Payout guide

MYR

♦ SWIFT (Wire Transfer)

Delivery Time: One Day Value

Beneficiary Information

  • Full Beneficiary Name

  • Beneficiary Country

  • Beneficiary Address:  (Zip Code, Street, City, Province or State).

  • Beneficiary Telephone Number

Beneficiary Bank Details

  • Beneficiary Account Number

  • Beneficiary Bank BIC/SWIFT: 8 or 11 characters.

  • Purpose of Payment

Possible Purpose: Advertising Fees, Expense Reimbursement, Financial Services, Legal Services, Medical Reimbursement, Payroll, Processing, Trade Related Services, Transaction between Banks, Transportation Costs, Travel Related Services, Personal, Other.

  • Reference: Monix allows you to submit maximum 50 characters for reference, but the length shown is depend on the beneficiary bank.


♦  ADDITIONAL CONSIDERATIONS:

Please note that we are unable to send MYR to banks in Labuan. This off-shore territory does not accept MYR payments due to regulatory restrictions. As an alternative, you can send USD into this region.


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