Send money to Malaysia

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

Regulated by the Monetary Authority of Singapore (MAS)
Learn more
Over 16 million customers
Read on Straits Times
  • 0.39 SGD
  • 6.17 SGDOur fee
  • 6.56 SGDTotal fees
  • =
    993.44 SGDTotal amount we’ll convert
  • ×
    3.5162

Save when you send money to Malaysia

Sending 1,000 SGD withRecipient gets(Total after fees)and transfer speed
Wise
3,494.51 MYR
Transfer fee
6.17 SGD
Exchange rate(1 SGD MYR)
3.51621
Exchange rate markup
0 SGD
Cost of transfer
6.17 SGD

Instarem.
3,487.83 MYR- 6.68 MYR
Transfer fee
7.50 SGD
Exchange rate(1 SGD MYR)
3.51419
Exchange rate markup
0.57 SGD
Cost of transfer
8.07 SGD

Remitly
3,439.34 MYR- 55.17 MYR
Transfer fee
1.99 SGD
Exchange rate(1 SGD MYR)
3.44619
Exchange rate markup
19.91 SGD
Cost of transfer
21.90 SGD

OFX
3,425.99 MYR- 68.52 MYR
Transfer fee
0 SGD
Exchange rate(1 SGD MYR)
3.42599
Exchange rate markup
25.66 SGD
Cost of transfer
25.66 SGD

This applies when you pay in via bank transfer or ACH payments. How do we collect this data?
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How to send money to Malaysia in 3 easy steps

Large amount of currency illustration

Get dedicated support for large transfers

Moving big money? Get our how to guide and start a chat with our team of large-amount experts.

Get started with large transfers

How to send money to Malaysia from Singapore

How to send money to Malaysia from Singapore

  1. Just tap in how much, and where to.
  2. Then make a local payment to Wise, whether it's with a bank transfer, swift or your debit or credit card.
  3. And that's it.

Wise converts your money at the 'inter-bank' rate – the real rate – so you save big time (even versus the guys saying there's 'zero' commission). On Wise, there's no room for sneaky bank surcharges or creeping hidden charges.

How much does it cost to transfer money to Malaysia?

Pay a small, flat fee and percentage

To send money in SGD to Malaysia, you pay a small, flat fee of 0.39 SGD + 0.58% of the amount that's converted (you'll always see the total cost upfront).


Fee depends on your chosen transfer type

Some transfer types have different fees which are usually tiny.


No hidden fees

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

Wise
Fees for our low cost transfers
Fixed fee
0.39 SGD
Variable feeup to 169,401 SGD/month
0.58%
Variable feemore than 169,401 SGD/month

How long will a money transfer to Malaysia take?

A money transfer from Singapore (SGD) to Malaysia (MYR) should arrive in seconds. Sometimes transfer times can differ based on payment methods or verification changes. We’ll always keep you updated, and you can track each step in your account.

On many popular routes, Wise can send your money within one day, as a same day transfer, or even an instant money transfer.

Your transfer route

SGD
MYR

Should arrive

in seconds

What you’ll need for your online money transfer to Malaysia

Best ways to send money to Malaysia

Trust Wise with safe & secure money transfers to Malaysia

Safeguarded with leading banks

We hold your money with established financial institutions, so it's separate from our own accounts and in our normal course of business not accessible to our partners. Read more here.

Extra-secure transactions

We use 2-factor authentication to protect your account and transactions. That means you — and only you — can get to your money.

Data protection

We’re committed to keeping your personal data safe, and we’re transparent in how we collect, process, and store it.

Dedicated anti-fraud team

We work round the clock to keep your account and money protected from even the most sophisticated fraud.

Online scams are on the rise. Learn how to stay safe.

Send money to Malaysia from Singapore with the most international app

Looking for an app to send money to Malaysia? Sending money is easy with Wise app.

  • Cheaper transfers abroad - free from hidden fees and exchange rate markups.
  • Check exchange rates - see on the app how exchange rates have changed over time.
  • Repeat your previous transfers - save the details, and make your monthly payments easier.
Learn more about the Wise app

Let's answer some of your questions