Just wait.

Fill up form again for what? Form got no bank draft how to open? You need to wait.

Yup. But then I need to submit extra forms some more (income tax proof)

Of course cannot. The only bank which let you open from here are Maybank, SCB, HSBC, Citibank. Other than Maybank the other 3 requires you to have a priority banking with them and their SG counterpart.

For SCB yes. I asked my SCB branch. They told us we cannot help you to open SG account unless you are priority customer with us and is willing to be priority customer with SCB SG.

For Citibank, should be the same. I do not have any account or anything with them but based on previous lowyat forum member post saying that's the only way.

I know that's why the SCB route is beyond me. Heck I can't even have priority banking with any MY banks (they need RM250k - don't have the moooo )

Tax declaration was started by maybank SG this year. Had my stuff arrived in Dec, I don't need to sign tax declaration also.

He's a singaporean.

How come you know so much about SG banking sector?

Even if you already have account with the bank still need to show them TIN meh?

Sifu, care to share which SG bank(s) does not charge money for depositing foreign currency notes (eg USD, AUD, HKD, GBP, etc...)

That's expensive. DBS 1.5% - 3..x% Other bank charge 1% for deposit foreign currency notes. If got cheaper than 1%, or free I would like to know.

Why UOB?

Bro, any info regarding my question about other Multi Currency account which won't kena charge for depositing foreign money? I am looking for alternative to DBS MCA.

Money changer rate will always beat bank's rate. If you can deposit foreign notes, even with them charging you for depositing those notes, you can save a little. Few times doing that might be enough to cover for 1 round of brokerage fees by Maybank KE. So far I checked that OCBC Global Currency does not have any fall below fees (not stated int heir brochure) but they need min 5000 units of whatever currency you want to deposit and charge 1% for foreign notes deposit vs DBS at 1.5% for USD and increasing for others (HKD, AUD).

Cimb - Transfer money into SG/fund Maybank account, no fall below fees.
OCBC - replace DBS MCA (if really no fall below fees, extra ammo for my warchest), transfer money to HK/AU - using Transferwise (the above will save on banking charges)
Maybank- Maybank KE and Maybank account

So from the above, only account need to maintain is Maybank at SGD500 and their fall below fees is cheap at SGD2/month if OCBC does come through.

But need to plan this step carefully when I start working. The thing is whether can open or not.

This post has been edited by Ramjade: Feb 22 2017, 10:07 PM

All SG bank can. They are not like malaysia where they limit how much you can send or must visit branch.

Er what nonsense are you talking about? Malaysian banks can transfer foreign funds online. Just depend on the bank. Some can some cannot.
Some give max rm10k, some rm30k/day.

All malaysian banks have foreign account just that they don't accept other currency notes. You want to open USD account, can. Bring RM/deduct rm from your account.

Don't tell me indon let you deposit USD in cash...

About maybank SG multi currency account, they only have single foreign currency. If want multi currency
(i) open multi single foreign currency account
(ii) check out DBS, UOB, OCBC. Hsbc

Any charges (like fall below fee, yearly fees?) I didn't know about this.

That's a first.

Damn that was fast. I still need to submit my TIN first.

Don't worry. IN the same boat as you. But I will provide Maybank SG why I cannot have any TIN.