Overall, the best company for sending money from the UK to Malaysia is Wise. The fastest service tends to be Wise, while Regency FX was often the cheapest overall for conversions from British pounds to MYR.
Smarter international transfers. Destination: Malaysia
But which company should you choose?
Fast transfers at low costs, with the peace of mind that comes with UK-regulated companies.
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GBP to Malaysian Ringgit currency exchange rates
| GBP | MYR Price |
|---|---|
| 1 GBP | 5.47 |
| 50 GBP | 273.55 |
| 250 GBP | 1367.76 |
| 1000 GBP | 5471.03 |
| 20000 GBP | 109420.68 |
| MYR | GBP Price |
|---|---|
| 1 MYR | 0.18 |
| 50 MYR | 9.14 |
| 250 MYR | 45.70 |
| 1000 MYR | 182.78 |
| 20000 MYR | 3655.62 |
Insights on GBP transfers to Malaysia
Send British pounds to a local Malaysian Ringgit bank account in Malaysia.
Sign up with a provider that supports UK to Malaysia transfers
Fund your transfer using bank transfer or debit card to your chosen provider
Hit send! Your money will arrive in Malaysia, typically in 0-2 working days
Tips for transferring funds between the UK and Malaysia
Need to send MYR at speed?
Send early in the day, well before the weekend or bank holidays (don't forget to check dates in Malaysia as well as the UK)
Get your documents ready and your account verified
Use one of our 10 recommended money transfer companies that let you transfer to MYR in Malaysia
Think twice before sending directly with a bank
The true cost of converting GBP to Malaysian Ringgit
To get your total cost, you'll need to consider both transfer fees and the pound sterling to Malaysian Ringgit conversion markup.
Factoring in both these costs, my research showed that Revolut came in cheapest overall out of 10 transfer services I considered.
