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 Best way to send money from singapore to malaysia

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chokolato
post Apr 19 2013, 02:05 PM

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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?
chokolato
post Apr 19 2013, 03:47 PM

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QUOTE(yrh0413 @ Apr 19 2013, 03:42 PM)
Today's rate at Arcade Raffles Place was 2.46 (around 9:30am). I always exchange RM in SG and bring it to MY myself... it is quite safe if you travel with your friends. City Square JB is just 1 minute walk from CIQ, and there is UOB and Maybank in the shopping mall thus I am less worried about being robbed.
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ohh.. which means u think go change RM in SG is better than all other options mentioned in this thread?

chokolato
post Apr 22 2013, 02:41 PM

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QUOTE(yrh0413 @ Apr 22 2013, 02:06 PM)
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.
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thanks!!

 

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