You can activate it online/call them. For 2FA, better use token. Initially you will be prompted to use sms. But after register your token, you can choose token or sms. I always choose sms.

Don't think so. Mine case was I was in Singapore and the pin didn't come yet. Request for new card + pin (on the spot)

Ignore that. I also received that. As long as OTP sms can reached me, cukup.

You do TT from which bank?

Ok. That confirm it. No agent fees if Maybank > Maybank.

No. That's bank fees. If there's agent involve, it will be SGD10 (bank fees) + SGD10 or 20 (agent fees)

This post has been edited by Ramjade: Mar 31 2017, 12:11 PM

I know if use alliance got extra SGD20 charge.

You can open up a Maybank SG foreign currency account (USD) and get your USD into that account. There will be charge. If you don't want charge, your only choice is
Cimb SG foreign currecny account.
http://www.cimbbank.com.sg/en/personal/sup...es&n=remittance

I guess so. Just email them and asked.

Just pay. Don't be cheapskate
Mine was using poslaju.

This post has been edited by Ramjade: Mar 31 2017, 12:50 PM

Share more here please.

Foreign currency account. Read this whole thread. Info is all in this thread.

This post has been edited by Ramjade: Apr 6 2017, 11:54 PM

All info are readily available in this thread. All he needs to do is just read from page 1.
- If he is willing to read the whole thread, he will get the info he needed.
- If he not willing to read, well, he can't have his Singapore bank account.

Even if he doesn't want to read 50+ pages, I believe the last 20 should be more than enough.

This post has been edited by Ramjade: Apr 7 2017, 11:31 AM

First, I have already wrote a lengthy post somewhere in this thread on how to get an account.
Second, takkan want to spoonfeed everybody who ask "how to open a SG account?" when the info is available in this thread. Like Showtime said, it's better to teach a man to fish than give him a fish.
Third, all infos are readily available. I read and reread this thread numerous time before taking action from first page for almost 6 months. If I can read and reread this thread numerous time, why can't others?

At least I didn't tell them you cannot open account anymore. I told them to read aka do your homework before asking

Also, I am not like some people who charge SGD1000 in exchange for info on how to open Singapore bank account

Must do homework first then ask for help if don't know what.


Kasi people for free. Up to them whether they want to do homework or not.

This post has been edited by Ramjade: Apr 7 2017, 12:13 PM

Don't bother with withdrawing cash from malaysia using that card. Use that card if you want to deposit money in SG.
Pin comes in the letter. Unless you never change the PIN yet, that will be your default PIN.

Hi,

I haven't get mine (letter or anything other than sms from my broker) but from my family who got it already, there's no security token yet. (not sure if otw, or don't have). I believe you can request for one.

See this (select security)
http://www.maybank-ke.com.sg/contact-us/faqs/ke-trade/

If cash account, one will be given by SGX CDP. Can use one token for 2 site (SGX CDP + Maybank KE)

This post has been edited by Ramjade: Apr 9 2017, 05:20 PM

Q: mind to share why you accept that shared hold NOT under your CDP/name?
A: I am not transferring CDP to Maybank KE. Any shares I buy with DBS Vickers stays with CDP unless Maybank KE can give me free transfer (which they don't so won't transfer). Any additional shares I buy I will use Maybank KE. Reasons:
(i) Maybank KE buy/sell cost SGD10/transaction (not sure if they extend the promo next year). DBS Vickers to sell cost SGD25 (my 2nd issue. Buy at SGD10-18 but sell at SGD25)
(ii) Need to contact DBS Vickers before selling (my main issue with DBS Vickers) or else selling cannot go through (as what they told me in their email)
(iii) I don't attend AGMs (too far and no money to go so frequently). So no CDP no problem. After all, if I really want to attend, just buy some shares with DBS Vickers and buy the remainder with Maybank KE. (eg buy 1000 shares using DBS Vickers, next round buy with Maybank KE). You can attend AGM too if you use Maybank KE. Just need to inform your broker/remisier.
(iv) With DBS Vickers, I cannot apply for rights issue (only SGreans can apply rights). They will auto sell my rights. With Maybank KE, can apply for rights

Q: Why not Standard Chartered?
A: - Simple. They don't let me have their bank account. No bank account = no trading account as bank account is they said it's compulsory to open account first. Went to 3 branches in SG. All reject me. Only way to get the bank account:
(i) buy insurance investment from them
(ii) take loan
(iii) become priority customer

I gave up on getting their account

Also, they are not the cheapest for US. If you want to buy US ETF, be prepared for the 30% with holding tax. Only way to get around this tax is buy from ETF listed on London Stock Exchange which mirror the US counterpart. That way, only kena charge 15% tax. If you really want to buy US stocks, take a look at 8 securities, Based in HK with zero commission.

Q: Which would you advice if i were a small retail trader ($2000 max each trade)?
A: Anyone will do. If you prefer keep in CDP, DBS Vickers Cash Upfront. If you want cheaper, Maybank KE prefunded/Standard Chartered (if you can get account with them). For me I want cheaper as I am stingy with cost and since Maybank KE let be buy at SGD10/transaction until end of the year I wills stick with them after DBS Vickers promo expired in June as come July, DBS Vickers will charge SGD18/transaction. Next year, I am sure Maybank KE have SGD10 promo some more

For now, I stick with DBS Vickers until end of June. Come June, I will buy from Maybank KE.

Hope this answer your question.

This post has been edited by Ramjade: Apr 9 2017, 07:30 PM

Some info wrong. Later I correct you.

Anything I miss out?

This post has been edited by Ramjade: Apr 9 2017, 10:18 PM

Well I guess it's perfectly fine as no one can withdraw that money from trading account as gark said. To withdraw out to your saving account, need to contact our remisier first.

Actually they can you know. Queue your selling at way lower price than you what you bought them incurring huge loesses to you. "From The Dark Knight Rises scene where Bane sells off all of Bruce Wayne's share at a massive loss making him broke "

They tole me need to contact them every time. Very strange.