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 Wise (Transferwise) Malaysia Discussion, v1.0

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SUSTOS
post Mar 2 2022, 10:41 AM

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QUOTE(CharmaineLee80 @ Mar 2 2022, 10:25 AM)
Do you need SG address for this?
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No.
SUSxander83
post Mar 2 2022, 10:46 AM

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QUOTE(CharmaineLee80 @ Mar 2 2022, 10:25 AM)
Do you need SG address for this?
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If you have read carefully within SG address there is limit of receiving and holding up to SGD5000 doh.gif

While others can receive up to SGD200k per transaction and no limit on holding but beware when FSI tax kick ins in 2026 doh.gif
~~5ive~~
post Mar 2 2022, 12:11 PM

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Hi all, can i confirm that WISE cannot transfer money to taiwan bank account? I check the currency list and TWD is not listed there.
SUSTOS
post Mar 2 2022, 02:10 PM

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QUOTE(~~5ive~~ @ Mar 2 2022, 12:11 PM)
Hi all, can i confirm that WISE cannot transfer money to taiwan bank account? I check the currency list and TWD is not listed there.
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Yes, no NTD available for transfer for now. Taiwan has strict capital control measures, unlike SG or HK.

This post has been edited by TOS: Mar 2 2022, 06:09 PM
SUSxander83
post Mar 2 2022, 05:56 PM

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QUOTE(TOS @ Mar 2 2022, 02:10 PM)
Yes, no NTD available for trasfer for now. Taiwan has strict capital control measures, unlike SG or HK.
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THat is why SG and HK are global f8nancial hub for a reason
JLZH
post Mar 2 2022, 10:28 PM

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I'm wondering can we transfer money into TD Ameritrade Singapore using Wise, is there someone did this before?
SUSecntrader
post Mar 3 2022, 02:18 AM

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QUOTE(JLZH @ Mar 2 2022, 10:28 PM)
I'm wondering can we transfer money into TD Ameritrade Singapore using Wise, is there someone did this before?
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i want to know also .

.. feel so sick with this bursa.. too much manipulation. .

i dont understand why malay pakcik malay love to trade against bursa operator lol.

maybe got some umpphhh from their sifu . :-p
SUSxander83
post Mar 3 2022, 04:39 AM

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QUOTE(ecntrader @ Mar 3 2022, 02:18 AM)
i want to know also .

.. feel so sick with this bursa.. too much manipulation. .

i dont understand why malay pakcik malay love to trade against bursa operator lol.

maybe got some umpphhh from their sifu .  :-p
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NOw only you realised doh.gif
dwRK
post Mar 3 2022, 05:11 PM

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QUOTE(ecntrader @ Mar 3 2022, 02:18 AM)
i want to know also .

.. feel so sick with this bursa.. too much manipulation. .

i dont understand why malay pakcik malay love to trade against bursa operator lol.

maybe got some umpphhh from their sifu .  :-p
*
manipulations are good... otherwise prices don't move...

SUSecntrader
post Mar 3 2022, 08:10 PM

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QUOTE(dwRK @ Mar 3 2022, 05:11 PM)
manipulations are good... otherwise prices don't move...
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talk to malay sifu saham.. where they said stock easy make money.

rm1k also u can rich. seriously?

they all sold a lot of useless class or join them as remisier..
SUSecntrader
post Mar 3 2022, 08:11 PM

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QUOTE(dwRK @ Mar 3 2022, 05:11 PM)
manipulations are good... otherwise prices don't move...
*
talk to malay sifu saham.. where they said stock so easy.

they all sold a lot of useless class or join them as remisier..

only legit is tuan jamil baharom where he live trade intraday.

but he also already quiet after found success marketing in online forex prospect smile.gif
dwRK
post Mar 3 2022, 08:18 PM

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QUOTE(ecntrader @ Mar 3 2022, 08:10 PM)
talk to malay sifu saham.. where they said stock easy make money.

rm1k also u can rich. seriously?

they all sold  a lot of  useless class or join them as remisier..
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dyor... learn to read charts... find what works for you

bursa got many nice to swing trade counters... day trade scalping is hard, but can be done also

as with anything... trading is easy only if you know what you are doing... also remember one man's meat another man's poison

Hoshiyuu
post Mar 3 2022, 08:52 PM

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This post has been edited by Hoshiyuu: Mar 3 2022, 08:59 PM
Hoshiyuu
post Mar 3 2022, 08:59 PM

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QUOTE(ecntrader @ Mar 3 2022, 08:11 PM)
talk to malay sifu saham.. where they said stock so easy.

they all sold  a lot of  useless class or join them as remisier..

only legit is tuan jamil baharom  where he live trade intraday.

but he also already quiet after found success marketing in online  forex prospect smile.gif
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Bro... not sure what to say but, you have been trying every single "easy money scheme" seen on LYN without knowing what you are actually doing.

If you want to gamble just walk into a casino... at least you have better chance there.

You are walking down a rather dangerous path I feel, hope you can focus on increasing your normal job income and just invest properly...

You won't find a good future waiting for you trading bursa counters, fx and participating in GameFi garbage.
There isn't a magic silver bullet that people are not sharing with you.
People who can manipulate markets or perform backdoor dealings sure as hell won't sell/tell you their tools/method - doubly so won't do it on a public forum.

The fact that you know "sifu stocks" are clueless but still believe that some of them can get you rich is worrying. Don't be blinded by your own greed... because that's how someone else make money off you.

This post has been edited by Hoshiyuu: Mar 3 2022, 08:59 PM
kbandito
post Mar 4 2022, 07:00 PM

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QUOTE(callmecool @ Feb 17 2022, 10:03 AM)
Anyone has any experience on using the WISE card? Can share some pros and cons? Thank you!!
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Works like a normal credit card, but i can't seem to use the wave function everytime. I like the RM57k daily spend limit that's pretty helpful.
ericlaiys
post Mar 5 2022, 02:00 PM

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QUOTE(callmecool @ Feb 17 2022, 10:03 AM)
Anyone has any experience on using the WISE card? Can share some pros and cons? Thank you!!
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good when you want to use buy things using other currency. Dont think it is useful to use in malaysia, since it did not provide benefit for usage, ewallet benefit, cc point, etc
dummies
post Mar 7 2022, 08:21 AM

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if my son study in Japan, can i hold the japanese yen in my wise account first and buy more Japanese Yen when the exchange rate is good , and then transfer the Yen to my son Japanese bank account whenever he needs the money? thanks.
Hoshiyuu
post Mar 7 2022, 08:57 AM

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QUOTE(dummies @ Mar 7 2022, 08:21 AM)
if my son study in Japan, can i hold the japanese yen in my wise account first and buy more Japanese  Yen when the exchange rate is good , and  then transfer the Yen to my son Japanese bank account  whenever he needs the money?  thanks.
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Yes you can, but there is a holding limit of RM20,000 or its equivalent (about JPY550,000). There is also an auto conversion function to buy currency automatically at your desired rate too. (Small caveat: you can't auto convert from MYR to other currencies)

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https://wise.com/help/articles/0QO88oPwfcCq...uto-conversions
electron
post Mar 14 2022, 07:48 PM

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Ok, time to test my understanding of this Wise thing.
I'll be relocating to US soon, so my question/statements would be between MY and US.

1. To transfer money from MY to US bank: Get an US bank account. Then go to my "MYR" account in Wise and send money to the US bank account. Pay in MYR using FPX and money reach US account typically within one day. Correct? What's the transfer limit? Been trying to find the info.
Same process for USD to MYR

2. Spend in US with the Wise card: Create a USD account in Wise -> "Add" money to it -> Start spending. How fast does the money show up in the USD account, ready for use? Let's say I see a good deal in a shop. Can I add money to USD account and buy the thing right away?

Any important thing that I missed?
SUSTOS
post Mar 15 2022, 01:05 PM

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