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Send money via direct debit

Send money via direct debit from our website or mobile app, in just a few clicks. Join over 12.8 million people who choose Wise for fast and secure money transfers.
Availability of the payment type depends on the currency or the region.
Read more
  • 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
 Rate guaranteed (68h)
  • Online banking (FPX) fee
    0 MYR
  • Our fee
    216.95 MYR

Total included fees (0.72%)
216.95 MYR
  • You could save up to 2,545.19 MYR

Should arrive by Tuesday, 10 June

Send money via direct debit

Send money via direct debit from our website or mobile app, in just a few clicks. Join over 12.8 million people who choose Wise for fast and secure money transfers.
Availability of the payment type depends on the currency or the region.
Read more
  • 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
 Rate guaranteed (68h)
  • Online banking (FPX) fee
    0 MYR
  • Our fee
    216.95 MYR

Total included fees (0.72%)
216.95 MYR
  • You could save up to 2,545.19 MYR

Should arrive by Tuesday, 10 June

How to send money via direct debit in 3 easy steps

How to send money via direct debit

  • Send to bank accounts around the world. Your recipient doesn't need Wise to receive money. Just enter bank details like you would a domestic transfer.
  • 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. Check out the fees — and see exactly how much you’ll get on the other side.
  • Pay in Malaysian ringgit by bank transfer, FPX, 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.

How to send money via direct debit in 3 easy steps

How to send money via direct debit

  • Send to bank accounts around the world. Your recipient doesn't need Wise to receive money. Just enter bank details like you would a domestic transfer.
  • 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. Check out the fees — and see exactly how much you’ll get on the other side.
  • Pay in Malaysian ringgit by bank transfer, FPX, 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.

How to send money via direct debit in 3 easy steps

How to send money via direct debit

  • Send to bank accounts around the world. Your recipient doesn't need Wise to receive money. Just enter bank details like you would a domestic transfer.
  • 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. Check out the fees — and see exactly how much you’ll get on the other side.
  • Pay in Malaysian ringgit by bank transfer, FPX, 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.

What is Direct Debit money transfer?

Whether you call it a direct debit or an EFT, direct debit money transfers are often one of the cheapest ways to make a Wise international payment. It’s convenient to arrange a direct debit to Wise - you can often get set up online or in your bank’s mobile app, so you don’t even need to leave home.

You can make a Wise direct debit money transfer of up to 9,500 CAD in 24 hours from a personal account. There’s also a limit of 30,000 CAD a week. You can send direct debit payments from a business bank account, too, as long as you have a Wise Business account.

When you set up a Wise money transfer and pay by direct debit, the exchange rate is guaranteed as soon as you authorize payment to Wise. That means there are no surprises if the rates change while your direct debit is winging its way to Wise - you’ll know exactly how much your transfer will cost you, and what rate you’re getting, straight away.

Learn more about using direct debit transfers.

Online money transfer fees

How much does it cost to send money via direct debit?

To send money via direct debit with Wise, you will pay a small, flat fee and a percentage of the amount that's converted. We will always show you the total cost upfront - and you can rely that we won't hide any further fees in the exchange rate.

Sending money shouldn’t cost the earth, so we built Wise to save you money when you transfer and exchange internationally. We charge as little as possible: right now a tiny fee, eventually free.

No big fees, hidden or otherwise. So it's cheaper than what you're used to.

Cheapest way to send money abroad from Malaysia

The cheapest way to send 30,000 MYR to IDR is from a Wise balance and costs 214.51 MYR. We use the mid-market exchange rate — the fairest rate — and always show your fees upfront.

MYR

IDR

Sending 30,000 MYRTransfer cost
Wise balance214.51 MYR

Bank transfer216.95 MYR

See where Wise works

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.

  • 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.

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