Send Money to Malaysia from Australia

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.

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Start saving on money transfers to Malaysia

AU
AUD
Getting latest rates...
 
FX markup

0.6%

Interbank rate

 

MY
MYR
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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

Money Transfer 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 0.6% 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.

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Money Transfer to Malaysia

How to send money to Malaysia from Australia

Number 1
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?

Send Money to Malaysia

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.

Send Money to Malaysia

Manage your business finances from a single platform

Multiple global accounts receiving USD, AUD and EUR

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.

Receive payments in 11 currencies

Instantly create foreign currency accounts to receive and hold funds in funds like USD, GBP and EUR.

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.

Multiple global accounts receiving USD, AUD and EUR

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 + 0.3% fees

Access interbank rates² + 0.6% fees

MYR
IDR
KRW
PHP
THB
VND
INR
NPR**
PKR**
BDT**
TRY**
LKR**
SEK
NOK
DKK
HUF
CZK
PLN
HRK
RON

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

Xero Integration

Make bookkeeping a breeze

bank feeds showing payments reconciling into Xero

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.

Syncs hourly

Ensure your Xero transaction records are up to date for your accountant or bookkeeper.

bank feeds showing payments reconciling into Xero

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.

Batch payments made through Airwallex Platform

Easy batch payments

Paying multiple suppliers or staff members? Upload a .csv file into Airwallex and make bulk payments all at once.

High five icon

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 Testimony
    “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

Frequently Asked Questions

What is the best way to send money to Malaysia?

Rather than go through the traditional banking system, the best way to send money to Malaysia is through an Airwallex business account transfer. You can log in to your account, load money to your digital wallet and make your RM transfer. All from your internet browser.

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.

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