Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's CUP to MYR (Cuban Peso to Malaysian Ringgit) exchange rates

Cuba
Malaysia
CUP
Interbank Exchange Rate: 1 CUP = 0.1606 MYR
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Cuban Peso to Malaysian Ringgit money transfers

Easily compare money transfer providers in one place to send money from Cuba to Malaysia. Send money overseas to your loved ones by comparing Cuban Peso (CUP) to Malaysian Ringgit (MYR) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Were you looking to send money from Malaysia to Cuba instead?

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.


Latest CUP to MYR Conversion Rates

Here are some latest CUP to MYR (Cuban Peso to Malaysian Ringgit) exchange rates for popular conversion amounts*.

1 CUP0.16 MYR
5 CUP0.80 MYR
10 CUP1.61 MYR
25 CUP4.02 MYR
50 CUP8.03 MYR
100 CUP16.06 MYR
150 CUP24.09 MYR
200 CUP32.12 MYR
250 CUP40.15 MYR
300 CUP48.18 MYR
400 CUP64.24 MYR
500 CUP80.30 MYR
600 CUP96.36 MYR
700 CUP112.42 MYR
800 CUP128.48 MYR
1,000 CUP160.60 MYR
1,500 CUP240.90 MYR
2,000 CUP321.20 MYR
2,500 CUP401.50 MYR
3,000 CUP481.80 MYR
4,000 CUP642.40 MYR
5,000 CUP803.00 MYR
10,000 CUP1,606.00 MYR
15,000 CUP2,409.00 MYR
20,000 CUP3,212.00 MYR
30,000 CUP4,818.00 MYR
40,000 CUP6,424.00 MYR
50,000 CUP8,030.00 MYR
100,000 CUP16,060.00 MYR

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Cuba to Malaysia?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Cuba to Malaysia. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Cuban Peso to MYR.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send CUP to MYR in Malaysia. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Malaysia from Cuba. We provide you with maximum choices to send money to Malaysia by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Malaysia from Cuba?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Malaysia from Cuba. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your CUP to Malaysian Ringgit money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Cuba to Malaysia corridor to give you more good choices for your next MYR money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money from Cuba to Malaysia?

Finding the cheapest way to send money from Cuba to Malaysia might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer CUP to MYR via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Cuba to Malaysia exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money from Cuba to Malaysia through a bank?

We do not recommend using your local bank in Cuba for your next CUP to MYR overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Cuba to Malaysia (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending MYR to Malaysia. These companies will let you use your local bank account in Cuba to pay for your Malaysia money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money from Cuba to Malaysia fast?

If you need to convert CUP to MYR as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Cuba to Malaysia could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Cuban Peso to Malaysian Ringgit funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Malaysia.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Cuba to Malaysia. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to transfer money to Malaysia from Cuba?

Cuba to Malaysia money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Malaysia as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Cuban Peso to Malaysian Ringgit money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to do a money transfer from Cuba to Malaysia

Follow the below easy steps to send money to Malaysia from Cuba.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Cuba bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Malaysia).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your CUP to MYR remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.