Send money to Malaysia
Send money from Australia to Malaysia online using our secure platform. Sign up today with no monthly account fees and zero sign up fees.
Start saving on money transfers to Malaysia
The above FX rate includes includes our standard customer margin. For payments made using SWIFT, we charge a fee from AUD $10, which is not factored in with this cost. You can avoid SWIFT fees by using other payment options. For more information, please review our Fee Schedule and Country Payout Guide.
The quickest way to send money to Malaysia
Send MYR online
Just load your wallet, convert AUD into Malaysian Ringgit and send your payment. Your payment will be received in one business day or less.
Simple, low fees
Pay just 1% above our transparent, interbank exchange rate when converting Australian Dollar into Malaysian Ringgit. No international transaction fees, no sign up fees.
Pay your suppliers like a local
Free up cash flow by paying your suppliers via the local clearing system, meaning your funds spend less time in transit and more time in your account.
How to send money to Malaysia from Australia
Fund your wallet
Deposit AUD directly into your wallet using your online banking.
Convert funds to MYR
We use the real mid-market conversion rate, with your funds available instantly.
Send your payment
Your money will be received by your recipient in one business day or less.
How long will a money transfer to Malaysia take?
Pay suppliers, staff and businesses in Malaysia within one business day or less. We transfer funds using Malaysia's local banking network so your Malaysian Ringgit payments are received fast, and in full.
Manage your business finances from a single platform
Make payments with Airwallex Borderless Cards
Use funds stored in your wallet to make payments using virtual Visa debit cards, without getting stung with international transaction fees.
The platform built for growing businesses
Get access to a wealth of tools built for business such as batch payment capabilities and integrations with popular platforms like eBay, PayPal & Shopify.
How much does an international payment cost?
Send payments to countries using the local currency (i.e. USD to US) for free with our proprietary, local payment technology. We only charge a small margin on FX conversions. To send money overseas, see the below currencies we support.
Access interbank rates² + 1.0% fees
Sending non-local currencies overseas (e.g. USD to China)? We can still help but we will need to use the SWIFT network and charge a small payment fee from $10AUD. This is to cover the cost of using the SWIFT network.
²Where possible, we offer live exchange rates. Click here to find out more.
*CNY has an additional 0.1% payout fee. Will require additional information to enable, please speak to one of our product specialists
**To pay suppliers in these currencies, please speak to one of our product specialists here
Make bookkeeping a breeze
Quick and easy integration
Link your Airwallex and Xero accounts in just a few clicks.
Multi-currency transaction syncing
Sync your multi-currency Airwallex transactions to Xero, including who made the transaction and where.
Ensure your Xero transaction records are up to date for your accountant or bookkeeper.
Send money internationally in 40+ currencies
Powerful tools to manage your business finances
Reduced banking time
Save contacts and set up recurring payments to make your future banking easier.
Lock in great FX rates
Convert your AUD into MYR ahead of time and lock in great exchange rates. Store these funds in your MYR wallet for future payments.
Easy batch payments
Paying multiple suppliers or staff members? Upload a .csv file into Airwallex and make bulk payments all at once.
Create multiple users
Create multiple different roles in your account and assign them to users to approve and schedule payments.
See how our customers are finding Airwallex
“Airwallex is our one-stop shop for all our banking needs, in one easy-to-use interface. Without Airwallex, we would not have been able to scale our business as fast as what we’ve been able to achieve.”
Andrew Ford and Rosa-Clare Willis
“Airwallex has been a game changer for us. I cannot recommend these guys enough. The forex services are super efficient and super competitive. The customer service is not gold-plated, it's solid gold. One of the best eCommerce services for merchants we have come across since Paypal hit the scene 20 years ago."
CEO, Cosmetics Now
“The new Expense Management system has been a real time saver for us in relation to the administration of our benefits program. Team members can upload receipts as they shop and we are able to clear our reconciliations much faster this way.”
Payroll & Benefits, Linktree
“Airwallex provides us with flexibility and cost savings in dealing internationally. We used Airwallex to receive our recent global fundraising round and pay international suppliers and are saving at least 5% per dollar transferred versus the big banks.”
George van Dyck
Finance Manager, Zoomo
“Having all our global SaaS subscriptions in one place has streamlined our finance processes and enabled better tracking and control of expenses. It’s even better knowing that Airwallex isn’t hitting us with any international transaction fees.”
Chief Operating Officer, Dovetail
“Airwallex has made it really easy to pay our suppliers in any currency. We have not only saved $10,000 each month, but our suppliers now get their payments faster and in-full. We receive a notification once it’s dispatched, and it eliminates the worry factor of where our money is at. This is important for us to keep building a strong relationship with our suppliers.”
Director, Hawkeye Vintage
Frequently Asked Questions
What is the best way to send money to Malaysia?
How much money can I transfer to Malaysia?
Traditional banks don’t make it easy to send money to Malaysia. Airwallex does. You can transfer up to MYR999,999 in one transfer, making it easier to get your money where it needs to go. Also, be aware that in-country limits may apply, depending on the bank and the network used. Your Airwallex Account Manager can help you navigate these, so you can transfer money to Malaysia sooner.
How long does it take to send money to Malaysia?
One of the biggest pain-points businesses experience when banking the Big Four is the wait times. Your customers, suppliers or staff shouldn’t have to wait weeks to receive their money. With Airwallex, you can make a transfer to a Malaysian account in one business day or less.
You don't need a bank to run your business
Start winning new markets today. Open an account in minutes, and join thousands of businesses already using Airwallex to streamline their finances globally.