Remittance

What is remittance?

Remittance is a type of service where you can send money or make a payment to a third party in a different location or another country. Remittance services include making an international money transfer from Malaysia to another country (or vice versa).

How do I make an international money transfer with CIMB?

At CIMB, we make it easy for you to transfer funds internationally with our simple and secure remittance services. Whether you're sending money to family, paying for a service, making a personal transaction or any other purposes, our remittance options offer competitive rates and hassle-free transactions:

• Foreign Telegraphic Transfer
• SpeedSend

What is Foreign Telegraphic Transfer?

Foreign Telegraphic Transfers are a safe and secure way to transfer your money overseas to over 200 countries using the SWIFT network.

To learn about how you can easily send money overseas via CIMB Clicks and CIMB OCTO app, visit the Foreign Telegraphic Transfer product page.

What is SpeedSend? 

SpeedSend is a speedy, simple, and affordable method for overseas transfer at a low fee. Rather than waiting days for the funds to clear, SpeedSend allows instant transfers to the UK, Indonesia, CIMB Thai, Hong Kong, Singapore, and India with the full amount payout to the recipient.

To learn about how you can easily send money overseas via CIMB Clicks and CIMB OCTO app, visit the SpeedSend product page.