Best Way to Convert and Transfer USD to MYR or SGD

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  1. #1

    Join Date
    Nov 2019
    Posts
    15

    Best Way to Convert and Transfer USD to MYR or SGD

    Hi guys

    i make USD and will maintain a USD account with Citi HK. I will need to transfer some SGD and MYR to the respective countries monthly, what will be the best way and the cheapest way to transfer this money without first converting the USD to HKD? I was told by TransferWise if I want to convert USD the account will need to be funded through their US based USD account which will incur TT fee if I transfer it from Hong Kong, any ideas?


  2. #2

    Join Date
    Mar 2007
    Posts
    270

    Try the western union app


  3. #3

    Join Date
    Nov 2019
    Posts
    15

    How’s the rate like compared to TransferWise or InstaReM? Or it will still be cheaper if I convert it to HKD through Citibank first then to SGD/MYR through TransferWise or InstaReM?