How to send money to Sri Lanka from Malaysia with the best MYR-LKR rate

Regency FX is the cheapest way to send money to Sri Lanka, giving your recipient 661,766.89 LKR from RM8,200.

If you need money fast, we suggest using Wise, your LKR transfer will arrive in within minutes.

Best companies for MYR/LKR transfers

2 of 2 providers

Last updated on 28 September 2026

Based on 8,200 MYR transfer

Best companies for MYR/LKR transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee RM 74.76 1 MYR = 80.8055 LKR +0.14% vs mid-market Recipient gets Rs 656,564.08 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Sri Lanka with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
RM 74.761 MYR = 80.8055 LKR
Rs 656,564.08You payRM 8,200.00

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Showing top Malaysia to Sri Lanka deals for 8,200 MYR. Do a live search with your exact amount for today's best rates.
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee RM 0.00 1 MYR = 80.7033 LKR +0.27% vs mid-market Recipient gets Rs 661,766.89 Minutes - 24 hours
0 reviews
Cheapest
Personal account manager

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 MYR = 80.7033 LKR
Rs 661,766.89You payRM 8,200.00

Wise

Pay via Bank transfer
Fee RM 74.76 1 MYR = 80.8055 LKR +0.14% vs mid-market Recipient gets Rs 656,564.08 Within minutes
FastestRecommended
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Sri Lanka with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
RM 74.761 MYR = 80.8055 LKR
Rs 656,564.08You payRM 8,200.00

Wise

Pay via FPX
Fee RM 74.76 1 MYR = 80.8055 LKR +0.14% vs mid-market Recipient gets Rs 656,564.08 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Sri Lanka with Wise when paying by fpx.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
RM 74.761 MYR = 80.8055 LKR
Rs 656,564.08You payRM 8,200.00
How Our Results Work
Mid-market rate: 1 MYR = 80.9218 LKR Updates every 60 minutes.

How to send money from Malaysia to Sri Lanka

Pick a company

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

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 Sri Lanka.

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 Sri Lanka?

How much MYR you send to Sri Lanka 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.

Cheapest service
RM 1,0000.00%RM 0.00Rs 80,913.00with fpx to bank deposit+Rs 1,752.81
RM 8,200This page0.27%RM 0.00Rs 661,766.89with bank transfer to bank deposit+Rs 3,468.54

Mid-market rate: 1 MYR = 80.9218 LKR

Ways to send money from Malaysia to Sri Lanka

There are 5 ways across 2 money transfer services send money from Malaysia to Sri Lanka.

Regular transfers from Malaysia

Online transfers

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

Wise charges MYR 74.76 and 0.14% markup to send MYR 8,200 and your recipient gets ₨656,564.08 in within minutes.

SST may appear separately on the fee.

Large transfers from Malaysia

Currency brokers

Brokers are best for large MYR transfers to Sri Lanka.

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

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

Holding multiple balances

Multi-currency accounts

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

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

When converting MYR to LKR, 8,200 MYR will get you 656,564.08 LKR (after fees).

Ways to fund MYR and receive LKR in Sri Lanka

With Regency FX, paying by bank transfer and receiving through a bank deposit is the cheapest combination. Sending MYR 8,200 gives your recipient 661,766.89 LKR.

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 Sri Lanka.

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

The recipient can receive LKR 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 Sri Lanka.

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 RM8,200.00

    ₨661,767

    Cheapest

  2. 2
    Fpx Bank deposit

    You pay RM8,200.00

    ₨656,564

    -₨5,203

Things to check before sending MYR to Sri Lanka

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

Best ways to send MYR to Sri Lanka

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

  1. Cheapest - Regency FX, funded by bank transfer with bank deposit for the payout. Your recipient gets 661,766.89 LKR, which is 0.79% more than the next best option.

  2. Fastest - Wise, funded by bank transfer with bank deposit for the payout. Your recipient gets 656,564.08 LKR 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.

Live MYR-LKR Exchange Rate

Finding a good MYR to LKR rate

The exchange rate affects how many Sri Lank Rupees your recipient gets for your Malaysian Ringgit.

Mid-market rate:1 MYR = 81.099068 LKR

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 Sri Lanka, 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.