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 Wise (Transferwise) Malaysia Discussion, v1.0

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lctw87
post Sep 20 2023, 11:13 AM

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wanna know too if can now topup wise with CC?

If can, meaning we get free cash in advance from CC to wise?


lctw87
post Oct 30 2024, 12:22 PM

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Hi All..

I have a situation. I am heading to NZ soon and I need to transfer my funds from MOOMOO SG (in USD) to WISE (NZD).

What would be the path for cheapest transaction cost and exchange?

I am thinking of MOOMOO SG (USD) change to SGD, then to WISE (SGD) and change to NZD once in WISE?

Any better way? Thanks







lctw87
post Oct 30 2024, 02:46 PM

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QUOTE(Medufsaid @ Oct 30 2024, 01:47 PM)
lctw87 wise can only directly deposit into moomoo. You cannot directly withdraw from Moomoo to Wise.

Do you have a local sg bank acct?

you can also try to withdraw your USD (in moomoo SG)

  • to a NZ bank acct (i don't know what fees are involved)
  • to a sg DBS multi-currency acct (i don't know if you're able to open this)
  • to the partner bank that's tied to your Wise USD balance acct (I think wise will deduct a fee), and then convert from USD to NZD
    user posted image

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Yup..I am Malaysian but I do have CIMB SG acct.

Does it mean

1. Moomoo SG (USD) convert to SGD in Moomoo SG itself
2. From Moomoo SG (SGD) transfer to CIMB SG (SGD)
3. From CIMB SG (SGD) to WISE (SGD)
4. Lastly WISE (SGD) to WISE (NZD).

Am i rite?

Is this the best pathway that I can do?


lctw87
post Oct 30 2024, 03:53 PM

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QUOTE(Medufsaid @ Oct 30 2024, 03:51 PM)
ok i just asked Moomoo SG. they don't allow withdraw to USA banks. so CIMB sg is your only option
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Thank you fren!

 

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