Malaysian ringgit (RM)
ATMs widely available. Credit Cards accepted in most hotels and restaurants.
ATMs & Credit Cards
Mastercard and Visa are the most widely accepted brands of credit card. You can make ATM withdrawals with your PIN, or banks such as Maybank (Malaysia’s biggest bank), HSBC and Standard Chartered will accept credit cards for over-the-counter cash advances. Many banks are also linked to international banking networks such as Cirrus (the most common), Maestro and Plus, allowing withdrawals from overseas savings or cheque accounts.
If you have any questions about whether your cards will be accepted in Malaysia, ask your home bank about its reciprocal relationships with Malaysian banks.
The ringgit (RM) is made up of 100 sen. Coins in use are 1 sen (rare), 5 sen, 10 sen, 20 sen and 50 sen; notes come in RM1, RM5, RM10, RM20, RM50 and RM100.
Older Malaysians sometimes refer to ringgit as ‘dollars’ — if in doubt ask if people mean US dollars or ‘Malaysian dollars’ (ie ringgit).
Be sure to carry plenty of small bills with you when venturing outside cities — in some cases people cannot change bills larger than RM10.
Currency & Exchange was originally published in Flynote Travel Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.