Send Money to India | Money Transfer to India - Wise, formerly TransferWise (2024)

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Fast, low-cost, and secure online money transfers from Malaysia to India.

Send money from India to Malaysia instead.

Regulated by Central Bank of Malaysia

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Trusted by 10 million customers

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You send exactly

0 MYR
12.02 MYROur fee
–
12.02 MYRTotal fees
=
987.98 MYRTotal amount we’ll convert
×
19.4991

Recipient gets

Should arrive by Tuesday

Get started

Save when you send money to India

The cost of your transfer comes from the fee and the exchange rate. Many high street banks offer “no fee”, while hiding a markup in the exchange rate, making you pay more.

At Wise, we’ll never do that. We only use the mid-market exchange rate, and show our fees upfront. This table compares the fees you’d really pay when sending money with the most popular banks and providers, or with us.

How do we select providers and collect this data?

Sending 1,000 MYR with	Recipient gets(Total after fees)
	19,264.72 INR
Transfer fee 12.02 MYR Exchange rate(1 MYR INR) 19.4991 Exchange rate markup 0 MYR Cost of transfer 12.02 MYR

	18,497.14 INR- 767.58 INR
Transfer fee 10 MYR Exchange rate(1 MYR INR) 18.6840 Exchange rate markup 41.80 MYR Cost of transfer 51.80 MYR

	17,537.42 INR- 1,727.30 INR
Transfer fee 70.52 MYR Exchange rate(1 MYR INR) 18.8679 Exchange rate markup 32.37 MYR Cost of transfer 102.89 MYR

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Send Money to India | Money Transfer to India - Wise, formerly TransferWise (7)

How to send money to India in 3 easy steps

Enter amount to send in MYR.

Pay in MYR with your debit card or credit card, or send the money from your online banking.

Choose recipient in India.

Select who you want to send money to and which pay-out method to use.

Send MYR, receive INR.

The recipient gets money in INR directly from Wise’s local bank account.

Create free account now

Send Money to India | Money Transfer to India - Wise, formerly TransferWise (11)

Get dedicated support for large transfers

Moving big money? Get our how to guide and start a chat with our team of large-amount experts.

Get started with large transfers

How to send money to India from Malaysia

Just tap in how much, and where to.
Then make a local payment to Wise, whether it's with a bank transfer, Swift or your debit or credit card.
And that's it.

Wise converts your money at the 'inter-bank' rate – the real rate – so you save big time (even versus the guys saying there's 'zero' commission). On Wise, there's no room for sneaky bank surcharges or creeping hidden charges.

How much does it cost to transfer money to India?

Pay a small, flat fee and percentage

To send money in MYR to India, you pay a small, flat fee of 5 MYR + 0.71% of the amount that's converted (you'll always see the total cost upfront).

Fee depends on your chosen transfer type

Some transfer types have different fees which are usually tiny.

No hidden fees

No big fees, hidden or otherwise. So it's cheaper than what you're used to.

Fees for our low cost transfers

Fixed fee

5 MYR

Variable feeup to 112,923.20 MYR/month

0.71%

Variable feemore than 112,923.20 MYR/month

Discount applies

How long will a money transfer to India take?

A money transfer from Malaysia (MYR) to India (INR) should arrive by Tuesday. Sometimes transfer times can differ based on payment methods or verification changes. We’ll always keep you updated, and you can track each step in your account.

On many popular routes, Wise can send your money within one day, as a same day transfer, or even an instant money transfer.

Your transfer route

MYR

INR

Should arrive

by Tuesday

What you’ll need for your online money transfer to India

Register for free.

Choose an amount to send.

Tell us how much you want to send. We’ll show you our fees upfront, and tell you when your money should arrive.

Add recipient’s bank details.

Fill in the details of your recipient’s bank account.

Verify your identity.

For some currencies, or for large transfers, we need a photo of your ID. This helps us keep your money safe.

Pay for your transfer.

Send your money with a bank transfer, or a debit or credit card.

That’s it.

We’ll handle the rest. You can track your transfer in your account, and we'll tell your recipient it's coming.

Best ways to send money to India

Bank Transfer
Bank transfers are usually the cheapest option when it comes to funding your international money transfer with Wise. Bank transfers can be slower than debit or credit cards, but they usually give you the best value for your money.
Read more how to use bank transfers as a payment option.

Trust Wise with safe & secure money transfers to India

Safeguarded with leading banks

We hold your money with established financial institutions, so it's separate from our own accounts and in our normal course of business not accessible to our partners. Read more here.

Extra-secure transactions

We use 2-factor authentication to protect your account and transactions. That means you — and only you — can get to your money.

Data protection

We’re committed to keeping your personal data safe, and we’re transparent in how we collect, process, and store it.

Dedicated anti-fraud team

We work round the clock to keep your account and money protected from even the most sophisticated fraud.

Online scams are on the rise. Learn how to stay safe.

Send Money to India | Money Transfer to India - Wise, formerly TransferWise (17)

Send money to India from Malaysia with the Wise app

Looking for an app to send money to India? Sending money is easy with Wise app.

Cheaper transfers abroad - free from hidden fees and exchange rate markups.
Check exchange rates - see on the app how exchange rates have changed over time.
Repeat your previous transfers - save the details, and make your monthly payments easier.

Learn more about the Wise app