Send money internationally from Malaysia to the USA (MYR to USD) using the mid-market exchange rate.
Check and compare the rates from the major money transfer providers.
Send money from Malaysia to the USA
What is the best Malaysian Ringgit to US Dollar exchange rate today?
Looking to send money from the USA to Malaysia instead? Send USD to MYR today.
How much does it cost to send money to the USA?
- International money transfers shouldn't be expensive.
- Make sure your provider doesn't add hidden fees or bad exchange rates to your money transfer.
- You should choose a provider that uses the mid-market exchange rate to convert your money.
What are the payments methods to send money to the USA?
The available payment methods for your international transfer may vary. Most of the times these should be:
- Debit Card.
- Credit Card.
- Bank Transfer.
How long does it take to send money to the USA?
How long does an international transfer take? It mostly depends on:
- Countries you send from and to.
- Public holidays or weekends.
- Payment methods.
- Potential security checks.
How to arrange a bank transfer online?
- Log into your bank's online banking service – you may need to verify your identity for security
- Navigate to the payment option which may be under 'bank to bank transfers' or 'personal payments' for example
- Follow the prompts to enter your recipient's details including their name, the bank name and account number. You'll also usually need a routing number, SWIFT code, sort code or similar, to help guide the payment to the right account
- Add the payment amount and double check all details
- Confirm the transfer, and your money is on its way
Send money to the USA - FAQs
Recent figures show that almost $150 billion is remitted from the US annually, to friends and family who live overseas. If you're one of those sending money to loved ones abroad, or if you're expecting to receive an international payment to the US, read on.
How to send money to the US - easy steps:
You can send money online or in person - online options are often cheaper and more convenient. Here's what you need to do:
- Select a money transfer service, looking at the fees and exchange rates to find the best deal
- Set up your payment online or in person
- Pay, and track your transfer online
What information would you need to send money to the US?
Here's what you need for a wire transfer to the US:
- Recipient's full name as shown on their bank account
- Recipient's address
- Recipient's bank name and branch address
- Recipient's bank account number and routing number
What are the best ways to send money to the US?
To find the best payment provider for your needs, you'll want to compare a few local banks, money transfer services and online providers, using an online comparison tool.
You may find banks are the most expensive option - whereas specialist providers keep the costs down by using smart new ways of sending money around the world. Look at online only services as a good way to balance convenience and cost, as these tend to have the cheapest fees and strongest exchange rates available.
What is the best money transfer exchange rate to the US?
Before choosing a money transfer service, compare the exchange rate offered to the mid-market rate, which you can find on Google. The mid-market rate is a good benchmark because it's the one banks get when they buy currency - but you'll often find they add a markup to the rate they give their customers.
Find a provider offering cross border payments using the mid-market exchange rate to get the best deal.
