International money transfers

Join over 16 million people who choose Wise for fast and secure online money transfers.

Regulated by Central Bank of Malaysia
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Trusted by 16 million customers
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  • 0 MYR
  • 8.74 MYROur fee
  • 8.74 MYRTotal fees
  • =
    991.26 MYRTotal amount we’ll convert
  • ×
    0.2090
Get started

Find out how much it costs to send money abroad

Sending 1,000 MYR withRecipient gets(Total after fees)and transfer speed
Wise
207.18 USD
Transfer fee
8.74 MYR
Exchange rate(1 MYR USD)
0.209008
Exchange rate markup
0 MYR
Cost of transfer
8.74 MYR

Instarem.
206.70 USD- 0.48 USD
Transfer fee
9.50 MYR
Exchange rate(1 MYR USD)
0.208678
Exchange rate markup
1.58 MYR
Cost of transfer
11.08 MYR

CIMB Bank
203.63 USD- 3.55 USD
Transfer fee
10 MYR
Exchange rate(1 MYR USD)
0.205684
Exchange rate markup
15.90 MYR
Cost of transfer
25.90 MYR

Maybank
174.51 USD- 32.67 USD
Transfer fee
153.46 MYR
Exchange rate(1 MYR USD)
0.206143
Exchange rate markup
13.71 MYR
Cost of transfer
167.17 MYR
This applies when you pay in via bank transfer or ACH payments. How do we collect this data?
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Send money abroad from Malaysia in 3 easy steps

Large amount of currency illustration

Get dedicated support for large transfers

Moving big money? Get our how to guide and start a chat with our team of large-amount experts.

Get started with large transfers

How to send money abroad from Malaysia

How to send money abroad from Malaysia

  1. Just tap in how much, and where to.
  2. Then make a local payment to Wise, whether it's with a bank transfer, swift or your debit or credit card.
  3. And that's it.

Wise converts your money at the 'inter-bank' rate – the real rate – so you save big time (even versus the guys saying there's 'zero' commission). On Wise, there's no room for sneaky bank surcharges or creeping hidden charges.

How much does it cost to transfer MYR to USD?

Pay a small, flat fee and percentage

To send money in MYR to USD, you pay a small, flat fee of 2.19 MYR + 0.66% of the amount that's converted (you'll always see the total cost upfront). See our transfer calculator.


Fee depends on your chosen transfer type

Some transfer types have different fees which are usually tiny.


No hidden fees

No big fees, hidden or otherwise. So it's cheaper than what you're used to.

Wise
Fees for our low cost transfers
Fixed fee
2.19 MYR
Variable feeup to 592,536 MYR/month
0.66%
Variable feemore than 592,536 MYR/month

How long will a money transfer take?

On many popular routes, Wise can send your money within one day, as a same day transfer, or even an instant money transfer.

Sometimes, different payment methods or routine checks may affect the transfer delivery time. We’ll always keep you updated, and you can track each step in your account.

Your transfer route

MYR
USD

Should arrive

by Monday

How to send money from MYR to USD

Best ways to send money internationally

  • Bank Transfer

    Bank transfers are usually the cheapest option when it comes to funding your international money transfer with Wise. Bank transfers can be slower than debit or credit cards, but they usually give you the best value for your money. Read more how to use bank transfers as a payment option.

Protecting you and your money

Safeguarded with leading banks

We hold your money with established financial institutions, so it’s separate from our own accounts and in our normal course of business not accessible to our partners. Read more here.

Extra-secure transactions

We use 2-factor authentication to protect your account and transactions. That means you — and only you — can get to your money.

Data protection

We’re committed to keeping your personal data safe, and we’re transparent in how we collect, process, and store it.

Dedicated anti-fraud team

We work round the clock to keep your account and money protected from even the most sophisticated fraud.

Online scams are on the rise. Learn how to stay safe.

Send money abroad with the most international app

Looking for an app to send money abroad? Send money, receive payments from abroad, check exchange rates – all in one app.

  • Cheaper transfers abroad - free from hidden fees and exchange rate markups.
  • Check exchange rates - see on the app how exchange rates have changed over time.
  • Repeat your previous transfers - save the details, and make your monthly payments easier.
Learn more about the Wise app

Trustpilot score 4.3 out of 5, from 216,258 reviews

It’s your money. You can trust us to get it where it needs to be, but don’t take our word for it. Read our reviews at Trustpilot.com.

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