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 Opening a Bank Account in Singapore

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post May 6 2020, 09:24 PM

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QUOTE(David_Yang @ May 6 2020, 08:59 PM)
Don´t waste your time with hotlines, go to the preferred center and talk to your RM.
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this thread is mainly for those with non-preferred status btw
EddieBrock
post May 8 2020, 02:35 PM

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Anybody tried applying Maybank Isavvy?

Was told that employment pass is needed for account opening

Investment purpose is no longer allowed to open
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post May 8 2020, 02:36 PM

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QUOTE(EddieBrock @ May 8 2020, 02:35 PM)
Anybody tried applying Maybank Isavvy?

Was told that employment pass is needed for account opening

Investment purpose is no longer allowed to open
*
malaysia branch?
EddieBrock
post May 8 2020, 02:42 PM

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QUOTE(!@#$%^ @ May 8 2020, 02:36 PM)
malaysia branch?
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Yes malaysia branch

Anybody successfully bypass this requirement?

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post May 8 2020, 02:47 PM

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QUOTE(EddieBrock @ May 8 2020, 02:42 PM)
Yes malaysia branch

Anybody successfully bypass this requirement?
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almost all if not all of us who open via maybank my didn't need that. which branch did u go to?
EddieBrock
post May 8 2020, 02:50 PM

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QUOTE(!@#$%^ @ May 8 2020, 02:47 PM)
almost all if not all of us who open via maybank my didn't need that. which branch did u go to?
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They asked for purpose of opening account

What reasons did you guys give?
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post May 8 2020, 02:51 PM

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QUOTE(EddieBrock @ May 8 2020, 02:50 PM)
They asked for purpose of opening account

What reasons did you guys give?
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investment, like what most of us did
EddieBrock
post May 8 2020, 02:55 PM

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QUOTE(!@#$%^ @ May 8 2020, 02:51 PM)
investment, like what most of us did
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Why did the Maybank staff told me it is not allowed lol

May I know when you guys opened the account? This year?
Ramjade
post May 8 2020, 03:24 PM

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QUOTE(David_Yang @ May 6 2020, 08:59 PM)
Don´t waste your time with hotlines, go to the preferred center and talk to your RM.
*
Not all of us have priority banking. I know I don't have and will never open one in the future even if I could.

QUOTE(EddieBrock @ May 8 2020, 02:50 PM)
They asked for purpose of opening account

What reasons did you guys give?
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Just tell them investment or put SG FD.

QUOTE(EddieBrock @ May 8 2020, 02:55 PM)
Why did the Maybank staff told me it is not allowed lol

May I know when you guys opened the account? This year?
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Keep in mind some done maybank only deal with priority banking. Not all maybank can do it. To know which maybank, look at the list behind. If that maybank cannot, try another maybank.
David_Yang
post May 8 2020, 03:41 PM

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QUOTE(Ramjade @ May 8 2020, 04:24 PM)
Not all of us have priority banking.
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Sure, but I highly doubt that a non-priority customer will be entertained. I mean OCBC not even help their priority clients if they are not super priority and willing to throw a lot of money in the garbage bin by accepting a terrible exchange rate.

At CIMB they need to post documents to Singapore (yes, POST, no electronic mail), make phonecalls to the Singapore branch and so on. If you not have a RM that is willing to do this, you surely have to go to Singapore. Or did you manage to make someone outside the priority center in Maybank do it for you?

By the way, because of the long snail mail process I decide to show up personally in Singapore also, anyway was in mood for a 2 day food trip without the family biggrin.gif


cklimm
post May 8 2020, 03:44 PM

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QUOTE(David_Yang @ May 8 2020, 03:41 PM)
Sure, but I highly doubt that a non-priority customer will be entertained. I mean OCBC not even help their priority clients if they are not super priority and willing to throw a lot of money in the garbage bin by accepting a terrible exchange rate.

At CIMB they need to post documents to Singapore (yes, POST, no electronic mail), make phonecalls to the Singapore branch and so on. If you not have a RM that is willing to do this, you surely have to go to Singapore. Or did you manage to make someone outside the priority center in Maybank do it for you?

By the way, because of the long snail mail process I decide to show up personally in Singapore also, anyway was in mood for a 2 day food trip without the family biggrin.gif
*
food trip in singapore, seriously?
David_Yang
post May 8 2020, 03:49 PM

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QUOTE(cklimm @ May 8 2020, 04:44 PM)
food trip in singapore, seriously?
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I have a very deep love for two Laksa places in Singapore for more than 15 years.

Totally Off-Topic: I love all the Laksas from North to South, East Coast and Sarawak, but Katong Laksa is my alltime favourite. If you know a place in KL that matches our Singapore friends, feel free to PN me smile.gif
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post May 8 2020, 04:58 PM

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QUOTE(David_Yang @ May 8 2020, 03:41 PM)
Sure, but I highly doubt that a non-priority customer will be entertained. I mean OCBC not even help their priority clients if they are not super priority and willing to throw a lot of money in the garbage bin by accepting a terrible exchange rate.

At CIMB they need to post documents to Singapore (yes, POST, no electronic mail), make phonecalls to the Singapore branch and so on. If you not have a RM that is willing to do this, you surely have to go to Singapore. Or did you manage to make someone outside the priority center in Maybank do it for you?

By the way, because of the long snail mail process I decide to show up personally in Singapore also, anyway was in mood for a 2 day food trip without the family biggrin.gif
*
this thread is mainly for those with non-preferred status btw, particularly for Maybank iSavvy and CIMB Fastsavers. not sure if things has changed now though.
Hansel
post May 9 2020, 02:26 PM

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QUOTE(EddieBrock @ May 8 2020, 02:55 PM)
Why did the Maybank staff told me it is not allowed lol

May I know when you guys opened the account? This year?
*
Try another branch, bro,... update us here if other branches allow OR,.... rules have changed,....

Do it quickly,...
KeSToN
post May 9 2020, 09:26 PM

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QUOTE(David_Yang @ May 5 2020, 02:04 PM)
Google found it indeed:
https://www.cimbbank.com.my/en/personal/ban...via-clicks.html

Followed the steps, hope it will work.
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hi i followed the steps after registering and getting their email and sms.

Note: For applicants with CIMB Malaysia accounts, you may link your new CIMB FastSaver Account to Malaysia CIMB Clicks Internet Banking. Thereafter, perform a transfer from your own CIMB Malaysia Account to activate the CIMB FastSaver Account. For more information, please visit: https://cimbbank.com.sg/my2sg

the link given above doesnt work

anyway i tried to link using this guide https://www.cimbbank.com.my/en/personal/ban...via-clicks.html but hit a dead end

user posted image

clicking on link account

user posted image

cant find the "Link Account > Singapore Accounts"

any pros here mind to help? thank you

hksgmy
post May 9 2020, 10:00 PM

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Quite interesting. I’m trying to open up a new Maybank Premier Wealth account in Malaysia LOL. So far, the RM has gotten all my details via email - once the MCO is fully lifted on both sides, I probably have to make a trip up to JB.

Good luck to all of us smile.gif
Ramjade
post May 10 2020, 11:18 AM

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QUOTE(livellorT @ May 10 2020, 10:40 AM)
Saw someone posted here saying that they get charges few dollar when their balance is SGD500.
My question is, the initial deposit for CIMB SG Fastsaver is SGD1000, but how about minimum balance thereafter? Only see the no-fall below fee & no monthly account fee features for this account and no where to show the minimum balance.
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Kindly read the faq at bank page. Is all there. In fact you have already answered your own question. There's no fall below fees. No minimum balance. But don't la keep sgd0 inside. Keep at least SGD1.00
hksgmy
post May 10 2020, 12:10 PM

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QUOTE(livellorT @ May 10 2020, 11:26 AM)
My mistake, overlook it. The one who get charged is having iSavvy not Fastsaver.
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My iSavvy accounts with Maybank Sg requires min $10
cklimm
post May 10 2020, 03:57 PM

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QUOTE(KeSToN @ May 9 2020, 09:26 PM)
hi i followed the steps after registering and getting their email and sms.

Note: For applicants with CIMB Malaysia accounts, you may link your new CIMB FastSaver Account to Malaysia CIMB Clicks Internet Banking. Thereafter, perform a transfer from your own CIMB Malaysia Account to activate the CIMB FastSaver Account. For more information, please visit: https://cimbbank.com.sg/my2sg

the link given above doesnt work

anyway i tried to link using this guide https://www.cimbbank.com.my/en/personal/ban...via-clicks.html but hit a dead end

user posted image

clicking on link account

user posted image

cant find the "Link Account > Singapore Accounts"

any pros here mind to help? thank you
*
When was your application? you need to wait for the sg account to be open, and activated. This process can be slower due to massive covid circuit breaker (MCCB) there
Gwynbleidd
post May 10 2020, 04:01 PM

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QUOTE(cklimm @ May 10 2020, 03:57 PM)
When was your application? you need to wait for the sg account to be open, and activated. This process can be slower due to massive covid circuit breaker (MCCB) there
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After completing my application I immediately linked my MY account. Didn't have to wait. I applied last week. It seems in his screenshot he doesn't even have the link SG account option which should below the PRS option.

This post has been edited by Gwynbleidd: May 10 2020, 04:02 PM

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