The Johor-Singapore Special Economic Zone (JS-SEZ) is a significant initiative that benefits businesses and communities in both countries - transforming the border region between Malaysia's Johor state and Singapore into a premier economic hub. It aims to facilitate cross-border flows of goods, ease the movement of people and strengthen the investment ecosystem within the JS-SEZ.
Established to foster deeper economic integration and regional development, the JS-SEZ will enhance trade, investment, and innovation across Southeast Asia, focusing on key sectors such as electronics, financial services, business services, and healthcare.
Source: The New Southeast Asia Economic Hub: Johor-Singapore Special Economic Zone (JS-SEZ) - Rajah & Tann Asia
OCBC is Asia Pacific's Bank of the Year
Your partner for the Johor-Singapore Special Economic Zone (JS-SEZ)
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Your support earned us Bank of the Year - Asia Pacific. We will continue to enable your aspirations in business and in life, helping you drive sustainable growth for generations to come.
We are consistently ranked among the World’s Top 50 Safest Banks by Global Finance and have been named Best Managed Bank in Singapore by The Asian Banker. Our key markets are Singapore, Malaysia, Indonesia and Greater China.
Overseas remittance & Foreign exchange
Seamless Account Opening
Payments
Home property financing
No cable or commission fees
No cable or commission fees (S$0 Transfer fees)
Agent fees, if any, will still be charged.
Check indicative exchange rates
Check indicative exchange rates
The indicative rate as at date here is SGD 1.00 = MYR 00. Live rates are available on the OCBC app.
Calculate the amount you’ll receive with our online currency converter. Refer to the step-by-step guide on how to make this transfer via the OCBC app.
Eligibility requirements
Minimum age
16 years old
Account
Any OCBC Singapore (SGD) current or savings account
Registered for
Digital Banking access
Here is how you can – via the OCBC app – transfer funds from your OCBC Singapore (SGD) account to any Malaysia (MYR) account with no cable/commission fees.
Transfer now
*Live rates are available on the OCBC app. Tap on “Overseas” > “Rate checker” > Change recipient currency to MYR.
Alternatively, you can transfer funds via Internet Banking.
Send money from Singapore to Malaysia
Exchange Rate:
SGD 1.00 = MYR 3.5256
Rates are indicative as of 24 Jan 2024
| SGD to MYR Online Overseas Fund Transfer | Cable fee | Commission fee | Agent fee | Exchange rate |
| To OCBC Malaysia Account | Waived | Waived | Waived | View preferential rates |
| To non-OCBC Malaysia Account | Waived | Waived | Chargeable, depending on receiving bank | View live rate |
