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 FOREX: Instarem v BigPay v Transferwise, True as at 6/7/2020

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Arhat
post Aug 19 2020, 10:58 PM

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QUOTE(Yggdrasil @ Oct 28 2019, 11:34 PM)
Sorry, I am confused with your analysis. If Transferwise has the closest rate to Xe , then why is it the most expensive of the three?

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Arhat
post Aug 19 2020, 11:08 PM

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QUOTE(Yggdrasil @ Aug 19 2020, 11:04 PM)
Because Transferwise charge higher fee.


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Sorry, I don't have time or money to try all four of them. I need to find the best.

How much is the fixed service fee for Transwise per transaction?
Arhat
post Aug 19 2020, 11:33 PM

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QUOTE(Yggdrasil @ Aug 19 2020, 11:14 PM)
If you're making a one off transaction, then you can just choose whichever convenient.
All are already cheaper than banks.
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It's not a one-off, it's every several months one transfer.

Their verification process is complicated and troublesome . Wouldn't want to try all of them.
Arhat
post Aug 20 2020, 10:44 AM

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QUOTE(Ramjade @ Aug 20 2020, 12:02 AM)
It's only one time pain for verification. All my accounts were up and ready like in 2-3 days max. All you need is IC, bank statement, proof of income.
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I am not in Malaysia so I can't give anything else other than my IC scan.

 

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