KUALA LUMPUR (Nov 10): MBSB Bank Bhd said on Tuesday that its customers can now transfer up to RM150,000 daily in 20 currencies through its Global Easy Transfer (GET) service, developed in partnership with Wise Platform.

Available through the bank’s M Journey app, GET supports currencies including the US dollar, British pound, euro, UAE dirham, as well as other major global currencies. Customers can view exchange rates and fees before confirming a transaction and track transfers in real time, the bank said in a statement.

MBSB Bank, a subsidiary of MBSB Bhd (KL:MBSB), launched GET in August 2025 as the first Malaysian bank to partner with Wise Platform, Wise’s payments infrastructure business for banks and online platforms. The service has since expanded its coverage from 12 to 20 currencies.

Since its launch, 90% of transfers have been completed within a minute, while repeat users accounted for more than 90% of transactions, according to the bank.

MBSB group chief executive officer Rafe Haneef said international transfers were becoming a routine part of financial life for Malaysians, whether for education, family support, travel, investments or business needs.

“Today’s customers increasingly want greater visibility and control over their transactions, without compromising speed, security, and cost transparency,” he said. GET was designed to make international transfers more convenient and accessible through a banking platform, he added.

Meanwhile Wise Platform’s Asia-Pacific general manager Samarth Bansal added in the same statement that the partnership with MBSB combined global payments technology with local banking capabilities.

“International payments should be as fast, simple and transparent as domestic ones, and our partnership with MBSB Bank shows what’s possible when global payments technology meets trusted local banking,” he said. “With GET now available in 20 currencies, we’re excited to build on this momentum and make international payments easier for even more people and businesses.”