I need to send a money to my bro at San Francisco around USD2500-3000 dollar.
So which is the easiest,safest and cheapest way to send?Paypal ok ah?
THanks!
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Sending Money Overseas, Which is the cheapest and safest way?
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Nov 19 2007, 09:01 AM, updated 19y ago
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#1
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Senior Member
2,047 posts Joined: Dec 2004 From: Kampong Pisang |
Hi!
I need to send a money to my bro at San Francisco around USD2500-3000 dollar. So which is the easiest,safest and cheapest way to send?Paypal ok ah? THanks! |
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Nov 19 2007, 09:09 AM
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#2
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All Stars
14,990 posts Joined: Jan 2003 |
QUOTE(QD_buyer @ Nov 19 2007, 09:01 AM) Hi! Telegraphic Transfer is safest. Also you can use a foreign currency account I think. Not sure how foreign currency accounts work (ask a bank, most banks will have foreign currency accounts) but I hear people use them to send money overseas cheaply.I need to send a money to my bro at San Francisco around USD2500-3000 dollar. So which is the easiest,safest and cheapest way to send?Paypal ok ah? THanks! |
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Nov 19 2007, 09:18 AM
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#3
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Senior Member
2,047 posts Joined: Dec 2004 From: Kampong Pisang |
Ok thanks!
[QUOTE] What is the transaction limit for foreign fund transfers via Maybank2u.com? The minimum and maximum transaction limit (per day) is: Minimum Maximum Credit to account RM250 RM10,000 Cash RM250 RM1,000 Btw,what is the mean credit to account? |
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Nov 19 2007, 09:24 AM
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#4
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All Stars
14,990 posts Joined: Jan 2003 |
[quote=QD_buyer,Nov 19 2007, 09:18 AM]
Ok thanks! [QUOTE] What is the transaction limit for foreign fund transfers via Maybank2u.com? The minimum and maximum transaction limit (per day) is: Minimum Maximum Credit to account RM250 RM10,000 Cash RM250 RM1,000 Btw,what is the mean credit to account? [/quote] No idea... "credit to account" probably means electronic transfer from your account to his.. but I'm not sure about that |
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Nov 19 2007, 09:26 AM
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#5
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All Stars
21,962 posts Joined: Dec 2004 From: KL |
Paypal is much more easier....
That is if the recipient can withdraw the money... |
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Nov 19 2007, 09:29 AM
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#6
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All Stars
14,990 posts Joined: Jan 2003 |
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Nov 19 2007, 09:31 AM
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#7
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2,047 posts Joined: Dec 2004 From: Kampong Pisang |
QUOTE(WaCKy-Angel @ Nov 19 2007, 09:26 AM) oooo.... but I dont have Paypal fund or credit card...btw,if anyone here can help me,I would buy ur Paypal around USD2500-300 at the rate of RM3.3/1USD.But method is COD at nearby CC.PM me! Thx! |
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Nov 19 2007, 09:39 AM
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#8
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All Stars
21,962 posts Joined: Dec 2004 From: KL |
QUOTE(wodenus @ Nov 19 2007, 09:29 AM) Why is it not safer?Its safe, less hassle and lower rates compared to TT...that is if u have paypal and able to withdraw lar... QUOTE(QD_buyer @ Nov 19 2007, 09:31 AM) oooo.... but I dont have Paypal fund or credit card... 1st ur recipient must have paypal account and local bank account so they can withdraw else its practically no way to withdraw unless he/she use the paypal to buy stuffs via online.btw,if anyone here can help me,I would buy ur Paypal around USD2500-300 at the rate of RM3.3/1USD.But method is COD at nearby CC.PM me! Thx! 2nd i dont have paypal but u can search at garage sale alot ppl selling, find the lowest rate i manage to find is 1:3.18 3rd hmm the amount is too big so u'll have to get from few ppl. |
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Nov 19 2007, 09:57 AM
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#9
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2,047 posts Joined: Dec 2004 From: Kampong Pisang |
owh ok... my bro do have paypal and us bank account,so it would be no problem for him rite?But do paypal account have limits on receiveing money?
THanks! |
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Nov 19 2007, 10:36 AM
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All Stars
14,990 posts Joined: Jan 2003 |
QUOTE(WaCKy-Angel @ Nov 19 2007, 09:39 AM) Why is it not safer? What if tomorrow you can't access the website ? |
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Nov 19 2007, 10:52 AM
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2,047 posts Joined: Dec 2004 From: Kampong Pisang |
LOL cool down friend
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Nov 19 2007, 11:59 AM
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All Stars
21,962 posts Joined: Dec 2004 From: KL |
QUOTE(QD_buyer @ Nov 19 2007, 09:57 AM) owh ok... my bro do have paypal and us bank account,so it would be no problem for him rite?But do paypal account have limits on receiveing money? Not very sure, just go paypal website to check.THanks! QUOTE(wodenus @ Nov 19 2007, 10:36 AM) I believe paypal is more stronger than some of the local Malaysia bank |
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Nov 19 2007, 12:51 PM
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All Stars
14,990 posts Joined: Jan 2003 |
QUOTE(WaCKy-Angel @ Nov 19 2007, 11:59 AM) Not very sure, just go paypal website to check. Are you sure ? all banks are insured for up to Rm60,000 I believe paypal is more stronger than some of the local Malaysia bank Check here for details : http://www.pidm.gov.my/ If Paypal fails tomorrow, will you get your money back ? This post has been edited by wodenus: Nov 19 2007, 12:53 PM |
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Nov 19 2007, 12:57 PM
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All Stars
21,962 posts Joined: Dec 2004 From: KL |
QUOTE(wodenus @ Nov 19 2007, 12:51 PM) Are you sure ? all banks are insured for up to Rm60,000 Check here for details : http://www.pidm.gov.my/ If Paypal fails tomorrow, will you get your money back ? I dont think the total amount of all the account holder is just worth RM60,000.... Lets just get back to the topic ok? Paypal is secure enough. |
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Nov 19 2007, 12:59 PM
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2,047 posts Joined: Dec 2004 From: Kampong Pisang |
if TT oso can claim wan?
But Paypal also can claiM? |
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Nov 19 2007, 01:10 PM
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All Stars
14,990 posts Joined: Jan 2003 |
QUOTE(WaCKy-Angel @ Nov 19 2007, 12:57 PM) I dont think the total amount of all the account holder is just worth RM60,000.... QUOTE(WaCKy-Angel @ Nov 19 2007, 12:57 PM) Lets just get back to the topic ok? Maybe.. but the question was, which is the safest ? and I think we can agree that the banks are the safest.Paypal is secure enough. Added on November 19, 2007, 1:11 pm QUOTE(QD_buyer @ Nov 19 2007, 12:59 PM) if TT oso can claim wan? Of course QUOTE(QD_buyer @ Nov 19 2007, 12:59 PM) But Paypal also can claiM? Claim from who ? This post has been edited by wodenus: Nov 19 2007, 01:11 PM |
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Nov 19 2007, 01:13 PM
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2,047 posts Joined: Dec 2004 From: Kampong Pisang |
QUOTE(wodenus @ Nov 19 2007, 01:10 PM) It's Rm60,000 per account actually. but how do we track TT transactions?And how fast is it? Maybe.. but the question was, which is the safest ? and I think we can agree that the banks are the safest. Added on November 19, 2007, 1:11 pm Of course Claim from who ? Thanks! |
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Nov 19 2007, 01:35 PM
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All Stars
14,990 posts Joined: Jan 2003 |
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Nov 19 2007, 01:47 PM
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2,047 posts Joined: Dec 2004 From: Kampong Pisang |
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Nov 19 2007, 02:24 PM
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1,192 posts Joined: Jan 2003 From: Bandar Utama |
just go to a bank and ask their staff..you'll get all the answers u need bro
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