MBSB Bank now lets you transfer money overseas in 20 currencies, powered by Wise

LocalBusiness & Finance
29 Sep 2026 • 10:16 AM MYT
SoyaCincau
SoyaCincau

For everything that matters in tech

MBSB Bank now lets you transfer money overseas in 20 currencies, powered by Wise

MBSB Bank has expanded its cross border money transfer solution, Global Easy Transfer (GET), to support 20 currencies within its MJourney digital banking platform.

Operating in partnership with Wise Platform, the bank backed feature previously supported 12 foreign currencies.

The expansion comes as MBSB Bank recorded a 250% increase in GET transaction volume in 2026 compared to last year.

MBSB GET expanded to 20 currencies including CAD and AED

Image from: MBSB Bank now lets you transfer money overseas in 20 currencies, powered by Wise

The service caters to individuals and businesses making regular international payments, ranging from managing commercial transactions to settling overseas tuition fees, and domestic helpers sending money abroad.

To support these growing requirements, the expanded currency list introduces key global markets including Vietnam, Canada, and the United Arab Emirates.

Existing popular corridors such as the Australian Dollar and British Pound also continue to see heavy demand.

Through the GET feature on the MJourney mobile app and web portal, account holders can transfer up to RM150,000 per day.

The service offers real time transfer tracking, competitive foreign exchange rates, and upfront cost disclosures so senders can view the exact amount the recipient will receive before confirming a transaction.

GET transaction volume grows 250% in 2026

Image from: MBSB Bank now lets you transfer money overseas in 20 currencies, powered by Wise

Data from MBSB Bank shows that daily active unique users more than doubled over the past year.

The service also recorded a repeat transaction rate exceeding 90%, indicating that customers regularly return to the platform for ongoing international payment commitments.

The bank noted that cross border money movements among Malaysians are increasingly driven by practical daily needs rather than occasional one-off transfers.

Family support and monthly living expenses account for the largest proportion of transactions, followed by commercial purchases of goods, salary remittances, and foreign savings.

Strategic digital shift and GET Speeds Matter campaign

Image from: MBSB Bank now lets you transfer money overseas in 20 currencies, powered by Wise

Addressing the evolving remittance market, MBSB Berhad Group Chief Executive Officer Rafe Haneef stated that international transfers have transitioned from physical branch visits and paperwork into an immediate digital experience.

MBSB Bank Group Chief Consumer Banking Officer Usman Ghouse highlighted that GET focuses on delivering speed, transparency, and tracking through a single digital touchpoint.

Wise Platform APAC General Manager Samarth Bansal stated that Wise is proud to deepen its partnership with MBSB Bank to offer Malaysians direct access to transparent cross border payment routes.

To market the expanded capability, MBSB Bank launched a brand campaign featuring Malaysian professional race car driver Leona Chin in a short film titled GET Speeds Matter.

How to access GET on MJourney platform

Image from: MBSB Bank now lets you transfer money overseas in 20 currencies, powered by Wise

Existing MBSB Bank account holders can access GET directly within the MJourney mobile app or internet banking portal.

New customers can open an account online via the official MBSB Bank website to begin sending international payments.

Newswav Malaysia Best News App

Newswav is an online content aggregator and obtains its content from different online sources. The content in the app do not belong to Newswav nor do they reflect the opinions of Newswav and its staff. Your use of this app indicates your understanding and acceptance of this information.

Newswav Sdn. Bhd. (201701008480 (1222645-M)) 2026 All Rights Reserved