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Maybank Overseas Transfer

Transfer money instantly from Singapore to Malaysia

Transfer money instantly from Singapore to Malaysia at the best SGD to MYR rate

Need to send money to your loved ones back home, or fund your investments in Malaysia? With Maybank Overseas Transfer, you can transfer funds to ANY banks in Malaysia instantly. Enjoy low fees and the best exchange rates.

Terms and Conditions apply.

What's NEW

Send money from Singapore to Malaysia at the best SGD to MYR* rate you can find! Available exclusively with Maybank Overseas Transfer on Maybank2u SG (Lite) app and Maybank2u Online banking.

*Best exchange rate among the Singapore banks. Other Terms and Conditions of the service apply.


 To Maybank Malaysia

To other banks in Malaysia

Transfer fee



Processing time

Same day instant fund transfer

Transfer is instant to DuitNow participating bank for amount up to MYR 50,000

Participating banks


All DuitNow Participating banks
Funds transfer to non-DuitNow participating banks will be processed next business day.


  • Service is available 24/7, including weekends and public holidays.
  • Transfer up to S$20,000 a day.

Digital Promotion

Send Money, Get Money!

Enjoy 20% cashback simply by sending money to Malaysia with Maybank2u SG (Lite) app or Maybank2u Online Banking.

Find out more

Terms and Conditions apply.

Earn chances to win iPhone 15 and more in weekly festive draw

Perform eligible transactions on Maybank2u Mobile and Online Banking and stand a chance to win iPhone 15, Samsonite luggage and more!

Find out more

Terms and Conditions apply.

Open an account online today to enjoy this service

One app for seamless banking across Malaysia and Singapore

For Maybank customers

For new customers

Apply Now


  • Enjoy low to zero fee so you can send more for less
  • Transfer is instant to your recipients in Malaysia
  • Available 24/7 at your convenience
  • Enjoy attractive and improved MYR rate with us
  • Access service conveniently via Maybank2u SG (Lite) app or Maybank2u Online Banking

Who can enjoy this service

Available for all Maybank Savings or Current Account holders with Maybank2u Mobile/Online Banking access.

Don’t have a Maybank Savings or Current Account?


Fees and Charges

  • S$0 transfer fee to Maybank Malaysia
  • S$2 transfer fee to other banks in Malaysia
  • More info on fees and charges here.

How to add payee and transfer funds to Malaysia

To Sign Up For or Reset Mobile/Online Banking Access

Useful Information

Explore other Singapore-Malaysia Solutions

Interested in other Singapore-Malaysia banking solutions? From online account opening to cross-border payment, we have your needs in mind.

Explore the convenience of Maybank’s Singapore-Malaysia Connections now:


Important note

The classic Maybank Online Banking will be discontinued soon.

Effective 22 September 2023, Maybank Overseas Transfer will be disabled on classic Maybank Online Banking.

This change applies to individual customers (including Premier & Private customers) only. Maybank Business Internet Banking will remain unchanged.

Please proceed to perform the transaction on the new Maybank2u Online Banking instead. Scroll down to find out how.

For other guides on how to navigate and transact on the new Maybank2u Online Banking, click here.

Ready to give it a try? Click below to login with the same username and password to access.