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 debit card 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 October 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 = 0.4094 MYR -0.02% vs mid-market Recipient gets 32 600,13 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 = 0.4094 MYR
32 600,13 RMYou pay80 000,00 kr
Promoted

Xe

Pay via Debit card
Fee 0,00 kr 1 SEK = 0.4032 MYR +1.50% vs mid-market Recipient gets 32 256,00 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 = 0.4032 MYR
32 256,00 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 -0.17% 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 = 0.4082 MYR +0.27% vs mid-market Recipient gets 32 656,07 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 = 0.4082 MYR
32 656,07 RMYou pay80 000,00 kr

Wise

Pay via Bank transfer
Fee 365,51 kr 1 SEK = 0.4094 MYR -0.02% vs mid-market Recipient gets 32 600,13 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 = 0.4094 MYR
32 600,13 RMYou pay80 000,00 kr
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee 820,00 kr 1 SEK = 0.4086 MYR +0.17% vs mid-market Recipient gets 32 353,69 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 = 0.4086 MYR
32 353,69 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 = 0.4032 MYR +1.50% vs mid-market Recipient gets 32 256,00 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 = 0.4032 MYR
32 256,00 RMYou pay80 000,00 kr

Xe

Pay via Bank transfer
Fee 0,00 kr 1 SEK = 0.4032 MYR +1.50% vs mid-market Recipient gets 32 256,00 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 = 0.4032 MYR
32 256,00 RMYou pay80 000,00 kr

Xe

Pay via Credit card
Fee 0,00 kr 1 SEK = 0.4032 MYR +1.50% vs mid-market Recipient gets 32 256,00 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 = 0.4032 MYR
32 256,00 RMYou pay80 000,00 kr

Wise

Pay via Debit card
Fee 1 228,11 kr 1 SEK = 0.4094 MYR -0.02% vs mid-market Recipient gets 32 247,01 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 = 0.4094 MYR
32 247,01 RMYou pay80 000,00 kr

Wise

Pay via Credit card
Fee 1 390,66 kr 1 SEK = 0.4094 MYR -0.02% vs mid-market Recipient gets 32 180,46 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 = 0.4094 MYR
32 180,46 RMYou pay80 000,00 kr
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee 0,00 kr 1 SEK = 0.4019 MYR +1.83% vs mid-market Recipient gets 32 152,00 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 = 0.4019 MYR
32 152,00 RMYou pay80 000,00 kr
Cash pickupMinutes - 24 hours
40,00 kr1 SEK = 0.4019 MYR
32 152,00 RMYou pay80 040,00 kr
Bank depositMinutes - 24 hoursAvailable via:All Banks
100,00 kr1 SEK = 0.4019 MYR
32 152,00 RMYou pay80 100,00 kr
Card depositMinutes - 24 hoursAvailable via:Bank Debit Card
1 200,00 kr1 SEK = 0.3959 MYR
31 672,00 RMYou pay81 200,00 kr
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee 0,00 kr 1 SEK = 0.4019 MYR +1.83% vs mid-market Recipient gets 32 152,00 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 = 0.4019 MYR
32 152,00 RMYou pay80 000,00 kr
Cash pickupMinutes - 24 hours
40,00 kr1 SEK = 0.4019 MYR
32 152,00 RMYou pay80 040,00 kr
Bank depositMinutes - 24 hoursAvailable via:All Banks
100,00 kr1 SEK = 0.4019 MYR
32 152,00 RMYou pay80 100,00 kr
Card depositMinutes - 24 hoursAvailable via:Bank Debit Card
1 200,00 kr1 SEK = 0.3959 MYR
31 672,00 RMYou pay81 200,00 kr
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee 0,00 kr 1 SEK = 0.4019 MYR +1.83% vs mid-market Recipient gets 32 152,00 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 = 0.4019 MYR
32 152,00 RMYou pay80 000,00 kr
Cash pickupMinutes - 24 hours
40,00 kr1 SEK = 0.4019 MYR
32 152,00 RMYou pay80 040,00 kr
Bank depositMinutes - 24 hoursAvailable via:All Banks
100,00 kr1 SEK = 0.4019 MYR
32 152,00 RMYou pay80 100,00 kr
Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee 2 540,00 kr 1 SEK = 0.4086 MYR +0.17% vs mid-market Recipient gets 31 650,88 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 = 0.4086 MYR
31 650,88 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 = 0.4093 MYR Updates every 60 minutes.

How to send money from Sweden to Malaysia

Pick a company

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

TapTap Send was the cheapest on 13 of the 23 days it quoted kr80,000 transfers to Malaysia.

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 it's less common).

Compare amounts

How much SEK are you sending to Malaysia?

How much SEK you send to Malaysia 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 TapTap Send was the cheapest in 63% of the transfers from SEK 50,000 it quoted, and in 68% of all the transfers it quoted.

Cheapest service
5 000 kr-0.07%0,00 kr2 050,00 RMwith debit card to bank deposit+28,70 RM
10 000 kr-0.11%0,00 kr4 100,00 RMwith debit card to bank deposit+60,08 RM
25 000 kr-0.07%0,00 kr10 250,00 RMwith debit card to bank deposit+159,53 RM
50 000 kr-0.12%0,00 kr20 500,00 RMwith debit card to bank deposit+356,40 RM
80 000 krThis page-0.17%0,00 kr32 800,00 RMwith debit card to bank deposit+514,44 RM

Mid-market rate: 1 SEK = 0.4093 MYR

SEK/MYR Exchange Rate History

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

The cheapest way to send SEK to MYR 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 TapTap Send), across 30 days of comparisons for 80,000 SEK transfers to Malaysia.

MYR received for 80 000 kr, after fees

Wed, 28 Oct 2026Mid-market rate32 744,48 RM TapTap Send 32 800,00 RMTapTap Send32 800,00 RMRegency FX32 656,07 RMWise32 600,13 RM

31 800
32 000
32 200
32 400
32 600
32 800
33 000
33 200
At the mid-market rateWith the cheapest optionTapTap SendRegency FXWise
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4093 – 32 746,64 RM
Regency FX Cheapest 0.4082 0,00 kr 32 658,22 RM −88,42 RM
Wise 0.4093 365,51 kr 32 595,43 RM −151,21 RM
TapTap Send 0.4000 0,00 kr 32 000,00 RM −746,64 RM
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4090 – 32 722,32 RM
Regency FX Cheapest 0.4079 0,00 kr 32 633,97 RM −88,35 RM
Wise 0.4090 365,51 kr 32 568,83 RM −153,49 RM
TapTap Send 0.4000 0,00 kr 32 000,00 RM −722,32 RM
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4074 – 32 593,28 RM
TapTap Send Cheapest 0.4100 0,00 kr 32 800,00 RM +206,72 RM
Regency FX 0.4063 0,00 kr 32 505,28 RM −88,00 RM
Wise 0.4075 365,51 kr 32 449,78 RM −143,50 RM
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4072 – 32 573,44 RM
Regency FX Cheapest 0.4061 0,00 kr 32 485,49 RM −87,95 RM
Wise 0.4071 365,51 kr 32 422,78 RM −150,66 RM
TapTap Send 0.4000 0,00 kr 32 000,00 RM −573,44 RM
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4069 – 32 548,72 RM
Regency FX Cheapest 0.4058 0,00 kr 32 460,84 RM −87,88 RM
Wise 0.4069 365,51 kr 32 402,80 RM −145,92 RM
TapTap Send 0.4000 0,00 kr 32 000,00 RM −548,72 RM
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4069 – 32 548,72 RM
Regency FX Cheapest 0.4058 0,00 kr 32 460,84 RM −87,88 RM
Wise 0.4069 365,51 kr 32 402,80 RM −145,92 RM
TapTap Send 0.4000 0,00 kr 32 000,00 RM −548,72 RM
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4056 – 32 449,44 RM
Regency FX Cheapest 0.4045 0,00 kr 32 361,83 RM −87,61 RM
Wise 0.4056 365,51 kr 32 303,17 RM −146,27 RM
TapTap Send 0.4000 0,00 kr 32 000,00 RM −449,44 RM
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4065 – 32 522,56 RM
Regency FX Cheapest 0.4054 0,00 kr 32 434,75 RM −87,81 RM
Wise 0.4066 365,51 kr 32 375,48 RM −147,08 RM
TapTap Send 0.4000 0,00 kr 32 000,00 RM −522,56 RM
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4075 – 32 598,00 RM
TapTap Send Cheapest 0.4100 0,00 kr 32 800,00 RM +202,00 RM
Regency FX 0.4064 0,00 kr 32 509,99 RM −88,01 RM
Wise 0.4075 365,51 kr 32 449,46 RM −148,54 RM
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4085 – 32 680,48 RM
TapTap Send Cheapest 0.4100 0,00 kr 32 800,00 RM +119,52 RM
Regency FX 0.4074 0,00 kr 32 592,24 RM −88,24 RM
Wise 0.4086 365,51 kr 32 538,25 RM −142,23 RM
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4107 – 32 853,04 RM
TapTap Send Cheapest 0.4100 0,00 kr 32 800,00 RM −53,04 RM
Regency FX 0.4096 0,00 kr 32 764,34 RM −88,70 RM
Wise 0.4107 365,51 kr 32 705,41 RM −147,63 RM
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4086 – 32 686,64 RM
TapTap Send Cheapest 0.4100 0,00 kr 32 800,00 RM +113,36 RM
Regency FX 0.4075 0,00 kr 32 598,39 RM −88,25 RM
Wise 0.4086 365,51 kr 32 539,37 RM −147,27 RM
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4086 – 32 686,64 RM
TapTap Send Cheapest 0.4100 0,00 kr 32 800,00 RM +113,36 RM
Regency FX 0.4075 0,00 kr 32 598,39 RM −88,25 RM
Wise 0.4086 365,51 kr 32 539,37 RM −147,27 RM
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4087 – 32 696,32 RM
TapTap Send Cheapest 0.4100 0,00 kr 32 800,00 RM +103,68 RM
Regency FX 0.4076 0,00 kr 32 608,04 RM −88,28 RM
Wise 0.4087 365,51 kr 32 549,96 RM −146,36 RM
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4081 – 32 645,76 RM
Regency FX Cheapest 0.4070 0,00 kr 32 557,62 RM −88,14 RM
Wise 0.4081 365,51 kr 32 495,57 RM −150,19 RM
TapTap Send No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4101 – 32 809,92 RM
TapTap Send Cheapest 0.4100 0,00 kr 32 800,00 RM −9,92 RM
Wise 0.4101 365,51 kr 32 660,57 RM −149,35 RM
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4088 – 32 701,04 RM
TapTap Send Cheapest 0.4100 0,00 kr 32 800,00 RM +98,96 RM
Regency FX 0.4077 0,00 kr 32 612,75 RM −88,29 RM
Wise 0.4088 365,51 kr 32 557,05 RM −143,99 RM
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
TapTap Send Cheapest 0.4100 0,00 kr 32 800,00 RM –
Wise 0.4114 365,51 kr 32 760,83 RM –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4119 – 32 954,32 RM
Regency FX Cheapest 0.4108 0,00 kr 32 865,34 RM −88,98 RM
Wise 0.4121 365,51 kr 32 815,70 RM −138,62 RM
TapTap Send 0.4100 0,00 kr 32 800,00 RM −154,32 RM
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4119 – 32 954,32 RM
Regency FX Cheapest 0.4108 0,00 kr 32 865,34 RM −88,98 RM
Wise 0.4121 365,51 kr 32 815,70 RM −138,62 RM
TapTap Send 0.4100 0,00 kr 32 800,00 RM −154,32 RM
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4115 – 32 918,88 RM
Regency FX Cheapest 0.4104 0,00 kr 32 830,00 RM −88,88 RM
Wise 0.4115 365,51 kr 32 772,38 RM −146,50 RM
TapTap Send No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4125 – 32 996,64 RM
Regency FX Cheapest 0.4113 0,00 kr 32 907,55 RM −89,09 RM
Wise 0.4125 365,51 kr 32 850,26 RM −146,38 RM
TapTap Send 0.4100 0,00 kr 32 800,00 RM −196,64 RM
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4119 – 32 948,88 RM
MoneyGram Cheapest 0.4037 0,00 kr 32 296,00 RM −652,88 RM
TapTap Send No quote collected this day – – – –
Regency FX No quote collected this day – – – –
Wise No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4132 – 33 056,40 RM
Regency FX Cheapest 0.4121 0,00 kr 32 967,15 RM −89,25 RM
TapTap Send No quote collected this day – – – –
Wise No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4118 – 32 942,08 RM
Regency FX Cheapest 0.4107 0,00 kr 32 853,14 RM −88,94 RM
TapTap Send No quote collected this day – – – –
Wise No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
TapTap Send Cheapest 0.4100 0,00 kr 32 800,00 RM –
Wise 0.4114 365,51 kr 32 765,13 RM –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4113 – 32 906,88 RM
Regency FX Cheapest 0.4102 0,00 kr 32 818,03 RM −88,85 RM
Wise 0.4114 365,51 kr 32 765,13 RM −141,75 RM
TapTap Send No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4114 – 32 910,24 RM
Regency FX Cheapest 0.4103 0,00 kr 32 821,38 RM −88,86 RM
Wise 0.4114 365,51 kr 32 759,48 RM −150,76 RM
TapTap Send No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4100 – 32 799,36 RM
TapTap Send Cheapest 0.4100 0,00 kr 32 800,00 RM +0,64 RM
Regency FX 0.4089 0,00 kr 32 710,80 RM −88,56 RM
Wise 0.4101 365,51 kr 32 657,95 RM −141,41 RM
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4093 – 32 744,48 RM
TapTap Send Cheapest 0.4100 0,00 kr 32 800,00 RM +55,52 RM
Regency FX 0.4082 0,00 kr 32 656,07 RM −88,41 RM
Wise 0.4094 365,51 kr 32 600,13 RM −144,35 RM

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send 80 000 kr, after fees, as quoted by each company. The mid-market line shows what 80 000 kr 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 MYR per SEK than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

In the past month, a money transfer company beat the mid-market rate on 9 of the last 30 days.

Right now, TapTap Send pays 32,800 MYR on 80,000 SEK, which is 55.52 MYR more than the mid-market amount, so it's a good deal (pretty much free money).

Today's payout isn't the best this month though, since the highest receive amount was 32,967.15 MYR.

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.

If you need to send money now, it's a good time to send.

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 Malaysia.

We've tracked 94 comparisons to check how often today's top companies were the cheapest across 5 amounts over the past month.

  1. TapTap SendAppeared in 76 comparisons

    Cheapest in 68% of them

  2. Regency FXAppeared in 26 comparisons

    Cheapest in 62% of them

  3. WiseAppeared in 82 comparisons

    Cheapest in 12% of them

Based on 94 comparisons across 5 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 TapTap Send is the cheapest and gets you the most MYR, and it was also the cheapest in 68% of the 76 comparisons it appeared in over the past month.

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

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 32,600.13 MYR after a -0.02% markup on SEK/MYR exchange rate.

In our comparisons over the past month, it was the cheapest online service on 26 of the 27 days it quoted.

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.

Over the past month, TapTap Send was the cheapest app on 57% of the days it appeared for kr80,000 transfers.

Your 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 driver's 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.

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

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

    RM32,656

    -RM144

  5. 5
    Credit card Bank deposit

    You pay kr80,000.00

    RM32,256

    -RM544

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  1. 6
    Debit card Cash pickup

    You pay kr80,040.00

    RM32,152

    -RM648

  2. 7
    Bank transfer Mobile wallet

    You pay kr80,000.00

    RM32,152

    -RM648

  3. 8
    Bank transfer Cash pickup

    You pay kr80,040.00

    RM32,152

    -RM648

  4. 9
    Credit card Mobile wallet

    You pay kr80,000.00

    RM32,152

    -RM648

  5. 10
    Credit card Cash pickup

    You pay kr80,040.00

    RM32,152

    -RM648

  6. 11
    Debit card Card deposit

    You pay kr81,200.00

    RM31,672

    -RM1,128

  7. 12
    Credit card Card deposit

    You pay kr81,200.00

    RM31,672

    -RM1,128

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 MYR from Sweden.

Compare SEK to MYR transfer options

Cheapest way to send money to Malaysia

The cheapest option for an SEK 80,000 transfer is TapTap Send. Pay by debit card and choose bank deposit for the payout. Your recipient gets 32,800 MYR, which is 0.44% more than the next best option.

Fastest way to send money to Malaysia

With Revolut, a bank transfer deposit and bank deposit payout delivers 32,353.69 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.

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.

In the past 30 days alone, we analysed 94 comparisons across 5 amounts.

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