Question 1

What's the best way to send money from Namibia to Malaysia?

Accepted Answer

Sending money internationally to Malaysia from Namibia 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 Namibian Dollar to MYR 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 Malaysia. 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 Malaysian Ringgit.

Question 2

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

Accepted Answer

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 Malaysia from Namibia.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your NAD to Malaysian Ringgit 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 NAD to MYR 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.

Question 3

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

Accepted Answer

Finding the cheapest way to send money from Namibia to Malaysia might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer NAD to MYR via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Namibia to Malaysia exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.

Question 4

Should I use my bank to transfer money from Namibia to Malaysia?

Accepted Answer

We do not recommend using your local bank in Namibia for your next NAD to MYR 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 Namibia to Malaysia (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 MYR to Malaysia. These companies will let you use your local bank account in Namibia to pay for your Malaysia money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.

Question 5

How to send money from Namibia to Malaysia fast?

Accepted Answer

The speed of your Namibian Dollar to Malaysian Ringgit funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert NAD to MYR. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Malaysia from Namibia is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Malaysia if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout MYR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Namibia bank to Malaysia bank transfer.

Question 6

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

Accepted Answer

Comparing money transfer companies for sending money to Malaysia from Namibia 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 Malaysia. 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 Namibian Dollar to Malaysian Ringgit 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 Malaysian Ringgit yield on every Namibian Dollar that you send.

Question 7

Step by step guide to send money to Malaysia from Namibia

Accepted Answer

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Namibia to Malaysia, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Namibia to Malaysia that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
Provide information about the receiver - name, address and a bank account in Malaysia where they can receive monies in Malaysian Ringgit.
Then, provide details of your Namibia bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
Finally, select the amount you want to transfer, and click Send.
The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your NAD travel to another part of the globe.

1 NAD	0.24 MYR
5 NAD	1.20 MYR
10 NAD	2.41 MYR
25 NAD	6.01 MYR
50 NAD	12.03 MYR
100 NAD	24.05 MYR
150 NAD	36.07 MYR
200 NAD	48.10 MYR
250 NAD	60.13 MYR
300 NAD	72.15 MYR
400 NAD	96.20 MYR
500 NAD	120.25 MYR
600 NAD	144.30 MYR
700 NAD	168.35 MYR
800 NAD	192.40 MYR
1000 NAD	240.50 MYR
1500 NAD	360.75 MYR
2000 NAD	481.00 MYR
2500 NAD	601.25 MYR
3000 NAD	721.50 MYR
4000 NAD	962.00 MYR
5000 NAD	1,202.50 MYR
10000 NAD	2,405.00 MYR
15000 NAD	3,607.50 MYR
20000 NAD	4,810.00 MYR
30000 NAD	7,215.00 MYR
40000 NAD	9,620.00 MYR
50000 NAD	12,025.00 MYR
100000 NAD	24,050.00 MYR

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