Best companies for MYR/HKD transfers
3 of 3 providers Last updated on 28 October 2026
Based on 8,200 MYR transfer Best companies for MYR/HKD transfers Sort Cheapest
Promoted Wise Pay via Bank transfer	Fee RM 56.71 1 MYR = 1.9234 HKD	Recipient gets $15,662.97 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Hong Kong with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer RM 56.711 MYR = 1.9234 HKD $15,662.97You payRM 8,200.00
Promoted Xe Pay via Bank transfer	Fee RM 0.00 1 MYR = 1.9109 HKD	Recipient gets $15,669.38 Minutes - 24 hours
4 reviews Personal account managerReceive to bank accountDedicated support for larger transactions
Ways to receive money in Hong Kong with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 MYR = 1.9109 HKD $15,669.38You payRM 8,200.00
Run a live search Showing top Malaysia to Hong Kong 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 HKD rates.
Run a live search These companies offer multi-currency accounts for spending HKD. We suggest doing a live search based on how much MYR you're planning to spend in Hong Kong.
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.
Xe Pay via Bank transfer	Fee RM 0.00 1 MYR = 1.9109 HKD	Recipient gets $15,669.38 Minutes - 24 hours
4 reviews Cheapest Personal account managerReceive to bank accountDedicated support for larger transactions
Ways to receive money in Hong Kong with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 MYR = 1.9109 HKD $15,669.38You payRM 8,200.00
Wise Pay via Bank transfer	Fee RM 56.71 1 MYR = 1.9234 HKD	Recipient gets $15,662.97 Within minutes
25 reviews FastestRecommended Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Hong Kong with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer RM 56.711 MYR = 1.9234 HKD $15,662.97You payRM 8,200.00

Wise Pay via FPX	Fee RM 56.71 1 MYR = 1.9234 HKD	Recipient gets $15,662.97 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Hong Kong with Wise when paying by fpx. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer RM 56.711 MYR = 1.9234 HKD $15,662.97You payRM 8,200.00
Exclusive: First Transfer Deal Regency FX Pay via Bank transfer	Fee RM 0.00 1 MYR = 0.0000 HKD +0.27% vs mid-market	Recipient gets $0.00 Minutes - 24 hours
0 reviews Personal account manager
Ways to receive money in Hong Kong with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 MYR = 0.0000 HKD $0.00You payRM 8,200.00
How Our Results Work

Why compare

MYR/HKD exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Malaysia to Hong Kong

Pick a company

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

Xe was the cheapest on 1 of the 30 days it quoted RM8,200 transfers to Hong Kong.

Fund your transfer

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

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 Hong Kong.

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 Hong Kong?

How much MYR you send to Hong Kong 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 Xe was the cheapest in 5% of the transfers from RM8,200 it quoted, and in 14% of all the transfers it quoted.


RM 1,000	-0.01%	RM 11.62	$1,901.85with bank transfer to bank deposit	$0.00
RM 5,000	0.60%	RM 0.00	$9,562.50with bank transfer to bank deposit	+$11.77
RM 8,200This page		RM 0.00	$15,669.38with bank transfer to bank deposit	+$3,920.55
RM 10,000	0.27%	RM 0.00	$19,183.92with bank transfer to bank deposit	+$55.16

MYR/HKD Exchange Rate History

Is today a good time to send money from Malaysia to Hong Kong?

The cheapest way to send MYR to HKD 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 Xe), across 30 days of comparisons for 8,200 MYR transfers to Hong Kong.

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 HKD 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 HKD on every transfer from Malaysia.

Today's payout isn't the best this month though, since the highest receive amount was 15,728.72 HKD.

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 Hong Kong.

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

XeAppeared in 58 comparisons
Cheapest in 14% of them
WiseAppeared in 92 comparisons
Cheapest in 35% 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 Xe is the cheapest and gets you the most HKD, but it was the cheapest in only 14% of the 58 comparisons it appeared in over the past month.

Wise (today's second cheapest) was the cheapest in only 35% of its comparisons, so it's rarely the cheapest option for transfers to Hong Kong.

If it's a one-off transfer, go with Xe, since it's the cheapest right now.

Ways to send money from Malaysia to Hong Kong

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

Regular transfers from Malaysia

Online transfers

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

Xe charges MYR 0 and % markup to send MYR 8,200 and your recipient gets HK$15,669.38 in minutes - 24 hours.

In our comparisons over the past month, it was the cheapest online service on 22 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 Hong Kong.

Xe is a good option. They charge no fees and add % markup on the MYR/HKD exchange rate.

Our analysis shows Xe was the cheapest broker in 29% 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 Hong Kong, tuition fees, or moving savings from Malaysia to Hong Kong.

Holding multiple balances

Multi-currency accounts

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

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

When converting MYR to HKD, 8,200 MYR will get you 15,662.97 HKD (after fees).

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

Ways to fund MYR and receive HKD in Hong Kong

With Xe, paying by bank transfer and receiving through a bank deposit is the cheapest combination. Sending MYR 8,200 gives your recipient 15,669.38 HKD.

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

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 Hong Kong.

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

The recipient can receive HKD through bank deposit.

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 Hong Kong.

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

HK$15,669

Cheapest
2

Fpx Bank deposit

You pay RM8,200.00

HK$15,663

-HK$6

Things to check before sending MYR to Hong Kong

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

Best ways to send MYR to Hong Kong

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

Cheapest - Xe, funded by bank transfer with bank deposit for the payout. Your recipient gets 15,669.38 HKD, which is 0.04% more than the next best option.
Fastest - Wise, funded by bank transfer with bank deposit for the payout. Your recipient gets 15,662.97 HKD 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 Hong Kong, 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/HKD 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 Hong Kong

Tue, 29 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9233	–	$15,771.31
Regency FX Cheapest	1.9181	RM 0.00	$15,728.72	−$42.59
Xe	1.9111	RM 0.00	$15,671.02	−$100.29
Wise	1.9240	RM 56.71	$15,667.45	−$103.86

Wed, 30 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9226	–	$15,765.52
Regency FX Cheapest	1.9174	RM 0.00	$15,722.95	−$42.57
Xe	1.9104	RM 0.00	$15,665.28	−$100.24
Wise	1.9225	RM 56.71	$15,655.48	−$110.04

Thu, 1 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9215	–	$15,756.57
Regency FX Cheapest	1.9163	RM 0.00	$15,714.03	−$42.54
Xe	1.9103	RM 0.00	$15,664.46	−$92.11
Wise	1.9216	RM 56.71	$15,648.06	−$108.51

Fri, 2 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9215	–	$15,756.19
Regency FX Cheapest	1.9163	RM 0.00	$15,713.64	−$42.55
Xe	1.9104	RM 0.00	$15,665.28	−$90.91
Wise	1.9215	RM 56.71	$15,647.25	−$108.94

Sat, 3 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9211	–	$15,752.91
Regency FX Cheapest	1.9159	RM 0.00	$15,710.37	−$42.54
Wise	1.9207	RM 56.71	$15,640.98	−$111.93
Xe	1.8839	RM 0.00	$15,447.98	−$304.93

Sun, 4 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9211	–	$15,752.81
Regency FX Cheapest	1.9159	RM 0.00	$15,710.27	−$42.54
Wise	1.9207	RM 56.71	$15,640.98	−$111.83
Xe	1.8849	RM 0.00	$15,456.18	−$296.63

Mon, 5 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9199	–	$15,743.18
Regency FX Cheapest	1.9147	RM 0.00	$15,700.67	−$42.51
Xe	1.9089	RM 0.00	$15,652.98	−$90.20
Wise	1.9195	RM 56.71	$15,630.80	−$112.38

Tue, 6 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9206	–	$15,748.77
Regency FX Cheapest	1.9154	RM 0.00	$15,706.25	−$42.52
Xe	1.9097	RM 0.00	$15,659.54	−$89.23
Wise	1.9205	RM 56.71	$15,639.27	−$109.50

Wed, 7 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9204	–	$15,747.61
Regency FX Cheapest	1.9153	RM 0.00	$15,705.09	−$42.52
Xe	1.9095	RM 0.00	$15,657.90	−$89.71
Wise	1.9205	RM 56.71	$15,639.19	−$108.42

Thu, 8 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9186	–	$15,732.39
Regency FX Cheapest	1.9134	RM 0.00	$15,689.91	−$42.48
Xe	1.9076	RM 0.00	$15,642.32	−$90.07
Wise	1.9187	RM 56.71	$15,624.77	−$107.62

Fri, 9 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9194	–	$15,739.44
Regency FX Cheapest	1.9143	RM 0.00	$15,696.94	−$42.50
Xe	1.9081	RM 0.00	$15,646.42	−$93.02
Wise	1.9194	RM 56.71	$15,630.31	−$109.13

Sat, 10 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9211	–	$15,752.70
Regency FX Cheapest	1.9159	RM 0.00	$15,710.17	−$42.53
Wise	1.9211	RM 56.71	$15,643.83	−$108.87
Xe	1.8840	RM 0.00	$15,448.80	−$303.90

Sun, 11 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	–	–	–
Wise Cheapest	1.9211	RM 56.71	$15,643.83	–
Xe	1.8839	RM 0.00	$15,447.98	–

Mon, 12 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9214	–	$15,755.59
Regency FX Cheapest	1.9162	RM 0.00	$15,713.05	−$42.54
Xe	1.9102	RM 0.00	$15,663.64	−$91.95
Wise	1.9216	RM 56.71	$15,647.82	−$107.77

Tue, 13 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9209	–	$15,751.11
Regency FX Cheapest	1.9157	RM 0.00	$15,708.58	−$42.53
Xe	1.9098	RM 0.00	$15,660.36	−$90.75
Wise	1.9209	RM 56.71	$15,642.28	−$108.83

Wed, 14 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9228	–	$15,767.15
Regency FX Cheapest	1.9176	RM 0.00	$15,724.58	−$42.57
Xe	1.9121	RM 0.00	$15,679.22	−$87.93
Wise	1.9228	RM 56.71	$15,658.16	−$108.99

Thu, 15 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9226	–	$15,765.28
Regency FX Cheapest	1.9174	RM 0.00	$15,722.71	−$42.57
Xe	1.9104	RM 0.00	$15,665.28	−$100.00
Wise	1.9229	RM 56.71	$15,658.49	−$106.79

Fri, 16 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9229	–	$15,768.03
Regency FX Cheapest	1.9177	RM 0.00	$15,725.46	−$42.57
Xe	1.9103	RM 0.00	$15,664.46	−$103.57
Wise	1.9227	RM 56.71	$15,657.43	−$110.60

Sat, 17 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9221	–	$15,760.87
Regency FX Cheapest	1.9169	RM 0.00	$15,718.31	−$42.56
Wise	1.9218	RM 56.71	$15,650.02	−$110.85
Xe	1.8851	RM 0.00	$15,457.82	−$303.05

Mon, 19 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9225	–	$15,764.67
Regency FX Cheapest	1.9173	RM 0.00	$15,722.11	−$42.56
Xe	1.9113	RM 0.00	$15,672.66	−$92.01
Wise	1.9226	RM 56.71	$15,656.05	−$108.62

Tue, 20 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9223	–	$15,763.02
Regency FX Cheapest	1.9171	RM 0.00	$15,720.46	−$42.56
Xe	1.9097	RM 0.00	$15,659.54	−$103.48
Wise	1.9219	RM 56.71	$15,650.51	−$112.51

Wed, 21 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9228	–	$15,766.62
Regency FX Cheapest	1.9176	RM 0.00	$15,724.05	−$42.57
Xe	1.9115	RM 0.00	$15,674.30	−$92.32
Wise	1.9228	RM 56.71	$15,658.16	−$108.46

Thu, 22 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9211	–	$15,752.83
Regency FX Cheapest	1.9159	RM 0.00	$15,710.30	−$42.53
Xe	1.9105	RM 0.00	$15,666.10	−$86.73
Wise	1.9209	RM 56.71	$15,642.12	−$110.71

Fri, 23 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9195	–	$15,739.87
Regency FX Cheapest	1.9143	RM 0.00	$15,697.37	−$42.50
Xe	1.9084	RM 0.00	$15,648.88	−$90.99
Wise	1.9194	RM 56.71	$15,630.23	−$109.64

Sat, 24 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1.9196	–	$15,741.12
Regency FX Cheapest	1.9145	RM 0.00	$15,698.62	−$42.50
Wise	1.9197	RM 56.71	$15,632.59	−$108.53
Xe	1.8827	RM 0.00	$15,438.14	−$302.98

How to send money to Hong Kong from Malaysia with the best MYR-HKD rate

Best companies for MYR/HKD transfers