Send Money from Canada to CIMB Bank in Malaysia

CIMB Bank, Malaysia

CIMB Bank, is a Malaysian universal bank based in Kuala Lumpur that operates in ASEAN's fast-growing countries. The CIMB Group is an ASEAN investment bank based in Malaysia. With 1,080 branches in the region, CIMB has a large retail branch network. In addition to its four primary operational regions of Malaysia, Indonesia, Singapore, and Thailand, the group has a developing presence in Cambodia and the Philippines, where it offers complete consumer banking services. Authorized Agent Banks (AABs) of CIMB Bank cover Malaysia and Singapore directly. BDO Universal Bank Inc. is an Authorized Agent Bank for International Treaty Tax Collection (AAB) and serves the Philippines directly.

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How to Send Money to CIMB Bank in Malaysia

Sending money to CIMB Bank accounts in Malaysia is easy with Remitbee. It just takes six easy steps.

  • Set up a free Remitbee account. This is free, easy, and gives you access to a private Remitbee Wallet and a secure account in our system.

  • Provide us with information about yourself, including your full name, address and occupation. Verify your email and phone number.

  • Tell us where you want to send your money. We need the bank details for the recipient account, including bank name and account number. You can also designate whether the recipient is picking up the money or if it is going straight into their account.

  • Check the CAD to AUD rate. Once the exchange rate for CAD to AUD 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.

  • Track your money. At this point, you’ve done everything you need to do! We’ll send your money, just keep an eye on it in the Remitbee app and watch as it arrives in Malaysia.

  • Our job is to help provide a service fit for a hero. Anyone who sends money online to Malaysia to support their family deserves the best service for their efforts!

What are the benefits of sending directly to CIMB Bank?

There are many benefits to sending directly to CIMB Bank with Remitbee. Here’s a quick overview:

  • Secure and fast! Avoid lineups at the store or bank

  • 100% online, send easily using your phone, tablet or laptop

  • Free transfers over 500$

What is the information you need to complete the transfer?

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.

How Remitbee calculates the CAD to MYR exchange rate

We provide the finest MYR exchange rates by analysing markets on a daily basis. When you utilise bill, Interact, or debit card payment methods, there are modest costs, but you can also use the Remitbee Wallet without paying any fees at any time. We are upfront about all fees, and you may see them before sending money to Malaysia in the application.

Send money to all major Banks in Malaysia

How international money transfers work

International wire transfers take place using the SWIFT network. Transfer instructions are sent from the sender’s bank to the recipient’s bank and any fees are assessed before the transfer is approved. One of the banks will calculate the exchange rate CAD to MYR, and the money is moved between accounts.

Check our refer and earn program!

Get $20 for every successful referral while the referred person gets $10 towards their first transaction. Use your unique referral code to invite your friends and register with it. Once they send their first transfer of at least C$200 or exchange at least C$1,000, you’ll get C$20 credited to your RemitBee account. There is no limit on the number of referrals you can make so the earning potential is endless! So, keep referring and earning with RemitBee.


Frequently Asked Questions

Yes, you very certainly can.

You can choose to pay using Interac e-Transfer, Interac Online, Bill payment, Electronic Funds Transfer or Visa or Mastercard Debit.

Only direct bank account transfers are available for transfers to the Malaysia.

When you verify your account, you may send up to $9,000 CAD per day and $50,000 CAD per month.

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+

The CAD to MYR exchange rate is currently 1 CAD for {{MYR}} MYR. This changes daily.

The maximum amount of money you can send in MYR is dependent on your account's verification level.

The minimal Verification Level 1 allows you to send only 50 CAD daily, and up to 500 CAD monthly.We recommend Verification of Level 2.

It will allow you to send up to 3,000 CAD daily, and up to 25,000 CAD monthly.For users who need to transfer larger amounts of money we also have a good option – Verification Level 3.

It allows you to send 9,000 CAD daily, and up to 50,000 CAD monthly.

We are also working on Verification Level 4 to provide our customers with even higher sending limits. Remember, verification is a one-time process.

Once you have been verified, there is no need to provide any other documents.

Download Remitbee Mobile App

Created for our customers on the go, the Remitbee app has all the functionality you expect from the website compacted into your iPhone or Android device! Designed for speed, efficiency and safety, our app is the best way to use Remitbee.

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