May 12 2025, 10:29 PM
QUOTE(Medufsaid @ May 12 2025, 06:59 PM)
ben3003 when I go RHB branch to ask, they say Malaysian govt disallowed local USD multi currency to local USD multi currency acct
I wanted to send USD to hata labuan from RHB mcaIn fact same thing for USD wise also. You cannot send wise USD from Malaysian user A to user B wise USD
RHB MCA : It's possible to receive foreign currencies (USD inclusive) from a local MCA into RHB MCA, provided the sender & receipient names are the same. It is a TT transaction which may incur sending bank and/or 3rd pary correspondent bank charges. Apparently, RHB MCA foregin currency outgoing transfer to a local MCA is not allowed. I wanted to send USD to hata labuan from RHB mcaIn fact same thing for USD wise also. You cannot send wise USD from Malaysian user A to user B wise USD
Wise MY : It's possible to transfer foreign currencies (eg. USD) to a Malaysia MCA, provided MYR is involved, ie. you "convert & send" Wise MYR --> USD into local MCA. The fee is high !
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