Showing posts with label SGD/MYR Exchange Rates. Show all posts
Showing posts with label SGD/MYR Exchange Rates. Show all posts

Friday, July 15, 2016

Latest SGD/MYR Exchange Rates

Note:
  1. For Android user, please use Chrome, Firefox browser in order to view the page correctly. 
  2. Click/Tap on the money changer's name will take you to its location on Google Map.

Thursday, July 14, 2016

SGD/MYR rate from Bank

Disclaimer:
The banks reserve the absolute right and discretion to change the rates below without any notice or reason whatsoever.

Note:
1. The Cash rate refers to cash withdrawal using the UOB/Maybank ATM card from ATM machine of respective bank in Malaysia
2. The TT rate refers to telegraphic transfer from CIMB Singapore account to CIMB Malaysia account via Internet Banking

Tuesday, July 12, 2016

SGD/MYR rate from forums

SGD/MYR rate from forums Disclaimer:
The rates displayed below is obtained from various forums. Therefore, no guarantees as to its accuracy.
Click here to share the rate.

Monday, August 5, 2013

UOB Cash Withdrawal in Malaysia

With SGD/MYR in all time high, people are searching around to get the best exchange rate. Due to Ringgit shortage or whatever reason, the SGD/MYR exchange rate offered by local money changers are less compelling, with huge spread relative to the SGD/MYR spot rate.

My previous post has discussed about TT using CIMB accounts without any charges. The problem is it is valid for online transfer and you need to wait at least one week to obtain the token. Besides that, you need to have the CIMB account in Malaysia as well. As Malaysia banking service only available during weekdays, this make it really hard for some people to enjoy this convenience and competitive exchange rate.

Recently I came across from Cari forum that the forumers are discussing cash withdrawal from UOB ATM in Malaysia.

http://www.uob.com.sg/personal/ebanking/atm/atm-regional_faq.html
Understand from the site above,
1. There is no charges for cash withdrawal from UOB ATM in Malaysia. All you need to do is to enable your card for the oversea cash withdrawal.
2. You do not need to have UOB account in Malaysia.
3. The same withdrawal limit applies overseas as when you use your card in Singapore.
4. This is cash withdrawal, not TT.

I have called customer service of UOB Singapore and UOB Malaysia, and check on the exchange rate. The desired exchange rate can be found at the site below, and check
1 SINGAPORE DOLLAR vs Bank Buying(RM) field.
Banknotes