Wise (Transferwise) Malaysia Discussion, v1.0
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 May 7 2022, 01:24 PM
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#1
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Senior Member
3,019 posts Joined: Oct 2005  
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QUOTE(silverwave @ May 7 2022, 12:34 PM) Hi, i have the Wise card and it's not being used. Is there any benefit of using it locally? family members is okay.Secondly, i read that we can't send/receive money to any other banks accounts besides our own name, is this correct?  silverwave liked this post
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Aug 7 2024, 06:12 PM
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#2
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Senior Member
3,019 posts Joined: Oct 2005
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uh, i think WISE becomes very greedy.
I noticed there is a fee to Transfer MYR to a Local Malayian Bank it used to be free. |
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Aug 8 2024, 11:54 AM
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#3
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Senior Member
3,019 posts Joined: Oct 2005
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QUOTE(Medufsaid @ Aug 8 2024, 09:14 AM) when was this? as recently as June 2023, Wise already impose transfer fee. so QUOTE(Garysydney @ Aug 8 2024, 09:50 AM) Actually they already started charging quite a while ago. i can confirm for now, transfering SGD to SG Bank Account got no charge. I did it yesterday.Last year in Jan when i started using Wise to transfer funds, i tested sending a small amount back to my Australian account (original funds were deposited from my Aussie acct in Aussie dollars) and they already charged a fee then so it not something new. The reason why I am shocked because "IT DOEST MAKE SENSE". SGD to SG Bank = NO CHARGE MYR to MY Bank = FEE We all know Instant Transfer and DuitNow Transfer between Local Malaysian Banks are free. Why WISE is charging us a fee? |
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Aug 17 2024, 07:45 PM
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#4
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Senior Member
3,019 posts Joined: Oct 2005
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QUOTE(Zelmel @ Aug 17 2024, 06:56 PM) I wonder if I have some physical cash like SGD, HKD can I transfer into my wise account through certain bank at Malaysia? And it remain as SGd and HKD inside wise. I don’t want to bring to money changer. !@#$%^ is right.Then when I visit those country again I use wise to withdraw or pay at that country money. you cant. This is to prevent money laundering |
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Oct 18 2025, 01:23 PM
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#5
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Senior Member
3,019 posts Joined: Oct 2005
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QUOTE(GalaxyV @ Oct 18 2025, 07:48 AM) I didn't know TnG wallet has remittance service and the rate is cheaper than WISE QUOTE(Medufsaid @ Oct 18 2025, 11:12 AM) yes... tell us which currency u are referring to TNG Remittance do have potential. Reason is you can topup TNG using Credit card  Here is my enquiry: 1. Can you remit using topup from credit card? 2. How instant is the transfer? WISE is INSTANT This post has been edited by john123x: Oct 18 2025, 01:23 PM |
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