MBSB Bank Now Allows Up To RM150,000 Daily Overseas Transfers Across 20 Major Currencies

MBSB Bank has recently announced an expansion of its Global Easy Transfer (GET) service, in partnership with Wise. This upgraded version of the service allows customers to make daily transfers of up to RM150,000, handling 20 major currencies, including the US Dollar, British Pound Sterling, Euro, and UAE Dirham. GET can be accessed via MBSB Bank's M Journey app, providing a seamless experience for users to send funds overseas instantly and track transfers in real-time.

Customers can also benefit from competitive exchange rates. The service charges transaction fees in RM, and users receive the total amount before approving the transfer. The funds are directly debited from the customer's MBSB Bank CASA-i account. The bank acknowledged the increasing demand for faster, more transparent, and reliable cross-border remittance solutions, highlighting GET as a response to this need.

While the service started with 12 currencies and a daily limit of RM100,000, the expansion should enhance the accessibility of international banking services for Malaysians. Over 90% of transfers have been completed within a minute since the service's launch in 2025, with most transactions coming from repeat users. GET is the only bank-backed international transfer solution powered by Wise in Malaysia, and it is available to existing MBSB bank customers and new users who need to open an account on the bank's official website.