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Sending money to Bank Rakyat accounts in Malaysia is easy with Remitbee. It just takes five easy steps.
Easily create a Remitbee account for free. This will give you exclusive access to a private Remitbee Wallet and a secure account in our system.
Tell us about yourself! Include your full name, address, and occupation. Double-check your email and phone number to make sure your information is accurate and correct.
Let us know the destination of your transfer. Provide the bank details of your recipient’s account. Include their bank name and account number. You also have the ability to choose whether the recipient is picking up the money or if it is going straight into their account.
Make sure you’re satisfied with the exchange rate that we provide you with. Once the exchange rate for CAD to MYR is satisfactory, enter the amount you want to send, select your payment method and confirm your transfer. The conversion rates change daily, but the fees for each payment method are fixed and permanent.
You’re all done! At this point, we’ll take care of the rest. Just keep an eye on your money through the Remitbee app and watch as it arrives in Malaysia.
There are many benefits to sending directly to Bank Rakyat with Remitbee. Here’s a quick overview:
Whether you're at home or away, you can do it at any time
Sending money online is more secure than sending it offline
We’re faster than most competitors and we’ll never charge you a fee for giving you the fastest service we can provide.
The recipient can access their money as soon as the transfer goes through
Here is the information you'll need to complete your Remitbee transfer.
Name of the recipient - Double-check that the name on the account you're transferring matches the name on your bank statements. This will prevent delays in your transfer.
Address - We'll need the address of the branch to which you're sending money so we can deliver it to the recipient's city.
The name of the French bank to which you are sending money is the bank name.
Account Number - This ensures that it reaches the account of the intended recipient.
Any transfer of 500 CAD or more is entirely free. The transaction fees for sending less than $500 CAD are mentioned below:
Interac Online - $2.99
E-transfer – Free
Bill Payment – Free
Electronic funds Transfer - Free
Visa or Mastercard Debit - $2.99+