Hmmm... Okay I need to check with post office. There must be "sesuatu untuk saya" left behind.

Online banking PIN arrived. Everything complete!



I need to sign at the post office to receive the letter, thanks to security features by Maybank. They actually require the receiver to be present in person to receive the PIN mail. Very secure indeed.

Now can prepare to register the online banking and transfer money out of IBKR. Will provide more updates later.

Ramjade As an additional question, if my deposit of 500 SGD is used to invest in time deposit accounts, which result in around 10-50 SGD left in my saving account, will I be subjected to the 2 SGD monthly charge?

This post has been edited by TOS: Sep 10 2020, 12:55 PM

Of course. There's a reason it's call fall below fees. Effectively your SGD500 is locked up.

You better call up Maybank sg customer service to verify whether the minimum fall below is sgd500 o sgd1k.

I heard the latest have been upgrade to Sgd1k but for old timer like me still sgd500.

Another way to test water and see if you put in sgd500 whether the money will be lesser by sgd2/month.

The letter says 500 SGD is the minimum balance needed.

Cause some people here said sgd1k.
Only way to know is test water with sgd500. If really deduct call them up and dispute. Use hotlink and dial using their IDD number. Cost only RM0.08/minute. Cheap.

This post has been edited by Ramjade: Sep 10 2020, 02:46 PM

Ok, manage to login and register for online banking, the only thing is at the end of the process they say can't register my foreign phone number for SMS notification, but before this in one of the procedures, I managed to receive the 2FA SMS from SG.

Hope things are fine. Next step: Withdraw from IBKR

This post has been edited by TOS: Sep 10 2020, 03:05 PM

Got a question here. Now which one to choose?

Obviously, only 2nd and 3rd one are correct. But which one? 2nd or 3rd option?

One way to test, when you login, choose OTP.
Then wait and see if you received OTP via SMS. Sometimes Maybank interface cacat but as long as you received SMS it's working.

I will pick the second one. Better to message Maybank and ask and see.

i sucessfully opened cimb sg. and i get letter informing me on the acc opening. once i deposit 1k sgd i can direct take it out?
Can i know will the account be dormant? i cant find any information in their website. How frequent it need to have transaction? What is the minimum balance in the account? leaving 50 SGD in the account will end up close?

Don't know. That's why I make sure to transfer money like once a month to keep it active.
Don't keep zero inside. Make sure have some money. Say sgd10-50

Did you apply iSavvy account? From what I check on the Maybank website, in order to apply this account, one must walk into any Maybank branch? Is this what you did?

Already messaged them. I don't see any option for OTP during the login process. Do you mind to point out?



Yes. iSavvy Account. You need to download the application form from Maybank SG's website. Then fill up the form and bring along your documents together with the form to the designated branch and submit them. Remember, only certain branches can handle overseas account application, which is stated at the end of the application form. Don't simply drive to any branch close to your house!

This post has been edited by TOS: Sep 11 2020, 09:31 PM

When you login and and you click on account related, you will be greeted with a page for OTP either via SMS or security token

ok so i leave around 50 inside. . and do transfer everymonth.. since i deposit more than rm1k before when i just open 1 week ago, now i take out should be ntg rite? haha

yes it's alright, fred not

Maybank SG replied.

If we transfer from Maybank MY to Maybank SG, apart from the RM10 service charge from Maybank MY, is there any intermediary bank charges charged to us hence reducing to the received amount?

Why use maybank.....there are instarem or transferwise.

Fintech are low cost.

Trying to compare the cost of transfer between Maybank and the rest

No need bother about using banks.