Skip to content
maash.
Open account

MYR payouts · arrive from real time to one business day

Send USD to Malaysia, at the mid-market rate.

Pay out to a bank account in Malaysian ringgits (MYR) from a US-dollar account in your own name. You see the fee and the exact amount your recipient gets before you send.

See the 51 banks we pay out to ↓

Updated · Estimated rate, as of Aug 20, 2026, 11:27 AM UTC · Reviewed by Joyce Chin, Chief Operating Officer & Compliance Officer

Estimate a payout

estimate

USD

They receive

≈ RM 4,008.42

Payout currency

1 USD = 4.0428 MYR

Account type
Maash fee$8.50 (0.75% + $1.00)

Estimated mid-market rate, as of Aug 20, 2026, 11:27 AM UTC. The fee comes out of the amount you send, so the recipient gets the rest. The exact amount is shown before you confirm.

Exchange rate

4.0428

MYR per US dollar — the mid-market rate with no markup, shown before you send.

Estimated · as of Aug 20, 2026, 11:27 AM UTC

1%

personal + $1.00 fixed

0.75%

business + $1.00 fixed

51

banks we pay out to

$1.02

minimum · up to MYR 1,000,000 (about $250,000) per transfer

// worked example

Sending $1,000.00 to Malaysia

You send

$1,000.00

Maash fee (business)

−$8.50

0.75% + $1.00 fixed

They receive

MYR 4,008.42

1 USD ≈ 4.0428 MYR · mid-market, no markup

You send

$1,000.00

Maash fee (personal)

−$11.00

1% + $1.00 fixed

They receive

MYR 3,998.31

1 USD ≈ 4.0428 MYR · mid-market, no markup

Sending $1,000.00 to Malaysia on a business account costs $8.50 and delivers ≈MYR 4,008.42 at the mid-market rate; on a personal account it costs $11.00 and delivers ≈MYR 3,998.31.

Estimated at the mid-market rate as of Aug 20, 2026, 11:27 AM UTC; the exact amount your recipient receives is shown before you confirm.

// Rate history

How the USD → MYR rate has moved

Between 31 Jul 2026 – 20 Aug 2026, captured daily, the rate ranged from a low of 4.0429 to a high of 4.0958 MYR per US dollar; the latest recorded rate, 4.0429, sits in the lower third of that range.

Rate history range

Mid-market rate, no markup · captured daily · as of Aug 20, 2026, 11:16 AM UTC

// the details

Sending USD to Malaysia: the details

Sending US dollars to Malaysia: payout currency, delivery method, delivery time, transfer limits, and exchange rate.
DetailValue
Payout currencyMalaysian ringgit (MYR)
Delivery methodBank transfer over DuitNow
Delivery timeFrom real time to one business day over DuitNow. Occasionally a banking partner pauses a transfer for a short compliance check.
Transfer size$1.02 minimum · up to MYR 1,000,000 (about $250,000) per transfer
Exchange rateMid-market, no markup (1 USD ≈ 4.0428 MYR)
What you needYour recipient’s bank details in Malaysia — the account name, account number, and any local routing code.

Every way we pay out to Malaysia

Each network runs on its own schedule. Which one a payout uses depends on the bank details your recipient has.

Every network we pay out to Malaysia over, with each one’s delivery time, minimum, per-transfer limit, and personal fee.
CurrencyPaid overDelivery timeMinLimitFee
MYRDuitNow · localreal time to next day$1.02Up to MYR 1,000,0001% + $1.00
USDSWIFT1–4 days$35.36No limit1% + $35.00

Fees shown for a personal account.

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.

We also pay out to Malaysia in USD over SWIFT (1% + $35.00 on a personal account, 0.5% + $35.00 on business).

You can also open a Maash account from Malaysia — see every country you can open one from.

How to send USD to Malaysia

  1. 1

    Open your Maash account

    Sign up and verify your identity. Opening a US-dollar account is free and takes a few minutes.

  2. 2

    Add your recipient in Malaysia

    Enter the amount in US dollars and your recipient’s bank details in Malaysia.

  3. 3

    Confirm and send

    Review the fee and the amount they’ll receive — both shown upfront — then confirm with your passkey.

Sending USD to Malaysia — FAQ

Speed

How long does it take to send USD to Malaysia?

Payments between Maash accounts land in seconds, and bank payouts arrive from real time to one business day over DuitNow. Occasionally a banking partner pauses a transfer for a short compliance check. Maash tells you when that happens.

Rate

How has the USD to MYR rate moved over this period?

Between 31 Jul 2026 – 20 Aug 2026 the mid-market rate fell 1.01%, with a low of 4.0429 and a high of 4.0958 MYR per US dollar. The rate is captured daily and shown at the mid-market rate with no markup.

Cost

How much does it cost to send money to Malaysia?

A payout to Malaysia in Malaysian ringgits (MYR) costs 1% plus a $1.00 fixed fee on a personal account, or 0.75% plus $1.00 on a business account. Currency conversion uses the mid-market rate with no markup, and every fee is shown before you confirm.

Sending USD

Can I send US dollars to a bank account in Malaysia?

Yes, over SWIFT. The fee is 1% + $35.00 on a personal account, 0.5% + $35.00 on business — a payout in Malaysian ringgits (MYR) costs 1% plus a $1.00 fixed fee instead, so a recipient with an account in Malaysian ringgits usually pays less. Your recipient’s account must accept US dollars.

Safety

Is my money safe while the transfer is processing?

Yes. Your funds sit in your own account and only move when you confirm a transfer with your passkey. Maash can’t spend, move, or freeze your balance. Occasionally a banking partner pauses a transfer for a short compliance check. A review delays a transfer — it never takes your money.

Banks

Which banks in Malaysia can I send money to?

Maash pays out to 51 banks in Malaysia. Your recipient needs an account in their own name; enter their bank details when you add them. The list is the one Maash’s payout provider states and can change.

Account

Can I open a Maash account in Malaysia?

Yes. Malaysia is one of the countries Maash can open an account from, so you can both hold US dollars and send to Malaysia. Identity verification applies, and some countries need additional checks; Maash lists every country it can open an account from on its supported-countries page.

Send USD to other countries

All 191 payout countries →

Personal-account fee and the fastest delivery time — each page lists the networks that country is reached over, the personal and business fee, and, where we list them, the banks we pay out to.

// banks

Banks we pay out to in Malaysia

We can send Malaysian ringgits to accounts at these 51 banks in Malaysia. The list comes from our payout provider and can change; if your recipient’s bank isn’t here, it may still be reachable — the account details you enter decide the rail.

51 banks

  • Affin Bank Berhad
  • AFFIN INVESTMENT BANK BERHAD
  • AFFIN ISLAMIC BANK BERHAD
  • AGROBANK ISLAMIC
  • AL RAJHI BANKING AND INVESTMENT CORPORATION (MALAYSIA) BHD
  • Alliance Bank Malaysia Berhad
  • ALLIANCE INVESTMENT BANK BERHAD
  • ALLIANCE ISLAMIC BANK BERHAD
  • AmBank (M) Berhad
  • AMINVESTMENT BANK BERHAD
  • AMISLAMIC BANK BERHAD
  • BANK ISLAM MALAYSIA BERHAD
  • BANK KERJASAMA RAKYAT MALAYSIA BERHAD (BANK RAKYAT)
  • BANK MUAMALAT MALAYSIA BERHAD (6175-W)
  • BANK OF AMERICA, MALAYSIA BERHAD
  • BANK OF CHINA (MALAYSIA) BERHAD
  • BANK OF TOKYO-MITSUBISHI UFJ (MALAYSIA) BERHAD
  • BANK PERTANIAN MALAYSIA BERHAD - RENTAS SPI
  • BANK SIMPANAN NASIONAL
  • BNP PARIBAS MALAYSIA BERHAD
  • CIMB Bank Berhad
  • CIMB INVESTMENT BANK BERHAD
  • CIMB ISLAMIC BANK BERHAD
  • DEUTSCHE BANK (MALAYSIA) BERHAD
  • Hong Leong Bank Berhad
  • HONG LEONG INVESTMENT BANK BERHAD
  • HONG LEONG ISLAMIC BANK BERHAD
  • HSBC Amanah Malaysia Berhad
  • HSBC Bank Malaysia Berhad
  • INDUSTRIAL AND COMMERCIAL BANK OF CHINA (MALAYSIA) BERHAD
  • JP MORGAN CHASE BANK BERHAD
  • JP MORGAN CHASE BANK, NA LABUAN BRANCH
  • KUWAIT FINANCE HOUSE (MALAYSIA) BERHAD
  • Malayan Banking Berhad
  • MAYBANK INVESTMENT BANK BERHAD
  • MAYBANK ISLAMIC BERHAD
  • MIZUHO BANK (MALAYSIA) BERHAD
  • MIZUHO CORPORATE BANK (MALAYSIA) BERHAD
  • OCBC AL-AMIN BANK BERHAD
  • OCBC Bank Berhad
  • Public Bank Berhad
  • PUBLIC INVESTMENT BANK BERHAD
  • PUBLIC ISLAMIC BANK BERHAD
  • RHB Bank Berhad
  • RHB INVESTMENT BANK BERHAD
  • RHB ISLAMIC BANK BERHAD
  • Standard Chartered Bank Malaysia Berhad
  • STANDARD CHARTERED SAADIQ BERHAD
  • SUMITOMO MITSUI BANK BERHAD
  • SUMITOMO MITSUI BANKING CORPORATION MALAYSIA BERHAD
  • United Overseas Bank Berhad

as of August 20, 2026

Send USD to Malaysia.

Open a US-dollar account in minutes. No monthly fees.