Malaysia
Transfer Methods
Method 1
Method 2
Rate
Lower charges
Service
No Limit
Advantages
Charges Details
Via Bank
Direct to Bank
Direct credit into bank account
Transaction Charges
SGD 10 for < MYR 30,000
*Please note that there is a flat fee of SGD 2.00 above the charges stated above
Transaction Limit
Max per transaction: No Limit.
Min per transaction: MYR 1.00
Recipient Receives
Recipient receives amount (less charges) as specified by Sender
Area Availability
Malaysia Nationwide
Transaction Turnaround Time
Credited within 1 to 2 business days from transaction process date, Mon-Fri
For Recipient to Receive NETT
NA
Via Online Local Transfer (Agency)
Direct to Account
Direct credit into bank account
Transaction Charges
SGD 8 for < MYR 30,000.
SGD 15 for MYR external accounts (Non-malaysian account holders)
*Please note that there is a flat fee of SGD 2.00 above the charges stated above
Transaction Limit
Max per transaction: No Limit.
Min per transaction: MYR 1.00
Recipient Receives
Beneficiary receive NET amount as specified by Sender
Area Availability
Malaysia Nationwide
Transaction Turnaround Time
Credited within 1 to 2 business days from transaction process date, Mon-Fri