Send Money from Canada to Maybank in Malaysia

Maybank, Malaysia

Maybank, Malayan Banking Berhad is a Malaysian universal bank having Malaysia, Singapore, and Indonesia as primary operating home markets. Maybank is Malaysia's most valuable bank brand, the fourth most valuable brand in the Asean region, and placed 70th in the world's most valuable bank brands, according to the 2020 Brand Finance study. With total assets over US$203 billion and a net profit of US$1.98 billion in 2019, Maybank is Malaysia's largest bank by market capitalization and total assets, as well as one of the largest banks in Southeast Asia.Maybank is also placed 349th in the Forbes Global 2000 Leading Companies and 106th in The Banker's 2020 Top 1000 World Banks (as of May 2020).

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How to Send Money to Maybank in Malaysia

With Remitbee, sending money to Maybank accounts in Malaysia is simple. With Remitbee, sending money to Maybank accounts in Malaysia is simple.

  • Create a free Remitbee account in minutes. 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.

What are the benefits of sending directly to Maybank?

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

  • No matter where you are, you can do it anytime - even from the comfort of your own home

  • It’s more secure than sending money 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

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 most competitive MYR exchange rates on the market by keeping our fees as low as possible and assessing rates daily. Paying by bill, Interact, or debit card incurs small fees, but you can use the Remitbee Wallet at no charge at any time. We are upfront about any fees, and you can see them in the application before you send money to Malaysia.

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.
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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.

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