Regarding the Islamic Fastsaver, I'll be honest I actually didn't know lol. I just bookmarked a link that was previously in this thread. I'll check out the regular fastsaver.

Will check out Instarem. Thanks for the advice

I think he's referring to Binance.sg which is different from Binance.com

I just registered for binance.sg and the verification process needs an SG SIM for OTC...

I have a Maybank SG ISavvy savings account and it's in SGD.

Am I able to open a USD savings account? Has anyone tried?

Let me know if you find out how to get past the SG number requirement. I'm stuck as well.

I was able to open my Maybank ISavvy account and the whole process took about a month. I wrote a timeline for my experience with it, check my post history.

With my SG Maybank ISavvy account, I was already able to transfer money from my Maybank ISaavy account over to my CIMB Fastsaver account.

From Maybank MY to Maybank SG, I used Instarem and it arrived within 24 hours.

Ok so I was able open my CIMB SG Fastsaver account all online, and within a week. I'm seriously impressed how fast I was able to open it compared to the Maybank ISavvy account.

Here's the timeline for opening my account.

Friday May 31st
- Applied for the CIMB SG Fastsaver account online. They required my passport, utility bill (I used my TM Internet Bill). Filled out my details and at the end I received my account number, and instructions on how to send money.

Saturday June 1st
- Earlier in the week I got my Instarem account approved (Thanks Ramjade for the heads up) and I used the payment system to send my MYR (Maybank) to my Maybank SG ISavvy Account in SG currency

Sunday June 2nd
- My funds were received to my Maybank SG ISavvy account the next morning and I used the FAST transfer to send it to the CIMB Fastsaver account.

Monday June 3rd
- Received a phone call from someone at CIMB SG asking verification questions, and also the purpose of my account. I told him to fund my forex accounts in SG.

Tuesday June 4th
- Received a text message this afternoon with my activation code and today I'm able to log in and see my $1000SGD in my account.


Total time to open my account, 5 days.

You'll need to have an existing SG account to open the CIMB SG Fastsaver as the payment needs to come from an SG account. Since I don't have a Malaysia CIMB account (I'm an expat) I'm not able to do a clicks transfer.

So all in all, a very easy process since I already have a Maybank Singapore ISavvy account.


Hope this helps anyone looking to open the Fastsaver account and doesn't have a Malaysia CIMB account.

I still have $500SGD parked in my Maybank SG account. I simply used that account to fund the CIMB Fastsaver account with $1000SGD

Since I can't open a CIMB Malaysia account due to being an expat I'm not able to send via CIMB Malaysia to CIMB SG.

So this method is the only method I could do to open.

Hi All.

For those who have been able to open a Maybank SG and CIMB SG account, has anyone been able to add a USD or any other foreign currency account with either of the banks?


I have successfully opened both Maybank/CIMB SGD accounts (And I'm a foreigner here in KL from Canada), but I'm looking to open up a USD account with either of the banks.


Just wondering if anyone has had any success.

Sorry if I wasn't clear but I wanted to open a USD account with Maybank SG or CIMB SG, not in Malaysia.


I think the OCBC route is limited to only a few countries (Malaysia HK and a few others if i remember correctly), but Canada wasn't eligible.

Thanks Ramjade. I'll look into the DBS Route.


I have my banks in Canada still but trying to find a better location for my USD. Don't want to leave it in Malaysia so I was hoping someone had been able to open a multicurrency account with Maybank SG / CIMB SG since those are the only two I have in Singapore.

How did you manage to open a regular DBS account?

It definintely is easier if I use my Canada/USA bank accounts but I prefer not to. Since i gave up my canada residency (not citizenship) when I moved overseas, i don't owe anything to Canada anymore. But if they see large movements in my banks that will ring a few bells and Canada will knock on my door asking for taxes lol. That's why I was hoping Singapore would be a safe bet.

But I'll probably look into the DBS route or even the IBKR route as well. Thanks all for the responses!

Is anyone else missing the Duitnow Overseas option?

I only have Overseas when I use the Oversea option

Thanks! worked!

Thanks! Maybank website method worked too. Was so confusing cause I didn't set SGD lol.

For those of you who have been able to open a Maybank SG account, has anyone been able to open a USD currency account?

I called twice on separate occasions to ask and one agent said not available for Malaysia residents, and the other says I can but need to go to a branch in SG to open.

Anyone have a Maybank SG USD currency account?


or

Does anyone know of a way to get a USD currency account in Singapore?

In case anyone wanted a USD account in Singapore.


I was actually able to open a Foreign Currency - USD account with CIMB SG. Since I already had an account with them, the cs agent when I called said I just have to just desktop (opening USD account wasn't available on the app) under services and apply for the account.

Put in all my details, thought it would take a few weeks. Logged in the next day and my USA account was there. Did a test transfer from Instarem into the USD account and got the deposit late in the day. Minimum balance is USD $1000