Compare today's MYR to EUR (Malaysian Ringgit to Euro) exchange rates
Found 6 Remittance Service Providers
📢 B2B transfers only
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All you need to know about Malaysian Ringgit to Euro money transfers
Easily compare money transfer providers in one place to send money from Malaysia to Austria. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to Euro (EUR) 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 Austria from Malaysia, we currently have 6 remittance service providers available.
Instarem currently offers the most competitive rate for sending money to Austria and their 1 MYR to EUR exchange rate today is 0.2087.
The next best Malaysian Ringgit to Euro exchange rate today for money transfers to Austria is offered by Ria Money Transfer (1 MYR = 0.2083 EUR).
Were you looking to send money from Austria to Malaysia 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 MYR to EUR Conversion Rates
Here are some latest MYR to EUR (Malaysian Ringgit to Euro) exchange rates for popular conversion amounts*.
| 1 MYR | 0.21 EUR |
| 5 MYR | 1.04 EUR |
| 10 MYR | 2.09 EUR |
| 25 MYR | 5.22 EUR |
| 50 MYR | 10.45 EUR |
| 100 MYR | 20.89 EUR |
| 150 MYR | 31.34 EUR |
| 200 MYR | 41.78 EUR |
| 250 MYR | 52.23 EUR |
| 300 MYR | 62.67 EUR |
| 400 MYR | 83.56 EUR |
| 500 MYR | 104.45 EUR |
| 600 MYR | 125.34 EUR |
| 700 MYR | 146.23 EUR |
| 800 MYR | 167.12 EUR |
| 1,000 MYR | 208.90 EUR |
| 1,500 MYR | 313.35 EUR |
| 2,000 MYR | 417.80 EUR |
| 2,500 MYR | 522.25 EUR |
| 3,000 MYR | 626.70 EUR |
| 4,000 MYR | 835.60 EUR |
| 5,000 MYR | 1,044.50 EUR |
| 10,000 MYR | 2,089.00 EUR |
| 15,000 MYR | 3,133.50 EUR |
| 20,000 MYR | 4,178.00 EUR |
| 30,000 MYR | 6,267.00 EUR |
| 40,000 MYR | 8,356.00 EUR |
| 50,000 MYR | 10,445.00 EUR |
| 100,000 MYR | 20,890.00 EUR |
*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 Malaysia to Austria?
Sending money internationally to Austria from Malaysia 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 Malaysian Ringgit to EUR 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 Austria. 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 Euro.
How to get the best rate to transfer money to Austria from 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 Austria.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Malaysia to Austria 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 MYR to Euro 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 to transfer money from Malaysia to Austria?
When you want to send money to Austria from Malaysia, you obviously want the cheapest possible option to maximize the money your recipient gets in Euro. 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 MYR to EUR 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 Malaysia to Austria. 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 Malaysia to Austria 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 Euro overseas.
Should I use my bank to transfer money from Malaysia to Austria?
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 MYR to EUR 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 Malaysia to Austria 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 Austria from Malaysia. They do this by letting you fund your transaction through your local bank account in Malaysia, and by allowing you to choose the payout to be your recipient's bank account in Austria. But, you are likely to get much better rates and lower fees compared to your bank.
What is the fastest way to transfer money from Malaysia to Austria?
How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Malaysia to Austria. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.To help you convert MYR to EUR fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.
If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Malaysian Ringgit amount reaching Austria. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.
Hopefully, you do not find yourself in a crisis where you have to rush Euro quickly to Austria, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.
Which are the best money transfer companies to send money to Austria from Malaysia?
The first step in selecting the best money transfer operators for Malaysia to Austria remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.
Another factor that may help you decide which provider to go with would be any coupons and deals available for Malaysian Ringgit to Euro money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Austria.
Step by step guide to send money from Malaysia to Austria
There are many important aspects of Malaysia to Austria remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.
- Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
- Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Malaysia bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
- Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include EUR bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
- Step 4 - Provision recipient details including name and address.
- Step 5 - Decide how much Malaysian Ringgit amount you want to send from Malaysia.
- Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
- Step 7 - Validate all the information for accuracy and start your transaction.






