MALAYSIAN RINGGIT
Currency abbreviation for Malaysian ringgit, official currency of Malaysia. The currency is comprised of 100 sen and presented with the symbol RM. Oftentimes, the Malaysian ringgit is unofficially regarded as the Malaysian dollar.
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Convertible Currency
Currency which can be easily and readily bought or sold for another currency without government restrictions. Also known as hard currency.
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Automated Clearing House - ACH
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Transfer-for-Value Rule
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