MalaysiaSend Money from Australia to Malaysia
Fast AUD to MYR transfers via DuitNow, RENTAS, or GIRO, with Touch 'n Go e-wallet support.
How it works
- 1
Create your account
Sign up in minutes and complete your ID verification to securely activate your account.
- 2
Enter your recipient's details
Vell will guide you on the required information for a successful transfer.
- 3
Send and track
Confirm your transfer and track it in real time — from your Vell app.
Why Australians use Vell to send money to Malaysia
Real exchange rates
The rate you see is the rate you get. No margin hidden in the exchange rate.
Low, transparent fees
One flat fee shown upfront before you confirm. No surprises.
Bank and e-wallet delivery
Send to any Malaysian bank account via DuitNow, RENTAS, or GIRO, or to Touch 'n Go e-wallet.
Instant via DuitNow
Transfers to DuitNow-connected banks arrive in seconds, 24/7.
Same-day via RENTAS
Transfers submitted before 12:45 MYT arrive the same business day.
Direct to all major Malaysian banks
Maybank, CIMB Bank, Public Bank, RHB Bank, Hong Leong Bank, AmBank and more.
Track every step
Real-time notifications for you and your recipient from send to arrival.
Safe and regulated
Vell is registered with AUSTRAC and fully licensed to operate in Australia.
Sending money from Australia to Malaysia
Australia and Malaysia share one of the most active bilateral relationships in Southeast Asia. Malaysia is consistently one of the top sources of international students in Australia, and a large Malaysian-born community has made Australia home over several decades. The corridor flows in both directions — Malaysians in Australia sending money home to family, and Australians with business or personal ties in Malaysia managing regular payments.
Malaysia has a sophisticated and fast-moving digital payment ecosystem. Bank transfers are processed through three rails depending on the receiving bank and transfer size. DuitNow, Malaysia's real-time payment network, enables instant transfers to connected banks around the clock. RENTAS, Malaysia's high-value settlement system, supports same-day delivery for transfers submitted before 12:45 MYT. GIRO handles standard interbank transfers with a cut-off of 15:00 MYT, arriving within two business days. Alongside bank transfers, Touch 'n Go has evolved from a highway toll payment card into one of Malaysia's most widely used e-wallets, with millions of active users. Vell supports all three bank payment rails as well as Touch 'n Go, giving your recipient the flexibility to receive funds however suits them best.
The AUD/MYR exchange rate is influenced by commodity markets, trade flows between Australia and Malaysia, and the monetary policies of the Reserve Bank of Australia and Bank Negara Malaysia. The ringgit is a managed float currency, meaning Bank Negara actively monitors and intervenes to prevent excessive volatility. Despite this, AUD/MYR can still move meaningfully with global risk sentiment and commodity price shifts.
Unlike Australian banks, which set their own retail exchange rate and pocket the difference on every transfer, Vell offers a competitive AUD to MYR rate with a single transparent fee. What you see in the calculator is what gets sent.
Use Vell's rate tracker to set an alert when AUD/MYR hits your target rate →
Frequently asked questions
How long does it take to send money from Australia to Malaysia?
It depends on the payment rail used for your recipient's bank. Transfers to DuitNow-connected banks are instant, credited in seconds, 24/7. Transfers via RENTAS arrive the same business day if submitted before 12:45 MYT (Malaysia Time). Transfers via GIRO arrive within two business days, with a cut-off of 15:00 MYT. Touch 'n Go e-wallet transfers are instant. You will see the estimated arrival time for your transfer.
What is DuitNow and which banks support it?
DuitNow is Malaysia's real-time interbank payment network, enabling instant transfers between connected banks at any time of day. Most major Malaysian banks are connected to DuitNow including Maybank, CIMB Bank, Public Bank, RHB Bank, Hong Leong Bank, and AmBank. If your recipient's bank supports DuitNow, their transfer will arrive in seconds.
What is RENTAS and when should I use it?
RENTAS (Real Time Electronic Transfer of Funds and Securities) is Malaysia's high-value interbank settlement system, used for larger transfers requiring same-day delivery. Transfers via RENTAS arrive the same business day when submitted before 12:45 MYT. After the cut-off, transfers are processed the following business day.
What is GIRO and when does it apply?
GIRO is Malaysia's standard interbank transfer system, used for transfers to banks not connected to DuitNow or for standard-value transactions. GIRO transfers have a cut-off of 15:00 MYT and arrive within two business days. If speed is a priority, DuitNow or RENTAS are the faster options depending on your recipient's bank.
Can I send money directly to Touch 'n Go in Malaysia?
Yes. Vell supports instant transfers to Touch 'n Go e-wallets. Your recipient will need an active Touch 'n Go eWallet account linked to a Malaysian mobile number. Funds arrive in seconds and can be used immediately for spending, transfers, or withdrawals to a bank account.
How do I send money to a Touch 'n Go wallet?
Select DuitNow as your payout method during the transfer. You will need your recipient's Touch 'n Go registered mobile number.
What details do I need to send money to a Malaysian bank account?
You will need your recipient's full name, bank name, and account number. Vell will guide you through any additional details required during the transfer.
What is the AUD to MYR exchange rate today?
The AUD/MYR rate updates throughout the day based on live market conditions. Use the calculator above for the current Vell rate on your transfer amount.
Are there any hidden fees when sending money to Malaysia with Vell?
No. Vell charges one flat fee shown upfront before you confirm. There are no hidden charges, no exchange rate markup, and no fees deducted from the amount your recipient receives.
Which Malaysian banks does Vell support?
Vell supports all banks in Malaysia.
What is Touch 'n Go and why is it so widely used in Malaysia?
Touch 'n Go started as a contactless payment card for Malaysian highways and public transport. It has since expanded into a full e-wallet used by millions of Malaysians for everyday spending, online shopping, bill payments, and peer-to-peer transfers. It is one of the most recognised financial brands in Malaysia, making it a convenient payout option for recipients who prefer digital wallets over bank transfers.
Is it safe to send money to Malaysia with Vell?
Yes. Vell is registered with AUSTRAC and operates under strict anti-money laundering and compliance regulations. Your transfer is encrypted and tracked from send to arrival.
Can I send money to Malaysia for a business payment?
Yes. Vell supports transfers to both personal and business bank accounts in Malaysia, making it a practical option for businesses, contractors, and freelancers making cross-border payments.
Ready to send money to Malaysia?
Send your first transfer free — no hidden fees, no surprises.
