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Wise (Transferwise) Malaysia Discussion, v1.0
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Ziet Inv
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Mar 15 2021, 02:18 PM
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QUOTE(weisinx7 @ Mar 15 2021, 01:29 PM) it's just some error from their side, should be no issue now. Also now they changed their name to Wise , and exchange speed is quite fast as well, within half an hour i can see the the money in my local bank already. Thank you so much for this! So the error has already been rectified? Though from Malaysian's perspective, Wise still doesn't have borderless account, I only got it when i switch my location to Singapore (cheeky little trick I learnt on YouTube lols!). Not sure if this is deem illegal / unprotected in the eyes of BNM? Not sure if there are any ramification for this. Thank you once again!
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dwRK
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Mar 15 2021, 02:25 PM
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QUOTE(cheezzzz @ Dec 22 2020, 03:58 PM) anyone know how to avoid paypal conversion rate by withdrawing paypal balance to transferwise borderless? since it is no longer available - are there other altneratives? I dont want to lose 2-2.9% of my total to Paypal's horrible conversion rate spend it
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cusx
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Apr 5 2021, 08:29 PM
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Just tried to open a Wise Borderless Account. It does seem that the borderless account feature is no longer available in MY.
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b0rhui
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May 26 2021, 05:42 PM
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Now borderless account feature is disabled in MY.
Is it possible to receive money from overseas by providing local bank details without a Transferwise account?
(In other words, giving my local bank details to a foreigner with a Transferwise account)
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Ramjade
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May 26 2021, 06:19 PM
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QUOTE(b0rhui @ May 26 2021, 05:42 PM) Now borderless account feature is disabled in MY. Is it possible to receive money from overseas by providing local bank details without a Transferwise account? (In other words, giving my local bank details to a foreigner with a Transferwise account) Yes if you give your Malaysian bank account they can send you money as they have license to received money. They are also licensed to send money out.
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labtec
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May 30 2021, 05:10 PM
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hi, may I know is there instarem app to download for android? i just register on their website but cannot find their app in google play store.
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leo_kiatez
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May 30 2021, 06:47 PM
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QUOTE(b0rhui @ May 26 2021, 05:42 PM) Now borderless account feature is disabled in MY. Is it possible to receive money from overseas by providing local bank details without a Transferwise account? (In other words, giving my local bank details to a foreigner with a Transferwise account) Can we still send money to overseas account ,e.g. using SEPA euro? This post has been edited by leo_kiatez: May 30 2021, 06:47 PM
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AnasM
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May 30 2021, 08:45 PM
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QUOTE(b0rhui @ May 26 2021, 05:42 PM) Now borderless account feature is disabled in MY. Is it possible to receive money from overseas by providing local bank details without a Transferwise account? (In other words, giving my local bank details to a foreigner with a Transferwise account) existing borderless acc user also suspeded?
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Tachikoma
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Jul 5 2021, 08:33 PM
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Any idea why the borderless accounts are suddenly suspended here?
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lawrencesha
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Jul 5 2021, 08:36 PM
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QUOTE(Ramjade @ May 1 2020, 12:22 PM) What do you mean malaysia to defend ringgit? Prevent RM to be transferred out of the country.
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Tachikoma
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Jul 5 2021, 08:39 PM
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What if I want to bring USD into the country and thus strengthen the ringgit  sien, hope this is only temporary. This post has been edited by Tachikoma: Jul 5 2021, 08:40 PM
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TSweisinx7
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Jul 5 2021, 08:51 PM
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Getting Started

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existing user shouldn't be affected, just new user couldn't have it anymore. I still can use it from time to time.
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jack2
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Jul 5 2021, 10:07 PM
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QUOTE(weisinx7 @ Jul 5 2021, 08:51 PM) existing user shouldn't be affected, just new user couldn't have it anymore. I still can use it from time to time. soon existing users will be closing down too. haha
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Ramjade
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Jul 5 2021, 10:19 PM
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QUOTE(jack2 @ Jul 5 2021, 10:07 PM) soon existing users will be closing down too. haha So far no problem for few years already.
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dwRK
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Jul 5 2021, 11:09 PM
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QUOTE(Tachikoma @ Jul 5 2021, 08:39 PM) What if I want to bring USD into the country and thus strengthen the ringgit  sien, hope this is only temporary. no problem... just cannot park in borderless account
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dwRK
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Jul 5 2021, 11:10 PM
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QUOTE(jack2 @ Jul 5 2021, 10:07 PM) soon existing users will be closing down too. haha still best choice for many
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TSweisinx7
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Jul 6 2021, 09:14 AM
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Getting Started

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QUOTE(jack2 @ Jul 5 2021, 10:07 PM) soon existing users will be closing down too. haha Where do you get this information? If this is just your speculation, better don't put it here to confuse the others.
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Ramjade
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Jul 6 2021, 09:48 AM
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QUOTE(weisinx7 @ Jul 6 2021, 09:14 AM) Where do you get this information? If this is just your speculation, better don't put it here to confuse the others. He's anti TransferWise cause they close his account without reason. Cause he use his account for crypto.
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TSweisinx7
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Jul 6 2021, 01:59 PM
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Getting Started

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QUOTE(Ramjade @ Jul 6 2021, 09:48 AM) He's anti TransferWise cause they close his account without reason. Cause he use his account for crypto. But is there any terms that mentioned the account cannot be used for crypto? I can see many are using it.
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jack2
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Jul 6 2021, 04:44 PM
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QUOTE(Ramjade @ Jul 6 2021, 09:48 AM) He's anti TransferWise cause they close his account without reason. Cause he use his account for crypto. Brother, dont simply claim I used for crypto ....You just used your own justification and the reason is unknown. Dont simply justify it. If you want to get the reason and challenge me, please contact Wise and get them to tell the reason. Otherwise, dont always state that reason I used crypti and they closed me. Otherwise, keep your mouth shut! This post has been edited by jack2: Jul 6 2021, 04:49 PM
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