Malaysia ATM Withdrawal Guide: Fees, Locations, Exchange Rates 2026

Heading across the Causeway to Johor Bahru for supper, shopping, or a quick weekend escape?

Here’s why this Malaysia ATM guide will come in handy. Picture this: You’re headed into JB for an impromptu weekend trip away or a late-night supper run, and you’ve got no time to spare to withdraw ringgit at money changers. And as we all know, not all establishments in JB accept cards or contactless payments. So, what now? 

No worries, we’ve got you covered. This guide covers everything you need to know about withdrawing cash in Malaysia, including fees, ATM locations, and exchange rates! And if you’ve got a multi-currency card like YouTrip, then you’re already saving extra with competitive MYR exchange rates and zero FX fees.

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TL;DR: Malaysia ATM Withdrawals for Singaporeans

Question	Quick Answer
Are ATMs widely available in Malaysia?	Yes — especially in JB, KL, Penang and airports
Do Malaysian ATMs charge fees?	Usually no local surcharge, but your SG bank may charge 2.5–3.5% FX fees
How much can I withdraw?	Typically 1,500–3,000 MYR per transaction
Should I use money changers?	Now requires personal details (even under 3,000 MYR)
Cheapest way to withdraw MYR?	Multi-currency cards with 0% FX fees

Table of Contents:

1. Malaysia Money Changer Update
2. Where to Find ATMs in Malaysia
3. Malaysia ATM Withdrawal Fees
4. How to Withdraw MYR Without Paying Extra Fees
5. Malaysia ATM Withdrawal Limits
6. Best Multi-Currency Cards for Malaysia ATM Withdrawals
7. Avoid ATM Withdrawal Fees with YouTrip
8. Step-by-Step: How to Withdraw Cash in Malaysia
9. Reset or Change Your YouTrip PIN

Update: Malaysia Money Changers Now Require You to Share Personal Details

Previously, ID was required only for exchanges above 3,000 MYR.

Under updated regulations, all customers must now declare personal details, even below 3,000 MYR. Foreigners (including Singaporeans) must present passports.

We suggest heading to the nearest ATM in Malaysia and enjoying free withdrawals of up to S$400 in foreign currency with your YouTrip card! More on that below

Related Guide: Find out how to capitalise on the Malaysian ringgit here

Where to Find ATMs in Malaysia

Image credits: Swedish Nomad

Malaysia has an extensive ATM network, especially in major cities like Kuala Lumpur, Penang, and Johor Bahru. You’ll easily find ATMs at airports, shopping malls, banks, convenience stores, and even petrol stations.

The biggest banks in Malaysia with widely available ATMs include:

• Maybank — the largest bank in Malaysia (Locate your ATM here)
• CIMB Bank (Locate your ATM here)
• Public Bank
• RHB Bank (Locate your ATM here)
• HSBC Malaysia — ideal for those who already bank with HSBC globally (Locate your ATM here)
• Hong Leong Bank (Locate your ATM here)
• Affin Bank (Locate your ATM here)
• Bank Simpanan Nasional
• Alliance Bank Malaysia (Locate your ATM here)

Tip: Locate the nearest ATM using this app – ATM Locator Malaysia

If you’re heading to smaller, rural areas or islands, ATMs may be scarce, so do withdraw enough cash beforehand!

Related Guide: Here’s how you can make the most of your Touch ‘n Go eWallet in Malaysia

Malaysia ATM Withdrawal Fees

Most Malaysian banks do not charge an additional ATM withdrawal fee for foreign cards.

However, Singapore-issued debit cards typically charge:

• 2.5%–3.5% foreign transaction (FX) fees
• Overseas ATM withdrawal fees (varies by bank)
• Potential Dynamic Currency Conversion (DCC) markups

If an ATM operator applies a surcharge, it will be shown on-screen before you confirm.

How to Withdraw MYR Without Paying Extra Fees

To minimise charges:

1. Always choose to withdraw in MYR, not SGD (decline DCC).
2. Select “Savings Account.”
3. Check the screen for any surcharge notice.
4. Use a multi-currency card with 0% FX markup.

This alone can save 2–4% per withdrawal compared to traditional bank debit cards.

Related Guide: Here are 21 Things To Do In Mount Austin JB | Food & Activities (2025)

Malaysia ATM Withdrawal Limits

Typical ATM limits in Malaysia:

• 1,500–3,000 MYR per transaction (~S$485-970)
• Some banks allow up to 4,000 MYR (~S$1,293)

Additional notes:

• Your Singapore bank may impose a daily cap
• Most ATMs dispense 10 MYR and 50 MYR notes
• Some card providers may apply Malaysia-specific limits

Related Guide: Here are 12 fun things to do in KL

Best Multi-Currency Cards for Malaysia ATM Withdrawals (Singapore)

If you travel to JB frequently, a multi-currency card can significantly reduce FX costs.

Here’s how popular Singapore options compare:

Card	Exchange Rate*	FX Fees	Free ATM Withdrawal	After Free Limit
YouTrip	1 SGD = 3.076 MYR	0%	S$400/month	2%
Revolut	1 SGD = 3.069 MYR	0% (weekday, within plan limit) 1% on weekends	S$350/month (5 withdrawals)	2%
Wise	1 SGD = 3.070 MYR	From 0.26% (varies by currency)	Up to S$350/month	1.75% + possible S$1.50 fee
Amaze	1 SGD = 3.075 MYR	0%	No free limit	2% on all withdrawals
Trust	1 SGD = 3.079 MYR	0%	No ATM withdrawal fee	Subject to network terms

*Rates taken as of 20 Feb 2026

Related Guide: Check out this guide for the Best Multi-Currency Cards In Singapore

Avoid ATM Withdrawal Fees with YouTrip

With YouTrip:

• 0% FX fees
• Up to S$400 free ATM withdrawals per calendar month
• 2% fee after free limit
• Daily overseas limit: S$5,000
• Malaysia-specific daily cap: S$2,500

The S$400 free withdrawal limit resets on the 1st of each month.

Some overseas ATM operators may still impose local surcharges (displayed before confirmation).

Related Guide: Here are 15 best JB hotels from S$46/night

Step-by-Step: How to Withdraw Cash in Malaysia

Here’s how you can withdraw ringgit at Malaysia ATMs with YouTrip in 4 easy steps:

1⃣ Locate an ATM displaying the Mastercard®, Maestro® and/or Cirrus® logos and insert your YouTrip card

2⃣ Key in your 4-digit ATM & Card PIN

3⃣ Select ‘Saving account’

4⃣ Withdraw your desired amount in MYR to avoid DCC charges for currency conversion

Enjoy FREE S$400 monthly withdrawals with YouTrip per calendar month, with a 2% fee imposed thereafter 

And there you have it — you won’t ever have to worry about running out of cash in Malaysia.

Related Guide: For more content like this, follow us @YouTripSG on TikTok!

enjoy fuss-free withdrawals with YouTrip

Need help resetting your ATM PIN? 

1. Head to the ‘Cards’ tab in your YouTrip app 
2. Tap on ‘Manage’ & click on ‘Reset ATM PIN’
3. Enter your new ATM PIN upon prompt to reset

If you wish to change your APP PIN:

1. Head to your YouTrip app > tap ‘More’
2. Select ‘Security’ > ‘Change APP PIN’

Related Guide: Find more on ATM withdrawals with YouTrip here

Get the best MYR rates with YouTrip!

Image Credits: DESIYATRI.com

Withdrawing cash in Malaysia is straightforward. The mistake most travellers make? Letting their bank quietly skim 3% in FX fees. Stick to bank ATMs, decline currency conversion, and use a card with zero FX markup. That way, the only thing you’ll be calculating in JB is how much space you have left for supper.

Not a YouTrooper yet? Singapore’s go-to multi-currency wallet helps you save with great FX rates and zero fees. Skip the money changer and get a free YouTrip card + S$5 YouTrip credits with code <YTBLOG5>.

Then, head over to our YouTrip Perks page for exclusive offers and promotions — we promise you won’t regret it. Join our Telegram (@YouTripSG) and Community Group (@YouTripSquad) for travel tips, event invites, and more!

Happy travels!

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*The information stated above is true as of 10 March 2025

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