How abt ard 20k sgd? Do u think that will trigger any alarm at bnm or malaysia side? Wise confirm will ask tonnes of ques too i suppose?

Wise has a bank account no? Because everytime i transfer, i use WISE app, then FPX from my bank. So can do other way round? I didn't know! What is WISE bank account and no?

Hmm....it says cannot receive from Outside Malaysia. What if I am in Japan and access my Maybank/Ambank/etc and transfer RM to my Wise account? Consider "Outside Malaysia"? Or still "Inside.Malaysia"?.

As long I can get RM into my WIse, I can continue convert them to Yen even if I am in Japan, right?

Hey everyone, I will be visiting Vietnam soon. Anyone has any experience whether we can withdraw Vietnam dong from atm in Vietnam using wise card? Thanks

As long as you use Malaysian credit card with zero FX markup like OCBC 365 or HLB I'm card then no FX charge from bank.

But wise will impose some admin charge. I recently topped up SGD200 with MY credit card, got charged SGD7.74. So about 3.87% admin charge by wise.

Has anyone used Wise to send funds to your friends/family overseas recently? I need to make a transfer (RM4k) to the Philippines, but looking at replies on Wise's recent tweets has me worried. People are complaining that their recepient isn't receiving the money, accusing Wise of theft, not responding to issues, etc. I see that Wise is one of the best rates, unless fellow forumers have other suggestions? I have also not used BigPay for remittance, any pros and cons?

Hi guys, between BigPay & Wise Card, which offers the better exchange rates for MYR to USD payments?

Specifically within the RM2k to RM9k range if that helps.

Does anyone have any experience/findings between the two?

Thanks!

Wise card is pretty straightforward as they have an estimator tool online to show you the real-time transparent rate & fees (https://wise.com/my/pricing/card-fees?targetAmount=910&sourceCcy=MYR&targetCcy=USD).

BigPay on the other hand has no such tool, so can only find out the final charged amount after the transaction has been done.

Wanted to see if anyone has reached a conclusion on which is the better option (MYR to USD rate-wise) after using them, any findings would be appreciated!! 

Who offer better rates? Bigpay or wise for overseas transaction?

Has anyone here transferred foreign currency, e.g., USD, from their Wise account directly to their foreign currency account with local banks in Malaysia, e.g., Maybank, CIMB, etc.?

seems like WISE changed their mind on the ATM withdrawal fees....RM5 + 1.75% to remain. 

I'm planning on getting a Wise card for online purchases since they have the Virtual Credit Card feature. Was wondering if there are any fees for topping up the card and also transferring the unused MYR back into your bank account?

Topping up the card is the same as if you're making any currency conversion via Wise. There will be fee and subject to Wise's conversion rate, but I can say at least it will be better than bank's TT. It may not be the best rate if compared to some other fintechs but it's just a lot of fluctuations daily, you'll just have to compare yourself daily or trade the minor loss in conversion for convenience.

Likewise, transferring out to bank account will also have fee and certain rates.

Topup RM no fees. Never tried transfer back to bank account though.

Transfer RM or foreign currency to bank in Malaysia? How much?

Try lah and update us. I am thinking to try withdraw SGD from ATM there during CNY when I am there.

If local bank not exceeding rm1k no fee after that 1.75% fee hence it is actually Visa fees being subsidised by Wise

But if other currencies not in wallet hence conversion fee kicks in

Is the charges prompted to you at the ATM or you just got a deduction in your Wise account without notification?

I have one question, is the MYR account can't receive wire transfer in foreign currency? I always transfer into USD then convert to MYR, then spend on Wise card or wire back to local bank if I need it, not sure is this the cheapest way of doing.

hi guys is there a way to withdraw large amount from wise to MY local bank account. My aunt from Germany wanted to send large amount of EUR to assist my grandfather health expenses. anyway to reduce charges?