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Banking Electronic Transfer Coordinator salary in Malaysia

Average Yearly Salary of Banking Electronic Transfer Coordinator in Malaysia is approximately 73,307 MYR (14,645 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Banking Electronic Transfer Coordinator do?

occupation personasA banking electronic transfer coordinator is responsible for overseeing and facilitating the electronic transfer of funds between financial institutions. They ensure that all transactions are processed accurately, efficiently, and securely. This occupation involves coordinating with various stakeholders, such as customers, banks, and third-party service providers, to facilitate smooth and timely fund transfers. The coordinator verifies the authenticity of the transaction, monitors its progress, and resolves any issues or discrepancies that may arise during the process. They also maintain accurate records of all transactions and ensure compliance with relevant regulations and policies.

Skills: Banking, Electronic transfer, Coordinator, Financial institutions, Fund transfers, Compliance.
Job industry: Finance


How much does Banking Electronic Transfer Coordinator make?

Salary details
How much does Banking Electronic Transfer Coordinator make?
Estimated Yearly Salary: 73,307 MYR
Estimated Monthly Salary: 6,109 MYR
Estimated Weekly Salary: 1,410 MYR per week
Estimated Hourly Salary: 35 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 70,740 MYR
Estimated Monthly Salary: 5,895 MYR
Estimated Weekly Salary: 1,360 MYR per week
Estimated Hourly Salary: 34 MYR per hour
Last revision of data: 2024-01-08



Banking Electronic Transfer Coordinator estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 14,645 USD
Estimated Monthly Salary: 1,220 USD
Estimated Weekly Salary: 282 USD per week
Estimated Hourly Salary: 7 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Malaysia is a Southeast Asian country located on the Malay Peninsula and the island of Borneo. It has a diverse population consisting of various ethnic groups, including Malays, Chinese, Indians, and indigenous tribes. Malaysia has an estimated population of around 32 million people. The country covers an area of approximately 330,803 square kilometers, making it the 66th largest country in the world.

Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Banking Electronic Transfer Coordinator job salary compared to average salary in Malaysia.
Comparison shows that a person working as Banking Electronic Transfer Coordinator in Malaysia earns on average:
0.94 times the average salary (or 94% of average salary).

Is Banking Electronic Transfer Coordinator a well paid job?

Yes, our data show that Banking Electronic Transfer Coordinator is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Banking Electronic Transfer Coordinator?

High salary for Banking Electronic Transfer Coordinator would be somewhere between 80,638 MYR and 106,295 MYR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Banking Electronic Transfer Coordinator in Malaysia?

Living in Malaysia the approximate monthly expenses are: 711 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 73,307 MYR
Estimated Monthly Salary: 6,109 MYR
Estimated Weekly Salary: 1,410 MYR per week
Estimated Hourly Salary: 35 MYR per hour
By working as Banking Electronic Transfer Coordinator a person can save up to 509 USD per month or 6,111 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Malaysia, see costs of living in Malaysia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Thailand, Indonesia, Singapore, Brunei, Vietnam, Philippines.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Banking Electronic Transfer Coordinator

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Malaysia

(927,752 MYR per year, pre-tax.)
(770,656 MYR per year, pre-tax.)
(748,723 MYR per year, pre-tax.)
(724,417 MYR per year, pre-tax.)
(722,312 MYR per year, pre-tax.)
(706,560 MYR per year, pre-tax.)
(706,212 MYR per year, pre-tax.)
(704,735 MYR per year, pre-tax.)
(704,523 MYR per year, pre-tax.)
(703,305 MYR per year, pre-tax.)

Data as of 2025

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