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Exchange Rates for RM

I find that money changer @ bukit indah give the best rate. Yesterday, aftnoon JB Central cash sgd 1 = rm2.70. Pls share if there is better rate. Tq.

In JB, they always quote @ 6 - 7 points lower. Need to ask them to give us better rates.
 
I managed to TT at 2.485 and cash at 2.4722 today. Quite a no. of changer had no stock in the morning. It became available at noontime at 2.462 (cash)
wow , rate is better than me , i changed 4 figures in Acrade , only246.50 as a few counters no stock for rm liao ...
 
I am going to use Derivative( dual currency) account as conversion rate is abv 2.50 ( spot price) now. Also meanwhile we can earn interest on the SGD deposit before it converts.Interest rate depends on our 'strike' price , can eb as high as 8%. I dont have all the info as my friend newly introduced me to this. I need to convert a large sum so I think this method may be useful. I am not sure yet about the extra charges like TT by the bank over here, is it typical TT rate or higher. Will share when I know more.
If anyone knows more, please share as other Bros & Sis may also benefit from this. UOB, Stanchart in Malaysia offer this if you want to find out more.
 
Place a FD with UOB at 3.75%.
Rate 2.482.

Note: I bank in the cheque on Tuesday in Johor Bahru. Cleared Thursday. FD done on Friday.
 
Place a FD with UOB at 3.75%.
Rate 2.482.

Note: I bank in the cheque on Tuesday in Johor Bahru. Cleared Thursday. FD done on Friday.

Hi

Can I ask if I can just walk in and open a FD? Any document I need to bring along? Thanks.
 
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Do you know when the promotion ends? Any minimum sum, eg like RM200k? I bought some with RHB at 3.88% during Chinese new year.
Place a FD with UOB at 3.75%.
Rate 2.482.

Note: I bank in the cheque on Tuesday in Johor Bahru. Cleared Thursday. FD done on Friday.
 
Place a FD with UOB at 3.75%.
Rate 2.482.

Note: I bank in the cheque on Tuesday in Johor Bahru. Cleared Thursday. FD done on Friday.

For wealth banking customer is 3.75 % as compared to normal bank customer which is 3.7%.

Anyway it is better than CIMB which gives only 3.1%. Looking to do a switch soon.
 
What's the service charge? The fee list says RM25 for handling SGD cheques.

I tried a new method of converting Singapore dollar to Ringgit.

SGD cheque bank into UOB City Sq JB branch. (By hand. To Wealth Banking Officer)

Wednesday bank in cleared on Friday.

Cheque cleared and converted at 2.463
 
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