Regency FX is the cheapest right now for transfers from Italy. Using a bank transfer deposit into a bank deposit will get you 32,840.33 MYR in Malaysia.
For speed, Revolut is fastest, with delivery in within minutes.
| 7 of 7 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  Wise Pay via Bank transfer | Fee €35.06 1 EUR = 4.7041 MYR 0.00% vs mid-market | Recipient gets RM 32,763.84 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 = 4.7041 MYR RM 32,763.84You pay€7,000.00 | |||
| Promoted  Xe Pay via Debit card | Fee €0.00 1 EUR = 4.6594 MYR +0.96% vs mid-market | Recipient gets RM 32,615.80 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 = 4.6594 MYR RM 32,615.80You pay€7,000.00 | |||
Run a live search Showing top Italy 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 = 4.6915 MYR +0.27% vs mid-market | Recipient gets RM 32,840.33 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 = 4.6915 MYR RM 32,840.33You pay€7,000.00 | |||
 TapTap Send Pay via Debit card | Fee €0.00 1 EUR = 4.6900 MYR +0.30% vs mid-market | Recipient gets RM 32,830.00 Minutes | |
Ways to receive money in Malaysia with TapTap Send when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes Free1 EUR = 4.6900 MYR RM 32,830.00You pay€7,000.00 Mobile walletMinutesAvailable via:BigPay Free1 EUR = 4.6900 MYR RM 32,830.00You pay€7,000.00 DuitNowMinutesAvailable via:TNG via DuitNow Free1 EUR = 4.6900 MYR RM 32,830.00You pay€7,000.00 | |||
 OFX Pay via Bank transfer | Fee €0.00 1 EUR = 4.6807 MYR +0.50% vs mid-market | Recipient gets RM 32,764.59 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 = 4.6807 MYR RM 32,764.59You pay€7,000.00 | |||
| Wise Pay via Bank transfer | Fee €35.06 1 EUR = 4.7041 MYR 0.00% vs mid-market | Recipient gets RM 32,763.84 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 = 4.7041 MYR RM 32,763.84You pay€7,000.00 | |||
| Wise Pay via iDEAL/WERO | Fee €45.20 1 EUR = 4.7041 MYR 0.00% vs mid-market | Recipient gets RM 32,716.14 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 = 4.7041 MYR RM 32,716.14You pay€7,000.00 | |||
| Xe Pay via Debit card | Fee €0.00 1 EUR = 4.6594 MYR +0.96% vs mid-market | Recipient gets RM 32,615.80 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 = 4.6594 MYR RM 32,615.80You pay€7,000.00 | |||
| Xe Pay via Bank transfer | Fee €0.00 1 EUR = 4.6594 MYR +0.96% vs mid-market | Recipient gets RM 32,615.80 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 = 4.6594 MYR RM 32,615.80You pay€7,000.00 | |||
| Xe Pay via Credit card | Fee €0.00 1 EUR = 4.6594 MYR +0.96% vs mid-market | Recipient gets RM 32,615.80 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 = 4.6594 MYR RM 32,615.80You pay€7,000.00 | |||
| Pricing based on Revolut Standard plan  Revolut Pay via Bank transfer | Fee €70.50 1 EUR = 4.6944 MYR +0.21% vs mid-market | Recipient gets RM 32,530.01 Within minutes | |
Ways to receive money in Malaysia with Revolut when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutes €70.501 EUR = 4.6944 MYR RM 32,530.01You 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 = 4.7041 MYR 0.00% vs mid-market | Recipient gets RM 32,505.12 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 = 4.7041 MYR RM 32,505.12You pay€7,000.00 | |||
| Wise Pay via Credit card | Fee €132.10 1 EUR = 4.7041 MYR 0.00% vs mid-market | Recipient gets RM 32,307.36 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 = 4.7041 MYR RM 32,307.36You pay€7,000.00 | |||
| Only available via Mobile App  WorldRemit Pay via Debit card | Fee €0.95 1 EUR = 4.5649 MYR +3.01% vs mid-market | Recipient gets RM 31,949.82 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 = 4.5649 MYR RM 31,949.82You pay€7,000.00 | |||
| Pricing based on Revolut Standard plan Revolut Pay via Debit card | Fee €221.00 1 EUR = 4.6944 MYR +0.21% vs mid-market | Recipient gets RM 31,823.50 Within minutes | |
Ways to receive money in Malaysia with Revolut when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutes €221.001 EUR = 4.6944 MYR RM 31,823.50You 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 = 4.704177 MYR Updates every 60 minutes. | |||
Transfer details
For a one-off transfer to Malaysia, I suggest picking the cheapest option which is Regency FX.
On a 7,000 EUR transfer, Regency FX delivers the most MYR.
The best option will change depending on how much you actually send, so I suggest to get the best EUR/MYR rate.
You have 4 ways to fund your transfer: bank transfer, debit card, credit card, and ideal.
Sending money to Malaysia directly with SEPA is expensive, but using it to fund the money transfer account, since its cheap and quick.
You can also use a debit card to fund the transfer, including the Postepay card.
First time round you'll need your codice fiscale and a photo ID to verify your account.
7 companies send money from Italy to Malaysia. You can send EUR via app, broker, online, multi-currency account, and global account, and more below.
Regular transfers
For the regular transfer home, an app like TapTap Send is the easiest and most convenient option.
TapTap Send charges €0 on a €7,000 transfer, and 32,830 MYR lands in a mobile wallet in seconds, no bank account needed on their side.
For one-off transfers
Outside the euro transfers, a bank transfer passes through intermediary banks, and each one can take a cut along the way.
Online services skip this and use their own network (it’s much cheaper).
Wise delivers 32,763.84 MYR on €7,000 with a €35.06 fee and 0% markup.
Sending large sums
Managed services charge no fees and work on margin instead, and the more you send to Malaysia, the better rate you will get.
Regency FX charges no fee and adds 0.27% on EUR/MYR rate.
Travelling and receiving
If you travel to Malaysia often, or receive payments from there, this is the best option.
Multi-currency accounts let you hold EUR and MYR in one account, and give you local details.
I suggest trying Wise.
It holds EUR and MYR balances and charges small fees to convert between them.
For business payments
Global accounts are for businesses and freelancers with a partita IVA, paying suppliers abroad, invoicing foreign clients, holding a few currencies.
A few good options are Wise Business, Airwallex, and Payoneer.
With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending €7,000 gives your recipient 32,840.33 MYR.
In Italy, you can pay by bank transfer, debit card, credit card, and ideal.
Satispay and Bancomat Pay are mainly domestic payment methods, they do not send MYR to Malaysia by themselves.
In Malaysia, the recipient can use bank deposit, mobile wallet, and duitnow.
You pay €7,000.00
RM32,840
Cheapest
You pay €7,000.00
RM32,830
-RM10
You pay €7,000.00
RM32,830
-RM10
You pay €7,000.00
RM32,830
-RM10
You pay €7,000.00
RM32,716
-RM124
You pay €7,000.00
RM32,616
-RM225
For a transfer from Italy, compare the amount received first. Then check whether you are making a SEPA payment, an extra-SEPA transfer or a cash-agent remittance, because each works differently.
These are the leading options for a €7,000 transfer to Malaysia.
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 32,840.33 MYR, which is 0.03% 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 32,530.01 MYR, with the money arriving in within minutes.
A bonifico can move euros from your Italian bank to the transfer company through SEPA.
Companies like Regency FX then convert the money into MYR and pay your recipient in Malaysia through a local bank, a wallet, or a cash-pickup network.
SEPA may fund the transfer quickly, but the delivery time depends on the local payout method.
In Italy, the term "money transfer" often means a cash-agent shop rather than an online bank transfer.
The Banca d'Italia confirms that money remittance must be provided by a bank, electronic money institution or authorised payment institution.
Their Italian agents must appear in the OAM register.
Italian banks and transfer companies can pause a large, unusual or poorly explained payment while they check its purpose and source.
Use a clear causale and keep the document that explains the money ready.
For property proceeds, tuition or moving savings, tell the bank before the transfer is due.
If a payment-service complaint is not resolved directly, the Arbitro Bancario Finanziario is the Italian financial ombudsman route.
The exchange rate affects the final MYR amount, so compare today's quote with the recent EUR/MYR range before sending.
Mid-market rate:1 EUR = 4.70007 MYR
Every company here is registered with Banca d'Italia 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 comparisons.
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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