SWIFT/BIC codes in Malaysia: banks starting with A

Malaysia: banks and their SWIFT/BIC codes

Here you will find the SWIFT/BIC codes of 321 institutions in Malaysia – 413 codes altogether. Each code identifies an institution or a specific branch or department.

Look for the recipient’s bank below and click through for all codes we have and the details a transfer needs. Further down we explain how codes from Malaysia are built, how to send money there at a fair price and how to check a code before you pay.

Why a transfer to Malaysia needs a SWIFT code

Because Malaysia is outside SEPA, an international payment is usually sent through SWIFT. That means you always need the SWIFT/BIC code of the recipient’s bank.

Depending on the country, accounts are identified by a domestic account number rather than an IBAN, sometimes with an extra bank or branch code. The recipient’s bank often has a list of required details for payments from abroad – follow them exactly. Before it arrives, a transfer may go through correspondent banks.

Filter: banks in Malaysia with :letter

You are looking at a filtered list: just banks in Malaysia whose name begins with :letter. The totals mentioned above still refer to the whole country, not just this letter.

Bank not listed? The registered name might begin with another word – think of the full legal name instead of the brand. The full overview for Malaysia is one click away if the letter filter does not help.

Check the code before you pay

Ask the recipient to copy the account details straight from their online banking. A wrong code can cause a delay, a returned payment or additional charges, so compare it with the list on this page.

The directory on GoldexPay is compiled from publicly available sources and is updated regularly. Even so, banks merge or change codes. Before a payment that matters, confirm the BIC with the recipient. GoldexPay is an independent comparison site and has no link to the banks in this list.

Watch out for invoices with a new account – a common fraud method. Before paying, verify changed details through a separate channel on a number you know.

What a transfer to Malaysia really costs

If you transfer money to Malaysia via a regular bank, the fee you see is only part of the cost. You pay a transfer fee, possibly fees from correspondent banks along the way and, most importantly, the exchange rate markup when currencies differ.

The markup on the rate tends to be the biggest part of the cost, even though it is not listed as a fee. An easy check: set the offered rate next to the mid-market rate and work out the difference on your amount.

For a lot of routes, a transfer service turns out to be less expensive than a traditional bank transfer, mainly because of the rate. On GoldexPay you can compare the amount that arrives in Malaysia across providers, so you can pick the cheapest route.

Transfer times to Malaysia

There is no fixed delivery time for transfers to Malaysia: many land within a day. Payments made after the cut-off time or on a weekend or public holiday often start a business day later.

A growing number of banks are connected to SWIFT gpi. Every gpi transfer gets a unique transaction reference, the UETR. Keep your transfer receipt until the money has arrived.

Recognising a SWIFT code from Malaysia

Every SWIFT/BIC code consists of eight or eleven characters in a fixed order. The first four letters identify the bank, the fifth and sixth characters are the country code and characters seven and eight give the location.

For banks in Malaysia, characters five and six show the ISO country code of Malaysia, which makes these codes easy to recognise. If those two letters point to another country, the code belongs to a bank somewhere else.

An 11-character code ends in a branch code. For most transfers the head office code is what you need unless the recipient asks for a specific branch.

Receiving money in Malaysia from abroad

When you expect money from abroad on an account in Malaysia, give the sender all details at once. Give them the account holder’s name, your account number or IBAN, your bank’s SWIFT code and your address.

The code of your bank is in our list. You can include your bank’s name and city as well, since some payment forms ask for it.

Do not be surprised if the amount credited is below the amount on the sender’s receipt. Correspondent banks can take a fee, your bank may charge for incoming payments, and when currencies differ, a markup on the rate applies. Agree with the sender who covers the fees, especially for larger amounts.

United Overseas Bank (Malaysia) Berhad and its SWIFT codes

United Overseas Bank (Malaysia) Berhad leads the list of Malaysia banks when it comes to SWIFT/BIC codes. The head office of United Overseas Bank (Malaysia) Berhad uses UOVBMYKLXXX.

Many codes usually reflects separate codes for branches, departments or services – it says nothing about the size of the bank as such. Unless the recipient asks for a branch, UOVBMYKLXXX is fine for transfers to this bank.