Where to exchange money in Tawau
If you’re planning a trip to Tawau, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Tawau. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
Where to exchange money in Tawau
If you’re planning a trip to Tawau, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Tawau. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
Spend abroad without hidden fees
Currency exchanges in Tawau
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 Tawau.
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 |
|---|---|---|
| Insa Money Changer Centre Sdn Bhd （印沙外币兑换中心) | TB18, BA, Jalan Dunlop, Bandar Tawau, 91000 Tawau, Sabah, Malaysia | +60 89-753 118 |
| JAGS MONEY, Tawau | TB 4382, Ground floor, lt 7, block A, Pasar Raya Plaza, Bandar Tawau, 91000 Tawau, Sabah, Malaysia | |
| WESTERN UNION (HORIZON REMIT SDN BHD ) | Lot 32, Grace Plaza, Jalan Habib Sheikh, Bandar Tawau, 91000 Tawau, Sabah, Malaysia | +60 89-749 786 |
| Ria Money Transfer | Jalan Dunlop, Bandar Tawau, 91000 Tawau, Sabah, Malaysia | +60 1-800-88-2077 |
| SMJ Money Tranfer | 110, Jln Belian, Bandar Tawau, 91000 Tawau, Sabah, Malaysia | |
| TML Remittance Center (Merotai) | Lot 238327/230912, Jalan Jambatan Kampung Murut, 91010 Tawau, Sabah, Malaysia | +60 89-744 044 |
| Kedai 88 Asli Sdn. Bhd. | Jalan Dunlop, Bandar Tawau, 91000 Tawau, Sabah, Malaysia | |
| TML Remittance Center (Tawau - Jalan Dunlop) | Ground Floor, TB 1027, Jalan Dunlop, Bandar Tawau, 91000 Tawau, Sabah, Malaysia | +60 12-696 8771 |
| EZ Money Currency Exchange | Jalan Teratai, Bandar Lahad Datu, 91100 Lahad Datu, Sabah, Malaysia | +60 16-826 5711 |
| Chen Yun Hiong | Bangunan Kojasa, TB2602, Jalan Dunlop, 91000 Tawau, Sabah, Malaysia | +60 89-776 389 |
| Pengurup Wang Thai Hing | TB4382, BA, Blok A, Jalan Pasar, Pasaraya Plaza, Tawau, 91000, Tawau, Sabah, 91000 Tawau, Sabah, Malaysia | +60 89-761 506 |
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 currency used in Tawau, as well as the rest of Malaysia is Malaysian ringgit.
However, when visiting a currency exchange shop you will notice they use currency codes. The code for Malaysian ringgit is MYR. Keep an eye out for this if you want to compare exchange rates.
What you should know about exchanging money in Tawau
You can follow a few simple tips which could help save money when exchanging currency in Tawau. By increasing your awareness you can be better prepared for currency exchanges wherever you are.
1. Beware of 'zero fee' services
Some services will claim 'no commission'. This can be misleading as they will often have hidden a markup by offering you a worse exchange rate.
2. Know the current exchange rate
Be familiar with the current exchange rate to help identify a bad deal from exchange services.
3. Avoid exchanging money at airports or hotels
The convenience of exchanging currency at airports and hotels often comes at a price. That price will come as poor exchange rates and high transaction fees. Try to use this as a last resort.
4. Avoid scams
Be cautious of street vendors or unofficial exchange services that may offer seemingly attractive rates. Stick to recognised establishments to avoid falling victim to scams or fraudulent practices. Your financial security should always be a top priority.
5. Opt for local currency
When using an ATM abroad, pick the option to be charged in Malaysian ringgits for a fairer rate to avoid undisclosed exchange rates. Picking the local currency will almost always be cheaper.
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
As you can see, there are plenty of options for exchanging money in Tawau. Remember to do your research on the exchange rate and get the most out of your trip. For a fuss-free alternative to exchanging cash, check out Wise.
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.