Where to exchange money in Butterworth
Before you set out exploring in Butterworth, it's wise to be as prepared as possible for your trip. One important thing is knowing the local currency if it differs from your own and where you can exchange it.
In this article you will discover some of the best currency exchanges in Butterworth that you can visit.
We will also introduce Wise - A digital alternative which could save you time and money.
Where to exchange money in Butterworth
Before you set out exploring in Butterworth, it's wise to be as prepared as possible for your trip. One important thing is knowing the local currency if it differs from your own and where you can exchange it.
In this article you will discover some of the best currency exchanges in Butterworth that you can visit.
We will also introduce Wise - A digital alternative which could save you time and money.
Spend abroad without hidden fees
Currency exchanges in Butterworth
Consider using digital alternatives like Wise when looking at currency exchanges. If you still need to have some physical cash, here are a list of currency exchanges you can find in Butterworth.
A reminder from us - There's no such thing as 0% commission or fee-free so remember to do your research and make an informed decision.
| Money Changer | Address | Contact Information |
|---|---|---|
| HME Money Changer @ Sunway Carnival Mall Basement Parking Zone B | B-K01, Sunway Carnival Mall, 3068, Jalan Todak, Pusat, 13700 Seberang Jaya, Pulau Pinang, Malaysia | +60 11-5871 5242 |
| Ria Money Transfer | 2787, Jalan Chain Ferry, Taman Inderawasih, 13600 Perai, Pulau Pinang, Malaysia | +60 1-800-88-2077 |
| SHARAFATH ALI MONEY CHANGER (KEPALA BATAS) | 9, Jalan Butterworth, 13200 Kepala Batas, Pulau Pinang, Malaysia | +60 14-345 7485 |
| HME Money Changer @ Prangin Mall | Lot G-11, Prangin Mall, 33, Jalan Dr Lim Chwee Leong, 10100 George Town, Penang, Malaysia | +60 11-1166 4786 |
| Pacific Money Exchange Sdn Bhd | Lot 5, Basement, Megamall Pinang, 2828, Jln Baru, Bandar Perai Jaya, 13600 Perai, Penang, Malaysia | +60 4-399 7077 |
| Triple Trillion Sdn Bhd | 6994, Ground Floor, Jalan Ong Yi How, Taman Teratai, 13400 Butterworth, Pulau Pinang, Malaysia | +60 19-508 5180 |
| Lotus Remit Bukit Mertajam | 158, Jalan Datuk Ooh Chooi Cheng Bukit Mertajam, 14000 Penang, Pulau Pinang, Malaysia | +60 4-538 3539 |
| HME Money Changer @ Juru Autocity | 1639 & 1640 Jalan Perusahaan Bukit Tengah, Taman Pelangi, 13600 Bukit Mertajam, Pulau Pinang, Malaysia | +60 4-508 8581 |
| EPSON ENTERPRISE | 14, Jalan Bagan 1, Taman Bagan, 13400 Butterworth, Pulau Pinang, Malaysia | +60 12-480 0001 |
| Merchantrade | 5, Jalan Aston, 14000 Bukit Mertajam, Pulau Pinang, Malaysia | +60 4-537 4707 |
| Penang Sentral | 6, Jalan Pantai, 12000 Butterworth, Pulau Pinang, Malaysia | +60 4-313 9888 |
| TRIPLE TRILLION SDN BHD | L2-07, TERMINAL PENGAKUTAN PENANG SENTRAL, JALAN, Kampung Bagan Dalam, 12100 Butterworth, Pulau Pinang, Malaysia | +60 4-313 3242 |
| Western Union | 4216, Jalan New Ferry, 12100 Butterworth, Pulau Pinang, Malaysia | +60 4-333 2873 |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
Malaysian ringgit rate today
The accepted currency in Butterworth and across Malaysia is the Malaysian ringgit.
However, when you visit a currency exchange, you'll find that they use currency codes. Specifically, the currency code for the Malaysian ringgit is MYR. Keep an eye out for this code if you're comparing exchange rates.
What you should know about exchanging money in Butterworth
When exchanging money in Butterworth or any foreign city, it's important to be aware how to get the best deals and avoid excessive charges and hidden fees. If you are planning on staying in Malaysia long-term or looking to make a larger investment you could consider opening a local bank account. Otherwise, use the tips below to help avoid getting overcharged.
1. Be wary of 'zero fee' services
Some services claiming 'no commission' often offer poor exchange rates. These may not reflect the mid-market rate, similar to what you'd see when checking the rate on Google. This can lead to higher costs for you and more profits for them.
2. Research the exchange rate
Check what the current exchange rate is so it's easier to spot a bad deal from currency exchanges.
3. Avoid exchanging money at airports or hotels
It may be highly convenient, but airports and hotels will almost always offer poor rates and high transaction fees. Avoid this where possible.
4. Use ATMs strategically
Check if your local bank has partnerships in Malaysia banks to avoid unwanted ATM fees. It's becoming less of a requirement, but it can be good to inform your bank before traveling too.
5. Pick local currency on ATMs and card payments
When using an ATM abroad, choose to be charged in Malaysian ringgits for a fairer rate and fees. The same applies if you get the option on card machines.
Consider an alternative to physical currency exchanges
Say goodbye to overcomplicated currency exchange. Wise can help you get a better deal on currency conversion in over 40 currencies, with the mid-market exchange rate and low fees.
Open a personal Wise account online or in the Wise app, and order a linked debit card for a one-time fee to spend and withdraw money in 150+ countries.
There’s no fee to spend any currency you hold, and no foreign transaction fee to worry about. Use your account when you travel or shop online in foreign currencies, send payments in 70+ currencies, and get your own local account details in 9 currencies.
Other currency exchanges
Bottom line
From the list above you should have plenty of options for finding a physical currency exchange in Butterworth. If you'd like more options, try searching on a search engine like Google.
Finally, don't forget to check out Wise - The digital alternative to exchanging and spending cash abroad.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.