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Wise (Transferwise) Malaysia Discussion, v1.0
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sonotme
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May 26 2024, 11:54 AM
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If i wanna convert to SGD from MYR, do i: 1. Add money into myr then convert to sgd 2. Or add sgd right away
I thought wise was more expensive compared to moneymatch, but apparently u can add money with wise and get away with no fees?
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sonotme
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May 26 2024, 12:15 PM
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QUOTE(Medufsaid @ May 26 2024, 11:58 AM) sonotme i don't understand what you are trying to say. one can deposit SGD from sg bank acct to Wise for free. and withdraw to sg bank acct for free however, if u are to convert MYR->SGD, wise will charge you 0.57%. this is more expensive than moneymatch 0.3% (during office hours. never ever convert MYR->SGD in moneymatch during weekends/off hours) Yeah i had the same thought and had a long discussion with my friend. Apparently u can go to wise sgd wallet, click add money. Then u choose which bank u want to transfer the RM from. See the picture, no fees. So they asked why i wanna deposit RM first and convert in the wise app to sgd (which has fees), whereelse i could get away with no fees by just "add" money. Sorry if its too length. Appreciate ur help.
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sonotme
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May 26 2024, 01:01 PM
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QUOTE(Medufsaid @ May 26 2024, 12:39 PM) sonotme the fee is there. There's two figure that's RM62.83 in fees. 0.6% Don't know why wise want to do kiddy level waterfish tricks Thanks..
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sonotme
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May 26 2024, 07:45 PM
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QUOTE(nelson969 @ May 26 2024, 06:49 PM) just now recently help my parent use wise card for their trip somewhere i also done at the atm enter pin and take out due to unable to click anything. i use their wise card and use paywave, it automatically denied, but the pin , is workable ? whats the issue ? Maybe need to key in pin for first time?
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