Why send such a small amount?
Was it an error? Wrong decimal point use?
Post by Guest (!GcWvNsaxzA) » Tue Jan 11, 2022 10:38 pm
Post by ផោមក្លិនស្អុយ » Wed Jan 12, 2022 8:57 am
It was a test. read the other posts in the thread. No sense of tying up thousands floating in the banking ether if it was likely to be rejected and have to wait for an unknown period to get it refunded.
Post by Ian (!xsWCMENwwM) » Sat Jan 29, 2022 5:14 pm
Post by ផោមក្លិនស្អុយ » Sat Jan 29, 2022 7:13 pm
You aren't wrong.Ian wrote: ↑Sat Jan 29, 2022 5:14 pmHi guys, been reading and enjoying the forum for a while and came across this discussion on Wise who I've been using for a few years to transfer currency.
I have a question on their Debit Card, which might sound like stating the bleeding obvious but worth checking...
Is this correct...? I UK£ from my UK account onto the card in US$, then simply use the card to make purchases or withdrawals abroad where the currency is $, e.g. Cambodia. It seems the benefits of this are better exchange rates, lower fees and the reduction of the need to carry large bundles of cash.
Please let me know if I'm wrong there, seems straightforward but if I've missed something I'll be grateful to be corrected.
Many thanks
Post by logos » Sat Jan 29, 2022 10:13 pm
The swelling number of destitute barang expats never cease to astonish me.ផោមក្លិនស្អុយ wrote: ↑Sat Jan 29, 2022 7:13 pmI rarely have more than 10-15 dollars cash on me nowadays.
Post by Ian (!xsWCMENwwM) » Sun Jan 30, 2022 2:54 am
Thanks for the replyផោមក្លិនស្អុយ wrote: ↑Sat Jan 29, 2022 7:13 pmYou aren't wrong.Ian wrote: ↑Sat Jan 29, 2022 5:14 pmHi guys, been reading and enjoying the forum for a while and came across this discussion on Wise who I've been using for a few years to transfer currency.
I have a question on their Debit Card, which might sound like stating the bleeding obvious but worth checking...
Is this correct...? I UK£ from my UK account onto the card in US$, then simply use the card to make purchases or withdrawals abroad where the currency is $, e.g. Cambodia. It seems the benefits of this are better exchange rates, lower fees and the reduction of the need to carry large bundles of cash.
Please let me know if I'm wrong there, seems straightforward but if I've missed something I'll be grateful to be corrected.
Many thanks
The only consideration is that your TransferWise card will be treated as a foreign card and there will be extra ATM charges and limits on what you can lift each day. Also doing this you will have to operate solely on cash.
Most long term expats who bring money from abroad will operate a local account and make less-frequent, larger transfers to their account and are increasingly having the convenience of going cashless thru widespread use of mobile banking. I rarely have more than 10-15 dollars cash on me nowadays.
Post by ផោមក្លិនស្អុយ » Sun Jan 30, 2022 7:19 am
Oh man...you are becoming even more brazen in your desperation.logos wrote: ↑Sat Jan 29, 2022 10:13 pmThe swelling member of destitute barang expats never cease to astonish me.ផោមក្លិនស្អុយ wrote: ↑Sat Jan 29, 2022 7:13 pmI rarely have more than 10-15 dollars cash on me nowadays.
Post by ផោមក្លិនស្អុយ » Sun Jan 30, 2022 7:22 am
Opulent, no
Post by Guest (!OBQelz6Uck) » Sun Jan 30, 2022 1:48 pm
ផោមក្លិនស្អុយ wrote: ↑Sat Jan 29, 2022 7:13 pmYou aren't wrong.Ian wrote: ↑Sat Jan 29, 2022 5:14 pmHi guys, been reading and enjoying the forum for a while and came across this discussion on Wise who I've been using for a few years to transfer currency.
I have a question on their Debit Card, which might sound like stating the bleeding obvious but worth checking...
Is this correct...? I UK£ from my UK account onto the card in US$, then simply use the card to make purchases or withdrawals abroad where the currency is $, e.g. Cambodia. It seems the benefits of this are better exchange rates, lower fees and the reduction of the need to carry large bundles of cash.
Please let me know if I'm wrong there, seems straightforward but if I've missed something I'll be grateful to be corrected.
Many thanks
The only consideration is that your TransferWise card will be treated as a foreign card and there will be extra ATM charges and limits on what you can lift each day. Also doing this you will have to operate solely on cash.
Most long term expats who bring money from abroad will operate a local account and make less-frequent, larger transfers to their account and are increasingly having the convenience of going cashless thru widespread use of mobile banking. I rarely have more than 10-15 dollars cash on me nowadays.
Post by ផោមក្លិនស្អុយ » Sun Jan 30, 2022 2:34 pm
Cambodia is not Turkey. Fees will be incurred.Guest wrote: ↑Sun Jan 30, 2022 1:48 pmផោមក្លិនស្អុយ wrote: ↑Sat Jan 29, 2022 7:13 pmYou aren't wrong.Ian wrote: ↑Sat Jan 29, 2022 5:14 pmHi guys, been reading and enjoying the forum for a while and came across this discussion on Wise who I've been using for a few years to transfer currency.
I have a question on their Debit Card, which might sound like stating the bleeding obvious but worth checking...
Is this correct...? I UK£ from my UK account onto the card in US$, then simply use the card to make purchases or withdrawals abroad where the currency is $, e.g. Cambodia. It seems the benefits of this are better exchange rates, lower fees and the reduction of the need to carry large bundles of cash.
Please let me know if I'm wrong there, seems straightforward but if I've missed something I'll be grateful to be corrected.
Many thanks
The only consideration is that your TransferWise card will be treated as a foreign card and there will be extra ATM charges and limits on what you can lift each day. Also doing this you will have to operate solely on cash.
Most long term expats who bring money from abroad will operate a local account and make less-frequent, larger transfers to their account and are increasingly having the convenience of going cashless thru widespread use of mobile banking. I rarely have more than 10-15 dollars cash on me nowadays.
The best way to use Wise is to load with your home currency, then convert it to the currency of the country you’re in and this create a new virtual account. Then in the country you’re visiting simply use it as a debit card.
I did this a while ago in Turkey. I converted my £ balance to lira and just used the card as a contactless debit card wherever I went. No fees involved at all.
Post by Guest (!OBQelz6Uck) » Sun Jan 30, 2022 3:57 pm
ផោមក្លិនស្អុយ wrote: ↑Sun Jan 30, 2022 2:34 pmCambodia is not Turkey. Fees will be incurred.Guest wrote: ↑Sun Jan 30, 2022 1:48 pmផោមក្លិនស្អុយ wrote: ↑Sat Jan 29, 2022 7:13 pmYou aren't wrong.Ian wrote: ↑Sat Jan 29, 2022 5:14 pmHi guys, been reading and enjoying the forum for a while and came across this discussion on Wise who I've been using for a few years to transfer currency.
I have a question on their Debit Card, which might sound like stating the bleeding obvious but worth checking...
Is this correct...? I UK£ from my UK account onto the card in US$, then simply use the card to make purchases or withdrawals abroad where the currency is $, e.g. Cambodia. It seems the benefits of this are better exchange rates, lower fees and the reduction of the need to carry large bundles of cash.
Please let me know if I'm wrong there, seems straightforward but if I've missed something I'll be grateful to be corrected.
Many thanks
The only consideration is that your TransferWise card will be treated as a foreign card and there will be extra ATM charges and limits on what you can lift each day. Also doing this you will have to operate solely on cash.
Most long term expats who bring money from abroad will operate a local account and make less-frequent, larger transfers to their account and are increasingly having the convenience of going cashless thru widespread use of mobile banking. I rarely have more than 10-15 dollars cash on me nowadays.
The best way to use Wise is to load with your home currency, then convert it to the currency of the country you’re in and this create a new virtual account. Then in the country you’re visiting simply use it as a debit card.
I did this a while ago in Turkey. I converted my £ balance to lira and just used the card as a contactless debit card wherever I went. No fees involved at all.
Post by Guest (!OBQelz6Uck) » Sun Jan 30, 2022 4:31 pm