---
title: Guide to MYR Transfers from Aspire USD Account
description: Follow this payment guide when making MYR transfers from your USD account.
---
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1. [Aspire FAQs - Indonesia](https://support.aspireapp.com/migration/faq/id?hsLang=en)
2. [USD Account](https://support.aspireapp.com/migration/faq/id/usd-account?hsLang=en)
3. [Send Money](https://support.aspireapp.com/migration/faq/id/usd-account?hsLang=en#send-money)
# Guide to MYR Transfers from Aspire USD Account
**What payment method is used for MYR transfers?**
MYR payments will be sent via IBG (local network).
**What types of beneficiaries can I transfer MYR to?**
You can send MYR payments to individual or business accounts in Malaysia.
**Is there a limit on the amount I can send?**
There is a maximum limit of MYR 100,000 per transaction.
**How long does it take for the funds to reach the beneficiary?**
The transfer will typically arrive to your beneficiary within 1-2 business days. Do note that transfers are subjected to compliance checks.
**What will the sender's name be reflected as?**
Our payment partner, CurrencyCloud's local payout partner’s name.
**What is the accepted number of digits for the Account Number?**
We accept account numbers up to 16 digits.
**What is the accepted number of characters for the BIC SWIFT code?**
We accept BIC SWIFT codes with 8 or 11 alphanumeric characters.
**What information should I include when sending MYR transfers?**
When initiating the transfer in the app, Admin users and Finance users with transfer rights will be asked to choose the purpose or reason for the transfer from a list of options:
| **Code** | **Description** |
| --- | --- |
| advertising | Advertising and public relations-related expenses |
| advisor\_fees | Fees for advisory, technical, academic or specialist assistance |
| business\_insurance | Product indemnity insurance |
| construction | Construction costs/expenses |
| delivery | Delivery fees for goods |
| education | Education-related student expenses |
| exports | Payments for exported goods |
| family | Family maintenance |
| fund\_investment | Mutual fund investment |
| hotel | Hotel accommodation |
| insurance\_claims | Insurance claims payment |
| insurance\_premium | Insurance premium |
| loan\_repayment | Repayment of loans |
| medical | Medical treatment and expenses |
| office | Representative office expenses |
| other\_fees | Broker, front end, commitment, guarantee and custodian fees |
| property\_purchase | Purchase of residential property |
| property\_rental | Property rental payment |
| royalties | Royalty, trademark, patent and copyright fees |
| services | Information service charges |
| share\_investment | Investment in shares |
| tax | Tax payment |
| transfer | Transfer to own account |
| transportation | Transportation fees for goods |
| travel | Travel |
| utilities | Utility bills |
**Important note for MYR Transfer**
- Non-ASCII characters will be converted to their ASCII equivalents or removed, to the best of our ability, in order to comply with the limitations of the domestic payment system.
**Questions?** Please log in to the app and reach out in the chat at the bottom right corner of the screen.
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