bit more convenient.
For regular transfers
For the regular smaller transfer, apps are convenient and cheap.
TapTap Send charges €0 on a €7,000 transfer, and 31,640 MYR arrives in minutes.
Over the past month, TapTap Send was the cheapest app on 73% of the days it appeared for €7,000 transfers.
In Malaysia they can receive money via bank deposit, mobile wallet, and duitnow.
Moving money between your own accounts
Companies like Wise let you hold EUR and MYR balances in one account.
You can convert between them any time, and it's cheap.
For example, converting 7,000 EUR to MYR with Wise gets you 31,586.63 MYR (€35.06 in fees and 0% markup).
This is especially useful for travel since you are spending in MYR (no extra fees from Wise, only local ATMs).
Over the past month, it came out cheapest among multi-currency accounts on 100% of days.
For freelancers and SMEs
Global accounts are for companies and freelancers making payments to Malaysia.
Companies like Wise Business, Airwallex, Holvi or Payoneer offer business features like batch payments, invoicing, admin tools, and more.
For sending large sums
Currency brokers are good for sending €10,000+ to Malaysia. They charge no fees and add a markup on the rate.
Regency FX charges no fee but adds 0.27% markup on top of the EUR/MYR rate.
Our analysis shows Regency FX was the cheapest broker in 100% of the transfers from €2,000 it quoted.
With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending €7,000 gives your recipient 31,659.15 MYR.
To pay for your transfer in Finland, you have bank transfer, debit card, credit card, and iDEAL.
MobilePay and Siirto are useful for payments within Finland, but they do not send money to Malaysia directly.
For withdrawals in Malaysia, use bank deposit, mobile wallet, and duitnow.
Receive MYR
The name should match the account holder's bank record, so double check it before sending.
You pay €7,000.00
RM31,659
Cheapest
You pay €7,000.00
RM31,640
-RM19
You pay €7,000.00
RM31,640
-RM19
You pay €7,000.00
RM31,640
-RM19
You pay €7,000.00
RM31,607
-RM52
You pay €7,000.00
RM31,541
-RM119
For a transfer from Finland, compare the MYR received and check whether the payment is a taxable gift rather than ordinary family support.
For a €7,000 transfer to Malaysia, these are the current cheapest, fastest and easiest options.
Cheapest
Regency FX is cheapest when funded by bank transfer with bank deposit for the payout. Your recipient gets 31,659.15 MYR, which is 0.06% more than the next best option.
Fastest
Revolut delivers 31,364.04 MYR in within minutes when you pay by bank transfer and choose bank deposit.
If you live in Finland and send someone abroad a cash gift, Finnish gift tax can still apply.
The recipient must file and pay the tax when gifts from you reach €7,500 or more within three years.
Education and maintenance costs may be exempt if you pay the university, landlord or other company directly.
Cash sent to the recipient is treated as a normal gift because they can spend it on anything.
Finnish banks and transfer companies can ask for the source and purpose of an unusual payment.
Keep the invoice, sale document or account statement ready.
SEPA Instant may fund the company's euro account quickly, but the company still needs to complete the payout in Malaysia.
An EEA company may be authorised in another country and operate in Finland through passporting.
If a company does not resolve a complaint, FINE provides guidance and dispute support for financial customers in Finland.
Never move money to a so-called safe account or approve an unexpected bank-identification request.
When in doubt, check the company in the FIN-FSA supervised-entities register.
Every company here is registered with the FIN-FSA or passported in from elsewhere in the EU.
We track 7 of them on EUR to Malaysia, comparing rates, fees and the ways to pay in and collect, updated in real time on live searches.
In the past 30 days alone, we analysed 62 comparisons across 3 amounts.
This page covers the cheapest and fastest options for EUR/MYR transfers. This is how we pick them:
Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.
Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.
Nothing appears without passing our review.
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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