How to send money to the US from Malaysia with the best MYR-USD rate
Get the best deals when you transfer from Malaysia to United States. Find the cheapest, fastest, and most reliable providers with the best MYR to USD exchange rates.
Read on for the best deals, expert information, and all you need to send money to United States from Malaysia.
Transferring the other way? Send USD from United States to Malaysia 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."
"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."
"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."
"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."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
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Best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Transferring 31,525 MYR to USD will cost you RM204.49 in fees, and you will receive 7,624.26 USD. The delivery time is same day, but it depends on the day you make the transfer.
So for a great blend of cost, speed & features, make your Malaysia to the United States transfer using Wise.
How to to send from Malaysia to United States in the best way
Always compare rates
Money transfers to United States should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Malaysia to the United States.
Choose a provider
Select the provider that offers you the best value on your Malaysian Ringgit & service for your needs.
Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to the United States.
Summary of recent searches
Get the most from sending money from Malaysia to United States
Comparing providers offering services between Malaysia and the United States based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire MYR-USD market and have compared 3 providers offering services between Malaysia and the United States.
This ensures you will get the most comprehensive options for sending Malaysian Ringgit to the United States.
Whilst we rate Wise as the best overall for transfers between the two countries, comparing gives you the best idea for your specific Malaysia to the United States transfer needs.
Cheapest way to transfer money to the United States from Malaysia: Wise
Our data shows that Wise is 0.1% cheaper than the second-best option.
Wise offers this through a combination of the 204.49 MYR fee per transfer and exchange rate between MYR-USD that is 0.01% different to the mid-market rate
If you want the cheapest way to send Malaysian Ringgit to the United States, Wise is our recommended choice.
Fastest money transfers to the United States from Malaysia: Wise.
With Wise , the transfer time to US is same day, with a 204.49 MYR transfer fee (based on RM31,525 transfer)
When testing the fastest options, we compared the 3 money transfer providers offering Malaysia to the United States transfers for overall speed. This included transfer times to after depositing Malaysian Ringgit to a money transfer account.
When you want the fastest way to send, Wise is our recommended choice for Malaysia to the United States transfers.
The best apps to send MYR to United States from Malaysia
Most money transfer companies have apps you can use to send money abroad.
We've compared and analyzed over 3 apps & companies for MYR/USD 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 / 158K reviews Android: 4.8 / 1.52M reviews | Yes (40+ currencies) | |
iOS: 4.7 / 99.8K reviews Android: 4.7 / 229K reviews | No | |
iOS: 4.8 / 108.4K reviews Android: 4.8 / 346K reviews | No |
Sending large sums of money?
Of the 3 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 United States 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 money transfers from Malaysia to United States
The total cost of sending money to United States from Malaysia is made up of a combination of mid-market, exchange rates and fees.
The Mid-Market and Exchange Rates: The current mid-market for MYR-USD is 0.2438 USD per Malaysian Ringgit.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more US Dollar for your Malaysian Ringgits.
Over the last 7 days, the average MYR-USD mid-market rate has seen each Malaysian Ringgit worth 0.2431 USD. Within this we see a high of 0.2434, and a low of 0.2427.
Of the 3 companies compared, Wise offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting MYR to USD.
Fees: When sending money you may have to pay fees. Wise costs 204.49 MYR per transfer at the moment, which is the cheapest option of the 3 providers compared. We would recommend searching to ensure you get the correct fee for your transfer amount.
Amount Received: When comparing providers, the best measure is the amount of US Dollar eventually received in the United States.
This number should be a guide for your decision if cost is important. A higher amount of money received in the United States means a better overall cost of sending money from Malaysia.
Getting the best exchange rate for Malaysian Ringgit to US Dollar
Tracking the mid-market rate can make a huge difference when sending money MYR to USD. The exchange rate you secure impacts how much USD you get for your MYR.
Here's some data on recent trends in the mid-market rate.
Over the past 7 days, the interbank rate from MYR to USD has seen some fluctuation. On average, it has been 0.2431.
During this period, the highest value level was 0.2434, with a low of 0.2427.
Wise, which is our recommended service to send money online from Malaysia to United States offers an exchange rate that is only 0.01% above the mid-market rate.
Want to secure the best MYR-US Dollar exchange rates?
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Paying for your Malaysia to United States transfer
Bank transfers
Paying via a bank transfer is often the better option for sending money from Malaysia to the United States.
By using a money transfer company such as Wise for transfers from Malaysia to the United States, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Wise is the cheapest provider for bank transfers from the 3 we tested when sending MYR to the United States.
With a fee of 204.49 MYR to send money from Malaysia to the United States, Wise offers the best combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Malaysia to the United States with a debit or a prepaid card is easy with .
is a one of the better options in the market for international debit card transfers from Malaysia to the United States.
Credit cards
Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone.
We recommend using a bank transfer or a debit card transfer if you can; otherwise, .
Be aware of fees: using a credit card to transfer money can mean being charged for a cash advance by your card provider. We always recommend a bank transfer or debit card payment if it is a possibility.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between United States 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 United States.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send MYR to USD.
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 Malaysia
Send money to United States
How much money can be transferred from Malaysia to United States?
Are there any tax implications to sending money from Malaysia to United States?
Can I send money from Malaysia to United States with MoneyTransfers.com?
What are the typical transfer fees for sending Malaysian Ringgits to United States through various providers?
How long does it take to send money from Malaysia to United States?
What is the best exchange rate I can get for sending money from Malaysia to United States?
Are there any minimum or maximum transfer amounts for sending money from Malaysia to United States?
Can I schedule regular transfers between Malaysia and United States?
Tools & resources
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