🇦🇺→🇲🇾
Send Money from Australia to Malaysia
Businesses in Australia paying Malaysia suppliers for Palm Oil. Send AUD from Australia, receive MYR in Malaysia with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: T+0 (2.3s avg within Unicorn network) with transparent pricing
Save £2,020 per £100k Payment
Australia to Malaysia corridor savings
Traditional Bank
£2,525
- ❌ 2-3 day settlement
- ❌ Multiple correspondent banks
- ❌ Hidden FX margins
- ❌ High SWIFT fees
Unicorn Currencies
£505
- ✓ T+0 (2.3s avg within Unicorn network)
- ✓ Fast conversion
- ✓ Transparent 0.5% spread
- ✓ DuitNow
Your Savings
80%
£2,020 per £100k
At £300k-£3M monthly, save £5,055/year
Sending from Australia: What You Need to Know
AUD Origin Specifics
- AUD commodity currency (tracks iron ore/coal)
- NPP (New Payments Platform) real-time
- AUSTRAC compliance
Your Local Advantages
- Fast AUD conversion
- Competitive rates for AUD collection
Paying Suppliers in Malaysia: Compliance & Requirements
Regulatory Considerations
- Bank Negara Malaysia FX regulations
- Royal Malaysian Customs documentation
- Sales Tax (5-10%) on goods
- MDEC oversight for tech sector
Payment Best Practices
- Malaysia = Palm oil leader, electronics hub (Penang)
- DuitNow fastest for MYR payments
- Halal certification important for food/pharma
- Penang = Electronics manufacturing zone
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via DuitNow
Australia → Malaysia Corridor Insights
Popular Industries
- Palm Oil
- Electronics
- Rubber
Peak Trading Hours
AEDT (GMT+11) to GMT time zone consideration
Best for rate execution and faster settlement
Typical Volume
£50k-£250k
Average transaction size for this corridor
Monthly volume: £300k-£3M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.
Ready to Send AUD from Australia to Malaysia?
Save 80% on every payment with t+0 (2.3s avg within unicorn network).
Bank of Canada registered PSP | FINTRAC licensed MSB