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FOREX: Instarem v BigPay v Transferwise, True as at 6/7/2020
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SUSyklooi
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Dec 16 2021, 12:57 PM
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QUOTE(Takudan @ Dec 16 2021, 12:51 PM) Just came across WorldRemit ad when I looked up exchange rate for MYR to SGD... 5M+ app download versus Wise's 8M+, sounds pretty legit. Anyone heard of this or have any comment about it? googled and found this Wise /TransferWise vs WorldRemit 8 Things You Need to Know – Only One Winner! https://transumo.com/transferwise-vs-worldremit/caveat emptor,...not sure if it is biased or not
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Hoshiyuu
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Mar 1 2022, 05:01 PM
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Instarem beat Wise at rates today, color me surprised. (for both USD and SGD, at RM1.5k)
Ramjade
This post has been edited by Hoshiyuu: Mar 1 2022, 05:02 PM
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LostAndFound
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Mar 1 2022, 06:05 PM
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QUOTE(Hoshiyuu @ Mar 1 2022, 05:01 PM) Instarem beat Wise at rates today, color me surprised. (for both USD and SGD, at RM1.5k) RamjadeIt beat wise for me last week as well (for LKR).
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c64
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Mar 1 2022, 06:35 PM
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I just have a fraud transaction on BigPay yesterday. Suddenly a transaction pops up. Bigpay support also useless. Now cancelled my old card and get a new one. Seems like lots of frauds and scam with Bigpay. I think i will look into Transferwise instead. Lucky only RM40+ fraud transaction.
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Hoshiyuu
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Mar 1 2022, 06:43 PM
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QUOTE(c64 @ Mar 1 2022, 06:35 PM) I just have a fraud transaction on BigPay yesterday. Suddenly a transaction pops up. Bigpay support also useless. Now cancelled my old card and get a new one. Seems like lots of frauds and scam with Bigpay. I think i will look into Transferwise instead. Lucky only RM40+ fraud transaction. Last year got hit by fraudulent transaction they offered to reverse it... guess this year no more money? Either way only Bigpay gave me so much headache. Wondering if I should cancel it along with my parent's. It's just so damn bad now.
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c64
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Mar 1 2022, 06:45 PM
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QUOTE(Hoshiyuu @ Mar 1 2022, 06:43 PM) Last year got hit by fraudulent transaction they offered to reverse it... guess this year no more money? Either way only Bigpay gave me so much headache. Wondering if I should cancel it along with my parent's. It's just so damn bad now. Yeah, not to mention the Indon guy scammer who keeps calling me via Whatsapp.
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ericlaiys
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Mar 1 2022, 07:08 PM
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QUOTE(c64 @ Mar 1 2022, 06:35 PM) I just have a fraud transaction on BigPay yesterday. Suddenly a transaction pops up. Bigpay support also useless. Now cancelled my old card and get a new one. Seems like lots of frauds and scam with Bigpay. I think i will look into Transferwise instead. Lucky only RM40+ fraud transaction. after so many scam call, i have stop using bigpay.
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c64
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Mar 1 2022, 07:12 PM
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QUOTE(ericlaiys @ Mar 1 2022, 07:08 PM) after so many scam call, i have stop using bigpay. Yes, once i found an alternative, i will drop it. Not worth saving a bit of money for so much headache.
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Hoshiyuu
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Mar 1 2022, 07:18 PM
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QUOTE(c64 @ Mar 1 2022, 07:12 PM) Yes, once i found an alternative, i will drop it. Not worth saving a bit of money for so much headache. If it's purely for international spending, I find Wise save me more money than Bigpay. (I spend quite a bit in USD and GBP).
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c64
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Mar 1 2022, 07:20 PM
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QUOTE(Hoshiyuu @ Mar 1 2022, 07:18 PM) If it's purely for international spending, I find Wise save me more money than Bigpay. (I spend quite a bit in USD and GBP). Yes, that's the purpose for use for BigPay...buy online USD and travelling. Now i just gotta jump ship.
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Hoshiyuu
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Mar 1 2022, 07:23 PM
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QUOTE(c64 @ Mar 1 2022, 07:20 PM) Yes, that's the purpose for use for BigPay...buy online USD and travelling. Now i just gotta jump ship.  Yeap, then Wise is perfect for you then. You can refer to this thread for some info despite the thread name, lol. https://forum.lowyat.net/topic/4953197/+480
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hedfi
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Mar 2 2022, 12:27 AM
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Hopefully Wise will be more widely accepted than BigPay, tried some outlets in Oz and rejected
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Hoshiyuu
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Mar 2 2022, 12:57 AM
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QUOTE(hedfi @ Mar 2 2022, 12:27 AM) Hopefully Wise will be more widely accepted than BigPay, tried some outlets in Oz and rejected Oz?
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Takudan
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Mar 2 2022, 01:15 AM
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QUOTE(Hoshiyuu @ Mar 2 2022, 12:57 AM) "Aussie", I assume. Interesting change of pace... I was almost gonna remove Instarem from my check because it was always last place for 1 year+ lol
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SUSxander83
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Mar 2 2022, 04:44 AM
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QUOTE(Hoshiyuu @ Mar 2 2022, 12:57 AM) AUSTRALIA
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adam1190
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Apr 5 2022, 11:26 PM
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QUOTE(il0ve51 @ Dec 16 2021, 12:56 PM) there is another call moneymatch & sunway money. i uses moneymatch, instarem, bigpay & sunwaymoney. usually sunwaymoney are cheapest. moneymatch and instarem can be cheaper if got promo code. never try transferwise before. usually send USD & EUR I have some AUD in my australia bank account.. Are we able to use Instarem to convert AUD back to MYR as I realised currently I am not able to do so in Instarem (As I can only convert MYR to other currencies)? Thanks
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gooroojee
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Apr 5 2022, 11:38 PM
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QUOTE(adam1190 @ Apr 5 2022, 11:26 PM) I have some AUD in my australia bank account.. Are we able to use Instarem to convert AUD back to MYR as I realised currently I am not able to do so in Instarem (As I can only convert MYR to other currencies)? Thanks  In this case Wise AUD currency account works well:
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adam1190
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Apr 5 2022, 11:39 PM
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QUOTE(gooroojee @ Apr 5 2022, 11:38 PM) In this case Wise AUD currency account works well:  Thanks a lot for the information, just to confirm, Instarem doesnt have this feature like Wise?
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dwRK
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Apr 5 2022, 11:49 PM
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QUOTE(adam1190 @ Apr 5 2022, 11:39 PM) Thanks a lot for the information, just to confirm, Instarem doesnt have this feature like Wise? instarem can only send from originating country... meaning to send aud from australia, you must have instarem australia account and send out from there only wise can "pull" from other countries back to malaysia
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adam1190
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Apr 5 2022, 11:52 PM
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QUOTE(dwRK @ Apr 5 2022, 11:49 PM) instarem can only send from originating country... meaning to send aud from australia, you must have instarem australia account and send out from there only wise can "pull" from other countries back to malaysia i see, then wise is more advantageous in this aspect.. just checked with Instarem live chat support, they say can open instarem australia account but I would need to deactivate my instarem malaysia account first.. This post has been edited by adam1190: Apr 6 2022, 12:00 AM
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