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

Compare today's MYR to XOF (Malaysian Ringgit to CFA Franc BCEAO) exchange rates

Malaysia
Gabon
MYR
Interbank Exchange Rate: 1 MYR = 136.5933 XOF
Updated about an hour ago

Found 3 Remittance Service Providers

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1000 MYR =
136 227.10 XOF
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 136.2271 XOF
(*)(*)(*)(*)(*)
1000 MYR =
134 594.50 XOF
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 134.5945 XOF

📢 B2B transfers only
(*)(*)(*)(*)(*)
1000 MYR =
132 590.00 XOF
Transfer Limit (MYR): 1 - 1000000
Locked-In Rate1 MYR = 132.5900 XOF

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 CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Malaysia to Gabon. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to CFA Franc BCEAO (XOF) 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.

RemitFinder compared 3 money transfer operators to get you the best FX rates to send money from Malaysia to Gabon.

The best rate to send CFA Franc BCEAO from Malaysian Ringgit to your loved ones in Gabon is currently offered by Ria Money Transfer; their 1 MYR to XOF exchange rate today is 136.2271.

Verto offers the next most competitive Malaysian Ringgit to CFA Franc BCEAO exchange rate today (currently 1 MYR = 134.5945 XOF).

Were you looking to send money from Gabon 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 XOF Conversion Rates

Here are some latest MYR to XOF (Malaysian Ringgit to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 MYR136.59 XOF
5 MYR682.97 XOF
10 MYR1,365.93 XOF
25 MYR3,414.83 XOF
50 MYR6,829.67 XOF
100 MYR13,659.33 XOF
150 MYR20,489.00 XOF
200 MYR27,318.66 XOF
250 MYR34,148.33 XOF
300 MYR40,977.99 XOF
400 MYR54,637.32 XOF
500 MYR68,296.65 XOF
600 MYR81,955.98 XOF
700 MYR95,615.31 XOF
800 MYR109,274.64 XOF
1,000 MYR136,593.30 XOF
1,500 MYR204,889.95 XOF
2,000 MYR273,186.60 XOF
2,500 MYR341,483.25 XOF
3,000 MYR409,779.90 XOF
4,000 MYR546,373.20 XOF
5,000 MYR682,966.50 XOF
10,000 MYR1,365,933.00 XOF
15,000 MYR2,048,899.50 XOF
20,000 MYR2,731,866.00 XOF
30,000 MYR4,097,799.00 XOF
40,000 MYR5,463,732.00 XOF
50,000 MYR6,829,665.00 XOF
100,000 MYR13,659,330.00 XOF

*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 Gabon?

Sending money internationally to Gabon 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 XOF 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 Gabon. 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 CFA Franc BCEAO.


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

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 Gabon.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Malaysia to Gabon 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 CFA Franc BCEAO 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 send money from Malaysia to Gabon?

The final amount your recipient gets when you send MYR to XOF is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Malaysia to Gabon used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send CFA Franc BCEAO is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Malaysian Ringgit to Gabon exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


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

Bank transfers have been a traditionally popular way to send money overseas from Malaysia to Gabon. 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 XOF 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 Gabon 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.


How to send money to Gabon from Malaysia fast?

It could be a stressful experience if you need to rush money quickly from Malaysia to Gabon. 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 XOF. 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 CFA Franc BCEAO. 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 Gabon money transfers.


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

Comparing money transfer companies for sending money to Gabon from Malaysia can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Gabon. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Malaysian Ringgit to CFA Franc BCEAO transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the CFA Franc BCEAO yield on every Malaysian Ringgit that you send.


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

Follow the below easy steps to send money to Gabon 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 Gabon).
  • 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 XOF 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.