International Money Transfer Malaysia
Services like moneygram remitly and western union allow you to transfer cash for pickup at a local branch in malaysia often in 15 minutes.
International money transfer malaysia. Ria exists thanks to the dreams of the 250 million international migrants that left their homes in search of something more. Ria is a subsidiary of euronet worldwide inc. Generally a transfer involves you providing funds to a bank or an independent transfer provider which then sends the money to your recipient in another country or back home in this case malaysia. Worst of all this fee is hard to spot unless you know to look.
With transferwise the price you see is the price you pay. Service fee varies based on currencies and transfer type. The table below is some of the methods to send and receive money to from overseas. Their rates are usually better than your local bank s and they offer more flexible delivery options than companies like paypal western union or moneygram.
Instant transfer applicable for singapore brunei philippines. It began in 2015 with ria s acquisition of ime m sdn bhd a leading malaysian money transfer company. Worldremit specializes in remittances and smaller transfers. Eeft and world s 3rd largest money transfer company.
Each methods differ in terms of transfer speed and fees involved. 3 transfer to indonesia philippines india are for individuals customers only. Additional forex fee may apply. If you are in malaysia.
There are many ways to send or receive money to from overseas. While it s a fast way to send money you ll pay for the convenience in weak exchange rates and high fees. An international money transfer allows you to send money to a recipient overseas. They re perfect for personal money transfers from the us of up to us 10 000 to malaysia.
In the past international money transfers from malaysia meant sending the money through tedious process of bank to bank transfer money order or cashier s cheque. Many banks add 3 or more in hidden fees to the exchange rate and it quickly adds up on large transfers. And it was often limited to. Fast low cost and secure online money transfers from malaysia.
Ime is a part of ria money transfer. Transfer money online securely and easily with xoom and save on money transfer fees. Daily limit of rm10k applies for transfer to indonesia philippines india. And it was often limited to selected cities.