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Send money to Malaysia

Find the best way to transfer money from the United States to Malaysia.



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  • 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.

Compare ways of sending money to Malaysia

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.

Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer) Learn More
24 hours

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OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
Dunbridge Financial
Dunbridge Financial
24 hours

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Dunbridge Financial offers competitive exchange rates and zero fees on transfers to more than 120 countries.
Within minutes

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XE has fast transfers with low fees and a range of foreign currency tools.
Wise (TransferWise)
Within an hour
From $2.26

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Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.
Within minutes
From $0
SPECIAL OFFER ✓ Free transfers and better exchange rates available for new customers

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Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
Within an hour
From $1.99

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Use code Take10USD to get $10 off when you spend $20. Valid till 31 January 2022. T&Cs apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
OFX International Money Transfers (Business)
24 hours

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Business customers: Send safe, no-limit transfers with no fees and competitive exchange rates.

Compare up to 4 providers

How to send money to Malaysia from the United States

Here's our simple process for sending a money transfer to Malaysia as a cash pickup or bank transfer - the two options are similar:

  1. Compare your options. Use our table above to find a money transfer provider that sends USD to Malaysia. One may be better for cash pickups while another might be better suited to a bank transfer. Once you've found the best one for your requirements, click Go to site.
  2. Register for an account. You'll need to give your name, address, contact details, proof of ID and method of payment.
  3. Provide recipient details. Enter your recipient's name and contact information. If you're sending straight to their Malaysian bank account, you'll need the account number, SWIFT or IBAN plus their bank branch's address.
  4. Enter the transfer amount. Check you're happy with the fees, exchange rates and transfer speed, then enter the amount you wish to send. Many services give the amount of Malaysian Ringgit your recipient should receive, so double check this.
  5. Complete your transfer. Send your money transfer to Malaysia. Keep any reference number safe so you can track your transfer - your recipient may need it too.

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.

Ways to send and receive money

How to decide which option is best for you to send money to Malaysia.

  • Bank deposit. Most major banks in America let you wire money to banks in Malaysia. However, you might get weaker exchange rates and pay higher fees all for the privilege of a slower transfer.
  • Online money transfer services. Online companies like OFX and Dunbridge Financial make international money transfers to Malaysia easy with bank transfers or cell phone top ups often offered as easy delivery options.
  • Transfer agents across America. Many transfer providers have locations dotted all across America, making it easy for you to send money that can be easily picked up in similar agent locations in Malaysia.
  • Checks and money orders. If speed is not an issue, you can always pick up an international check from your bank or the US Postal Service to send to Malaysia.
  • Cash pick-up. Remitly and WorldRemit allow you to collect cash, even if you don't have a bank account in Malaysia.
  • Bank deposit. If you have a Malaysian bank account, you can have money transferred directly into this without having to make any trips to a money transfer agent location.
  • PayPal. The Xoom app allows you to receive money from the United States onto your cell phone, into your Malaysian bank account, or as a cash pick-up.
  • Checks and money orders. Both personal checks and money orders can be sent directly to you where you live but these tend to be the slower options.

What documents do I need to transfer money to Malaysia?

To send money from the United States to Malaysia, you'll need the following:

1. Photo identification

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.

2. Payment method

Your options depend on the provider's services. Popular methods include cash, debit or credit card payments, bank account transfers and personal checks.

3. Recipient information

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.

What documents do I need to receive money in Malaysia?

To collect money in person in Malaysia, the recipient will need:

1. Transfer number

The reference number - sometimes called a PIN, MTCN or tracking number.

2. Government-issued ID

A official ID, such as an Malaysian passport or driving license.

3. The transfer amount

To know how much has been sent, usually to within 10% of the total.

4. Sender information

The sender's name and address and the country from where the money was sent.

How much does it cost to send money to Malaysia from America?

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:

  • Exchange rates. The mid-market rate is the rate banks and transfer services use to trade between one another. It is the best rate that you can get. But not all money transfer providers offer you this mid-market rate so compare the exchange rate you're offered to the mid-market rate and look for the smallest difference.
  • Transfer fees. Are you being charged a flat fee or a percentage of your transfer amount? For example, a provider offering to transfer your money to Malaysia for a flat or low fee might work out better if you plan to send a large amount.
  • Transfer speed. If you need your transfer to arrive quickly, you can pay for a quick delivery. Companies such as Remitly and WorldRemit offer instant cash pickups but may charge more. If you're not in a rush, online money transfer services can offer the best value, usually getting your money to Malaysia faster and cheaper than banks.
  • Transfer limits. Find out how much you can send with each service. For example, one provider may have a send limit of $10,000 while another may allow you to transfer up to $1 million. For smaller transfers, check the fees. For large transfers, look harder at the exchange rate. Some providers encourage large transfers with low fees.
  • Transfer type. Does your recipient have a Malaysian bank account or is cash or cell phone top up the better option? Each transfer type will have different fees. For example, instant cash pickups tend to be more expensive than bank transfers.
  • Discounts. Some providers may offer you a free transfer simply for signing up while others may offer you a discount if you transfer more than a certain amount.
Looking for the best exchange rate? Discover the USD/MYR exchange rate rates and historical changes

Frequently asked questions

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10 Responses

    Default Gravatar
    HawkJanuary 28, 2019

    Does the recipient needs a valid Malaysian visa to pick up money in Kuala Lumpur?

      Avatarfinder Customer Care
      JhezJanuary 29, 2019Staff

      Hi Hawk,

      Thank you for your comment.

      According to one of the money transfer companies, the recipient must show a valid photo ID such as:

      – Passport
      – Driving licence
      – ID card/MyKad

      A Malaysian Visa is not really required.


    Default Gravatar
    LolitaApril 19, 2018

    Im in doubt, fr example, if someone oversea intend to send money, do i hv to pay fr itc international transfer commission? Jz wanna know fearing this all scammers

      Default Gravatar
      ArnoldApril 20, 2018

      Hi Lolita,

      Thanks for your inquiry

      Generally, it is the sender who shoulders the transfer fees. However, there are money transfer services that allow the receiver to pay the fees. It would be best to confirm this with the company chosen by the sender.

      Hope this information helps


    Default Gravatar
    AzriApril 3, 2018

    I just want to know what proof can we show the agent in Malaysia in claiming the money?

      Avatarfinder Customer Care
      JhezApril 4, 2018Staff

      Hello Azri,

      Thank you for your comment.

      Usually, if you’re to pick up the cash someone has sent you, you’ll need the details of the sender and the transaction number or the reference number. You also must bring your valid government-issued ID.

      To be sure, check with the remittance company the steps to claim the mooney.


    Default Gravatar
    melMarch 15, 2018

    It’s that true for the first online international banking he said during the process for the exchange rate of the payment transaction settlement for the money to be credited into your account in MYR you have to pay the online processing fee rm650 more or so because this the first time to get an online international payment transaction settlement from us company

      Avatarfinder Customer Care
      RenchMarch 20, 2018Staff

      Hi Mel,

      Thanks for your inquiry.

      Yes, there is a transfer fee that will be added to your total of money transfer. It will depend on which money transfer service you will use and the amount that you’ll transfer.

      Best regards,

      Default Gravatar
      QestinaApril 10, 2018

      Hi dear,I need to double confirm. It’s that true for the first online international banking he said during the process for the exchange rate of the payment transaction settlement for the money to be credited into your account in MYR you have to pay the online processing fee rm2950 more or so because this the first time to get an online international payment transaction settlement from us. But the agent call me and ask with me,regarding the charge of the fee..but I’m confused he give the personal account number with me.

      Avatarfinder Customer Care
      MayApril 10, 2018Staff

      Hi Qestina,

      Thank you for reaching out.

      If the money is sent directly to your bank account, usually your bank will be the one to charge you a fee for the inward transfer into your bank account. For legitimate money transfers, senders don’t usually ask for fees for sending you the money and they will not provide you with their personal bank account details. Best if you can confirm your transaction whether this is legit or not.


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