all sifu, should i keep some SGD or USD now?

If you regular user then very fast. If nre customer I think need to wait for them to get all documents form you. They ask payslip and bank statements.
Few hours. Like 2-3  No cut off time unless after 5pm.

all their notification emails say the same thing. "1-2 business days". realistically if u just sent, you'll receive it before 4pm

yea. and anyway, never use moneymatch during off-office hours.

my schedules are simple. send to SGD at 9am, lunch hour login to send to IBKR. ready to trade by evening

just send as much as u can (within max daily limit of RM30k). unless you really don't want them to ask for documents

They will ask every now and then Unlike Sunway money that ask once only.

if already kena, just send RM30k in 1 go. also trigger could be based on accumulated amount. you send $10 x 400 times also no point
(i was only asked for documents once by them)

Ive been doing the reverse, converting some excess USD to MYR. Yesterday sold at 4.761.

Supork BNM n Madanon 😆

Hope not regret  😅

Haha. Already send. Let me try, every day send a bit, see got kena or not. Lol.

Just give them. They won't kacau you already after getting those documents. At least for few months.

Lol you trust those minister/analyst? Malaysia no money to defend ringgit. They have been spinning story that ringgit is undervalue for don't know how many donkey years already.

You can see yourself. Malaysia no money or else won't be taxed here there, scrap subsidies. Got money just change. Any strength in ringgit is good for us moving the ringgit out. I just send my transfer. Let's see if can still received today. Lol.

Some people sacred to put money overseas.

Haha me too doing this. Been converting all my dividends from sgd to myr. Spend here cheap nice and good while it last. Minister said undervalued.
https://themalaysianreserve.com/2024/02/29/...nance-minister/

Not sure can trust or not. It’s a politician after all.

so ummm sifu sifu sekalian, whats the best way to transfer money to SGD account? I've been using sunway money previously but they increase their fees already. is there a better option out there?

this tikam is only for next week... no meaning.

this one below better file it, see happens by year end:

Finance minister: Ringgit expected to continue strengthening; trading at RM4.50 vs USD year-end
https://www.malaymail.com/news/malaysia/202...year-end/120640

i think a lot will depend on budget 2025 later in the year... see what deficit, how much more debt to take.

japan, germany, uk in technical recession + china, usa slowing down... 2024 will be tough for our exports, trade balance, FX...

Curious.normally how much ringgit amount do you convert each time via money match and sunway or wise?

why so? i've used moneymatch about er... more than 5 times already. no issues only required to give supporting documents on the first attempt.

p/s: i told them an estimate of the grand total that I'll eventually be transferring. they didn't bother me after that