Send Money to Malaysia
Here is some information for sending money to Malaysia:
Currency | Service | Fee | Transaction Limit | Estimated Arrival Time |
|---|---|---|---|---|
MYR | Bank Transfer - Instant Speed | IDR 65,000 | MYR 30 – MYR 50,000 | 20 minutes for payments before 15:30 (GMT+7) |
MYR | Bank Transfer - Normal Speed | IDR 45,000 | MYR 30 – MYR 999,999 | Same banking day for payments before 14:30 (GMT+7) |
MYR | e-Wallet (Touch ‘n Go) | IDR 65,000 | MYR 30 – MYR 20,000 | 1 hour for payments before 16:00 (GMT+7) |
USD | SWIFT | IDR 75,000 + IDR 330,000 (correspondent bank fee) | USD 1 - USD 100,000 | same banking day for payments before 12:00 (GMT+7) |
Can I send more than the transaction limit in a day?
Yes, you can. If you send more than the limit, we will require some supporting documents from you to verify the purpose of your transaction.
Transaction limit for non-resident bank account
Please note that if you’re sending money to a non-Malaysia resident bank account, the recipient can only receive MYR 10,000/day. So if you’re sending more than MYR 10,000 in a day, the amount received by the recipient will be split into several days.
For example, you’re sending MYR 25,000 to your recipient with a non-resident bank account in one transaction. Your recipient will receive the money completely in 3 days:
- MYR 10,000 in day 1
- MYR 10,000 in day 2
- MYR 5,000 in day 3
Things to note before sending money via e-Wallet (Touch ‘n Go)
In the case of sending money to Malaysia via e-Wallet, there are some things to keep in mind. Kindly check the complete requirements here.
Additional Information
For SWIFT (USD):
- Make sure that your recipient’s bank account currency is in USD.
- Make sure that you already have your recipient’s IBAN (if any) and SWIFT Code, as they are required for transactions via SWIFT.
- The recipient's full name registered in the bank account must be in alphabet letters, including numbers if any (example: VentureTech 365 Ltd).
- Some recipient banks might charge a fee which will deduct the amount received.
Updated on: 06/07/2026
Thank you!