Best Ways to Send Money from China to Malaysia (2025 Update)

Transferring money from China to Malaysia

If you work in China, but have relatives in Malaysia, you’re going to want to know the best way to transfer money between the two countries. Don’t wire money from China to Malaysia using bank! Bank wire transfers involve copious extra fees, and you’ll get a suboptimal conversion rate to the currency of Malaysia, the Malaysian ringgit.

Fortunately, the internet provides countless better alternatives. From services that tie directly into your bank account, to ones that use credit cards, there are countless online options ready to help you out. Read on to see some of these services, and select the best way to transfer your Chinese money to Malaysia.

How to send money from China to Malaysia

The currency of China is the Yuan (RMB); however, this is not always how a foreign worker will be paid. Make sure to know whether you’re getting RMB or something else, like USD or euros – and always ask to be paid in the company’s native currency. They won’t give you a good exchange rate – and for foreigners, the Yuan can be tricky to work with!

If you have Yuan (RMB), there are some restrictions of which you should be aware. You are limited on how much currency you’re allowed to physically take out of China. The limits are 20,000 RMB, or the equivalent of $5,000 USD in any currency.

Furthermore, if you want to convert large amounts of Yuan into a foreign currency, you’ll have to file an application with SAFE, the State Administration of Foreign Exchange. To do this you need valid international identity documents, and a legal work permit to work in China.

Some options to send money from China to Malaysia

You can use a large company like TransferWise or Instarem. These can both convert to and from Malaysian ringgit (MYR). However, both of these don’t have Chinese Yuan (RMB) as an option, which means that you, again, will need to convert any Yuan into USD, euros, or something more global like Korean Won or Hong Kong dollars.

How much does it cost?

If you go with more traditional methods, like bank transfers or Western Union, they will charge fees. However, a lot of online services don’t have commissions. While it may complicate getting your money out of China, it’s worth learning how to do this, so that you avoid these bank fees. You should always use an e-transfer!

And here’s why we’re the best option!

We have experience transferring money out of China. We won’t charge you big fees like banks. And we can offer you better conversion rates between RMB and MYR. You can use your bank account or your credit card, and we make e-transfers easy. You should use our service as the best way to transfer money from China to Malaysia. If you aren’t convinced, contact us today and speak to our representatives.