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

Compare today's MYR to BDT (Malaysian Ringgit to Bangladeshi Taka) exchange rates

Malaysia
Bangladesh
MYR
Interbank Exchange Rate: 1 MYR = 29.5703 BDT
Updated about an hour ago

Found 7 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 MYR =
29 550.00 BDT
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 29.5500 BDT
(*)(*)(*)(*)( )
1000 MYR =
29 534.60 BDT
Transfer Limit (MYR): No Limits
Locked-In Rate1 MYR = 29.5346 BDT

📢 Special exchange rate applied for first transfer
( )( )( )( )( )
1000 MYR =
29 465.70 BDT
Transfer Limit (MYR): 0 - 30000
Indicative Rate1 MYR = 29.4657 BDT
(*)(*)(*)(*)(*)
1000 MYR =
29 438.80 BDT
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 29.4388 BDT
(*)(*)(*)(*)(*)
1000 MYR =
29 099.20 BDT
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 29.0992 BDT

📢 B2B transfers only
(*)(*)(*)(*)(*)
1000 MYR =
28 928.80 BDT
Transfer Limit (MYR): 1 - 1000000
Locked-In Rate1 MYR = 28.9288 BDT
(*)(*)(*)(*)(*)
1000 MYR =
28 507.20 BDT
Transfer Limit (MYR): 9.5916 - 47958
Locked-In Rate1 MYR = 28.5072 BDT

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 Malaysian Ringgit to Bangladeshi Taka money transfers

Easily compare money transfer providers in one place to send money from Malaysia to Bangladesh. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to Bangladeshi Taka (BDT) 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 Bangladesh from Malaysia, we currently have 7 remittance service providers available.

Ria Money Transfer currently offers the most competitive rate for sending money to Bangladesh and their 1 MYR to BDT exchange rate today is 29.5500.

The next best Malaysian Ringgit to Bangladeshi Taka exchange rate today for money transfers to Bangladesh is offered by WorldRemit (1 MYR = 29.5346 BDT).

MoneyMatch and Instarem are amongst other competitive providers to consider for Malaysia to Bangladesh money transfers.

Were you looking to send money from Bangladesh 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 BDT Conversion Rates

Here are some latest MYR to BDT (Malaysian Ringgit to Bangladeshi Taka) exchange rates for popular conversion amounts*.

1 MYR29.57 BDT
5 MYR147.85 BDT
10 MYR295.70 BDT
25 MYR739.26 BDT
50 MYR1,478.51 BDT
100 MYR2,957.03 BDT
150 MYR4,435.55 BDT
200 MYR5,914.06 BDT
250 MYR7,392.58 BDT
300 MYR8,871.09 BDT
400 MYR11,828.12 BDT
500 MYR14,785.15 BDT
600 MYR17,742.18 BDT
700 MYR20,699.21 BDT
800 MYR23,656.24 BDT
1,000 MYR29,570.30 BDT
1,500 MYR44,355.45 BDT
2,000 MYR59,140.60 BDT
2,500 MYR73,925.75 BDT
3,000 MYR88,710.90 BDT
4,000 MYR118,281.20 BDT
5,000 MYR147,851.50 BDT
10,000 MYR295,703.00 BDT
15,000 MYR443,554.50 BDT
20,000 MYR591,406.00 BDT
30,000 MYR887,109.00 BDT
40,000 MYR1,182,812.00 BDT
50,000 MYR1,478,515.00 BDT
100,000 MYR2,957,030.00 BDT

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


What's the best way to do Malaysia to Bangladesh money transfers?

It can be very confusing when sending money from Malaysia to Bangladesh given so many choices. Additionally, Malaysian Ringgit to BDT exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Malaysia to Bangladesh as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Bangladesh from Malaysia. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Malaysian Ringgit to Bangladeshi Taka remittances.


How to get the best exchange rate for sending money from Malaysia to Bangladesh?

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 Malaysia to Bangladesh 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 MYR to Bangladeshi Taka 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 Malaysian Ringgit to Bangladeshi Taka 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 Bangladesh from Malaysia?

When you want to send money to Bangladesh from Malaysia, you obviously want the cheapest possible option to maximize the money your recipient gets in Bangladeshi Taka. 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 BDT 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 Bangladesh. 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 Bangladesh 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 Bangladeshi Taka overseas.


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

Big banks in Malaysia are known to make a lot of money by charging high fees on Bangladesh money transfers from Malaysia. 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 MYR to BDT 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 Bangladesh. 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 Malaysia to Bangladesh. You work hard for your money, so you should also ensure you get the maximum yield when you send BDT overseas.


What is the fastest way to transfer money from Malaysia to Bangladesh?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Malaysia to Bangladesh. 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 BDT 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 Bangladesh. 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 Bangladeshi Taka quickly to Bangladesh, 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 transfer money from Malaysia to Bangladesh?

Malaysia to Bangladesh 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 Bangladesh 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 Malaysian Ringgit to Bangladeshi Taka 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 transfer money to Bangladesh from Malaysia

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

  • 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 Malaysia bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Bangladesh).
  • 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 MYR to BDT 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.


Other popular countries to send money from Malaysia