SWIFT/BIC codes in Malaysia: banks starting with W

Bank SWIFT codes for Malaysia

Here you will find the SWIFT/BIC codes of 321 institutions in Malaysia. Each code points to an institution or a specific branch or department, so a payment from abroad reaches the right place.

Every bank is listed with its own page with the head office code and, where available, codes for branches and departments. Further down you can read how a code from Malaysia is put together, how to send money to Malaysia at a fair price and what to check before you pay.

Tracking a payment to Malaysia

There is no single delivery time for transfers to Malaysia: some arrive within a day. Bank holidays in either country can add extra days.

If a transfer is delayed, ask the sender to contact their own bank and ask for the status or the UETR; only the sending side can start an official trace. Save the payment confirmation until the money has arrived – you will need it if something goes wrong.

The structure of a Malaysia SWIFT/BIC code

A SWIFT code is either 8 or 11 characters long and the parts always come in the same order. First comes a four-letter bank code, then two letters for the country and two characters for the location.

No matter which bank, every code from Malaysia have the same country code in positions five and six, namely the ISO code of Malaysia. Codes with a different country code belong to a bank abroad.

The optional last three characters identify a specific branch; XXX is used for the head office. Use a branch code just if the recipient explicitly gives you one – otherwise stick with the head office.

What a transfer to Malaysia really costs

What you pay for a payment to Malaysia is made up of several parts. You pay a transfer fee, sometimes fees from correspondent banks and, above all, the exchange rate markup.

The real cost is often in the rate, not in the fee: banks convert at a rate with a margin built in. An easy check: put the rate you get against the mid-market rate and look at the difference.

For many currency pairs, a transfer service is cheaper than a traditional bank transfer – mostly thanks to the exchange rate. On GoldexPay we compare the amount that arrives in Malaysia with different services, which makes the cheapest option easy to spot.

Getting paid from abroad into an account in Malaysia

For an international payment in Malaysia, the person paying you needs not just the BIC. Give them 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 and compare the code with your own bank details. You can include the name and city of your bank, since some payment forms ask for it.

Do not be surprised if the incoming amount is below what the sender paid. Fees for incoming transfers vary from bank to bank – your bank’s price list tells you what applies. Make clear with the sender who pays which costs.

United Overseas Bank (Malaysia) Berhad and its SWIFT codes

In our data, United Overseas Bank (Malaysia) Berhad has the largest number of SWIFT/BIC codes in Malaysia. The head office of United Overseas Bank (Malaysia) Berhad has UOVBMYKLXXX and that code covers most payments.

Banks differ in how many codes they register. If not a branch code is given, the head office code UOVBMYKLXXX works for transfers to this bank.

Paying a bank in Malaysia from abroad

To pay into Malaysia you almost always need a SWIFT/BIC code, because the country is outside the SEPA area. Without the BIC, most banks cannot send the transfer.

Not every country uses the IBAN; in that case the local account number is used instead. The receiving bank often has a list of required details for incoming international payments – follow them exactly. International transfers can pass through correspondent banks and fees can be taken along the way.

Banks in Malaysia starting with :letter

This filter limits the list to banks in Malaysia starting with :letter to make searching quicker. The counts in the introduction always cover the whole country and not only this selection.

Some banks appear under their official name. The full overview for Malaysia is one click away when the letter filter does not help.

Check the code before you pay

Ask the recipient to copy the account details directly from their online banking. An incorrect BIC may lead to delays, a returned payment or extra fees – compare it with the code in our list.

We gather SWIFT/BIC codes using publicly available data and check our list regularly. Banks reorganise, close branches and change codes – a directory can be a step behind. For a payment that matters, check the code with the recipient’s bank. GoldexPay is a comparison site.

Fraudsters regularly send fake invoices with new bank details. Always confirm changed details by phone on a number you know.