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Table of Contents
I suggest starting with the receiving method, because a bank payment to Singapore and cash for family abroad need different app features.
Wise combines foreign bank transfers with currency balances, while MoneyMatch and WorldRemit add supported overseas wallet and cash delivery.
If you already use BigPay or TNG eWallet, you can send through those apps without moving every payment into another wallet.
For travel as well as remittances, Merchantrade Money offers foreign-currency balances and a prepaid card, with separate card costs to include.
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At a glance
Wise: Foreign bank payments and currency balances.
Instarem: Repeated FPX-funded bank payments.
MoneyMatch: Bank-funded transfers to supported overseas wallets.
BigPay: Sending from your everyday payment wallet.
Western Union: Cash recipients and agent payment.
TNG eWallet GoRemit: Sending a transferable eWallet balance.
Sunway Money: Mobile verification for bank-funded transfers.
WorldRemit: Debit-funded bank, cash or wallet payments.
Find a rate for transfers from Malaysia
Enter your destination and MYR amount to check available transfer quotes.
Apps for sending MYR overseas
Choose an app around how you pay and how your recipient receives the money, rather than its domestic wallet features alone.
Foreign bank payments and currency balances
9.2
Wise
Fees
0.1% - 2.6%
Exchange Rate Markup
0%
Transfer Speed
Minutes - 24 hours
"Over 15 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
Repeated FPX-funded bank payments
8.0
Instarem
Fees
$0 - $2
Exchange Rate Markup
0.3% - 1.9%
Transfer Speed
Minutes - 24 hours
"Most transfers are instant or same-day. Customers can earn rewards on every transaction."
Bank-funded transfers to supported overseas wallets
?
MoneyMatch
Fees
Exchange Rate Markup
Transfer Speed
Travel balances beside overseas sending
?
Merchantrade
Fees
Exchange Rate Markup
Transfer Speed
Sending from your everyday payment wallet
?
BigPay
Fees
Exchange Rate Markup
Transfer Speed
Cash recipients and agent payment
8.1
Western Union
Fees
None
Exchange Rate Markup
0.2% - 1.5%
Transfer Speed
1 - 5 days
Sending a transferable eWallet balance
?
TNG eWallet
Fees
Exchange Rate Markup
Transfer Speed
Mobile verification for bank-funded transfers
?
Sunway Money
Fees
Exchange Rate Markup
Transfer Speed
Debit-funded bank, cash or wallet payments
8.7
WorldRemit
Fees
$1.99 - $2.99
Exchange Rate Markup
0.8% - 3%
Transfer Speed
Minutes - 2 days
"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."
Wise
Wise handles foreign bank payments beside your currency balances
Available on
iOS and Android
App store rating
4.8/5 (33k+ ratings)
Google play rating
4.8/5 (2m+ reviews)
Wise lets you create an overseas bank payment, save the recipient and follow its progress from your phone.
You fund a MYR transfer through FPX or a Malaysian bank transfer, rather than paying by card or sending a SWIFT deposit.
I like that the app combines foreign income and travel money, with available receiving details, currency balances and debit-card controls.
Its multi-currency account in Malaysia lets you keep supported currencies and spend a matching balance, subject to the RM20,000 aggregate holding ceiling.
Your recipient can receive a bank payment without opening Wise, but the app does not offer cash collection.
Wise uses the mid-market exchange rate with a separate conversion fee, and the personal account has no monthly subscription.
The physical card costs RM13.70, while certain receiving services and ATM withdrawals can add costs beyond the transfer fee.
For citizens and expats, cross-currency sending is limited to RM30,000 daily, while temporary-employment-pass workers have separate monthly and home-country restrictions.
The RM1,000 and RM5,000 bank-payment quotes put the separate fee beside the exchange rate and amount your recipient receives.
Instarem keeps repeat bank payments in a focused sending app
Available on
iOS and Android
App store rating
4.7/5 (890+ ratings)
Google play rating
4.8/5 (10k+ reviews)
Instarem suits you when you mainly send from your Malaysian bank and do not need another wallet or travel card.
You verify your identity and address, add the overseas recipient and pay through FPX after creating the order.
The app offers biometric access and Quick Send for repeat payments, with activity tracking to follow the transfer after funding.
In my opinion, it is worth considering over an account-heavy app when the main task is paying the same overseas bank recipient regularly.
The receiving country determines the supported payout and transfer limits, so a route with fast delivery does not establish instant sending everywhere.
Instarem's fee and exchange rate determine the final amount, while promotional discounts and points have their own conditions.
There is no need to buy a travel subscription for a personal remittance, and its Malaysian sending service is not a multi-currency spending account.
These MYR-funded examples show when Instarem delivers more after its fee and conversion, rather than relying on a promotional discount.
MoneyMatch connects Malaysian bank funding with overseas wallets
Available on
iOS and Android
App store rating
3.9/5 (10 ratings)
Google play rating
3.6/5 (360+ reviews)
MoneyMatch lets you send from your own Malaysian bank account to a supported overseas bank, wallet or cash-collection service.
That includes selected receiving wallets such as bKash and participating Indonesian or Philippine wallets, rather than only conventional bank details.
You complete digital identity checks, add the recipient and pay through FPX, with the app tracking progress and sending email notifications.
Manual DuitNow or bank payment is another funding option, although matching that payment can take longer than the integrated checkout.
I think it is a good fit when your recipient's local wallet is supported and you want to pay directly from your bank.
You do not pay a registration or subscription charge, but the transfer fee and exchange-rate difference still affect the recipient amount.
Non-native currency payments can carry different charges, so my suggestion is to judge the final quote for the receiving currency rather than a general fee claim.
MoneyMatch is worth it
Find an alternative
Pay a supported overseas mobile wallet
You need a travel card or foreign balances
Fund through your own bank account
You want credit-card funding
Track the payment and receive email updates
Your recipient needs an unsupported wallet
Merchantrade Money
Merchantrade Money combines supported overseas transfers with travel balances
Available on
iOS and Android
App store rating
4.2/5 (610+ ratings)
Google play rating
4.7/5 (12k+ reviews)
I think Merchantrade Money is worth considering if you also want travel balances, although its card fees make it less attractive for an occasional transfer alone.
The Malaysian app lets you send overseas on supported routes, set currency alerts and review spending by month or year.
You can also freeze the Visa prepaid card, control overseas payments and contact support through live chat inside the app.
Online registration uses your Malaysian NRIC or PR identification and a selfie, while other identification can require a branch application.
FPX, debit-card and JomPAY top-ups are free, although some other bank or cash-loading channels charge RM0.50.
For an overseas bank payment, the receiving country determines the transfer fee, so compare the quote before converting or paying.
The card costs RM10 to issue, with an annual fee of RM10 in the first year and RM12 afterwards.
You can hold foreign currencies and spend from a matching wallet, making it one of the multi-currency accounts in Malaysia to compare for travel.
The prepaid wallet does not provide the same overseas receiving details as a bank account.
Matching-wallet card spending has no percentage transaction fee, while other currency transactions use Visa conversion plus 1.75%, and overseas ATM withdrawals start at RM10.
Merchantrade Money is worth it
Find an alternative
You want travel balances alongside supported remittances
You only need an occasional transfer
You want currency alerts and card controls together
You need foreign bank-account receiving details
You can use a free FPX or debit-card top-up
Your destination is outside its sending routes
BigPay
BigPay adds overseas sending to your everyday wallet
Available on
iOS and Android
App store rating
3.8/5 (8k+ ratings)
Google play rating
3.2/5 (31k+ reviews)
If you already use BigPay for local payments, you can arrange an international transfer beside your card and wallet activity.
The app supports overseas bank deposits, selected cash collection and participating mobile wallets, including GCash and several Indonesian wallets.
You choose the receiving method and recipient details before confirming the transfer from the money in your BigPay wallet.
I like that flow for a regular supported destination, but topping up a new wallet only for one payment adds another step.
FPX and bank reloads are free, while a local credit-card reload costs 1% and a foreign credit-card reload costs 2.9%.
The remittance has its own destination fee and exchange rate, so the reload charge can outweigh a small difference between transfer quotes.
There is no joining charge and the annual fee is waived, but the MYR wallet does not let you select and hold separate foreign-currency balances.
BigPay is worth it
Find an alternative
Send from a wallet you already use
You mainly want foreign-currency balances
Choose a supported bank, cash or wallet payout
You need an unsupported receiving wallet
Top up through free FPX or bank funding
Credit-card reload costs erase the saving
Western Union
Western Union links your phone with cash collection and agent payment
Available on
iOS and Android
App store rating
4.7/5 (3k+ ratings)
Google play rating
4.6/5 (7k+ reviews)
Western Union is my pick when your recipient needs cash and you want to arrange the order before visiting an agent.
You can also fund the transfer digitally through FPX, with bank delivery available on supported routes.
Registration uses your name and valid identification, followed by an ID photograph and selfie for verification.
The app keeps the MTCN tracking reference and transfer history together, which makes sharing collection details easier.
Cash recipients need the correct reference and matching identification, and collection depends on the chosen location's opening hours.
The service has route-dependent fees and earns money through currency exchange, without a monthly personal subscription.
I suggest comparing app funding and agent payment separately, because a cash-paid order can have a different price from an FPX-funded transfer.
Western Union is worth it
Find an alternative
Arrange overseas cash collection
You want foreign balances and a spending card
Start an order before paying cash at an agent
Your recipient cannot reach a collection point
Keep the tracking reference on your phone
You mainly send to a bank with a better quote
TNG eWallet GoRemit
GoRemit sends from the transferable balance in your TNG eWallet
Available on
iOS and Android
App store rating
4.7/5 (790k+ ratings)
Google play rating
4.7/5 (900k+ reviews)
GoRemit suits you if you already use TNG eWallet, but your balance must be transferable before you can send it abroad.
Funds from reload PINs or government initiatives cannot pay for a remittance, even when they appear in your total wallet balance.
You can choose supported bank, cash or wallet delivery after selecting the destination, then review the recipient details before paying.
The remittance service also keeps previous transaction records and lets you check the progress of your current order.
You must be at least 18 and complete the required remittance identity checks before using the service.
For eligible foreign workers without a Malaysian bank account, a separate trial uses passport and work-visa verification with facial recognition.
That route limits sending to your home country, with RM3,000 monthly and a maximum of three transactions to three registered beneficiaries.
My suggestion is to check those conditions before relying on GoRemit for a larger family payment.
The transfer fee and exchange rate appear in the app, while a local credit-card reload adds another 1% to your funding cost.
Bank transfers through DuitNow and local debit-card reloads avoid that reload fee, so compare the full cost before choosing how to fund your wallet.
TNG GoRemit is worth it
Find an alternative
You already have transferable TNG wallet funds
Your funds came from a reload PIN
Your recipient has a supported bank, cash or wallet option
Another quote delivers more after funding costs
You meet the worker trial's home-country conditions
You need to exceed the trial's monthly limit
Sunway Money
Sunway Money lets you verify and send from your phone
Available on
iOS and Android
App store rating
3.7/5 (35 ratings)
Google play rating
3.5/5 (100+ reviews)
Sunway Money lets you open a personal sending account with NRIC or passport verification and a selfie in its mobile app.
You add and activate the beneficiary, then pay from your own Malaysian bank account for an overseas bank or supported wallet delivery.
I’d say it suits a bank-funded order when the receiving method and final quote suit your payment.
The app provides transaction receipts, completion emails and a route to cancellation support, without needing a separate foreign-currency wallet.
Account opening is free, while the transfer price depends on the currency, receiving route and applicable destination charges.
SWIFT or intermediary deductions can reduce a bank payment further, so the quoted service fee is only part of the cost.
App-verified citizens and expats can send up to RM30,000 daily, while temporary-employment-pass workers have RM5,000 monthly and home-country restrictions.
Sunway Money is worth it
Find an alternative
Complete personal verification on your phone
You need foreign-currency card spending
Pay directly from your Malaysian bank
You want an available cash-collection service
Keep transfer receipts and completion emails
Your payment exceeds the app-verified limit
WorldRemit
WorldRemit offers local debit funding for overseas family payments
Available on
iOS and Android
App store rating
4.4/5 (1k+ ratings)
Google play rating
4.0/5 (220k+ reviews)
WorldRemit lets you pay from Malaysia through FPX or a debit card issued by a Malaysian bank.
In my opinion, it is worth considering when you want debit funding and your recipient needs a supported mobile wallet or cash-collection option.
You select the receiving method, enter the amount and beneficiary, then follow the transfer's progress in the app after payment.
Bank deposits are also available on supported routes, while airtime top-up is a separate service rather than a cash remittance.
Verification accepts Malaysian identity documents and eligible passports, with the document requirements determined by your residency status.
The personal sending service does not need a monthly subscription, but both the transfer fee and exchange-rate margin affect the cost.
I suggest comparing the same payout method with a bank-funded alternative, especially when the convenience of debit payment changes the final quote.
The quotes below show the fee, conversion and final payout for available MYR-funded destinations, including the effect of the cheapest payment method.
FPX pays the remittance order from your Malaysian bank, while DuitNow can fund a supported wallet or match an eligible bank payment.
Neither funding method determines whether your overseas recipient receives money in a bank, mobile wallet or cash outlet.
For a direct bank-funded transfer, I suggest using integrated FPX when available rather than making a manual payment needing separate matching.
If you send from BigPay or TNG, check the funding source before topping up because a credit-card reload can add 1% locally.
GoRemit also distinguishes transferable funds from reload-PIN or government funds, so your total wallet balance is not necessarily available for remittance.
Sending as a foreign worker in Malaysia
Your identification, visa and sending limits can differ from the account rules for a Malaysian citizen or other expatriate.
Wise and app-verified Sunway accounts have separate RM5,000 monthly restrictions for temporary-employment-pass workers, with home-country conditions.
GoRemit's eligible-worker trial offers a route without a local bank account, but its RM3,000 monthly limit and registered-beneficiary rules apply.
I suggest choosing around the service you qualify for and your family's receiving method, rather than the largest general sending limit.
A remittance wallet or travel account?
BigPay and TNG are useful for local spending and supported overseas sending, but their MYR wallet functions are not foreign bank-account details.
Wise adds available foreign receiving details and balances, while Merchantrade Money adds foreign wallets with prepaid-card spending rather than overseas bank details.
That difference helps if you receive foreign income or want to keep travel money, instead of converting everything for one family payment.
For domestic payments, your bank's DuitNow service or an existing local wallet can avoid opening a separate international sending account.
How to send abroad using a Malaysian app
Complete the identity checks
Use the identity document and residency evidence required for your account, then finish verification before relying on an urgent first transfer.
Select the receiving method
Choose the bank, cash or wallet option your recipient can use, and enter the matching name and account details.
Review the whole MYR cost
Check the transfer fee, exchange rate and recipient amount, including any separate wallet reload charge before you pay.
Fund and track the payment
Pay through an accepted method, keep the receipt and follow the status until the money reaches the intended recipient.
My suggestion is to choose the receiving method first, then use the app that combines suitable funding with the best matched quote.
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