QUOTE(55665566 @ Apr 9 2018, 08:24 AM)
Cannot. To activate the account, money need to be transfer from your own account in SG under your own name. Cannot be under other people's name.Opening a Bank Account in Singapore
Opening a Bank Account in Singapore
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Apr 9 2018, 08:28 AM
Show posts by this member only | IPv6 | Post
#1461
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All Stars
24,392 posts Joined: Feb 2011 |
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Apr 9 2018, 09:00 AM
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Senior Member
833 posts Joined: Sep 2012 From: Earth |
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Apr 9 2018, 01:44 PM
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#1463
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24,392 posts Joined: Feb 2011 |
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Apr 9 2018, 01:52 PM
Show posts by this member only | IPv6 | Post
#1464
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4,174 posts Joined: Dec 2008 |
QUOTE(Ramjade @ Apr 9 2018, 01:44 PM) thanks Ramjade for the guidance in opening the POSB.However still need minimum $500, if not $2 will be charged However, still better than my DBS AC. its immediate open. Now i am in process in updating CDP, also need update EPS & GIRO for Dbs vickers. |
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Apr 9 2018, 02:18 PM
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#1465
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24,392 posts Joined: Feb 2011 |
QUOTE(elea88 @ Apr 9 2018, 01:52 PM) thanks Ramjade for the guidance in opening the POSB. SGD 500 is small amount vs SGD3kHowever still need minimum $500, if not $2 will be charged However, still better than my DBS AC. its immediate open. Now i am in process in updating CDP, also need update EPS & GIRO for Dbs vickers. This post has been edited by Ramjade: Apr 9 2018, 02:18 PM |
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Apr 9 2018, 03:39 PM
Show posts by this member only | IPv6 | Post
#1466
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Junior Member
366 posts Joined: Mar 2006 |
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Apr 9 2018, 04:01 PM
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#1467
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24,392 posts Joined: Feb 2011 |
QUOTE(elea88 @ Apr 9 2018, 01:52 PM) thanks Ramjade for the guidance in opening the POSB. You can only apply for EPS. Giro only available for singaporean. However still need minimum $500, if not $2 will be charged However, still better than my DBS AC. its immediate open. Now i am in process in updating CDP, also need update EPS & GIRO for Dbs vickers. QUOTE(mrhseinpingq @ Apr 9 2018, 03:39 PM) Then open other SG bank account first. Cimb is a lousy bank in SG. Only good to park temporary money. Otherwise totally cannot use for anything.You can open from Malaysia by being priority on both side but is a perfect waste of good money. This post has been edited by Ramjade: Apr 9 2018, 04:02 PM |
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Apr 9 2018, 06:50 PM
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366 posts Joined: Mar 2006 |
QUOTE(Ramjade @ Apr 9 2018, 04:01 PM) You can only apply for EPS. Giro only available for singaporean. Before that I need open a Bank in Spore. But the point is I need open 1st.Then open other SG bank account first. Cimb is a lousy bank in SG. Only good to park temporary money. Otherwise totally cannot use for anything. You can open from Malaysia by being priority on both side but is a perfect waste of good money. The question here is not being which bank is good or bad. The point is open the first account in Spore first. |
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Apr 9 2018, 11:43 PM
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#1469
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24,392 posts Joined: Feb 2011 |
QUOTE(mrhseinpingq @ Apr 9 2018, 06:50 PM) Before that I need open a Bank in Spore. But the point is I need open 1st. The answer can be found in this thread. If you are not hardworking to read through this thread, then good luck. I have written a long and detail step by step guide.The question here is not being which bank is good or bad. The point is open the first account in Spore first. |
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Apr 9 2018, 11:52 PM
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#1470
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828 posts Joined: Dec 2010 |
QUOTE(mrhseinpingq @ Apr 9 2018, 06:50 PM) Before that I need open a Bank in Spore. But the point is I need open 1st. Maybank iSavvy . Open from maybank malaysia initial deposit $500 The question here is not being which bank is good or bad. The point is open the first account in Spore first. Search iSavvy in this thread u will find more |
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Apr 10 2018, 05:16 AM
Show posts by this member only | IPv6 | Post
#1471
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366 posts Joined: Mar 2006 |
QUOTE(young_97 @ Apr 9 2018, 11:52 PM) Maybank iSavvy . Open from maybank malaysia initial deposit $500 I search online for Maybank Spore iSavvy,Search iSavvy in this thread u will find more http://info.maybank2u.com.sg/personal/depo...gs-account.aspx It said: Documents Requirement for Foreigners At the branch: Passport Employment Pass Proof of Mailing Address (i.e. Utility/Telco/Bank statement with another bank in Singapore) where name must be the same as your Passport and Employment Pass I am not working in Spore, so do not have Employment Pass. |
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Apr 10 2018, 05:36 AM
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#1472
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24,392 posts Joined: Feb 2011 |
QUOTE(mrhseinpingq @ Apr 10 2018, 05:16 AM) I search online for Maybank Spore iSavvy, Please read the thread. All info are in the thread.http://info.maybank2u.com.sg/personal/depo...gs-account.aspx It said: Documents Requirement for Foreigners At the branch: Passport Employment Pass Proof of Mailing Address (i.e. Utility/Telco/Bank statement with another bank in Singapore) where name must be the same as your Passport and Employment Pass I am not working in Spore, so do not have Employment Pass. |
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Apr 10 2018, 05:39 AM
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211 posts Joined: Mar 2009 |
I went to ocbc few months ago. Got rejected tho. Saif I had to be working here or have a valid pass....
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Apr 10 2018, 08:48 AM
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#1474
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828 posts Joined: Dec 2010 |
QUOTE(mrhseinpingq @ Apr 10 2018, 05:16 AM) I search online for Maybank Spore iSavvy, No need. This one can apply in Malaysia maybank. No need go singapore.http://info.maybank2u.com.sg/personal/depo...gs-account.aspx It said: Documents Requirement for Foreigners At the branch: Passport Employment Pass Proof of Mailing Address (i.e. Utility/Telco/Bank statement with another bank in Singapore) where name must be the same as your Passport and Employment Pass I am not working in Spore, so do not have Employment Pass. |
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Apr 10 2018, 09:21 AM
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151 posts Joined: Jul 2014 |
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Apr 10 2018, 02:50 PM
Show posts by this member only | IPv6 | Post
#1476
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24,392 posts Joined: Feb 2011 |
QUOTE(tianqi @ Apr 10 2018, 09:21 AM) Ask yourself why do you want to open account in SG in the first place if you plan to close the account.If you want to close, better don't open in the first place. This post has been edited by Ramjade: Apr 10 2018, 02:50 PM |
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Apr 10 2018, 04:50 PM
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Junior Member
366 posts Joined: Mar 2006 |
QUOTE(young_97 @ Apr 10 2018, 08:48 AM) But need wait more than 1 month to make sure this account is open.After open, do we Malaysian need go Spore to verification or activate this account? Beside I found CIMB FastSaver able to open account too. |
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Apr 10 2018, 05:07 PM
Show posts by this member only | IPv6 | Post
#1478
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Junior Member
163 posts Joined: Oct 2005 |
For what I know..as of today 10th April 2018...
Both Singapore CIMB fastsaver account and Maybank iSAVvy Savings Account are for Singaporeans and foreigners like Malaysians with employment pass or PR status only. Those Malaysians who do not have employment pass or PR status in Singapore with resident address in Malaysia need to deposit S$250,000 to open a account in Singapore. |
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Apr 10 2018, 06:06 PM
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828 posts Joined: Dec 2010 |
QUOTE(mrhseinpingq @ Apr 10 2018, 04:50 PM) But need wait more than 1 month to make sure this account is open. No need go Singpaore for verification.After open, do we Malaysian need go Spore to verification or activate this account? Beside I found CIMB FastSaver able to open account too. CIMB FastSavers can only open with FAST transfer for the initial deposit from another account with your name |
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Apr 10 2018, 10:51 PM
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366 posts Joined: Mar 2006 |
QUOTE(fred131 @ Apr 10 2018, 05:07 PM) For what I know..as of today 10th April 2018... Wrong! Maybank iSAVvy can be opened in Maybank Malaysia, but need wait 1 months.Both Singapore CIMB fastsaver account and Maybank iSAVvy Savings Account are for Singaporeans and foreigners like Malaysians with employment pass or PR status only. Those Malaysians who do not have employment pass or PR status in Singapore with resident address in Malaysia need to deposit S$250,000 to open a account in Singapore. CIMB Fastsaver account can be opened by Malaysian not working in spore. |
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