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Compare today's LAK to MYR (Lao Kip to Malaysian Ringgit) exchange rates

Laos
Malaysia
LAK
Interbank Exchange Rate: 1 LAK = 0.0002 MYR
Updated about an hour ago

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All you need to know about Lao Kip to Malaysian Ringgit money transfers

Easily compare money transfer providers in one place to send money from Laos to Malaysia. Send money overseas to your loved ones by comparing Lao Kip (LAK) 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 Laos 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 LAK to MYR Conversion Rates

Here are some latest LAK to MYR (Lao Kip to Malaysian Ringgit) exchange rates for popular conversion amounts*.

1 LAK0.00 MYR
5 LAK0.00 MYR
10 LAK0.00 MYR
25 LAK0.01 MYR
50 LAK0.01 MYR
100 LAK0.02 MYR
150 LAK0.03 MYR
200 LAK0.04 MYR
250 LAK0.05 MYR
300 LAK0.06 MYR
400 LAK0.08 MYR
500 LAK0.10 MYR
600 LAK0.12 MYR
700 LAK0.14 MYR
800 LAK0.16 MYR
1,000 LAK0.20 MYR
1,500 LAK0.30 MYR
2,000 LAK0.40 MYR
2,500 LAK0.50 MYR
3,000 LAK0.60 MYR
4,000 LAK0.80 MYR
5,000 LAK1.00 MYR
10,000 LAK2.00 MYR
15,000 LAK3.00 MYR
20,000 LAK4.00 MYR
30,000 LAK6.00 MYR
40,000 LAK8.00 MYR
50,000 LAK10.00 MYR
100,000 LAK20.00 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 from Laos to Malaysia?

Sending money internationally to Malaysia from Laos can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Lao Kip to MYR remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Malaysia. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Malaysian Ringgit.


How to get the best remit rate for transferring money from Laos to Malaysia?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Laos to Malaysia transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your LAK to Malaysian Ringgit international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Lao Kip to Malaysian Ringgit exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


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

One of the most important things to watch out for is hidden fees when sending money to Malaysia from Laos. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Malaysia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Malaysian Ringgit foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best LAK to Malaysia exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Malaysia from Laos.


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

Big banks in Laos are known to make a lot of money by charging high fees on Malaysia money transfers from Laos. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a LAK to MYR exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Malaysia. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Laos to Malaysia. You work hard for your money, so you should also ensure you get the maximum yield when you send MYR overseas.


How to send money to Malaysia from Laos fast?

The speed of your Lao Kip to Malaysian Ringgit funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert LAK to MYR. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Malaysia from Laos is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Malaysia if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout MYR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Laos bank to Malaysia bank transfer.


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

Since the Lao Kip to Malaysian Ringgit money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Laos that may also be able to send money to Malaysia. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your LAK to MYR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Malaysia gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Laos to Malaysia transaction.


Step by step guide to send money from Laos to Malaysia

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Laos to Malaysia, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Laos to Malaysia that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Malaysia where they can receive monies in Malaysian Ringgit.
  • Then, provide details of your Laos bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your LAK travel to another part of the globe.