Best companies for MYR/GHS transfers
3 of 3 providers Last updated on 28 October 2026
Based on 8,200 MYR transfer Best companies for MYR/GHS transfers Sort Cheapest
Promoted Wise Pay via Bank transfer	Fee RM 132.62 1 MYR = 2.8565 GHS +0.23% vs mid-market	Recipient gets GH₵23,044.79 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Ghana with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer RM 132.621 MYR = 2.8565 GHS GH₵23,044.79You payRM 8,200.00
Run a live search Showing top Malaysia to Ghana 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 GHS rates.
Run a live search These companies offer multi-currency accounts for spending GHS. We suggest doing a live search based on how much MYR you're planning to spend in Ghana.
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 = 2.8554 GHS +0.27% vs mid-market	Recipient gets GH₵23,413.99 Minutes - 24 hours
0 reviews Cheapest Personal account manager
Ways to receive money in Ghana with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 MYR = 2.8554 GHS GH₵23,413.99You payRM 8,200.00
Wise Pay via Bank transfer	Fee RM 132.62 1 MYR = 2.8565 GHS +0.23% vs mid-market	Recipient gets GH₵23,044.79 Within minutes
25 reviews FastestRecommended Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Ghana with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer RM 132.621 MYR = 2.8565 GHS GH₵23,044.79You payRM 8,200.00

Wise Pay via FPX	Fee RM 132.62 1 MYR = 2.8565 GHS +0.23% vs mid-market	Recipient gets GH₵23,044.79 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Ghana with Wise when paying by fpx. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer RM 132.621 MYR = 2.8565 GHS GH₵23,044.79You payRM 8,200.00
Only available via Mobile App WorldRemit Pay via Debit card	Fee RM 5.00 1 MYR = 2.7193 GHS +5.15% vs mid-market	Recipient gets GH₵22,284.83 Minutes - 2 days
13 reviews Receive to bank account or cash pickup
Ways to receive money in Ghana with WorldRemit when paying by debit card. MethodFee & ratesRecipient gets Mobile moneyMinutes - 2 days RM 5.001 MYR = 2.7193 GHS GH₵22,284.83You payRM 8,200.00 Bank depositMinutes - 2 days RM 5.001 MYR = 2.7193 GHS GH₵22,284.83You payRM 8,200.00
How Our Results Work Mid-market rate: 1 MYR = 2.8631 GHS Updates every 60 minutes.

Why compare

MYR/GHS exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Malaysia to Ghana

Pick a company

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

Regency FX was the cheapest on 29 of the 29 days it quoted RM8,200 transfers to Ghana.

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 Ghana.

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 Ghana?

How much MYR you send to Ghana 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	0.44%	RM 0.00	GH₵2,851.20with fpx to bank deposit	+GH₵65.29
RM 5,000	0.20%	RM 75.49	GH₵14,073.07with bank transfer to bank deposit	GH₵0.00
RM 8,200This page	0.27%	RM 0.00	GH₵23,413.99with bank transfer to bank deposit	+GH₵466.89
RM 10,000	0.27%	RM 0.00	GH₵28,553.64with bank transfer to bank deposit	+GH₵547.65

Mid-market rate: 1 MYR = 2.8631 GHS

MYR/GHS Exchange Rate History

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

The cheapest way to send MYR to GHS 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 Ghana.

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 GHS 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 GHS on every transfer from Malaysia.

Right now, Regency FX pays 23,413.99 GHS on 8,200 MYR, which is 63.39 GHS less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 23,617.59 GHS.

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 Ghana.

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 45 comparisons
Cheapest every time
WiseAppeared in 92 comparisons
Cheapest in 29% of them
WorldRemitAppeared in 57 comparisons
Never the cheapest

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, but it only quotes some of the amounts we track, so it isn't included in these figures.

Wise (today's second cheapest) was the cheapest in only 29% of its comparisons, so it's rarely the cheapest option for transfers to Ghana.

Ways to send money from Malaysia to Ghana

There are 5 ways to send money from Malaysia to Ghana 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 132.62 and 0.23% markup to send MYR 8,200 and your recipient gets GH₵23,044.79 in within minutes.

In our comparisons over the past month, it was the cheapest online service on 30 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 Ghana.

Regency FX is a good option. They charge no fees and add 0.27% markup on the MYR/GHS 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 Ghana, tuition fees, or moving savings from Malaysia to Ghana.

Holding multiple balances

Multi-currency accounts

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

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

When converting MYR to GHS, 8,200 MYR will get you 23,044.79 GHS (after fees).

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

Ways to fund MYR and receive GHS in Ghana

With Regency FX, paying by bank transfer and receiving through a bank deposit is the cheapest combination. Sending MYR 8,200 gives your recipient 23,413.99 GHS.

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 Ghana.

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

The recipient can receive GHS through bank deposit and mobile money.

They can receive mobile money

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

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 Ghana.

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

GH₵23,414

Cheapest
2

Fpx Bank deposit

You pay RM8,200.00

GH₵23,045

-GH₵369
3

Debit card Mobile money

You pay RM8,200.00

GH₵22,285

-GH₵1,129
4

Debit card Bank deposit

You pay RM8,200.00

GH₵22,285

-GH₵1,129

Things to check before sending MYR to Ghana

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

Best ways to send MYR to Ghana

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 23,413.99 GHS, which is 1.58% more than the next best option.
Fastest - Wise, funded by bank transfer with bank deposit for the payout. Your recipient gets 23,044.79 GHS in within minutes.

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 Ghana, 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/GHS 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 Ghana

Tue, 29 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8526	–	GH₵23,391.04
Regency FX Cheapest	2.8449	RM 0.00	GH₵23,327.89	−GH₵63.15
Wise	2.8521	RM 138.98	GH₵22,991.00	−GH₵400.04
WorldRemit	2.7161	RM 5.00	GH₵22,258.77	−GH₵1,132.27

Wed, 30 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8586	–	GH₵23,440.54
Regency FX Cheapest	2.8509	RM 0.00	GH₵23,377.25	−GH₵63.29
Wise	2.8583	RM 143.73	GH₵23,027.56	−GH₵412.98
WorldRemit No quote collected this day	–	–	–	–

Thu, 1 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8732	–	GH₵23,560.03
Regency FX Cheapest	2.8654	RM 0.00	GH₵23,496.41	−GH₵63.62
Wise	2.8661	RM 136.60	GH₵23,110.83	−GH₵449.20
WorldRemit No quote collected this day	–	–	–	–

Fri, 2 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8841	–	GH₵23,649.42
Regency FX Cheapest	2.8763	RM 0.00	GH₵23,585.57	−GH₵63.85
Wise	2.8686	RM 139.76	GH₵23,121.93	−GH₵527.49
WorldRemit	2.7340	RM 5.00	GH₵22,405.46	−GH₵1,243.96

Sat, 3 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8752	–	GH₵23,576.89
Regency FX Cheapest	2.8675	RM 0.00	GH₵23,513.23	−GH₵63.66
Wise	2.8723	RM 117.50	GH₵23,215.36	−GH₵361.53
WorldRemit No quote collected this day	–	–	–	–

Sun, 4 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8689	–	GH₵23,524.60
Regency FX Cheapest	2.8611	RM 0.00	GH₵23,461.09	−GH₵63.51
Wise	2.8723	RM 117.50	GH₵23,215.36	−GH₵309.24
WorldRemit	2.7424	RM 5.00	GH₵22,473.80	−GH₵1,050.80

Mon, 5 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8715	–	GH₵23,546.21
Regency FX Cheapest	2.8637	RM 0.00	GH₵23,482.64	−GH₵63.57
Wise	2.8580	RM 183.94	GH₵22,909.90	−GH₵636.31
WorldRemit	2.7345	RM 5.00	GH₵22,409.06	−GH₵1,137.15

Tue, 6 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8708	–	GH₵23,540.54
Regency FX Cheapest	2.8630	RM 0.00	GH₵23,476.98	−GH₵63.56
Wise	2.8733	RM 161.13	GH₵23,098.41	−GH₵442.13
WorldRemit No quote collected this day	–	–	–	–

Wed, 7 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8789	–	GH₵23,606.99
Regency FX Cheapest	2.8711	RM 0.00	GH₵23,543.25	−GH₵63.74
Wise	2.8739	RM 152.44	GH₵23,128.12	−GH₵478.87
WorldRemit	2.7446	RM 5.00	GH₵22,492.32	−GH₵1,114.67

Thu, 8 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8880	–	GH₵23,681.53
Regency FX Cheapest	2.8802	RM 0.00	GH₵23,617.59	−GH₵63.94
Wise	2.8968	RM 156.40	GH₵23,300.70	−GH₵380.83
WorldRemit	2.7480	RM 5.00	GH₵22,519.61	−GH₵1,161.92

Fri, 9 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8786	–	GH₵23,604.18
Regency FX Cheapest	2.8708	RM 0.00	GH₵23,540.44	−GH₵63.74
Wise	2.8765	RM 142.15	GH₵23,178.49	−GH₵425.69
WorldRemit	2.7576	RM 5.00	GH₵22,598.86	−GH₵1,005.32

Sat, 10 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8810	–	GH₵23,624.31
Regency FX Cheapest	2.8732	RM 0.00	GH₵23,560.52	−GH₵63.79
Wise	2.8822	RM 126.26	GH₵23,269.89	−GH₵354.42
WorldRemit	2.7464	RM 5.00	GH₵22,506.75	−GH₵1,117.56

Mon, 12 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8762	–	GH₵23,585.00
Regency FX Cheapest	2.8685	RM 0.00	GH₵23,521.32	−GH₵63.68
Wise	2.8917	RM 175.30	GH₵23,204.78	−GH₵380.22
WorldRemit No quote collected this day	–	–	–	–

Tue, 13 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8838	–	GH₵23,646.88
Regency FX Cheapest	2.8760	RM 0.00	GH₵23,583.03	−GH₵63.85
Wise	2.8704	RM 130.24	GH₵23,163.04	−GH₵483.84
WorldRemit	2.7485	RM 5.00	GH₵22,524.29	−GH₵1,122.59

Wed, 14 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8551	–	GH₵23,411.98
Regency FX Cheapest	2.8474	RM 0.00	GH₵23,348.77	−GH₵63.21
Wise	2.8660	RM 138.97	GH₵23,102.75	−GH₵309.23
WorldRemit	2.7432	RM 5.00	GH₵22,480.36	−GH₵931.62

Thu, 15 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8561	–	GH₵23,419.78
Regency FX Cheapest	2.8484	RM 0.00	GH₵23,356.55	−GH₵63.23
Wise	2.8566	RM 146.11	GH₵23,006.50	−GH₵413.28
WorldRemit No quote collected this day	–	–	–	–

Fri, 16 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8512	–	GH₵23,380.01
Regency FX Cheapest	2.8435	RM 0.00	GH₵23,316.89	−GH₵63.12
Wise	2.8501	RM 138.98	GH₵22,974.71	−GH₵405.30
WorldRemit No quote collected this day	–	–	–	–

Sat, 17 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8642	–	GH₵23,486.33
Regency FX Cheapest	2.8565	RM 0.00	GH₵23,422.92	−GH₵63.41
Wise	2.8541	RM 123.87	GH₵23,050.16	−GH₵436.17
WorldRemit	2.7182	RM 5.00	GH₵22,275.98	−GH₵1,210.35

Mon, 19 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8702	–	GH₵23,535.37
Regency FX Cheapest	2.8624	RM 0.00	GH₵23,471.82	−GH₵63.55
Wise	2.8626	RM 161.13	GH₵23,011.83	−GH₵523.54
WorldRemit No quote collected this day	–	–	–	–

Tue, 20 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	–	–	–
Wise Cheapest	2.8566	RM 148.49	GH₵22,999.86	–
WorldRemit	2.7257	RM 5.00	GH₵22,336.78	–
Regency FX No quote collected this day	–	–	–	–

Wed, 21 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8503	–	GH₵23,372.53
Regency FX Cheapest	2.8426	RM 0.00	GH₵23,309.43	−GH₵63.10
Wise	2.8470	RM 150.06	GH₵22,918.50	−GH₵454.03
WorldRemit	2.7292	RM 5.00	GH₵22,365.38	−GH₵1,007.15

Thu, 22 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8557	–	GH₵23,416.90
Regency FX Cheapest	2.8480	RM 0.00	GH₵23,353.67	−GH₵63.23
Wise	2.8465	RM 147.69	GH₵22,920.66	−GH₵496.24
WorldRemit	2.7198	RM 5.00	GH₵22,288.43	−GH₵1,128.47

Fri, 23 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8360	–	GH₵23,255.00
Regency FX Cheapest	2.8283	RM 0.00	GH₵23,192.21	−GH₵62.78
Wise	2.8431	RM 142.94	GH₵22,907.11	−GH₵347.88
WorldRemit	2.7102	RM 5.00	GH₵22,209.76	−GH₵1,045.24

Sat, 24 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8362	–	GH₵23,256.48
Regency FX Cheapest	2.8285	RM 0.00	GH₵23,193.69	−GH₵62.79
Wise	2.8441	RM 131.03	GH₵22,948.88	−GH₵307.60
WorldRemit	2.7083	RM 5.00	GH₵22,194.60	−GH₵1,061.88

Mon, 26 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.8311	–	GH₵23,215.02
Regency FX Cheapest	2.8235	RM 0.00	GH₵23,152.34	−GH₵62.68
Wise	2.8476	RM 176.09	GH₵22,848.81	−GH₵366.21
WorldRemit	2.7121	RM 5.00	GH₵22,225.33	−GH₵989.69

How to send money to Ghana from Malaysia with the best MYR-GHS rate

Best companies for MYR/GHS transfers