🇬🇧🇲🇾

United Kingdom to Malaysia Business Payments

Your bank takes 3 days to settle a GBPMYR payment. Your Malaysia supplier waits. Your goods sit at port. Your margin shrinks by 2-4% before you even see the rate.

We settle in 2.3 seconds at 0.5%. Same day. Fully transparent.

Get a Free Quote

Bank of Canada regulated · FINTRAC registered · Used by $1M+ businesses

Every day your bank takes to settle a GBP→MYR payment costs you money you'll never recover.

Before we show you a single number, know this: we are regulated, audited, and transparent. Our pricing is published. Our client funds are segregated. These aren't marketing claims — they're regulatory requirements we meet daily.

Regulated by
Bank of Canada
PSP under RPAA
Registered with
FINTRAC
MSB: C100000159
Client funds held in
Segregated Tier-1 accounts
Never co-mingled
Published pricing
0.5% spread + £5
No hidden markups. Ever.

These aren't marketing claims — they're regulatory requirements we meet daily.

What Your Bank Really Charges on GBPMYR Payments

Two columns: your bank vs us. The difference on a single £100k payment is £2,020.

Your Bank
£2,525
  • 2-4% (hidden in the rate)
  • 2-3 business days
  • £25-40 SWIFT fee + correspondent charges
  • You see their rate, not the real rate
  • On £100k: you lose £2,500–£4,000
£505
  • 0.5% (published)
  • Settles in seconds — 2.3 second average
  • £5 flat
  • Live mid-market rate shown
  • On £100k: you pay £505

On a single £100,000 payment, the difference is £2,020. If you make 10 payments a year, that's £20,200 your bank kept.

There's a fourth cost your bank charges that most businesses never see. It doesn't appear on any statement.

See the hidden cost →

The Cost Nobody Talks About: Float

When your bank takes 3 days to settle a payment, they hold your money for those 3 days. That money earns interest — for them, not you. On a £500,000 payment held for 3 days at 5% base rate, your bank earns approximately £205. Multiply by your annual payment count.

Your annual payments × £205 = money your bank earns from your slowness.

How Paying Malaysia Suppliers Actually Should Work

1. Upload Your Invoice

Drop your supplier's PDF invoice. Our AI reads the amount, currency, and beneficiary details in seconds. No manual data entry.

2. See the Real Rate — Live

We show you the mid-market GBP/MYR rate with our 0.5% spread applied. No hidden markups. Watch your P&L in real-time — red when you're losing margin, green when you're gaining.

3. Lock and Send — 15-Second Window

See a good rate? Lock it for 15 seconds. Check with your team. Confirm when ready. Payment settles in 2.3 seconds average.

4. Instant Proof of Payment

Your supplier gets confirmation immediately. Documents released. Goods cleared. No 3-day wait wondering if the SWIFT went through.

The Numbers

2.3s
Average settlement time
0.5%
Published FX spread
£5
Flat payment fee
15s
Rate lock window

Bank of Canada supervised PSP under RPAA · FINTRAC registered MSB · Client funds in segregated Tier-1 bank accounts

Sending from United Kingdom: What You Need to Know

GBP Origin Specifics

  • GBP free-floating 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.

How Fast Can You Send Money from United Kingdom to Malaysia?

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
Settles in seconds — 2.3 second average
via DuitNow

What You Get That Your Bank Won't Offer

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

Why Businesses Making United KingdomMalaysia Payments Switched

Used by $1M+ businesses

£70M+ processed annually

FINTRAC registered · Bank of Canada supervised

Client funds held in segregated Tier-1 bank accounts

Questions Importers Ask About GBPMYR Payments

How fast does the money actually arrive?

Within our network: 2.3 seconds average, wallet-to-wallet. Via traditional SWIFT to your supplier's bank: 1-3 business days depending on correspondent banks. Either way, faster than the 3-5 days your bank typically takes for GBP→Malaysia payments.

What's the catch with 0.5% spreads?

No catch. We publish our pricing. 0.5% FX spread + £5 flat fee per payment. No correspondent bank charges, no hidden markups, no "market volatility" surcharges. Your bank charges 2-4% because they can — you can't see it in the rate.

Is my money safe?

Client funds are held in segregated accounts at Tier-1 banks — never co-mingled with our operational funds. We are supervised by the Bank of Canada as a Payment Service Provider and registered with FINTRAC as a Money Services Business.

Can I send large payments (£100k+)?

We're built for it. Our platform handles £100k to £10M+ payments daily on the GBP-MYR corridor. At these volumes, the savings vs your bank become material — £2,000+ per transaction. You also get a dedicated relationship manager, not a call centre.

What if I need to pay multiple Malaysia suppliers?

Upload multiple invoices, lock rates individually or in batch, and settle all at once. Each payment gets its own confirmation and audit trail. You typically need the recipient's local account details (DuitNow), account number, and beneficiary name.

All payments are subject to standard compliance and sanctions screening. Certain industries and countries not supported.

We know switching providers feels like one more thing to manage. It took our clients an average of 5 business days from first conversation to first payment. Most say they wished they'd done it sooner.

Your Next GBPMYR Payment Doesn't Have to Take 3 Days

Your Malaysian supplier doesn't have to wait. Your goods don't have to sit at port. Your margin doesn't have to shrink by 2-4% on every invoice.

That was the old way. There's a new way now.

Onboarding takes 5 business days · Dedicated relationship manager · Cancel anytime