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 Opening personal bank account in SG, How to if you don't work or earn in SG?

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TSkaiserwulf
post May 17 2010, 02:13 AM, updated 16y ago

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Joined: Oct 2008


Hi guys,

I want to have a local (as in SG) bank account to open up a stock account (having philip capital in mind) in SG. I have a passport and willing to travel down to SG to go to the banks to open.
-Msian citizen
-No SG job or earnings derived from SG
-Not SG PR or citizen

As I only need 1 account, here are my questions:
-What bank recommended to open?
-Able to do online banking from anywhere out of SG
-What is the process?
-Minimum value to open the acc? (I got 10k SGD in MYR currently)
-How to bring the cash across? Wired transfer or by hand?
-Any documents I need to bring there

I know there are ways to buy SG stocks from Msia but I want the flexibility of having my money there in case of keris kissing issues and also the fact that Msia is slipping in its currency strength (e.g. SG once was 1.x and now its 2.x and never dropping back)

Appreciate if someone who done it before let me know. Thanks. rclxms.gif
TSkaiserwulf
post May 17 2010, 07:30 PM

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Senior Member
1,110 posts

Joined: Oct 2008


Thanks for your help guys. I found this:

http://www.uob.com.sg/personal/deposits/sa...ng_account.html

Seems like its what I need.

 

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