What is the best way to transfer money from Malaysia to Singapore? - Seedly
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Anonymous

Asked on 10 Dec 2018

What is the best way to transfer money from Malaysia to Singapore?

With the ideal forex rate as the amount of north of 800k

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Frankie Aufhauser-Rappaport
Frankie Aufhauser-Rappaport
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Top Contributor (Feb)

Level 8. Wizard
Answered on 14 Feb 2020

Check out f.ex. CurrencyFair and Transferwise

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Gabriel
Gabriel
Level 8. Wizard
Updated on 07 Jun 2019

Hey, you can consider using CIMB to do so as it offers free instant funds transfer between your Singapore and Malaysia account with no service fee. It also guarantees a good exchange rate! Check it out here - https://www.cimbbank.com.sg/en/personal/banking-with-us/services/sg-my-cross-border-convenience.html

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Question Poster

13 Dec 2018

Hi Gabriel, i just did the transfer through CIMB. It took just 1 day for the transfer to go through. Thank you for the recommendation!
Gabriel
Gabriel

13 Dec 2018

You're most welcome!