How to send money to Nepal from Malaysia with the best MYR-NPR rate

Regency FX is the cheapest way to send money to Nepal, giving your recipient 1,171,837.49 NPR from RM31,525.

If you need money fast, we suggest using Regency FX, your NPR transfer will arrive in minutes - 24 hours.

Best companies for MYR/NPR transfers

2 of 2 providers

Last updated on 4 September 2026 This page updates weekly. We collect, store, and analyze MYR/NPR exchange rates from our comparisons.

Based on 31,525 MYR transfer

Best companies for MYR/NPR transfers

All money transfer offers for MYR/NPR transfers, sorted by most NPR received. The first two offers may be sponsored promotions. Some offers here pay us a commission.
Sort Cheapest
Promoted
Regency FX

Regency FX

Pay via Bank transfer
Fee RM 0.00 1 MYR = 37.1717 NPR +0.27% vs mid-market Recipient gets Rs 1,171,837.49 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Nepal with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 MYR = 37.1717 NPR
Rs 1,171,837.49You payRM 31,525.00

Run a live search

Showing top Malaysia to Nepal deals for 31,525 MYR. Do a live search with your exact amount for today's best rates.
Exclusive: First Transfer Deal
Regency FX

Regency FX

Pay via Bank transfer
Fee RM 0.00 1 MYR = 37.1717 NPR +0.27% vs mid-market Recipient gets Rs 1,171,837.49 Minutes - 24 hours
CheapestUsing Bank transfer with Regency FX is the cheapest way to send money to Nepal from Malaysia.FastestRegency FX with Bank transfer deposit is the fastest way to send MYR to Nepal.
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Nepal with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 MYR = 37.1717 NPR
Rs 1,171,837.49You payRM 31,525.00
Only available via Mobile App
WorldRemit

WorldRemit

Pay via Debit card
Fee RM 0.00 1 MYR = 35.5891 NPR +4.62% vs mid-market Recipient gets Rs 1,121,947.32 Minutes - 2 days
RecommendedBased on our editorial reviews, WorldRemit is our recommended way to send money from Malaysia to Nepal.
Receive to bank account or cash pickup

Ways to receive money in Nepal with WorldRemit when paying by debit card.

MethodFee & ratesRecipient gets
Cash pickupMinutes - 2 days
Free1 MYR = 35.5891 NPR
Rs 1,121,947.32You payRM 31,525.00
Mobile moneyMinutes - 2 days
Free1 MYR = 35.5891 NPR
Rs 1,121,947.32You payRM 31,525.00
Bank depositMinutes - 2 days
Free1 MYR = 35.5891 NPR
Rs 1,121,947.32You payRM 31,525.00
How Our Results Work
Mid-market rate: 1 MYR = 37.272324 NPR Updates every 60 minutes.

How to send money from Malaysia to Nepal

Pick a company

I suggest starting with Regency FX which is the cheapest option for sending RM31,525.

Fund your transfer

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

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.

Ways to send money from Malaysia to Nepal

There are 2 ways across 2 money transfer services send money from Malaysia to Nepal.

Regular transfers from Malaysia

Online transfers

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

WorldRemit charges MYR 0 and 4.62% markup to send MYR 31,525 and your recipient gets ₨1,121,947.32 in minutes - 2 days.

SST may appear separately on the fee.

Large transfers from Malaysia

Currency brokers

Brokers are best for large MYR transfers to Nepal.

Regency FX is a good option, they charge no fees and add 0.4% markup on the MYR/NPR exchange rate.

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

Ways to fund MYR and receive NPR in Nepal

With Regency FX, paying by bank transfer and receiving through a bank deposit is the cheapest combination. Sending MYR 31,525 gives your recipient 1,171,837.49 NPR.

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

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

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

They can receive mobile money

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

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 Nepal.

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

  1. 1
    Bank transfer Bank deposit

    You pay RM31,525.00

    ₨1,171,837

    Cheapest

  2. 2
    Debit card Cash pickup

    You pay RM31,525.00

    ₨1,121,947

    -₨49,890

  3. 3
    Debit card Mobile money

    You pay RM31,525.00

    ₨1,121,947

    -₨49,890

  4. 4
    Debit card Bank deposit

    You pay RM31,525.00

    ₨1,121,947

    -₨49,890

Things to check before sending MYR to Nepal

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

Best ways to send MYR to Nepal

For a RM 31,525 transfer, these are the best options:

  1. Cheapest - Regency FX, funded by bank transfer with bank deposit for the payout. Your recipient gets 1,171,837.49 NPR, which is 4.26% more than the next best option.

  2. Fastest - Regency FX, funded by bank transfer with bank deposit for the payout. Your recipient gets 1,171,837.49 NPR in minutes - 24 hours.

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.

Live MYR-NPR Exchange Rate

Finding a good MYR to NPR rate

The exchange rate affects how many Nepalese Rupee your recipient gets for your Malaysian Ringgit.

Mid-market rate:1 MYR = 37.353849 NPR

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 Nepal, comparing rates, fees and the ways to pay in and collect, refreshed in real time on live comparisons.

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.