🏴→🇲🇾
Send Money from England to Malaysia
English businesses and traders paying Malaysia suppliers. Send GBP from England, receive MYR in Malaysia with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: Local GBP collection + local MYR delivery = no correspondent bank fees
Save £2,020 per £100k Payment
England 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)
- ✓ Local GBP collection
- ✓ Transparent 0.5% spread
- ✓ DuitNow
Your Savings
80%
£2,020 per £100k
At £300k-£3M monthly, save £5,055/year
Sending from England: What You Need to Know
GBP Origin Specifics
- England uses GBP currency
- Post-Brexit customs documentation
- FCA regulated payment services
Your Local Advantages
- Local GBP account available
- Faster Payments instant collection
- No correspondent bank fees on origin side
Local Collection Method
Faster Payments
Instant (T+0) • UK domestic instant payments. Money available immediately.
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
England → Malaysia Corridor Insights
Popular Industries
- Palm Oil
- Electronics
- Rubber
Peak Trading Hours
GMT 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 GBP from England to Malaysia?
Save 80% on every payment with t+0 (2.3s avg within unicorn network). Local GBP collection available.
Bank of Canada registered PSP | FINTRAC licensed MSB