Hi guys hope I can get some feedback.
I'm currently in Singapore going around doing the rounds to try open an account.

My situation:
Malaysian Resident no Singpass no work permit in SG

Today I visited
DBS MBFC
DBS South Bridge
DBS Singapura Plaza

I might have just visited the branches on a bad day because I noticed all 3 branches have staff with Trainee badges on at the front.

DBS MBFC told me they can't open the account without approval from Vickers team, went to check with someone else on the team.
Vickers team say they can't open an account without a Savings account open first and don't communicate with branch team...
Stuck between 2 groups that don't want to make a move...

DBS South Bridge staff said its not possible went to check with someone else 2-3 times, she was very helpful offered to submit the documents but needed to go photocopy ID and docuents which made no sense?
Why not just scan ID or take digital copies from my email. So I left.

DBS Singapura Plaza was the most helpful... same thing front staff said not possible. Went away twice to speak to someone. Finally got introduced to the Team Head of the branch and he said yes we could potentially open an account it's subject to approval and want to understand what your plans are for the account.

He introduced me to a colleague who started to offer me a product called "Manulife Invest Ready" which seems like a forced savings scheme.
I needed to deposit $1,000SGD a month for 10 years with the option to stop at 10 years and withdrawal at 13 years.
I was told I would get a transaction account, option to open a Vickers but would need to commit to depositing each month to this fund.
If i stopped this fund then the savings account would be closed.

Any suggestions on how to word my enquiry when I arrive at the branch?

I'm here for another day, but I can extend the trip if needed.

I also just chanced my luck at OCBC and UOB.

UOB said they have a product available but it requires $20,000 SGD to open and that someone would call me to discuss.

Same with OCBC, they took my details down and someone will reach out to discuss options.

DBS because can submit online with Malaysian IC prior to Singpass activation
And the card got nets

Then when got Singpass alr
Go open Trust bank for 2%pa interest n NTUC points

Hmm okies. Hope will arrive safely. Im not around for sometimes. Will be outstation

First time access is now sent via sms and email after approval which takes around 1-2 days after application. Only debit card via post.

for me, I apply at the Maybank branch, so I will receive 4 letter from Maybank SG separately, 2 letter+2 letter

Seems like they want me to start a fixed deposit for 5 years or invest into a mutual fund that can be withdrawn at my choosing.

Can split between the two.

The bank staff gave an example of investing into their mutual fund made up of US stocks + other countries. Then if the market does well she said some clients withdraw in 1 - 2 years.

At the same time she said you get a bank account with a minimum $1,000 SGD balance required. Sounds like their "UOB One" product.

I haven't got the amounts to invest yet.

But maybe there's an option with UOB now too?

Will report back when I find out more.

Hi everyone! Would like to ask those that have the Maybank iSavvy account, how do you get bank statements? It seems that I am unable to get an estatment from M2U SG and I don't recall receiving any hardcopy statements. I tried searching on the FAQ but it doesn't seem to clearly state if iSavvy is eligible to get estatement. Would like to ask you guys here first before I burn money to call Maybank SG.

I wish to apply for CDP account on SGX but I need to get a bank statement that I can't seem to find it on M2U SG. Appreciate any information shared, thanks

Initially I opened the iSavvy account as Maybank is listed under MAS licensed bank. But when I finally got around to starting the CDP application, I realised that there is no statement available 
Yeah, I tried to download the simple summary but it doesn't show an official Maybank letterhead with account details. Its either I check with the Maybank MY banker that processed my application or contact Maybank SG directly.

Unfortunately I don't have accounts with the DBS/UOB/OCBC in SG 
I'll give Maybank SG a call soon.

If can't I'll save up extra money to prepare for opening an account with DBS SG.

Er wrong. You go to mbfc and open dbs Vickers with a dbs account. They will open a CDP account for you. Now you know why I said sg are so old fashion Vs US and Europe? You can buy us treasuries using interactive broker unlike sg.
You will need to travel to Singapore. Go mbfc and open dbs Vickers, dbs account and they will auto open a cdp account for you. No need working or study pass. Subject to approval. Just bluff them say you want to to buy sg treasuries or invest in sg market using DBS Vickers. Once opened they won't keep track if you actually buy or not

Ah I see, I thought its as long I have an account with any of the listed.



nope, no pass

Er wrong again. I opened mine without any pass and I suspect if you push dbs staff at mbfc. they will opened. Only valid for mbfc. Cause I saw somewhere on dbs page, you don't need pass to open a DBS Vickers and DBs account. That was like 2 years ago memory.

I already have CDP account. They open for me together with my dbs Vickers and DBs bank account. Use few  months and find them to be so inefficient. Never invest into sg stuff anymore.

I dont need ssb or tbills. I use mmf instead. Take the easy route. No need pening kepala.
He didn't push. I push. Cause my situation back then was like him. We we cannot open for you if you don't have DBS Vickers account. We cannot open dbs Vickers account for you if you don't have sg bank account. I was like I travel so far here, just open both account together can or not?

Are you sure? The wabsite list down you need 7 bank then Maybank also inside the list wor

Oic, open CDP account also need FIN number ah, Singapore so kiasu lah...
For me ok lah, I dont care SG-T bill, SSB, bond, I just want buy Singapore REIT only, I have FSM SG also can buy

That's you income tax number.

Here's the official black and white.
https://www.dbs.com.sg/personal/investments...bsv-account-mca

So yeah it still stand. Just need to make the travel.

Er yes. That green box have always been there even when I opened my account.

HSBC out of question. Usually they want priority banking.

TOS that's why you see I lost stuff so that ordinary Malaysian without priority banking access/working or studying in Singapore can have access to overseas stuff.

Just because someone is rich and have priority access they can open account easily. Normal people like me don't stand a chance if we don't have priority banking. That's why you don't see me promote anything priority banking way. My way are for normal working folks in Malaysia who just want to invest overseas.