Maybank has been touting their new service of sending money by international telegraphic transfer for only MYR10. It IS cheap. Well, today I found out that it is not as cheap as advertised.
Yes, the sender in Malaysia will be charged MYR10 each transaction no matter if the amount is large or small. On top of that, the recipient will also be charged, maybe USD15 or something.
I'm not saying it is expensive. It is even cheaper than sending money from the US to Malaysia but I feel that Maybank should at least let us know this charge on the other end. Nobody likes surprises like this.
If I had thought that MYR10 per transaction is cheap, I found out that sending money overseas through telegraphic transfer through AmBank is only MYR1! w00t!
Yes, the sender in Malaysia will be charged MYR10 each transaction no matter if the amount is large or small. On top of that, the recipient will also be charged, maybe USD15 or something.
I'm not saying it is expensive. It is even cheaper than sending money from the US to Malaysia but I feel that Maybank should at least let us know this charge on the other end. Nobody likes surprises like this.
If I had thought that MYR10 per transaction is cheap, I found out that sending money overseas through telegraphic transfer through AmBank is only MYR1! w00t!
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