Money Transfer Options
You can choose to send money from Malaysia offline through foreign demand drafts or online via wire or bank-to-bank transfers. Online remittances into your NRE account are faster and more convenient. Also, you can send as many funds as you want in a year.
How to Send Money to India Online from Malaysia
Let us look at how you can transfer money from Malaysia to India conveniently through an NRE account:
Step 1: Open a DBS Treasures NRE savings account. It is possible to open one remotely; we have dedicated Relationship Managers to help you with the process.
Step 2: Log in to your savings account abroad and choose remittances or a similar international funds option.
Step 3: Enter your Customer ID or mobile number along with your bank account details.
Step 4: Select or add your beneficiary DBS Treasures NRE account.
Step 5: Check if you have entered the right information, (e.g. account information, IFSC code, SWIFT code, etc.)
Step 6: Click on ‘Submit’ or an equivalent button.
Once the money is deposited in your NRE account, we will send you an alert via SMS and e-mail. There is no upper limit when you transfer money to India from Malaysia with this account.
If you do not have a DBS Treasures NRE account, apply for one now and start remitting the easy way!