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 from Singapore

Name: Wise
Rating: 4.8 (1030000 reviews)

Fast, low-cost, and secure online money transfers to Malaysia from Singapore.

Send money from Malaysia to Singapore 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 (80h)

You send exactly

Recipient gets

Paying with

PayNow

PayNow fee
0 SGD
Our fee
155.52 SGD
VAT
11.23 SGD

Volume discount

-15.09 SGD

Total included fees and taxes (0.30%)
151.66 SGD

Should arrive by Monday

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 from Singapore

Fast, low-cost, and secure online money transfers to Malaysia from Singapore.

Send money from Malaysia to Singapore 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 (80h)

You send exactly

Recipient gets

Paying with

PayNow

PayNow fee
0 SGD
Our fee
155.52 SGD
VAT
11.23 SGD

Volume discount

-15.09 SGD

Total included fees and taxes (0.30%)
151.66 SGD

Should arrive by Monday

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

How to send money to Malaysia from Singapore

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 Singapore dollar to Malaysian ringgit. Check out the fees — and see exactly how much you’ll get on the other side.

Pay in Singapore dollar by bank transfer, PayNow, 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 Singapore

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 Singapore dollar to Malaysian ringgit. Check out the fees — and see exactly how much you’ll get on the other side.

Pay in Singapore dollar by bank transfer, PayNow, 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 Singapore

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 Singapore dollar to Malaysian ringgit. Check out the fees — and see exactly how much you’ll get on the other side.

Pay in Singapore dollar by bank transfer, PayNow, 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

How we keep your money safe

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 from Singapore with WISE

The best way to send Singapore 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 Singapore

The cheapest way to send 50,000 SGD to Malaysia is from a Wise balance and costs 140.28 SGD. We use the mid-market exchange rate — the fairest rate — and always show your fees upfront.

SGD

MYR

Sending 50,000 SGD	Transfer cost
Wise balance	140.28 SGD

Bank transfer	151.66 SGD

Fastest way to send money to Malaysia from Singapore

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.

SGD

MYR

Sending 50,000 SGD	Should arrive
Wise balance	by Monday

Bank transfer	by Monday