{"id":51032,"date":"2021-12-08T11:16:19","date_gmt":"2021-12-08T03:16:19","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=51032"},"modified":"2024-12-04T11:10:08","modified_gmt":"2024-12-04T03:10:08","slug":"wise-multi-currency-payments-transfers","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/wise-multi-currency-payments-transfers","title":{"rendered":"How To Be Wise At Making Payments And Sending Money"},"content":{"rendered":"

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Overseas travel is all fun and exciting until you run out of cash and have to pay for purchases using your credit or debit card with ludicrous fees and rates. Cash is king, but it\u2019s also subject to rollercoaster exchange rates and markups and those long queues.\u00a0<\/span><\/p>\n

Wouldn’t it be great if there is another option that allows you to shop abroad on holiday or just make cross-border payments and money transfers from Malaysia to another country without going through the hoops and loops of money orders, bank-to-bank transfers, or even cashier\u2019s cheques, without losing money in hidden transaction fees and marked up exchange rates?<\/span><\/p>\n

Today, with the rapid emergence of fintech and non-bank institutions, taking your funds with you overseas and making international transfers have become easier, faster, and more secure. However, you need to know the best way to do this to prevent paying high fees and transaction costs.<\/span><\/p>\n

<\/span>What features should you look out for?<\/b><\/span><\/h2>\n

Here are the key features you should look for when you need to make payments in a foreign currency or send money to another country.<\/span><\/p>\n