MoneyMatch review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
MoneyMatch suits Malaysian senders moving money along corridors they already use, with coverage of 42 currencies and payouts to bank, cash pickup and wallets. The trade-off is pace rather than price: transfers arrive in 1 to 14 business days, so a supplier payment tied to a date needs its timing planned around it.
Key facts
- Best for
- Flat charge transfers out of Malaysia across 42 supported currencies.
- Transfer fee
- MYR 3-8 flat fee per transfer (destination-dependent)↗
- Delivery time
- 1 to 14 business days↗
- Payout methods
- Bank, Cash-pickup, Wallet↗
- Currencies
- 42↗
- Fee to send 1,000
- MYR 3 to MYR 8↗
- Legal entity
- MoneyMatch Sdn. Bhd (Co. Reg. No 201501008276 / 1133611-P)↗
- Headquarters
- Malaysia↗
- Founded
- 2015↗
- Support channels
- Email, Phone, Help-centre↗
- Official website
- moneymatch.co
Facts checked September 26, 2026, 7 sources
Apps and profiles
- Get the app
- App StoreGoogle Play
Pros and cons
Pros
- Recipients can be paid by bank account, cash pickup point or wallet, which widens who can receive the money.
- Regulated in several markets, including the Central Bank of Malaysia under 00544 (Class B Money Service Business licence) and the Monetary Authority of Singapore as PS20200631 (Major Payment Institution).
- Support by phone and email sits alongside a help centre, giving a sender a person to contact: email, phone and help centre.
Cons
- Transfers arrive in 1 to 14 business days, which is slow for a payment tied to a deadline.
- The fee moves with the destination, so a new route can cost more than a familiar one: MYR 3-8 flat fee per transfer (destination-dependent).
Who it suits
- Malaysian businesses and households paying the same overseas supplier or family member repeatedly, across 42 currencies.
- Senders who want a fixed charge per transfer rather than a percentage on the amount sent, given MYR 3-8 flat fee per transfer (destination-dependent).
- Recipients who can be reached by bank account, cash pickup point or wallet, the payout rails listed for the service.
Who should look elsewhere
- PayPal Colombia, for senders paying out of an existing balance or linked bank account, where there is no transfer fee.
- Skrill, for senders who would rather fund by card and pay a percentage than a flat per transfer charge.
- Paysera, for euro transfers within SEPA, where Paysera charges no fee.
Deposit protection
MoneyMatch moves money under licences in each market it serves, so the licences are what sit behind a transfer. It holds a Class B Money Service Business licence from the Central Bank of Malaysia, 00544 (Class B Money Service Business licence). It is registered with AUSTRAC in Australia as a remittance network provider and an independent remittance dealer, listed in Brunei under MR/0023, registered in New Zealand with the Department of Internal Affairs as FSP1005039, and authorised in Singapore as PS20200631 (Major Payment Institution).
The company behind it
MoneyMatch trades as MoneyMatch Sdn. Bhd (Co. Reg. No 201501008276 / 1133611-P), is headquartered in Malaysia and has been operating since 2015. Regulators holding its permissions span several markets, among them the Central Bank of Malaysia, AUSTRAC in Australia, the Brunei Darussalam financial services authority, the register of financial service providers in New Zealand and the Monetary Authority of Singapore. Support runs on email, phone and help centre, so phone and email reach a person and the help centre covers the routine questions.
How MoneyMatch compares
8.9 vs 8.0
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8.9 vs 9.1
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8.9 vs 9.0
8.9 vs 8.9- 8.9 vs 8.9
8.9 vs 8.8
8.9 vs 8.8
8.9 vs 8.4
8.9 vs 8.0
Where MoneyMatch is available
- Licence in Malaysia
- Central Bank of Malaysia (Bank Negara Malaysia) (00544 (Class B Money Service Business licence)), checked September 26, 2026
- Licence in Australia
- AUSTRAC (RNP100585019-001 (Remittance Network Provider); IND100585019-001 (Independent Remittance Dealer)), checked September 26, 2026
- Licence in Brunei
- Brunei Darussalam Financial Services Authority (Autoriti Monetari Brunei Darussalam) (MR/0023), checked September 26, 2026
- Licence in New Zealand
- Financial Service Providers Register (FSPR), regulated by Department of Internal Affairs (FSP1005039), checked September 26, 2026
- Licence in Singapore
- Monetary Authority of Singapore (PS20200631 (Major Payment Institution)), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does a transfer cost?+
MoneyMatch charges MYR 3-8 flat fee per transfer (destination-dependent). The amount moves with the destination, so the same transfer can cost different amounts depending on where the money lands. A route that is used often is easy to budget for, while a new destination is worth checking before the money goes out.
How long does a transfer take?+
The stated window is 1 to 14 business days for the money to arrive, so a payment tied to a date needs the longer end of that range left free. Transfers on quicker lanes settle well inside it, and the slowest routes set the pace a sender plans around.
Is the money behind a licence?+
MoneyMatch is licensed as a money service business by the Central Bank of Malaysia under 00544 (Class B Money Service Business licence), and it is authorised as a major payment institution in Singapore under PS20200631 (Major Payment Institution). It is also registered with AUSTRAC in Australia as a remittance network provider and an independent remittance dealer.
How can the recipient get the money?+
Money pays out to bank accounts, cash pickup points and wallets: bank, cash pickup and wallet. A bank transfer suits a recipient who holds an account, cash pickup suits someone near a collection point, and a wallet payout suits recipients who already keep money that way.
Which currencies can I send?+
Coverage runs to 42 currencies, which is broad for a service built around Malaysian senders. A wide currency list means the recipient can more often be paid in the currency they use, so the money does not have to be converted on their side.
How do I get help with a transfer?+
Support runs on email, phone and help centre. Phone and email put a sender in touch with a person, and the help centre carries the routine questions on fees, delivery timing and payout rails, which settles most enquiries without a call.
Who is MoneyMatch aimed at?+
The service is built for senders based in Malaysia, paying people or suppliers abroad, and suits repeat payments along a familiar route. Coverage of 42 currencies means a recipient can often be paid in their own currency, which keeps recurring transfers simple.
Sources
- moneymatch.co/about-us checked September 26, 2026
Backs: Founded, Headquarters
“The company was founded in 2015 by Adrian Yap and Naysan Munusamy”
- moneymatch.co/contact checked September 26, 2026
Backs: Support channels
“Our support center is open for business 24/7! ... customer.support@moneymatch.co +603 3099 3889”
- moneymatch.co/coverage checked September 26, 2026
Backs: Currencies
“42+ Currencies”
- moneymatch.co/legal checked September 26, 2026
Backs: Legal entity
“MoneyMatch Sdn. Bhd (Co. Reg. No 201501008276 (1133611-P)) is regulated by Central Bank (licensee providing digital services) under MY Licence Serial Number 00544 in Malaysia.”
- moneymatch.co/transfers checked September 26, 2026
Backs: Payout methods
“Choose for your recipients to receive transfers via bank account, e-wallet or cash pickup!”
- support.moneymatch.co/hc/en-us/search checked September 26, 2026
Backs: Transfer fee, Fee to send 1,000
“General Info MoneyMatch Fee MYR 8; "We have lowered our fees from MYR 8 to MYR 3!"”
- transfer.moneymatch.co/terms-and-conditions checked September 26, 2026
Backs: Delivery time
“MoneyMatch shall release the Net Payout Amount to the Beneficiary within 1 to 14 Business Days from the date the Order is created”
- bnm.gov.my/-/moneymatch-sdn-bhd checked September 26, 2026
Backs: Licences
Compiled from 12 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Exchange rate markup, Licence type.
Related by the facts
MoneyMatch
Flat charge transfers out of Malaysia across 42 supported currencies.