Transfer Money to Malaysia
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Transfer Money to Malaysia

Save up to 85% with better than bank exchange rates
  • Compare the world's leading foreign exchange companies
  • Trusted by over 600,000 last year for a better deal

MyCurrencyTransfer.com is an award winning money transfer comparison site. Last year, we were voted best online service and were trusted by over 600,000 for a better money transfer deal.
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Compare Money Transfers to Malaysia

Compare the world's leading foreign exchange companies. Save up to 85%

Sending money to Malaysia? Compare & save in 3 simple steps

In just 3 simple steps, we will search to find you the cheapest money transfer deals. We list only FCA regulated companies so you can trust that our service is reliable and equitable; simply choose one from the table, submit your details and we do the rest.

Compare cheap money transfer deals to Malaysia

Perhaps you are sending money to family in Kuala Lumpur or undertaking a business placement in Johor Bahru. Whatever the reason or amount, let our currency comparison service help guide you on the options available. In less than 60 seconds, you can find a competitive online quote on MYR, tailored to your needs that will maximise the value of your money transfer to Malaysia. Our service aims to simplify your money transfer so that you know you are getting the best and cheapest rates when sending Ringgit to Malaysia (MYR).

We have helped over 600,000 people find a better deal on their money transfer so you can rest assured your money is in the safest of hands. Whether it be for overseas property, business or emigration, we will help you find the cheapest deal when sending money online to Malaysia.

What do I need to send money to Malaysia

CHECK LIST

For your convenience, we have compiled a checklist of the account details you will need to transfer money to the beneficiary.

Tick list
IBAN
example:
Not Applicable for Malaysia
internationally agreed means of identifying bank accounts across national borders with a redued risk errors.
Tick list
Swift/BIC code
example:
BANKMYXX-XXX
Society for Worldwide Interbank Financial Telecommunication more effiecient and secure system for inter bank communications and transfer of funds
Tick list
Bank Name/Address
the name and address of the recipient bank
Tick list
Account Number
example:
XXXXXXXX
the primary account number found on credt cards and bank cards
Tick list
Account holders name
the primay account name found on credit cards and bank cards

LIST OF BANKS TO TRANSFER TO IN MALAYSIA

  • Single bank
    Maybank
  • Single bank
    CIMB Group
  • Single bank
    AmBank Group
  • Single bank
    Bank Islam
  • Single bank
    RHB Banking Group
  • Single bank
    Public Bank Bhd

Money saving and currency tips for Malaysia

Information
Foreigners with Malaysian property exceeding a value of MYR 10 million may be subject to approval of the Foreign Investment Committee.
Information
You must download and submit three copies of the Social Visit Pass form, IM.12 which can be found on the Immigration Malaysia website.
Information
If emigrating to Malaysia, you will not need a Visa but make sure that your passport has at least another 6 months before its expiry date.
Information
Employment passes are issued to foreigners planning to work under contract for a minimum period of 2 years and earning a monthly income of MYR 3,000.
Popular transfer reason
The most popular reason for transfering money to Malaysia is
One-off payments
Average transfer
The average amount transfered to Malaysia is
207,787 MYR
Speed of transfer
Most transfers to Malaysia will be completed within
2 working days
Tax
Individual tax rate in Malaysia is
0-26%
Average property price
The Average property price per square meter in Malaysia is
6,614.15 MYR
Renting
The Average price of rent for a 3 bed city apartment in Malaysia is
2,641.36 MYR

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