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Wise (Transferwise) Malaysia Discussion, v1.0
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gooroojee
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 Mar 14 2024, 12:33 AM
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QUOTE(MystiqueLife @ Mar 13 2024, 07:19 PM) If you have FCA account with bank, transferring FCA from another source will not convert into MYR as long the FCA source and FCA destination is in same currency and supported currency. This is my experience with HSBC. HSBC only charge flat rate as well. USD 4 equivalent regardless of amount transferred. Maybank FCA also works the same. CIMB I am not sure. Transfer out again in USD .. how much would it cost? Withdraw out in MYR... what's the rate and how much are the fees? |
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gooroojee
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Oct 21 2024, 08:12 AM
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you can deposit more in and out, as Wise doesn't control how much can come in, yet... but once it's in you got 2 days to clear it out before they suspend your account due to excess deposits.
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gooroojee
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Oct 21 2024, 08:19 AM
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QUOTE(LostAndFound @ Oct 21 2024, 08:17 AM) So I can send 20k + 10k no issue? How to deposit more in? 'Add money' limits to 20k. bank transfer... |
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gooroojee
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Oct 21 2024, 10:19 AM
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QUOTE(Medufsaid @ Oct 21 2024, 08:37 AM) but do note that bank transfer + currency conversion is typically more expensive than conversion from wise balance you're paying more for the convenience for me i transferred ACH from US Bank to Wise US account, then after that fees were about USD$28 for transferring RM30k from Wise US to local Msia bank account. |
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