Best companies for MYR/JPY transfers
3 of 3 providers Last updated on 10 November 2026
Based on 8,200 MYR transfer Best companies for MYR/JPY transfers Sort Cheapest
Promoted Wise Pay via Bank transfer	Fee RM 63.56 1 MYR = 38.9981 JPY 0.00% vs mid-market	Recipient gets ¥317,306.00 Within 3 hours
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Japan with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin 3 hoursAvailable via:Bank Transfer RM 63.561 MYR = 38.9981 JPY ¥317,306.00You payRM 8,200.00
Promoted Xe Pay via Bank transfer	Fee RM 0.00 1 MYR = 38.7070 JPY +0.75% vs mid-market	Recipient gets ¥317,397.40 Minutes - 24 hours
4 reviews Personal account managerReceive to bank accountDedicated support for larger transactions
Ways to receive money in Japan with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 MYR = 38.7070 JPY ¥317,397.40You payRM 8,200.00
Run a live search Showing top Malaysia to Japan 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 JPY rates.
Run a live search These companies offer multi-currency accounts for spending JPY. We suggest doing a live search based on how much MYR you're planning to spend in Japan.
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 = 38.8937 JPY +0.27% vs mid-market	Recipient gets ¥318,928.62 Minutes - 24 hours
0 reviews Cheapest Personal account manager
Ways to receive money in Japan with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 MYR = 38.8937 JPY ¥318,928.62You payRM 8,200.00
Xe Pay via Bank transfer	Fee RM 0.00 1 MYR = 38.7070 JPY +0.75% vs mid-market	Recipient gets ¥317,397.40 Minutes - 24 hours
4 reviews Personal account managerReceive to bank accountDedicated support for larger transactions
Ways to receive money in Japan with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 MYR = 38.7070 JPY ¥317,397.40You payRM 8,200.00
Wise Pay via Bank transfer	Fee RM 63.56 1 MYR = 38.9981 JPY 0.00% vs mid-market	Recipient gets ¥317,306.00 Within 3 hours
25 reviews FastestOur top pick Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Japan with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin 3 hoursAvailable via:Bank Transfer RM 63.561 MYR = 38.9981 JPY ¥317,306.00You payRM 8,200.00

Wise Pay via FPX	Fee RM 63.56 1 MYR = 38.9981 JPY 0.00% vs mid-market	Recipient gets ¥317,306.00 Within 3 hours
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Japan with Wise when paying by fpx. MethodFee & ratesRecipient gets Bank depositWithin 3 hoursAvailable via:Bank Transfer RM 63.561 MYR = 38.9981 JPY ¥317,306.00You payRM 8,200.00
How Our Results Work Mid-market rate: 1 MYR = 38.9990 JPY Updates every 60 minutes.

Why compare

MYR/JPY exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Malaysia to Japan

Pick a company

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

Regency FX was the cheapest on 27 of the 27 days it quoted RM8,200 transfers to Japan.

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 Japan.

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 Japan?

How much MYR you send to Japan 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	-0.01%	RM 15.63	¥38,355.00with bank transfer to bank deposit	+¥948.57
RM 5,000	0.70%	RM 0.00	¥193,537.50with bank transfer to bank deposit	+¥2,126.79
RM 8,200This page	0.27%	RM 0.00	¥318,928.62with bank transfer to bank deposit	+¥1,194.11
RM 10,000	0.27%	RM 0.00	¥388,604.55with bank transfer to bank deposit	+¥1,356.16

Mid-market rate: 1 MYR = 38.9990 JPY

MYR/JPY Exchange Rate History

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

The cheapest way to send MYR to JPY 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 Japan.

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 JPY 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 JPY on every transfer from Malaysia.

Right now, Regency FX pays 318,928.62 JPY on 8,200 MYR, which is 863.43 JPY less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 319,150.75 JPY.

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 Japan.

We've tracked 118 comparisons to check how often today's top companies were the cheapest across 4 amounts over the past month.

Regency FXAppeared in 55 comparisons
Cheapest every time
XeAppeared in 84 comparisons
Cheapest in 18% of them
WiseAppeared in 118 comparisons
Cheapest in 41% of them

Based on 118 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.

Xe (today's second cheapest) was the cheapest in only 18% of its comparisons, so it's rarely the cheapest option for transfers to Japan.

Ways to send money from Malaysia to Japan

There are 5 ways to send money from Malaysia to Japan 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 0.75% markup to send MYR 8,200 and your recipient gets ¥317,397.40 in minutes - 24 hours.

In our comparisons over the past month, it was the cheapest online service on 20 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 Japan.

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

Holding multiple balances

Multi-currency accounts

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

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

When converting MYR to JPY, 8,200 MYR will get you 317,306 JPY (after fees).

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

Ways to fund MYR and receive JPY in Japan

With Regency FX, paying by bank transfer and receiving through a bank deposit is the cheapest combination. Sending MYR 8,200 gives your recipient 318,928.62 JPY.

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 Japan.

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

The recipient can receive JPY 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 Japan.

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

¥318,929

Cheapest
2

FPX Bank deposit

You pay RM8,200.00

¥317,306

-¥1,623

Things to check before sending MYR to Japan

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

Best ways to send MYR to Japan

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 318,928.62 JPY, which is 0.48% more than the next best option.
Fastest - Wise, funded by bank transfer with bank deposit for the payout. Your recipient gets 317,306 JPY 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 Japan, 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 118 comparisons across 4 amounts.

This page covers the cheapest and fastest options for MYR/JPY 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 Japan

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Mon, 12 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	38.7948	–	¥318,117.12
Regency FX Cheapest	38.6900	RM 0.00	¥317,258.21	−¥858.91
Xe	38.5792	RM 0.00	¥316,349.44	−¥1,767.68
Wise	38.7977	RM 63.56	¥315,675.00	−¥2,442.12

Tue, 13 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	38.7393	–	¥317,662.40
Regency FX Cheapest	38.6347	RM 0.00	¥316,804.71	−¥857.69
Xe	38.5219	RM 0.00	¥315,879.58	−¥1,782.82
Wise	38.7407	RM 63.56	¥315,211.00	−¥2,451.40

Wed, 14 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	38.7849	–	¥318,036.27
Regency FX Cheapest	38.6802	RM 0.00	¥317,177.57	−¥858.70
Xe	38.5786	RM 0.00	¥316,344.52	−¥1,691.75
Wise	38.7835	RM 63.56	¥315,560.00	−¥2,476.27

Thu, 15 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	38.7133	–	¥317,448.67
Regency FX Cheapest	38.6087	RM 0.00	¥316,591.56	−¥857.11
Xe	38.4881	RM 0.00	¥315,602.42	−¥1,846.25
Wise	38.7172	RM 63.56	¥315,020.00	−¥2,428.67

Fri, 16 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	38.7167	–	¥317,477.33
Regency FX Cheapest	38.6122	RM 0.00	¥316,620.14	−¥857.19
Xe	38.4929	RM 0.00	¥315,641.78	−¥1,835.55
Wise	38.7162	RM 63.56	¥315,012.00	−¥2,465.33

Sat, 17 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	38.6988	–	¥317,330.05
Regency FX Cheapest	38.5943	RM 0.00	¥316,473.26	−¥856.79
Wise	38.6903	RM 63.56	¥314,801.00	−¥2,529.05
Xe	37.9779	RM 0.00	¥311,418.78	−¥5,911.27

Mon, 19 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	38.7279	–	¥317,569.17
Regency FX Cheapest	38.6234	RM 0.00	¥316,711.74	−¥857.43
Xe	38.5074	RM 0.00	¥315,760.68	−¥1,808.49
Wise	38.7310	RM 63.56	¥315,132.00	−¥2,437.17

Tue, 20 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	38.7340	–	¥317,619.14
Regency FX Cheapest	38.6295	RM 0.00	¥316,761.56	−¥857.58
Xe	38.4843	RM 0.00	¥315,571.26	−¥2,047.88
Wise	38.7266	RM 63.56	¥315,097.00	−¥2,522.14

Wed, 21 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	38.7363	–	¥317,637.69
Regency FX Cheapest	38.6317	RM 0.00	¥316,780.07	−¥857.62
Xe	38.5179	RM 0.00	¥315,846.78	−¥1,790.91
Wise	38.7394	RM 63.56	¥315,201.00	−¥2,436.69

Thu, 22 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	38.5381	–	¥316,012.30
Regency FX Cheapest	38.4340	RM 0.00	¥315,159.06	−¥853.24
Xe	38.3344	RM 0.00	¥314,342.08	−¥1,670.22
Wise	38.5363	RM 63.56	¥313,548.00	−¥2,464.30

Fri, 23 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	38.4515	–	¥315,302.15
Regency FX Cheapest	38.3477	RM 0.00	¥314,450.84	−¥851.31
Xe	38.2333	RM 0.00	¥313,513.06	−¥1,789.09
Wise	38.4468	RM 63.56	¥312,820.00	−¥2,482.15

Sat, 24 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	38.3963	–	¥314,849.32
Regency FX Cheapest	38.2926	RM 0.00	¥313,999.22	−¥850.10
Wise	38.3931	RM 63.56	¥312,383.00	−¥2,466.32
Xe	37.6596	RM 0.00	¥308,808.72	−¥6,040.60

Mon, 26 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	38.4641	–	¥315,405.88
Regency FX Cheapest	38.3603	RM 0.00	¥314,554.29	−¥851.59
Xe	38.2595	RM 0.00	¥313,727.90	−¥1,677.98
Wise	38.4585	RM 63.56	¥312,915.00	−¥2,490.88

Tue, 27 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	38.6064	–	¥316,572.59
Regency FX Cheapest	38.5022	RM 0.00	¥315,717.85	−¥854.74
Xe	38.3884	RM 0.00	¥314,784.88	−¥1,787.71
Wise	38.6062	RM 63.56	¥314,117.00	−¥2,455.59

Wed, 28 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	–	–	–
Xe Cheapest	38.4683	RM 0.00	¥315,440.06	–
Wise	38.7079	RM 63.56	¥314,945.00	–
Regency FX No quote collected this day	–	–	–	–

Thu, 29 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	38.8745	–	¥318,771.28
Regency FX Cheapest	38.7696	RM 0.00	¥317,910.59	−¥860.69
Xe	38.6577	RM 0.00	¥316,993.14	−¥1,778.14
Wise	38.8818	RM 63.56	¥316,359.00	−¥2,412.28

Fri, 30 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	38.8863	–	¥318,867.39
Regency FX Cheapest	38.7813	RM 0.00	¥318,006.45	−¥860.94
Xe	38.6424	RM 0.00	¥316,867.68	−¥1,999.71
Wise	38.8829	RM 63.56	¥316,368.00	−¥2,499.39

Sat, 31 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	38.8257	–	¥318,370.53
Regency FX Cheapest	38.7208	RM 0.00	¥317,510.93	−¥859.60
Wise	38.8381	RM 63.56	¥316,004.00	−¥2,366.53
Xe	38.0710	RM 0.00	¥312,182.20	−¥6,188.33

Mon, 2 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	38.7862	–	¥318,046.96
Regency FX Cheapest	38.6815	RM 0.00	¥317,188.24	−¥858.72
Xe	38.6586	RM 0.00	¥317,000.52	−¥1,046.44
Wise	38.7836	RM 63.56	¥315,560.00	−¥2,486.96

Tue, 3 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	38.7101	–	¥317,422.80
Regency FX Cheapest	38.6056	RM 0.00	¥316,565.75	−¥857.05
Xe	38.4916	RM 0.00	¥315,631.12	−¥1,791.68
Wise	38.7155	RM 63.56	¥315,006.00	−¥2,416.80

Wed, 4 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	38.8825	–	¥318,836.60
Regency FX Cheapest	38.7775	RM 0.00	¥317,975.74	−¥860.86
Xe	38.6428	RM 0.00	¥316,870.96	−¥1,965.64
Wise	38.8788	RM 63.56	¥316,335.00	−¥2,501.60

Thu, 5 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	39.0219	–	¥319,979.41
Regency FX Cheapest	38.9165	RM 0.00	¥319,115.46	−¥863.95
Wise	39.0362	RM 63.56	¥317,616.00	−¥2,363.41
Xe	38.6541	RM 0.00	¥316,963.62	−¥3,015.79

Fri, 6 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	–	–	–
Xe Cheapest	38.7192	RM 0.00	¥317,497.44	–
Wise	38.9476	RM 63.56	¥316,895.00	–
Regency FX No quote collected this day	–	–	–	–

Sat, 7 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	39.0262	–	¥320,014.79
Regency FX Cheapest	38.9208	RM 0.00	¥319,150.75	−¥864.04
Wise	39.0343	RM 63.56	¥317,600.00	−¥2,414.79
Xe	38.2763	RM 0.00	¥313,865.66	−¥6,149.13

Sun, 8 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	39.0188	–	¥319,954.22
Regency FX Cheapest	38.9135	RM 0.00	¥319,090.34	−¥863.88
Wise	39.0343	RM 63.56	¥317,600.00	−¥2,354.22
Xe	38.1983	RM 0.00	¥313,226.06	−¥6,728.16

How to send money to Japan from Malaysia with the best MYR-JPY rate

Best companies for MYR/JPY transfers