What is the best exchange rate from ringgit in Malaysian banks?
The exchange rate in Maybank is bad when compared to market rate.
This post has been edited by Arhat: Jul 9 2020, 09:17 PM
Transfer money to Thailand
|
|
Jul 9 2020, 09:17 PM, updated 6y ago
Show posts by this member only | IPv6 | Post
#1
|
![]() ![]() ![]()
Junior Member
367 posts Joined: Apr 2020 |
Has anyone transferred money to Thailand or overseas before?
What is the best exchange rate from ringgit in Malaysian banks? The exchange rate in Maybank is bad when compared to market rate. This post has been edited by Arhat: Jul 9 2020, 09:17 PM |
|
|
|
|
|
Jul 9 2020, 09:23 PM
Show posts by this member only | Post
#2
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,054 posts Joined: Jan 2003 |
Mostly by Western U because not a large amount to be concern bout xchange rate. Easier for recipient's end.
|
|
|
Jul 9 2020, 09:24 PM
Show posts by this member only | Post
#3
|
![]() ![]() ![]() ![]()
Junior Member
640 posts Joined: Jan 2019 |
Don't use Bank crappy rate , alot fintech can do transfer at cheap cost. TT with bank kena charge 10rm + 35usd + no so good FX rate.
|
|
|
Jul 9 2020, 09:38 PM
Show posts by this member only | IPv6 | Post
#4
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,848 posts Joined: Dec 2009 From: Ampang |
Use bigpay, their rate send rm10 thai will receive 72.72 baht
|
|
|
Jul 10 2020, 08:08 AM
Show posts by this member only | Post
#5
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,151 posts Joined: Jun 2013 From: Aboveground |
I use TransferWise
Maybe check over there? |
|
|
Jul 10 2020, 08:38 AM
Show posts by this member only | Post
#6
|
![]() ![]()
Junior Member
117 posts Joined: Nov 2018 |
|
|
|
|
|
|
Jul 10 2020, 10:07 AM
Show posts by this member only | IPv6 | Post
#7
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
7,847 posts Joined: Sep 2019 |
|
|
|
Jul 10 2020, 11:03 AM
Show posts by this member only | Post
#8
|
![]() ![]()
Junior Member
117 posts Joined: Nov 2018 |
QUOTE(hksgmy @ Jul 10 2020, 10:07 AM) Depend on the amount of money ,if less than 10k myr then use transferwise, if 10k to 100k myr then physically bring myr cash to exchange there If talking 1mil myr bring cashier cheque that kind of thing If 10mil myr then talk to your financial advisor leah235 liked this post
|
|
|
Jul 11 2020, 03:33 PM
Show posts by this member only | IPv6 | Post
#9
|
![]() ![]()
Junior Member
279 posts Joined: Mar 2018 |
|
|
|
Jul 11 2020, 03:36 PM
|
![]() ![]()
Junior Member
117 posts Joined: Nov 2018 |
QUOTE(SuperTuhan @ Jul 11 2020, 03:33 PM) direct la,. who still go pick up cash by hand, its not 1990 SuperTuhan and rtk74 liked this post
|
|
|
Jul 16 2020, 03:29 PM
Show posts by this member only | IPv6 | Post
#11
|
![]() ![]()
Junior Member
279 posts Joined: Mar 2018 |
QUOTE(rtk74 @ Jul 10 2020, 08:08 AM) QUOTE(Aud power @ Jul 10 2020, 08:38 AM) How long u fellas gotta wait to transfer?First time use transferwise, did mine on Monday 1.50pm from myr to thb Until now also haven't transfer yet, status is Sending and mention the process is longer then usual There's no helpline to be called? |
|
|
Jul 16 2020, 04:16 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,151 posts Joined: Jun 2013 From: Aboveground |
|
|
|
Jul 16 2020, 06:27 PM
Show posts by this member only | IPv6 | Post
#13
|
![]() ![]() ![]()
Junior Member
367 posts Joined: Apr 2020 |
QUOTE(SuperTuhan @ Jul 16 2020, 03:29 PM) How long u fellas gotta wait to transfer? What is the exchange rate that Transferwise gave you?First time use transferwise, did mine on Monday 1.50pm from myr to thb Until now also haven't transfer yet, status is Sending and mention the process is longer then usual There's no helpline to be called? The best rate is 1000 baht = 135 ringgit https://www.xe.com/currencycharts/?from=THB&to=MYR&view=1W |
|
|
|
|
|
Jul 16 2020, 06:54 PM
|
![]() ![]()
Junior Member
117 posts Joined: Nov 2018 |
QUOTE(SuperTuhan @ Jul 16 2020, 03:29 PM) How long u fellas gotta wait to transfer? Meresia always slow 6-12 business hour. Other country 1 hourFirst time use transferwise, did mine on Monday 1.50pm from myr to thb Until now also haven't transfer yet, status is Sending and mention the process is longer then usual There's no helpline to be called? |
|
|
Jul 16 2020, 09:57 PM
Show posts by this member only | IPv6 | Post
#15
|
![]() ![]()
Junior Member
165 posts Joined: Jul 2011 |
use western union or maybank visa direct.. almost instant and cheapest
im regular for years |
|
|
Jul 17 2020, 01:15 AM
Show posts by this member only | IPv6 | Post
#16
|
![]() ![]() ![]() ![]()
Senior Member
623 posts Joined: Jan 2003 From: PJ, Malaysia |
I only transferred a smallish amount hence I used BigPay. First time user will have transaction fee waiver and during the time I check it was cheaper than the other platforms such as Transferwise and Revolut. Do check out other alternatives for the best rates.
BigPay was very fast any money was received the next day which was surprising as I expected it to take a week. |
|
|
Jul 17 2020, 01:38 PM
|
![]() ![]()
Junior Member
279 posts Joined: Mar 2018 |
QUOTE(Arhat @ Jul 16 2020, 06:27 PM) What is the exchange rate that Transferwise gave you? 7.335The best rate is 1000 baht = 135 ringgit https://www.xe.com/currencycharts/?from=THB&to=MYR&view=1W 5th working day and there's still pending and status showing sending for 2 days already If end of the day still no result gonna cancel the transaction |
|
|
Jul 17 2020, 04:16 PM
Show posts by this member only | IPv6 | Post
#18
|
![]() ![]() ![]()
Junior Member
367 posts Joined: Apr 2020 |
QUOTE(SuperTuhan @ Jul 17 2020, 01:38 PM) 7.335 7.33 is low. For cash money, we can get 7.38 at Superrich.5th working day and there's still pending and status showing sending for 2 days already If end of the day still no result gonna cancel the transaction https://www.superrichthailand.com/#!/en/exchange |
|
|
Jul 17 2020, 10:08 PM
|
![]() ![]()
Junior Member
279 posts Joined: Mar 2018 |
QUOTE(Arhat @ Jul 17 2020, 04:16 PM) 7.33 is low. For cash money, we can get 7.38 at Superrich. Cancel the transaction already , 5th day and money not transferred. https://www.superrichthailand.com/#!/en/exchange Stupid transferwise wasted my time Now have to wait another 5 days to get back money. Support team takes forever to reply This post has been edited by SuperTuhan: Jul 17 2020, 10:08 PM |
|
|
Jul 18 2020, 07:15 PM
Show posts by this member only | IPv6 | Post
#20
|
![]() ![]() ![]()
Junior Member
367 posts Joined: Apr 2020 |
|
| Change to: | 0.0184sec
0.45
5 queries
GZIP Disabled
Time is now: 18th December 2025 - 01:54 AM |