Im looking for a way to transfer money to Taiwan.
My friend is over there and I want him to buy something for me..
the amount is rm3k, and they told me I will get charge around 100+..
I dono isit true or what method they using..

Any 1 got idea how to send money to Taiwan without get high surcharge?

**
Update:
He is using city bank (taiwan account, not local account),
can I just bank in into his city bank account?

This post has been edited by psyduck89: Nov 25 2015, 12:15 PM

ask him to use credit card and u pay him back later?

he go no cash and credit card..
since the amount I want to spend is big,
so I need to send him the money 1st.

what if u online transfer money to his account and withdraw from his side? there will be charge but not sure how much.

i think u better check with the bank or something

okay,
will check with him 1st.

Can try Western Union but not sure how much to transfer to Taiwan

maybank2u FTT, RM10, but takes up to 3 days.

AFAIK, no money changer in Taiwan takes MYR. Even bank also reluctant.

so i must send TWD instead of rm?

surcharge only RM10?

did you face it before or u just heard about it?

u use bfeore?

Used WU before but not to Taiwan.

roughly how much they charge?

Not too sure. Different country different pricing. Better you go to bank with western union sign and ask. Transfer done in 10-15mins.

Can ask the bank person for alternative ways as well.

oh?
bank with western union?
u mean i go city bank and ask?

Any bank with the western union logo outside can use already.
Western Union direct transfer to his name, he just need to go to a bank in Taiwan with western Union and collect it in cash

Use Paypal la easiest.

he dont have pay pal,
how to receive money wor..

any bank oso sane rate?

I don't know about other banks, because I only have used Maybank and CIMB for foreign transfer.

Maybank or CIMB only charge RM10 for online foreign telegraphic transfer, or RM25-30 if do over the counter. There will be charge on the receiving bank's side, it depends on banks so you can ask your friend how much is the fees (to receive money). I did a transfer to Taiwan few years ago, I can't remember the cost but the receiving charge was a lot higher than our side (RM10), but still cheaper compared to Western Union.

Unfortunately, i just checked, both banks no longer offer TT in TWD currency, so transactions will be in USD (MYR-USD, then USD to TWD, double conversions there, so you could lose a lot). In the past, it was directly in TWD.

If you have Citibank account you can ask them, maybe they have special rate for transfers between Citibank local and overseas, I don't know.

Only few banks in malaysia have Western Union service, CIMB used to have but now already ditched it. I think banks that still offer WU service: RHB, Ambank, Bank Islam, BSN.. some others. I don't think Citibank got Western Union. Western Union is available at post offices.

I had always avoided Western Union because to me bank's TT is cheaper (especially the fees from the Malaysian's side). But you can try to get a quote and compare.

Paypal can be cheaper if the amount is small.

use paypal, the cheapest. or else, western union also charging around rm75