Trusted by 3M+ people around the world
GOOGLE PLAY •22K REVIEWS
APP STORE • 12K REVIEWS
Sending ringgit from Türkiye
There's a reason this corridor has been badly served. ringgit are a thin market for banks in Türkiye, so they price it lazily or refuse it. Malaysia is a major study destination for North African and Middle Eastern students, and a halal trade partner.
Grey treats USD to MYR as a first-class route. You see the rate, you see the fee, and Maybank or any Malaysian bank receives a domestic credit.
How sending to Malaysia works
Sign up
Scan your passport or kimlik, take a selfie, and Grey opens a USD account in your name. That's the account your foreign income lands in. Grey works with licensed partners serving Türkiye.
Fund
No Türkiye bank transfer in. Instead, foreign income arrives in USD, EUR or GBP and waits on Grey until you send to Malaysia.
Send
Malaysia needs the recipient's bank and account number, and Grey validates the account name before you confirm the MYR amount.
Where the cost hides on this route
The MYR your recipient receives at Maybank, CIMB, Public Bank, RHB, Hong Leong is fixed at confirmation and shown separately from the fee. What you see in Istanbul is what arrives.
Your rate is fixed when you tap send
Once you confirm in Istanbul, the MYR amount is done. Grey carries the currency risk between confirmation and settlement in Kuala Lumpur, not you and not your recipient.
For a fee or a rent, that certainty is the point.
A route priced like an afterthought
Formal transfers from Türkiye to Malaysia were priced for years as if nobody would compare. For years, families sent to Malaysia through dollar transfers with wide margins, or through informal agents with no recourse. Neither is right for money that covers a young person's rent. Grey shows the comparison before you pay.
What your recipient sees in Kuala Lumpur
A normal MYR credit into the recipient's account at Maybank, CIMB, Public Bank, RHB, Hong Leong or any Malaysian bank. It shows up like a domestic deposit. Your recipient in Kuala Lumpur never has to download anything, and you track it from Istanbul.
MYR in, nothing out
No receiving fee, no deduction at Maybank.
Same-day in most cases
Funded transfers from Istanbul usually settle in Malaysia the same day.
If they're on Grey too
GreyTag skips the bank entirely and lands in seconds.
Funding options
Senders in Istanbul don't fund Grey from a local bank. Turkish exporters and freelancers receive USD into Grey from foreign buyers and clients. Sending from that balance avoids the lira leg entirely.
From an employer abroad
Payroll into your Grey USD account, then straight to Kuala Lumpur.
From platforms
Upwork, Fiverr and Deel payouts land in Grey and convert to MYR.
From family
A GreyTag from a relative funds a transfer to Malaysia in seconds.
Weekly payments to Kuala Lumpur are easier with a standing balance than with a fresh top-up from Istanbul every time.
The typical Türkiye to Malaysia sender
Monthly allowance
Food, transport and phone credit for students in Cyberjaya, Subang and Petaling Jaya.
Immigration and insurance
EMGS renewals, student pass fees and medical insurance paid in ringgit.
Business
Paying Malaysian suppliers, contractors and staff.
Tuition and hostel
Semester fees and accommodation at Limkokwing, UCSI, Taylor's, MMU, UM and Sunway.
For senders in Istanbul and Ankara, the Kuala Lumpur side matters most. Malaysia is a major study destination for North African and Middle Eastern students, and a halal trade partner. From Istanbul and Ankara, the senders are a mix of families, students' parents and businesses.
Why Grey for Türkiye to Malaysia
The value of a transparent USD to MYR rate isn't visible on any single payment. It shows up in the annual total for a sender in Istanbul, and in never having to explain to someone in Kuala Lumpur why the money arrived short.
Rate and fee shown up front in Istanbul. Settlement in MYR to the recipient's own bank in Malaysia, usually the same day.
Get digital banking
at your fingertips
