Payment rail · Malaysia
Payment rail · MalaysiaWhat is DuitNow?
DuitNow is Malaysia’s national instant payment service, operated by Payments Network Malaysia (PayNet), covering transfers to bank accounts and e-wallets. Poplin pays out to Malaysia over DuitNow, settling from real time to one business day.
Source: PayNet (opens in a new tab)
Updated · Reviewed by Joyce Chin, Chief Operating Officer & Compliance Officer
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A payout to Malaysia clears fastest over
DuitNow
settles from real time to one business day · 0.75% + $1.00 on a business account
Also reaches USD accounts over
Set from your location — change it above.The recipient’s account details decide the rail — the fee is always shown before you send.
// at a glance
What the rail sets for a payout over DuitNow — and what Poplin charges to send.
Settlement
Real time to next day
a ceiling, not the typical time
Reaches
1
country — Malaysia
Paid out in
MYR
Malaysian ringgit
Business fee
0.75%
plus a $1.00 fixed fee
Clearing
Local
domestic clearing
Days are business days — a Saturday delays a same-day or next-day payout. These are ceilings, not typical times: within the window, how fast the money lands depends on the receiving bank.
// how it moves
How DuitNow payouts move.
From your US-dollar balance to an account in Malaysia — four steps.
You send from USD
Enter an amount in your Poplin US-dollar account and confirm the payout — the full fee shows before you send.
Converted at mid-market
Dollars become Malaysian ringgits at the mid-market rate — no markup added.
Cleared over DuitNow
Poplin clears the payout over DuitNow, Malaysia’s real-time transfers.
Arrives inside the window
DuitNow settles from real time to one business day — a ceiling, not the typical time; how fast it lands depends on the receiving bank.
// coverage
Where DuitNow reaches.
Sending somewhere else?
Each destination clears over its own set of rails. See the rail, speed, and fee for any destination — or the fee for every rail on one page.
DuitNow — FAQ
Basics
What is DuitNow?
DuitNow is Malaysia’s national instant payment service, operated by Payments Network Malaysia (PayNet), covering transfers to bank accounts and e-wallets. Poplin pays out to Malaysia over DuitNow, settling from real time to one business day.
Speed
How long do DuitNow payouts take?
Over DuitNow, Poplin payouts settle from real time to one business day. Payments leave your account in seconds; DuitNow then clears the payout to the recipient’s bank.
Cost
How much does it cost to send money over DuitNow with Poplin?
A percentage of the amount plus a $1.00 fixed fee — 0.75% on a business account and 1% on a personal account, shown in full before you send. Conversion, where the payout currency isn’t US dollars, is at the mid-market rate with no markup.
Coverage
Which countries does Poplin reach over DuitNow?
DuitNow is how Poplin pays out to Malaysia, in MYR. Poplin also reaches Malaysia over SWIFT (USD) — which one a payout uses depends on the bank details your recipient has.
Send US dollars to Malaysia over DuitNow.
Open a US-dollar account in minutes. No monthly fees.