The Malaysian Ringgit is the currency of Malaysia which is officially denoted as MYR and RM for prices. 1 MYR consists of 100 Sen. The banknote denominations of the MYR are RM1, RM5, RM10, RM20, RM50, and RM100 and the coins are 5, 10, 20, and 50 sen. Cards: Various well-known international credit and debit cards such as Visa, Maestro, MasterCard and Cirrus are accepted in Malaysia except for lesser-known stores within the country.Top hotels, eateries and shopping hubs accept credit cards and some of them even accept foreign currency such as USD, Euro and Yen. ATM Facilities: Malaysia has ATMs throughout the country in banks, airports and transport areas, however, most ATMs close after midnight. Traveller Cheques:Visitors can carry traveller cheques, and they can easily be cashed at money exchange centres and banks. However, it can become quite tedious as it cannot be used to immediate payment and involve fee charges for every cheque.