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Convert GBP to MYR
GBP
MYR|Updated recentlyMid-market 5.4019Cheapest todayof 4 providers
Wise
Rate 5.3959 · Fee £20.87
You send
£1,000
Recipient gets
RM5,283
RM470 more than the most expensive provider · 0.11% markup vs mid-market
Affiliate link · No extra cost to you
Quick answer: The best GBP to MYR exchange rate in May 2026 is offered by Wise, delivering 5,283.31 MYR on a 1,000 GBP transfer with a fee of £20.87. According to SendMoneyCompare's comparison of 4 providers updated every 6 hours, the difference between the cheapest and most expensive provider on this corridor is 473 MYR.
What is the cheapest way to send GBP to MYR?
Sending £1,000 from GBP to MYR. Sorted by best value — most money received.
Source: SendMoneyCompare · Data updated every 6 hours from live provider APIs
#ProviderRateFeeRecipient gets
Rate 5.3959·Fee £20.87·0.11% markup
Rate 5.3597·Fee £33.88·0.78% markup
Rate 5.3360·Fee £55.86·1.22% markup
Potential savings: Choosing the best provider over the most expensive saves your recipient RM472.75 on a £1,000 transfer.
Some links on this page are affiliate links. We may earn a commission at no extra cost to you. This does not affect our rankings, which are based on real transfer data. Editorial policy
Looking for the best GBP to MYR exchange rate? Compare real-time rates, fees, and delivery times from 15+ money transfer providers to find the cheapest way to convert British Pound to Malaysian Ringgit.
The GBP/MYR exchange rate fluctuates throughout the day. Specialist money transfer providers typically offer rates 1–4% better than banks, which can mean significant savings on every transfer. Our comparison shows you the exact MYR amount you'll receive from each provider after all fees and exchange rate markups.
Which provider offers the best GBP to MYR rate?
Wise
4.7Exchange rate
5.3959
Fee
£20.87
Recipient gets
RM5,283.31
Speed
Instant to 2 days
Which provider is best for each transfer type?
Different providers excel at different things. Here's who's best for each use case on the GBP to MYR route.
Cheapest transfer
Wise
Delivers the most MYR for your money
Fastest transfer
Wise
Delivers in Instant to 2 days
Cash pickup
Remitly
Widest cash pickup network
Bank transfer
Wise
Best rate for bank deposit to MYR
Transfer examples: GBP to MYR
See how much your recipient would get for common transfer amounts.
Send £500
ProviderFeeReceives
Wise
5.40 · Instant to 2 days
XE
5.36 · 1-4 business days
OFX
5.34 · 1-3 business days
Remitly
5.30 · Minutes to 3-5 days
ProviderFeeRateReceivesSpeed
Wise£20.875.40RM2,585Instant to 2 days
XE£33.885.36RM2,4981-4 business days
OFX£55.865.34RM2,3701-3 business days
Remitly£92.035.30RM2,161Minutes to 3-5 days
Send £1,000
ProviderFeeReceives
Wise
5.40 · Instant to 2 days
XE
5.36 · 1-4 business days
OFX
5.34 · 1-3 business days
Remitly
5.30 · Minutes to 3-5 days
ProviderFeeRateReceivesSpeed
Wise£20.875.40RM5,283Instant to 2 days
XE£33.885.36RM5,1781-4 business days
OFX£55.865.34RM5,0381-3 business days
Remitly£92.035.30RM4,811Minutes to 3-5 days
Send £5,000
ProviderFeeReceives
Wise
5.40 · Instant to 2 days
XE
5.36 · 1-4 business days
OFX
5.34 · 1-3 business days
Remitly
5.30 · Minutes to 3-5 days
ProviderFeeRateReceivesSpeed
Wise£20.875.40RM26,867Instant to 2 days
XE£33.885.36RM26,6171-4 business days
OFX£55.865.34RM26,3821-3 business days
Remitly£92.035.30RM26,003Minutes to 3-5 days
How much does it cost to convert GBP to MYR?
Fees for GBP to MYR transfers vary by provider — from free to £5–10 with specialist services. Banks typically charge £25–50 per wire plus a 2–5% exchange rate markup. The bigger cost factor is usually the exchange rate markup, not the fee. Always compare the total MYR received.
Understanding the total cost
The true cost of a money transfer has two components:
Transfer fee
The upfront charge — typically £0–£10 with specialist providers.
Exchange rate markup
The hidden cost — the difference between the provider's rate and the mid-market rate (5.4019).
How long does a GBP to MYR transfer take?
Delivery times for GBP to MYR transfers range from minutes (with express options) to 3–5 business days for standard bank wires. Most specialist providers deliver within 1–2 business days.
FastExpress delivery
- WiseInstant to 2 days
- RemitlyMinutes to 3-5 days
Standard delivery
- XE1-4 business days
- OFX1-3 business days
Common questions about sending money from GBP to MYR
What is the best GBP to MYR exchange rate today?
Exchange rates change constantly. Use our comparison table above to see real-time GBP to MYR rates from every provider. The mid-market rate is shown for reference — look for providers offering rates closest to it.
What is the cheapest way to convert GBP to MYR?
Specialist transfer providers like Wise, Remitly, and OFX typically offer the best total value. Compare the total MYR received (after fees and rate markup) rather than just the fee or rate alone.
How long does a GBP to MYR transfer take?
Transfer speeds vary by provider: some deliver within minutes, while standard bank wires take 2–5 business days. Express options are available from most specialist providers for a small additional fee.
Is it cheaper to use a bank or a specialist provider for GBP to MYR?
Specialist providers are almost always cheaper. Banks typically charge £25–50 per transfer plus a 2–5% exchange rate markup. Specialist providers like Wise, Revolut, and Remitly charge £0–10 with markups under 1%, saving you significantly on every transfer.
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