Best companies for MYR/SEK transfers
3 of 3 providers Last updated on 28 October 2026
Based on 8,200 MYR transfer Best companies for MYR/SEK transfers Sort Cheapest
Promoted Wise Pay via Bank transfer	Fee RM 56.60 1 MYR = 2.4413 SEK +0.01% vs mid-market	Recipient gets kr 19,880.89 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Sweden with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer RM 56.601 MYR = 2.4413 SEK kr 19,880.89You payRM 8,200.00
Promoted Xe Pay via Bank transfer	Fee RM 0.00 1 MYR = 2.4249 SEK +0.69% vs mid-market	Recipient gets kr 19,884.18 Minutes - 24 hours
4 reviews Personal account managerReceive to bank accountDedicated support for larger transactions
Ways to receive money in Sweden with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 MYR = 2.4249 SEK kr 19,884.18You payRM 8,200.00
Run a live search Showing top Malaysia to Sweden 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 SEK rates.
Run a live search These companies offer multi-currency accounts for spending SEK. We suggest doing a live search based on how much MYR you're planning to spend in Sweden.
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 = 2.4350 SEK +0.27% vs mid-market	Recipient gets kr 19,967.25 Minutes - 24 hours
0 reviews Cheapest Personal account manager
Ways to receive money in Sweden with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 MYR = 2.4350 SEK kr 19,967.25You payRM 8,200.00
Xe Pay via Bank transfer	Fee RM 0.00 1 MYR = 2.4249 SEK +0.69% vs mid-market	Recipient gets kr 19,884.18 Minutes - 24 hours
4 reviews Personal account managerReceive to bank accountDedicated support for larger transactions
Ways to receive money in Sweden with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 MYR = 2.4249 SEK kr 19,884.18You payRM 8,200.00
Wise Pay via Bank transfer	Fee RM 56.60 1 MYR = 2.4413 SEK +0.01% vs mid-market	Recipient gets kr 19,880.89 Within minutes
25 reviews FastestRecommended Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Sweden with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer RM 56.601 MYR = 2.4413 SEK kr 19,880.89You payRM 8,200.00

Wise Pay via FPX	Fee RM 56.60 1 MYR = 2.4413 SEK +0.01% vs mid-market	Recipient gets kr 19,880.89 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Sweden with Wise when paying by fpx. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer RM 56.601 MYR = 2.4413 SEK kr 19,880.89You payRM 8,200.00
How Our Results Work Mid-market rate: 1 MYR = 2.4416 SEK Updates every 60 minutes.

Why compare

MYR/SEK exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Malaysia to Sweden

Pick a company

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

Regency FX was the cheapest on 30 of the 30 days it quoted RM8,200 transfers to Sweden.

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 Sweden.

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 Sweden?

How much MYR you send to Sweden 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 12.94	kr 2,409.06with bank transfer to bank deposit	kr 0.00
RM 5,000	0.63%	RM 0.00	kr 12,125.50with bank transfer to bank deposit	+kr 8.66
RM 8,200This page	0.27%	RM 0.00	kr 19,967.25with bank transfer to bank deposit	+kr 63.95
RM 10,000	0.27%	RM 0.00	kr 24,337.00with bank transfer to bank deposit	+kr 68.73

Mid-market rate: 1 MYR = 2.4416 SEK

MYR/SEK Exchange Rate History

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

The cheapest way to send MYR to SEK 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 Sweden.

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 SEK 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 SEK on every transfer from Malaysia.

Right now, Regency FX pays 19,967.25 SEK on 8,200 MYR, which is 54.06 SEK less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 20,157.02 SEK.

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 Sweden.

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

Regency FXAppeared in 46 comparisons
Cheapest every time
XeAppeared in 58 comparisons
Cheapest in 10% of them
WiseAppeared in 92 comparisons
Cheapest in 43% 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 Regency FX is the cheapest and gets you the most SEK, and it was also the cheapest in 100% of the 46 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to Sweden.

Xe (today's second cheapest) was the cheapest in only 10% of its comparisons, so it's rarely the cheapest option for transfers to Sweden.

Ways to send money from Malaysia to Sweden

There are 5 ways to send money from Malaysia to Sweden 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 0.69% markup to send MYR 8,200 and your recipient gets kr19,884.18 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 Sweden.

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

Holding multiple balances

Multi-currency accounts

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

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

When converting MYR to SEK, 8,200 MYR will get you 19,880.89 SEK (after fees).

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

Ways to fund MYR and receive SEK in Sweden

With Regency FX, paying by bank transfer and receiving through a bank deposit is the cheapest combination. Sending MYR 8,200 gives your recipient 19,967.25 SEK.

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 Sweden.

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

The recipient can receive SEK 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 Sweden.

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

kr19,967

Cheapest
2

Fpx Bank deposit

You pay RM8,200.00

kr19,881

-kr86

Things to check before sending MYR to Sweden

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

Best ways to send MYR to Sweden

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 19,967.25 SEK, which is 0.42% more than the next best option.
Fastest - Wise, funded by bank transfer with bank deposit for the payout. Your recipient gets 19,880.89 SEK in within 3 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.

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 Sweden, 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/SEK 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

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Tue, 29 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4449	–	kr 20,047.96
Regency FX Cheapest	2.4383	RM 0.00	kr 19,993.83	−kr 54.13
Xe	2.4311	RM 0.00	kr 19,935.02	−kr 112.94
Wise	2.4453	RM 56.60	kr 19,912.81	−kr 135.15

Wed, 30 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4446	–	kr 20,045.79
Regency FX Cheapest	2.4380	RM 0.00	kr 19,991.66	−kr 54.13
Xe	2.4296	RM 0.00	kr 19,922.72	−kr 123.07
Wise	2.4443	RM 56.60	kr 19,904.83	−kr 140.96

Thu, 1 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4552	–	kr 20,132.48
Regency FX Cheapest	2.4486	RM 0.00	kr 20,078.12	−kr 54.36
Xe	2.4395	RM 0.00	kr 20,003.90	−kr 128.58
Wise	2.4551	RM 56.60	kr 19,992.86	−kr 139.62

Fri, 2 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4575	–	kr 20,151.87
Regency FX Cheapest	2.4509	RM 0.00	kr 20,097.46	−kr 54.41
Xe	2.4429	RM 0.00	kr 20,031.78	−kr 120.09
Wise	2.4580	RM 56.60	kr 20,016.15	−kr 135.72

Sat, 3 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4579	–	kr 20,154.42
Regency FX Cheapest	2.4512	RM 0.00	kr 20,100.00	−kr 54.42
Wise	2.4576	RM 56.60	kr 20,013.55	−kr 140.87
Xe	2.4112	RM 0.00	kr 19,771.84	−kr 382.58

Mon, 5 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4648	–	kr 20,211.59
Regency FX Cheapest	2.4582	RM 0.00	kr 20,157.02	−kr 54.57
Xe	2.4497	RM 0.00	kr 20,087.54	−kr 124.05
Wise	2.4644	RM 56.60	kr 20,068.84	−kr 142.75

Tue, 6 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4583	–	kr 20,158.38
Regency FX Cheapest	2.4517	RM 0.00	kr 20,103.95	−kr 54.43
Xe	2.4434	RM 0.00	kr 20,035.88	−kr 122.50
Wise	2.4582	RM 56.60	kr 20,018.43	−kr 139.95

Wed, 7 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4532	–	kr 20,116.11
Regency FX Cheapest	2.4466	RM 0.00	kr 20,061.80	−kr 54.31
Xe	2.4384	RM 0.00	kr 19,994.88	−kr 121.23
Wise	2.4532	RM 56.60	kr 19,977.39	−kr 138.72

Thu, 8 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4505	–	kr 20,094.25
Regency FX Cheapest	2.4439	RM 0.00	kr 20,039.99	−kr 54.26
Xe	2.4350	RM 0.00	kr 19,967.00	−kr 127.25
Wise	2.4508	RM 56.60	kr 19,958.09	−kr 136.16

Fri, 9 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4344	–	kr 19,961.98
Regency FX Cheapest	2.4278	RM 0.00	kr 19,908.08	−kr 53.90
Xe	2.4206	RM 0.00	kr 19,848.92	−kr 113.06
Wise	2.4354	RM 56.60	kr 19,832.68	−kr 129.30

Sat, 10 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4475	–	kr 20,069.37
Regency FX Cheapest	2.4409	RM 0.00	kr 20,015.18	−kr 54.19
Wise	2.4473	RM 56.60	kr 19,929.51	−kr 139.86
Xe	2.3995	RM 0.00	kr 19,675.90	−kr 393.47

Mon, 12 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4488	–	kr 20,079.84
Regency FX Cheapest	2.4421	RM 0.00	kr 20,025.62	−kr 54.22
Xe	2.4339	RM 0.00	kr 19,957.98	−kr 121.86
Wise	2.4486	RM 56.60	kr 19,940.17	−kr 139.67

Tue, 13 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4483	–	kr 20,075.96
Regency FX Cheapest	2.4417	RM 0.00	kr 20,021.76	−kr 54.20
Xe	2.4326	RM 0.00	kr 19,947.32	−kr 128.64
Wise	2.4485	RM 56.60	kr 19,939.44	−kr 136.52

Wed, 14 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4395	–	kr 20,003.81
Regency FX Cheapest	2.4329	RM 0.00	kr 19,949.80	−kr 54.01
Xe	2.4256	RM 0.00	kr 19,889.92	−kr 113.89
Wise	2.4395	RM 56.60	kr 19,865.74	−kr 138.07

Thu, 15 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4443	–	kr 20,043.40
Regency FX Cheapest	2.4377	RM 0.00	kr 19,989.28	−kr 54.12
Xe	2.4292	RM 0.00	kr 19,919.44	−kr 123.96
Wise	2.4444	RM 56.60	kr 19,905.65	−kr 137.75

Fri, 16 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4280	–	kr 19,910.00
Regency FX Cheapest	2.4215	RM 0.00	kr 19,856.24	−kr 53.76
Xe	2.4137	RM 0.00	kr 19,792.34	−kr 117.66
Wise	2.4277	RM 56.60	kr 19,769.98	−kr 140.02

Sat, 17 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4276	–	kr 19,906.35
Regency FX Cheapest	2.4210	RM 0.00	kr 19,852.61	−kr 53.74
Wise	2.4267	RM 56.60	kr 19,761.75	−kr 144.60
Xe	2.3786	RM 0.00	kr 19,504.52	−kr 401.83

Mon, 19 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4315	–	kr 19,937.96
Regency FX Cheapest	2.4249	RM 0.00	kr 19,884.12	−kr 53.84
Xe	2.4176	RM 0.00	kr 19,824.32	−kr 113.64
Wise	2.4310	RM 56.60	kr 19,796.85	−kr 141.11

Tue, 20 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4235	–	kr 19,872.77
Regency FX Cheapest	2.4170	RM 0.00	kr 19,819.12	−kr 53.65
Xe	2.4062	RM 0.00	kr 19,730.84	−kr 141.93
Wise	2.4229	RM 56.60	kr 19,730.56	−kr 142.21

Wed, 21 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4272	–	kr 19,903.23
Regency FX Cheapest	2.4207	RM 0.00	kr 19,849.49	−kr 53.74
Xe	2.4122	RM 0.00	kr 19,780.04	−kr 123.19
Wise	2.4271	RM 56.60	kr 19,764.93	−kr 138.30

Thu, 22 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4247	–	kr 19,882.37
Regency FX Cheapest	2.4181	RM 0.00	kr 19,828.69	−kr 53.68
Xe	2.4105	RM 0.00	kr 19,766.10	−kr 116.27
Wise	2.4246	RM 56.60	kr 19,744.49	−kr 137.88

Fri, 23 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4319	–	kr 19,941.67
Regency FX Cheapest	2.4253	RM 0.00	kr 19,887.83	−kr 53.84
Xe	2.4168	RM 0.00	kr 19,817.76	−kr 123.91
Wise	2.4317	RM 56.60	kr 19,802.63	−kr 139.04

Sat, 24 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4311	–	kr 19,935.06
Regency FX Cheapest	2.4245	RM 0.00	kr 19,881.24	−kr 53.82
Wise	2.4305	RM 56.60	kr 19,792.29	−kr 142.77
Xe	2.3826	RM 0.00	kr 19,537.32	−kr 397.74

Mon, 26 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4322	–	kr 19,944.06
Regency FX Cheapest	2.4256	RM 0.00	kr 19,890.21	−kr 53.85
Xe	2.4178	RM 0.00	kr 19,825.96	−kr 118.10
Wise	2.4324	RM 56.60	kr 19,807.92	−kr 136.14

Tue, 27 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	2.4368	–	kr 19,981.89
Regency FX Cheapest	2.4302	RM 0.00	kr 19,927.94	−kr 53.95
Xe	2.4212	RM 0.00	kr 19,853.84	−kr 128.05
Wise	2.4369	RM 56.60	kr 19,845.06	−kr 136.83

How to send money to Sweden from Malaysia with the best MYR-SEK rate

Best companies for MYR/SEK transfers