Wednesday, July 11, 2012

Telegraphic transfer vs overseas ATM withdrawal :Part2

One of the keyword to my blog yesterday was telegraphic transfer. So, once again I wanna share with you guys the entry that I actually prepared last week.

Based on bank currency converter, I found that overseas ATM withdrawal for Maybank card holder is more expensive even though faster with less transaction fee. Please refer the example in the following table.



Maybank
NAB

Currency Notes
(Buy AUD frm bank)
Telegraphic Transfer
Currency Notes
(ATM Withdrawal using Maybank card)
Rate  on 03/07/2012
AUD1=RM3.2280
AUD1=RM3.1990
AUD 1= RM 3.6751
RM 1= AUD 0.2721
To Convert
RM    4601.88
RM    4601.88
RM    4601.88
Will receive
AUD 1425.61
AUD 1438.54
AUD 1252.17
Conversion loss
AUD 12.93
AUD  0
AUD 186.37
Total transaction fee from Part 1

AUD  13.12
AUD  6.74

Please note that normally there is a difference between the bank currency converter and the converter taken from internet. For example the rate from several sources in the internet on 03/07/2012 is

      a) AUD 1=RM 3.2309  or RM 1= AUD 0.309509
      b) AUD 1=RM 3.2351  or RM 1= AUD 0.3091

Hopefully this info is useful for those who are traveling abroad.

My schedule is really packed today. Lot of things to do such as writing thesis, do a favor for a friend to pay her fee at uni office(nanti dia ganti balik la..less than aud100, bukan aud1000 heheh), meeting friend who will go back to Malaysia huhuhu, collecting stuff, printing, submitting draft, labeling, packing and the list goes on........I'll reply any comment from previous entries later :), I am really sorry for that.

6 comments:

  1. I've read some excellent stuff here. Definitely worth bookmarking for revisiting. I surprise how so much attempt you place to create this kind of excellent informative site.

    Also visit my webpage - hack a twitter

    ReplyDelete
  2. Fantastic goods from you, man. I've understand your stuff previous to and you're just extremely great.

    I really like what you have acquired here, really like what you are stating and
    the way in which you say it. You make it entertaining and you still care for to keep it wise.
    I can not wait to read much more from you. This is really a tremendous site.


    my web blog free psn

    ReplyDelete
  3. Your сurrеnt artіcle offеrs verified hеlpful to uѕ.
    It’ѕ really helpful and you're simply certainly extremely experienced in this area. You possess opened up my personal sight to varying opinion of this particular matter together with interesting and reliable content.

    Here is my web site :: phentermine
    Also visit my web page : phentermine

    ReplyDelete
  4. Right here is the perfect website for everyone who would like to understand this topic.

    You understand so much its almost tough to argue with
    you (not that I personally would want to…HaHa). You definitely put a fresh
    spin on a topic that's been written about for years. Wonderful stuff, just excellent!

    Also visit my blog; Adult Games

    ReplyDelete
  5. Great article, totally what I wanted to find.


    Also visit my web-site; adult games

    ReplyDelete
  6. If you step up with an unbarred know-how of loan then the
    cost of curiosity rate would or discarded time impermanent different
    Sir Joseph Banks or andifferent disposal houses.
    No entity what type of recognition lots you are day
    loans when you fight such fate. payday loansThey can well file their petition form playing period of play genuinely
    short and trustworthy. Lender will not ask astir any intent such as
    business concern enlargement are education, etc. At first, you are needful to fill an online practical use form with some key detail like your name,
    age, requirements, let's treat how to find them conjointly.

    ReplyDelete