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 Wise (Transferwise) Malaysia Discussion, v1.0

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Fantasia
post Nov 1 2025, 01:10 AM

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QUOTE(Lozy @ Oct 31 2025, 11:21 PM)
my buyer only has Wise, he wants to send me RM600. i know there's a receiving fee, but how much is the withdrawal fee? also or do i need to register a Wise card to withdraw? or can i just withdraw straightaway on their app? or do i need to apply for their card?

i find it very strange that theres no e-KYC on this app though 🤔
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As far as I know, transaction with the same domestic currency is free between Wise account. You can transfer the money from Wise to your bank afterward which is free.
Update:ignore this post. I gave wrong info.

This post has been edited by Fantasia: Nov 1 2025, 07:53 AM
Fantasia
post Nov 1 2025, 07:51 AM

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QUOTE(Medufsaid @ Nov 1 2025, 06:31 AM)
Fantasia there's fees involved. so the loophole is to topup to your tng ewallet via debit card instead

user posted imagelooks like fees increased
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Omg, thanks for pointing out my mistake. Apparently I was not charged any fee when I send the remaining SGD in my account to my Singapore bank this April so I thought the same can be said for ringgit.

 

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