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Send money to a bank account from our website or mobile app, in just a few clicks. Join over 10 million people who choose Wise for fast and secure money transfers.
Availability of the payment type depends on the currency or the region.
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Regulated by Central Bank of Malaysia
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Trusted by 10 million customers
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Should arrive by Tuesday, 17 September
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Save on exchange rate markups
The cost of your transfer comes from the fee and the exchange rate. Many high street banks offer “no fee”, while hiding a markup in the exchange rate, making you pay more.
At Wise, we’ll never do that. We only use the mid-market exchange rate, and show our fees upfront. This table compares the fees you’d really pay when sending money with the most popular banks and providers, or with us.
How do we select providers and collect this data?
Sending 1,000 MYR with | Recipient gets(Total after fees) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
229.47 USD | |||||||||||
Transfer fee 12.80 MYR Exchange rate(1 MYR USD) 0.232450 Exchange rate markup 0 MYR Cost of transfer 12.80 MYR | |||||||||||
226.47 USD- 3 USD | |||||||||||
Transfer fee 10 MYR Exchange rate(1 MYR USD) 0.228757 Exchange rate markup 15.89 MYR Cost of transfer 25.89 MYR | |||||||||||
197.61 USD- 31.86 USD | |||||||||||
Transfer fee 139.06 MYR Exchange rate(1 MYR USD) 0.229528 Exchange rate markup 12.57 MYR Cost of transfer 151.63 MYR | |||||||||||
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How to send money to a bank account in 3 easy steps
Enter amount to send in MYR
Pay in MYR with your chosen payment method.
Choose recipient
Select who you want to send money to.
Send MYR with a chosen payment method, and receive USD to a bank account
The recipient gets money in USD directly from Wise’s local bank account.
What is Bank account money transfer?
Sending an international bank account money transfer is often one of the most convenient ways for your recipient to get their money. Once you initiate the transfer, your recipient doesn’t need to do anything at all - the funds will be automatically deposited into their bank account as soon as they’re processed. That could even mean their money is available instantly, depending on the details of the payment.
All you’ll need from your recipient is their personal contact and bank account details. The exact bank details required varies a bit based on the country you're sending money to, but you’ll be guided through the Wise bank account money transfer process step by step as you arrange your payment.
Add your recipient’s email address, and they’ll get a message when the money is on the way, and when it’s available for spending, too.
Learn more about using bank account transfers.
Online money transfer fees
How much does it cost to send money to a bank account?
To send money to a bank account with Wise, you will pay a small, flat fee and a percentage of the amount that's converted. We will always show you the total cost upfront - and you can rely that we won't hide any further fees in the exchange rate.
Sending money shouldn’t cost the earth, so we built Wise to save you money when you transfer and exchange internationally. We charge as little as possible: right now a tiny fee, eventually free.
No big fees, hidden or otherwise. So it's cheaper than what you're used to.
Calculate how much you can save
How long does a money transfer to a bank account take?
A money transfer to a bank account (MYR-USD) should arrive by Tuesday, 17 September. Sometimes transfer times can differ based on currencies 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
MYR
USD
Should arrive
by Tuesday, 17 September
Wise works nearly everywhere
Send money
Andorra
Argentina
Australia
Austria
Bangladesh
Belgium
Botswana
Brazil
Bulgaria
Canada
Chile
China
Colombia
Costa Rica
Croatia
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Denmark
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Ireland
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Japan
Kenya
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Liechtenstein
Lithuania
Luxembourg
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Sri Lanka
Sweden
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Tanzania
Thailand
Turkey
Uganda
Ukraine
United Arab Emirates
United Kingdom
United States
Uruguay
Vatican City
Vietnam
Zambia
Trust Wise with safe & secure money transfers
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.
See why customers choose Wise for their international money transfers
It’s your money. You can trust us to get it where it needs to be, but don’t take our word for it.
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