Is Kangaroo Service licensed to send money to Malaysia?
Yes. Kangaroo Service is registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) as a Remittance Dealer, which is the licence required to provide money transfer services from Australia.
In Malaysia, funds are delivered through channels regulated by Bank Negara Malaysia (BNM), the country's central bank.
How your money reaches Malaysia
Malaysia has one of the more modern payment infrastructures in the region, and your recipient has more than one way to be paid:
- Bank account transfer to a Malaysian bank, credited in ringgit (MYR).
- DuitNow, Malaysia's national real-time transfer service, which can route funds using a registered mobile number or ID rather than a full account number.
Which option suits you depends on what your recipient already has set up — a full list of supported institutions is in which Malaysian banks can I send to?.
Whichever route the money takes, the amount quoted when you confirm is the amount your recipient receives, and the transfer is traceable end to end. For questions about reporting or tax on the receiving side, see reporting and tax obligations, or contact our team.