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

Compare today's MYR to CLP (Malaysian Ringgit to Chilean Peso) exchange rates

Malaysia
Chile
MYR
Interbank Exchange Rate: 1 MYR = 223.9836 CLP
Updated about an hour ago

Found 3 Remittance Service Providers

RIAMONEYTX
Read more about Ria Money Transfer
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 MYR =
226 240.00 CLP
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 226.2400 CLP
INSTAREM
Read more about Instarem
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 MYR =
224 605.20 CLP
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 224.6052 CLP
TRANSFERWISE
Read more about Wise
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 MYR =
220 170.00 CLP
Transfer Limit (MYR): 1 - 1000000
Locked-In Rate1 MYR = 220.1700 CLP

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 Chilean Peso money transfers

Easily compare money transfer providers in one place to send money from Malaysia to Chile. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to Chilean Peso (CLP) 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 Chile from Malaysia, we currently have 3 remittance service providers available.

Ria Money Transfer currently offers the most competitive rate for sending money to Chile and their 1 MYR to CLP exchange rate today is 226.2400.

The next best Malaysian Ringgit to Chilean Peso exchange rate today for money transfers to Chile is offered by Instarem (1 MYR = 224.6052 CLP).

Were you looking to send money from Chile 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 CLP Conversion Rates

Here are some latest MYR to CLP (Malaysian Ringgit to Chilean Peso) exchange rates for popular conversion amounts*.

1 MYR223.98 CLP
5 MYR1,119.92 CLP
10 MYR2,239.84 CLP
25 MYR5,599.59 CLP
50 MYR11,199.18 CLP
100 MYR22,398.36 CLP
150 MYR33,597.54 CLP
200 MYR44,796.72 CLP
250 MYR55,995.90 CLP
300 MYR67,195.08 CLP
400 MYR89,593.44 CLP
500 MYR111,991.80 CLP
600 MYR134,390.16 CLP
700 MYR156,788.52 CLP
800 MYR179,186.88 CLP
1,000 MYR223,983.60 CLP
1,500 MYR335,975.40 CLP
2,000 MYR447,967.20 CLP
2,500 MYR559,959.00 CLP
3,000 MYR671,950.80 CLP
4,000 MYR895,934.40 CLP
5,000 MYR1,119,918.00 CLP
10,000 MYR2,239,836.00 CLP
15,000 MYR3,359,754.00 CLP
20,000 MYR4,479,672.00 CLP
30,000 MYR6,719,508.00 CLP
40,000 MYR8,959,344.00 CLP
50,000 MYR11,199,180.00 CLP
100,000 MYR22,398,360.00 CLP

*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 Chile money transfers?

With the global remittance market booming, there are so many choices for Malaysian Ringgit to CLP 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 Chile 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 CLP 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 Chile?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Chile from Malaysia.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MYR to Chilean Peso remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for MYR to CLP remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to transfer money from Malaysia to Chile?

One of the most important things to watch out for is hidden fees when sending money to Chile from Malaysia. 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 Chile using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Chilean Peso foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MYR to Chile 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 Chile from Malaysia.


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

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Malaysia to Chile money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like MYR to CLP transfers.

Given this, there are umpteen additional options to send money to Chile instead of just your Malaysia bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Malaysian Ringgit even more so that your recipient in Chile gets the maximum amount.


How to send money from Malaysia to Chile fast?

If you need to convert MYR to CLP as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Malaysia to Chile could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Malaysian Ringgit to Chilean Peso funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Chile.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Malaysia to Chile. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


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

Since the Malaysian Ringgit to Chilean Peso 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 Malaysia that may also be able to send money to Chile. 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 MYR to CLP money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Chile gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Malaysia to Chile transaction.


Step by step guide to do a money transfer from Malaysia to Chile

With so many possible ways to transfer Malaysian Ringgit to Chilean Peso, 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 Malaysia to Chile 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 Malaysia and the receiver in Chile. 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 MYR to Chilean Peso money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.