Best companies for MYR/USD transfers
4 of 4 providers Last updated on 10 November 2026
Based on 8,200 MYR transfer Best companies for MYR/USD transfers Sort Cheapest
Promoted Wise Pay via Bank transfer	Fee RM 58.46 1 MYR = 0.2468 USD 0.00% vs mid-market	Recipient gets $2,009.01 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in US with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer RM 58.461 MYR = 0.2468 USD $2,009.01You payRM 8,200.00
Promoted Xe Pay via Bank transfer	Fee RM 0.00 1 MYR = 0.2452 USD +0.64% vs mid-market	Recipient gets $2,010.64 Minutes - 24 hours
4 reviews Personal account managerReceive to bank accountDedicated support for larger transactions
Ways to receive money in US with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 MYR = 0.2452 USD $2,010.64You payRM 8,200.00
Run a live search Showing top Malaysia to United States 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 USD rates.
Run a live search These companies offer multi-currency accounts for spending USD. We suggest doing a live search based on how much MYR you're planning to spend in United States.
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 = 0.2461 USD +0.27% vs mid-market	Recipient gets $2,017.99 Minutes - 24 hours
0 reviews Cheapest Personal account manager
Ways to receive money in US with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 MYR = 0.2461 USD $2,017.99You payRM 8,200.00
Xe Pay via Bank transfer	Fee RM 0.00 1 MYR = 0.2452 USD +0.64% vs mid-market	Recipient gets $2,010.64 Minutes - 24 hours
4 reviews Personal account managerReceive to bank accountDedicated support for larger transactions
Ways to receive money in US with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 MYR = 0.2452 USD $2,010.64You payRM 8,200.00
Wise Pay via Bank transfer	Fee RM 58.46 1 MYR = 0.2468 USD 0.00% vs mid-market	Recipient gets $2,009.01 Within minutes
25 reviews FastestOur top pick Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in US with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer RM 58.461 MYR = 0.2468 USD $2,009.01You payRM 8,200.00

Wise Pay via FPX	Fee RM 58.46 1 MYR = 0.2468 USD 0.00% vs mid-market	Recipient gets $2,009.01 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in US with Wise when paying by fpx. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer RM 58.461 MYR = 0.2468 USD $2,009.01You payRM 8,200.00
Only available via Mobile App WorldRemit Pay via Debit card	Fee RM 5.00 1 MYR = 0.2437 USD +1.26% vs mid-market	Recipient gets $1,996.96 Minutes - 2 days
13 reviews Receive to bank account or cash pickup
Ways to receive money in US with WorldRemit when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 2 days RM 5.001 MYR = 0.2437 USD $1,996.96You payRM 8,200.00
How Our Results Work Mid-market rate: 1 MYR = 0.2468 USD Updates every 60 minutes.

Why compare

MYR/USD exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Malaysia to US

Pick a company

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

Regency FX was the cheapest on 29 of the 29 days it quoted RM8,200 transfers to the US.

Fund your transfer

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

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 US?

How much MYR you send to the US 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	0.06%	RM 0.00	$246.60with fpx to bank deposit	+$4.10
RM 5,000	0.06%	RM 25.00	$1,226.84with fpx to bank deposit	+$6.49
RM 8,200This page	0.27%	RM 0.00	$2,017.99with bank transfer to bank deposit	+$9.27
RM 10,000	0.27%	RM 0.00	$2,460.83with bank transfer to bank deposit	+$11.53

Mid-market rate: 1 MYR = 0.2468 USD

MYR/USD Exchange Rate History

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

The cheapest way to send MYR to USD 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 the US.

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 USD 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 USD on every transfer from Malaysia.

Right now, Regency FX pays 2,017.99 USD on 8,200 MYR, which is 5.46 USD less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 2,020.42 USD.

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 the US.

We've tracked 120 comparisons to check how often today's top companies were the cheapest across 4 amounts over the past month.

Regency FXAppeared in 58 comparisons
Cheapest every time
XeAppeared in 85 comparisons
Cheapest in 11% of them
WiseAppeared in 120 comparisons
Cheapest in 8% of them

Based on 120 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, but it only quotes some of the amounts we track, so it isn't included in these figures.

Xe (today's second cheapest) was the cheapest in only 11% of its comparisons, so it's rarely the cheapest option for transfers to the US.

Ways to send money from Malaysia to US

There are 5 ways to send money from Malaysia to the United States across 4 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 0.64% markup to send MYR 8,200 and your recipient gets $2,010.64 in minutes - 24 hours.

In our comparisons over the past month, it was the cheapest online service on 20 of the 29 days it quoted.

SST may appear separately on the fee.

Large transfers from Malaysia

Currency brokers

Brokers are best for large MYR transfers to the United States.

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

Holding multiple balances

Multi-currency accounts

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

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

When converting MYR to USD, 8,200 MYR will get you 2,009.01 USD (after fees).

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

Ways to fund MYR and receive USD in US

With Regency FX, paying by bank transfer and receiving through a bank deposit is the cheapest combination. Sending MYR 8,200 gives your recipient 2,017.99 USD.

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

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 the US.

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

The recipient can receive USD 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 the United States.

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

$2,018

Cheapest
2

FPX Bank deposit

You pay RM8,200.00

$2,009

-$9
3

Debit card Bank deposit

You pay RM8,200.00

$1,997

-$21

Things to check before sending MYR to US

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

Best ways to send MYR to US

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 2,017.99 USD, which is 0.36% more than the next best option.
Fastest - Wise, funded by bank transfer with bank deposit for the payout. Your recipient gets 2,009.01 USD in same day.

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 4 of them on MYR to the United States, 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 120 comparisons across 4 amounts.

This page covers the cheapest and fastest options for MYR/USD 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.

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Mon, 12 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2448	–	$2,007.69
Regency FX Cheapest	0.2442	RM 0.00	$2,002.27	−$5.42
Xe	0.2435	RM 0.00	$1,996.70	−$10.99
Wise	0.2449	RM 58.46	$1,993.52	−$14.17

Tue, 13 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2447	–	$2,006.95
Regency FX Cheapest	0.2441	RM 0.00	$2,001.53	−$5.42
Xe	0.2433	RM 0.00	$1,995.06	−$11.89
Wise	0.2448	RM 58.46	$1,992.79	−$14.16

Wed, 14 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2450	–	$2,009.07
Regency FX Cheapest	0.2443	RM 0.00	$2,003.64	−$5.43
Xe	0.2436	RM 0.00	$1,997.52	−$11.55
Wise	0.2450	RM 58.46	$1,994.74	−$14.33

Thu, 15 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2450	–	$2,009.16
Regency FX Cheapest	0.2444	RM 0.00	$2,003.74	−$5.42
Xe	0.2436	RM 0.00	$1,997.52	−$11.64
Wise	0.2450	RM 58.46	$1,994.99	−$14.17

Fri, 16 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2450	–	$2,009.02
Regency FX Cheapest	0.2443	RM 0.00	$2,003.59	−$5.43
Xe	0.2435	RM 0.00	$1,996.70	−$12.32
Wise	0.2450	RM 58.46	$1,994.74	−$14.28

Sat, 17 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2449	–	$2,008.23
Regency FX Cheapest	0.2442	RM 0.00	$2,002.81	−$5.42
Wise	0.2449	RM 58.46	$1,993.72	−$14.51
Xe	0.2419	RM 0.00	$1,983.58	−$24.65

Mon, 19 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2450	–	$2,008.77
Regency FX Cheapest	0.2443	RM 0.00	$2,003.35	−$5.42
Xe	0.2435	RM 0.00	$1,996.70	−$12.07
Wise	0.2450	RM 58.46	$1,994.50	−$14.27

Tue, 20 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2449	–	$2,008.52
Regency FX Cheapest	0.2443	RM 0.00	$2,003.10	−$5.42
Xe	0.2433	RM 0.00	$1,995.06	−$13.46
Wise	0.2449	RM 58.46	$1,993.77	−$14.75

Wed, 21 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2450	–	$2,009.11
Regency FX Cheapest	0.2444	RM 0.00	$2,003.69	−$5.42
Xe	0.2436	RM 0.00	$1,997.52	−$11.59
Wise	0.2450	RM 58.46	$1,994.86	−$14.25

Thu, 22 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2450	–	$2,008.97
Regency FX Cheapest	0.2443	RM 0.00	$2,003.54	−$5.43
Xe	0.2436	RM 0.00	$1,997.52	−$11.45
Wise	0.2450	RM 58.46	$1,994.50	−$14.47

Fri, 23 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2448	–	$2,007.44
Regency FX Cheapest	0.2441	RM 0.00	$2,002.02	−$5.42
Xe	0.2434	RM 0.00	$1,995.88	−$11.56
Wise	0.2448	RM 58.46	$1,993.03	−$14.41

Sat, 24 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2448	–	$2,007.20
Regency FX Cheapest	0.2441	RM 0.00	$2,001.78	−$5.42
Wise	0.2448	RM 58.46	$1,992.91	−$14.29
Xe	0.2417	RM 0.00	$1,981.94	−$25.26

Mon, 26 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2447	–	$2,006.56
Regency FX Cheapest	0.2440	RM 0.00	$2,001.14	−$5.42
Xe	0.2433	RM 0.00	$1,995.06	−$11.50
Wise	0.2447	RM 58.46	$1,992.06	−$14.50

Tue, 27 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2447	–	$2,006.87
Regency FX Cheapest	0.2441	RM 0.00	$2,001.45	−$5.42
Xe	0.2433	RM 0.00	$1,995.06	−$11.81
Wise	0.2447	RM 58.46	$1,992.06	−$14.81

Wed, 28 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2452	–	$2,010.64
Regency FX Cheapest	0.2445	RM 0.00	$2,005.21	−$5.43
Xe	0.2436	RM 0.00	$1,997.52	−$13.12
Wise	0.2452	RM 58.46	$1,996.21	−$14.43

Thu, 29 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2462	–	$2,019.06
Regency FX Cheapest	0.2456	RM 0.00	$2,013.61	−$5.45
Xe	0.2448	RM 0.00	$2,007.36	−$11.70
Wise	0.2462	RM 58.46	$2,004.81	−$14.25

Fri, 30 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2466	–	$2,022.35
Regency FX Cheapest	0.2460	RM 0.00	$2,016.89	−$5.46
Xe	0.2452	RM 0.00	$2,010.64	−$11.71
Wise	0.2466	RM 58.46	$2,007.78	−$14.57

Sat, 31 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2464	–	$2,020.59
Regency FX Cheapest	0.2457	RM 0.00	$2,015.14	−$5.45
Wise	0.2465	RM 58.46	$2,006.55	−$14.04
Xe	0.2434	RM 0.00	$1,995.88	−$24.71

Mon, 2 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2457	–	$2,014.95
Regency FX Cheapest	0.2451	RM 0.00	$2,009.50	−$5.44
Xe	0.2441	RM 0.00	$2,001.62	−$13.33
Wise	0.2457	RM 58.46	$2,000.62	−$14.33

Tue, 3 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2454	–	$2,012.03
Regency FX Cheapest	0.2447	RM 0.00	$2,006.59	−$5.44
Xe	0.2439	RM 0.00	$1,999.98	−$12.05
Wise	0.2454	RM 58.46	$1,997.68	−$14.35

Wed, 4 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2459	–	$2,015.98
Regency FX Cheapest	0.2452	RM 0.00	$2,010.54	−$5.44
Xe	0.2443	RM 0.00	$2,003.26	−$12.72
Wise	0.2459	RM 58.46	$2,001.61	−$14.37

Thu, 5 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2471	–	$2,025.89
Regency FX Cheapest	0.2464	RM 0.00	$2,020.42	−$5.47
Wise	0.2471	RM 58.46	$2,011.99	−$13.90
Xe	0.2447	RM 0.00	$2,006.54	−$19.35

Fri, 6 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2464	–	$2,020.80
Regency FX Cheapest	0.2458	RM 0.00	$2,015.34	−$5.46
Xe	0.2450	RM 0.00	$2,009.00	−$11.80
Wise	0.2465	RM 58.46	$2,006.54	−$14.26

Sat, 7 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.2462	–	$2,018.95
Regency FX Cheapest	0.2455	RM 0.00	$2,013.50	−$5.45
Wise	0.2463	RM 58.46	$2,005.29	−$13.66
Xe	0.2432	RM 0.00	$1,994.24	−$24.71

Mon, 9 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	–	–	–
Wise Cheapest	0.2464	RM 58.46	$2,005.92	–
Regency FX No quote collected this day	–	–	–	–
Xe No quote collected this day	–	–	–	–

How to send money to the US from Malaysia with the best MYR-USD rate

Best companies for MYR/USD transfers