Send money from Malaysia to Indonesia
Comparing 3 providers for 1,000 MYR → IDR
✓All providers licensed and regulated
Wise
Fee MYR 12.03 · Rate 4467.2900
IDR 4,413,549
your recipient gets
| Provider | Fee | Rate | Spread | Recipient gets† | Speed | Action |
|---|---|---|---|---|---|---|
WiseBest value Pay with: Bank transfer · Debit card · Credit card · Apple Pay · Google Pay | MYR 12.03 | 4467.2900 | +0.42% | IDR 4,413,548.50 | — | Send now |
Receive via: Bank account Pay with: Bank transfer · Debit card · Credit card · Cash (agent) | MYR 10.10 | 4433.7025 | 0.33% | IDR 4,388,922.07 | 1 day | Send now |
Receive via: Bank Transfer Pay with: Bank transfer · Debit card · Credit card · Apple Pay · Google Pay | MYR 7.50 | 4401.3272 | 1.06% | IDR 4,368,317.25 | — | Send now |
Delivery & payment details
Pay with: Bank transfer · Debit card · Credit card · Apple Pay · Google Pay
Delivery & payment details
Receive via: Bank account
Pay with: Bank transfer · Debit card · Credit card · Cash (agent)
Delivery & payment details
Receive via: Bank Transfer
Pay with: Bank transfer · Debit card · Credit card · Apple Pay · Google Pay
Updated November 4, 2026 at 08:32 AM UTC
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What we've measured on MYR → IDR
Across 59 days of our own recorded quotes, the gap between the best and worst provider on this corridor has run at a median of 1.1% (widest single day: 1.6%). On a 1,000 MYR transfer that is the difference between the best and worst choice.
The best provider has changed 4 times in that window, across 2 different providers (Wise has led on the most days). This corridor is genuinely competitive, so the cheapest option today may not be the cheapest next week.
Provider rates on this corridor are measured against the European Central Bank's daily euro reference rates.
Recipients in Indonesia can be paid via a bank account, based on what the providers above actually price for this corridor.
Figures come from our own append-only rate history, not from provider marketing. See the methodology and rate trends.
Sending MYR from Malaysia
Transfers sent in MYR from Malaysia are handled by licensed money transfer providers regulated in the sending country. Funding is typically by bank transfer or card, depending on the provider.
This page compares providers for the Malaysia → Indonesia corridor specifically, ranked by how much IDR your recipient actually receives after fees and the exchange-rate margin — not by the headline fee alone.
MYR to IDR — Frequently asked questions
What is the cheapest way to send MYR to IDR?
Wise currently offers the best value for MYR → IDR, delivering 4,413,549 IDR for 1,000 MYR. We rank by the total amount received after fees and exchange-rate markup, updated every 4 hours. Note that the lead has changed 4 times in the last 59 days across 2 providers, so today's winner is not a permanent answer — check before each transfer.
What is the current MYR to IDR exchange rate?
The best available rate is 1 MYR = 4467.29 IDR via Wise. The reference (mid-market) rate is 4448.52, taken from the European Central Bank's daily euro reference rates. Across 59 days of our own records, the spread between the best and worst provider on this corridor has run at a median of 1.1%. Rates are updated every 4 hours. Always confirm the final rate on the provider's site before sending.
Are there hidden fees when sending MYR to IDR?
On this corridor the two costs split roughly 0.99% in visible fees and 0.46% in exchange-rate markup, averaged over the 3 providers here that publish a fee — so the markup is the smaller part, about 32% of what you pay. We rank by the amount your recipient actually receives, which captures both. Learn how fees work →
Can I send MYR to a mobile wallet in Indonesia?
Yes. Several providers on this page pay out to Maya in Indonesia. Choose your wallet as the delivery method at checkout on the provider's site — the recipient gets the money directly in their mobile-wallet balance, usually within minutes. Rankings above already account for the fee and exchange-rate markup, so the best value applies to wallet payout too.