My Local Exchange

malaysian flag

Send Money to Malaysia Easily and Securely

Looking for a fast, reliable way to send money to Malaysia? My Local Exchange has you covered. Whether it’s for family support, business needs, or personal transactions, our competitive rates and secure services make it easy.

In partnership with Western Union

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Why Choose My Local Exchange to Send Money to Malaysia?

We make transferring money to Malaysia simple, secure, and affordable. Here’s why customers trust us:

Instant transfers: Send funds for immediate cash pickup or quick bank deposits.

Competitive exchange rates: Maximise the value of your money.

Secure transactions: Enjoy peace of mind with advanced fraud protection and encryption.

Multiple transfer options: Cash pickup, bank transfer, or mobile wallet support.

Friendly support: Our team is here to help every step of the way.

Instant Cash Pickup

Send money for immediate cash collection at multiple agent locations in Malaysia. Perfect for emergencies or when funds are needed quickly.

  • Speed: Funds are ready within minutes.
  • Convenience: Recipients can access money from numerous collection points.
  • Security: Robust measures to protect personal information.

Bank Transfers to All Major Banks

We support transfers to leading banks in Malaysia, including Maybank, CIMB, and Public Bank. This option is ideal for secure and traceable transactions.

  • Safe: Funds go directly to the recipient’s bank account.
  • Cost-effective: Lower fees for larger sums.
  • Reliable: Transactions are traceable for peace of mind.
send money to a malaysian bank account

Transparent Fees and Competitive Rates

  • Transparent Fees and Competitive Rates

    We prioritise transparency in fees and exchange rates, so you always know how much your recipient will receive.

    • Low fees: No hidden charges or surprises.
    • Fair rates: Get the most value for your money.
    • Cost estimators: See exact fees before you send.

Frequently Asked Questions

Let’s answer some of your questions!
We understand that sending money internationally can sometimes raise a few concerns. That’s why we’ve compiled some of the most common questions our customers ask, to help you feel more informed and confident in the process. Whether you’re curious about transfer times, fees, or security, we’ve got you covered.

Yes, with our cash pickup option, funds are available instantly at agent locations.

You’ll need the recipient’s full name, bank account details (if applicable), and the amount you wish to send.

Fees vary depending on the method and amount. Contact us for a detailed fee breakdown.

Absolutely. We use advanced encryption and fraud protection to safeguard your money and data.

We provide a unique tracking number so you can monitor your transfer in real time.

How to Send Money to Malaysia with My Local Exchange

Sending money to Malaysia with My Local Exchange is very simple. We have outlined the steps below.

my local exchange logo

Step 1

Visit Our Store

Drop by our store at 12 High Street, Wednesfield, Wolverhampton, WV11 1SZ. Our friendly team is here to help—just bring along a valid ID, like your passport, driving licence, or citizen card, and we’ll take care of the rest.

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Step 2

Choose the Destination Country and Amount

Start by selecting the country to which you’re sending money and the amount you wish to transfer. Be sure to consider key factors like the current exchange rates and any relevant transfer fees. Also, ensure that your chosen transfer method is supported in the destination country. Evaluating these elements will help ensure a smooth transfer and maximise the value for the recipient.

transfer money

Step 3

Select Your Preferred Transfer Method

Next, select the most suitable transfer method. Options include online transfers, cash pickup services, and direct bank transfers. Each method has its own advantages:

  • Online Transfers: Complete transactions securely from your home via a digital platform.
  • Cash Collection: Immediate access to cash at designated Western Union agent locations worldwide.
  • Bank Transfers: Directly send money to your recipient’s bank account, although it may take slightly longer to process.
ID Card

Step 4

Provide Recipient Details in Malaysia

Make sure the recipient’s details are accurate to avoid any potential delays. For bank transfers, you’ll need to provide information such as the recipient’s bank name, bank account number and sort code. For cash pickup, ensure the recipient’s name matches their ID to facilitate seamless collection. Accurate information is key to ensuring the transfer is completed successfully.

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Step 5

Confirm and Pay

Once all details have been entered, carefully review the transaction summary. Confirm the recipient’s details, the amount being sent, and any applicable fees. Choose your payment method—whether a debit card, credit card, or bank transfer—and complete the transaction securely. You will receive a unique MTCN number to track the transfer.