Send money to Malaysia from abroad
- Low fees — fees get cheaper the more you send
- Lightning fast — money typically arrives in seconds
- Perfectly predictable — lock in an exchange rate for your international transfer
- Wire transfer fee6.11 USD
- Our fee19.30 USD
- You could save up to 98.96 USD
Should arrive in 28 minutes
Send money to Malaysia from abroad
- Low fees — fees get cheaper the more you send
- Lightning fast — money typically arrives in seconds
- Perfectly predictable — lock in an exchange rate for your international transfer
- Wire transfer fee6.11 USD
- Our fee19.30 USD
- You could save up to 98.96 USD
Should arrive in 28 minutes
Compare fees for when you send money to Malaysia
The total cost of a transfer is the fee plus exchange rate. If your provider says there’s no fee, check their exchange rate against the one Wise offers. You might be paying more than you think.
 Wise | Competitors |
|---|---|
Wise always gives you the real mid-market rate. No markups, no hidden profits. The fairest rate, every time. | Most providers hide their fees in the exchange rate. Compare their rate to Wise - any difference? That’s their cut. |
How to send money to Malaysia from abroad
Enter amount to send in USD.
Pay in USD with your debit card or credit card, or send the money from your online banking.
Choose your recipient.
Select who you want to send money to and which pay-out method to use.
Send USD, receive MYR.
The recipient gets money in MYR directly from Wise’s local bank account.
How much does it cost to transfer money to Malaysia from abroad?
The cheapest way to send 5,000 USD to Malaysia is by using money that is in your Wise account and costs 19.02 USD. We use the mid-market exchange rate — the fairest rate — and always show your fees upfront.
USD
MYR
| Sending 5,000 USD | Transfer cost | ||
|---|---|---|---|
| Wise account | 19.02 USD | ||
| Bank transfer | 25.41 USD | ||
| Direct debit | 27.78 USD | ||
How long will a money transfer to Malaysia from abroad?
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.
USD
MYR
| Sending 5,000 USD | Should arrive | ||
|---|---|---|---|
| Wise account | in seconds | ||
| Bank transfer | in 28 minutes | ||
| Direct debit | in seconds | ||
Best ways to send money to Malaysia from abroad with WISE
The best way to send United States dollar to Malaysian ringgit is by using money that's in your Wise account. It's cheapest and usually arrives in seconds. Bank transfers are also cheap, but can be slower.
Wise account
Wise account
If you have a Wise multi-currency account, you can use money in your account to fund your transfer. It’s cheap and fast — just set up your money transfer as you normally would, and choose a Wise account transfer when paying.
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.
Direct Debit is a convenient option that lets us take money from your account once you have authorised the payment on our site. It takes a little more time for your money to reach Wise, and it can be more expensive than a bank transfer.
How to receive money in Malaysia from abroad
When you transfer with Wise, you can receive to local bank accounts — no need for a Wise account. And since our price is transparent, you know exactly what you’ll get on the other side.
Local bank account
Local bank account
For local bank account transfers you’ll need to have the recipient’s account details to ensure a smooth transfer. Learn more about bank transfers.
Mobile money
Mobile money
To make a mobile phone number money transfer all you’ll need is the recipient’s mobile phone number to get your money moving. Learn more about Mobile money transfers.
Email
Email
To make payments using only email, all you need is your recipient’s email address. Learn more about Email transfers.
How we keep your money safe
Every transfer you make is protected with HTTPS encryption and 2-step verification. And we run millions of checks each day to protect every transaction from fraud.
- Rock-solid technologySuper smart Wisers have built our industry-leading security systems from scratch over the last 12 years.
- People who care, 24/7With over 1,000 anti-fraud specialists, and real human help available every minute, we’re on hand when you’ve got questions.
- Your money, not oursYour money is safeguarded, and held completely separate from ours, so it’s available to you all the time.
Send money to Malaysia from abroad with the Wise app
Looking for an app to send money to Malaysia from abroad? Sending money is easy with Wise app.
Cheap transfers abroad
Free from hidden fees, you’ll always get the mid-market exchange rate with Wise.
Track exchange rates
Save your favourite currencies to check how the exchange rate changes over time.
Real-time notifications
Know exactly what you’ve spent, as soon as you spend it.
Send money to Malaysia from abroad with the Wise app
Looking for an app to send money to Malaysia from abroad? Sending money is easy with Wise app.
Cheap transfers abroad
Free from hidden fees, you’ll always get the mid-market exchange rate with Wise.
Track exchange rates
Save your favourite currencies to check how the exchange rate changes over time.
Real-time notifications
Know exactly what you’ve spent, as soon as you spend it.
See where Wise works
- Send money
- Account details
- Hold and convert money
