Hi guys,

i have signed up for a 2CO account and expecting my first check soon...

Some questions to ask 2CO users in Malaysia :
1) how long does it take for 2CO to send the check to us from US ?

2) how long does the bank take to clear 2CO check (HLB, SBB or etc)?

3) I have asked HLB and they say no additional charges clearing the check but some of them said i need to pay a lot for the service. So, do i have to pay any fees to clear 2CO check in local bank ?

4) what is the fastest way to clear 2CO check ?

please advise.

thanks

1. Check take pretty long. About a week even though they are using courier services.. actually they take days to sign your cheque

2. Bank Wire is instant. As long as your swift code is correct. You will receive it within 2 working days maximum. They're safe & fast and I'm use that method

3. Bank do charge some charges for clearing overseas check. The case now is they are buying your cheque based on FOREX exchange rate. So USD should be 3.7 plus a little commision depends on the bank. Won't be a lot

4. The fastest way to clear your cheque is to sell it to your bank Asap.

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Hi guys,


Could you please explain a little bit more about this method.. how much do i need to pay for this service ? which bank can i deal with by using this method ?

by the way, what is swift code ?

please advise.

Any bank in Malaysia buys TT. See the fee structure in 2CO for wiring in your fee: http://support.2co.com/deskpro/faq.p...&articleid=127

Ask your bank for their Swift code. Maybank for example is MBB EMY. Call your bank to clarify I don't know what is a swift code but TT is an encrypted message that will be sended to your bank. Maybe it is to identify which bank it is. And as far as i know That message has message to decrypt it.. banks stuff. don't ask me

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The meaning of TT is Telegraphic Transfer. It means that the bank will actually just send a telegraphic message to your bank and put the money into your bank account directly.

The bank will actually deal with each other after that. It's the safest, fastest and easiest way of sending and receiving money if you are overseas.

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now is 8th already but i still have not gotten my check =(

you guys said i can use bank wire right ? is it this mode of payment will cost you $20 for every transfer to malaysia bank account ?

by the way, what courier company are they using ? if we are not at home, where should we collect the check then ? can we check the status of the mail delivery from 2CO or the courier company ?

please advise because i am very new to 2CO.

thanks.