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Once they clear the cheque and gotten the sgd, same day they will deposit the funds into your msian bank account.
Thanks for the info.
Once they clear the cheque and gotten the sgd, same day they will deposit the funds into your msian bank account.
This few days the rate keeps dropping... Is it becoz of new year?
Did anyone try to change today ? I saw on internet its down to RM 2.45.
I think will be that way till after CNY.
Sino Money Exchange TT 2.476
Raffles Money Change TT 2.481
Today Marina Square rate is 247 ....
Just saw acrade now is 247.30
I just changed at 246.2 at Sembawang Shopping Centre. Sighs.....
Read from the newspaper that MAS is allowing S$ to weaken against US$. Also, Malaysia has attracted a lot of of foreign investment and that will drive up the demand for RM. Taken together, I'm afraid the exchange rate for S$ to RM may get lower.
Let's see what happen after CNY.
Don't forget Malaysia is No. 2 in illegal capital flight. About RM200 billion gets out of the country.
Maybe there won't be big change in rates?
I was charged SGD10 at Dollar Exchange JP for remitting RM1K to a Malaysian.
Previously, I remitted RM10K and wasn't charge SGD10.
I totally forgot about the transaction charge.
Wow that is interesting....lot 1 exchange rate rm2.47 today at 1550hrs