Im thinking to sell something to Singapore. But i have no idea how to collect payment from Sg'pore buyers

My question is,
1) Actually Sg'pore buyers bank-in Sing Dollar or they need to convert SG Dollar into Ringgit Malaysia b4 they bank-in into my Malaysia local bank acc. ?? Or i cant use local bank acc for tht kind of transaction?

2) Does it involve some duty charge if i sending item to Sg'pore??

3) Which courier should i use?

Thanks in advance.

This post has been edited by yehlai: Mar 9 2007, 07:38 PM

3) Can i send courier by Pos Laju to Singapore??

tis 1 i can help u answer . yes u can use pos malaysia to post to singapore ...but it is not pos laju ,,,...

Well there's Maybank Singapore..i am sure u can transfer money thru maybank base on maybank conversion rate..

Thanx

1. there is maybank singapore,and u can ask the buyer to use maybank2u singapore to do the transaction with u,but there is charges within,i forgot is what.

2. if the kastam found that the item is suspected an illegal item (eg.Handphone),then the duty will be charged,if u lucky and they lazy to check,then there will be no duty charge,i post a proc to there before,because i put it as small as possible(dont make ur parcel too big and too heavy),then the receiver didnt pay for the duty.but if the kastam found out it is an illegal item and need to charge duty,it's not easy for the buyer to get the item,the buyer will need to apply a what (i forgot) permit in order to get the item,the procedure is very complicated.better be careful,if failed to do so,the item will be consficated by the kastam.

3.U can use pos malaysia to ship the item,the problem is,u trust pos malaysia meh?i willing to pay rm15 more to get a better service like DHL,UPS or bla bla....

good luck to u Yehlai,just be careful of what i told u the 2. thing.

money u can sent by money changer for tranfer only 3 hour can recveid.

parcel can sent dy pos laju 0r fedex,,

Some wrong information you guys gave here.

1. Maybank Singapore and Maybank Malaysia are DIFFERENT. You CAN'T use Maybank2U online banking for transferring money from Singapore to Malaysia directly.

2. If buyers from Singapore wants to send money to you, they will have to use bank Tele-Transfer, even if it is Maybank Singapore to Maybank Malaysia. Singapore bank will charger buyer around S$22 (around RM50). When you receive the money, your local bank in Malaysia will change the S$ to RM according to their own conversion rate, and they will charge you some fee (cant remember this one) for the TT.

3. You can try PayPal if you want, currency will be in either USD or S$, but you can't withdraw money from PayPal in Malaysia, please take note.

4. You can send via PosLaju, which is very safe. Takes around 3 days to reach Singapore. A bit expensive though.

5. Make sure you dont send illegal item. For normal item, there is a certain value limit before kena tax...

I will write an article perhaps on this one at ECMalaysia.com soon

Regards,
Kho King
www.ECMalaysia.com ~ Electronic Commerce in Malaysia!

easy dude.
open a hsbc account.
thats how i do it.
infact for all over the world.

Thanks for all the help guys
But if i wanna find dealers from sg'pore then, where should i go?
Can i get their contact at lyn?
Thanks in advance.

This post has been edited by yehlai: Feb 27 2007, 01:42 PM

I used to sell mesos (Maple Story Online Game) to Singapore customer using PayPal before with no problem.

@Pinvader
Thanks bro.. i will learning using PayPal. But anywhere to find guide for using PayPal ??

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Added on March 9, 2007, 7:27 pmBro HSBC bank really can?? Any charges??
Thanks.

This post has been edited by yehlai: Mar 9 2007, 07:32 PM

1) ask them to wire the money to u
-need all particulars bout your bank though
-also swift code/route number(ask your bank)

2) depends on customs-check their site

3) use EMS


Chow.

Wht is wire money to me??
Thanks

wire/telegraphic transfer is the same
go ask your bank that u need the details so that your customer can transfer money to you.

your buyer need to fill a form via on9 banking @ at the bank
they will need :

BENEFICIARY'S NAME:
BENEFICIARY'S ADDRESS:


BENEFICIARY'S BANK:
BENEFICIARY'S BANK ADDRESS:

ROUTING #:
ACCOUNT #:
SWIFT #:

Chow.

Thanks bro...