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> Sending Money Overseas, Which is the cheapest and safest way?

youngkies
post Nov 20 2007, 05:00 AM

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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
youngkies
post Nov 22 2007, 04:09 PM

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QUOTE(QD_buyer @ Nov 20 2007, 07:36 PM)
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
*
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

 

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