PSA: BigPay dropped from my numba 1 last year to shittiest rate this year lol

Instarem rates good? Macam lousy only.
AirAsia not making money ma. How to support bigpay? Need to hike up rate to get more money for AirAsia.

This post has been edited by Ramjade: Apr 20 2022, 01:29 PM

Yeah Instarem still shit (3rd among that list). I guess bigpay just wanted to lure in customers initially, but we can only do our part to always compare.
Sunway Money registration was shit as I had to chase them like a month after I sent all my details, but upon chasing them, I got approved immediately. Transfer wise (no pun intended), Sunway rates has been really good XD I also confirmed I got the money this morning.

Hopefully revolut and mymy faster set up shop. More competition is good.

This post has been edited by Ramjade: Apr 20 2022, 01:30 PM

Instarem only good for first time use promo, where you get rm200 for free.

since I only transfer money back to Malaysia... everyone sucks except wise...

also waiting to see what the digital banks can offer

Don't put your hopes up too high. Those digital banks like grab, Shopee losing money.

We need more people like TransferWise to set up shop in Malaysia.

more competition is good, no? plus we just users not investors...

but problem is once saturated no incentives for new players to come in...

I am saying those digital banks like grab, Shopee are losing money with their grab and Shopee app.

So for them to offer digital banking at loss is something they might not do.

TransferWise is do have profits and they are listed in LSE.

Out of curiosity, anyone know how singapore work for grab and shopeee on digital bank. I dont think they offer saving and tt to other country.

Sunway money cannot transfer foreign currency back to myr?

+1 agree.

Wise so far best

Hi,

I read Instarem provides discount on the first transfer. Someone said rm 200 - that's quite high! Is it still valid? And if so, how to get that discount?

Besides, are there any other fintech that provides new user discount and are as good as Instarem?

Thanks

I found this: https://www.instarem.com/info/offers-coupon-code

Anyway, I noticed that in recent times Instarem's rates are worse than Wise and Sunway Money. Instead, they promote and market themselves more aggressively whereas I receive little to nothing from Wise/Sunway Money.

Not aware of other service providers' discounts. But if you don't transfer money that often, don't get carried away by marketting tricks like promo codes. You won't use them that often and sometimes, waiting for a currency pair to move in your favour would give you more "discounts" than that from service providers like Instarem, Wise or Sunway Money.

The promo codes only last for a while. Don't be penny wise, pound foolish. Choose a reliable service provider which gives you the narrowest spread from the interbank market rates after factoring in all "all-in" cost should be your prime consideration.

Just my 2 cents.

Avoid instarem. I haven't use them for years. Lousy rates.

Anyone can advise if I want to convert Aud back to MYR, can I use sunway money?

No you cannot. You can only send MYR out. I suggest you look for fintech in AU which can do what Sunway money does. So many Vs in Malaysia.
Xe I believed can, world remit/wise/ofx. Just Google. Key in aud10k, select MYR. Choose the one which give the most rm per aud.

This post has been edited by Ramjade: Jul 23 2022, 09:15 PM

Thanks 🙏

Hi, Wise still the cheapest to transfer MYR to AUD?

I received email stated TransferWise will increase their fee starting 9 August 2022