The best way to send money to Malaysia has evolved dramatically. Instead of relying solely on traditional banks—often slow, expensive, and opaque—innovative fintech firms now offer faster, cheaper, more transparent options.
One standout in this space is TransferXO, a platform designed for seamless digital remittance worldwide.
Whether you’re sending funds for family support, paying vendors, or managing investments, TransferXO is gaining attention for its flexibility, clear pricing, and inclusion of cryptocurrency routes like Tether (USDT).
In this guide, we explore why TransferXO is the best way to send money to Malaysia in 2025—covering transfer methods, fees, delivery time, security, and comparison with other methods.
Related: How to Pay for Spotify in Nigeria with the TransferXO Debit Card in 6 Easy Steps
What is the best way to send money to Malaysia?
The best way to send money to Malaysia depends on your needs—speed, cost, convenience, and recipient preferences. However, in 2025, TransferXO stands out as one of the most reliable and cost-effective options.
It offers multiple methods of transfer including bank transfers, debit/credit card payments, mobile wallets, and even cryptocurrency (like USDT), allowing users to choose what works best for them.
For regular remittances, bank transfers through TransferXO are a great choice, typically delivered within 1–2 business days at a low flat 0.75% fee. For faster delivery, the express option or crypto transfers (processed within minutes to hours) are ideal—especially for time-sensitive or urgent transactions.
Unlike traditional banks that often charge high fixed fees and offer unfavorable exchange rates, TransferXO provides competitive exchange rates with no hidden charges, making it a transparent and economical option.
Security is another major advantage. TransferXO uses encrypted systems, KYC verification, and two-factor authentication to ensure every transaction is safe and compliant.
Whether you’re sending money to family, making business payments, or managing international financial needs, TransferXO combines speed, affordability, and flexibility—making it one of the best ways to send money to Malaysia.
Why TransferXO stands out as one of the best platforms for sending money
TransferXO a top choice for secure, fast, and affordable international money transfers.
1. Low, Transparent Fees
TransferXO charges a flat 0.75% transfer fee, with no hidden costs for deposits or withdrawals. This pricing structure is simple, affordable, and more transparent than many banks or competitors that add exchange rate markups or surprise charges.
2. Multiple Transfer Methods
Users can choose from bank transfers, debit/credit card payments, mobile wallets, or cryptocurrency (like USDT). This flexibility allows you to select the best method based on speed, convenience, and cost.
3. Fast Delivery Options
TransferXO offers standard delivery (1–2 business days), express service (a few hours), and crypto transfers (within minutes to a few hours). You can match the delivery time to your urgency.
4. Cryptocurrency Support (USDT)
Few platforms offer crypto like Tether (USDT) for international remittance. TransferXO supports this, giving users a fast, borderless, and low-fee alternative for sending money across countries.
5. Strong Security and Compliance
With features like KYC verification, 2FA (Two-Factor Authentication), and data encryption, TransferXO ensures your transactions and information remain secure and compliant with global financial regulations.
6. User-Friendly Platform
Both the web and mobile interfaces are designed for ease of use, whether you’re a first-time user or a regular sender. Real-time tracking and support add to the smooth user experience.
Related: How to Pay for IELTS in Nigeria with TransferXO Debit Card
How Transferxo Works—Step-by-Step
Transferxo delivers the efficiency that defines the best way to send money to Malaysia.
1. Sign Up & Verify Identity
Create an account via the web or app and complete KYC with ID and address verification.
2. Set Currency Pair & Amount
Choose GBP→MYR, USD→MYR, EUR→MYR, etc., enter the amount you’re sending.
3. Review Rate, Fee & Delivery Promise
Transferxo locks in mid-market exchange rate plus a clear fee; delivery displayed as minutes or same-day.
4. Fund Your Transfer
Pay by bank transfer, debit/credit card, or other supported methods.
5. Track Your Transfer
You and your recipient receive automated tracking from the sender through payout in MYR to Malaysian bank.
6. Funds Land in Recipient Bank
Typically settles in Malaysian accounts within minutes or by end of banking day.
How to Send Money to Malaysia with Debit card
1. Create an Account: Sign up on the TransferXO website or mobile app using your email or phone number.
2. Add a Recipient: Provide the recipient’s name, country (Malaysia), and bank details.
3. Choose a Payment Method: You can send money using a TransferXO debit card or direct bank transfer. Currently, credit card transfers are not supported, which ensures transactions are direct and controlled.
4. Enter the Amount: Input how much you want to send. TransferXO will show the exchange rate, fees, and amount the recipient will get.
5. Confirm and Send: Review the details and confirm the transfer. You’ll receive tracking updates in real-time.
How to Send Money to Malaysia with Stable Coins (Cryptocurrency)
1. Create a TransferXO Account: Visit TransferXO and sign up for an account. Complete the necessary identity verification (KYC) as required.
2. Fund Your Wallet: Deposit stablecoins such as USDT, USDC, or DAI into your TransferXO wallet. These stablecoins are pegged to the US dollar, providing stability during the transfer.
3. Initiate the Transfer:
- Select Stablecoin: Choose the stablecoin you wish to send.
- Enter Recipient Details: Provide the recipient’s wallet address in Malaysia . Ensure the recipient uses a compatible wallet that supports the chosen stablecoin.
- Specify Amount: Enter the amount you intend to send.
4. Confirm and Send: Review the transaction details, including any fees, and confirm the transfer. TransferXO will process the transaction, and the recipient should receive the funds promptly, depending on network congestion.
How to Send Money to Malaysia with Bank Transfers
1. Create a TransferXO Account: Visit TransferXO and sign up for an account. Complete the necessary identity verification (KYC) as required.
2. Fund Your Wallet: Deposit funds into your TransferXO wallet using your preferred method, such as a local bank transfer or other supported options.
3. Initiate the Transfer:
- Select ‘Bank Transfer’: Choose the bank transfer option for sending money.
- Enter Recipient Details: Provide the recipient’s full name and their International Bank Account Number (IBAN).
- Specify Amount and Currency: Enter the amount you wish to send and select the desired currency.
4. Review and Confirm: Double-check all the entered information, including recipient details and the transfer amount. Confirm the transaction to proceed.
5. Track the Transfer: Use TransferXO’s tracking features to monitor the status of your transfer until the recipient confirms receipt.
Read also – Best Way to Send Money to Austria from Nigeria
How to Send Money to Malaysia with Gift Cards
1. Sell Your Gift Card on TransferXO: Visit the TransferXO platform and create an account if you haven’t already.
Navigate to the gift card trading section and select the type of gift card you possess (e.g., Amazon, iTunes, Visa).
Follow the prompts to sell your gift card in exchange for cryptocurrency or fiat currency.
2. Convert Proceeds to Cryptocurrency or Fiat: Once your gift card is sold, you’ll receive the equivalent value in your TransferXO wallet.
You can choose to hold the funds in cryptocurrency (like USDT or Bitcoin) or convert them to fiat currency, depending on your preference.
3. Initiate a Transfer to Malaysia : If you have fiat currency, use TransferXO’s bank transfer services to send the funds directly to the recipient in Malaysia .
How to Send Money to Malaysia with Mobile Money Transfers
1. Sell Your Mobile Money Balance on TransferXO: Visit the TransferXO platform and create an account if you haven’t already.
Navigate to the mobile money trading section and select your mobile money provider (e.g., M-Pesa, MTN Mobile Money).
Follow the prompts to sell your mobile money balance in exchange for cryptocurrency or fiat currency.
2. Convert Proceeds to Cryptocurrency or Fiat: Once your mobile money balance is sold, you’ll receive the equivalent value in your TransferXO wallet. You can choose to hold the funds in cryptocurrency (like USDT or Bitcoin) or convert them to fiat currency, depending on your preference.
3. Initiate a Transfer to Malaysia: If you have fiat currency, use TransferXO’s bank transfer services to send the funds directly.
What Information do I need to send money to Malaysia?
You need to register with TransferXO to send an international money transfer. You can do it on the website or access the TransferXO app on your Android or iOS phone. We’ll need the following details:
- Personal details: Sign up with your full name, email address, mobile phone number, gender, birth date and address.
- Transfer details: Choose the amount you want to send abroad, select how your receiver wants to get the money, and lastly, how you want to pay. You will always see our fees upfront, the final amount you will pay, and the exact amount your receiver will get.
- Receiver details: Based on the receive method, we need specific details of your receiver abroad. The receiver’s full name, mobile number and email address are always required to send money. Your receiver does not need to have a WorldRemit account.
- Payment details: You will need a bank account, a debit card to send money abroad.
Related: How to Pay Canada visa fee in Nigeria with TransferXO Debit Card
Do I need verification before sending money to Malaysia?
Yes, you need to complete verification before sending money to Malaysia using TransferXO. This is a standard requirement designed to ensure compliance with global financial regulations, including Know Your Customer (KYC) and Anti-Money Laundering (AML) laws.
Verification helps protect your account, prevent fraud, and maintain a secure environment for all users.
When you sign up on TransferXO, you’ll be asked to verify your identity by submitting a government-issued photo ID and a recent proof of address. This process is quick and usually completed within minutes to a few hours, depending on the volume of verification requests.
Without completing this step, your account will remain limited, and you won’t be able to access the full range of services, including sending money internationally.
Completing verification also unlocks higher transaction limits and allows you to choose from different transfer methods such as bank transfers, debit or credit card payments, mobile wallet deposits, and cryptocurrency like USDT.
In short, verification is not just mandatory—it also enhances your overall experience by giving you full access to TransferXO’s features and ensuring that your money is transferred securely and efficiently to Malaysia.
Conclusion
In conclusion, the best way to send money to Malaysia in 2025 is through a platform that combines speed, affordability, flexibility, and security—qualities that TransferXO delivers exceptionally well.
Whether you’re using traditional bank transfers, card payments, or modern methods like cryptocurrency (USDT), TransferXO offers a transparent and user-friendly solution tailored to your needs.
With low fees, fast delivery times, and multiple funding options, it stands out as a top choice for individuals and businesses alike.
For anyone looking for the best way to send money to Malaysia efficiently and securely, TransferXO is a smart, reliable, and future-ready option.
FAQs
What is the fastest way to send money to Malaysia using TransferXO?
The fastest method is through cryptocurrency (USDT) or the express transfer option, both of which can deliver funds within minutes to a few hours, depending on network congestion and processing times.
How much does it cost to send money to Malaysia with TransferXO?
TransferXO charges a flat 0.75% fee on transactions. There are no hidden charges on deposits or withdrawals, although cryptocurrency network fees or card processing fees may apply depending on the method you choose.
Do I need to verify my account before sending money?
Yes. You must complete KYC verification by providing a valid photo ID and proof of address before you can send money internationally. This ensures compliance with global financial regulations and enhances security.
Can I send money to both bank accounts and crypto wallets in Malaysia?
Yes. TransferXO supports transfers to *
Malaysian bank accounts, and if using crypto, you can send to Malaysian crypto wallets or exchanges for conversion to MYR.
Is TransferXO safe for sending money to Malaysia?
Absolutely. TransferXO uses encryption, identity verification, and two-factor authentication (2FA) to ensure that your funds and data are secure throughout the transfer process.