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Compare today's SCR to MYR (Seychellois Rupee to Malaysian Ringgit) exchange rates

Seychelles
Malaysia
SCR
Interbank Exchange Rate: 1 SCR = 0.2955 MYR
Updated about an hour ago

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All you need to know about Seychellois Rupee to Malaysian Ringgit money transfers

Easily compare money transfer providers in one place to send money from Seychelles to Malaysia. Send money overseas to your loved ones by comparing Seychellois Rupee (SCR) to Malaysian Ringgit (MYR) 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 SCR to MYR Conversion Rates

Here are some latest SCR to MYR (Seychellois Rupee to Malaysian Ringgit) exchange rates for popular conversion amounts*.

1 SCR0.30 MYR
5 SCR1.48 MYR
10 SCR2.96 MYR
25 SCR7.39 MYR
50 SCR14.77 MYR
100 SCR29.55 MYR
150 SCR44.32 MYR
200 SCR59.10 MYR
250 SCR73.88 MYR
300 SCR88.65 MYR
400 SCR118.20 MYR
500 SCR147.75 MYR
600 SCR177.30 MYR
700 SCR206.85 MYR
800 SCR236.40 MYR
1,000 SCR295.50 MYR
1,500 SCR443.25 MYR
2,000 SCR591.00 MYR
2,500 SCR738.75 MYR
3,000 SCR886.50 MYR
4,000 SCR1,182.00 MYR
5,000 SCR1,477.50 MYR
10,000 SCR2,955.00 MYR
15,000 SCR4,432.50 MYR
20,000 SCR5,910.00 MYR
30,000 SCR8,865.00 MYR
40,000 SCR11,820.00 MYR
50,000 SCR14,775.00 MYR
100,000 SCR29,550.00 MYR

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Seychelles to Malaysia?

With the global remittance market booming, there are so many choices for Seychellois Rupee to MYR 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 Malaysia from Seychelles. 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 MYR 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 rate to transfer money to Malaysia from Seychelles?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Seychelles to Malaysia transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your SCR to Malaysian Ringgit international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Seychellois Rupee to Malaysian Ringgit exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to send money to Malaysia from Seychelles?

Finding the cheapest way to send money from Seychelles 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 SCR 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 Seychelles 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.


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

Bank transfers have been a traditionally popular way to send money overseas from Seychelles to Malaysia. 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 SCR to MYR 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 Seychelles bank for your Malaysia 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 from Seychelles to Malaysia fast?

If you need to convert SCR to MYR 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 Seychelles to Malaysia 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 Seychellois Rupee to Malaysian Ringgit 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 Malaysia.

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

Comparing money transfer companies for sending money to Malaysia from Seychelles 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 Seychellois Rupee 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 Seychellois Rupee that you send.


Step by step guide to transfer money to Malaysia from Seychelles

There are many important aspects of Seychelles to Malaysia 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 - Seychelles 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 MYR 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 Seychellois Rupee amount you want to send from Seychelles.
  • 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.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Malaysia to validate that they get the money once the transaction clears.