Compare today's MYR to BAM (Malaysian Ringgit to Convertible Mark) exchange rates
Interbank Exchange Rate: 1 MYR = 0.4091 BAM
Updated about an hour ago
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All you need to know about Malaysian Ringgit to Convertible Mark money transfers
Easily compare money transfer providers in one place to send money from Malaysia to Bosnia and Herzegovina. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to Convertible Mark (BAM) 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.
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Latest MYR to BAM Conversion Rates
Here are some latest MYR to BAM (Malaysian Ringgit to Convertible Mark) exchange rates for popular conversion amounts*.
| 1 MYR | 0.41 BAM |
| 5 MYR | 2.05 BAM |
| 10 MYR | 4.09 BAM |
| 25 MYR | 10.23 BAM |
| 50 MYR | 20.46 BAM |
| 100 MYR | 40.91 BAM |
| 150 MYR | 61.37 BAM |
| 200 MYR | 81.82 BAM |
| 250 MYR | 102.28 BAM |
| 300 MYR | 122.73 BAM |
| 400 MYR | 163.64 BAM |
| 500 MYR | 204.55 BAM |
| 600 MYR | 245.46 BAM |
| 700 MYR | 286.37 BAM |
| 800 MYR | 327.28 BAM |
| 1,000 MYR | 409.10 BAM |
| 1,500 MYR | 613.65 BAM |
| 2,000 MYR | 818.20 BAM |
| 2,500 MYR | 1,022.75 BAM |
| 3,000 MYR | 1,227.30 BAM |
| 4,000 MYR | 1,636.40 BAM |
| 5,000 MYR | 2,045.50 BAM |
| 10,000 MYR | 4,091.00 BAM |
| 15,000 MYR | 6,136.50 BAM |
| 20,000 MYR | 8,182.00 BAM |
| 30,000 MYR | 12,273.00 BAM |
| 40,000 MYR | 16,364.00 BAM |
| 50,000 MYR | 20,455.00 BAM |
| 100,000 MYR | 40,910.00 BAM |
*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 Bosnia and Herzegovina?
With the global remittance market booming, there are so many choices for Malaysian Ringgit to BAM money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Bosnia and Herzegovina from Malaysia. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.
We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final BAM amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.
How to get the best remit rate for transferring money from Malaysia to Bosnia and Herzegovina?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Bosnia and Herzegovina from Malaysia. 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 MYR to Convertible Mark 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 Malaysia to Bosnia and Herzegovina corridor to give you more good choices for your next BAM money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to send money to Bosnia and Herzegovina from Malaysia?
While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Malaysia to Bosnia and Herzegovina via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.A sure way to find the most cost effective way for Malaysian Ringgit to Convertible Mark remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.
Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Malaysia to Bosnia and Herzegovina exchange rate.
Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for MYR to BAM remittances.
Should I use my bank to transfer money from Malaysia to Bosnia and Herzegovina?
Bank transfers have been a traditionally popular way to send money overseas from Malaysia to Bosnia and Herzegovina. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the MYR to BAM exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.
We, therefore, recommend that before you use your Malaysia bank for your Bosnia and Herzegovina money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.
What is the fastest way to do a money transfer to Bosnia and Herzegovina from Malaysia?
It could be a stressful experience if you need to rush money quickly from Malaysia to Bosnia and Herzegovina. 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 MYR to BAM. 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 Convertible Mark. 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 Malaysia to Bosnia and Herzegovina money transfers.
Which are the best money transfer companies to send money to Bosnia and Herzegovina from Malaysia?
The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Malaysia to Bosnia and Herzegovina, we can help you in choosing the best provider.There are several key points you would want to check for; these include, but are not limited to, the best Malaysian Ringgit to Convertible Mark exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.
After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your BAM money transfers to Bosnia and Herzegovina. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.
Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Bosnia and Herzegovina getting more money for every Malaysian Ringgit you send.
Step by step guide to send money to Bosnia and Herzegovina from Malaysia
There are many important aspects of Malaysia to Bosnia and Herzegovina 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 BAM 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.