go here https://www.maybank2u.com.sg/en/personal/cr...casa/index.page open MBB sg bank acct. then transfer S$1k from MBB sg to CIMB sg. pick ar-rihla (cheapest min balance to maintain, S$200)

This post has been edited by Medufsaid: Jul 18 2025, 01:51 AM

link your MBB sg Paynow ID to your malaysian phone number, then follow these steps to DuitNow overseas transfer S$200 from MBB malaysia

Fantasia below S$850 Duitnow Overseas Transfer can equal/beat Sunway money

I suggest you learn how to err... google?



This post has been edited by Medufsaid: Jul 21 2025, 07:26 PM

if don't want to use SGD route, u can now buy LSE / USA etfs in FSMOne, and send to IBKR

DuitNow daily limit RM3k. between RM3,000 to RM50,000 can use Sunway Money. after that can use Maybank Overseas transfer up to RM100kmonthly 1st withdrawal free for all kinds. below is the fee u need to pay if need to make 2nd withdrawal in 1 month



this doesn't include forex fees. e.g., if want to convert USD to SGD in IBKR, have to pay USD2. so if u just want to withdraw RM500, you'll find that Wise will be cheaper

This post has been edited by Medufsaid: Jul 28 2025, 01:12 PM

SwarmTroll because you'll be working in singapore soon, it might be better for you to open a proper singapore bank acct before creating a CIMB sg acct to remit money back to MY. many sinkies open CIMB sg acct bcos of good interest rates anyway https://forums.hardwarezone.com.sg/threads/...176026/page-314

alternatively, you can open a MBB sg bank acct right now for your banking/salary needs, and also use it to open CIMB sg acct. it'll also give you access to atm5 network in SG https://www.maybank2u.com.sg/iwov-resources...atm-network.pdf. but MBB sg is not a full fledged bank compared to home grown banks like DBS

This post has been edited by Medufsaid: Jul 29 2025, 06:15 AM

oh wait i forgot, if you have valid employment letter u can open OCBC sg acct before stepping foot into SG https://www.ocbc.com/personal-banking/digit...sg-bank-account no fall-below fee for the first 12 months

SwarmTroll bcos this is a sg bank thread. so naturally the IBKR users will be here

there's Moomoo/webull/FSMOne and even tiger brokers users in this subforum

you can use the other threads in this sub forum, esp the Stock Exchange sub forum, to ask

maybe u can elaborate more on your investment experience so far. e.g., beginner in investing / already own malaysian stocks / what's your expectation in investing in stocks. and so on

This post has been edited by Medufsaid: Jul 30 2025, 07:00 AM

MasBoleh! Wise SGD cash transfer to HSBC SG - SGD cash balance is considered local transfer. all Wise cash are located at their origin country.

e.g., USD in USA, GBP in UK, EUR in SEPA

incoming foreign funds will kick in if transferring money to different country. in elea88's case, USD from USA enter DBS sg (USD in SG)

i asked a friend who registered last month with MBB sg to login in app. he can still login from malaysia

SwarmTroll scroll back. you totally forgot about MBB SG and OCBC SG. which allows u to get debit cards before setting foot into sg. CIMB SG is an ATM card. not even a real debit card

problem with wise is, the debit card only allows 2 free monthly withdrawals. up to RM1,000 total https://wise.com/my/pricing/card-fees?sourc...SGD&track=false

SwarmTroll u can close MBB SG 6 months after opening so just "use" them for the first 2-3 weeks

CIMB SG has PayNow QR function. to open CIMB sg u need to deposit SGD1,000 from banks (wise is not considered a valid bank by CIMB). Either option below

1. CIMB MY (forex fees will be additional RM60 compared to what Sunway Money will charge)
2. other SG banks

no ATM card will be provided unless you pay S$10. And only 1 Cimb outlet in sg which is at raffles place

I think wise is ok if you just use it as a card without withdrawal. take note that Wise Debit card will incur S$0.60 daily surcharge if u use for public transport as it'll be registered as a foreign card, unless u use SMRT stored value card

This post has been edited by Medufsaid: Aug 15 2025, 11:04 PM

once you open MBB sg you have access to Duitnow Overseas Transfer which is cheaper than Wise MYR->SGD (during office hours). use that to send initial deposit

This post has been edited by Medufsaid: Aug 16 2025, 09:17 AM

you might not get hibah if you close under 1 year https://www.maybank2u.com.sg/iwov-resources...lar-Savings.pdf

This post has been edited by Medufsaid: Aug 16 2025, 11:48 AM

SwarmTroll i recommend u pay close attention to my screenshot. there is

• Maybank Overseas Transfer
• Duitnow Overseas Transfer

kucingfight not working, blank page. u might have to start from the previous page. or ask to login first



Then again, now already after working hours. Cheaper to send via wise now and call it a day

This post has been edited by Medufsaid: Aug 19 2025, 08:19 PM

SwarmTroll MYR->SGD yes but u have to declare if bringing in more than SGD20k physically SGD->MYR no https://cashchanger.co/malaysia/mc/max-mone...ey-megamall/520

This post has been edited by Medufsaid: Aug 20 2025, 09:01 PM