If I have Maybank SG liao, is it easy to open CIMB SG?

Yes. The only requirement by CIMB Sg is that you have to transfer your first deposit to open a bank account with them from another Singaporean bank account. You can do that through FAST transfer from your Maybank SG account.

How to open without presenting in Singapore?

You can register yourself at cimb.com.sg. You don't need to be present there to open an account.

https://www.cimbbank.com.sg/content/dam/cim...on-20160122.pdf

Through mail-in right?

Head over to Cimb sg, look for Cimb fast saver, click apply, fill up all the details, upload all scanned documents,

When you are done, log into your other SG account and transfer SGD1000 into it via FAST (their version of IBFT but free). Account must be under your name alone. Joint account is not allowed.

The SGD1000 is just to prove your identity. Later on, you can withdraw out everything also can. Sometimes I keep SGD10 only inside.

Can open USD account mah? I really need USD

USD account need to walk in. And you can't really move USD between SG banks via online.

can remit USD online to other countries?

I saw you guys talking about Maybank iSAVvy Savings Account.
It seems like only available to Singapore Citizens and Permanent Residents.
I am neither. Is there any other way I can opened a Singapore bank account?
I am just ordinary Malaysian working locally.

Read through the thread and u will find your answer.

Hi Ramjade,

I am trying to find the cheapest way to transfer from Malaysia to Singapore. I have both Maybank SG and CIMB SG.

I have tried option (i) above and it is correct that the charges are RM10.60 + SGD10.00 (MBB MY to MBB SG).

Have you tried from:
1) Maybank MY to CIMB SG
2) CIMB MY to CIMB SG

Can you share the charges?

Thanks alot!

Use moneymatch

Thanks for the suggestion!

However, I am traditional in the sense that I prefer to use the banking system.

Go ahead then. Enrich the bank shareholders I choose not to.

You rather enrich the shareholders of MoneyMatch?

I rather have a fuller pocket than a lighter pocket. I will use who give me best rate and lowest fee. So if one day bank become cheaper than moneymatch, I will use banks. Whoever can give me better deal will get me as their customer.

Ok, that clears it up. Whichever gives the cheapest transactional cost wins. Sounded like you had something against banks earlier.

The brokage fees is almost the same. SIN charge SGD 10 while some MY bank is charging RM 27 to RM40 As for dividend it will pour back to your MY trust account denominated in SGD.

Hence, u can still trade SGX stock with MY acct.

Hi guys! I'm happy to report that I've managed to open my isavvy account! So thank you so much for the guidance (from the difference questions and answers from other users) and responses! (just remember if the banks do taichi, just move on to another branch that is stated in the form . And also, there's a new form to be filled now! Make sure you fill up the latest edition if not you may need to refill the forms again and this will only cause further delay)

Also, now that I have activated my debit card (can't set limit though since it requires me to do it over the ATM) and my online banking, is there anything else i should be aware of? Like annual fees (i read somewhere that there is no annual fee but I'd like some confirmation), or minimum transactions if not the account will be disabled? Other than the minimum $500 deposit? Can I just leave my account 'dormant' for the time being?

And is it possible for me to sign up for the online access to view my card transactions (since it requires mobile number and i don't have a sg mobile number)?

Sorry if the questions sound noob.

This post has been edited by timo1003: Nov 23 2017, 11:51 PM