Who can I send Malaysian ringgit (MYR) to?

You can send Malaysian ringgit (MYR) to individual and business bank accounts in Malaysia.

What information do I need about my recipient?

You’ll need their full name, bank name, and bank account number. This should be 7–20 digits long.

How much can I send to Malaysia?

If you are paying from another currency, you can send up to 975,000 Malaysian ringgit (MYR) per transaction. We may ask for more documents if you send more than 200,000 Malaysian ringgit (MYR).

How long does a money transfer to Malaysia take?

Once we receive and convert your money, it usually takes 2 working days to arrive in your recipient’s bank account. Conversion can take up to 2 working days. We’ll always give you an estimate for how long your transfer will take when you set it up. Learn more about how long transfers take

Are there any restrictions on sending to Malaysian ringgit (MYR)?

If your recipient has a non-resident local bank account in Malaysia, they can only receive a maximum of 10,000 Malaysian ringgit (MYR) per day. Their bank might close the account if they try to receive more than this.

Send money to Malaysia

Name: Wise
Rating: 4.8 (1030000 reviews)

Save on your online money transfer to Malaysia from Hong Kong. Transfer Hong Kong dollar to Malaysian ringgit quickly, safely and join over 12.8 million people using Wise.

Send money from Malaysia to Hong Kong instead.

Low fees — fees get cheaper the more you send
Lightning fast — money typically arrives in seconds
Perfectly predictable — lock in an exchange rate for up to 48 hours

Open an account

Rate guaranteed (8h)

You send exactly

Recipient gets

Paying with

Bank transfer

Bank transfer fee
0 HKD
Our fee
780.11 HKD

Volume discount

-37.53 HKD

Total included fees (0.30%)
742.58 HKD

Should arrive in seconds

You're sending a lot so we discounted our fee

Savings on this transfer, and eligible transfers for the rest of the month.

Learn more

Send money to Malaysia

Save on your online money transfer to Malaysia from Hong Kong. Transfer Hong Kong dollar to Malaysian ringgit quickly, safely and join over 12.8 million people using Wise.

Send money from Malaysia to Hong Kong instead.

Low fees — fees get cheaper the more you send
Lightning fast — money typically arrives in seconds
Perfectly predictable — lock in an exchange rate for up to 48 hours

Open an account

Rate guaranteed (8h)

You send exactly

Recipient gets

Paying with

Bank transfer

Bank transfer fee
0 HKD
Our fee
780.11 HKD

Volume discount

-37.53 HKD

Total included fees (0.30%)
742.58 HKD

Should arrive in seconds

You're sending a lot so we discounted our fee

Savings on this transfer, and eligible transfers for the rest of the month.

Learn more

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.

Get started

Sending 1,000 HKD with	Recipient gets(Total after fees)
	535.29 MYR
Transfer fee 10.09 HKD Exchange rate(1 HKD MYR) 0.540744 Exchange rate markup 0 HKD Cost of transfer 10.09 HKD

	496.37 MYR- 38.92 MYR
Transfer fee 65 HKD Exchange rate(1 HKD MYR) 0.530880 Exchange rate markup 18.24 HKD Cost of transfer 83.24 HKD

This applies when you pay in via bank transfer. How do we collect this data?

Amount

From

	Wise	HSBC HK
Recipient gets (Total after fees)	535.29 MYR	496.37 MYR
Exchange rate markup	0 HKD	18.24 HKD
Exchange rate (1 HKDMYR)	0.540744	0.530880
Transfer fee	10.09 HKD	65 HKD
Total transfer cost	10.09 HKD	83.24 HKD

Show more providers

This applies when you pay in via bank transfer. How do we collect this data?

We’re regulated in every available region
We help 12.8 million customers move £30bn every quarter, worldwide
Your transactions are extra-secure with our 2-factor authentication

How to send money to Malaysia from Hong Kong

Open a free account today in minutes. Then set up your first transfer in 3 easy steps.

Send to Malaysia to personal and business bank accounts in Malaysia. Your recipient doesn't need Wise to receive money.
If your recipient has Wise, you can look them up on our network and send to them in seconds.

Enter the amount you want to send from Hong Kong dollar to Malaysian ringgit. Check out the fees — and see exactly how much you’ll get on the other side.

Pay in Hong Kong dollar by bank transfer, card, or using money already in your Wise account. Once we get the money, we’ll convert it and send it to your recipient.
Depending on how you pay, this usually takes seconds.

Send money now

How to send money to Malaysia from Hong Kong

Open a free account today in minutes. Then set up your first transfer in 3 easy steps.

Send to Malaysia to personal and business bank accounts in Malaysia. Your recipient doesn't need Wise to receive money.
If your recipient has Wise, you can look them up on our network and send to them in seconds.

Enter the amount you want to send from Hong Kong dollar to Malaysian ringgit. Check out the fees — and see exactly how much you’ll get on the other side.

Pay in Hong Kong dollar by bank transfer, card, or using money already in your Wise account. Once we get the money, we’ll convert it and send it to your recipient.
Depending on how you pay, this usually takes seconds.

Send money now

How to send money to Malaysia from Hong Kong

Open a free account today in minutes. Then set up your first transfer in 3 easy steps.

Send to Malaysia to personal and business bank accounts in Malaysia. Your recipient doesn't need Wise to receive money.
If your recipient has Wise, you can look them up on our network and send to them in seconds.

Enter the amount you want to send from Hong Kong dollar to Malaysian ringgit. Check out the fees — and see exactly how much you’ll get on the other side.

Pay in Hong Kong dollar by bank transfer, card, or using money already in your Wise account. Once we get the money, we’ll convert it and send it to your recipient.
Depending on how you pay, this usually takes seconds.

Send money now

Larger transfers. Lower fees. Premium support.

Pay less when you send over 20,000 GBP or equivalent. Plus get dedicated support from our expert team

Learn about large transfers

Secure money transfers to Malaysia

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.

How we keep your money safe

Rock-solid technology
Super smart Wisers have built our industry-leading security systems from scratch over the last 12 years.
People who care, 24/7
With 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 ours
Your money is safeguarded, and held completely separate from ours, so it’s available to you all the time.

Best ways to send money to Malaysia with WISE

The best way to send Hong Kong dollar to Malaysian ringgit is from a Wise balance. 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 Transfer
Bank Transfer
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.

Cheapest way to send money to Malaysia from Hong Kong

The cheapest way to send 250,000 HKD to Malaysia is from a Wise balance and costs 739.91 HKD. We use the mid-market exchange rate — the fairest rate — and always show your fees upfront.

HKD

MYR

Sending 250,000 HKD	Transfer cost
Wise balance	739.91 HKD

Bank transfer	742.58 HKD

Fastest way to send money to Malaysia from Hong Kong

Sending money with Wise is super fast: 64% of transfers arrive in under 20 seconds, and 95% in less than a day. How long it takes depends on how you pay.

HKD

MYR

Sending 250,000 HKD	Should arrive
Wise balance	in seconds

Bank transfer	in seconds