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Send money from Germany to Malaysia(EUR → MYR)
EUR
MYR|Pricing observed Mid-market 4.7215Top-ranked estimateof 9 providers
TapTap Send
Rate 4.6998 · Fee free
You send
€1,000
Estimated receipt
RM4,700
RM460 more than the lowest estimate · 0.46% markup vs mid-market
Affiliate link · No extra cost to you
Quick answer: For 1,000 EUR to MYR, TapTap Send ranks first among 9 provider estimates, with an estimated payout of 4,699.76 MYR. The first-ranked estimate pays 464.6 MYR more than the lowest estimate in this comparison.
Latest pricing observation: . Payouts are estimated from collected fees and markups with a mid-market reference. Collection schedules vary by source. Quotes are collected by currency pair, so we cannot confirm that every provider serves Germany specifically — check availability, funding method and delivery method with the provider before you commit. How we collect and rank quotes.
What is the cheapest way to send EUR to MYR?
Sending €1,000 from Germany to Malaysia. Ranked by estimated payout, with customer ratings used for closely matched results.
Source: SendMoneyCompare · Estimated payouts from collected pricing and mid-market rates
#ProviderRateFeeRecipient getsSend
Rate 4.6998·Fee Free·0.46% markup
Best rate 122 of 122 days
↑ 2.2% over 122dAvg: 4.65 MYR (+1.1% vs avg)Range: 4.56–4.73
1
TapTap SendBest value
Under 3 minutes (95% of transfers)0.46% markup
Best rate 122 of 122 days
↑ 2.2% over 122dAvg: 4.65 MYR (+1.1% vs avg)Range: 4.56–4.73
4.6998
Free
RM4,699.76
Send
Rate 4.6889·Fee €6.90·0.69% markup
Rate 4.5860·Fee €28.70·2.87% markup
Rate 4.5751·Fee €31.00·3.10% markup
7
BNP Paribas
1-3 business days
RM4,433.29
recipient gets
Rate 4.5751·Fee €31.00·3.10% markup
Rate 4.4717·Fee €52.90·5.29% markup
Rate 4.6837·Fee Free·0.80% markup
Estimated payout difference: The first-ranked provider pays more than the lowest estimate by RM464.60 on a €1,000 transfer.
Some links on this page are affiliate links — we may earn a commission at no extra cost to you. Rankings come from live transfer data and are ordered by what your recipient receives. Whether a provider pays us plays no part in that order. Where payouts land within 0.1% of each other — less than rates typically move between our updates — the higher-rated provider is listed first. Editorial policy
Compare the cheapest ways to send money from Germany to Malaysia. We compare fees, exchange rates, and transfer speeds from 15+ providers so you get the most MYR for your €.
German expats and immigrants regularly send money to Malaysia. The cost difference between providers can be significant — banks typically charge 3–5% in hidden exchange rate markups, while specialist services like Wise, Remitly, and WorldRemit offer rates much closer to the mid-market rate. Our comparison shows the total MYR received from each provider after all fees and markups.
Which provider offers the best EUR to MYR rate?
TapTap Send
4.7Exchange rate
4.6998
Fee
Free
Recipient gets
RM4,699.76
Speed
Under 3 minutes (95% of transfers)
Also available · Digital-asset rails
Crypto & stablecoin routes for EUR → MYR
For a tech-comfortable sender, stablecoin rails can beat every bank and app. These aren't one-tap services — each is a fiat on-ramp → blockchain → local cash-out. Here's the all-in cost and how each works.
HataBitcoin · LightningBeats mid-market
Kraken → Lightning Network (BTC) → Hata (BTC) · ~1 second
4,732 MYR
0.24% rebate all-in
+
HataBitcoin · LightningBeats mid-market
Kraken → Lightning Network (BTC) → Hata (BTC) · ~1 second
4,732 MYR
0.24% rebate all-in
- 1Kraken EUR→BTC: 0.26%
- 2Lightning Network network: 0.000001 BTC
- 3Hata (BTC): 0.09% spread
- 41 MYR withdrawal fee
Also routable via Lightning Network (BTC), XRP Ledger (XRP), Stellar (XLM) (XLM).
Source: Hata Public Orderbook API
Crypto rails involve exchange accounts, wallets, and price/liquidity risk. Costs are estimates from live exchange and network data, refreshed every 6 hours. Not financial advice.
Guides, fees & how it works
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 Germany to Malaysia route.
Cheapest transfer
TapTap Send
Delivers the most MYR for your money
Fastest transfer
TapTap Send
Delivers in Under 3 minutes (95% of transfers)
Cash pickup
Remitly
Widest cash pickup network
Bank transfer
TapTap Send
Best rate for bank deposit to Malaysia
How to send money to Malaysia
Sending money to Malaysiais straightforward with the right provider. Here's how it works in 3 simple steps.
Step 1
Enter your transfer details
Choose how much EUR you want to send, compare providers above, and pick the one offering the best MYR amount for your transfer to Malaysia.
Step 2
Add your recipient
Enter your recipient's details in Malaysia — you'll need their bank account number. Complete the provider’s verification before expecting delivery.
Step 3
Send & track your transfer
Choose an available funding method, confirm the final payout and arrival estimate, then keep your tracking reference.
What you need to send money to Malaysia
Make sure you have these details from your recipient before starting your transfer.
Full name
Recipient's full name as registered with their Malaysian bank account (must match IC/passport)
Bank account number
Malaysian bank account number (typically 10–16 digits depending on the bank)
Example: 1234567890123456
Bank name
Name of the recipient's bank (e.g. Maybank, CIMB, Public Bank)
SWIFT/BIC code
SWIFT code for international wire transfers
Note: Malaysia does not use the IBAN system. Bank account numbers vary in length by bank — Maybank uses 12 digits, CIMB uses 14 digits, and Public Bank uses 10 digits. Malaysia's DuitNow system allows transfers using IC number, mobile number, or business registration number.
Transfer examples: EUR to MYR
See how much your recipient would get for common transfer amounts.
Send €500
ProviderFeeReceives
TapTap Send
4.70 · Under 3 minutes (95% of transfers)
Wise
4.70 · 1-2 business days
InstaReM
4.69 · 1-3 business days
Remitly
4.63 · Minutes
Skrill
4.59 · Instant to 3 business days
WorldRemit
4.58 · 1-2 business days
ProviderFeeRateReceivesSpeed
TapTap SendFree4.70RM2,350Under 3 minutes (95% of transfers)
Wise€2.754.70RM2,3351-2 business days
InstaReM€3.454.69RM2,3281-3 business days
Remitly€10.204.63RM2,265Minutes
Skrill€14.354.59RM2,227Instant to 3 business days
WorldRemit€15.504.58RM2,2171-2 business days
Send €1,000
ProviderFeeReceives
TapTap Send
4.70 · Under 3 minutes (95% of transfers)
Wise
4.70 · 1-2 business days
InstaReM
4.69 · 1-3 business days
Remitly
4.63 · Minutes
Skrill
4.59 · Instant to 3 business days
WorldRemit
4.58 · 1-2 business days
ProviderFeeRateReceivesSpeed
TapTap SendFree4.70RM4,700Under 3 minutes (95% of transfers)
Wise€5.504.70RM4,6701-2 business days
InstaReM€6.904.69RM4,6571-3 business days
Remitly€20.404.63RM4,531Minutes
Skrill€28.704.59RM4,454Instant to 3 business days
WorldRemit€31.004.58RM4,4331-2 business days
Send €5,000
ProviderFeeReceives
TapTap Send
4.70 · Under 3 minutes (95% of transfers)
Wise
4.70 · 1-2 business days
InstaReM
4.69 · 1-3 business days
Remitly
4.63 · Minutes
Skrill
4.59 · Instant to 3 business days
WorldRemit
4.58 · 1-2 business days
ProviderFeeRateReceivesSpeed
TapTap SendFree4.70RM23,499Under 3 minutes (95% of transfers)
Wise€27.504.70RM23,3481-2 business days
InstaReM€34.504.69RM23,2831-3 business days
Remitly€102.004.63RM22,654Minutes
Skrill€143.504.59RM22,272Instant to 3 business days
WorldRemit€155.004.58RM22,1661-2 business days
How much does it cost to send money from Germany to Malaysia?
Transfer fees from Germany to Malaysia vary by provider. Specialist services charge €0–10 per transfer, while banks charge €25–50 plus a 2–5% exchange rate markup. The exchange rate markup is usually the bigger cost — always compare the total MYR your recipient receives, not just the advertised fee.
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 (4.7215).
Ways to send money to Malaysia
Choose how you want to pay for your transfer. Each payment method has different costs and speeds.
Bank deposit is the dominant method in Malaysia, which has a highly developed banking system. DuitNow (Malaysia's real-time payment platform) is modernizing transfers. E-wallets like GrabPay and Touch 'n Go are popular for smaller amounts.
Debit Card
Medium costSpeed: Minutes to hours
Fast and convenient — small card processing fee applies
Bank Transfer
Low costSpeed: 1–3 business days
Usually the cheapest option — lowest fees and no card processing charges
Google Pay
Medium costSpeed: Minutes to hours
Convenient mobile payment — linked card fees apply
Apple Pay
Medium costSpeed: Minutes to hours
Convenient mobile payment — linked card fees apply
Credit Card
Higher costSpeed: Minutes to hours
Fastest option but highest fees — card issuer may charge cash advance fee
Cash
Medium costSpeed: Varies
Pay cash at an agent location — available at select providers
How can my recipient receive money in Malaysia?
Check these receiving options with the provider. Availability depends on the sending country, recipient and transfer conditions.
Bank Deposit
1–2 business days
Direct transfer to any Malaysian bank account. The standard and most popular method.
WiseRemitlyWorldRemitWestern Union+1 more
GrabPay Wallet
Minutes
Transfer to GrabPay e-wallet — Grab's popular Southeast Asian payment platform.
Remitly
Touch 'n Go eWallet
Minutes
Transfer to TNG eWallet — Malaysia's widely used contactless payment platform.
Remitly
Cash Pickup
Minutes
Collect cash from agent locations and post offices across Malaysia.
Western UnionMoneyGramRia Money Transfer
What are the transfer limits and regulations for Malaysia?
Important rules and requirements to know before sending money to Malaysia.
Regulatory body
Bank Negara Malaysia (BNM)
Inbound transfer limits
No cap on incoming remittances for personal transfers
Documentation you may need
- Sender's government-issued photo ID
- Recipient's MyKad (IC) or passport number may be needed
- Purpose of payment for transfers exceeding MYR 50,000
Important things to know
- Bank Negara Malaysia regulates all money service businesses and cross-border payments.
- Malaysia is both a major sender and receiver of remittances due to its large foreign worker population.
- The ringgit (MYR) is a managed float currency — BNM intervenes to prevent excessive volatility.
- DuitNow enables instant domestic transfers and is being expanded for cross-border ASEAN payments.
How long does it take to send money to Malaysia?
Most transfers from Germany to Malaysia arrive within 1–2 business days with specialist providers. Bank wires take 3–5 business days. Some providers offer instant or same-day delivery to Malaysia for a small premium.
Delivery times shown here are published by the providers and payment schemes. We do not measure when transfers actually arrive, so treat them as estimates and confirm the time with your provider before you send.
FastExpress delivery
- TapTap SendUnder 3 minutes (95% of transfers)
- RemitlyMinutes
- SkrillInstant to 3 business days
Standard delivery
- Wise1-2 business days
- InstaReM1-3 business days
- WorldRemit1-2 business days
- BNP Paribas1-3 business days
- OFX1-3 business days
Popular banks in Malaysia
These are the most commonly used banks for receiving international transfers in Malaysia.
BankSWIFT/BICNotes
Maybank
MABORJM1XXX
CIMB Bank
CIABORMYK1XXX
Public Bank Berhad
PABORJMKXXX
RHB Bank
RHABORJM1XXX
Hong Leong Bank
HLABORMYKXXX
AmBank
AMABORJMXXX
67/ 100
Only one provider here
SendScoreToday's best rate is +0.28% vs the 30-day average, 73% of the way up the 90-day range. Rates are improving — +0.84% week on week. Only one provider quotes this corridor, so this is a single-provider reading rather than a comparison.
- 40%Position in the 90-day range — 73% of the way up the 90-day range
- 25%Versus the 30-day average — +0.28% vs the 30-day average
- 15%This week versus last — improving — +0.84% week on week
Measured from 122 days of our own recorded provider rates for EUR→MYR
EUR to MYR Exchange Rate History
Daily best exchange rates from top providers over the last 122 days. Rates shown are for sending $100.
| Date | TapTap Send | __mid Market__ |
|---|---|---|
| Trend | ||
| Sep 12 | 4.7000✓ | 4.7000✓ |
| Sep 11 | 4.7000✓ | 4.7000✓ |
| Sep 10 | 4.7000✓ | 4.7000✓ |
| Sep 9 | 4.7200✓ | 4.7200✓ |
| Sep 8 | 4.7000✓ | 4.7000✓ |
| Sep 7 | 4.6800✓ | 4.6800✓ |
| Sep 6 | 4.6800✓ | 4.6800✓ |
| Sep 5 | 4.6800✓ | 4.6800✓ |
| Sep 4 | 4.6700✓ | 4.6700✓ |
| Sep 3 | 4.6600✓ | 4.6600✓ |
| Sep 2 | 4.6700✓ | 4.6700✓ |
| Sep 1 | 4.6500✓ | 4.6500✓ |
| Aug 31 | 4.6500✓ | 4.6500✓ |
| Aug 30 | 4.6400✓ | 4.6400✓ |
| Aug 29 | 4.6500✓ | 4.6500✓ |
| Aug 28 | 4.6800✓ | 4.6800✓ |
| Aug 27 | 4.6700✓ | 4.6700✓ |
| Aug 26 | 4.6900✓ | 4.6900✓ |
| Aug 25 | 4.7000✓ | 4.7000✓ |
| Aug 24 | 4.7000✓ | 4.7000✓ |
| Aug 23 | 4.7000✓ | 4.7000✓ |
| Aug 22 | 4.7000✓ | 4.7000✓ |
| Aug 21 | 4.7100✓ | 4.7100✓ |
| Aug 20 | 4.7000✓ | 4.7000✓ |
| Aug 19 | 4.6800✓ | 4.6800✓ |
| Aug 18 | 4.6900✓ | 4.6900✓ |
| Aug 17 | 4.7100✓ | 4.7100✓ |
| Aug 16 | 4.7100✓ | 4.7100✓ |
| Aug 15 | 4.7100✓ | 4.7100✓ |
| Aug 14 | 4.7000✓ | 4.7000✓ |
| Aug 13 | 4.6900✓ | 4.6900✓ |
| Aug 12 | 4.6300✓ | 4.6300✓ |
| Aug 11 | 4.6300✓ | 4.6300✓ |
| Aug 10 | 4.6300✓ | 4.6300✓ |
| Aug 9 | 4.6300✓ | 4.6300✓ |
| Aug 8 | 4.6300✓ | 4.6300✓ |
| Aug 7 | 4.6300✓ | 4.6300✓ |
| Aug 6 | 4.6300✓ | 4.6300✓ |
| Aug 5 | 4.6300✓ | 4.6300✓ |
| Aug 4 | 4.6300✓ | 4.6300✓ |
| Aug 3 | 4.6300✓ | 4.6300✓ |
| Aug 2 | 4.6300✓ | 4.6300✓ |
| Aug 1 | 4.6300✓ | 4.6300✓ |
| Jul 31 | 4.6300✓ | 4.6300✓ |
| Jul 30 | 4.6300✓ | 4.6300✓ |
| Jul 29 | 4.6300✓ | 4.6300✓ |
| Jul 28 | 4.6300✓ | 4.6300✓ |
| Jul 27 | 4.6300✓ | 4.6300✓ |
| Jul 26 | 4.6300✓ | 4.6300✓ |
| Jul 25 | 4.6300✓ | 4.6300✓ |
| Jul 24 | 4.6300✓ | 4.6300✓ |
| Jul 23 | 4.6300✓ | 4.6300✓ |
| Jul 22 | 4.6300✓ | 4.6300✓ |
| Jul 21 | 4.6300✓ | 4.6300✓ |
| Jul 20 | 4.6300✓ | 4.6300✓ |
| Jul 19 | 4.6300✓ | 4.6300✓ |
| Jul 18 | 4.6300✓ | 4.6300✓ |
| Jul 17 | 4.6300✓ | 4.6300✓ |
| Jul 16 | 4.6300✓ | 4.6300✓ |
| Jul 15 | 4.6300✓ | 4.6300✓ |
| Jul 14 | 4.6300✓ | 4.6300✓ |
| Jul 13 | 4.6300✓ | 4.6300✓ |
| Jul 12 | 4.6300✓ | 4.6300✓ |
| Jul 11 | 4.6300✓ | 4.6300✓ |
| Jul 10 | 4.6300✓ | 4.6300✓ |
| Jul 9 | 4.6300✓ | 4.6300✓ |
| Jul 8 | 4.6300✓ | 4.6300✓ |
| Jul 7 | 4.6300✓ | 4.6300✓ |
| Jul 6 | 4.6300✓ | 4.6300✓ |
| Jul 5 | 4.6300✓ | 4.6300✓ |
| Jul 4 | 4.6300✓ | 4.6300✓ |
| Jul 3 | 4.6300✓ | 4.6300✓ |
| Jul 2 | 4.6300✓ | 4.6300✓ |
| Jul 1 | 4.6300✓ | 4.6300✓ |
| Jun 30 | 4.6200✓ | 4.6200✓ |
| Jun 29 | 4.6300✓ | 4.6300✓ |
| Jun 28 | 4.6300✓ | 4.6300✓ |
| Jun 27 | 4.6300✓ | 4.6300✓ |
| Jun 26 | 4.6600✓ | 4.6600✓ |
| Jun 25 | 4.6700✓ | 4.6700✓ |
| Jun 24 | 4.7000✓ | 4.7000✓ |
| Jun 23 | 4.7100✓ | 4.7100✓ |
| Jun 22 | 4.7300✓ | 4.7300✓ |
| Jun 21 | 4.7200✓ | 4.7200✓ |
| Jun 20 | 4.7300✓ | 4.7300✓ |
| Jun 19 | 4.7000✓ | 4.7000✓ |
| Jun 18 | 4.6800✓ | 4.6800✓ |
| Jun 17 | 4.6800✓ | 4.6800✓ |
| Jun 16 | 4.6800✓ | 4.6800✓ |
| Jun 15 | 4.6800✓ | 4.6800✓ |
| Jun 14 | 4.6700✓ | 4.6700✓ |
| Jun 13 | 4.6700✓ | 4.6700✓ |
| Jun 12 | 4.6700✓ | 4.6700✓ |
| Jun 11 | 4.6800✓ | 4.6800✓ |
| Jun 10 | 4.6800✓ | 4.6800✓ |
| Jun 9 | 4.6800✓ | 4.6800✓ |
| Jun 8 | 4.6800✓ | 4.6800✓ |
| Jun 7 | 4.6400✓ | 4.6400✓ |
| Jun 6 | 4.6400✓ | 4.6400✓ |
| Jun 5 | 4.6700✓ | 4.6700✓ |
| Jun 4 | 4.6400✓ | 4.6400✓ |
| Jun 3 | 4.6200✓ | 4.6200✓ |
| Jun 2 | 4.6100✓ | 4.6100✓ |
| Jun 1 | 4.6200✓ | 4.6200✓ |
| May 31 | 4.6300✓ | 4.6300✓ |
| May 30 | 4.6300✓ | 4.6300✓ |
| May 29 | 4.6400✓ | 4.6400✓ |
| May 28 | 4.6100✓ | 4.6100✓ |
| May 27 | 4.6200✓ | 4.6200✓ |
| May 26 | 4.5700✓ | 4.5700✓ |
| May 25 | 4.5900✓ | 4.5900✓ |
| May 24 | 4.5700✓ | 4.5700✓ |
| May 23 | 4.5700✓ | 4.5700✓ |
| May 22 | 4.5700✓ | 4.5700✓ |
| May 21 | 4.5800✓ | 4.5800✓ |
| May 20 | 4.5900✓ | 4.5900✓ |
| May 19 | 4.6100✓ | 4.6100✓ |
| May 18 | 4.5600✓ | 4.5600✓ |
| May 17 | 4.5700✓ | 4.5700✓ |
| May 16 | 4.5900✓ | 4.5900✓ |
| May 15 | 4.5800✓ | 4.5800✓ |
| May 14 | 4.6000✓ | 4.6000✓ |
Frequently asked questions
Common questions about sending money from Germany to Malaysia
What is the cheapest way to send money from Germany to Malaysia?
The cheapest option changes daily based on exchange rates. Use our comparison table above to see today's rates from every provider. Specialist services like Wise, Remitly, and OFX consistently offer better value than banks.
How long does it take to send money from Germany to Malaysia?
Most specialist providers deliver to Malaysia within 1–2 business days. Some offer instant delivery for certain payment methods. Bank wires typically take 3–5 business days.
How much does it cost to send €1,000 from Germany to Malaysia?
Costs depend on the provider's fee and exchange rate markup. Compare all providers in our table above to see exactly how much MYR your recipient would receive from a €1,000 transfer today.
Can I send money from Germany to Malaysia online?
Yes, all the providers we compare support online transfers from Germany to Malaysia. Most also offer mobile apps. You can typically pay by bank transfer, debit card, or credit card.
Is it better to use a bank or a money transfer service to send money to Malaysia?
Money transfer services are almost always cheaper. Banks typically charge €25–50 per wire plus a 2–5% exchange rate markup. Specialist providers charge €0–10 with markups under 1%, saving you significantly on every transfer to Malaysia.
More for this corridor
Everything about sending money to Malaysia
Recipient requirements, delivery methods, regulations, popular banks, and more.
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Banking tools
How does your bank compare?
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