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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 $12 for < MYR 30,000
SGD $2 for > MYR 30,000
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 $10 for < MYR 30,000.
SGD $15 for MYR external accounts (Non-malaysian account holders)
SGD $2 for > MYR 30,000
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
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