SWIFT/BIC codes in Malaysia: banks starting with J

Malaysia: banks and their SWIFT/BIC codes

For Malaysia our database holds 413 SWIFT/BIC codes from 321 financial institutions. You need such a code mainly for payments across borders, and especially for payments in foreign currencies.

Select a bank from the list to see its head office code and its other codes, plus practical notes for sending and receiving money. Below the list you can read how codes from Malaysia are built, how to send money there without overpaying and what to check before you pay.

Verifying a SWIFT code from Malaysia

Have the recipient copy the account details straight from a recent statement. If the code you have does not match our list, stop and ask: check with the recipient or the bank.

We gather bank codes from publicly available data and update them from time to time. Banks reorganise, close branches and change codes – a directory can be a step behind. Use this list as a reference rather than the last word: the bank details from the recipient come first. GoldexPay is not a bank.

Be wary of payment requests with changed bank details, especially when they come by email. Before paying, confirm a change of bank details through a separate channel, using a number you already had.

The structure of a Malaysia SWIFT/BIC code

A BIC is 8 or 11 characters long and the parts always come in the same order. Characters one to four identify the bank, characters five and six form the country code and the next two give the location.

No matter which bank, every code from Malaysia share the same country code in positions five and six. Codes with a different country code come from another country.

The long version ends in a branch code, where XXX means the head office. Choose a branch code only if the recipient explicitly gives you one – otherwise stick with the head office.

SWIFT codes in Malaysia: banks under :letter

Here you see a filtered list: just institutions in Malaysia whose name begins with :letter. The counts in the introduction always refer to the whole country.

If a bank does not appear here, check another letter: banks are often registered under their full legal name. Try the full list for Malaysia if you do not know the exact name.

The cheapest way to send money to Malaysia

An international bank payment to Malaysia can cost more than the fee suggests. Besides a fixed fee, correspondent banks can take a cut and, if currencies are converted, the bank often uses a less favourable rate than the real market rate.

Most of the cost usually sits in the exchange rate, not in the fee: banks convert at a rate with a margin built in. Compare the bank’s rate with the mid-market rate; the gap is what conversion costs you.

For many currency pairs, a specialist provider is cheaper than a traditional bank transfer. Before you send money to Malaysia, take a minute comparing what arrives on GoldexPay instead of going straight to your bank.

Most SWIFT codes in Malaysia: United Overseas Bank (Malaysia) Berhad

Of all banks we list for Malaysia, United Overseas Bank (Malaysia) Berhad has the most SWIFT codes. The head office of United Overseas Bank (Malaysia) Berhad has UOVBMYKLXXX.

Banks differ in whether they register branch codes. Making a payment to United Overseas Bank (Malaysia) Berhad? Go with UOVBMYKLXXX unless the recipient gives you a branch code.

Receiving money in Malaysia from abroad

For an international payment into a Malaysia account, the sender needs more than the SWIFT code. Share your name as registered with the bank, your account number or IBAN, your bank’s SWIFT code and your address, which some banks require.

Find the bank in the list above to check its code – your bank statement is the final word. Some banks also want your bank’s address, so keep it at hand.

Expect that the incoming amount is below the amount on the sender’s receipt. Fees for incoming transfers differ per bank. On invoices, agree who bears the costs to avoid a shortfall.

Paying a bank in Malaysia from abroad

To pay into Malaysia you usually need the BIC, because the country is outside the SEPA area. Without the BIC, your bank will not process the transfer at all.

Depending on the country, accounts are identified by a local account number instead of an IBAN and sometimes a local routing or branch code. The receiving bank usually has a list of required details for incoming international payments. On the way to Malaysia, a payment may go through correspondent banks.

Transfer times to Malaysia

There is no single delivery time for transfers to Malaysia: some land within a day, others take several business days. Bank holidays in either country add extra days to the journey.

When a payment takes longer than expected, ask the sender to contact their own bank for a trace. Specialist transfer services often show a status in their app so you can follow the payment.