RemitFinder helps you compare international money transfer services when remitting money from Malaysia. Whether you are sending money to support family, pay bills abroad, or manage international expenses, comparing providers can help you save on exchange rates and fees.
On this page, you can explore where you can send money out of Malaysia, see which providers support each destination, and compare rates, transfer speed, payout options, and limits.
Not sure where to start? Browse all sending countries on our send money from hub.
Where Can You Send Money From Malaysia To?
Below are the destinations you can send Malaysia remittances from, grouped by region for easier browsing.
The below regions of the world are sorted alphabetically, and the countries within these regions are also sorted alphabetically for easier lookup.
Once you have located your destination country, click on it to compare numerous money transfer options for your chosen country combination.
Browse by region:
Africa | Asia | Caribbean | Europe | North America | Oceania | Polar Territories | South AmericaCountries in Africa you can send money to from Malaysia
Here are various countries in Africa that you can send Malaysia based money transfers to. Simply click on your destination country below to see the best exchange rates for sending Malaysian Ringgit remittances out of Malaysia to your chosen destination in Africa.
Countries in Asia you can send money to from Malaysia
Here are various countries in Asia that you can send Malaysia based money transfers to. Simply click on your destination country below to see the best exchange rates for sending Malaysian Ringgit remittances out of Malaysia to your chosen destination in Asia.
Countries in Caribbean you can send money to from Malaysia
Here are various countries in Caribbean that you can send Malaysia based money transfers to. Simply click on your destination country below to see the best exchange rates for sending Malaysian Ringgit remittances out of Malaysia to your chosen destination in Caribbean.
Countries in Europe you can send money to from Malaysia
Here are various countries in Europe that you can send Malaysia based money transfers to. Simply click on your destination country below to see the best exchange rates for sending Malaysian Ringgit remittances out of Malaysia to your chosen destination in Europe.
Countries in North America you can send money to from Malaysia
Here are various countries in North America that you can send Malaysia based money transfers to. Simply click on your destination country below to see the best exchange rates for sending Malaysian Ringgit remittances out of Malaysia to your chosen destination in North America.
Countries in Oceania you can send money to from Malaysia
Here are various countries in Oceania that you can send Malaysia based money transfers to. Simply click on your destination country below to see the best exchange rates for sending Malaysian Ringgit remittances out of Malaysia to your chosen destination in Oceania.
Countries in Polar Territories you can send money to from Malaysia
Here are various countries in Polar Territories that you can send Malaysia based money transfers to. Simply click on your destination country below to see the best exchange rates for sending Malaysian Ringgit remittances out of Malaysia to your chosen destination in Polar Territories.
Countries in South America you can send money to from Malaysia
Here are various countries in South America that you can send Malaysia based money transfers to. Simply click on your destination country below to see the best exchange rates for sending Malaysian Ringgit remittances out of Malaysia to your chosen destination in South America.
How can I send money from Malaysia?
Sending money internationally from Malaysia is easy. Simply search for your destination country to send Malaysian Ringgit money transfers from Malaysia. RemitFinder compares many money transfer operators for Malaysia remittances to your chosen destination in an easy to understand format.
Can someone from Malaysia send money?
Unless there are any sanctions or political restrictions in place in Malaysia, it should be permissible to send Malaysian Ringgit transfers out of the country. In case it is not allowed to send money from Malaysia, transfer companies will not accept remittance requests.
What is the best way to send money from Malaysia?
To find the best options to send MYR from Malaysia, simply compare available providers and pick the one that suits your needs best.
Cannot find your country? All supported destination countries are listed above, grouped by region.
Want to compare instantly? Use the transfer search below.
Simply choose your destination country for money transfers originating out of Malaysia, and change the transfer amount if needed to easily compare numerous money transfer providers for your next international money transfer.
Compare various money transfer operators to send money from Malaysia to your chosen destination easily. Simply choose your destination country above and search and compare options.
Popular Money Transfer Corridors From Malaysia
These are some of the most commonly used international money transfer routes from Malaysia.
Popular corridors
What Is The Currency In Malaysia?
The official currency of Malaysia is important to know when sending or receiving money internationally. Understanding the local currency helps you compare exchange rates, fees, and the final amount your recipient will receive.
Which currency is used in Malaysia?
The official currency of Malaysia is the Malaysian Ringgit (ISO code: MYR), and it is commonly represented by "RM".
How is Malaysian Ringgit written, and how many decimals does it use?
MYR amounts are typically shown with 2 decimal places.
- MYR 1250.50
- RM 1250.50
- MYR 0.25 = 25 sen
What is the subunit of 1 Malaysian Ringgit?
The subunit of Malaysian Ringgit is sen, and 1 MYR is divided into 100 sen.
Which other countries use the Malaysian Ringgit?
Malaysia is the main country that uses the Malaysian Ringgit.
When sending money from Malaysia, what currency do providers use?
International transfers from Malaysia are typically funded in Malaysian Ringgit and converted into the recipient's local currency before payout. Most providers covering Malaysia quote exchange rates directly in MYR, making the rate you receive a key factor in how much money arrives.
Why do MYR exchange rates vary between providers?
Exchange rates often differ due to FX spreads rather than visible fees, which means two transfers of the same MYR amount from Malaysia can result in different payout values.
What is the best way to compare the true cost of a MYR transfer from Malaysia?
The true cost of Malaysian Ringgit transfers sent from Malaysia is best understood by comparing the exchange rate alongside any applicable fees. This helps avoid overpaying and ensures your recipient receives maximum value.
Does comparing Malaysian Ringgit exchange rates really make a difference?
Yes. If you send money from Malaysia regularly, comparing Malaysian Ringgit exchange rates can make a meaningful difference over time.
Why Compare Money Transfer Services From Malaysia?
The cost and experience of sending money internationally can vary widely depending on where you are sending from. Money transfer services often price the same corridor differently based on local market conditions, which means Malaysian Ringgit exchange rates, fees, and transfer options from Malaysia may not match what is offered in other countries.
Fees also depend heavily on how you fund your MYR transfer from Malaysia. Bank transfers, debit cards, and credit cards can carry different costs, limits, and processing times in Malaysia, even when using the same provider.
Coverage is another important factor when sending money from Malaysia. Not all money transfer services support the same destination countries, payout methods, or currencies when transfers are initiated in MYR from Malaysia.
Transfer limits and verification requirements in Malaysia can further affect how much MYR you can send and how quickly your Malaysian Ringgit transfer is processed. These limits often vary by provider and funding method and may change once verification is completed.
Comparing money transfer services side by side helps you identify which providers actually work from Malaysia and which offer the best balance of Malaysian Ringgit exchange rates, fees, transfer speed, and reliability for your needs.
How Sending Money From Malaysia Works
Sending money from Malaysia typically involves choosing a transfer provider, selecting a funding method, and sending funds in MYR to a recipient abroad. Costs, processing time, and availability can vary based on local banking practices in Malaysia and the destination country.
What funding methods can I use to send MYR from Malaysia?
Most international transfers from Malaysia in MYR are funded using bank transfers, debit cards, or credit cards. Bank-funded transfers are often the most cost-effective option in Malaysia, while card-funded Malaysian Ringgit transfers can be faster but may come with higher fees or less favorable exchange rates.
What verification is required to send money from Malaysia?
When sending money from Malaysia, you are usually required to provide basic identity details. Additional verification may apply for higher-value MYR transfers or first-time transfers. These checks help keep Malaysian Ringgit transfers secure and compliant with regulations in Malaysia.
Are there limits on how much MYR I can send from Malaysia?
Transfer limits depend on the funding method you use and how frequently you send money from Malaysia. Some methods allow higher MYR limits once verification is complete, while others are restricted to lower amounts regardless of transfer history.
How long do MYR transfers from Malaysia take?
Some Malaysian Ringgit transfers from Malaysia are processed on the same day, while others may take longer. Processing time can be affected by banking hours, weekends, and public holidays in Malaysia.
Why can processing times vary when sending money from Malaysia?
Local banking practices in Malaysia, such as cut-off times, business days, and identification requirements, can influence when a Malaysian Ringgit transfer is processed and settled.
How can I avoid delays when sending money from Malaysia?
Comparing providers, choosing the right funding method, and understanding local rules in Malaysia can help ensure a smoother MYR transfer with fewer delays or surprises.
Payment Methods Available in Malaysia
The way you fund your money transfer from Malaysia can directly affect cost, speed, and convenience. Available payment methods are influenced by local banking adoption, card usage, and global remittance norms, which means options for sending MYR from Malaysia may differ from what is available elsewhere.
Payment method availability in Malaysia is determined by a combination of:
- Global remittance standards
- Local banking and card penetration prevalent in Malaysia
- Declining or limited use of cash-based funding methods within Malaysia
Below are the most common ways to fund international money transfers from Malaysia.
DuitNowRecommended
DuitNow is a real-time payment system prevalent in Malaysia. Launched by PayNet, DuitNow supports instant transfers in Malaysia via bank accounts, and can make payments fast and convenient.
Bank Transfer
Bank transfers are a common way to fund an international money transfer in Malaysia, especially for larger Malaysian Ringgit amounts. They are often priced more competitively than cards, but processing can depend on bank cut-off times, weekends, and local holidays in Malaysia.
Debit / Credit Card
Card payments in Malaysia can be convenient and are often the fastest way to fund a transfer sent in Malaysian Ringgit. They may come with higher fees or a less favorable MYR exchange rate than bank transfers, especially on larger amounts.
Cash
Cash-funded transfers in Malaysia can be useful when banking access is limited. Availability varies by country and provider, and cash options may involve extra steps or partner locations in Malaysia for payment and pickup.
Payment methods shown above for Malaysia include badges that highlight common characteristics. These indicators are based on typical usage patterns when sending MYR from Malaysia, but actual costs and speeds can vary by provider and destination.
Here are the badges and their definitions that we have used above to present payment methods in Malaysia:
- 🟢 Cheapest: This funding method often has lower fees or more competitive Malaysian Ringgit exchange rates.
- ⚡ Fastest: This method typically processes transfers more quickly, especially for smaller amounts.
- ⭐ Most Common: This funding method is widely supported for transfers from Malaysia.
- 🏦 Local Payment Method: This funding method is local to Malaysia and may be cheaper and faster as compared to other methods.
Payment method FAQs for Malaysia
Payment methods available in Malaysia can affect how quickly money is delivered and how much the transfer costs. Understanding the common options helps you choose the most suitable way to send or receive funds.
What payment methods are available in Malaysia?
In Malaysia, common payment options include DuitNow, Bank Transfer, Debit / Credit Card, and Cash. Availability, fees, and processing times can vary by provider and destination.
What is the recommended payment method in Malaysia?
DuitNow is often a solid default because it balances cost, speed, and availability. Your best option may still depend on the amount and provider.
Which payment method is usually the cheapest in Malaysia?
DuitNow is often the most cost-effective option for Malaysian Ringgit (MYR), though final costs depend on fees and exchange rates.
Which payment method is usually the fastest in Malaysia?
DuitNow is often the fastest option, especially for smaller transfers, though processing times can vary by provider.
What is the most common payment method in Malaysia?
DuitNow is widely supported across providers and is a reliable option for many transfers.
Which payment method is best for speed in Malaysia?
DuitNow and Debit / Credit Card are often best for speed in Malaysia. Often useful when you want to send and receive funds quickly. Actual costs and speed still depend on the provider.
Which payment method is best for faster checkout in Malaysia?
DuitNow, Debit / Credit Card, and Cash are often best for faster checkout in Malaysia. Can reduce checkout friction with quicker transaction confirmation. Actual costs and speed still depend on the provider.
Which payment method is best for convenience in Malaysia?
DuitNow and Debit / Credit Card are often best for convenience in Malaysia. Often easier to use with fewer steps to complete payment and receipt of funds. Actual costs and speed still depend on the provider.
Which payment method is best for lower fees in Malaysia?
DuitNow and Bank Transfer are often best for lower fees in Malaysia. Often a good choice if you want to minimize fees and improve overall value. Actual costs and speed still depend on the provider.
Which payment method is best for larger amounts in Malaysia?
Bank Transfer is often best for larger amounts in Malaysia. Often a better fit when sending and receiving bigger amounts, where fees and exchange rate margins matter more. Actual costs and speed still depend on the provider.
Which payment method is best for smaller amounts in Malaysia?
Debit / Credit Card is often best for smaller amounts in Malaysia. Often convenient for smaller transfers, though fees can still vary by provider. Actual costs and speed still depend on the provider.
Which payment method is best for limited banking access in Malaysia?
Cash is often best for limited banking access in Malaysia. Can help if banking access is limited in the country, depending on local availability. Actual costs and speed still depend on the provider.
Which payment method is best for cash senders in Malaysia?
Cash is often best for cash senders in Malaysia. Can work well if you prefer cash, though availability and limits vary by provider. Actual costs and speed still depend on the provider.
Tips For Sending Money From Malaysia
Sending money from Malaysia can be simple and cost-effective if you know what to look for. Below are practical tips to help you get better value, avoid common mistakes, and make the most of your Malaysian Ringgit (MYR) transfers.
Compare exchange rates from various providers in Malaysia
Many providers often advertise "low" or even "zero" fees, but make up the difference by offering weaker exchange rates.
When sending money from Malaysia in MYR, always compare the final amount the recipient receives, not just the upfront fee. A slightly higher fee with a stronger exchange rate can often work out cheaper overall.
The exchange rate on an international money transfer sent from Malaysia is one of the most important factors you should pay attention to.
Choose the right payment method for Malaysian Ringgit remittances
The way you fund your transfer from Malaysia matters.
Bank transfers are often the most cost-effective for larger MYR amounts, whilst debit or credit cards can be faster, but may come with higher fees or less favorable exchange rates.
Look for local payment methods in Malaysia (if available) as they can offer a good balance of speed and cost.
If you send Malaysian Ringgit overseas regularly, experimenting with different payment methods can lead to meaningful savings over time.
Be aware of transfer limits and regulations in Malaysia
Providers operating in Malaysia often apply different limits depending on how you send MYR and whether your account is fully verified. From Malaysia, higher-value transfers may require additional identity checks. Completing KYC (know your customer) and other regulatory requirements early can unlock better limits and reduce delays later.
MYR transfer timing can affect speed and cost
Bank-funded transfers from Malaysia usually follow local banking hours. Transfers initiated late in the day, on weekends, or during public holidays may take longer to process.
If speed matters, check cut-off times and consider faster payment options in Malaysia when available.
Watch out for Malaysian Ringgit conversion traps
In rare cases, some card issuers in Malaysia automatically convert MYR into another currency before the transfer is processed, often at poor rates.
To avoid this, send in MYR and let the money transfer provider handle the conversion, as this is usually cheaper and more transparent.
Find the best provider for the destination country
Not all providers offer the same pricing or payout options for every corridor from Malaysia. A service that works well for one destination may be expensive or slow for another.
Always compare providers specifically for your chosen destination to get the best payout for your Malaysian Ringgit money transfers.
We also recommend having accounts with several money transfer companies in Malaysia so you can capitalize on better rates and deals from them.
Small differences add up
If you send money from Malaysia regularly, even small improvements in MYR exchange rates or fees can make a big difference over time. Comparing providers before each transfer helps ensure more of your Malaysian Ringgit reaches its destination.
At RemitFinder, we make it easy to compare trusted money transfer services side by side, so you can send money from Malaysia knowing you are getting the best available option for your needs.
FAQs About Sending Money From Malaysia
Here are some additional questions that sometimes come up from our readers in Malaysia when it comes to sending money abroad.
Is it legal to send money from Malaysia to another country?
Sending money internationally from Malaysia is generally legal. Licensed money transfer providers operate under local and international regulations, which means transfers in Malaysian Ringgit (MYR) must meet standard identity and compliance checks.
That said, global political situations and financial restrictions may be in place for certain countries. Always check before you send MYR from Malaysia.
How can someone from Malaysia send me money?
If you wish to receive money from Malaysia, have the sender search for a suitable provider that supports Malaysian Ringgit transfers. Once they choose a suitable money transfer operator in Malaysia, they will need your bank or related information to send you the funds.
Do I need a bank account to send money from Malaysia?
Not always. Many providers allow you to send money from Malaysia using bank transfers, debit cards, or sometimes cash, depending on what is commonly supported locally.
Also, lookout for local payment options in Malaysia that can be cheaper and faster.
Overall payment method availability in Malaysia can vary by provider, transfer amount, and destination country.
Are there limits on how much I can send from Malaysia?
Yes. Transfer limits from Malaysia depend on the provider, the payment method you use, and whether your account is fully verified. Bank-funded transfers in MYR usually allow higher limits than card-based or cash-funded transfers.
How to send money internationally from Malaysia?
To send MYR from Malaysia, simply located your destination country above, or directly search for your chosen corridor. RemitFinder will show you a comparison table with various providers in Malaysia for your chosen destination.
Once you locate the provider of your choice, use their service to send money from Malaysia.
How can I reduce the cost of sending money from Malaysia?
The most effective way to lower the cost of Malaysian Ringgit transfers is to compare providers before you send.
Exchange rates, fees, and payout methods can vary significantly when sending Malaysian Ringgit from Malaysia, even for the same destination. Comparing options helps ensure more of your MYR reaches the recipient.
Which app is best to send money from Malaysia?
Depending on your chosen destination to send MYR from Malaysia, there may be several providers available. To easily compare them, use RemitFinder’s online comparison engine and pick the best provider for your Malaysia remittances.