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 Wise (Transferwise) Malaysia Discussion, v1.0

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Medufsaid
post Apr 23 2024, 03:48 PM

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QUOTE(marvellHero @ Apr 23 2024, 03:44 PM)
I did it through FPX. So the record is proven and confirmed by the Bank.
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when did you do FPX? usually FPX reversal will happen the next day midnight. e.g., you have a failed FPX today 11am, the reversal will happen tonight midnight 12:00am
marvellHero
post Apr 23 2024, 04:48 PM

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QUOTE(Medufsaid @ Apr 23 2024, 03:48 PM)
when did you do FPX? usually FPX reversal will happen the next day midnight. e.g., you have a failed FPX today 11am, the reversal will happen tonight midnight 12:00am
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I did it on 19 Apr 2024.
Initially, I was thinking the transfer still floating at the bank, however, The ank confirmed it was successfully transfered.
Nojo
post Apr 24 2024, 09:31 AM

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Can someone please pm me their Wise referral link? Thanks in advance.
HumanExtinction
post Apr 25 2024, 01:53 PM

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anyone knows why these days wise transfer is very slow? I make a transfer from wise to my own bank account and the amount is not that huge either. It's been a day and still stuck at sending. Used to be like instantly but its getting slower.
HumanExtinction
post Apr 25 2024, 02:28 PM

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QUOTE(HumanExtinction @ Apr 25 2024, 01:53 PM)
user posted image

anyone knows why these days wise transfer is very slow? I make a transfer from wise to my own bank account and the amount is not that huge either. It's been a day and still stuck at sending. Used to be like instantly but its getting slower.
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Within 30 mins already got an email back, quite impressed but now have to wait and see
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Medufsaid
post Apr 26 2024, 08:24 AM

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HumanExtinction this is to Malaysian bank acct? Next time just topup to your malaysian ewallet via wise debit card and save the transfer fee
trent666
post Apr 26 2024, 10:02 AM

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Hi guys. Does Revolut transfer to local bank account using SWIFT?
HumanExtinction
post Apr 26 2024, 11:46 AM

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QUOTE(Medufsaid @ Apr 26 2024, 08:24 AM)
HumanExtinction this is to Malaysian bank acct? Next time just topup to your malaysian ewallet via wise debit card and save the transfer fee
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Oh damn thanks for the advice!
elea88
post Apr 26 2024, 12:49 PM

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QUOTE(Medufsaid @ Apr 26 2024, 08:24 AM)
HumanExtinction this is to Malaysian bank acct? Next time just topup to your malaysian ewallet via wise debit card and save the transfer fee
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wow good idea.. why I never tot of that
D.gRave
post May 2 2024, 12:49 PM

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anybody use FTT to transfer to wise account?

I tried and it's been 3 days and still money not in WISE.

from account already deducted for FTT and charges.

need to use it for salary
KingArthurVI
post May 2 2024, 03:32 PM

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I echo some recent sentiments around Wise's service deterioration of late. Been doing Wise to IBKR for the past few months but lately (esp. this last week) my FPX transfers have been really slow getting into my Wise MYR balance.
cute_boboi
post May 3 2024, 11:03 AM

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QUOTE(KingArthurVI @ May 2 2024, 03:32 PM)
I echo some recent sentiments around Wise's service deterioration of late. Been doing Wise to IBKR for the past few months but lately (esp. this last week) my FPX transfers have been really slow getting into my Wise MYR balance.
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How slow is slow ? hmm.gif

Recent weeks I have been transferring multiple times via Bank Transfer and FPX to both foreign banks and direct-to-brokers.

Foreign banks are reflected almost immediate within seconds/minutes.

Direct-to-broker will take longer like half a day or few hours. So I believe the slow is broker side clearing.

KingArthurVI
post May 3 2024, 05:39 PM

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QUOTE(cute_boboi @ May 3 2024, 11:03 AM)
How slow is slow ?  hmm.gif

Recent weeks I have been transferring multiple times via Bank Transfer and FPX to both foreign banks and direct-to-brokers.

Foreign banks are reflected almost immediate within seconds/minutes.

Direct-to-broker will take longer like half a day or few hours. So I believe the slow is broker side clearing.
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FPX to Wise balance is usually instant, but lately it takes roughly 15-20 minutes which is a bit annoying
Medufsaid
post May 3 2024, 11:33 PM

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QUOTE(Medufsaid @ Mar 16 2024, 01:21 PM)
if you send MYR to SGD, Wise will take a flat fee cut on top of the typical fee https://wise.com/my/pricing/send-money?sour...etCcy=SGD&tab=0

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fixed fee changed? but cheaper overall

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This post has been edited by Medufsaid: May 3 2024, 11:34 PM
biertrinker
post May 4 2024, 01:23 AM

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I'm new to Wise. How do I use the Wise debit card?

I'm in the US right now. So I need to topup MYR. For using the debit card in the US, do I need to convert my MYR to USD or Wise can automatically convert my MYR as needed? Which is the better option?
Mattrock
post May 4 2024, 02:08 AM

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QUOTE(biertrinker @ May 4 2024, 01:23 AM)
I'm new to Wise. How do I use the Wise debit card?

I'm in the US right now. So I need to topup MYR. For using the debit card in the US, do I need to convert my MYR to USD or Wise can automatically convert my MYR as needed? Which is the better option?
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Can do both. Which is better? Depends on forex trend.
Justmua
post May 9 2024, 08:25 AM

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Any issues with using Wise in US? Will be heading there next week.



QUOTE(biertrinker @ May 4 2024, 01:23 AM)
I'm new to Wise. How do I use the Wise debit card?

I'm in the US right now. So I need to topup MYR. For using the debit card in the US, do I need to convert my MYR to USD or Wise can automatically convert my MYR as needed? Which is the better option?
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ericlaiys
post May 9 2024, 10:11 AM

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QUOTE(Justmua @ May 9 2024, 08:25 AM)
Any issues with using Wise in US? Will be heading there next week.
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no issue. tested
Chiggah
post May 9 2024, 05:01 PM

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Hi I need to transfer NZD to my NZ bank account and it’s my first time using Wise.

Do I topup MYR in Wise then Convert to NZD first before sending ?

SWIFT codes are all pre-populated right ?
SUSTOS
post May 10 2024, 12:38 PM

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Wise has changed its fee structure, now may be cheaper/more expensive depending on the currencies.

https://wise.com/gb/blog/were-updating-our-fees-may-2024

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Still seems more expensive than CIMB SG to MY method though...

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