Axiym
๐Ÿ‡ฒ๐Ÿ‡พ
Destination country playbook

Malaysia

MY / MYS

Currency
MYR

Bank payout requirements

Details needed to pay a bank account in this destination.

RequirementRequirednessPayload pathHelper information
Bank BIC
Required
recipient.โ€‹destination.โ€‹bank.โ€‹swiftBic
8 or 11 charactersPattern^[A-Z]{4}MY[A-Z0-9]{2}([A-Z0-9]{3})?$PayNet identifies participating Malaysian financial institutions by BIC.
Malaysian bank account
Required
recipient.โ€‹destination.โ€‹accountNumber
Local MYR bank payouts use the beneficiary's domestic account number rather than an IBAN. Preserve the identifier as text, including leading zeros.