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"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."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"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."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
Best recommended: Wise
Of the 8 money transfer providers tested and reviewed, Wise scored highly for its competitive rates and fees.
Wise appeared in 100% of Japan to Malaysia searches, and was the top rated company supporting JPY to MYR transfers.
Make your Japan to Malaysia transfer using Wise for the best mix of cost and speed.
How to send money from Japan to Malaysia
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you get the best rates on converting into Malaysian Ringgit from Japan.
- Choose a provider
Select the provider offering the best way to send to Malaysia based on your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your Malaysian Ringgit will soon be on their way to Malaysia.
Summary of recent searches
Considerations for money transfers from Japan to Malaysia
Comparing providers offering services between Japan and Malaysia, based on your specific needs is the best way to send money with confidence.
Our comparison includes 8 companies that provide the ability to send Yen to Malaysia.
This ensures you get the best options for transfers to Malaysia from Japan, based on the amount you want to send.
Cheapest way to transfer money to Malaysia from Japan: Revolut
Of the 8 providers compared, data shows that Revolut is 0.1% cheaper than the second-best option.
The is cost is made up of an average JPY-MYR exchange rate that is 0.11% different to the mid-market rate and an average fee of 0* JPY.
If you want to secure the best rates on a JPY to Malaysia transfer, Revolut will result in the most Malaysian Ringgit received.
*The most common fee applied to JPY-MYR by Revolut, based on data from the past six months.
Fastest money transfers from Japan to Malaysia: Wise.
Through our comparison, we found Wise to be the fastest option to transfer money from Japan to Malaysian Ringgit in 83.3% of instances.
Over the last six months, sending money from Japan to Malaysia through Wise have an average fee of 25,656 JPY.
Wise was one of 8 money transfer providers we compared for overall speed of sending money from Japan to Malaysia. This speed test included depositing Yens to an account and the average timeframe for sending money to Malaysia.
When fast transfers are a priority, Wise is our best choice for sending from Japan to Malaysia.
Send large sums of money
From the 8 options we compared, Wise offers the strongest all round option for large transfers to Malaysia from Japan.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Malaysian Ringgits to Malaysian Ringgit.
As such, we recommend Wise for large transfers between Malaysia and Japan.
Understanding the cost of transferring money from Japan to Malaysia
The total cost of money transfers from Japan to Malaysia is a combination of fees and exchange rates. Get the best of both, and you will be getting a good deal.
The Mid-Market and Exchange Rates: The mid-market rate for JPY-MYR is currently 0.0286 MYR per Yen. Providers offering services closer to this rate will ensure more Malaysian Ringgit for your Yens.
To give a historic average, over the last three months the JPY-MYR mid-market rate has been 0.0294 MYR per Yen, this has had a high of 0.0302 and a low of 0.0287.
From the 8 companies compared, Wise offers the best exchange rate on transfers to Malaysia and Japan.
Generally, the exchange rate you receive on converting JPY to MYR will be the biggest factor impacting the cost of sending Yens to Malaysia.
Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is Revolut at an average of 0 JPY per transfer over the last 6 months. In all cases, we recommend searching for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount eventually received in Malaysian Ringgit. Simply, the higher the amount received in Japan, the lower the cost of sending from Malaysia.
The best exchange rate for Yen to Malaysian Ringgit transfers
When sending money between JPY and MYR getting a good deal on an exchange rate is essential. The exchange rate you secure impacts how much MYR you get for your JPY.
Here's how the mid-market rate has performed recently, which will impact the overall cost of the exchange rate.
Over the past six months, the mid-market rate from JPY to MYR has been 0.0294.
During this period, there was a high of 0.0302, and 0.0287 being the lowest point.
Wise, which is our recommended service to send money online from Japan to Malaysia offers an exchange rate with a 0.02% markup against the mid-market rate.
Want to secure the best JPY-Malaysian Ringgit exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Japan to Malaysia!
Payment options for transfers from Japan to Malaysia
Bank transfers
Bank transfers are often the fastest and cheapest way to send money from Japan to Malaysia.
Using a money transfer company such as Revolut for payments from Japan to Malaysia, means you can send via a bank transfer and benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
Revolut is the best money transfer provider for bank transfers of the 8 we compared when sending JPY to Malaysia.
With an average fee of 0 JPY to transfer money from Japan to Malaysia, Revolut offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money with a debit card from Japan to Malaysia is easy with Wise.
Wise is a leader in debit card money transfers from Japan to Malaysia. They are the best option of the 8 transfer companies compared.
Credit cards
When it comes to credit card transfers from Japan to Malaysia, is the top choice of the 8 companies offering this service.
Fee alert: 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 Malaysia and Japan.
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 Japan to Malaysia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send JPY to MYR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
