DrDougster Posted November 25, 2022 Share Posted November 25, 2022 GBP, USD and Euros are all pretty straightforward and we've discussed at length. Has anyone got advice on how to receive Malaysian Ringgit? There are quite a lot of limitations on transfers in/from Malaysia to deal with, but does anyone know of a multi currency account similar to Wise or Revolut that accepts MYR transfers? Or, as I suspect, is this going to need a more traditional multi currency account from somewhere like HSBC? Quote Link to comment Share on other sites More sharing options...
Ken Posted November 26, 2022 Share Posted November 26, 2022 On 25/11/2022 at 10:23, DrDougster said: GBP, USD and Euros are all pretty straightforward and we've discussed at length. Has anyone got advice on how to receive Malaysian Ringgit? There are quite a lot of limitations on transfers in/from Malaysia to deal with, but does anyone know of a multi currency account similar to Wise or Revolut that accepts MYR transfers? Or, as I suspect, is this going to need a more traditional multi currency account from somewhere like HSBC? Wise don't offer an MYR denominated account but you can still receive MYR transfers and you can make payments in MYR. Quote Link to comment Share on other sites More sharing options...
DrDougster Posted November 26, 2022 Author Share Posted November 26, 2022 7 hours ago, Ken said: Wise don't offer an MYR denominated account but you can still receive MYR transfers and you can make payments in MYR. Which banking details would someone in Malaysia use to send money to your Wise account? Would it appear in your MYR denominated jar (probably not the correct term) in Wise? I can't see any details for the MYR jar. Disclaimer - I'm a doctor and as such know nothing about finance! Quote Link to comment Share on other sites More sharing options...
rammygirl Posted November 26, 2022 Share Posted November 26, 2022 Give wise a call, I have found them to be very helpful in the past. Quote Link to comment Share on other sites More sharing options...
Ken Posted November 27, 2022 Share Posted November 27, 2022 10 hours ago, DrDougster said: Which banking details would someone in Malaysia use to send money to your Wise account? Would it appear in your MYR denominated jar (probably not the correct term) in Wise? I can't see any details for the MYR jar. Disclaimer - I'm a doctor and as such know nothing about finance! As I said Wise don't offer a MYR denominated account (that's only for GBP,; AUD; EUR; NZD; USD; SGD; RON; CAD; HUF and TRY) but it is one of 52 currencies you can hold and convert - but that only allows you to transfer from an account that it is in your name. They say that you can receive money directly into your account (form third parties) in Malaysian Ringgit but that's only available for residents residing in Malaysia. Quote Link to comment Share on other sites More sharing options...
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