ohh.. which means u think go change RM in SG is better than all other options mentioned in this thread?

I live in KL, work in SG... to be honest JB has the lousiest exchange rate. KL is not much better.

In SG there are a few recommended places to exchange ringgit, The Arcade is one of them. There are almost 20 money changers in the building premise, you can compare each of them before you handover your SGD.

For me I think Maybank Singapore is the best for me to remmitance fund from Singapore to Malaysia, but you must have Maybank Malaysia account first.

Remmitance fund by using Maybank Singapore Online Banking, per day transfer limit is S$3000, but you can amend the limit up to S$20000 per day, the bank will charge one off service charges S$15 per transaction (to Maybank Malaysia account) and you will get the RM in your Maybank Malaysia account on the same transaction day if you done the transfer completely before 4pm of the working days.

Another good thing to have Maybank Singapore account is ou can withdraw the money at ATM Maybank Malaysia with free of service charges, the exchange rate is base on the current foreign exchange rate.

Real Example:
XE showed S$ 1 = RM 2.50
Maybank current exchange rate: S$1 = Rm 2.471

Today I do online remmitance S$10000 and done completely on 3:45pm, so I will get the RM within another 2 more hours which is RM24710, but total charge only S$15. (Just like during CNY period, the money changer rate is low althought the real exchange rate is high, so Maybank Singapore will be the good choice for those who need to convert the S$ to RM within this period.)
Total cost: S$10000 + 15 = RM24710

And if I withdraw RM 20 on the same day at the Maybank Malaysia ATM, they will only deduct S$8.09 from my Maybank Singapore account. Withdraw limit is equivalent S$3000 only per day.

hi henrytanck,
i checked the maybank sg http://www.maybank2u.com.sg/html/ib_faq_xft.htm
max. transfer amount is sgd 3000 per day. may i know how you can make sgd 10k per transaction?

ok guys, i need help. i need to transfer SGD50k from my SG OCBC account to malaysia. i actually plan to physically drive to SG, withdraw the sgd50k (my bro & gf will tag along) so 1 person maybe carry sgd15k+
then i will bring the SGD to KL and change at local money changer (current rate i see in subang is 2.43)

but looking at you guys post, seems that TT or those remittance can give good rate too. maybe i shoulkd postpone my trip to SG?

Anybody try CIMB before? called to the service vounter, they provide free service charge. Only depent on exchange rate that day u transfer the money.

I thought there's a Maybank in Singapore. Maybe you can go and ask regarding this issue.

For me I think Maybank Singapore is the best for me to remmitance fund from Singapore to Malaysia, but you must have Maybank Malaysia account first.

Remmitance fund by using Maybank Singapore Online Banking, per day transfer limit is S$3000, but you can amend the limit up to S$20000 per day, the bank will charge one off service charges S$15 per transaction (to Maybank Malaysia account) and you will get the RM in your Maybank Malaysia account on the same transaction day if you done the transfer completely before 4pm of the working days.

Another good thing to have Maybank Singapore account is ou can withdraw the money at ATM Maybank Malaysia with free of service charges, the exchange rate is base on the current foreign exchange rate.

Real Example:
XE showed S$ 1 = RM 2.50
Maybank current exchange rate: S$1 = Rm 2.471

Today I do online remmitance S$10000 and done completely on 3:45pm, so I will get the RM within another 2 more hours which is RM24710, but total charge only S$15. (Just like during CNY period, the money changer rate is low althought the real exchange rate is high, so Maybank Singapore will be the good choice for those who need to convert the S$ to RM within this period.)
Total cost: S$10000 + 15 = RM24710

And if I withdraw RM 20 on the same day at the Maybank Malaysia ATM, they will only deduct S$8.09 from my Maybank Singapore account. Withdraw limit is equivalent S$3000 only per day.

Hi, I have a friend frm SG need to transfer funds to me ... About 1000++ sgd..
What is the best (good exchange rate yet cheap commission) and safest way? He lives in Upper Seranggon... He only got a dbs acc. Thanks sifus