Exchange Rates for RM

[Newbie11]

That's a good tip. Who has flexi loans? Does it work in a DIBS
Scheme?

 

[Walker]

That's a good tip. Who has flexi loans? Does it work in a DIBS
Scheme?

DIBS depends on which bank the developer ties up with.
So far I know Hong Leong and Public Bank have these Fully Flexi loans.
There should be others...

The Loan will be tied to a current account which c/w a cheque book and even atm.
So your spare funds are parked into the current account. Every dollar you have in there will be minus off the interest calculation on a daily rest.
You can still spend your money anytime.
What some people do is that they even credit their monthly pay into the account. (If you are working in MY)
They spend their money as usual but it still offsets their interest payable.

Other type of loans with redraw features are not as flexible but still a viable alternative to FD.

 

[RedsYNWA]

Seems that exchange rates are now back to normal. The link shows Raffles ex rates back to a more acceptable range.

http://www.raffles1.net/currency.asp

 

[FHBH12]

Seems that exchange rates are now back to normal. The link shows Raffles ex rates back to a more acceptable range.

http://www.raffles1.net/currency.asp

This is good news. I will TT a 20% deposit to the developer on this coming Monday.

 

[RedsYNWA]

This is good news. I will TT a 20% deposit to the developer on this coming Monday.

Would suggest to TT either on Wed or Thurs if you can, bro..... Usually the better rates are on Wed/Thurs....

 

[FHBH12]

Would suggest to TT either on Wed or Thurs if you can, bro..... Usually the better rates are on Wed/Thurs....

No choice. I actually signed my SPA about 1 week+ ago and I promised the developer that I will TT the 20% deposit on 18 Feb when the rates might go back to normal peg.

 

[RedsYNWA]

No choice. I actually signed my SPA about 1 week+ ago and I promised the developer that I will TT the 20% deposit on 18 Feb when the rates might go back to normal peg.

I see i see.... Savings at most in the hunderds i guess, so its still acceptable.... Gd luck with the purchase.

 

[Lyc396]

Yeah..is time to TT again..hope next week better..huat ah..

Seems that exchange rates are now back to normal. The link shows Raffles ex rates back to a more acceptable range.

http://www.raffles1.net/currency.asp

 

[Newbie11]

their TT rate today was 2.49

 

[kengheng23]

Today yew tee exchange cash is 247rm

 

[aliensmotor]

their TT rate today was 2.49

All bro please change as much as posssible....put into Malaysia bank.

 

[Lyc396]

Aiming for TT 2.5 and above..Up up pls..

 

[Newbie11]

All bro please change as much as posssible....put into Malaysia bank.

Agree......

 

[whoami]

All bro please change as much as posssible....put into Malaysia bank.

Sekali the rates move against us, how?

 

[austin_hts]

Raffles place
Friday, 15/2/13 : 2.49
Today, 18/2/13 : 2.482

I change RM 247.6 yesterday

 

[captainjones]

is it cheaper to do a bank transfer of SGD 40k to malaysia's external a/c as compared to remit via exchanger @ S$10 per sey?

 

[arsenal]

No.. usually it is not. If you transfer large amount, the difference could be very significant..

is it cheaper to do a bank transfer of SGD 40k to malaysia's external a/c as compared to remit via exchanger @ S$10 per sey?

 

[Inception]

Today (19/2)
Raffles Clifford 2.491

 

[Lyc396]

Seems like today exchange rate is good. Should have hit 2.5 for TT. Yeah,time for action.

 

[jade apple]

Seems like today exchange rate is good. Should have hit 2.5 for TT. Yeah,time for action.

19 feb morning, dollar exchange TT rate is 2.491.