Most Efficient Currency Conversion - MYR to SGD

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BillyB
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Most Efficient Currency Conversion - MYR to SGD

Post by BillyB » Thu, 19 May 2011 9:39 pm

Can someone please recommend the best way to convert MYR into SGD without getting stung in rates and charges etc.

GF banks with Maybank in Malaysia, I bank with HSBC & StanChart in Malaysia & SG. If anyone has experience of rates and fee's for those interbank transfers it would be greatly appreciated. Or is it easier to bring cash in from Malaysia at JB and convert at a money changer?

Thanks in advance.

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Post by JR8 » Thu, 19 May 2011 9:46 pm

Bring in cash and change at The Arcade.

Simples!

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Post by BillyB » Thu, 19 May 2011 10:28 pm

JR8 wrote:Bring in cash and change at The Arcade.

Simples!
But its a load of hassle heading up there to leave and re-enter, the banks aren't open at weekends plus I might not got back in after the anti-foreigner sentiment following the elections!!

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Post by JR8 » Thu, 19 May 2011 10:37 pm

O-K, well if you wanna change it at some rag and bone man in JB that's your call.

p.s. Delia is doing asparagus soup this pm... ;)

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Post by BillyB » Thu, 19 May 2011 10:42 pm

Oooohhhhhh delicious Delia..........can you freeze it and fed-ex it over to me??!!

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Post by JR8 » Thu, 19 May 2011 10:51 pm

:lol: I wish I could. And if you're still in SG by the time I'm back that's for sure :)

.... now, back to serious matters. Should I smatter the accompanying toasted ciabatta with roast garlic and a little grated cheese?.... yes... I think so...

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Post by durain » Thu, 19 May 2011 11:13 pm

nigella better. i am glued.

btw, if you are using a money changer, you can haggle the rate if you are exchanging lots.

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Post by BillyB » Thu, 19 May 2011 11:15 pm

JR8 wrote::lol: I wish I could. And if you're still in SG by the time I'm back that's for sure :)

.... now, back to serious matters. Should I smatter the accompanying toasted ciabatta with roast garlic and a little grated cheese?.... yes... I think so...
You're a gentleman and a scholar!!

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Post by JR8 » Thu, 19 May 2011 11:28 pm

Agreed Nigella has great baps, love her cake recipes too.

Oso agree can haggle rates, got to be doing a few thousand+ though or they'll think you've Indian blood and just :roll:

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Post by Mad Scientist » Fri, 20 May 2011 4:20 am

BillyB wrote:
JR8 wrote:Bring in cash and change at The Arcade.

Simples!
But its a load of hassle heading up there to leave and re-enter, the banks aren't open at weekends plus I might not got back in after the anti-foreigner sentiment following the elections!!
Have you tried Woodlands Interchange Area near the Causeway. They have a number of money changers there. Open 24/7 and the rates are pretty good. Do not worry a few of my friends own the shops there
One that I would recommend will the one facing across Mac Donald. The shop is near the steps somewhere in the middle. His name is Tan Guan Sing alias Kueh Neng which means Egg in Hokkien. Ask for him . He will take care of you. BTW if you got rob for some reason around there. You go back to him and money back quarrantee.!! Tell him Ah Fai recommend him.
Disclaimer. I have no interest in this shops but I have good relation with them as we use them a number of times bringing money from JB to SG . Safe and secure
:cool: :cool:
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!

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Post by BillyB » Fri, 20 May 2011 9:28 am

Thanks MS, I was hoping you'd recommend somewhere!! I'll give them a try next week.

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Post by Mad Scientist » Fri, 20 May 2011 2:30 pm

BillyB wrote:Thanks MS, I was hoping you'd recommend somewhere!! I'll give them a try next week.
Billy

Just to make sure , the money changer is on the ground floor . The second floor is the Hawker Centre. It is at the Woodland Checkpoint NOT Causeway Point

http://www.wilsonparking.com.sg/go/wils ... -centre-rd
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Post by BillyB » Fri, 20 May 2011 3:06 pm

Mad Scientist wrote:
BillyB wrote:Thanks MS, I was hoping you'd recommend somewhere!! I'll give them a try next week.
Billy

Just to make sure , the money changer is on the ground floor . The second floor is the Hawker Centre. It is at the Woodland Checkpoint NOT Causeway Point

http://www.wilsonparking.com.sg/go/wils ... -centre-rd
Noted and thanks. I'll be sure to hold you responsible if I get bum f*cked on the rate!!

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Post by Mad Scientist » Fri, 20 May 2011 3:29 pm

BillyB wrote:
Mad Scientist wrote:
BillyB wrote:Thanks MS, I was hoping you'd recommend somewhere!! I'll give them a try next week.
Billy

Just to make sure , the money changer is on the ground floor . The second floor is the Hawker Centre. It is at the Woodland Checkpoint NOT Causeway Point

http://www.wilsonparking.com.sg/go/wils ... -centre-rd
Noted and thanks. I'll be sure to hold you responsible if I get bum f*cked on the rate!!
If he gives you sh*t rate most probably he "likes" you. Scout around mate if he does not give you a good rate. Bargain for better one if you changing big amount. All the money changers there can nego on the rate. I once had about RM 900K with me for conversion and pressed him about 50 pips more than the posted rate :cool: They can change up to S$ 10 million in one day.
When comes to money, we are not friends. It is all business
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!

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Post by BillyB » Fri, 20 May 2011 3:58 pm

Mad Scientist wrote:
BillyB wrote:
Mad Scientist wrote: Billy

Just to make sure , the money changer is on the ground floor . The second floor is the Hawker Centre. It is at the Woodland Checkpoint NOT Causeway Point

http://www.wilsonparking.com.sg/go/wils ... -centre-rd
Noted and thanks. I'll be sure to hold you responsible if I get bum f*cked on the rate!!
If he gives you sh*t rate most probably he "likes" you. Scout around mate if he does not give you a good rate. Bargain for better one if you changing big amount. All the money changers there can nego on the rate. I once had about RM 900K with me for conversion and pressed him about 50 pips more than the posted rate :cool: They can change up to S$ 10 million in one day.
When comes to money, we are not friends. It is all business
Forget pips, I want movement on Bps!! It's not a huge amount but it's enough to warrant a taxi ride up there, some haggling and employing an armoured car the return journey!!

BTW WTF were you doing with 900K stashed in a briefcase or down your pants?!!

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