Maybank Inward TT Ruling from 27 March, New ruling to hold all incoming TT
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 Mar 22 2017, 11:38 AM
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Senior Member
9,354 posts Joined: Aug 2010 
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QUOTE(bee993 @ Mar 22 2017, 11:16 AM) Haiz...i only know now i need to go money changer to convert my sgd to myr...dunwan go thru this hassle. Only if you have SGD cash in hand,... if you don't, for your funds are inside investment instruments in SG, etc,... you may need to find a way to bring back. TT is one of the ways,... |
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Mar 22 2017, 11:39 AM
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All Stars
15,192 posts Joined: Oct 2004
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QUOTE(bee993 @ Mar 22 2017, 11:16 AM) Haiz...i only know now i need to go money changer to convert my sgd to myr...dunwan go thru this hassle. If your SGD is in the form of paper value, you can't withdraw in physical cash and exchange with exchanger. |
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Mar 22 2017, 01:00 PM
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Senior Member
1,178 posts Joined: May 2007
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QUOTE(Hansel @ Mar 22 2017, 11:38 AM) Only if you have SGD cash in hand,... if you don't, for your funds are inside investment instruments in SG, etc,... you may need to find a way to bring back. TT is one of the ways,... QUOTE(jack2 @ Mar 22 2017, 11:39 AM) If your SGD is in the form of paper value, you can't withdraw in physical cash and exchange with exchanger. I hv bank acc at sg.but hassle to go withdraw lo.Another way is transfer to fren acc and ask them chg then bank in myr to me. |
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Mar 22 2017, 06:24 PM
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Senior Member
1,216 posts Joined: Mar 2009 From: Cut Throat Land
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QUOTE(pisces88 @ Mar 21 2017, 09:28 PM) Oh god. Western union? A lot of western Union agents beside maybank,there's even agent just purely for western union. no need go through banks. but but western union considered as foreign tt? what about paypal, unionpay etc etc? anyone can put some light on this... |
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Mar 22 2017, 06:25 PM
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Senior Member
1,216 posts Joined: Mar 2009 From: Cut Throat Land
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QUOTE(sainod @ Mar 21 2017, 03:33 PM) It says all TT, no mention of a threshold. RM100 oso kena?how the hell they gonna implement this, it is like blocking all foreign tt edi. |
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Mar 22 2017, 07:48 PM
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Junior Member
170 posts Joined: Jun 2015
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argh. I cannot withdraw my forex income now. have to wait and see. if got people kena tangkap i will stay quiet.
time to migrate to singapore. QUOTE 10. What are the penalties for not complying with the FEA rules? Per subsection 214(9) of the Financial Services Act and / subsection 225(9) of the Islamic Financial Services Act, non-compliance with any of the FEA Rules will result in either one of the following: a) Imprisonment up to 10 years; b) Fine up to RM50 million; or c) Both. This post has been edited by troller2: Mar 22 2017, 07:49 PM |
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Mar 23 2017, 12:00 AM
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Junior Member
350 posts Joined: Jan 2009 
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QUOTE(troller2 @ Mar 22 2017, 07:48 PM) argh. I cannot withdraw my forex income now. have to wait and see. if got people kena tangkap i will stay quiet. If open foreign currency account on onshore bank and withdraw forex profit to these account? still cannot ka? time to migrate to singapore.  such as https://www.pbebank.com/Personal-Banking/Ba...nt-Account.aspx |
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Mar 23 2017, 12:15 AM
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Junior Member
170 posts Joined: Jun 2015
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QUOTE(CallOfLegend @ Mar 23 2017, 12:00 AM) If open foreign currency account on onshore bank and withdraw forex profit to these account? still cannot ka? Cannot because it is still an onshore bank. It's just that the currency is stored in a different currency (not MYR). such as https://www.pbebank.com/Personal-Banking/Ba...nt-Account.aspx |
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Mar 23 2017, 12:27 AM
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Junior Member
217 posts Joined: Jan 2014
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Do you think bnm is trying to curb money games incoming money from forex?
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Mar 23 2017, 04:13 PM
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Senior Member
9,354 posts Joined: Aug 2010
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I intend to TT back SGD100 next week after the implementation date,... and see how to 'Hold' status comes about, then I will provide documents to see how to release this Hold status,... never try never know,...
This post has been edited by Hansel: Mar 23 2017, 04:15 PM |
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Mar 23 2017, 04:21 PM
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Junior Member
165 posts Joined: Oct 2008
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QUOTE(Hansel @ Mar 23 2017, 04:13 PM) I intend to TT back SGD100 next week after the implementation date,... and see how to 'Hold' status comes about, then I will provide documents to see how to release this Hold status,... never try never know,... update us bro. Will be trying too |
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Mar 23 2017, 05:37 PM
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Senior Member
1,552 posts Joined: Feb 2013
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QUOTE(Hansel @ Mar 23 2017, 04:13 PM) I intend to TT back SGD100 next week after the implementation date,... and see how to 'Hold' status comes about, then I will provide documents to see how to release this Hold status,... never try never know,... please update us dear hansel.  |
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Mar 23 2017, 06:04 PM
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Senior Member
9,354 posts Joined: Aug 2010
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QUOTE(sainod @ Mar 23 2017, 04:21 PM) update us bro. Will be trying too QUOTE(ShinG3e @ Mar 23 2017, 05:37 PM) please update us dear hansel. Bros,.... |
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Mar 29 2017, 06:29 PM
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Junior Member
170 posts Joined: Jun 2015
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Any updates?
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Mar 29 2017, 07:32 PM
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Senior Member
9,354 posts Joined: Aug 2010
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Sorry bros,...haven't done yet,... perhaps other bros could have performed already,...
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Mar 29 2017, 09:30 PM
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Junior Member
424 posts Joined: Jan 2003
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how about hotforex ? Igoforex ?
hotforex hv office in malaysia. Igoforex oversea but middleman in malaysia. JJPTR ? sorry i didnt invest this. |
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Mar 30 2017, 04:29 AM
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Senior Member
653 posts Joined: Dec 2015
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QUOTE(Hanford @ Mar 29 2017, 09:30 PM) how about hotforex ? Igoforex ? What are you talking about?hotforex hv office in malaysia. Igoforex oversea but middleman in malaysia. JJPTR ? sorry i didnt invest this. |
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Mar 30 2017, 11:34 AM
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Senior Member
1,178 posts Joined: May 2007
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QUOTE(sainod @ Mar 23 2017, 04:21 PM) update us bro. Will be trying too was waiting ur updates coz today dbs rate not bad...3.1358but dont dare take risk coz i wan tt 3k sgd...afraid kena hold duno how long  |
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Mar 30 2017, 02:52 PM
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Senior Member
9,354 posts Joined: Aug 2010
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QUOTE(bee993 @ Mar 30 2017, 11:34 AM) was waiting ur updates coz today dbs rate not bad...3.1358 but dont dare take risk coz i wan tt 3k sgd...afraid kena hold duno how long That's right,...after kena held back,... better use Debit card. |
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Mar 30 2017, 07:43 PM
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Senior Member
627 posts Joined: Jun 2009
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Not sure what kind of satisfactory documents if transfer from own overseas account to own domestic account?
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