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 Opening a Bank Account in Singapore

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nexona88
post Dec 15 2015, 08:13 AM

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QUOTE(prince_mk @ Dec 14 2015, 09:50 PM)
Ok done with opening.next is to decide what to buy tongue.gif
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congratz biggrin.gif
dasecret
post Dec 15 2015, 09:58 AM

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QUOTE(prince_mk @ Dec 14 2015, 09:50 PM)
Ok done with opening.next is to decide what to buy tongue.gif
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rclxms.gif so looks like it's not as hard as it sounds
wil-i-am
post Dec 15 2015, 04:04 PM

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QUOTE(prince_mk @ Dec 14 2015, 09:50 PM)
Ok done with opening.next is to decide what to buy tongue.gif
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Is their KYC process stringent?
Hansel
post Dec 15 2015, 04:50 PM

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QUOTE(prince_mk @ Dec 14 2015, 09:50 PM)
Ok done with opening.next is to decide what to buy tongue.gif
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Have you also opened a brokerage account ?
prince_mk98
post Dec 15 2015, 05:20 PM

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QUOTE(Hansel @ Dec 15 2015, 04:50 PM)
Have you also opened a brokerage account ?
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thanks Hansel. one acc already took me abt 1 1/2 hrs. luckily they allowed me to do so.

i brought along a relative who residing in Sg. then only they would consider my application.

so far so good. I din open the brokerage acc coz time consuming and also SC offers the lowest brokerage fee.

I m looking at the long term investment. maybe in future I will consider abt the brokerage acc. blush.gif
nexona88
post Dec 15 2015, 05:25 PM

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QUOTE(prince_mk98 @ Dec 15 2015, 05:20 PM)
thanks Hansel. one acc already took me abt 1 1/2 hrs. luckily they allowed me to do so.

i brought along a relative who residing in Sg. then only they would consider my application.

so far so good. I din open the brokerage acc coz time consuming and also SC offers the lowest brokerage fee.

I m looking at the long term investment. maybe in future I will consider abt the brokerage acc.  blush.gif
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so u open using your relative Singapore address tongue.gif
Hansel
post Dec 15 2015, 07:33 PM

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QUOTE(nexona88 @ Dec 15 2015, 05:25 PM)
so u open using your relative Singapore address  tongue.gif
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I don't think so,....I believed prince was able to open using his address in Msia. It's not that difficult,...
prince_mk
post Dec 16 2015, 10:35 AM

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QUOTE(nexona88 @ Dec 15 2015, 05:25 PM)
so u open using your relative Singapore address  tongue.gif
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I use Msia address. Dont want trouble relative. smile.gif
prince_mk
post Dec 16 2015, 10:39 AM

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Now go to wait for 3 w/days to start the game.

Keppel reit, Cache Logistic, Soildbuild and Aimsamp.

Planned to put long term and the proce was quite low.
prince_mk
post Dec 16 2015, 10:40 AM

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QUOTE(wil-i-am @ Dec 15 2015, 04:04 PM)
Is their KYC process stringent?
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Quite also. The Manager asked alot of questions.

More stringent. Ocbc doesnt allow me to open.
Ramjade
post Dec 16 2015, 10:42 AM

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QUOTE(prince_mk @ Dec 16 2015, 10:40 AM)
Quite also. The Manager asked alot of questions.

More stringent. Ocbc doesnt allow me to open.
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What questions? SCB?
prince_mk
post Dec 16 2015, 10:52 AM

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QUOTE(Ramjade @ Dec 16 2015, 10:42 AM)
What questions?  SCB?
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Why do u wan open? How much you intend to put? But i can show to them i m staying with relative in sg.

But the approval is case to case basis. I brought along around sgd20k.

Do u plan to open an acx in sg?
Ramjade
post Dec 16 2015, 11:08 AM

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QUOTE(prince_mk @ Dec 16 2015, 10:52 AM)
Why do u wan open? How much you intend to put? But i can show to them i m staying with relative in sg.

But the approval is case to case basis. I brought along around sgd20k.

Do u plan to open an acx in sg?
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In the future. Perhaps 3 years time. Sgd 20k cash?
prince_mk
post Dec 16 2015, 12:12 PM

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QUOTE(Ramjade @ Dec 16 2015, 11:08 AM)
In the future. Perhaps 3 years time. Sgd 20k cash?
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Yes cash so that they nay consider my application
Ramjade
post Dec 16 2015, 12:14 PM

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QUOTE(prince_mk @ Dec 16 2015, 12:12 PM)
Yes cash so that they nay consider my application
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How did you carry usd10k worth of cash pass Malaysian customs?
prince_mk
post Dec 16 2015, 12:42 PM

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Just put half in sling bag and half in luggage. They dont really check. Put a bottle of water in sling to distract their attention.
prince_mk
post Dec 16 2015, 12:43 PM

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Just act cool.
nexona88
post Dec 16 2015, 01:04 PM

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QUOTE(prince_mk @ Dec 16 2015, 12:42 PM)
Just put half in sling bag and half in luggage. They dont really check. Put a bottle of water in sling to distract their attention.
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or bring another person like wife or parents.. Spread among all biggrin.gif
Hansel
post Dec 16 2015, 01:33 PM

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QUOTE(prince_mk @ Dec 16 2015, 12:42 PM)
Just put half in sling bag and half in luggage. They dont really check. Put a bottle of water in sling to distract their attention.
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biggrin.gif
orangbulu
post Dec 16 2015, 01:40 PM

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QUOTE(Ramjade @ Dec 16 2015, 12:14 PM)
How did you carry usd10k worth of cash pass Malaysian customs?
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Usually Malaysia side don't check. It's the Singapore side checking. Also if you bring 20k sgd in 1k note it's only 20 notes. You can just put inside wallet

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