wise actually outperform DBS MCA. as IBKR outperforms Wise, it'll be IBKR>Wise>DBS. of course you cannot directly use IBKR as a money changer outright. u have to use the money to invest first

That's why I open SG bank account so there is no auto conversion.
Bro not everyone have DBS and not everyone can open DBS and DBS charges for incoming wire feess something which Cimb sg does not.

The closest Malaysian can get without crossing the border is RHB multi currency account.

Sis his level not same as our level. We are poor people level. If you are priority banking and above you can ask your RM to waive the incoming fees.

How I know? I observe normal everyday working Singaporean complain about DBS incoming fees in their telegram chat. Then yes some HNWI Singaporean said that they call their RM to waive the charge, DBS refund the money back to them.

They already offer one of the best rate to send money back to Malaysia. You should not bother about money coming back to Malaysia as when you park your money overseas it is generally a one way trip until you really need the money.

If you keep bringing back the money, banks will thank you.

Didn't see this.
I am going to have kids. What I am doing doing is
1. Give all the firepower for my kids as much as possible
2. Retire as early as possible
Use Cimb Malaysia to send the first SGD1k.
I didn't know Maybank sg got new account.

I guess I will need to open 2 accounts then
I just submitted my application. Is remittance service allow for initial deposit?
I am a cheapskate, want to reduce the cost as much as possible 

It's only for first time. Money can be earned back. Subsequent transfer later use money match or Sunway money.

Don't worry. I am also cheapskate

I understand Ramjade's response because I do the same. I find pleasure in compounding, not spending. I have some investments in foreign currencies and have not given a single thought about bringing them back.

You think of spending profits from your investments. That is perfectly fine because I used to think the same way too. But it is hubristic to think Ramjade was struggling to answer you. He was talking about avoiding frictional cost transferring back and forth between countries and currencies. This is sound financial lesson we learn from each other on this fine forum.

Yes. I think prudent and frugal are also ok. But I like cheapskate. Lol
Er he is not wrong you know. I optimise my cost as best as possible. Why do you think I am not a priority banking or have minimum with banks as much possible.

And yes I don't bring my money back. Never had. Next time is figure how to use the money without it needing to come back.

for best uni, how much to budget? 1mil,.2mil, 3 mil or more?