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 5 - USD 100,000

1 banking day for payments before 16:00 (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.