Best companies for MYR/COP transfers
3 of 3 providers Last updated on 28 October 2026
Based on 8,200 MYR transfer Best companies for MYR/COP transfers Sort Cheapest
Promoted Wise Pay via Bank transfer	Fee RM 144.74 1 MYR = 771.6660 COP +0.15% vs mid-market	Recipient gets $6,215,970.26 Same day
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Colombia with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:Bank Transfer RM 144.741 MYR = 771.6660 COP $6,215,970.26You payRM 8,200.00
Run a live search Showing top Malaysia to Colombia deals for 8,200 MYR. 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 MYR to COP rates.
Run a live search These companies offer multi-currency accounts for spending COP. We suggest doing a live search based on how much MYR you're planning to spend in Colombia.
Run a live search These are managed services with real human support for large MYR 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 RM 0.00 1 MYR = 770.7528 COP +0.27% vs mid-market	Recipient gets $6,320,172.86 Minutes - 24 hours
0 reviews Cheapest Personal account manager
Ways to receive money in Colombia with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 MYR = 770.7528 COP $6,320,172.86You payRM 8,200.00
Wise Pay via Bank transfer	Fee RM 144.74 1 MYR = 771.6660 COP +0.15% vs mid-market	Recipient gets $6,215,970.26 Same day
25 reviews FastestRecommended Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Colombia with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:Bank Transfer RM 144.741 MYR = 771.6660 COP $6,215,970.26You payRM 8,200.00

Wise Pay via FPX	Fee RM 144.74 1 MYR = 771.6660 COP +0.15% vs mid-market	Recipient gets $6,215,970.26 Same day
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Colombia with Wise when paying by fpx. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:Bank Transfer RM 144.741 MYR = 771.6660 COP $6,215,970.26You payRM 8,200.00
Only available via Mobile App WorldRemit Pay via Debit card	Fee RM 5.00 1 MYR = 749.5626 COP +3.06% vs mid-market	Recipient gets $6,142,665.34 Minutes - 2 days
13 reviews Receive to bank account or cash pickup
Ways to receive money in Colombia with WorldRemit when paying by debit card. MethodFee & ratesRecipient gets Mobile moneyMinutes - 2 days RM 5.001 MYR = 749.5626 COP $6,142,665.34You payRM 8,200.00 Bank depositMinutes - 2 days RM 5.001 MYR = 749.5626 COP $6,142,665.34You payRM 8,200.00 Cash pickupMinutes - 2 days RM 5.001 MYR = 747.2467 COP $6,123,686.95You payRM 8,200.00
How Our Results Work Mid-market rate: 1 MYR = 772.8395 COP Updates every 60 minutes.

Why compare

MYR/COP exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Malaysia to Colombia

Pick a company

I suggest starting with Regency FX which is the cheapest option for sending RM8,200.

Regency FX was the cheapest on 30 of the 30 days it quoted RM8,200 transfers to Colombia.

Fund your transfer

There are a few ways to fund your transfer, including bank transfer, fpx, and debit card.

DuitNow and FPX are most common, both free and instant from your banking app.

This is for funding your money transfer account, not direct transfers to Colombia.

Verify and send

First time round you'll need your IC, or a passport and permit if you're a foreign worker.

Run a new recipient's account through Semak Mule before you send to confirm their details.

Compare amounts

How much MYR are you sending to Colombia?

How much MYR you send to Colombia 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 100% of the transfers from RM8,200 it quoted, and in 100% of all the transfers it quoted.


RM 1,000	0.33%	RM 0.00	$770,458.80with fpx to bank deposit	+$15,106.74
RM 5,000	0.14%	RM 91.55	$3,788,611.67with bank transfer to bank deposit	$0.00
RM 8,200This page	0.27%	RM 0.00	$6,320,172.86with bank transfer to bank deposit	+$96,478.18
RM 10,000	0.27%	RM 0.00	$7,707,529.70with bank transfer to bank deposit	+$116,729.65

Mid-market rate: 1 MYR = 772.8395 COP

MYR/COP Exchange Rate History

Is today a good time to send money from Malaysia to Colombia?

The cheapest way to send MYR to COP 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 8,200 MYR transfers to Colombia.

Each line shows what the recipient gets when you send RM 8,200, after fees, as quoted by each company. The mid-market line shows what RM 8,200 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 COP per MYR 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 COP on every transfer from Malaysia.

Right now, Regency FX pays 6,320,172.86 COP on 8,200 MYR, which is 17,110.66 COP less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 6,753,606.84 COP.

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.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Colombia.

We've tracked 92 comparisons to check how often today's top companies were the cheapest across 4 amounts over the past month.

Regency FXAppeared in 46 comparisons
Cheapest every time
WiseAppeared in 92 comparisons
Cheapest in 32% of them
WorldRemitAppeared in 52 comparisons
Cheapest in 6% of them

Based on 92 comparisons across 4 amounts over the last 30 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 and gets you the most COP, and it was also the cheapest in 100% of the 46 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to Colombia.

Wise (today's second cheapest) was the cheapest in only 32% of its comparisons, so it's rarely the cheapest option for transfers to Colombia.

Ways to send money from Malaysia to Colombia

There are 5 ways to send money from Malaysia to Colombia across 3 money transfer services.

Regular transfers from Malaysia

Online transfers

Online services and apps work well for smaller transfers sent home every month.

Wise charges MYR 144.74 and 0.15% markup to send MYR 8,200 and your recipient gets COL$6,215,970.26 in same day.

In our comparisons over the past month, it was the cheapest online service on 29 of the 30 days it quoted.

SST may appear separately on the fee.

Large transfers from Malaysia

Currency brokers

Brokers are best for large MYR transfers to Colombia.

Regency FX is a good option. They charge no fees and add 0.27% markup on the MYR/COP exchange rate.

Our analysis shows Regency FX was the cheapest broker in 100% of all the transfers it quoted.

You get an account manager to handle your transfer, and it’s useful for things like home purchases in Colombia, tuition fees, or moving savings from Malaysia to Colombia.

Holding multiple balances

Multi-currency accounts

A multi-currency account is useful if you receive income from Colombia, or travel there often.

Wise lets you hold MYR and COP in one account, and convert between them when you need.

When converting MYR to COP, 8,200 MYR will get you 6,215,970.26 COP (after fees).

Over the past month, Wise came out cheapest among multi-currency accounts on 100% of days.

Ways to fund MYR and receive COP in Colombia

With Regency FX, paying by bank transfer and receiving through a bank deposit is the cheapest combination. Sending MYR 8,200 gives your recipient 6,320,172.86 COP.

You can fund your transfer in MYR through bank transfer, fpx, and debit card.

Paying through online banking (FPX)

Choose fpx at checkout and approve the payment through your Malaysian bank.

This is the simplest and quickest way to fund your account when sending money to Colombia.

The processing fee may include SST, so double check the final COP amount first.

The recipient can receive COP through bank deposit, mobile money, and cash pickup.

They can receive mobile money

Enter the mobile number registered to the recipient's supported wallet in Colombia.

Check both the number and wallet provider beforehand.

Use our "mobile money" payout filter above to find the cheapest company offering it.

They can receive money directly to the bank or card

For a card and bank deposit, you will need the recipient's account name, account number and bank details in Colombia.

Double check the info, since it's very hard to stop or reverse once it leaves your account.

1

Bank transfer Bank deposit

You pay RM8,200.00

COL$6,320,173

Cheapest
2

Fpx Bank deposit

You pay RM8,200.00

COL$6,215,970

-COL$104,203
3

Debit card Mobile money

You pay RM8,200.00

COL$6,142,665

-COL$177,508
4

Debit card Bank deposit

You pay RM8,200.00

COL$6,142,665

-COL$177,508
5

Debit card Cash pickup

You pay RM8,200.00

COL$6,123,687

-COL$196,486

Things to check before sending MYR to Colombia

Here are a few things to know about money transfers from Malaysia to Colombia.

Best ways to send MYR to Colombia

For a RM 8,200 transfer, these are the best options:

Cheapest - Regency FX, funded by bank transfer with bank deposit for the payout. Your recipient gets 6,320,172.86 COP, which is 1.65% more than the next best option.
Fastest - Wise, funded by bank transfer with bank deposit for the payout. Your recipient gets 6,215,970.26 COP in same day.

Transfers and overseas investments are different

Malaysia's Foreign Exchange Policy does not impose the overseas-investment limit on an ordinary payment for family support, education, goods or services.

Different rules can apply when a resident converts ringgit to invest in foreign-currency assets, particularly if they have domestic ringgit borrowing.

Bank Negara Malaysia keeps the current FEP rules and notices here.

Documents needed

A bank or licensed money services business can ask what the payment is for and where the money came from.

Keep the quote, receipt and any supporting invoice or employment record to hand over if needed.

Check the recipient before you send

For a new bank account, check the recipient details through the Royal Malaysia Police Semak Mule service first.

Only use a bank or money transfer service regulated by Bank Negara Malaysia.

Check the company in BNM's list of licensed MSB operators before paying an unfamiliar agent.

If you realise you have sent money to a scammer, contact your bank and call the National Scam Response Centre on 997.

How we analyse the market

Every company here holds a Bank Negara money services licence, and the register is public if you want to check one yourself.

We track 3 of them on MYR to Colombia, comparing rates, fees and the ways to pay in and collect, refreshed in real time on live comparisons.

In the past 30 days alone, we analysed 92 comparisons across 4 amounts.

This page covers the cheapest and fastest options for MYR/COP 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.

Each also goes through 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.

Send money from Malaysia

Send money to Colombia

Send money from United States to Colombia Send money from Spain to Colombia Send money from India to Colombia Send money from Germany to Colombia Send money from Brazil to Colombia Send money from France to Colombia Send money from Canada to Colombia Send money from Switzerland to Colombia

Tue, 29 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	825.8404	–	$6,771,890.94
Regency FX Cheapest	823.6106	RM 0.00	$6,753,606.84	−$18,284.10
Wise	824.8480	RM 144.74	$6,644,365.10	−$127,525.84
WorldRemit	796.6358	RM 5.00	$6,528,430.71	−$243,460.23

Wed, 30 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	817.3437	–	$6,702,218.44
Regency FX Cheapest	815.1369	RM 0.00	$6,684,122.45	−$18,095.99
Wise	815.2110	RM 144.74	$6,566,736.56	−$135,481.88
WorldRemit	794.9185	RM 5.00	$6,514,356.86	−$187,861.58

Thu, 1 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	811.7326	–	$6,656,207.66
Regency FX Cheapest	809.5410	RM 0.00	$6,638,235.90	−$17,971.76
Wise	806.9060	RM 144.74	$6,499,837.63	−$156,370.03
WorldRemit	787.4128	RM 5.00	$6,452,848.14	−$203,359.52

Fri, 2 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	812.8476	–	$6,665,349.95
Regency FX Cheapest	810.6529	RM 0.00	$6,647,353.51	−$17,996.44
Wise	810.0890	RM 144.74	$6,525,477.52	−$139,872.43
WorldRemit	786.4498	RM 5.00	$6,444,956.52	−$220,393.43

Sat, 3 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	801.0127	–	$6,568,304.25
Regency FX Cheapest	798.8500	RM 0.00	$6,550,569.83	−$17,734.42
Wise	799.2260	RM 144.74	$6,437,973.23	−$130,331.02
WorldRemit No quote collected this day	–	–	–	–

Sun, 4 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	809.9974	–	$6,641,978.49
Regency FX Cheapest	807.8104	RM 0.00	$6,624,045.15	−$17,933.34
WorldRemit	788.1748	RM 5.00	$6,459,092.90	−$182,885.59
Wise	799.2260	RM 144.74	$6,437,973.23	−$204,005.26

Mon, 5 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	807.6893	–	$6,623,052.53
Regency FX Cheapest	805.5086	RM 0.00	$6,605,170.29	−$17,882.24
Wise	799.7160	RM 144.74	$6,441,920.31	−$181,132.22
WorldRemit No quote collected this day	–	–	–	–

Tue, 6 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	784.5426	–	$6,433,249.53
Regency FX Cheapest	782.4244	RM 0.00	$6,415,879.75	−$17,369.78
Wise	782.6250	RM 144.74	$6,304,247.86	−$129,001.67
WorldRemit	762.7737	RM 5.00	$6,250,930.47	−$182,319.06

Wed, 7 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	793.2973	–	$6,505,037.85
Regency FX Cheapest	791.1554	RM 0.00	$6,487,474.25	−$17,563.60
Wise	791.3120	RM 144.74	$6,374,223.90	−$130,813.95
WorldRemit	764.3461	RM 5.00	$6,263,816.37	−$241,221.48

Thu, 8 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	794.2782	–	$6,513,081.25
Regency FX Cheapest	792.1336	RM 0.00	$6,495,495.93	−$17,585.32
Wise	792.4830	RM 144.74	$6,383,656.61	−$129,424.64
WorldRemit	769.4067	RM 5.00	$6,305,287.99	−$207,793.26

Fri, 9 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	789.0156	–	$6,469,927.75
Regency FX Cheapest	786.8852	RM 0.00	$6,452,458.94	−$17,468.81
Wise	787.8270	RM 144.74	$6,346,151.32	−$123,776.43
WorldRemit No quote collected this day	–	–	–	–

Sat, 10 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	782.1042	–	$6,413,254.83
Regency FX Cheapest	779.9926	RM 0.00	$6,395,939.05	−$17,315.78
Wise	780.8850	RM 144.74	$6,290,231.71	−$123,023.12
WorldRemit	764.8371	RM 5.00	$6,267,840.12	−$145,414.71

Mon, 12 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	784.5536	–	$6,433,339.59
Regency FX Cheapest	782.4353	RM 0.00	$6,415,969.58	−$17,370.01
Wise	782.2780	RM 144.74	$6,301,452.68	−$131,886.91
WorldRemit No quote collected this day	–	–	–	–

Tue, 13 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	782.8074	–	$6,419,020.68
Regency FX Cheapest	780.6938	RM 0.00	$6,401,689.32	−$17,331.36
Wise	782.8100	RM 144.74	$6,305,738.08	−$113,282.60
WorldRemit No quote collected this day	–	–	–	–

Wed, 14 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	781.2991	–	$6,406,652.78
Regency FX Cheapest	779.1896	RM 0.00	$6,389,354.82	−$17,297.96
Wise	779.6180	RM 144.74	$6,280,025.69	−$126,627.09
WorldRemit No quote collected this day	–	–	–	–

Thu, 15 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	783.4056	–	$6,423,925.61
Regency FX Cheapest	781.2904	RM 0.00	$6,406,581.01	−$17,344.60
Wise	783.7800	RM 144.74	$6,313,551.68	−$110,373.93
WorldRemit No quote collected this day	–	–	–	–

Fri, 16 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	778.5031	–	$6,383,725.71
Regency FX Cheapest	776.4012	RM 0.00	$6,366,489.65	−$17,236.06
Wise	777.7580	RM 144.74	$6,265,042.91	−$118,682.80
WorldRemit	754.1821	RM 5.00	$6,180,521.90	−$203,203.81

Sat, 17 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	777.3194	–	$6,374,019.09
Regency FX Cheapest	775.2206	RM 0.00	$6,356,809.24	−$17,209.85
Wise	777.4600	RM 144.74	$6,262,642.44	−$111,376.65
WorldRemit	753.9582	RM 5.00	$6,178,687.78	−$195,331.31

Mon, 19 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	778.4427	–	$6,383,230.30
Regency FX Cheapest	776.3409	RM 0.00	$6,365,995.58	−$17,234.72
Wise	777.3220	RM 144.74	$6,261,530.81	−$121,699.49
WorldRemit No quote collected this day	–	–	–	–

Tue, 20 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	774.1533	–	$6,348,056.84
Regency FX Cheapest	772.0631	RM 0.00	$6,330,917.09	−$17,139.75
Wise	773.3560	RM 144.74	$6,229,583.65	−$118,473.19
WorldRemit	750.7115	RM 5.00	$6,152,080.74	−$195,976.10

Wed, 21 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	779.1874	–	$6,389,336.52
Regency FX Cheapest	777.0836	RM 0.00	$6,372,085.32	−$17,251.20
Wise	776.5240	RM 144.74	$6,255,102.72	−$134,233.80
WorldRemit	752.8007	RM 5.00	$6,169,201.65	−$220,134.87

Thu, 22 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	783.6090	–	$6,425,593.87
Regency FX Cheapest	781.4933	RM 0.00	$6,408,244.76	−$17,349.11
Wise	782.1290	RM 144.74	$6,300,252.45	−$125,341.42
WorldRemit No quote collected this day	–	–	–	–

Fri, 23 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	780.5739	–	$6,400,705.91
Regency FX Cheapest	778.4663	RM 0.00	$6,383,424.01	−$17,281.90
Wise	779.1020	RM 144.74	$6,275,869.18	−$124,836.73
WorldRemit	757.1151	RM 5.00	$6,204,558.16	−$196,147.75

Sat, 24 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	776.2996	–	$6,365,656.36
Regency FX Cheapest	774.2035	RM 0.00	$6,348,469.09	−$17,187.27
Wise	766.9590	RM 144.74	$6,178,054.15	−$187,602.21
WorldRemit No quote collected this day	–	–	–	–

Mon, 26 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	773.2683	–	$6,340,800.16
Regency FX Cheapest	771.1805	RM 0.00	$6,323,680.00	−$17,120.16
Wise	771.9750	RM 144.74	$6,218,459.34	−$122,340.82
WorldRemit No quote collected this day	–	–	–	–

How to send money to Colombia from Malaysia with the best MYR-COP rate

Best companies for MYR/COP transfers