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How to send money to Japan from Malaysia with the best MYR-JPY rate

Compare the best ways to send money from Malaysia to Japan. Explore the fastest, cheapest, and most reliable providers with the best MYR to JPY exchange rates.

Read on for the best deals, expert information, and all you need to send money to Japan from Malaysia.

Transferring the other way? Send JPY from Japan to Malaysia instead.
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July 6th, 2025
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Best money transfer companies

Send money from Malaysia to Japan

Last updated: Today
Mid-market rate as of 07/06/2025: 1 MYR = 34.224997 JPY
Results below are based on a 31525 MYR search
0 of 2 providers
Sponsored
Wise
Recipient gets (JPY)
¥1,072,168.00
Full transfer details
Visit Wise
¥25,593 better than a typical bank*

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
Xe
Recipient gets (JPY)
¥1,070,295.82
Full transfer details
Visit Xe
¥23,721 better than a typical bank*

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
Live Rates
Sort by:
1
Wise
Recipient gets (JPY)
¥1,072,168.00
Full transfer details
Visit Wise
¥25,593 better than a typical bank*

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
2
Xe
Recipient gets (JPY)
¥1,070,295.82
Full transfer details
Visit Xe
¥23,721 better than a typical bank*

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
Mid-market rate updates every 60 minutes
Sponsored
Wise
Recipient gets (JPY)
¥1,072,168.00
Full transfer details
Visit Wise
¥25,593 better than a typical bank*

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
Xe
Recipient gets (JPY)
¥1,070,295.82
Full transfer details
Visit Xe
¥23,721 better than a typical bank*

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions

Best way to send: Wise

Wise is our top pick for sending MYR to JPY.

We tested & reviewed 2 money transfer companies offering services between Malaysia and Japan, and Wise scored highly.

For example, sending 31,525 MYR to JPY will cost you RM218.8 in fees, and you will receive 1,072,168 JPY. The delivery time is next day, but it depends on the day you make the transfer.

So for a great mix of cost, speed & features, make your Malaysia to Japan transfer using Wise.

Wise is the top rated company for sending money from Malaysia (MYR) to Japan (JPY) - Wise Screenshot

How to compare deals on your Malaysia to Japan transfer

Summary of recent searches

Top rated for transfers from Malaysia to Japan
Wise
Total number of MY - JP providers
2
Average cheapest fees & rate
Wise
Average fastest transfer
Xe
Average transfer time
Within minutes
Best for bank transfers
Wise

Understanding Malaysia to Japan money transfers

1
Comparing providers

Comparing providers when sending money from Malaysia to Japan is the easiest way to make a transfer at the best price.

We’ve compared 2 providers for sending Malaysian Ringgit to Japan. This ensures you will get the best options for your transfer to Japan from Malaysia.

We rate Wise as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Malaysia to Japan.

2
Get ahead of the Malaysian Ringgit-Yen exchange rate
3
Choosing the right payment method
4
Financial regulators in Malaysia and Japan
5
Consider transfer limits
6
Receiving money in Japan
7
Have your ID ready
8
Tax declarations

Cheapest way to transfer money to Japan from Malaysia: Wise

Wise offers the lowest cost transfers of the 2 providers we compared.

Our data shows that Wise is 0.17% cheaper than the second-best option.

Wise offers this through a combination of the 218.8 MYR fee per transfer and exchange rate between MYR-JPY that is -0.07% different to the mid-market rate

If you want the cheapest way to send Malaysian Ringgit to Japan, Wise is our recommended choice.

Wise is the cheapest way to send money from Malaysia (MYR) to Japan (JPY) - Wise Screenshot

Fastest way to transfer money to Japan from Malaysia: Xe.

We tested 2 companies offering transfers from Malaysia to Japan and Xe offered the quickest option.

For example, if you send RM31,525 with Xe to Japan now, the transfer time is minutes - 24 hours.

This can vary depending on your needs, smaller transfers to Japan are likely to arrive quicker.

When using Xe to send money from Malaysia to Japan you can expect a fee of 0 MYR. Although we would recommend comparing the amount you want to send.

When testing the 'fastest' options we compared 2 money transfer providers. To test overall speed of sending money from Malaysia to Japan we included the timeframe for depositing Malaysian Ringgit to a money transfer account and average transfer times to Japan.

When sending money to Japan from Malaysia quickly is a priority, Xe is our recommended choice.

Xe is the fastest way to send money from Malaysia (MYR) to Japan (JPY) - Xe Screenshot 1
Xe is the fastest way to send money from Malaysia (MYR) to Japan (JPY) - Xe Screenshot 2
Xe is the fastest way to send money from Malaysia (MYR) to Japan (JPY) - Xe Screenshot 3

Sending large sums of money?

For transferring a bigger sum of money to Japan from Malaysia, we’d recommend using a provider that can offer a hands-on approach.

Of the
2 companies tested, Wise is the best rated for larger transfer amounts.

Whether for a property purchase, or as a gift, sending large amounts of money to Japan from Malaysia can be expensive.

Wise is our choice for big transfers to MYR because of all round price, speed and management when making large transfers.

Understanding the cost of moving money from Malaysia to Japan

The total cost of sending money to Japan from Malaysia, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.

The Mid-Market and Exchange Rates: Currently, the mid-market for MYR-JPY is 34.2243 JPY per Malaysian Ringgit.

  • Finding a company offering an exchange rate closer to this will mean more Yen for your Malaysian Ringgit.

  • The average MYR-JPY mid-market rate for the last 7 days has been 34.1587 JPY per Malaysian Ringgit. This includes a high of 34.2464, and low of 34.0769.

  • Out of the 2 companies compared, Wise offers the best exchange rates.

  • The exchange rate you receive on converting MYR to JPY should be the biggest determining cost factor when transferring Malaysian Ringgit to Japan.

Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Wise has a fee of 218.8 MYR per transfer (which is the cheapest option right now for a RM31,525 transfer).

Although you should search for your send amount for actual fees.

Amount Received: Money transfer companies will show you the amount of Yen eventually received in Japan.

A lower cost of sending from Malaysia will result in more money received in Japan.

Getting the best exchange rate for Malaysian Ringgit to Yen

Tracking the mid-market rate can make a huge difference when sending money MYR to JPY. The exchange rate you secure impacts how much JPY you get for your MYR.

Mid-market Rate
1 
=
34.224332 
JPY

Here's some data on recent trends in the mid-market rate.

  • Over the past 7 days, the interbank rate from MYR to JPY has seen some fluctuation. On average, it has been 34.1587.

  • During this period, the highest value level was 34.2464, with a low of 34.0769.

  • Wise, which is our recommended service to send money online from Malaysia to Japan offers an exchange rate that is only -0.07% above the mid-market rate.

Want to secure the best MYR-Yen exchange rates?

Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Malaysia to Japan!

Paying for your Malaysia to
Japan money transfer

  • Bank transfers

    A bank transfer is often the default option for money transfers from Malaysia to Japan.

    By using a money transfer company such as Wise to send money from Malaysia to Japan, you can while benefit from lower fees and more favorable exchange rates than a bank would offer. 


    On average, Wise is the cheapest money transfer provider for bank transfers from the 2 we tested when sending MYR to Japan.

    With a fee of MYR218.8 to send money from Malaysia to Japan, Wise offers a great combination of competitive exchange rates and lower fees.


  • Debit and prepaid cards

    Sending money from Malaysia to Japan with a prepaid or debit card is very easy with .


    is a great choice for sending money with a debit card from Malaysia to Japan. This is from the 2 money transfer companies compared.

  • Credit cards

    When it comes to credit card money transfers from Malaysia to Japan there aren't that many options, mainly because it's more expensive.

    If you have to, we recommend running a quick comparison to get the best deal on JPY

    Be careful of fees: using a credit card to transfer money internationally often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.

How we analyze the market

We track the cost, speed, and product offerings of the leading money transfer services available between Japan and Malaysia.


Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.

We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.

This thorough analysis helps you get the best available deal - every time you want to move money from Malaysia to Japan.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send MYR to JPY.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

Money transfer company reviews

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How long does it take to send money from Malaysia to Japan?
What is the best exchange rate I can get for sending money from Malaysia to Japan?
Are there any minimum or maximum transfer amounts for sending money from Malaysia to Japan?
Can I schedule regular transfers between Malaysia and Japan?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.
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