Outline ·
[ Standard ] ·
Linear+
Wise (Transferwise) Malaysia Discussion, v1.0
|
DragonReine
|
 Oct 22 2022, 09:03 PM
|
|
QUOTE(intothefantasy @ Oct 19 2022, 11:11 AM) not sure about this wise thing but i find it bit annoying to go for currency exchange when traveling especially withdrawing and the rates are not so good, for instance i am going to japan at dec so my question is, what can i do with wise in this case? lets say i pump in 3k RM into wise, can i withdraw it in japan as yen cash? only if you have the physical Wise debit card, then you can withdraw from ATMs. Malaysia-issued Wise debit card rules on withdrawal:  There is additional info you need to check here: https://wise.com/help/articles/2935769/how-...o-withdraw-cash |
|
|
|
|
|
DragonReine
|
Oct 24 2022, 01:58 AM
|
|
|
QUOTE(Ramjade @ Oct 23 2022, 11:06 PM) How to know card issue in Malaysia? Mine was send from Singapore. On the mobile app, go to Manage > Account Limits > ATM Withdrawals > ATM fees, it'll show the specific limit unique to the issuing location as per Wise Terms of Use, as well as how much of your monthly limit has been utilised.  |
|
|
|
|
|
DragonReine
|
Nov 14 2022, 12:34 PM
|
|
|
Security issue or money laundering suspicion. Wise cannot deactivate casually even if exceed limit.
|
|
|
|
|
|
DragonReine
|
Nov 14 2022, 12:39 PM
|
|
|
QUOTE(CommodoreAmiga @ Nov 6 2022, 10:54 AM) Sorry, what is quasi-cash transaction? I want to use it to transfer USD and SGD to Brokers in US and Banks in SG. Refers to buying non-currency tokens that can be later converted to cash. some examples: Casino chips, cryptocurrency, money order, traveller's cheque, lottery tickets, betting tokens. Certain e-wallets are considered quasi-cash. Without specific details, what you want to do isn't considered quasi-cash, but currency conversion since you're sending to banking/finance entities, so you won't get charged as quasi-cash This post has been edited by DragonReine: Nov 14 2022, 12:43 PM |
|
|
|
|
|
DragonReine
|
Nov 14 2022, 02:39 PM
|
|
|
QUOTE(GSCboy @ Nov 14 2022, 01:05 PM) But they did quote about closing my account if i dont withdraw the excess.  This is considered security issue (excess funds) due to compliance requirements for non-business accounts based in Malaysia. It's been part of their Terms and Conditions of account usage for some time. [url=https://pictr.com/image/EazLb5]  [/url] This post has been edited by DragonReine: Nov 14 2022, 02:40 PM |
|
|
|
|
Quote
0.0836sec
0.31
7 queries
GZIP Disabled