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 Conversion rate from Maybank Online payment, 1 USD = MYR 4.3773!

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Nanti Sekejap
post Jun 11 2020, 01:52 PM

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Less than 3%. I would rate it fair.

This is 1 of the reason why ppl with import/export business open foreign currency account.
Nanti Sekejap
post Jun 11 2020, 02:01 PM

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QUOTE(kenloh7 @ Jun 11 2020, 01:54 PM)
bank rates are always 2 to 3% higher than XE rate. That's why people uses BigPay or those credit cards with good cashback/overseas spending TP to offset it.
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Would you mind to share which cc gives the best deal in terms of exchange rate?
Nanti Sekejap
post Jun 11 2020, 05:04 PM

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QUOTE(idoblu @ Jun 11 2020, 04:48 PM)
bigpay
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Thanks.

I just checked it up. So it allows cc deposit, and then also allows fund withdrawal to local bank with very low charges.

Does this means, it is another cc cash withdrawal loophole, just like what happened to the Boost/TNG recently?

Edit: And sorry for being massively off topic to this thread : P

This post has been edited by Nanti Sekejap: Jun 11 2020, 05:07 PM

 

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