Hi All,

I have been using WISE a while to send money overseas. Rates pretty good. But I haven't used it to receive money. I have read FAQ and it says no charges but as always i don't really trust that.

Wondering any forummers here have personal experience receiving money on other currency? Do you get exact amount without any charge? What about convert that money to MYR and the withdraw the money out. Seems like many process and I'm not sure if it's entirely free.

1) Receive overseas funds - Free?
There are no fees to receive payments using your account details, with the exception of receiving US dollars domestic or SWIFT wires that cost $4.14 per transaction.

2) Convert to MYR - Not sure?
Can't find info

3) Withdraw MYR to cash - Free?
If your card was issued in Malaysia: You can take out money for free twice a month — as long as the total amount is under 1,000 MYR. But after that, we’ll charge you 5 MYR per transaction. This is a fixed fee. If you take out over 1,000 MYR in one month, we’ll charge you 1.75% on top of that.

Hope someone with experience can share. Thanks!

This post has been edited by GymBoi: Jul 12 2022, 03:44 PM

Hi TS, post in existing post here https://forum.lowyat.net/topic/4953197