- Send money to 130+ countries
- Competitive exchange rates that are often better than banks'
- Low transfer fees
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Looking for the best way to send money from the United States to family, friends or businesses in Malaysia (or even to your own bank account)? Don't head straight to your American bank - turn to online money transfer services instead. They nearly always offer better exchange rates and lower fees - which means for the same amount of dollars you send, the recipient will receive more ringgits.
Use our table below to compare services that send money from America to Malaysia. Compare the money transfer providers' fees and speeds, then click "Go to site" when you've found the best one to send your US Dollars to Malaysia.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Here's our simple process for sending a money transfer to Malaysia as a cash pickup or bank transfer - the two options are similar:
If you send to a Malaysian bank account, your recipient just needs to wait for the funds to arrive. For a cash pick up, your Malaysian recipient will need to show some form of photo ID in order to pick up the funds. It's also important that you give them the transaction reference number to streamline the process.
For larger transfer amounts, you may need to phone the agent location to ensure it has enough cash available.
How to decide which option is best for you to send money to Malaysia.
To send money from the United States to Malaysia, you'll need the following:
Most providers require a driver's license, passport or other American government-issued ID. You can send transfers without ID but may need to give your instead.
Your options depend on the provider's services. Popular methods include cash, debit or credit card payments, bank account transfers and personal checks.
You'll need their name (matching their ID) plus contact details. If sending to a Malaysian bank account, you'll need the a/c number, SWIFT and branch details.
To collect money in person in Malaysia, the recipient will need:
The reference number - sometimes called a PIN, MTCN or tracking number.
A official ID, such as an Malaysian passport or driving license.
To know how much has been sent, usually to within 10% of the total.
The sender's name and address and the country from where the money was sent.
The cost of sending money to Malaysia from the United States depends on the exchange rate between USD to MYR, the fees, how you want your recipient to receive your transfer and the turnaround time:
Sigue offers speedy money transfers to 50+ countries, but you have to set up a transfer to see the transaction fees.
Pairing international calls with money transfers makes Boxypay a unique choice.
TransferMate can help your business send money across the globe. Read our review to find out about exchange rates, fees and safety.
Check out this side-by-side comparison of XE and OFX to find out which provider offers the best value on international money transfers.
We compare XE’s and Western Union’s fees, exchange rates and transfer speeds side by side.
If you’re thinking of sending an international money transfer with WireBarley, check out our review of its exchange rates, fees and pros and cons.
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Trying to decide between Remitly and Ria? We compare the fees, rates, features and transfer speeds of both to help you make your decision.
Compare exchange rates, fees and transfer speeds from this international business transfer service.
This provider offers fast transfers — but only if you live in Chicago. Learn what to expect and what other options are available across the US.
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