Are there any restrictions on the removal of personal money from Malaysia?

Answer 1

Yes. For details, please refer to the Central Bank of Malaysia website.


Import and Export of Currency by Resident Travellers
A resident traveller may import or export ringgit notes up to MYR1,000 and to export foreign currency notes, including traveller's cheques, up to an equivalent of USD10,000 .

There is no restriction for a resident traveller to bring into Malaysia any amount of foreign currency notes, including traveller's cheques.

A resident traveller is required to obtain permission from the Controller when the resident:

Carry into or out of Malaysia , ringgit notes exceeding MYR1,000.
Carry out foreign currency notes, including traveller's cheques, exceeding the equivalent of USD10,000.

Sources: Foreign Exchange Administration website, Central Bank of Malaysia