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? or Telegraphic Transfer.I hope I dont want Western Union or MoneyGran their service sucks lot!

THanks!

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.

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? Is that mean "credit card to 3rd party account" ?

[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? Is that mean "credit card to 3rd party account" ?

[/quote]

No idea... "credit to account" probably means electronic transfer from your account to his.. but I'm not sure about that

Paypal is much more easier....
That is if the recipient can withdraw the money...

Easier but probably not safer

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!

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...

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.

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.

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!

What if tomorrow you can't access the website ?

LOL cool down friend

Not very sure, just go paypal website to check.


I believe paypal is more stronger than some of the local Malaysia bank

Are you sure ? all banks are insured for up to Rm60,000 so even if the bank fails you still get your money back

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

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.

if TT oso can claim wan?

But Paypal also can claiM?

It's Rm60,000 per account actually.

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 pmOf course

Claim from who ?


This post has been edited by wodenus: Nov 19 2007, 01:11 PM

but how do we track TT transactions?And how fast is it?

Thanks!

Wow so many questions... why not call up a bank and ask LOL ? you're going to have to go to the bank anyway right ?

trying to call them,but they not answered la...always bz,jap lagi pergi bank la..

just go to a bank and ask their staff..you'll get all the answers u need bro

Its almost the same...
The only not-so-safe about paypal is if the paypal seller report fraud, the paypal will be forfeited...
So just find a reliable seller..

I prefer to take into accountability for safest + less hassle..
So paypal is less hassle compared to TT, becoz u need to get alot of codes from the recipient bank (bank code, etc etc)

use TT la. dont bother using paypal, for transfer of money, troublesome. fine for payment of stuff but not to transfer of huge sum of money.

with TT, all you have to do it is go to bank, give the money, give the recipient account info and it is done. charge is not that high as well. around £12 for transfer above £1000 into UK for example. reliable as you will have receipt etc from the bank. and the recipient detail they need is just the name, account no, and bank sort code for UK though.

with paypal. you will have to buy paypal fund or open an account, then transfer etc. your brother might need to withdraw the money from the paypal fund upon receiving to his bank account etc, and some charges might apply as well for crediting paypal fund into the card/bank account.

and if you are to open a bank account, you will need to revalidate your address etc which might takes some days. not to mention of transfering that huge sum, you need to be a validated member etc. if you are to buy paypal fund from someone, i guess you need to split the amount because that is a huge sum of money, and are the sellers reliable, can they be trusted? of all that troublesome works, plus not so official procedures, might as well just go to bank and TT the money, let the bank staff do the work.

This post has been edited by youngkies: Nov 20 2007, 05:05 AM

btw,TT charge how much?maybank said for USD2000 they'll charge RM400? wtf:D

bro youngkies,pls help me on this,need to do this asap...thanks

Go read the maybank website..there got state

http://www.maybank2u.com.my/consumer/onlin...shtml#ftt_offer

This post has been edited by WaCKy-Angel: Nov 20 2007, 08:38 PM

but just call them they said got hidden charge,haiyaaa

bro,u ever send TT?How much the ycharge?

For who ever send TT by maybank to USA or anywhere,PM me how much their receiving Fees

This post has been edited by QD_buyer: Nov 21 2007, 09:11 AM

Hidden charge?

I did a TT to US b4 small amount though...no extra hidden cost just RM10

rm400 for that. weird!

i used to receive TT for £5000 and they charge me for £12 only.£12 for £2000 transfer too, from RHB.

---

Added on November 22, 2007, 4:12 pmused to be £6 if below £2000, but that w2as years ago. no hidden charge as well.

i think the hidden charge means, they deduct the charge when the recipient receive the money, or you can pay them upfront so they wont deduct the from the amount you have sent.

This post has been edited by youngkies: Nov 22 2007, 04:12 PM

paypal is the quickest and the savest way to transfer money. and they charge not so much. western union charge you the most and take 24 hours. banktransfer ist the slowest and pay nearly the same as western union. dont send cheque or cash.

Moneygram or Western Union ok ah?

COD to buy USD $2500-3000?
later seller got robbed

TT to USA from Maybank2u

RM10 - Charged by Maybank
USD15-USD20 - Charged by Intermediate Bank in USA

So total Charged is around RM10+(USD15-USD20)