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 Opening a Bank Account in Singapore

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moosset
post Feb 24 2020, 06:33 PM

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QUOTE(myrancid @ Feb 21 2020, 09:54 PM)
Get the HSBC premier account and you can request to open an account anywhere in this planet earth
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I don't think you can simply do that. You need to give them a reason.
myrancid
post Feb 24 2020, 11:31 PM

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QUOTE(moosset @ Feb 24 2020, 06:33 PM)
I don't think you can simply do that. You need to give them a reason.
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As a premier member, you can... I just told my premier relationship manager, that I’m going for yearly training in Singapore. Yes yearly.

This post has been edited by myrancid: Feb 24 2020, 11:33 PM
moosset
post Feb 24 2020, 11:52 PM

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QUOTE(myrancid @ Feb 24 2020, 11:31 PM)
As a premier member, you can... I just told my premier relationship manager, that I’m going for yearly training in Singapore. Yes yearly.
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yes, you got a reason. That's why.

I'm also premier but when I wanted accounts in other countries, they said I need to give them a reason.
myrancid
post Feb 25 2020, 12:03 AM

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QUOTE(moosset @ Feb 24 2020, 11:52 PM)
yes, you got a reason. That's why.

I'm also premier but when I wanted accounts in other countries, they said I need to give them a reason.
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My point is you can give a simple reason for them. They didn’t check on your passport or whatsoever. Good luck.
Ramjade
post Feb 25 2020, 01:25 AM

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QUOTE(moosset @ Feb 24 2020, 11:52 PM)
yes, you got a reason. That's why.

I'm also premier but when I wanted accounts in other countries, they said I need to give them a reason.
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Yeah. Tell them you are investing overseas. Is a valid reason.
Ramjade
post Feb 25 2020, 07:14 AM

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QUOTE(echoesian @ Feb 24 2020, 11:02 PM)
How to apply Singapore bank account online?
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QUOTE(Eurobeater @ Feb 25 2020, 05:57 AM)
Which online platform did you use to apply for the SGD Bank acc? Or did you apply it though the online platform of big banks? And which broker you used to exchange the money?
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To open online account the answer is Cimb fast saver.
Then use Cimb Malaysia to transfer SGD1k over.
Aftrr that use instsrem to transfer movie over.
All no need travel down to Singapore.

This post has been edited by Ramjade: Feb 25 2020, 07:14 AM
rehohk
post Feb 25 2020, 09:34 AM

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QUOTE(tadashi987 @ Feb 24 2020, 06:29 PM)
Tq so much
dChief P
post Feb 25 2020, 10:45 PM

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QUOTE(coolguy99 @ Feb 24 2020, 09:16 AM)
For Maybank I think you have to maintain at least SGD500 in the account otherwise there will be a fee.
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how about OCBC?
Ramjade
post Feb 26 2020, 06:13 AM

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QUOTE(dChief @ Feb 25 2020, 10:45 PM)
how about OCBC?
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Depends on what account is it.
Google ocbc pricing guide pdf. You have the answer to your question.
Typically range range from sgd500-3000
iamshf
post Feb 26 2020, 04:21 PM

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I have both the CIMB SG and MY acc opened.

How to use this acct to transfer in the SGD1000 to activate acct?

Via foreign TT?

tadashi987
post Feb 26 2020, 06:38 PM

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QUOTE(iamshf @ Feb 26 2020, 04:21 PM)
I have both the CIMB SG and MY acc opened.

How to use this acct to transfer in the SGD1000 to activate acct?

Via foreign TT?
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Ya flex.gif
iamshf
post Feb 27 2020, 01:46 PM

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Ernmm .. trying foreign TT this morning
But was rejected .. ask to check bank acc.

Do I need to add in swift code or IBAN.


Ramjade
post Feb 27 2020, 06:02 PM

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QUOTE(iamshf @ Feb 27 2020, 01:46 PM)
Ernmm .. trying foreign TT this morning
But was rejected .. ask to check bank acc.

Do I need to add in swift code or IBAN.
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Swift code, bank address doh.gif

This post has been edited by Ramjade: Feb 27 2020, 06:02 PM
iamshf
post Feb 27 2020, 08:12 PM

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QUOTE(Ramjade @ Feb 27 2020, 06:02 PM)
Swift code,  bank address doh.gif
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Ok .. managed to transferred sg acc.
Wasted RM10 service charge for foreign tt.

No service charges once MY SG acc linked

🤦
Ramjade
post Feb 27 2020, 09:26 PM

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QUOTE(iamshf @ Feb 27 2020, 08:12 PM)
Ok .. managed to transferred sg acc.
Wasted RM10 service charge for foreign tt.

No service charges once MY SG acc linked

🤦
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RM10 is the least of your worry. You can check money changer website like spectrum forex and see how much Cimb is actually earning from you.
iamshf
post Feb 27 2020, 10:41 PM

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QUOTE(Ramjade @ Feb 27 2020, 09:26 PM)
RM10 is the least of your worry. You can check money changer website like spectrum forex and see how much Cimb is actually earning from you.
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CIMB rate 3.065
Bigpay rate 3.03 .. first time is FOC

Now exploring investment acc in sg


cklimm
post Mar 1 2020, 03:29 PM

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Dear proud holders of Sg account(s), are we now obliged to declare this on efiling?

Attached Image

This post has been edited by cklimm: Mar 1 2020, 03:30 PM
David_Yang
post Mar 1 2020, 04:21 PM

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QUOTE(iamshf @ Feb 27 2020, 11:41 PM)
Bigpay rate 3.03 .. first time is FOC
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Any limit how much you can transfer with Bigpay in one transaction?
Ramjade
post Mar 1 2020, 06:38 PM

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QUOTE(cklimm @ Mar 1 2020, 03:29 PM)
Dear proud holders of Sg account(s), are we now obliged to declare this on efiling?

Attached Image
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I will declare.
What did you declare?
Ramjade
post Mar 1 2020, 06:39 PM

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QUOTE(iamshf @ Feb 27 2020, 10:41 PM)
CIMB rate 3.065
Bigpay rate 3.03 .. first time is FOC

Now exploring investment acc in sg
*
You cannot use bigpay for first transfer.

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