Exchange Rates for RM

[PuteriWorld]

change was 100k @ RM 2.58 over the DBS bank to transfer to Malaysia bank.. the rate is not so bad... we don't really have a choice when u cant bank in more than rm10k a day for your house. imagine going to the bank 30 times a month just to bank in your downpayment

 

[Narmi]

Bro Narmi, I just checked Raffles in JP; cash rate is 2.583 and TT rate is 2.593. That's pretty bad since the XE.com rate has maintained above 2.62.

Wah maybe we shd enter the $ changer bizlah like this. I dont see any losses in this biz only profit wic is either a lot or so much hahah. Dont need a big space to rent and Best of all sure have customers come to change $.

 

[myrsing]

Done last night.

Tks Ironman, snowbird, eric.

 

[Narmi]

change was 100k @ RM 2.58 over the DBS bank to transfer to Malaysia bank.. the rate is not so bad... we don't really have a choice when u cant bank in more than rm10k a day for your house. imagine going to the bank 30 times a month just to bank in your downpayment

Actually bro if u bank in using cash deposit machine you can bank in more. That ruling is to prevent $ laundering. Just show them your spa if inquired bank write in. U see the machine cannot reject ur $ unlike over the counter teller

 

[Manhattan]

I am Using the sg bank to TT to msia bank, but I can only TT in sing dollar. I used the TT exchange rate of the msia bank to transfer the equivalent amount in sg dollar. Is this the right way?

 

[DCputeri]

Have no problem with my bank. Can deposit more than rm10000 over counter.

Actually bro if u bank in using cash deposit machine you can bank in more. That ruling is to prevent $ laundering. Just show them your spa if inquired bank write in. U see the machine cannot reject ur $ unlike over the counter teller

 

[gooddebt]

Have no problem with my bank. Can deposit more than rm10000 over counter.

are u a M'sian ? If not which bank u using ?

 

[myrsing]

Cimb int banking 2.5962 :(

 

[IRONMAN123]

Currently CIMB having promo. Transfer via CIMB SG online platform to CIMB Malaysia and receive SGD$15 cash back.

 

[PuteriWorld]

Actually bro if u bank in using cash deposit machine you can bank in more. That ruling is to prevent $ laundering. Just show them your spa if inquired bank write in. U see the machine cannot reject ur $ unlike over the counter teller

I tried that long time ago ... banked in RM 20+k daily over a few days.. and the bank called me say I cannot do that as its against their national bank ruling. Asked me to TT if not keep to RM 10k per day

 

[IRONMAN123]

Maybank:2.5940 no service charge
CIMB:2.5972 no service charge plus SGD15 cash back.
2.60 approaching...

 

[Manhattan]

I would like to open a msia bank account. May I know if there is a branch at jb sentral?

 

[bakkuttay]

Three banks at City Square available.

 

[Narmi]

I tried that long time ago ... banked in RM 20+k daily over a few days.. and the bank called me say I cannot do that as its against their national bank ruling. Asked me to TT if not keep to RM 10k per day

Sure bro but main thing did they return you the $ u deposited? No right? They have to do their partlah in informing lest they are accused of being accomplice.

 

[IRONMAN123]

CIMB SG once reach 88888 customers will conduct a lucky draw. Prize ? 1 mil sing dollar. Good luck!

 

[eric3417]

CIMB SG once reach 88888 customers will conduct a lucky draw. Prize ? 1 mil sing dollar. Good luck!

Yah. But is super LONG shot. Thou better than none.
Believed thr's a min amount to be maintained in ac thou.
Should be min 20k upwards at all times till Draw.

 

[Legolad]

Maybank:2.5940 no service charge
CIMB:2.5972 no service charge plus SGD15 cash back.
2.60 approaching...

Bedok Central money changers 2.584 today. Seems like better to TT & withdraw from Msia ATM as and when needed. Safer too. So, it pays to shop around. Previously, money changer rates were better than TT rates.
Just to share.

 

[myrsing]

Bedok Central money changers 2.584 today. Seems like better to TT & withdraw from Msia ATM as and when needed. Safer too. So, it pays to shop around. Previously, money changer rates were better than TT rates.
Just to share.

Most of the time money changer rates better than cimb internet banking rate. But this time round is the opposite.

 

[wolverine23]

Most of the time money changer rates better than cimb internet banking rate. But this time round is the opposite.

Money change get greedier...

 

[ginfreely]

CIMB rate 2.6033