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Ely
Ely, Attorney
Category: Business Law
Satisfied Customers: 101731
Experience:  Counselor at Law.
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I have a question on currency marginal fluctuation

Customer Question

I have a question on currency marginal fluctuation difference. I have funds supposedly to invest to build condominiums in Malaysia that did not materialized. Now the funds are deposited in the bank. When I tried to do wire transfer from Malaysia bank to my US bank, they said that I have to pay the marginal fluctuation cost. Is this something legit in Malaysia Banks? What is the effect in my account? Do I have to pay this upront?
Submitted: 1 year ago.
Category: Business Law
Expert:  Ely replied 1 year ago.

Hello and welcome to JustAnswer. Please note:This is general information and is not legal advice. No specific course of action is proposed herein, and no attorney-client relationship or privilege is formed by speaking to an expert on this site. By continuing, you confirm that you understand and agree to these terms.

There is no such thing as "marginal fluctuation costs. This is likely a SCAM. Malaysia has recently risen as one of the top spots for internet scams in the world - see HERE.

If this "company" claims to offer a once-in-a-lifetime offer, etc, and unbelievable money to be made, then it is likely a scam. If you can give me its name/website, I can likely verify that this is indeed a scam.

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