Cheaper cross-border money transfers

Yap: Over the past few months, the Transfer portal has been open to select users who have conducted transactions worth a few million ringgit to over a dozen countries .

PETALING JAYA: MoneyMatch Sdn Bhd, a homegrown company approved by Bank Negara, has launched its “Transfer” portal, a fully digital cross border remittance service offering exchange rates and fees far cheaper than incumbent banks.

The Transfer portal allows users to conduct their entire transactions online via the MoneyMatch mobile app and the web platform.