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

Compare today's EGP to MYR (Egyptian Pound to Malaysian Ringgit) exchange rates

Egypt
Malaysia
EGP
Interbank Exchange Rate: 1 EGP = 0.0868 MYR
Updated about an hour ago

Found 1 Remittance Service Providers

currencyflow
Read more about Currencyflow
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1000 EGP =
86.60 MYR
Transfer Limit (EGP): No Limits
Locked-In Rate1 EGP = 0.0866 MYR

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Egyptian Pound to Malaysian Ringgit money transfers

Easily compare money transfer providers in one place to send money from Egypt to Malaysia. Send money overseas to your loved ones by comparing Egyptian Pound (EGP) 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.

When making a money transfer to Malaysia from Egypt, we currently have 1 remittance service providers available.

Currencyflow currently offers the most competitive rate for sending money to Malaysia and their 1 EGP to MYR exchange rate today is 0.0866.

Were you looking to send money from Malaysia to Egypt 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 EGP to MYR Conversion Rates

Here are some latest EGP to MYR (Egyptian Pound to Malaysian Ringgit) exchange rates for popular conversion amounts*.

1 EGP0.09 MYR
5 EGP0.43 MYR
10 EGP0.87 MYR
25 EGP2.17 MYR
50 EGP4.34 MYR
100 EGP8.68 MYR
150 EGP13.02 MYR
200 EGP17.36 MYR
250 EGP21.70 MYR
300 EGP26.04 MYR
400 EGP34.72 MYR
500 EGP43.40 MYR
600 EGP52.08 MYR
700 EGP60.76 MYR
800 EGP69.44 MYR
1,000 EGP86.80 MYR
1,500 EGP130.20 MYR
2,000 EGP173.60 MYR
2,500 EGP217.00 MYR
3,000 EGP260.40 MYR
4,000 EGP347.20 MYR
5,000 EGP434.00 MYR
10,000 EGP868.00 MYR
15,000 EGP1,302.00 MYR
20,000 EGP1,736.00 MYR
30,000 EGP2,604.00 MYR
40,000 EGP3,472.00 MYR
50,000 EGP4,340.00 MYR
100,000 EGP8,680.00 MYR

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


What's the best way to send money to Malaysia from Egypt?

There are many good choices when it comes to sending money from Egypt to Malaysia. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Egyptian Pound to MYR money transfers.

We compare different remittance companies to bring you the best options to send money to Malaysia from Egypt. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Egyptian Pound to Malaysian Ringgit money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for your money transfers from Egypt to Malaysia?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Malaysia.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Egypt to Malaysia transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your EGP to Malaysian Ringgit money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way for transferring money to Malaysia from Egypt?

When you want to send money to Malaysia from Egypt, you obviously want the cheapest possible option to maximize the money your recipient gets in Malaysian Ringgit. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your EGP to MYR money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Egypt to Malaysia. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Egypt to Malaysia exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Malaysian Ringgit overseas.


Should I use my bank to send money from Egypt to Malaysia?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low EGP to MYR exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Egypt to Malaysia money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Malaysia from Egypt. They do this by letting you fund your transaction through your local bank account in Egypt, and by allowing you to choose the payout to be your recipient's bank account in Malaysia. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money to Malaysia from Egypt fast?

It could be a stressful experience if you need to rush money quickly from Egypt to Malaysia. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert EGP to MYR. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Malaysian Ringgit. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Egypt to Malaysia money transfers.


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

Egypt 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 Egyptian Pound 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 send money from Egypt to Malaysia

With so many possible ways to transfer Egyptian Pound to Malaysian Ringgit, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Egypt to Malaysia remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Egypt and the receiver in Malaysia. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your EGP to Malaysian Ringgit money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.