Hi, i might get a job posted in Qatar, and since qatari riyal is pegged to USD, to transfer qar outside to USD account seems like is the best way to go as the exchange rate of qar to usd is fixed and probably like 1 cent diff. May i know in Malaysia, is there any bank with multi currency account offer to be able to receive USD?

Wanna ask those who experienced working abroad in middle east what is the best way to transfer money back to malaysia.

I saw hsbc premier and advance account can do seamless instant transfer with no fees but to maintain the account is difficult.

This post has been edited by ben3003: Apr 17 2025, 09:36 AM

qatar do have HSBC, but need premier and advance account only can get everyday global account for free transfer. Probably have to work for few months baru can.

Need to pay loan etc in Malaysia side so have to transfer some money back lol.

thanks for the sharing. i saw somebody shared for maybank one, more like for u to use ur myr in foreign country. receive maybe diff story. gonna go check out at hsbc. now just do some research for heads up

great, thanks for the info. the rate direct qar to myr is quite bad from what i can see from those qatar bank forex rate. seems like the best way is to send out via USD.

the thing is i need the fund to be in myr for local bank transfer (loan repayment, family management) so i think wise susah sikit, convert from USD to myr got charges also. maybe the rate is quite good so need to some calculation la.

i tried wise duitnow transfer got like rm2.34 fee. but tng got maximum annual limit etc. i would probably go for maybank global account route, less hassle.

Qatar is pegged with USD hence the conversion rate to USD is a fixed rate. but since is outside USA so i believe the transfer in charges applies. but i use the conversion to calculate more or less same like maybank global acc currency converter la. maybe by rm20-30 diff. if 1 go transfer big amount no much different.

the rhb conversion rate is Multi Currency Account/-i Debit Card Special Counter Rate* this one?

thanks bro, this is better compare maybank cos extra usd4 saving. conversion rate wise similar also. will keep this in mind.

This post has been edited by ben3003: Apr 17 2025, 12:40 PM

yeah finger crossed everything goes well then go over and see how is it. i dont think they can do myr over there. only QAR if not mistaken. cos when i ask for expectation is in USD but they offer is in QAR.

i believe need to see the bank tariff, normally will charge both side for TT. but since then RHB MCA/debit card account mentioned no fees transferring in, so most likely only charge USA side, not unless their bank also offer free TT.

I think if u send usd to usd account, there shouldnt be any forex involved.

Premier eliglibilty very high lol. But my friend got it last time dunno is promo or not, only need monthly got 10k in out acc then ok already.