Send Money from Canada to OCBC Malaysia Bank in Malaysia

OCBC Malaysia Bank, Malaysia

OCBC Malaysia Bank, is a worldwide banking and financial services corporation based in Singapore's OCBC Centre. In 1932, the Chinese Commercial Bank Limited, the Ho Hong Bank Limited, and the Oversea-Chinese Bank Limited merged to form OCBC Bank, which was formed out of the Great Depression. Global Finance Magazine frequently ranks OCBC Bank among the top 5 safest banks in the world. OCBC Bank was rated Singapore's strongest bank for 2018-2019, and the fifth strongest in Asia-Pacific, by Asian Banker. The bank's global network now spans 18 countries and regions, with over 570 branches and representative offices.

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How to Send Money to OCBC Malaysia Bank in Malaysia

Sending transfers to OCBC Malaysia Bank accounts in Malaysia is simple with Remitbee. It just takes 5 effortless steps.

  • To get your Remitbee account, fill out the form below. It's free, simple, and gives you access to Canada's best CAD to MYR transfers.

  • Give us your full name, address, and job title. To keep your assets and accounts safe, we'll need a photo of your ID as an extra security measure.

  • Choose Malaysia as your money transfer destination and enter the amount you want to send.

  • The next stage is to gather information about your intended receiver. Your beneficiary's full name, phone number, and bank account number will be required.

  • Check all of the details of your transaction before clicking Confirm! The rest will be managed by our team. Simply keep an eye on it via the Remitbee app and wait for your support to reach your family.

What are the benefits of sending directly to OCBC Malaysia Bank?

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

  • It is less costly. When you transfer more than $500, we don't charge any fees.

  • It's more efficient. Almost all internet exchanges to Malaysia are completed in under a minute.

  • You can do it from your phone or a computer.

  • Your beneficiaries will be able to access their funds as soon as they arrive.

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 try to keep our fees as low as possible and assess rates daily to bring you the most competitive MYR exchange rates on the market. There are small fees when you choose to use bill, Interact or debit card payment methods, but you can also use the Remitbee Wallet without paying fees 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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