Discover the Biggest Currency Exchange Service in Penang

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Malaysia’s currency exchange market is among the most robust and dynamic in Southeast Asia, providing convenient and reliable services to individuals and businesses. The following are the 5 largest Currency Exchange Service providers in Malaysia, renowned for their competitive rates, extensive networks, and commitment to customer satisfaction.

  • Maybank (Malayan Banking Berhad)
  • CIMB Bank (CIMB Group Holdings Berhad)
  • Public Bank Berhad
  • Hong Leong Bank Berhad
  • AmBank (AmBank Group Berhad)

These institutions offer a wide range of foreign currencies, cater to both retail and corporate clients, and maintain a strong presence across the country with extensive branch networks and convenient locations.

Here’s a brief overview of each currency exchange service provider:

  • Maybank: Renowned as the largest bank in Malaysia, Maybank provides comprehensive currency exchange services, including foreign currency notes, travelers’ checks, and wire transfers. With a vast network of over 2,500 branches and ATMs, Maybank offers competitive exchange rates and caters to a wide range of financial needs.
  • CIMB Bank: As one of the leading banking groups in Southeast Asia, CIMB Bank offers reliable currency exchange services both online and through its extensive branch network. Their competitive rates and convenient online platform make them a popular choice for individuals and businesses seeking hassle-free currency exchange solutions.
  • Public Bank Berhad: Recognized as the largest Islamic bank in Southeast Asia, Public Bank Berhad provides a full suite of currency exchange services, including foreign currency notes, travelers’ checks, and online currency exchange. With a strong focus on customer service, Public Bank Berhad has built a reputation for reliability and trust among its customers.
  • Hong Leong Bank Berhad: Known for its innovative banking solutions, Hong Leong Bank Berhad offers a range of currency exchange services, including competitive exchange rates, multi-currency accounts, and specialized services for businesses. Their extensive branch network and digital platforms ensure convenient and efficient currency exchange transactions.
  • AmBank (AmBank Group Berhad): As a leading financial institution in Malaysia, AmBank provides a wide range of currency exchange services to cater to both individual and corporate clients. Their online currency exchange platform offers convenient real-time currency exchange rates and seamless transactions. AmBank’s commitment to customer satisfaction and competitive exchange rates makes it a preferred choice among currency exchange users.

These 5 largest currency exchange service providers in Malaysia continue to drive the growth and modernization of the country’s financial sector, enabling seamless and secure currency exchange transactions for individuals, businesses, and international travelers alike.

N.J. Forex Sdn Bhd in Penang
N.J. Forex Sdn Bhd in Penang

The 7 Biggest Currency Exchange Service near Penang

Max Money – CIQ

  • Address: Lot 11, Level 3, Johor Bahru Sentral, Jalan Jim Quee, 80300 Johor Bahru, Johor, Malaysia
  • Map: Click here
  • Rating: 3.8 (12)
  • Phone: +60 7-221 3506
  • Website:
  • Opening hours:
    Monday: 8:00 AM – 12:00 AM
    Tuesday: 8:00 AM – 12:00 AM
    Wednesday: 8:00 AM – 12:00 AM
    Thursday: 8:00 AM – 12:00 AM
    Friday: 8:00 AM – 12:00 AM
    Saturday: 8:00 AM – 12:00 AM
    Sunday: 8:00 AM – 12:00 AM
  • Reviews:
    Magdalena Ladurner
    in the last week
    Same as one lady reviewed before. I didn’t check the money on spot and noticed only after I went in my hotel that it was RM39 short. They obviously took advantage of the fact that I’m a tourist and probably too gullible.. Please be aware here! Check what amount you’re giving and which you should be receiving.
    Rovitha G Pitus
    5 months ago
    Changed money today, and then my bad I didn’t check it on the spot. When I reached home, then I counted it. It was RM300 short. Guys please don’t get cheated like me. This money changer is ????????
    Kalai Vani✭✭✭
    4 years ago
    The rate is good but the staff name Ester Marietta is very rude.Whenever I change money she will return back the money in a bad manner.She will just throw the money?..What the hell!!!Few times i encounter this situation.I really hate to change money if i see she is on duty.I will try not to change the money with her.Really bad attitude and service.If you not happy working please find any other job that suits you.
    Chua Cayden✭✭✭✭✭
    a month ago
    Good exchange your money here
    Simply Boholana✭✭✭✭✭
    6 years ago
    Good customer service very efficient
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