Russia sanctions due to war?

A little bit of correction. SWIFT fees is cheap, only few USD cents per MT103 message as it is called (not called transaction). It is the intermediary bank fees that stacks up as it goes from sender to receiver. All the banks need to make money, right? Some illustration here

You see RENTAS is using SWIFT as backend also, but the local intermediary banks charge from RM5 onwards only, that's like USD1++ and the local banks is still profiting from each transfer. Imagine those overseas banks fees...

How slow is slow ?

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.

Anyone can PM me your MoneyMatch referral code ?

Just to share for today's rate, for each MYR10k to SGD, I saved SGD8.30 using Money Match during working hours as compared to Wise, as advised by members here.