Travel Currency exchange
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 Sep 3 2009, 08:08 AM
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#1
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Senior Member
621 posts Joined: Jan 2003 From: Jurong West, Singapore   
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I find that most banks don't sell Korean Won in Malaysia. I am now in South Korea already, anyone knows how can my parents transfer money to me with the least possible transaction fees/currency exchange loss? Thanks
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Sep 3 2009, 08:57 AM
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#2
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Senior Member
621 posts Joined: Jan 2003 From: Jurong West, Singapore
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QUOTE(reef_d @ Sep 3 2009, 08:45 AM) if you have a maybankcard, just ask your parent to transfer the money to your bank acc.. then use your atm card at any atm over there with the visa interlink/star logo.. you will be able to withdraw korean currency.. Will there be any additional charges imposed there?also you need to inform maybank that you are in korea and would like to use your atm card over there.. i did it this way when i was in US last month.. the rates from maybank were good enuff for me..  |
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Sep 3 2009, 11:47 AM
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#3
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Senior Member
621 posts Joined: Jan 2003 From: Jurong West, Singapore
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QUOTE(reef_d @ Sep 3 2009, 09:10 AM) i was charged USD2.50 per withdrawal.. Wow, the charges are reasonable. Because I would be here in South Korea for 4 months. Anyway, how do I tell Maybank that I wanna withdraw money in South Korea? Since I am in Korea already. :Sso dont withdraw too often.. try to withdraw an amount that will last you at least a week.. on comparing the exchange rate that maybank gives.. mine was 1usd=rm3.58 (3.55 if you go money changer so maybanks rate is decent).. |
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