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

Compare today's MYR to USD (Malaysian Ringgit to US Dollar) exchange rates

Malaysia
Virgin Islands, British
MYR
Interbank Exchange Rate: 1 MYR = 0.2429 USD
Updated about an hour ago

Found 2 Remittance Service Providers

TRANSFERWISE
Read more about Wise
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 MYR =
239.90 USD
Transfer Limit (MYR): 1 - 1000000
Locked-In Rate1 MYR = 0.2399 USD
verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 MYR =
239.30 USD
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 0.2393 USD

📢 B2B transfers only

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 US Dollar money transfers

Easily compare money transfer providers in one place to send money from Malaysia to Virgin Islands, British. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to US Dollar (USD) 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 2 money transfer operators to get you the best FX rates to send money from Malaysia to Virgin Islands, British.

The best rate to send US Dollar from Malaysian Ringgit to your loved ones in Virgin Islands, British is currently offered by Wise; their 1 MYR to USD exchange rate today is 0.2399.

Verto offers the next most competitive Malaysian Ringgit to US Dollar exchange rate today (currently 1 MYR = 0.2393 USD).

Were you looking to send money from Virgin Islands, British 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 USD Conversion Rates

Here are some latest MYR to USD (Malaysian Ringgit to US Dollar) exchange rates for popular conversion amounts*.

1 MYR0.24 USD
5 MYR1.21 USD
10 MYR2.43 USD
25 MYR6.07 USD
50 MYR12.15 USD
100 MYR24.29 USD
150 MYR36.44 USD
200 MYR48.58 USD
250 MYR60.73 USD
300 MYR72.87 USD
400 MYR97.16 USD
500 MYR121.45 USD
600 MYR145.74 USD
700 MYR170.03 USD
800 MYR194.32 USD
1,000 MYR242.90 USD
1,500 MYR364.35 USD
2,000 MYR485.80 USD
2,500 MYR607.25 USD
3,000 MYR728.70 USD
4,000 MYR971.60 USD
5,000 MYR1,214.50 USD
10,000 MYR2,429.00 USD
15,000 MYR3,643.50 USD
20,000 MYR4,858.00 USD
30,000 MYR7,287.00 USD
40,000 MYR9,716.00 USD
50,000 MYR12,145.00 USD
100,000 MYR24,290.00 USD

*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 Virgin Islands, British money transfers?

With the global remittance market booming, there are so many choices for Malaysian Ringgit to USD 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 Virgin Islands, British 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 USD 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 exchange rate for your money transfers from Malaysia to Virgin Islands, British?

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 Virgin Islands, British from Malaysia.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MYR to United States Dollar 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 USD 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 for transferring money to Virgin Islands, British from Malaysia?

When you want to send money to Virgin Islands, British from Malaysia, you obviously want the cheapest possible option to maximize the money your recipient gets in United States Dollar. 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 USD 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 Virgin Islands, British. 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 Virgin Islands, British 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 United States Dollar overseas.


How to send money to Virgin Islands, British from Malaysia through a bank?

We do not recommend using your local bank in Malaysia for your next MYR to USD overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Malaysia to Virgin Islands, British (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending USD to Virgin Islands, British. These companies will let you use your local bank account in Malaysia to pay for your Virgin Islands, British money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money from Malaysia to Virgin Islands, British fast?

If you need to convert MYR to USD 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 Virgin Islands, British 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 United States Dollar 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 Virgin Islands, British.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Malaysia to Virgin Islands, British. 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 send money from Malaysia to Virgin Islands, British?

Since the Malaysian Ringgit to United States Dollar 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 Virgin Islands, British. 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 USD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Virgin Islands, British 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 Virgin Islands, British transaction.


Step by step guide to transfer money to Virgin Islands, British from Malaysia

The first step to send money to Virgin Islands, British from Malaysia is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your MYR to USD overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Virgin Islands, British if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Malaysia bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Virgin Islands, British!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Malaysia to Virgin Islands, British.