QUOTE(weisinx7 @ Jul 6 2021, 01:59 PM)
But is there any terms that mentioned the account cannot be used for crypto? I can see many are using it.
Who are using it? I will report itWise (Transferwise) Malaysia Discussion, v1.0
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Jul 6 2021, 04:45 PM
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All Stars
15,192 posts Joined: Oct 2004 |
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Jul 6 2021, 07:10 PM
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All Stars
24,346 posts Joined: Feb 2011 |
QUOTE(jack2 @ Jul 6 2021, 04:44 PM) Brother, dont simply claim I used for crypto ....You just used your own justification and the reason is unknown. Dont simply justify it. I have used my account for normal things and until today never get banned. Almost 5 years+. No issue. You used yours for crypto right?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 Ramjade: Jul 6 2021, 07:11 PM |
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Jul 7 2021, 01:28 PM
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Senior Member
6,230 posts Joined: Jun 2006 |
in the West... personal account means a few transactions a month... if you got many many a day... it gets flagged... they will then ask you to open business account and close your personal account some banks even limit how many ATM withdrawals you can make that is FOC...then after they start charging fees... jonoave liked this post
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Jul 8 2021, 02:20 AM
Show posts by this member only | IPv6 | Post
#84
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Senior Member
1,594 posts Joined: Feb 2006 |
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Jul 18 2021, 01:19 PM
Show posts by this member only | IPv6 | Post
#85
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Junior Member
19 posts Joined: Sep 2014 |
Gonna park myself here for any updates. This issue is very annoying especially if you wanna do ACH transfers to US for normies like me without a US account.
I don't think they wanna "protect the ringgit" if so, they won't launch the MIDF Invest lmao. Looking back at this thread, Wise has closed the borderless accounts for new users for quite awhile, I'm doubting whether do they really pulled the plug on us. |
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Nov 1 2021, 03:50 PM
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Senior Member
761 posts Joined: Aug 2006 |
Hmm - anyone encountering this? transfers into Transferwise accounts nowadays almost always go through "Routine checks" which delays the transfer by a week or so
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Nov 1 2021, 03:55 PM
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213 posts Joined: Oct 2019 |
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Nov 1 2021, 03:57 PM
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213 posts Joined: Oct 2019 |
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Nov 1 2021, 03:57 PM
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761 posts Joined: Aug 2006 |
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Nov 1 2021, 04:02 PM
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761 posts Joined: Aug 2006 |
QUOTE(weisinx7 @ Nov 1 2021, 03:57 PM) oh snap - i do have a business account with them, but will still clarify this. I guess, this might be a factor in my delays. But damn - this is annoying - it went to my junk mail, Wise is pretty shite at communicating thisThis post has been edited by 000022: Nov 1 2021, 04:14 PM |
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Nov 1 2021, 04:25 PM
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213 posts Joined: Oct 2019 |
QUOTE(000022 @ Nov 1 2021, 04:02 PM) oh snap - i do have a business account with them, but will still clarify this. I guess, this might be a factor in my delays. But damn - this is annoying - it went to my junk mail, Wise is pretty shite at communicating this Yea, probably this is the reason why, please do let us know if this is affecting business account or not too, thanks. |
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Nov 1 2021, 04:29 PM
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761 posts Joined: Aug 2006 |
QUOTE(weisinx7 @ Nov 1 2021, 04:25 PM) Yea, probably this is the reason why, please do let us know if this is affecting business account or not too, thanks. ![]() Supposedly no - but will still clarify weisinx7 liked this post
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Nov 2 2021, 12:01 PM
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Senior Member
761 posts Joined: Aug 2006 |
weisinx7
So like the first email mentioned, if you're a business verified account, nothing would change (for now). QUOTE Thanks for getting in touch. This post has been edited by 000022: Nov 2 2021, 12:01 PMYes, the limit is only for personal account, for your business there isn't any change you can continue holding, sending and receiving money without any limitations. There are no restrictions for sending money from your business account. But for personal account. if you're sending money from your USD balance, you need to convert it to MYR first and then you can send money from your MYR balance to a MYR bank account. If you have any other questions, let us know — we're happy to help. |
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Nov 2 2021, 01:05 PM
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213 posts Joined: Oct 2019 |
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Nov 2 2021, 06:42 PM
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20 posts Joined: Sep 2010 |
want to ask u guys, if open a wise business account in malaysia for SDN bhd, does it come with the borderless account feature to receive USD?
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Nov 4 2021, 05:27 PM
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All Stars
17,499 posts Joined: Feb 2006 From: KL |
btw, is it possible to fund for example the USD borderless account via wise itself using the banking details provided?
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Nov 11 2021, 11:14 AM
Show posts by this member only | IPv6 | Post
#97
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Newbie
15 posts Joined: Jan 2015 From: Malaysia |
Finally, Wise Borderless is back ![]() Rama522 liked this post
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Nov 11 2021, 11:47 AM
Show posts by this member only | IPv6 | Post
#98
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2,106 posts Joined: Jul 2018 |
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Nov 11 2021, 12:35 PM
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6,230 posts Joined: Jun 2006 |
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Nov 11 2021, 12:42 PM
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Senior Member
6,230 posts Joined: Jun 2006 |
QUOTE(tadashi987 @ Nov 11 2021, 11:47 AM) park money offshore mah... but limit to only RM20k... money in and out need to pay fee... useless for me... never active last time the MC account... probably won't activate now This post has been edited by dwRK: Nov 11 2021, 12:44 PM |
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