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Transfer Money from Malaysia to Indonesia Using Maybank2u

Learn how to effortlessly transfer money from Malaysia to Indonesia using Maybank2u's Foreign Telegraphic Transfer and Western Union's convenient service. Discover the step-by-step process and fees involved.

Transferring money from one country to another has become easier than ever with the help of online banking and reliable international money transfer services. 

If you're in Malaysia and need to send money to Indonesia, Maybank2u offers an efficient solution through Foreign Telegraphic Transfer (FTT). 

Additionally, Western Union provides a straightforward method for overseas funds transfer. 

In this article, we will explore how to transfer money from Malaysia to Indonesia using Maybank2u and Western Union, ensuring your funds reach their destination securely and conveniently.

Transfer Money from Malaysia to Indonesia Using Maybank2u

Maybank2u: Foreign Telegraphic Transfer (FTT)

Maybank2u offers the Foreign Telegraphic Transfer (FTT) service, allowing you to send money internationally with ease. Here are the key benefits and steps to use this service:

Benefits of Maybank2u's FTT

  • Enjoy lower rates when you send a minimum of RM10,000 via Maybank2u or Maybank2u Biz web and the MAE app.
  • Send your money worry-free with the highly secure SWIFT system.
  • Easily make transfers online via Maybank2u, Maybank2u Biz web, and the MAE app, or at any Maybank branches and Money Exchange Booths.
  • Transparent service charges upfront, and the option for Guaranteed OUR ensures the amount is credited to the beneficiary's account.
  • Exclusive lower rates for Maybank Private, Maybank Premier, or Maybank Privilege customers when sending a minimum of RM10,000 via Maybank2u web and the MAE app.

How to Perform FTT Online

To send money overseas using Maybank2u's Foreign Telegraphic Transfer, follow these steps:

  1. Log in to the Maybank2u website.
  2. Click on "Transfer" and select "Transfer to Overseas."
  3. Enter the recipient's country and the amount to transfer.
  4. Choose "Foreign Telegraphic Transfer" as the transfer method.
  5. Submit the FTT transaction.

If you're using Maybank2u.Biz or the MAE app, the process is similarly straightforward. This convenient service ensures that your international money transfer is quick and hassle-free.

Service Charges

Maybank2u offers competitive service fees for international transfers. For over-the-counter transactions at Maybank branches and Money Exchange Booths, the service fee is RM30.

For online transfers via Maybank2u website, Maybank2u.Biz website, and the MAE app, the service fee is RM10.

Please note that G'OUR charges may apply, and there's an additional IDR 15,000 for the Indonesian beneficiary bank fee.

Western Union Maybank2u

Another reliable option for transferring money from Malaysia to Indonesia is Western Union. This renowned service provides multiple benefits:

Benefits of Western Union

Convenience of Choice: Senders can choose between 'Credit to Account' or 'Cash Pick-Up' at Western Union agents.

Receive Money Online: Beneficiaries can receive funds without visiting an agent, thanks to the 'Credit to Account' option.

High Transfer Limit: Send up to RM9,999.00 per day.

Available Anytime: Send and receive money at any time, even on Sundays, with minor service maintenance interruptions.

Competitive Fee: Western Union offers low service fees for each transfer.

Wide Network: Receivers can cash out at 500,000 agent locations in over 200 countries.

Instant Transfer: Enjoy immediate and reliable money transfer worldwide via cash pick-up.

How to Transfer Online with Western Union Maybank2u

Here's a step-by-step guide to transferring money online using Western Union via Maybank2u:

  1. Select 'Pay & Transfer' on Maybank2u.
  2. Click on 'Transfer' and choose 'Overseas.'
  3. Select the destination country (Indonesia).
  4. Enter the amount you want to transfer.
  5. Choose the preferred currency.
  6. Select 'Western Union' as the mode of transfer.
  7. Fill in the transfer details and click 'Transfer.'
  8. Request a TAC number, confirm the transaction, and you're all set!
  9. You can save this transaction as a 'Favorite' for future reference, making it even more convenient for your next transfer.

Money Transfer Fee Table

Western Union offers competitive service fees based on the transfer amount:

How to Transfer Online with Western Union Maybank2u

  1. For transfers ranging from RM150.00 to RM500.00, the service fee is RM5.00.
  2. For amounts between RM500.01 and RM3,000.00, the service fee is RM12.00.
  3. Transfers ranging from RM3,000.01 to RM10,000.00 incur a service fee of RM15.00.

Conclusion

Sending money from Malaysia to Indonesia is a straightforward process, thanks to Maybank2u's Foreign Telegraphic Transfer and Western Union's convenient services. 

Whether you prefer the security and transparency of Maybank2u's FTT or the flexibility and wide network of Western Union, you can trust that your funds will reach their destination reliably. 

Choose the option that best suits your needs, and enjoy hassle-free international money transfers.

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