US Dollar Telegraphic Transfer (USD TT)

CIEF provides USD international transfer services, allowing you to securely send funds from your Malaysian company account to your China or Hong Kong supplier’s USD corporate account. The process is fully compliant, fast, and reliable.
 
This service is ideal when suppliers require USD payments, especially in cases such as:
 
• Suppliers conducting official exports
• Suppliers applying for export tax refunds
 
Important Note: This service is different from our RMB (CNY) transfer service, which only supports transfers between accounts within China.
 
If your suppliers insist on USD payments, our service offers a compliant and hassle-free solution for your procurement needs.

Service Comparison

Method 1

PERSONAL TRANSFER
  • 2% service fee (minimum MYR 10)
  • Minimum amount RMB 1
  • 3 to 5 working days
  • Personal account to personal account transfers
  • Cross-border
  • Overseas tax refund

Method 2

ENTERPRISE TRANSFER
  • 2% service fee (minimum MYR 10)
  • Minimum amount RMB 1,000
  • 7 to 10 working days
  • Enterprise account to enterprise account transfers
  • Cross-border
  • Overseas tax refund

Method 3

1688 PAYMENTS
  • 2% service fee (minimum MYR 1)
  • Minimum amount RMB 1
  • Within 48 hours
  • Official Alipay account
  • Cross-border
  • Overseas tax refund

Method 4

ALIPAY TRANSFER
  • 2% service fee (minimum MYR 10)
  • Minimum amount RMB 1
  • 3 to 5 working days
  • Transfer via Alipay
  • Cross-border
  • Overseas tax refund
selected

Method 5

USD TRANSFER
  • 2% service fee (minimum MYR 10)
  • Minimum amount USD 2,000
  • 3 to 5 working days
  • Transfer to USD Cross-border account
  • Cross-border
  • Overseas tax refund

Getting Malaysia Local Invoices

Our provided documents are legally accepted and recognized by Malaysian auditors.

Supporting Multiple MYR Payment Options

Top-up your wallet to reduce transaction hassles and enjoy better conversion rates.

Easy to Use

Place orders 24/7, track order progress at any time, and view the latest real-time exchange rates directly within the system.

How to Get Started?

Service Price List

USD transfer rate

  • Higher conversion rate
  • Minimum charge MYR 10
  • Minimum transaction amount start from USD 2,000 per order
  • Maximum transaction amount is USD 200,000 per order

Terms and Conditions

  1. The handling fee is 2% and the minimum charge is MYR 10.
    Note: The speed of USD Transfer depends on the processing time of each receiving and paying bank.

  2. The minimum transaction amount is USD 2,000.

  3. Each transaction will be processed according to the SLA of different services, and the specific payment processing speed depends on the actual operation of the company.

  4. Customers will by default commit to legal sources of funds. If you encounter freezing or blocking, please contact us as soon as possible.

  5. Customers need to log in to the system to download the Transaction Proven by themselves without prior notice.

  6. If your supplier does not receive payment within 14 working days after the payment was made, please contact us immediately; otherwise, the dispute request may no longer be traceable.

  7. All transactions require MYR payment before funds transfer can be made.

  8. Ensure all recipient details are accurate before initiating the transfer. Should any recipient information require modification during the remittance process, bank service charges will apply and will be solely borne by the customer.

FAQ

Can't find the answer you're looking for? Contact us!
Yes, you only need to provide us with the recipient’s passport and address (the address consistent with the ID card).
You need to provide:
  1. Beneficiary Account Name
  2. Beneficiary Address
  3. Bank Account No
  4. Bank Name
  5. Beneficiary Bank Address
  6. SWIFT Code