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 Wise (Transferwise) Malaysia Discussion, v1.0

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Ramjade
post Jan 24 2022, 12:42 PM

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QUOTE(yungkit14 @ Jan 24 2022, 12:01 PM)
big pay better than paypal ?
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Always. But you cannot get paid using bigpay in USD. You can get paid in USD for PayPal.

This post has been edited by Ramjade: Jan 24 2022, 12:44 PM
yungkit14
post Jan 24 2022, 01:01 PM

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hmm
i c
Ramjade
post Jan 24 2022, 01:08 PM

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QUOTE(yungkit14 @ Jan 24 2022, 01:01 PM)
hmm
i c
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Wait for mymy or use TransferWise if you want to get laid in USD.
wkkm007
post Jan 24 2022, 03:38 PM

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QUOTE(Kadaj @ Jan 23 2022, 08:37 PM)
Only banned me topup by using any credit/debit card. I only can topup by online bank now.
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The 1st Wise card
I've tried boost, TNG ewallet, Shopee pay all fail
So far only Grab pay successful add and make payment
wkkm007
post Jan 24 2022, 03:39 PM

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QUOTE(nate_nightroad @ Jan 21 2022, 06:00 PM)
Mine arrived today
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Did you pay for express shipping or the free shipping?
If it is free shipping which courier service are they using?

This post has been edited by wkkm007: Jan 24 2022, 03:40 PM
The1stHumanBeing
post Jan 24 2022, 05:17 PM

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QUOTE(CharmaineLee80 @ Jan 24 2022, 11:58 AM)
anyone fund / deposit TD ameritrade singapore using Wise ?
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For me, not with Ameritrade Singapore but for Interactive Brokers US. Works like a charm for ACH transfers.

dwRK
post Jan 24 2022, 05:18 PM

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QUOTE(wkkm007 @ Jan 24 2022, 03:39 PM)
Did you pay for express shipping or the free shipping?
If it is free shipping which courier service are they using?
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free is normal pos in white envelope... no tracking
The1stHumanBeing
post Jan 24 2022, 05:19 PM

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QUOTE(yungkit14 @ Jan 24 2022, 12:01 PM)
big pay better than paypal ?
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BigPay is still behind in terms of international payments, you cannot hold foreign currency and don’t even have banking account details if you want people to transfer money to you. I suggest you get Wise if you do a lot of travelling and international transfers.
The1stHumanBeing
post Jan 24 2022, 05:21 PM

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QUOTE(dwRK @ Jan 24 2022, 05:18 PM)
free is normal pos in white envelope... no tracking
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I used DHL express, quick af. Ordered on the 24th Dec and expected arrival of 29th (received on the 28th). Though they only mailed my card on the 27th. But of course, have to pay lah.
dwRK
post Jan 24 2022, 06:23 PM

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QUOTE(The1stHumanBeing @ Jan 24 2022, 05:21 PM)
I used DHL express, quick af. Ordered on the 24th Dec and expected arrival of 29th (received on the 28th). Though they only mailed my card on the 27th. But of course, have to pay lah.
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yeah... I pick normal because don't need it... lol

get for testing... but so far spent RM 500 using it liao... hahaha

loaded with foreign currencies too. .. gonna test online orders soon...
nate_nightroad
post Jan 24 2022, 07:32 PM

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QUOTE(wkkm007 @ Jan 24 2022, 03:39 PM)
Did you pay for express shipping or the free shipping?
If it is free shipping which courier service are they using?
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I dont think there is choice for shipping. No tracking number so I assume is the normal one. Maybe sent by pos malaysia
nate_nightroad
post Jan 24 2022, 07:56 PM

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Anyone has problem with the wise card contactless transaction? I went to kk mart today and the transaction got declined and i had to use pin
The1stHumanBeing
post Jan 24 2022, 10:55 PM

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QUOTE(dwRK @ Jan 24 2022, 06:23 PM)
yeah... I pick normal because don't need it... lol

get for testing... but so far spent RM 500 using it liao... hahaha

loaded with foreign currencies too. .. gonna test online orders soon...
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Yeah at this point, I spent a lot of money using Wise

Like buying goods in USD, funding my IBKR account and most recently testing the Wise card for contactless payments.

I plan to use this card when I travel to Singapore.
Justmua
post Jan 25 2022, 01:49 PM

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Anyone tried receiving money from Sg bank account with the Wise SGD bank details?

Thanks for sharing.

QUOTE(The1stHumanBeing @ Jan 24 2022, 10:55 PM)
Yeah at this point, I spent a lot of money using Wise

Like buying goods in USD, funding my IBKR account and most recently testing the Wise card for contactless payments.

I plan to use this card when I travel to Singapore.
*
The1stHumanBeing
post Jan 25 2022, 01:56 PM

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QUOTE(Justmua @ Jan 25 2022, 01:49 PM)
Anyone tried receiving money from Sg bank account with the Wise SGD bank details?

Thanks for sharing.
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Not yet, I have a Singaporean friend that could try; it should work like normal. I actually tried doing bank transfer from my Malaysian bank account to my Wise MYR Balance. It worked, just make sure you put JP Morgan Chase Bank Berhad (Wise’s partner bank) and account number; you should receive it within a day. I assume it would be similar in Singapore.

This post has been edited by The1stHumanBeing: Jan 25 2022, 01:57 PM
jack2
post Jan 25 2022, 06:44 PM

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can foreigner use personal wise to send fund to Malaysia business bank account which is under business / company name?
Justmua
post Jan 25 2022, 07:01 PM

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Would appreciate if you can share if you have actual experience with SG bank ya...

Thanks.

QUOTE(The1stHumanBeing @ Jan 25 2022, 01:56 PM)
Not yet, I have a Singaporean friend that could try; it should work like normal. I actually tried doing bank transfer from my Malaysian bank account to my Wise MYR Balance. It worked, just make sure you put JP Morgan Chase Bank Berhad (Wise’s partner bank) and account number; you should receive it within a day. I assume it would be similar in Singapore.
*
jack2
post Jan 25 2022, 07:04 PM

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QUOTE(The1stHumanBeing @ Jan 25 2022, 01:56 PM)
Not yet, I have a Singaporean friend that could try; it should work like normal. I actually tried doing bank transfer from my Malaysian bank account to my Wise MYR Balance. It worked, just make sure you put JP Morgan Chase Bank Berhad (Wise’s partner bank) and account number; you should receive it within a day. I assume it would be similar in Singapore.
*
Then such wise MYR can be withdrawn to your own bank?
The1stHumanBeing
post Jan 25 2022, 07:20 PM

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QUOTE(jack2 @ Jan 25 2022, 06:44 PM)
can foreigner use personal wise to send fund to Malaysia business bank account which is under business / company name?
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Yes lol, you can use your personal Wise account to transfer money to your own account, family/friends & businesses. However, you can’t hold more than RM20k (includes all currency holdings) unless you have a SSM certificate.

This post has been edited by The1stHumanBeing: Jan 25 2022, 07:24 PM
The1stHumanBeing
post Jan 25 2022, 07:28 PM

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QUOTE(jack2 @ Jan 25 2022, 07:04 PM)
Then such wise MYR can be withdrawn to your own bank?
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Yes, there are two ways, you can send SGD thru Wise and directly transfer it back to your MYR bank account (based on their forex rate and fees). Or send SGD to your Wise SGD balance; convert your SGD to your MYR balance (based on their forex rate and fees), then finally transfer back to your MYR bank account (Which has a small fee, I tried it before).

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