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Wise (Transferwise) Malaysia Discussion, v1.0
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Ramjade
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May 1 2020, 12:22 PM
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QUOTE(David_Yang @ May 1 2020, 12:07 PM) Yes, cancelled with immediate effect. Malaysia prepare to defend the Ringgit, I don“t think this will help too much, but it is how it is. What do you mean malaysia to defend ringgit?
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Ramjade
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May 1 2020, 12:23 PM
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QUOTE(wct @ May 1 2020, 11:02 AM) Seriously? I have been sending aud back home. Last transaction in February. Immediate effect? My app still can send as of now.  Wait for official email. I did not received any email yet. Use alternative like instarem/bigpay to transfer money.
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Ramjade
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May 1 2020, 10:52 PM
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This is bad.  I need somewhere to hold my USD.
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Ramjade
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May 6 2020, 11:11 AM
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QUOTE(leo_kiatez @ May 6 2020, 10:53 AM) Does instarem/bigpay works the same as Transferwise? Nope. They cannot hold foreign currency or received foreign currency.
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Ramjade
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May 11 2020, 09:40 AM
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QUOTE(moosset @ May 11 2020, 09:09 AM) CIMB (SG) in USD is your next best bet? Nope. I got one more ace up my sleeve. Awaiting the fintech to reply me
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Ramjade
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May 11 2020, 02:20 PM
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QUOTE(weisinx7 @ May 11 2020, 09:50 AM) fintech? Mind to disclose more? Later. Going to test if it works first. Most important is if they will accept Malaysians as their customer.
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Ramjade
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Jul 16 2020, 10:34 AM
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QUOTE(jas029 @ Jul 16 2020, 10:17 AM) hi guys.. how do u actually use transferwise to send MYR to SGD? when I tried to perform such transaction, I can't seems to find the option to actually fund the MYR first before i can actually make the transfer? do u guys fund the MYR using ur bank account? credit card? Login to TransferWise. At the top left (your left) will have button send money. Click that. This post has been edited by Ramjade: Jul 16 2020, 10:34 AM
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Ramjade
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Jul 16 2020, 12:25 PM
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QUOTE(jas029 @ Jul 16 2020, 11:21 AM) upon that, was navigated to the page where they required ID verification.. apologise i havent verify yet.. but would like to know after that, what are the options to fund the transfer of MYR to SGD? is it through our m'sia bank? m'sian bank -> transferwise (exchange MYR into SGD) -> sg bank Go get verified then come back. Funding is via FPX
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Ramjade
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May 26 2021, 06:19 PM
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QUOTE(b0rhui @ May 26 2021, 05:42 PM) Now borderless account feature is disabled in MY. Is it possible to receive money from overseas by providing local bank details without a Transferwise account? (In other words, giving my local bank details to a foreigner with a Transferwise account) Yes if you give your Malaysian bank account they can send you money as they have license to received money. They are also licensed to send money out.
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Ramjade
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Jul 5 2021, 10:19 PM
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QUOTE(jack2 @ Jul 5 2021, 10:07 PM) soon existing users will be closing down too. haha So far no problem for few years already.
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Ramjade
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Jul 6 2021, 09:48 AM
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QUOTE(weisinx7 @ Jul 6 2021, 09:14 AM) Where do you get this information? If this is just your speculation, better don't put it here to confuse the others. He's anti TransferWise cause they close his account without reason. Cause he use his account for crypto.
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Ramjade
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Jul 6 2021, 07:10 PM
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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. 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! 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? This post has been edited by Ramjade: Jul 6 2021, 07:11 PM
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Ramjade
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Nov 11 2021, 01:09 PM
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QUOTE(tadashi987 @ Nov 11 2021, 11:47 AM) u will apply? what is the perk of it for malaysia use?  I am still holding to my borderless account. Good account or received cashback for my USD shopping and send it to sg for minimal cost to be reinvested.
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Ramjade
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Nov 14 2021, 07:33 AM
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QUOTE(TOS @ Nov 13 2021, 08:31 PM) Just to ask, if I go to SG for a research exchange next year and will stay there for around 3 months, can I open a Wise borderless account there using my hostel address, then switch over to MY address when I return to MY? Will the borderless account be closed after I switched my address? Also, the "debit card" costs 10 SGD, you guys pay for the same amount back in Malaysia when it was available? You don't even need sg address now. Apparently they brought back borderless for Malaysians already. I apply mine back then without any sg address. You have youtrip, revolut card. Go compare and see which one is the cheapest. No need die die use TransferWise. This post has been edited by Ramjade: Nov 14 2021, 07:35 AM
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Ramjade
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Nov 15 2021, 11:05 AM
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QUOTE(solstice818 @ Nov 15 2021, 10:37 AM) revolut open to Malaysian already? Not yet. But since he is going to sg, he will have access to revolut which I believe is better than TransferWise.
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Ramjade
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Dec 8 2021, 08:02 PM
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QUOTE(BL98 @ Dec 8 2021, 07:57 PM) big pay better or wise better? TransferWise of course. You cannot store foreign currency with bigpay. If you have no need to store foreign currency, bigpwy, transfereise and coming soon mymy works This post has been edited by Ramjade: Dec 8 2021, 08:03 PM
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Ramjade
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Dec 8 2021, 11:05 PM
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Just want to ask can fund the account using credit card?
I can't find anything which state annual fees.
This post has been edited by Ramjade: Dec 8 2021, 11:05 PM
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Ramjade
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Dec 10 2021, 04:13 PM
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QUOTE(Mr Gray @ Dec 10 2021, 03:37 PM) Already topup, both from credit card in SGD. And from MYR in personal account to SGD in business account. U mean send button? I just sent from business to personal account too. No issue. Below is screenshot of my business account.  How much to open a business account?
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Ramjade
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Dec 10 2021, 04:50 PM
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QUOTE(Mr Gray @ Dec 10 2021, 04:16 PM) I guess it's non refundable? What's the perks of business account?
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Ramjade
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Dec 10 2021, 07:45 PM
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QUOTE(Kadaj @ Dec 10 2021, 05:55 PM) No funding RM20k restriction and you can hold unlimited amount balance in wise. That's for free non business account. Not sure about business account.
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