Use this list to find the cheapest, fastest way to transfer funds online, If you are looking for the best way to send funds to Malaysia from the United States. 

It can be time-consuming to explore fund transfer companies and compare the best rate of foreign exchange. This article will show you which service has transparent charges, mobile apps, and different delivery options to make your global fund transfers easier. 

Best funds transfer services to send money from the USA to Malaysia 

Wise (formerly known as TransferWise) 

Wise is the easiest way to do it If you prefer to transfer funds online. It’s incredibly simple to set up an account or make a transfer using their app. They also have the best exchange rates, because they offer the same market rate you see on XE or Google and they do not add any unforeseen exchange rate markups. 

• Transfer charges-3.53USD plus 0.64 percent of your quantum. 
• Exchange Rate-Wise gives you the best possible rate (google rate). They don’t use a peripheral. 
• Extra charges-Bank debit (ACH) is the cheapest; also bank line transfer; followed by debit card and credit card. 

Your beneficiary will get the funds in Malaysian ringgit from Wise’s original account within 0-1 business day. 

Unique features 

• Quick online set-up. 
• Transparent charges offer the best rates online. 
• Many fast transfers to a bank account. 
• Simple cell phone app. 

Remitly 

Remitly is a good option if you’re looking to send funds using credit or debit cards. Funds can also be transferred within minutes with their express option. Remitly has no minimum limit so it can be handy when transferring small quantities to family or relatives overseas. What we like about Remitly is they’re cheaper than Xoom/ PayPal or Western Union for fund transfers within minutes. It’s also easy to make payments on the Remitly website or mobile app. 

• Transfer charge-$4.99 for Express options.
• Exchange Rate-The exchange rate you get depends on the quantum of your transfer and which country your funds are being transferred to. They’re completely certified and authorized. 

Uniques features 

The person can get their funds transferred by bank deposit, cash picks over, mobile money, or home delivery. 

Funds-reverse guarantee-if your funds do not arrive on time. 

Same-day cancellation requests are accepted. 

Easy to subscribe up and quick to transfer funds on mobiles or laptops. 

WorldRemit 

WorldRemit specializes in remittances and lower transfers. They are perfect for particular fund transfers from the US of over ten thousand US dollars to Malaysia. Their rates are generally better than your regional bank’s and they offer more flexible delivery options than companies like PayPal, Western Union, or MoneyGram. 

• Transfer charges are 3.99 USD. 
• Exchange Rate-WorldRemit adds a periphery to the exchange rate. 
• The maximum transfer quantum is five thousand US dollars.
• For a line transfer, they will get Malaysian ringgit in 2 working days. Cash delivery is ready with a valid print ID and sale reference number. 

Its best features 

• Offers cash pick-up, bank deposits, Mobile Money, and Airtime top- over. 
•  Easy online platform and cell phone app. 
•  Transparent costs with an accurate calculator tool. 

XE Plutocrat Transfers 

As a trusted and seasoned name in foreign exchange, XE could be a good option for online customers who are not under time pressure. They do not charge fixed costs and do not have any minimal quantities so are good for any sized sale. 

Transfer Figure-Free, but there can be unforeseen charges at the regional bank. 

Exchange Rate-The USD/ MYR exchange rate you get, when you convert your US dollars into Malaysian ringgit, will depend on the quantum of your transfer. 

Your receiver will get the funds in Malaysian ringgit into their account in 1-3 business days. 

They’re certified as a Money Transmitter by the DFS in New York and registered with FINTRAC. 

 Unique features 

• No charges or minimum quantities for funds transfers. 
• More exchange rates for larger quantities. 
• A Well- known and trusted brand. 
• Business and individual support, plus accessible client service.