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 Wise (Transferwise) Malaysia Discussion, v1.0

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KingArthurVI
post Mar 15 2023, 03:16 PM

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Any downsides of linking IBKR with Wise and doing direct transfer WITHOUT going through my SG CIMB? Just read that it's now supported, and wondering if I can bypass CIMB SG now completely, thanks.
KingArthurVI
post Mar 7 2024, 12:57 PM

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Hey guys I'm trying to fund my IBKR account using Wise but it looks like the limit is only RM30,000 a day. What's the fastest way to move six digits into IBKR with minimal fees?
KingArthurVI
post Mar 13 2024, 06:05 PM

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QUOTE(guy3288 @ Mar 12 2024, 01:46 PM)
hello  frens in Wise..

Any one knows  how to transfer Foreign Currency  eg EURO, AUD from Wise account directly into my local CIMB bank FCA?

without converting to MYR at all...

thanks,

CIMB  guy told me must convert  to MYR first...
if  convert to MYR first and then transfer back i know  how to do.

Just want to know if there is a way to save exchange fees...transfer  EURO from Wise direct to EUro in PCA cimb.

....
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I'm also trying to figure out if it's even possible to transfer from Wise to CIMB FCA... specifically for AUD.

Looking at Wise's UI, they require account holder name, BSB number, and account number. I don't think CIMB FCA has BSB number so maybe it's not possible to do so.
KingArthurVI
post Mar 26 2024, 07:40 PM

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Anyone received a "forbidden" error when attempting to add money to their Wise account recently? Not sure why but I'm not able to add money since 5pm. I tried using FPX -> CIMB Bank.
KingArthurVI
post Mar 27 2024, 03:21 PM

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QUOTE(roarus @ Mar 27 2024, 10:31 AM)
My latest attempt was Mon (25 Mar) @ around 11:40PM. FPX via Maybank to add MYR no issue.
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Might have been an FPX issue. It's working now, thanks.
KingArthurVI
post May 2 2024, 03:32 PM

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I echo some recent sentiments around Wise's service deterioration of late. Been doing Wise to IBKR for the past few months but lately (esp. this last week) my FPX transfers have been really slow getting into my Wise MYR balance.
KingArthurVI
post May 3 2024, 05:39 PM

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QUOTE(cute_boboi @ May 3 2024, 11:03 AM)
How slow is slow ?  hmm.gif

Recent weeks I have been transferring multiple times via Bank Transfer and FPX to both foreign banks and direct-to-brokers.

Foreign banks are reflected almost immediate within seconds/minutes.

Direct-to-broker will take longer like half a day or few hours. So I believe the slow is broker side clearing.
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FPX to Wise balance is usually instant, but lately it takes roughly 15-20 minutes which is a bit annoying

 

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