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 Working in Singapore V11, Serious Talk, No Chatting

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twentyseven
post Jun 21 2012, 02:52 PM

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need advice on transfecting SGD to malaysia bank acc for monthly house payment etc...what are the best method used ? hehe..I had check the rate for TT, pretty expensive where they charge about sgd 30 for each transaction...
twentyseven
post Jun 21 2012, 03:31 PM

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QUOTE(Laine @ Jun 21 2012, 03:16 PM)
check this out: http://www.raffles1.net/currency.asp

TT $10 per transaction. you can call and ask for the rate. the over the counter rates are better than the rates published in the web site.
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Hi Laine,

Thanks for the option. Just curios , does this money changer company that provide this service save and trust-able ? any guarantee that they will not con your money etc. Normally i did TT from banks didnt tried this method before.




twentyseven
post Jun 21 2012, 03:44 PM

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QUOTE(seantang @ Jun 21 2012, 03:40 PM)
Just open a MY savings or chequing account in the same bank as your MY home loan. Then TT one time a large amount (6 months or something) into the MY account and autopay your loan from there lah.

Maybank and CIMB are pretty active in SG. If your MY home loan is also with them, you can open an account with them in SG and use their ibanking webpage to pay the loan from your SG account via a remittance or perhaps against your credit card.
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I do have a maybank acc in malaysia....if that case let me check with maybank sg regarding the rates or procedure.Do you have any experience regarding this method? kindly advise...if you have one.thank you.


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