Today 16 dec , remit rate is 2.498 at dollar exchange .
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Exchange Rates for RM
- Thread starter crystal_tiong
- Start date
Today 16 dec , remit rate is 2.498 at dollar exchange .
Hello, can someone please tell me how to & what to look out for when TT money to Malaysia ac (Developer's)? My apologies if this question has been asked and answered before. Perhaps, someone can put the link here ? Been scrolling thru the pages , I am afraid there wasn't any or I must have missed it . TT to Malaysia takes 3 - 4 working days ?? The sales team yet to give me the developer details.... the dateline is tomorrow !! Thanks in advance
em..u buy thing without getting receipt? :p Like tat also can..
where u buy the property from?
T/T via a bank will normally reflect on beneficiary's bank account the next day, provided the T/T has done before bank's cut off time.
If you transfer via money changer, you will either get the money the same day or next day.
Today, 17/12, remitted at 2.499 at jurong point Dollar Exchange.
Raffles Clifford has been at 2.5 for many days....
Better to check with your bank before T/T to Malaysia... It might take longer time which I may not know... In case different bank has different processing time as well as depending on info that provided...
I use the below service by TT a lump sum of $30,000 or more.
Their rate is not fantastic. Example; if you can get 2.50 from money changer; you probably get only 2.477 from WU Biz solutions.
I may sound dumb using them and losing some money on the spread. But the main reason I am using them is to avoid money laundry charges if amount are hugh.
Western Union Business Solutions
77 Robinson Road #35-01 Robinson 77 Singapore 068896.
Phone +65 6494 8289
Fax +65 6494 8295
Their minimum TT is SGD30,000 without limit on maximum. (no RM10,000 limit per day)
TT will take 2 days to credit.
You can issue them a cheque. (Monday issue cheque; Tuesday cleared; Thursday credited)
Please bring along a copy of S&P for their filing.
You only need to go there once personally. Second time onward you can credit their bank account.
I have TT several times using money changer to hong leong bank Msia. So far, the transactions were done in the following day. Just to share.
Hi Jade Apple, you're referring to ordinary money changer service (cash change), and not remittance service (money transfer service) into M'sia, right? Coz' if it's remittance/transfer service, i must say WOW - I also want that rate!
Hi Jetstream,
I went to money changer in Jurong Point, Dollar Exchange and remitted money to my Malaysia bank account . But since I am Singaporean , maximum amount allowed is rm 9990 and with S$10 commission .
For Malaysians, they can remit more that rm 10k and once is more than 10k, no commission charged .
Remittance rate is better than cash rate ...somehow.
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