InstaREM can be verified via online or must present?

alexanderclz, I have no prior experience of sending money via Instarem to Maybank Singapore, because I use another Singapore bank, to receive my money sent via Instarem.

Anyway, same as most of you, I have Maybank Singapore iSavvy Savings Account.

For individual customers like us (whether we are Malaysians or Singaporeans), our iSavvy Savings Account are in Maybank Singapore Limited, not Malayan Banking Berhad, Singapore Branch.

So, you should use instead SWIFT code of MBBESGS2.

Why am I saying that? When I receive official letters from Maybank Singapore via post, the sender of letters is Maybank Singapore Limited.

Malayan Banking Berhad, Singapore Branch is meant for enterprise customers from international countries, I think. Even the account of business customers (SME Banking and Commercial Banking) are also in Maybank Singapore Limited.
In my opinion, for roarus's case, after Malayan Banking Berhad, Singapore Branch receives roarus's money from Instarem, Malayan Banking Berhad, Singapore Branch will internally transfer roarus's money, to Maybank Singapore Limited which should be the correct recipient bank.
alexanderclz, to know more about the difference between Maybank Singapore Limited and Malayan Banking Berhad, Singapore Branch, just read the link you quoted, https://info.maybank2u.com.sg/about-us/loca...orporation.aspx.
After all, Maybank Singapore Limited and Malayan Banking Berhad, Singapore Branch belongs to the same Maybank Group.

you are right

Thank you for your email.

With regard to your enquiry, for Retail (personal banking, privilege wealth and premier wealth), Private Wealth, SME - Retail, Small Medium Enterprises (RSME) Banking and Commercial Banking (CMG), the following is applicable.

Bank Full Name
Maybank Singapore Limited

Bank Code
7302

SWIFT BIC
MBBESGS2

Should you require any further assistance, please feel free to contact our Customer Relationship Executives at 1800-MAYBANK (1800-629 2265) or (65) 6533 5229 (Overseas).

So for Maybank SG iSavvy account, should use:

Bank Full Name
Maybank Singapore Limited

Bank Code
7302

SWIFT BIC
MBBESGS2

?

alexanderclz, sorry, I have not used BigPay yet, for fund transfer to Singapore.
I am pretty sure that you are a regular in BigPay thread who is well aware of any latest development in BigPay. And yet, you ask this question here, probably because there is no one yet in BigPay thread, who has posted the nature of BigPay fund transfer to Singapore.
Alright, other experts here can definitely give better answer than me.
For conversion from MYR to SGD via Instarem, you have to pay transaction fee, which is worth 0.45% of your conversion amount to Instarem. Naturally, the more you convert MYR to SGD, the more expensive the transaction fee you have to pay to Instarem. This is one major disadvantage of using Instarem.
For conversion from MYR to SGD via BigPay, you have to pay a fixed transaction fee (of RM 8.00, if I am not mistaken), regardless of your conversion amount. For sure, we also have to compare the currency exchange rate between Instarem and BigPay.
As such, if you intend to transfer a huge amount of SGD to Singapore, we do agree that it is more cost-effective to use BigPay, assuming almost similar currency exchange rate between Instarem and BigPay.
I am sorry that I cannot offer you a better advice, since I have no prior experience of using BigPay international fund transfer. As a very normal person, I just do not have deep pocket, as compared to many experts here who invest a huge amount of money in Singapore Exchange, and/or in share market in other countries via whitelabels of Interactive Brokers.

Transferwise partners with Tranglo Sdn Bhd (bank account with CIMB) to send RM in Malaysia. All transfers are sent as IBG, not instant transfer. Therefore, you will get your money faster if you send it to your account at CIMB. It's basically an internal transfer within CIMB.

oh ok thx....have u tried the RM to SGD transfer? Is it in line with other banks, like 1% to 2% above Instarem rates?

online

alexanderclz, thank you for sharing your experience and comparing between BigPay and Instarem.
It is a pity that TikFx (an agent acting on behalf of BigPay) resorts to using GIRO, for fund transfer to our Singapore savings account, instead of FAST. I wonder that the company has to pay higher fees for FAST, and thus chooses to use GIRO, as a cheaper means of fund transfer. I am not sure about the rate of FAST and GIRO to be paid by companies.
If TikFx can offer better MYR to SGD currency exchange rate than Instarem, we can still tolerate longer waiting time, for fund transfer via BigPay.
One interesting to note is that TikFx is a product of Tranglo Sdn Bhd, who is an agent for TrasnferWise.
Posted by other user:
alexanderclz, after you transfer MYR to Instarem via FPX, your Maybank Singapore iSavvy savings account receive your SGD from Instarem Singapore 5 minutes later via FAST, right? That is fast, which is good for you.
Some posters managed to get their SGD around 30 minutes and 45 minutes later. Other posters managed to get it on the evening of the same working day.
My experience of using Instarem is generally poor, because I tend to receive my SGD on the next working day. That is despite that I transfer MYR to Instarem Malaysia via FPX, in the morning of a working day. My transfer amount is just small, and both Instarem Malaysia and Instarem Singapore cannot explain why my transfer is relatively slow. Just not my luck, I guess. 
Yggdrasil also posted a comparison between Instarem, BigPay and Transferwise in  https://forum.lowyat.net/topic/4857608.

Only for Instarem Singapore. Not Malaysia.

Yes bro,... you can. Just follow the steps in the CIMB SG website. If you have a CIMB Msia account, you can use this acct to transfer in the SGD1000 to activate your acct...

After you bank-in the SGD1k, you need to wait one day for the acct to be activated.

Sometimes, CIMB SG may ask you to send them again some identification documents because they may have 'lost ' the earlier documents you emailed to them. Just follow their requests.

No issue, bro,...

what do u mean?

If you are opening instagram Malaysia you still need to meet the in person. That's why for people staying like in Perak,  they don't serve that state hence need those people cannot open. You sill need to need to take leave and come to state which they serve and meet them manually.

If you are opening instarem Singapore, just sign up using MyInfo is enough. Then again you need a Singapore address before accepting you as a customer.

hmmm I didn't meet anybody to open also

You went to their office and open?

nope, everything online. kyc verification just snap snap the ic as usual.

If you are opening instagram Malaysia you still need to meet the in person. That's why for people staying like in Perak,  they don't serve that state hence need those people cannot open. You sill need to need to take leave and come to state which they serve and meet them manually.

If you are opening instarem Singapore, just sign up using MyInfo is enough. Then again you need a Singapore address before accepting you as a customer.

I also opening the instarem account all going through online, snap photos driving license/ic, selfie, everything do online.

Afterthat everything done, just find out cannot use Malaysian instarem to transfer SGD to MYR, so I just change to TransferWise.

i don't know why ibstarem can't activate my account after I uploaded .

Thank you for your application and interest in InstaReM.

As per our internal policies, we are unable to activate your account. Unfortunately, we are also unable to disclose the reason for the same.

wow