Compare Poland Zloty to Malaysia Ringgit For Sending Money to Malaysia from USA

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Mid Market Rate

The mid-market rate is the midpoint between the buy and sell prices of two currencies.
Make money transfers and manage your account online 24 hours a day, 7 days a week from any device. XE Money has some best customer reviews we have ever seen, which shows that the users are satisfied with its services.
WorldRemit is an online money transfer service that provides international remittance services to expatriates and migrant workers

More Available Options

You can check rates of some more providers that may support your country
With a worldwide agent network of more than 314,000 locations in 144 countries and growing
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores. 
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.

About USD and MYR

Did you know, an approximation based on figures recorded by the World Bank revealed that $62,000,000 was sent from US to Malaysia in the financial year 2017-2018? This transfer was made to family members, relatives and friends in Malaysia from people in the US, whether citizens or not. Some people also opted to purchase property and pay their freelance employees in Malaysia.

All the above mentioned services require money transfer regularly. The surest way of knowing the best service providers in the market is by going through our latest data here at ERIQ.

Best way to send money from USA to Malaysia

Sending money from USA to Malaysia is possible and that is an already known phenomenon. Many people in the US make occasional remittances to several parts of the world and one of the countries that is a regular receiver of these funds is Malaysia.

So what are these services that offer remittance of money from US to Malaysia?

Online money transfer companies vs Direct cash transfer services

Online money transfer companies are also known as Digital money service providers. They are termed this way because you can easily send money via their apps and websites which you can access at any time you want online. 

You may question their security for fear of hackers and cyber-terrorists who pose a threat to the internet world. However, most of these service providers have 16-bit encryption security systems installed that ensure nothing comes in between your money and its recipient. Some of these providers include Instarem, TransferWise, Remitly and Azimo. Instarem offers the best rates in the foreign exchange market for this particular transfer.

Direct cash service providers, on the other hand, are also efficient to send your money from US to Malaysia. They are equally fast and transfer your money at low to no service costs. Some of the most used companies in this category include WorldRemit, Western Union, MoneyGram and Skrill.

Fastest and cheapest way to send your money from US to Malaysia

The fastest way to send money from US to Malaysia and at more affordable rates is through online money transfer companies like XE Money, TransferWise and Remitly.

4 Things to consider when sending money from US to Malaysia

When sending money from US to Malaysia, you have to be careful about which option you are choosing. Some transfer companies offer better rates than others while some transfer your money at better speeds. 

Some of the things you should look out for in a transfer option are:

  1. Exchange rates: Always make sure that the transfer exchange rate that you are offered is close to the mid-market rate. This way, you can get more value for your money.


  2. Transfer charges: These refer to the service costs that every transfer service provider incorporates into their transfers. Some service providers charge more for better speeds of transfer.


  3. Transfer limits: You have to compare the minimum and maximum transfer limits offered by different transfer options and make sure that they fit your transfer plan.


  4. Customer support: You have to choose a service provider that will always be there whenever you need help either going through their site or when you have made a transfer to the wrong address.

FAQ's

How can I compare the different money transfer service providers to determine which one is better for me?

The best way to determine the money transfer option that you are going to use is through using your exchange rate calculator that will enable you to get the best rates being offered in the market. Thereafter, you can weigh it with other options such as speeds of transfer and the security of your money.

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What is the safest way to send money from US to Malaysia?

Safety and security solely depend on the service providers that you choose. If you choose a globally trusted service provider, then chances are that you have a money safe guarantee. Learn how internationally trusted service providers like XE Money make sending money from US to Malaysia a simple process.

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What is the cheapest way of sending money from US to Malaysia?

Services like XE Money can help you transfer money to Malaysia for free. It is however good to mention that online money transfer services are generally cheaper when compared to others like Western Union. The concept of the cheapest money transfer service also depends on a lot of things including the preferred mode of transfer. For example, if the recipient can only receive money through a bank then you have to find the best offer in the market.

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Historical Mid Market Exchange Rate From Poland Zloty (PLN) to Malaysia Ringgit (MYR) (Weekly)

Current Exchange Rate(Mid Market) :- 1.19 MYR/PLN

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion PLN To MYR

Send Poland Zloty To MALAYSIA Receive Malaysia Ringgit
1 PLN TO MYR 1.19
50 PLN TO MYR 59.5
100 PLN TO MYR 119
250 PLN TO MYR 297.5
500 PLN TO MYR 595
1000 PLN TO MYR 1190
5000 PLN TO MYR 5950
10000 PLN TO MYR 11900
Send Malaysia Ringgit Receive Poland Zloty From MALAYSIA
1 MYR FROM PLN 0.84
50 MYR FROM PLN 42.02
100 MYR FROM PLN 84.03
250 MYR FROM PLN 210.08
500 MYR FROM PLN 420.17
1000 MYR FROM PLN 840.34
5000 MYR FROM PLN 4201.68
10000 MYR FROM PLN 8403.36

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