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Malaysia is a bustling hub for international trade and tourism, making currency exchange services indispensable. These services facilitate the seamless conversion of foreign currencies into the local currency, the Malaysian Ringgit (MYR), and vice versa. Here are the five largest currency exchange service providers in Malaysia, known for their reliability, competitive rates, and extensive network:
- Western Union
- MoneyGram
- XE
- Travelex
- Maybank
Western Union is a global leader in money transfer and currency exchange, operating in over 200 countries. With a vast network of agent locations across Malaysia, Western Union offers convenient and secure currency exchange services at competitive rates. Customers can also use Western Union’s online platform to transfer money internationally or exchange currencies.
MoneyGram is another prominent international money transfer and currency exchange provider with a strong presence in Malaysia. Their extensive network of agents and convenient locations make it easy for customers to access their services. MoneyGram offers competitive exchange rates and a wide range of currencies, catering to the needs of both individuals and businesses.
XE is a leading online currency exchange platform that provides real-time currency rates, currency charts, and currency converters. While XE does not have physical locations in Malaysia, their user-friendly online platform allows customers to exchange currencies quickly and easily. XE is known for its transparent pricing and competitive exchange rates, making it a popular choice for online currency exchange.
Travelex is a well-established currency exchange service provider with a presence in major airports, banks, and travel agencies across Malaysia. They offer a wide range of currencies and competitive exchange rates. Travelex also provides additional services such as pre-ordering currency, buy-back guarantees, and travel insurance, making it a comprehensive solution for travelers and businesses.
Maybank is the largest bank in Malaysia, offering a wide range of financial services, including currency exchange. With an extensive network of branches and ATMs across the country, Maybank provides convenient access to currency exchange services for its customers. Maybank offers competitive exchange rates and caters to both individual and corporate clients.
The 7 Biggest Currency Exchange Service near Malacca City
Sadaya Niaga Sdn. Bhd. Money Changer Money Transfer
- Address: 110, Jalan Munshi Abdullah, Kampung Jawa, 75100 Melaka, Malaysia
- Map: Click here
- Rating: 4.4 (68)
- Phone: +60 12-626 9494
- Website:
- Opening hours:
Monday: 9:00 AM – 5:00 PMTuesday: 9:00 AM – 5:00 PMWednesday: 9:00 AM – 5:00 PMThursday: 9:00 AM – 5:00 PMFriday: 9:00 AM – 5:00 PMSaturday: 9:00 AM – 5:00 PMSunday: Closed - Reviews:
2 weeks agoVery Good Service for both ladies . Even far distance from me . But still willing come here for the excellent service . Thumps up2 weeks agoPlease pick up your phone. Is the phone number updated? If you want to do business be professional ??. Not my first encounter to this problem3 months agoThis money changer offers the best spread to buy & sell currency of your choice. The owner has been in this field for at least 30 years and trustworthiness is guaranteed.a month agoOne of the best money exchange service in Melaka town..integrity and ensures customer satisfaction. Awesome!?3 months agoRate is reasonable. Much better than the other one around the corner. No wonder always have queue here.
Spak Sdn. Bhd.
- Address: 29, Jalan Laksamana, Banda Hilir, 75000 Melaka, Malaysia
- Map: Click here
- Rating: 4.5 (56)
- Phone: +60 6-282 6742
- Opening hours:
Monday: 9:15 AM – 4:30 PMTuesday: 9:15 AM – 4:30 PMWednesday: 9:15 AM – 4:30 PMThursday: 9:15 AM – 4:30 PMFriday: 9:15 AM – 12:00 PM, 2:30 – 4:30 PMSaturday: ClosedSunday: Closed - Reviews:
8 months agoBest FX rates I’ve ever experienced as a retail punter. 5 pips off the AUD interbank rate. Fully disclosed and reliable. Easy access from street. Highly recommended for travellers.4 weeks agoThe service is fast and the exchange rate is gooda year agoHonest and reliable money changer. Walk in on board was 3.22 but he update says its now 3.23. Highly Reconmended.Parking is a hassle but rates are much much better than dataran or around melaka raya.Dont waste your time to go to Dataran offer rm315 for SG100,melaka raya ones RM316 for SG100. Full of attitude for Dataran ones.Mahkota parade exchange permanently close.
a year agoFriendly staff & good rates! I’m changing from SGD -> MYR and it’s at a rate of 3.2~ pretty good as compared to some other places!3 months agoQuick, easy, courteous, and a great rate
Merchantrade Melaka Sentral – Money Changer
- Address: 27, Jalan Pms 1, Plaza Melaka Sentral, 75450 Melaka, Malaysia
- Map: Click here
- Rating: 3.8 (22)
Merchantrade Plaza Hang Tuah – Money Changer
- Address: G31B Plaza Hang Tuah, Jalan Tun Mamat, 75300, Malacca, Malaysia
- Map: Click here
- Rating: 3.7 (12)
Wang S. Enterprise Sdn. Bhd.
- Address: No. 3, Mahkota Melaka, Jln Merdeka, 75000, Malacca, Malaysia
- Map: Click here
- Rating: 3 (4)
Merchantrade Bukit Rambai – Money Changer
- Address: 1, Jalan RJ 29, Taman Rambai Jaya, 75250 Malacca, Malaysia
- Map: Click here
- Rating: 4.4 (5)
Ria Money Transfer
- Address: Lot No. 53, 54 & 55 , Zone D, Bangunan Terminal, Melaka Sentral, Plaza Melaka Sentral, 75400, Melaka, Malaysia
- Map: Click here
- Rating: 4.6 (5)
Explore prominent consulting firms in neighboring countries, such as those referenced in Penang, Kuala Lumpur and Pakse, to gain insights into the dynamic business landscape of ASEAN. These firms contribute to the region’s enterprise vibrancy, positioning Malacca City, Malaysia as a hub for strategic insights and innovative solutions.
Top Currency Exchange Service Alternatives in Malacca City
The Biggest Currency Exchange Service in Malaysia
When visiting Malacca City, there are several currency exchange service options to choose from. Here are the top three alternatives that are popular among tourists:
- Maybank: Maybank is one of the largest banks in Malaysia, and it has several branches in Malacca City. They offer currency exchange services at competitive rates. Maybank is known for its reliable and trustworthy service, and they have a wide range of currencies available for exchange. Their branches are conveniently located in popular areas such as Jonker Street and Mahkota Parade.
- Affin Bank: Affin Bank is another well-known bank in Malaysia that provides currency exchange services. They have branches in Malacca City, including one at Dataran Pahlawan, a popular shopping complex. Affin Bank offers competitive rates and provides quick and efficient service. They also have a dedicated foreign exchange counter to cater to customers who need to exchange currency.
- Mahkota Money Changer: Located within the Mahkota Parade shopping mall, Mahkota Money Changer is a popular choice for tourists in Malacca City. This money changer offers a wide range of currencies and competitive rates. They are known for their friendly and helpful staff who provide excellent customer service. Mahkota Money Changer is open daily, making it a convenient option for travelers.
When choosing a currency exchange service in Malacca City, it is important to compare rates and fees to get the best deal. It is also recommended to exchange currency at reputable establishments, such as banks or licensed money changers, to ensure a secure transaction.
Thank you for taking the time to read our article. For more in-depth reviews and comprehensive ratings on the Currency Exchange Service spots, please explore the recommended articles listed below.
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