Would like to check with you all the best way to receive USD.

Wise USD account mentioned There’s a 4.14 USD fee to receive wire transfers.

If I get the payer to transfer to Saving MYR account in Malaysia, would it be cheaper ? I assume no charge when payer bear the SWIFT cost?

I can either give them my wise USD account, or Maybank MYR account.
Just not too sure which 1 is cheaper.

So your advise is to avoid bank account?

Got it, will stick with wise then.
Will look for other alternative if really need to hold > 20k

But is there any charges incurred for bank?

For example payer send USD 1k, but may be receive only USD 950 x the high exchange rate by the bank..

So today we have 4.2x d T.T