How to send money to Taiwan from Malaysia with the best MYR-TWD rate

Regency FX is the cheapest way to send money to Taiwan, giving your recipient 64,972.84 TWD from RM8,200.

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

Best companies for MYR/TWD transfers

1 of 1 providers

Last updated on 28 October 2026

Based on 8,200 MYR transfer

Best companies for MYR/TWD transfers

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Showing top Malaysia to Taiwan deals for 8,200 MYR. Do a live search with your exact amount for today's best rates.
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Regency FX

Pay via Bank transfer
Fee RM 0.00 1 MYR = 7.9235 TWD +0.27% vs mid-market Recipient gets $64,972.84 Minutes - 24 hours
0 reviews
CheapestFastestRecommended
Personal account manager

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 MYR = 7.9235 TWD
$64,972.84You payRM 8,200.00
How Our Results Work
Mid-market rate: 1 MYR = 7.9450 TWD Updates every 60 minutes.

How to send money from Malaysia to Taiwan

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 Taiwan.

Fund your transfer

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

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 Taiwan.

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 Taiwan?

How much MYR you send to Taiwan 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.

Cheapest service
RM 8,200This page0.27%RM 0.00$64,972.84with bank transfer to bank deposit$0.00
RM 10,0000.27%RM 0.00$79,258.48with bank transfer to bank deposit$0.00

Mid-market rate: 1 MYR = 7.9450 TWD

MYR/TWD Exchange Rate History

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

The cheapest way to send MYR to TWD 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 Taiwan.

TWD received for RM 8,200, after fees

Wed, 28 Oct 2026Mid-market rate$65,148.75 Regency FX $64,972.84Regency FX$64,972.84

63,000
63,500
64,000
64,500
65,000
65,500
66,000
At the mid-market rateWith the cheapest optionRegency FX
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.8142 – $64,076.31
Regency FX Cheapest 7.7931 RM 0.00 $63,903.30 −$173.01
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.8080 – $64,025.62
Regency FX Cheapest 7.7869 RM 0.00 $63,852.75 −$172.87
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.8204 – $64,127.50
Regency FX Cheapest 7.7993 RM 0.00 $63,954.36 −$173.14
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.8120 – $64,058.79
Regency FX Cheapest 7.7910 RM 0.00 $63,885.83 −$172.96
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.7901 – $63,878.80
Regency FX Cheapest 7.7691 RM 0.00 $63,706.33 −$172.47
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.7901 – $63,878.80
Regency FX Cheapest 7.7691 RM 0.00 $63,706.33 −$172.47
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.7724 – $63,733.44
Regency FX Cheapest 7.7514 RM 0.00 $63,561.36 −$172.08
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.7824 – $63,815.79
Regency FX Cheapest 7.7614 RM 0.00 $63,643.49 −$172.30
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.8004 – $63,963.18
Regency FX Cheapest 7.7793 RM 0.00 $63,790.48 −$172.70
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.8090 – $64,033.50
Regency FX Cheapest 7.7879 RM 0.00 $63,860.61 −$172.89
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.8060 – $64,009.23
Regency FX Cheapest 7.7849 RM 0.00 $63,836.41 −$172.82
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.8231 – $64,149.62
Regency FX Cheapest 7.8020 RM 0.00 $63,976.41 −$173.21
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.8231 – $64,149.62
Regency FX Cheapest 7.8020 RM 0.00 $63,976.41 −$173.21
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.8203 – $64,126.55
Regency FX Cheapest 7.7992 RM 0.00 $63,953.41 −$173.14
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.8743 – $64,569.51
Regency FX Cheapest 7.8531 RM 0.00 $64,395.18 −$174.33
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.8803 – $64,618.63
Regency FX Cheapest 7.8590 RM 0.00 $64,444.16 −$174.47
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.9312 – $65,035.45
Regency FX Cheapest 7.9097 RM 0.00 $64,859.86 −$175.59
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.9412 – $65,118.22
Regency FX Cheapest 7.9198 RM 0.00 $64,942.40 −$175.82
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.9481 – $65,174.20
Regency FX Cheapest 7.9266 RM 0.00 $64,998.23 −$175.97
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.9481 – $65,174.20
Regency FX Cheapest 7.9266 RM 0.00 $64,998.23 −$175.97
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.9598 – $65,269.98
Regency FX Cheapest 7.9383 RM 0.00 $65,093.75 −$176.23
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.9890 – $65,509.41
Regency FX Cheapest 7.9674 RM 0.00 $65,332.53 −$176.88
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.9459 – $65,156.63
Regency FX Cheapest 7.9245 RM 0.00 $64,980.71 −$175.92
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.9732 – $65,379.83
Regency FX Cheapest 7.9516 RM 0.00 $65,203.30 −$176.53
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.9807 – $65,441.44
Regency FX Cheapest 7.9591 RM 0.00 $65,264.74 −$176.70
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.9763 – $65,406.05
Regency FX Cheapest 7.9548 RM 0.00 $65,229.45 −$176.60
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.9763 – $65,406.05
Regency FX Cheapest 7.9548 RM 0.00 $65,229.45 −$176.60
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.9747 – $65,392.76
Regency FX Cheapest 7.9532 RM 0.00 $65,216.20 −$176.56
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.9526 – $65,211.34
Regency FX Cheapest 7.9311 RM 0.00 $65,035.27 −$176.07
Exchange rateFeeRecipient getsDifference
Mid-market rate 7.9450 – $65,148.75
Regency FX Cheapest 7.9235 RM 0.00 $64,972.84 −$175.91

Exchange rateFeeRecipient getsDifference

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 TWD 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 TWD on every transfer from Malaysia.

Right now, Regency FX pays 64,972.84 TWD on 8,200 MYR, which is 175.91 TWD less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 65,332.53 TWD.

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 Taiwan.

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

  1. Regency FXAppeared in 46 comparisons

    Cheapest every time

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 TWD, 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 Taiwan.

Ways to send money from Malaysia to Taiwan

There are 1 ways to send money from Malaysia to Taiwan across 1 money transfer services.

Large transfers from Malaysia

Currency brokers

Brokers are best for large MYR transfers to Taiwan.

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

Ways to fund MYR and receive TWD in Taiwan

With Regency FX, paying by bank transfer and receiving through a bank deposit is the cheapest combination. Sending MYR 8,200 gives your recipient 64,972.84 TWD.

You can fund your transfer in MYR through bank transfer.

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

The recipient can receive TWD 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 Taiwan.

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

  1. 1
    Bank transfer Bank deposit

    You pay RM8,200.00

    NT$64,973

    Cheapest

Things to check before sending MYR to Taiwan

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

Best ways to send MYR to Taiwan

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 64,972.84 TWD, which is 0% more than the next best option.

  2. Fastest - Regency FX, funded by bank transfer with bank deposit for the payout. Your recipient gets 64,972.84 TWD 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.

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 1 of them on MYR to Taiwan, 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/TWD 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.