Transfer money from Malaysia to Italy
- Great exchange rates
- No hidden transfer fees
- 5-star customer rating
- Award-winning service
Transfer money from Malaysia to Italy with Key Currency
Whether you’re buying or selling property in Italy, moving there permanently, or sending money to family, Key Currency has helped thousands of clients transfer money safely from Malaysia to Italy.
With over 10 years’ experience handling international transfers, we regularly help people move money from Malaysia to Italy for property purchases, living costs, pensions, and large one-off transfers. We can send Euros quickly and securely to Italian bank accounts as part of a simple bank-to-bank transfer.
Our team of currency specialists will guide you through the process and help you secure a competitive MYR to EUR exchange rate. With no transfer fees and personal support from start to finish, you’ll get more from your money when sending funds from Malaysia to Italy.
How it works – 4 simple steps
1. Register
You can register online or over the phone. It’s quick, easy and there’s no obligation to trade.
2. Get a rate
All you need to do is tell us what currency you have and the amount. We'll then quote you a MYR to EUR rate.
3. Make your payment
You send your Malaysian Ringgit to a segregated client account by bank transfer.
4. We send your Euros out
Your Euros are transferred to the Italian account you requested as soon as your payment is received.
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MYR to EUR Chart
MYR to EUR rate = 0.21673318
This data uses the mid-market rate. For an exchange rate on your money transfer, please get a transfer quote.
| Statistic | Last 7 days | Last 30 days | Last 90 days |
| High | 0.21673 | 0.21673 | 0.21673 |
| Low | 0.21488 | 0.21097 | 0.21097 |
| Average | 0.21562 | 0.21354 | 0.21338 |
| Volatility | 0.86% | 2.70% | 2.70% |
Experts in overseas property
Our team of currency specialists will guide you through a secure, cost-effective international transfer.
With deep experience in overseas property transactions, they’ll help you get the most from your budget when buying property in Italy.
How we keep you safe
We’re authorised and regulated by the Financial Conduct Authority and registered with the Bank of Spain.
We’re dedicated to providing a service of the highest integrity and safety.
All of our money transfers are conducted through safeguarded client accounts for your peace of mind, and all payment details are double-checked with you before transfer.
Get a quick quote now to see how much you could save:
It's free, and takes less than a minute.
Frequently Asked Questions
How can I transfer money from Malaysia to Italy?
Transferring money from Malaysia to Italy only takes a few easy steps. After registering with us, you can secure an exchange rate whenever you like. You’ll be asked for the details of the recipient account, and we’ll let you know where to send your money. Then relax, we’ll do the rest.
What's the best way to transfer money from Malaysia to Italy?
If you don’t want to incur the high costs of using a bank, the best way to transfer money abroad is to use a money transfer specialist such as Key Currency. It is usually cheaper and more secure than other methods such as credit or debit cards, money orders, international cheques or cash remittance.
What's the cheapest way to transfer money from Malaysia to Italy?
It probably won’t come as a complete surprise that banks are not normally the cheapest way to send money internationally. By using a money transfer company, you can save up to 3%-4% on the exchange rate compared to some banks.
Are there any fees when transferring money from Malaysia to Italy?
Please be aware that most banks and many money transfer companies do charge fees to transfer money from Malaysia to Italy. The fees are not always obvious – before or even after you’ve sent your money. Examples include transfer, intermediary, tracking, recipient and processing fees. We keep things simple. Key Currency does not charge any fees when you transfer money internationally.
What details do I need to transfer money from Malaysia to Italy?
To transfer money from Malaysia to Italy, the main thing you will need is information about the recipient. You will need the recipient's full name and their IBAN, along with their full address. In Italy, an IBAN is 27 characters long and consists of numbers and letters. You can usually get this information by logging into the account or from a bank statement. Some money transfer companies will also help you put this together.
How long does a money transfer from Malaysia to Italy take?
Sending money from Malaysia to Italy usually takes 1 working day. The time can vary due to daily cut-off times and the efficiency of the receiving bank. The foreign bank receiving the funds will need to do their internal checks before they clear your money into the account. That’s what takes most of the time.