08 November 2024

Sending Love, Sending Ringgit: Introducing RHB's Singapore-Malaysia Instant Funds Transfer Service for Malaysians in Singapore

As a Malaysian living in Singapore, you are building a future abroad while keeping close ties and financial commitments to your loved ones back home. This creates a unique set of financial priorities — supporting a family in Malaysia, investing in children's education, purchasing property as a future investment, and securing a retirement that bridges both countries. These aspirations require a reliable and efficient way to navigate the complexities of cross-border finances, ensuring your loved ones are cared for and financial goals are achieved on both sides of the causeway.

RHB understands this unique balancing act, which is why we have introduced the Singapore-Malaysia Instant Funds Transfer Service. Designed to help you effortlessly send money home, invest in your future, and maintain a strong financial connection to both of your homes, this service provides the reliable support you need to stay connected across borders.


Introducing RHB’s Cross-Border Transfer Service

Traditional methods of sending money across borders often come with a host of frustrations. High transaction fees and unfavourable exchange rates imposed by banks and remittance services can leave you with less of your hard-earned money to send to your loved ones. The process can also be time-consuming and inconvenient, involving long queues, paperwork, and limited operating hours. Adding to the frustration is a lack of transparency, with hidden charges and unclear breakdown of costs, often leading to unpleasant surprises.
 

But what if sending money home can be simple, affordable, and transparent?

With RHB's Singapore-Malaysia Instant Funds Transfer Service, sending money home has never been easier. We believe that supporting your loved ones in Malaysia should not come with unnecessary costs or complications. 

That is why we guarantee the best forex transfer rates*, ensuring your loved ones receive more Ringgit from every dollar you send. With our all-in-one RHB Mobile SG App, you can easily manage and view both your RHB Singapore and RHB Malaysia accounts in one place, and instantly transfer funds with just a few taps. We are upfront about our fees; with no hidden charges or admin fees, you will enjoy complete peace of mind.

How to Make a Transfer to your RHB Malaysia account with the RHB Mobile SG App?
 

Sending money to your loved ones in Malaysia is now easier than ever with RHB's SG-MY Instant Funds Transfer Service. Simply link your RHB Malaysia account via the RHB Mobile SG App and enjoy seamless, real-time transfers from your Singapore account to your Malaysia account.

Here’s how to make a transfer in 3 simple steps:

[Limited Time Promotion!] Make a S$300 or more transfer and get a S$50 cash credit!

To celebrate the launch of our SG-MY Instant Funds Transfer Service, RHB is offering a special promotion. Be among the first 1,000 customers* to receive a S$50 cash credit when you make a transfer of at least S$300 to your RHB Malaysia account!

Ready to simplify your cross-border transfers? Download the RHB Mobile SG App today and start sending more home with every transfer. Visit www.rhbgroup.com.sg/SGMY-funds-transfer to learn more and take advantage of this limited-time offer! 

*Terms & conditions apply.
The information presented in this article is accurate as of date of publication.