Cross-Border | Fund Transfer

Cross-Border Fund Transfer

In collaboration with PayNow Singapore, Malaysians are now able to send and receive money from Singapore instantly through DuitNow via your online banking or eWallet* mobile app.

Transfer funds to any PayNow-registered mobile number in Singapore from
the selected mobile banking and eWallet apps.

How To Cross-Border Fund Transfer

Effortlessly send and receive funds across borders with DuitNow

01

Login

Login to the participating banks' online banking or eWallet's mobile app. Select or enter the PayNow-registered mobile number or Virtual Payment Address (VPA) proxy in Singapore.

02

Search

Key in amount and confirm payment details.

03

Transfer

Transfer completed.

Where To Cross-Border Fund Transfer


In Malaysia

In Singapore





*Please note that users may only send and receive cross-border fund transfers from the available participants in Malaysia and Singapore that are stated above.
For more information, please contact your respective banks or eWallets.

Frequently Asked Questions

Why Cross-Border Fund Transfer

With Cross Border Fund Transfer, you can conveniently transfer money to your friends or families in Singapore using their PayNow registered Mobile number or VPA instantly on 24/7 basis anywhere.

Do I need to register to do Cross-Border Fund Transfer

Registration is not required to send money via Cross-Border Fund Transfer.
In order to receive money via Cross-Border Fund Transfer, a one-time registration is needed to link your ID with your bank account or e-money account.

Where can I perform a Cross-Border Fund Transfer?

Cross Border Fund Transfer is available at the Internet and Mobile Banking channels of participating banks in Malaysia, as well as participating e-money mobile apps.

How quickly does Cross-Border Fund Transfer occur?

It’s immediate and recipients will receive money in their bank account or e-money account instantly.

How to receive fund via Cross-Border Fund Transfer?

You must first register for DuitNow by linking your Mobile number with your bank account or e-money account at participating banks and payment providers.
Once you have registered, Cross-Border payers can direct payments to you using your DuitNow registered Mobile number (DuitNow ID).

Is there a limit for Cross-Border Fund Transfer?

Consumers may transfer up to RM 3,000 per day at participating banks or e-Money payment providers.

What would be the exchange rate? How would the foreign exchange rate be determined?

The exchange rate will be quoted by your bank or eWallet and displayed to you before you confirm the transfer.

Which currency deduction will be shown for Cross-Border Fund Transfer?

The amount deducted from your bank or eWallet account will be in MYR.