Compare money transfers from Malaysia to the United States

Sending money from Malaysia to the USA – the best options available

🪙 Cheapest to a bank account	InstaReM
💳 Best with credit card payment	WorldRemit

With so many people living and working abroad all around the world, finding the best option how to wire money online is getting increasingly popular. There are currently around 100 000 Malaysians living and working in the USA and many more involved in various businesses or have family members overseas. The vast majority among them want or need to wire money from Malaysia to USA and they want it done the easiest way. So, apart from all the formalities, paperwork and details, the most important aspect of sending money as an e-transfer are the exchange rates and the transfer fees and various companies who provide services in the money transfer niche as well as banks offer separate options to clients. And clients always prefer the cheapest way to send money from Malaysia to the USA. Let’s see how to do that:

How to send money to a country overseas

Different ways require different steps along the process, however, the basic ones are the same:

• Creating a sender user profile – simple and straightforward process that can be done from the convenience of your home. You only need to provide the necessary details and genuine ID information
• Bank account or debit/credit card integration – you are basically linking your bank account or entering your card information aimed at directing the platform to know where to withdraw the money from
• Recipient data – supplying information about the destination of the money transfer. It usually requires the same type of information as for the sender.
• Authentication and confirmation process – confirming the credentials and the information provided and executing the transaction. Simple as that.

What service to opt-in to send money from Malaysia to the USA

The more people need to send/receive funds from another country, the more options to do that shall be available to users. So, let’s check the best way to transfer money from Malaysia to the USA:

• TransferWise – their motto is to be fair and square every time and never cover extra fees behind exchange rates. Plus, the ready money is locally delivered to the recipient through their local bank account.
• Maybank2U Visa Direct – a new player in town. It gives you the option to send money from your Maybank account to the recipient’s Visa debit, credit or prepaid card.
• Remitly – Punctuality and integrity is what they hold as a value. Generally low fees make them a reasonably priced option for many expats all over the globe.
• Sunway Money – They are practically putting innovative fintech technology into use and provide competitive real-time exchange rate by curtailing their operating costs.

Whatever option you choose, rest assured it will be the cheapest way to send money from Malaysia to USA.

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All the details, options and suggestions are made and done after a lengthy and detailed checkup and alternatives analysis aimed at providing you and end-product which will bring you added value to your quest.