Feb 2 2017, 12:41 PM
QUOTE(AIYH @ Feb 2 2017, 10:26 AM)
But whenever, we remit from SG to MY, who is the one converting from SG to MY? DBS or the local bank?
If is DBS, whats the rate?
If is local bank, even though DBS provide it free remit, the exchange rate still depends on the local bank.
For this (if you transfer amount is less than 10k), CIMB is better as it allows you own account to transfer between MY and sg without charges and have better exchange rate than maybank.
Btw, if we TT from malaysia to sg, they are using the sell TT rate to convert right?
How about if we withdraw money at SG from MY saving account? say if we withdraw money from Maybank SG atm from Maybank MY saving account? what rate does it use?
DBS current rate.. DBS having good rate for oversea TT. But if you wanna TT from local bank to sg (example maybank to dbs), better avoid this as maybank exchange rate super sux and not to mention the extra fee + 6% charges.If is DBS, whats the rate?
If is local bank, even though DBS provide it free remit, the exchange rate still depends on the local bank.
For this (if you transfer amount is less than 10k), CIMB is better as it allows you own account to transfer between MY and sg without charges and have better exchange rate than maybank.
Btw, if we TT from malaysia to sg, they are using the sell TT rate to convert right?
How about if we withdraw money at SG from MY saving account? say if we withdraw money from Maybank SG atm from Maybank MY saving account? what rate does it use?
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