We can withdraw money what using CC or debit card in foreign Atm

Kesian ts.

then u use atm je lah. no one stopping u

Katak

Noted.

stupid rates bank going to charge you

Why use cash?

Take Thailand for example.
Ur bank charge RM10-12 per tranx.
Thai side charge THB200-220 per tranx.

dupe datang dengan tered beliau

that's why parents taught us need to study further a bit

pondan

TS maybe T20, money is not an issue

That depends on bank right. And one time i used cc to withdraw, my charges was around rm50.

But if you withdraw a huge sum, like myr5k and above, rm10 fees is neglible to me.

ATM tabule cuci duit

Real question: Why money changer has better rates than bank?

bank want higher profit margin?

Why change money when everywhere in Singapore accept TouchnGo?

Bodo spotted topkek

You never go overseas right.

Banks will lowball u first.

Money changer rates are so much better and higher than any bank.

yalo yalo

facepalm everytime i pass midvalley currency exchange stalls and see the long q.

Inb4 sexysarah aka kevin cum in & say if you’re richfag you don’t care about exchange rates & charges.

The real reason!

change in bulk and got big boss at the back can keluarpattern

shhhhh

Because money changer wants your business more than bank.

money changer - you already know the rate when you change
bank withdrawal - really depend on that day bank's rate, you will never know until after the transaction + charges that might be charged

A lot of malaysians are actually cash rich. Cash coming from undisclosed source.

In most countries, credit card is widely accepted and is a safe method to spend money with minimal charge (not a lot of difference as compared to money changer), however people still prefer to bring cash is actually questionable.

The only reason i can think of is money laundering.

TS, you can also withdraw money from your credit card called cash advance
why you never go do so?

got the feature does not mean you need to do it, ok?

Because banks have huge operational costs. They need higher profit margin.

The charge and fees for ATM withdrawal at oversea is harga yahudi, thats why.

Higher operational costs, stricter regulatory compliance/audits, etc.

Got wise, got big pay

If money changer not subjected to tight regulation and audit, it looks like a good place to keluarpattern and do illegal shit.

I have seen many money changers that operate for a few months and close shop. Dunno why.

This post has been edited by Skylinestar: May 3 2023, 09:46 AM

Money changers are mostly ran by triads and also the place for money laundering. Its an open secret.

kecian bodo

Don't kecam la.
Who stay in oversea for 1 year and not use atm?

This post has been edited by Skylinestar: May 3 2023, 09:59 AM

Cash is for backup and is much safer in case.

Electronic transfer is not reliable. And you're in a foreign country.

You want to give free money to banks? Yes? Continue using ATM/cc/debit card.

Haiya, nape la bodo sangat.

that's because you didnt think harder.
Malaysia still got many who are still not adapting to digitalization.
see how many still paying tnb or water bill at pos office?
see how many kampung ppl dont even even own a pc or even bank account?

haha, withdraw money from CC...you try try see the interest rate is berapa daily.

btw, use Wise card la....better

no one say cannot use ATM, but saying its better than money charger is bodo beyond /k level.

unker tak le accept.

I beg to differ. Yes cash for backup. But CC payment is more reliable. Flaunting cash in foreign country is as dangerous as it gets.

But depends on destination also.

If u used CC, u're subjected to cash advance fee + interest.

Not just a simple one-off RM10-12 for debit/atm card.

Very true.

Yesterday while at Mr DIY, their eWallet system crashed and unable to pay by any eWallet. Many just left the items and came back with cash.

Myself only pay cash so no biggie.

There u have it. CC or DC any time more reliable. As for eWallet? Hhmm, only time will tell.

haizzz......

5% charge for advance ANY CASH.

+ lousy rate maybe

this WoW me...

CC/DC is also electronic transfer. Please keep in mind.

using Touch N Go as a benchmark for eWallet Tech also a big no no.
just like using Perodua Car as a benchmark....

Touch n GO, if not, the world worst eWallet/prepard card Company on this planet.

GrabPay, MaE, Shopee Pay all perform much better (stable)

CC or DC under the bank network is certainly more reliable than any start-up wannabe payment processing companies.

bullshit
there is no such thing as "bank network"



all depend on Local telco.


if you say Server Capacity, there might be different.

network??

all the shop using local network for CC/DC visa master transaction.

if go for trip..usually u pre-book everything already

so ..your cash mostly will just for daily expenses

you try then you know

TS never been to overseas？

My rule of thumb when traveling.

Cash for eating and transport. Or buy groceries from the small stall.

CC for hotel, shopping, and big sum payment.

Always have a US$ cash for backup. And 2pcs CC.

I went to Europe with only cash 100 euro.
Comes back with 100 euro.

yup.. i still remember getting charged rm50 per transaction while i was so damn high in koh phangan and i made a few transaction that night and woke up crying sober the next few days.

This post has been edited by iandope: May 3 2023, 11:26 AM

That was my mistake. Went to rural part of germany. Had to take taxi. No cc payment. Need to stop by atm and withdraw.

Try that in US.

one thing many dont consider
you need physical cash to show to customs you are able to survive in their country (if checked)
if you show them credit card or atm card, it is not accepted. they can just deport you on suspesion that you plan to overstay there.

TS noob..either B40 or dekat M40.
Later going to say use cc to draw cash.

Definitely not UK. France too sometimes.


This post has been edited by pgsiemkia: May 3 2023, 12:16 PM