SWIFT/BIC codes in Malaysia: banks starting with T

Finding a SWIFT code in Malaysia

This overview covers 321 banks and financial institutions in Malaysia and 413 SWIFT/BIC codes between them. You will need such a code mostly when making international transfers, and especially for payments in foreign currencies.

Pick a bank from the list to see the head office code and its other codes. Below the list you can read how a code from Malaysia is put together, how to send money to Malaysia without overpaying and what to check before you pay.

Transfer times to Malaysia

How fast money arrives in Malaysia is determined by several factors: which currency you send, how many intermediary banks are involved, cut-off times and differences in time zone. Payments made late in the day or just before a weekend or public holiday usually start the next business day.

When a payment takes longer than expected, the sender should contact their own bank and ask for the status or the UETR; only the sending side can start an official trace. Specialist transfer services often provide tracking in their app so you can follow the payment.

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

United Overseas Bank (Malaysia) Berhad tops our list for Malaysia when it comes to SWIFT/BIC codes. Its head office code is UOVBMYKLXXX – the code most transfers need.

Banks differ in whether they register branch codes, so the count is not a ranking of size. If not a branch code is given, UOVBMYKLXXX is fine for transfers to this bank.

What a transfer to Malaysia really costs

If you send money to Malaysia with a regular bank, the stated fee is only part of the cost. Besides a fixed fee, intermediary banks can deduct a charge and, if currencies are converted, the bank often uses a rate below the real market rate.

That exchange rate margin tends to be the biggest cost item because it is hidden in the rate. Compare the bank’s rate with the mid-market rate; the gap is what conversion costs you.

Specialised transfer providers frequently offer a rate near the mid-market rate. GoldexPay compares transfer services next to each other so you can see what actually arrives in Malaysia before you commit.

Recognising a SWIFT code from Malaysia

Each SWIFT/BIC code has 8 or 11 characters. Characters one to four stand for the bank, the fifth and sixth characters are the country code and the next two mark the location.

You can recognise a code from Malaysia from the fifth and sixth characters – those always form the country code of Malaysia. When the country letters do not match Malaysia, the code belongs to a bank somewhere else, so check again.

If the last three are XXX, it means the head office and the short version works just as well. For most transfers the head office code is fine.

Check the code before you pay

The safest source for the BIC is the bank details provided by the recipient. A wrong code can cause delays, a payment being sent back or extra fees – compare it with the code in our list.

We gather bank codes using public sources and check our list regularly. Banks reorganise, close branches and retire codes. For any payment of any size, confirm the BIC with the recipient. We are a comparison service for money transfers.

Scammers regularly send payment requests with new bank details that look completely genuine. Before paying, verify changed details through a separate channel on a number you know.

Banks in Malaysia beginning with the letter :letter

You are looking at a filtered list: just institutions in Malaysia with a name starting with :letter. The totals mentioned above still cover the whole country, not just this letter.

If the bank you need is missing here, check the full list – the registered name can differ from the name people use. Try the full list for Malaysia when you do not know the exact name.

SWIFT transfers to Malaysia

Because Malaysia does not belong to SEPA, an international payment is usually sent as a SWIFT payment. That means you always need the BIC of the receiving bank.

In some countries, the account is identified by a domestic account number rather than an IBAN, sometimes with an extra bank or branch code. The receiving bank often provides a list of required details for incoming international payments – follow them exactly. International transfers can pass through one or more intermediary banks, each of which may deduct a fee.

Getting paid from abroad into an account in Malaysia

A sender in another country will ask for a few details from you. Share the account holder’s name, your account number or IBAN, your bank’s SWIFT code and your address.

Find the bank in the list on this page, but take the code from your own bank details when in doubt. You can add the name and city of your bank as well because some forms have separate fields for it.

What lands in your account can be less than the amount sent. Correspondent banks can take a fee, and if the money is converted, a markup on the rate comes on top. On invoices, state who bears the costs to avoid a shortfall.