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

From 6 companies analysed, TapTap Send is the cheapest way to send money to Malaysia, giving your recipient 32,800 MYR when you send SEK 80,000.

Deposit with bank transfer and use bank deposit for withdrawal to get the most MYR.

Best companies for SEK/MYR transfers

6 of 6 providers

Last updated on 28 September 2026

Based on 80,000 SEK transfer

Best companies for SEK/MYR transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee 365,51 kr 1 SEK = 0.4109 MYR -0.01% vs mid-market Recipient gets 32 720,54 RM Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
365,51 kr1 SEK = 0.4109 MYR
32 720,54 RMYou pay80 000,00 kr
Promoted

Xe

Pay via Debit card
Fee 0,00 kr 1 SEK = 0.4053 MYR +1.35% vs mid-market Recipient gets 32 424,00 RM Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Malaysia with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 SEK = 0.4053 MYR
32 424,00 RMYou pay80 000,00 kr

Run a live search

Showing top Sweden to Malaysia deals for 80,000 SEK. Do a live search with your exact amount for today's best rates.

TapTap Send

Pay via Debit card
Fee 0,00 kr 1 SEK = 0.4100 MYR +0.20% vs mid-market Recipient gets 32 800,00 RM Minutes
Cheapest
Receive to bank account

Ways to receive money in Malaysia with TapTap Send when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes
Free1 SEK = 0.4100 MYR
32 800,00 RMYou pay80 000,00 kr
Mobile walletMinutesAvailable via:BigPay
Free1 SEK = 0.4100 MYR
32 800,00 RMYou pay80 000,00 kr
DuitNowMinutesAvailable via:TNG via DuitNow
Free1 SEK = 0.4100 MYR
32 800,00 RMYou pay80 000,00 kr
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee 0,00 kr 1 SEK = 0.4097 MYR +0.27% vs mid-market Recipient gets 32 777,42 RM Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 SEK = 0.4097 MYR
32 777,42 RMYou pay80 000,00 kr

Wise

Pay via Bank transfer
Fee 365,51 kr 1 SEK = 0.4109 MYR -0.01% vs mid-market Recipient gets 32 720,54 RM Within minutes
Recommended
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
365,51 kr1 SEK = 0.4109 MYR
32 720,54 RMYou pay80 000,00 kr
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee 820,00 kr 1 SEK = 0.4101 MYR +0.18% vs mid-market Recipient gets 32 470,81 RM Within minutes
Fastest
Multi-currency cardReceive to bank account

Ways to receive money in Malaysia with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
820,00 kr1 SEK = 0.4101 MYR
32 470,81 RMYou pay80 000,00 kr

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

Xe

Pay via Debit card
Fee 0,00 kr 1 SEK = 0.4053 MYR +1.35% vs mid-market Recipient gets 32 424,00 RM Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Malaysia with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 SEK = 0.4053 MYR
32 424,00 RMYou pay80 000,00 kr

Xe

Pay via Bank transfer
Fee 0,00 kr 1 SEK = 0.4053 MYR +1.35% vs mid-market Recipient gets 32 424,00 RM Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Malaysia with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 SEK = 0.4053 MYR
32 424,00 RMYou pay80 000,00 kr

Xe

Pay via Credit card
Fee 0,00 kr 1 SEK = 0.4053 MYR +1.35% vs mid-market Recipient gets 32 424,00 RM Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Malaysia with Xe when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 SEK = 0.4053 MYR
32 424,00 RMYou pay80 000,00 kr

Wise

Pay via Debit card
Fee 1 228,11 kr 1 SEK = 0.4109 MYR -0.01% vs mid-market Recipient gets 32 366,11 RM Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Malaysia with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
1 228,11 kr1 SEK = 0.4109 MYR
32 366,11 RMYou pay80 000,00 kr
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee 0,00 kr 1 SEK = 0.4042 MYR +1.63% vs mid-market Recipient gets 32 336,00 RM Minutes - 24 hours

Ways to receive money in Malaysia with MoneyGram when paying by debit card.

MethodFee & ratesRecipient gets
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
Free1 SEK = 0.4042 MYR
32 336,00 RMYou pay80 000,00 kr
Cash pickupMinutes - 24 hours
40,00 kr1 SEK = 0.4042 MYR
32 336,00 RMYou pay80 040,00 kr
Bank depositMinutes - 24 hoursAvailable via:All Banks
100,00 kr1 SEK = 0.4042 MYR
32 336,00 RMYou pay80 100,00 kr
Card depositMinutes - 24 hoursAvailable via:Bank Debit Card
1 200,00 kr1 SEK = 0.3982 MYR
31 856,00 RMYou pay81 200,00 kr
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee 0,00 kr 1 SEK = 0.4042 MYR +1.63% vs mid-market Recipient gets 32 336,00 RM Minutes - 24 hours

Ways to receive money in Malaysia with MoneyGram when paying by credit card.

MethodFee & ratesRecipient gets
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
Free1 SEK = 0.4042 MYR
32 336,00 RMYou pay80 000,00 kr
Cash pickupMinutes - 24 hours
40,00 kr1 SEK = 0.4042 MYR
32 336,00 RMYou pay80 040,00 kr
Bank depositMinutes - 24 hoursAvailable via:All Banks
100,00 kr1 SEK = 0.4042 MYR
32 336,00 RMYou pay80 100,00 kr
Card depositMinutes - 24 hoursAvailable via:Bank Debit Card
1 200,00 kr1 SEK = 0.3982 MYR
31 856,00 RMYou pay81 200,00 kr
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee 0,00 kr 1 SEK = 0.4042 MYR +1.63% vs mid-market Recipient gets 32 336,00 RM Minutes - 24 hours

Ways to receive money in Malaysia with MoneyGram when paying by bank transfer.

MethodFee & ratesRecipient gets
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
Free1 SEK = 0.4042 MYR
32 336,00 RMYou pay80 000,00 kr
Cash pickupMinutes - 24 hours
40,00 kr1 SEK = 0.4042 MYR
32 336,00 RMYou pay80 040,00 kr
Bank depositMinutes - 24 hoursAvailable via:All Banks
100,00 kr1 SEK = 0.4042 MYR
32 336,00 RMYou pay80 100,00 kr

Wise

Pay via Credit card
Fee 1 390,66 kr 1 SEK = 0.4109 MYR -0.01% vs mid-market Recipient gets 32 299,32 RM Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Malaysia with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
1 390,66 kr1 SEK = 0.4109 MYR
32 299,32 RMYou pay80 000,00 kr
Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee 2 540,00 kr 1 SEK = 0.4101 MYR +0.18% vs mid-market Recipient gets 31 765,46 RM Within minutes
Multi-currency cardReceive to bank account

Ways to receive money in Malaysia with Revolut when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
2 540,00 kr1 SEK = 0.4101 MYR
31 765,46 RMYou pay80 000,00 kr

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

How Our Results Work
Mid-market rate: 1 SEK = 0.4108 MYR Updates every 60 minutes.

How to send money from Sweden to Malaysia

Pick a company

For a one-off transfer to Malaysia, I suggest picking the cheapest option which is TapTap Send.

On a 80,000 SEK transfer, TapTap Send delivers the most MYR.

The best option will change depending on how much you actually send, so I suggest to get the best SEK/MYR rate.

Fund your transfer

You can pay for the transfer using bank transfer, debit card, and credit card.

A transfer from your Swedish bank is usually the easiest way to fund the transfer.

Verify and send

Before you can send money to Malaysia, you'll need to verify your account.

Most companies do it with BankID.

If you can't get BankID yet, some companies will take a passport instead (but its less common).

Ways to send money from Sweden to Malaysia

6 companies send money from Sweden to Malaysia, mostly through app, online, broker, multi-currency account, global account, and in person, and a few more ways.

Medium-sized transfers

Online transfers

For a one-off transfer to Malaysia, an online service like Wise is usually the simplest place to start.

Wise charges kr365.51 to send 80,000 SEK, leaving your recipient with 32,720.54 after a -0.02% markup on SEK/MYR exchange rate.

Regular SEK transfers

Money transfer apps

For smaller regular transfers, apps are the most convenient and easiest way to send money to Malaysia.

TapTap Send charges kr0 on a 80,000 SEK transfer and money will arrive in minutes.

You recipient can withdraw via bank deposit, mobile wallet, duitnow, cash pickup, and card deposit.

In many cases you will need a BankID to verify your account, but a few will do with a passport or drivers licence.

Spending and travelling

Multi-currency accounts

A multi-currency account makes sense if you regularly need MYR.

You can convert your kronor in advance and use the balance when needed without extra fees.

Wise converts SEK 80,000 with a -0.02% exchange-rate markup and holds the MYR in your account.

Paying from business accounts

Global accounts

If your business receives and sends money in Malaysia, a global account keeps the MYR in one place.

You can pay invoices from the balance and convert when needed.

WorldFirst and Airwallex are good options to try.

Ways to fund SEK and receive MYR in Malaysia

With TapTap Send, paying by debit card and receiving through bank deposit is the cheapest combination. Sending 80,000 SEK gives your recipient 32,800 MYR.

From Sweden, you can fund the transfer by bank transfer, debit card, and credit card, and in Malaysia, the recipient can use bank deposit, mobile wallet, duitnow, cash pickup, and card deposit.

Paying from your Swedish bank account

Send SEK using the account and reference shown by the money transfer company.

You may need to use BankID to approve and verify the payment.

For cash pickup, they can collect MYR from a nearby MoneyGram agent in Malaysia.

Swish is useful for payments within Sweden, but it does not send MYR to Malaysia.

  1. 1
    Debit card Bank deposit

    You pay kr80,000.00

    RM32,800

    Cheapest

  2. 2
    Debit card Mobile wallet

    You pay kr80,000.00

    RM32,800

    RM0

  3. 3
    Debit card Duitnow

    You pay kr80,000.00

    RM32,800

    RM0

  4. 4
    Bank transfer Bank deposit

    You pay kr80,000.00

    RM32,777

    -RM23

  5. 5
    Credit card Bank deposit

    You pay kr80,000.00

    RM32,424

    -RM376

Show moreShow less
  1. 6
    Debit card Cash pickup

    You pay kr80,040.00

    RM32,336

    -RM464

  2. 7
    Bank transfer Mobile wallet

    You pay kr80,000.00

    RM32,336

    -RM464

  3. 8
    Bank transfer Cash pickup

    You pay kr80,040.00

    RM32,336

    -RM464

  4. 9
    Credit card Mobile wallet

    You pay kr80,000.00

    RM32,336

    -RM464

  5. 10
    Credit card Cash pickup

    You pay kr80,040.00

    RM32,336

    -RM464

  6. 11
    Debit card Card deposit

    You pay kr81,200.00

    RM31,856

    -RM944

  7. 12
    Credit card Card deposit

    You pay kr81,200.00

    RM31,856

    -RM944

Consider this before sending SEK to Malaysia

Swedish banks are safe but often expensive for foreign payments. Compare money transfer companies available to get the most of MYR from Sweden.

Compare SEK to MYR transfer options

Cheapest way to send money to Malaysia

The cheapest option for MYR 32,800 is TapTap Send. Pay by debit card and choose bank deposit for the payout. Your recipient gets 32,800 MYR, which is 0.07% more than the next best option.

Fastest way to send money to Malaysia

With Revolut, a bank transfer deposit and bank deposit payout delivers 32,470.81 MYR in within minutes.

Swish only works in Sweden

Swish moves money between participating Swedish accounts, it cannot send SEK to Malaysia.

You may still use a Swedish bank transfer to pay for the transfer online, but beyond that, the company will move SEK to Malaysia over local rails or SWIFT.

Avoid delays

A bank can ask for the purpose and source of a large or unusual payment.

Property sales, inheritances and transfers between your own accounts are easier to clear when the documents match the description you gave the bank.

Tell your bank before a time-sensitive payment and keep the sale contract, estate document or account statement ready.

And do not split one large payment into many small ones, since it can trigger more questions.

Sweden does not charge gift tax

Sweden has no gift or inheritance tax, so sending a cash gift does not create a Swedish gift-tax return.

Malaysia may have their own rules on receiving monetary gifts.

Live SEK-MYR Exchange Rate

Get a better SEK to MYR exchange rate

The final rate controls how much MYR you get for your SEK, so compare it alongside the transfer fee.

Mid-market rate:1 SEK = 0.409889 MYR

How we analyse the market

We track 6 companies sending SEK to Malaysia, all registered with Finansinspektionen or passported in, with rates refreshed in real time on live searches.

The krona floats, so we compare on what actually arrives, alongside fees and the ways to pay and collect.

Each goes through our review. More on who we are, why you can trust us and getting started.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.