Does anyone know if the Maybank ISavvy SG account applies to foreigners?
I'm hoping this will work as CIMB Malaysia won't even let me open a current or savings account even with a valid work permit, so I wouldn't be able to go the CIMB route.

I use it as parking too for now, no frills no card account.

1. About 1-2 weeks after you got the account opening success/welcome SMS. You can still transact via SMS OTP if you have to before token arrives.
2. No fees so far - I recall there's no min balance and annual fee for a FastSaver
3. No need to go SG, although I got a call from a rep inviting me to drop by if ever I was in Singapore - most likely to sell investment products

Wow so happy to find this thread.  I've been trying to open a bank account in SG but having no luck.

I'm a foreigner from Canada living in Malaysia on a valid work permit, and I do have a Malaysia Maybank savings account. 
Does anyone know if the Maybank ISavvy SG account applies to foreigners?
I'm hoping this will work as CIMB Malaysia won't even let me open a current or savings account even with a valid work permit, so I wouldn't be able to go the CIMB route.

I mean other than that. What other benefits other than these 2?

There are more limitations with the Maybank Isavvy account when compared to UOB or standard chartered.

If I understand correctly, any Maybank MY customer can make use of the cross-border account opening service to get an account with Maybank SG.
You can visit any main/large Maybank with premier banking service to inquire about cross-border account opening service (only for SG).
They will certainly ask why you need the SG account, so you must have a good and valid reason.

If I understand correctly, any Maybank MY customer can make use of the cross-border account opening service to get an account with Maybank SG.
You can visit any main/large Maybank with premier banking service to inquire about cross-border account opening service (only for SG).
They will certainly ask why you need the SG account, so you must have a good and valid reason.

Canadian should have no problem opening. Only Malaysian. The ks to mega scandal.

So what should I write for the part asking "Reason for establishing an account in Singapore"?

For MBB isavvy, is investing in singapore a good reason?

So I just applied for my Maybank iSavvy account and they'll be couriering it to Singapore.  Had to pay 30RM for courier fees which they debited from my account.

Hopefully the process won't take too long. 

Wasn't asked for a bank draft or anything yet.

I thought you need to make an initial deposit of 500sgd? Maybe they have changed the process then..

So I just applied for my Maybank iSavvy account and they'll be couriering it to Singapore.  Had to pay 30RM for courier fees which they debited from my account.

Hopefully the process won't take too long. 

Wasn't asked for a bank draft or anything yet.

That's what I thought too.  I had the cash ready.  But they never asked for it. 

I prefilled out the application before I arrived so they basically just took it, photocopied some of my documents and said they'll call me.

It's only logic after your account can successfully created then only ask for your minimum deposit .

Ok Maybank just called me.  I need to go back to provide a $500SGD cheque, which then they'll take it out of my account.

Don't expect SG to have high bank rates. They are like US where interest is super low.

For MBB isavvy, is investing in singapore a good reason?

Hansel, prince_mk ,managed to open my DBS MCA at Marina Bay     
Thank you sifu 

Considering I am currently unemployed, it's a miracle they let me open. 

Here's how I manage to open. Requirement by DBS to open account with them
No 3 was problematic. I decided to go the way of opening a Philips account first. Once I opened that, I had a copy of application proof which I can give to the bank. They were problematic as well and refuse to open without a Singapore bank account. But somehow they told me we will open for you and hang on to your application unless you can provide us the Singapore bank account no. They did give me a proof of application. This was done at Toa Payoh branch.

Headed over to Marina Bay. Told them want to open Vickers and MCA. Apparently one cannot open Vickers without a bank account. So had to deal with MCA first.

Note:
Now MCA have foreign charges regardless when you open starting next monday. All MCA have free first 5 years annual fee waiver. Then after the 5 years, you are required to pay SGD12 for another 5 years = SGD2.40/year.

May i know why is it necessary to open a phillip account before opening a dbs account

wow thats a long time ago..

coz to open ac with DBS need a valid reason. And i do not think this reason will be entertain now. However u can try.

The best bet for SINGAPORE bank ac would be MAYBANK .

wow thats a long time ago..

coz to open ac with DBS need a valid reason. And i do not think this reason will be entertain now. However u can try.

The best bet for SINGAPORE bank ac would be MAYBANK .