SWIFT/BIC codes in Malaysia: banks starting with Y

Bank SWIFT codes for Malaysia

On this page you find the SWIFT/BIC codes of 321 institutions in Malaysia, 413 codes in all. Each code points to an institution or a specific branch or department and tells other banks where an international payment should go.

Search for the bank you need in the list and open its page for all codes we have. Further down you can read how a code from Malaysia is put together, how to send money to Malaysia at a fair price and how to check a code before you pay.

Transfer times to Malaysia

How quickly a payment arrives in Malaysia depends on several factors: which currency you send, how many intermediary banks are involved, cut-off times and time zones. Transfers sent late in the day or on a weekend or public holiday usually go out the next business day.

When a payment takes longer than expected, the sender should contact the sending bank for a trace; only the sending side can start an official trace. Money transfer services usually provide tracking online.

Why a transfer to Malaysia needs a SWIFT code

Since Malaysia does not belong to SEPA, an international payment normally goes through SWIFT. This means you always need the SWIFT/BIC code of the recipient’s bank.

Not every country uses IBAN numbers. The receiving bank usually has instructions for incoming international payments, and it is worth following them to the letter. Before it arrives, a transfer may go through correspondent banks.

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. The head office uses UOVBMYKLXXX, which is the code to use when no branch is specified.

The number of codes says something about how it organises its payments than about its size. Making a payment to United Overseas Bank (Malaysia) Berhad? Use UOVBMYKLXXX unless a specific branch code is requested.

Sending money to Malaysia for less

The price of a payment to Malaysia is made up of more than one component. There is the transfer fee, sometimes charges from intermediary banks and, most importantly, the exchange rate markup when currencies differ.

Most of the cost usually sits in the exchange rate, not in the fee. A simple test: put the offered rate next to the mid-market rate and look at the difference.

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

How SWIFT codes from Malaysia are built

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

Whatever the bank, every code from Malaysia have the same country code in positions five and six. When the country letters point to another country, the code belongs to a bank in another country.

The optional last three characters stand for a branch or department; XXX means the head office. Choose a branch code just when the recipient’s bank asks for it – otherwise stick with the head office.

Getting paid from abroad into an account in Malaysia

A sender in another country will ask for a few details from you – incomplete details often cause delays. Share the account holder’s name, your account number or IBAN, the BIC of your bank and your address, which some banks require.

Your bank’s code is in our list. Certain sending banks may also want your bank’s address; it does no harm to include it.

Expect that the incoming amount is smaller than what the sender paid. Intermediary banks may deduct a fee, and when currencies differ, a markup on the rate comes on top. For business payments, state how the fees are split.

Banks in Malaysia beginning with the letter :letter

Here you see a filtered list: only institutions in Malaysia whose name begins with :letter. The totals on this page apply to all 321 banks.

Bank not listed? The registered name might begin with another word, for example the full legal name rather than a brand name. The full overview for Malaysia remains one click away if you cannot find the bank here.

How reliable is this list?

The best place to find the right code is paperwork issued by the bank, such as a statement or the account page in online banking. When the code you were given does not match the code listed here, do not guess: check with the recipient or the bank.

We collect SWIFT/BIC codes using publicly available data and update our list from time to time. Institutions merge, change names and retire codes. Use our data as a starting point, not as the final word. GoldexPay is a comparison site for money transfers and not part of any bank listed here.

Fraudsters regularly use payment requests carrying changed bank details. A valid BIC says nothing about who owns the account – scammers use the codes of real banks.