Best companies for MYR/KES transfers
2 of 2 providers Last updated on 28 October 2026
Based on 8,200 MYR transfer Best companies for MYR/KES transfers Sort Cheapest
Promoted Wise Pay via Bank transfer	Fee RM 112.55 1 MYR = 31.8377 KES	Recipient gets KES 257,486.00 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Kenya with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer RM 112.551 MYR = 31.8377 KES KES 257,486.00You payRM 8,200.00
Run a live search Showing top Malaysia to Kenya 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 KES rates.
Run a live search These companies offer multi-currency accounts for spending KES. We suggest doing a live search based on how much MYR you're planning to spend in Kenya.
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.
Wise Pay via Bank transfer	Fee RM 112.55 1 MYR = 31.8377 KES	Recipient gets KES 257,486.00 Within minutes
25 reviews CheapestFastestRecommended Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Kenya with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer RM 112.551 MYR = 31.8377 KES KES 257,486.00You payRM 8,200.00

Wise Pay via FPX	Fee RM 112.55 1 MYR = 31.8377 KES	Recipient gets KES 257,486.00 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Kenya with Wise when paying by fpx. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer RM 112.551 MYR = 31.8377 KES KES 257,486.00You payRM 8,200.00
Exclusive: First Transfer Deal Regency FX Pay via Bank transfer	Fee RM 0.00 1 MYR = 0.0000 KES +0.27% vs mid-market	Recipient gets KES 0.00 Minutes - 24 hours
0 reviews Personal account manager
Ways to receive money in Kenya with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 MYR = 0.0000 KES KES 0.00You payRM 8,200.00
How Our Results Work

Why compare

MYR/KES exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Malaysia to Kenya

Pick a company

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

Wise was the cheapest on 2 of the 30 days it quoted RM8,200 transfers to Kenya.

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 Kenya.

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 Kenya?

How much MYR you send to Kenya 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 Wise was the cheapest in 7% of the transfers from RM8,200 it quoted, and in 37% of all the transfers it quoted.


RM 1,000	0.14%	RM 0.00	KES 31,809.00with fpx to bank deposit	+KES 686.19
RM 5,000	0.13%	RM 0.00	KES 159,130.00with fpx to bank deposit	+KES 1,492.00
RM 8,200This page		RM 112.55	KES 257,486.00with bank transfer to bank deposit	+KES 85,828.67
RM 10,000	0.27%	RM 0.00	KES 317,606.22with bank transfer to bank deposit	+KES 2,342.81

MYR/KES Exchange Rate History

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

The cheapest way to send MYR to KES 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 Wise), across 30 days of comparisons for 8,200 MYR transfers to Kenya.

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 KES 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 KES on every transfer from Malaysia.

Today's payout isn't the best this month though, since the highest receive amount was 260,561.48 KES.

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 Kenya.

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

WiseAppeared in 92 comparisons
Cheapest in 37% 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 Wise is the cheapest and gets you the most KES, but it was the cheapest in only 37% of the 92 comparisons it appeared in over the past month.

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

Ways to send money from Malaysia to Kenya

There are 5 ways to send money from Malaysia to Kenya across 2 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 112.55 and % markup to send MYR 8,200 and your recipient gets KSh257,486 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 Kenya.

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

Holding multiple balances

Multi-currency accounts

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

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

When converting MYR to KES, 8,200 MYR will get you 257,486 KES (after fees).

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

Ways to fund MYR and receive KES in Kenya

With Wise, paying by bank transfer and receiving through a bank deposit is the cheapest combination. Sending MYR 8,200 gives your recipient 257,486 KES.

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 Kenya.

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

The recipient can receive KES 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 Kenya.

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

KSh257,486

Cheapest
2

Fpx Bank deposit

You pay RM8,200.00

KSh257,486

KSh0

Things to check before sending MYR to Kenya

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

Best ways to send MYR to Kenya

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

Cheapest - Wise, funded by bank transfer with bank deposit for the payout. Your recipient gets 257,486 KES, which is 100% more than the next best option.
Fastest - Wise, funded by bank transfer with bank deposit for the payout. Your recipient gets 257,486 KES 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 2 of them on MYR to Kenya, 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/KES 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 Kenya

Tue, 29 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.7731	–	KES 260,539.42
Regency FX Cheapest	31.6873	RM 0.00	KES 259,835.96	−KES 703.46
Wise	31.7842	RM 112.55	KES 257,053.00	−KES 3,486.42

Wed, 30 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.7945	–	KES 260,714.96
Regency FX Cheapest	31.7087	RM 0.00	KES 260,011.03	−KES 703.93
Wise	31.7925	RM 112.55	KES 257,120.00	−KES 3,594.96

Thu, 1 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.7734	–	KES 260,542.27
Regency FX Cheapest	31.6877	RM 0.00	KES 259,838.81	−KES 703.46
Wise	31.7620	RM 112.55	KES 256,874.00	−KES 3,668.27

Fri, 2 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.7742	–	KES 260,548.71
Regency FX Cheapest	31.6884	RM 0.00	KES 259,845.23	−KES 703.48
Wise	31.7742	RM 112.55	KES 256,972.00	−KES 3,576.71

Sat, 3 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.4035	–	KES 257,508.91
Wise Cheapest	31.7580	RM 112.55	KES 256,841.00	−KES 667.90

Sun, 4 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.7063	–	KES 259,991.87
Regency FX Cheapest	31.6207	RM 0.00	KES 259,289.90	−KES 701.97
Wise	31.7580	RM 112.55	KES 256,841.00	−KES 3,150.87

Mon, 5 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.7493	–	KES 260,344.32
Regency FX Cheapest	31.6636	RM 0.00	KES 259,641.39	−KES 702.93
Wise	31.7392	RM 112.55	KES 256,689.00	−KES 3,655.32

Tue, 6 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.7344	–	KES 260,221.84
Regency FX Cheapest	31.6487	RM 0.00	KES 259,519.24	−KES 702.60
Wise	31.7308	RM 112.55	KES 256,621.00	−KES 3,600.84

Wed, 7 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.7761	–	KES 260,563.68
Regency FX Cheapest	31.6903	RM 0.00	KES 259,860.16	−KES 703.52
Wise	31.7651	RM 112.55	KES 256,899.00	−KES 3,664.68

Thu, 8 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.7362	–	KES 260,236.44
Regency FX Cheapest	31.6505	RM 0.00	KES 259,533.80	−KES 702.64
Wise	31.7482	RM 112.55	KES 256,762.00	−KES 3,474.44

Fri, 9 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.7362	–	KES 260,236.46
Regency FX Cheapest	31.6505	RM 0.00	KES 259,533.82	−KES 702.64
Wise	31.7354	RM 112.55	KES 256,658.00	−KES 3,578.46

Sat, 10 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.7461	–	KES 260,318.11
Regency FX Cheapest	31.6604	RM 0.00	KES 259,615.25	−KES 702.86
Wise	31.7495	RM 112.55	KES 256,772.00	−KES 3,546.11

Mon, 12 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.7812	–	KES 260,605.43
Regency FX Cheapest	31.6953	RM 0.00	KES 259,901.80	−KES 703.63
Wise	31.7826	RM 112.55	KES 257,040.00	−KES 3,565.43

Tue, 13 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.7442	–	KES 260,302.28
Regency FX Cheapest	31.6585	RM 0.00	KES 259,599.47	−KES 702.81
Wise	31.7464	RM 112.55	KES 256,747.00	−KES 3,555.28

Wed, 14 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.7801	–	KES 260,596.52
Regency FX Cheapest	31.6943	RM 0.00	KES 259,892.91	−KES 703.61
Wise	31.7775	RM 112.55	KES 256,999.00	−KES 3,597.52

Thu, 15 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.8135	–	KES 260,871.09
Regency FX Cheapest	31.7277	RM 0.00	KES 260,166.74	−KES 704.35
Wise	31.8182	RM 112.55	KES 257,328.00	−KES 3,543.09

Fri, 16 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.8518	–	KES 261,184.43
Regency FX Cheapest	31.7658	RM 0.00	KES 260,479.23	−KES 705.20
Wise	31.8510	RM 112.55	KES 257,593.00	−KES 3,591.43

Sat, 17 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.8618	–	KES 261,266.90
Regency FX Cheapest	31.7758	RM 0.00	KES 260,561.48	−KES 705.42
Wise	31.7981	RM 112.55	KES 257,166.00	−KES 4,100.90

Mon, 19 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.8194	–	KES 260,918.69
Regency FX Cheapest	31.7334	RM 0.00	KES 260,214.21	−KES 704.48
Wise	31.8226	RM 112.55	KES 257,364.00	−KES 3,554.69

Tue, 20 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.7983	–	KES 260,746.22
Regency FX Cheapest	31.7125	RM 0.00	KES 260,042.21	−KES 704.01
Wise	31.8109	RM 112.55	KES 257,269.00	−KES 3,477.22

Wed, 21 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.8321	–	KES 261,023.61
Regency FX Cheapest	31.7462	RM 0.00	KES 260,318.84	−KES 704.77
Wise	31.8407	RM 112.55	KES 257,510.00	−KES 3,513.61

Thu, 22 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.8224	–	KES 260,944.07
Regency FX Cheapest	31.7365	RM 0.00	KES 260,239.52	−KES 704.55
Wise	31.8226	RM 112.55	KES 257,364.00	−KES 3,580.07

Fri, 23 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.7885	–	KES 260,665.99
Regency FX Cheapest	31.7027	RM 0.00	KES 259,962.19	−KES 703.80
Wise	31.7870	RM 112.55	KES 257,076.00	−KES 3,589.99

Sat, 24 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.7612	–	KES 260,441.72
Regency FX Cheapest	31.6754	RM 0.00	KES 259,738.52	−KES 703.20
Wise	31.7852	RM 112.55	KES 257,061.00	−KES 3,380.72

Mon, 26 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	31.7648	–	KES 260,471.75
Regency FX Cheapest	31.6791	RM 0.00	KES 259,768.47	−KES 703.28
Wise	31.7592	RM 112.55	KES 256,851.00	−KES 3,620.75

How to send money to Kenya from Malaysia with the best MYR-KES rate

Best companies for MYR/KES transfers