Exchange Rates for RM

[xxkiwi]

how about hsbc(S) to hsbc(m), any tt charges?

 

[Dora21]

1st of all tks to kopikong99 for sharing. This is the little knowledge that i know regarding CIMB. TT thru internet banking its free with a limit. (as kopikong99 had explain) to do tt at bigger amt thur it counter there is admin charges. Eg. $20,000=$55 admin charge here & abt rm10 at msia side.
At 9.30am tt rate cimb is 2.533

 

[crystal_tiong]

1st of all tks to kopikong99 for sharing. This is the little knowledge that i know regarding CIMB. TT thru internet banking its free with a limit. (as kopikong99 had explain) to do tt at bigger amt thur it counter there is admin charges. Eg. $20,000=$55 admin charge here & abt rm10 at msia side.
At 9.30am tt rate cimb is 2.533

hi
can u show me the link which show 2.533 rate ? i clicked on exchange rates doest have this rate , thanks

 

[Dora21]

hi
can u show me the link which show 2.533 rate ? i clicked on exchange rates doest have this rate , thanks

I just do tt at cimb raffles at 9.30am(31/7/13) at the counter. The teller lock me with the rate 2.533. I hv to pay the admin charges. Its still worth compare to the money changer that control rm.

 

[SiriusA]

I just do tt at cimb raffles at 9.30am(31/7/13) at the counter. The teller lock me with the rate 2.533. I hv to pay the admin charges. Its still worth compare to the money changer that control rm.

How much is the admin charges?

 

[crystal_tiong]

I just do tt at cimb raffles at 9.30am(31/7/13) at the counter. The teller lock me with the rate 2.533. I hv to pay the admin charges. Its still worth compare to the money changer that control rm.

oh u r in a hurry to remit big sum of money ? why not break in days to do so ? if u have cimb sg and msia accounts.

 

[Dora21]

I hv target as long abv 2.5 to me im ok. So anytink abv it i'm happy

 

[shctaw]

Western Union TT. No limit.

2.5200

 

[Dora21]

Western Union TT. No limit.

2.5200

No limit even to singaporean acct. holder in msia bank?

 

[crystal_tiong]

I hv target as long abv 2.5 to me im ok. So anytink abv it i'm happy

ok , i just feels if can save by service fees , it will be better unless u in a hurry to remit.

 

[shctaw]

No limit even to singaporean acct. holder in msia bank?

Give them a Singapore cheque. They credit your Malaysia account in 3 business days.

 

[Dora21]

Why ringgit drop so much?
1) Msia has U$2.9B of foreign investments in sovereign debt due today. Mkt expect large outflow fr Msia.
2) Fitch lower Msia to Negative from Stable
3) Bank Negara absence in FX mkt.

 

[myrsing]

Is it true, its free no admin charge for tt cimb(s) to cimb (m)?

How about trsf funds from cimb(m) to HL (M) or any other Msian banks? Is there any limits in trsf of funds via TT i.e. fm Msian bk to another msian bank a/c? Any charges?

I am a sporean.

 

[shctaw]

It is SGD that is the powerhouse against MYR.

Drop close to 8% against SGD. it is good for Malaysia export. But also attact inflation.

Why ringgit drop so much?
1) Msia has U$2.9B of foreign investments in sovereign debt due today. Mkt expect large outflow fr Msia.
2) Fitch lower Msia to Negative from Stable
3) Bank Negara absence in FX mkt.

 

[Dora21]

How about trsf funds from cimb(m) to HL (M) or any other Msian banks? Is there any limits in trsf of funds via TT i.e. fm Msian bk to another msian bank a/c? Any charges?

I am a sporean.

You can read @ www.cimb.com.my regarding the charges. From what i hv read tt to local bank rm5 is charge.

 

[myrsing]

You can read @ www.cimb.com.my regarding the charges. From what i hv read tt to local bank rm5 is charge.

Thanks Dora.

 

[currahee]

any service fees for western union? 2.52 must be highest now

 

[malpaso]

Give them a Singapore cheque. They credit your Malaysia account in 3 business days.

i have been doing this for a long time. Maybank is the best in terms of lowest charges. The foreign banks charges are expensive. Also note that you may not get the best exchange rates. However, I found this method to be one of the most convenient and safest (no need to carry around cash). I just go to MB branch (many branches in msia), fill in the cheque deposit slip, and drop in the box.

 

[malpaso]

It is SGD that is the powerhouse against MYR.

Drop close to 8% against SGD. it is good for Malaysia export. But also attact inflation.

MYR drop. House price up. Subsequently, BLR will also up.

 

[potter]

MYR drop. House price up. Subsequently, BLR will also up.

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