How to send money to Malaysia from UK with the best GBP-MYR rate
Compare ways to send money from United Kingdom to Malaysia. Find the cheapest, fastest, and most reliable providers with the best GBP to MYR exchange rates.
Read on for the best deals, expert information, and all you need to send money to Malaysia from United Kingdom.
Transferring the other way? Send MYR from Malaysia to United Kingdom instead.
"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."
"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."
"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."
"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."
"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."
"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."
"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."
"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."
"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."
"Sendwave is trusted by over 1 million users across the US, UK, Canada and EU. 24/7 support is available online and via the app."
"Sendwave is trusted by over 1 million users across the US, UK, Canada and EU. 24/7 support is available online and via the app."
"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."
"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"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."
"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."
"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."
"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."
Best recommended: Wise
Of the 10 money transfer providers tested and reviewed, Wise scored highly for its competitive rates and fees.
For example, sending 6,000 GBP to MYR will cost you £25.08 in fees, and you will receive 32,801.47 MYR.
Make your United Kingdom to Malaysia transfer using Wise for the best mix of cost and speed.
How to compare companies offering money transfers from United Kingdom to Malaysia
Always compare rates
Use our live comparison tool to make sure you aren't missing the best rates to send money from the United Kingdom to Malaysia. This ensures the best price.
Choose a provider
Select the company that offers you the best value & options for sending to Malaysia.
Click, sign up & send
Sign up & make your transfer. Your funds will soon be on their way from the United Kingdom to your chosen country & currency.
Summary of recent searches
Considerations for money transfers from United Kingdom to Malaysia
Comparing providers offering services between the United Kingdom and Malaysia, based on your specific needs is the best way to send money with confidence.
Our comparison includes 10 companies that provide the ability to send Pound Sterling to Malaysia.
This ensures you get the best options for transfers to Malaysia from the United Kingdom, based on the amount you want to send.
Cheapest way to send money to Malaysia from the United Kingdom: Panda Remit
Data collected through our comparison shows that Panda Remit is 0.06% cheaper than the second-best option.
The cost is made up of a fee of 4 GBP and an exchange rate for buying Malaysian Ringgit with Pound Sterling that is 0.3% different to the mid-market rate.
If you want to secure the best rates on a United Kingdom to Malaysia transfer, Panda Remit offers value. We would still recommend searching for the amount you want to send to Malaysia.
Fastest money transfers from United Kingdom to Malaysia: Wise.
Based on our recent data, transfer time for a £6,000 transfer to Malaysia with Wise is within minutes. This can vary by amount and method, but it is a good point of reference.
Sending money from the United Kingdom to Malaysia through Wise will cost you 25.08 GBP in fees & small markup.
Wise was one of 10 money transfer providers we compared for overall speed of sending money from the United Kingdom to Malaysia. This speed test included depositing Pound Sterlings 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 United Kingdom to Malaysia.
The best apps to send GBP to Malaysia from United Kingdom
Most money transfer companies have apps you can use to send money abroad.
We've compared and analyzed over 10 apps & companies for GBP/MYR transfers and these are the best apps we found. All these apps are available on iOS and Android for free.
App | Rating | Mobile wallet |
|---|---|---|
iOS: 4.8 / 2.6K reviews Android: 4.4 / 4.19K reviews | Yes (30+ currencies) | |
iOS: 4.9 / 2.3M reviews Android: 4.8 / 1.29M reviews | Yes (Remitly One) | |
iOS: 4.8 / 158K reviews Android: 4.8 / 1.52M reviews | Yes (40+ currencies) | |
iOS: 4.8 / 108.4K reviews Android: 4.8 / 346K reviews | No |
Need to send over £10,000 from the UK? TorFX is your best option
Opt for a service proven with large transfers when size matters. For transfers over £10,000, your best option is TorFX.
While TorFX may not always be the cheapest or fastest way to send GBP to Malaysia, they will keep you safe and relaxed while your money moves into MYR.
Understanding the costs involved when transferring money to Malaysia from United Kingdom
When calculating the cost of sending money from the United Kingdom to Malaysia, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current GBP-MYR mid-market rate is 5.4903 MYR per Pound Sterling. Finding a provider as close to this number as possible will ensure more Malaysian Ringgit for your money.
As a comparison, the GBP-MYR mid-market rate for the past week has averaged 5.4702 MYR per Pound Sterling, hitting a high of 5.4904 and a low of 5.4604.
Wise is currently offering the best exchange rate on transfers between the United Kingdom and Malaysia.
Often the GBP-MYR exchange rate you receive will be the biggest factor impacting the cost of sending Pound Sterling to Malaysia.
Fees: Transfer fees are charged on top of a transfer. Panda Remit currently offers lowest fees of 4 GBP. Although we recommend searching for your exact send amount for an exact fee.
Amount Received: The total amount received in Malaysian Ringgit is the biggest indicator in the total cost of sending money to the United Kingdom from Malaysia. The higher the total amount received in Malaysia, the lower the cost of sending from the United Kingdom.
Tracking the exchange rate for Pound Sterling to Malaysian Ringgit
Getting a better exchange rate between GBP and MYR can make a huge difference to the overall cost of sending money.
Over the last 7 days, between the United Kingdom and Malaysia, the average numbers are:
GBP to MYR saw an average 5.4702 MYR mid-market rate.
The highest point was 5.4904 MYR, while the lowest was 5.4604 MYR.
Wise, which is our recommended service to send money online from United Kingdom to Malaysia offers 5.4899 MYR per GBP which is only 0.01% above the mid-market rate.
Want to secure the best GBP-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 United Kingdom to Malaysia!
Payment options for transfers from United Kingdom to Malaysia
Bank transfers
Bank transfers are often the fastest and cheapest way to send money from the United Kingdom to Malaysia.
Using a money transfer company such as Panda Remit for payments from the United Kingdom 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.
Panda Remit is the best money transfer provider for bank transfers of the 10 we compared when sending GBP to Malaysia.
With a fee of 4 GBP to transfer money from the United Kingdom to Malaysia, Panda Remit offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money with a debit card from the United Kingdom to Malaysia is easy with Wise.
Wise is a leader in debit card money transfers from the United Kingdom to Malaysia. They are the best option of the 10 transfer companies compared.
Credit cards
When it comes to credit card transfers from the United Kingdom to Malaysia, we to get the best deal.
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 United Kingdom.
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 United Kingdom to Malaysia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to MYR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Related transfer routes
Send money from United Kingdom
Send money to Malaysia
How much money can be transferred from United Kingdom to Malaysia?
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Can I send money from United Kingdom to Malaysia with MoneyTransfers.com?
What are the typical transfer fees for sending Pound Sterlings to Malaysia through various providers?
How long does it take to send money from United Kingdom to Malaysia?
What is the best exchange rate I can get for sending money from United Kingdom to Malaysia?
Are there any minimum or maximum transfer amounts for sending money from United Kingdom to Malaysia?
Can I schedule regular transfers between United Kingdom and Malaysia?
Tools & resources
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