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 Opening a Bank Account in Singapore

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Koranshita
post Nov 19 2021, 12:51 PM

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Didn't they say sg cimb from Malaysia no interest?
I just checked mine. Got interest le
tadashi987
post Nov 19 2021, 01:31 PM

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QUOTE(Koranshita @ Nov 19 2021, 12:51 PM)
Didn't they say sg cimb from Malaysia no interest?
I just checked mine. Got interest le
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who said that, there is no SG CIMB from Malaysia
don't think there is SG CIMB SG per se or Malaysia version

it is FastSaver account and it comes with 1%pa interest
tsutsugami86
post Nov 19 2021, 01:50 PM

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QUOTE(Koranshita @ Nov 19 2021, 12:51 PM)
Didn't they say sg cimb from Malaysia no interest?
I just checked mine. Got interest le
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We not care about the 1%pa interest (Mostly transfer out to invest & don't put a lot money in bank)

We just care any minimum amount required maintain in account biggrin.gif
Ramjade
post Nov 19 2021, 02:58 PM

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QUOTE(Koranshita @ Nov 19 2021, 12:51 PM)
Didn't they say sg cimb from Malaysia no interest?
I just checked mine. Got interest le
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Cimb fastsaver used to have 1%p.a interest and I think got cut down to 0.3%.

Basically sg banks have no interest except for likes of CIMB fastsaver.

QUOTE(tsutsugami86 @ Nov 19 2021, 01:50 PM)
We not care about the 1%pa interest (Mostly transfer out to invest & don't put a lot money in bank)

We just care any minimum amount required maintain in account  biggrin.gif
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Yup. I didn't care about interest. What's more important is whether need to lock up the money or not.
k_f_kho P
post Nov 21 2021, 03:13 PM

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Hi, just check with you all, if i apply maybank isavvy saving account in malaysia, does it come with debit card (used for singapore ATM) ? Or just online account without any debit card?
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post Nov 21 2021, 04:36 PM

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QUOTE(k_f_kho @ Nov 21 2021, 03:13 PM)
Hi, just check with you all, if i apply maybank isavvy saving account in malaysia, does it come with debit card (used for singapore ATM) ? Or just online account without any debit card?
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debit card available
edwin1002
post Nov 21 2021, 10:11 PM

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QUOTE(Ramjade @ Nov 19 2021, 02:58 PM)
Cimb fastsaver used to have 1%p.a interest and I think got cut down to 0.3%.

Basically sg banks have no interest except for likes of CIMB fastsaver.
Yup. I didn't care about interest. What's more important is whether need to lock up the money or not.
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CIMB fastsaver, could we request debit card in malaysia? currently just got account only
SUSTOS
post Nov 21 2021, 10:51 PM

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QUOTE(edwin1002 @ Nov 21 2021, 10:11 PM)
CIMB fastsaver, could we request debit card in malaysia? currently just got account only
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No, CIMB FS is designed to be card free online account.

https://www.cimb.com.sg/en/personal/help-su...er-account.html

You can ask for ATM cards with 10 SGD charges. No debit cards provided, but credit cards are available, like this bundle: https://www.cimb.com.sg/content/dam/cimbsg/...ature-promo.pdf
edwin1002
post Nov 21 2021, 11:00 PM

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QUOTE(TOS @ Nov 21 2021, 10:51 PM)
No, CIMB FS is designed to be card free online account.

https://www.cimb.com.sg/en/personal/help-su...er-account.html

You can ask for ATM cards with 10 SGD charges. No debit cards provided, but credit cards are available, like this bundle: https://www.cimb.com.sg/content/dam/cimbsg/...ature-promo.pdf
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Thx, ATM card is okay as long as can withdraw money. SGD 10 per year?
SUSTOS
post Nov 21 2021, 11:07 PM

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QUOTE(edwin1002 @ Nov 21 2021, 11:00 PM)
Thx, ATM card is okay as long as can withdraw money. SGD 10 per year?
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https://www.cimb.com.sg/content/dam/cimbsg/...and-charges.pdf

10 SGD per new ATM card. You can definitely withdraw in SG ATM, but not sure if you can withdraw in MY's ATM or not. It is an ATM card, not a debit card, so you may want to check with CIMB SG for more info. Not much said about the ATM card in the website.
Ramjade
post Nov 22 2021, 01:47 AM

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QUOTE(edwin1002 @ Nov 21 2021, 10:11 PM)
CIMB fastsaver, could we request debit card in malaysia? currently just got account only
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Don't bother. They only have one branch in Singapore and atm machine is located there at that branch only. So if you want to withdraw money, you need to travel to that branch.

Better suggestion, just use bigpay to withdraw SGD if you really want to withdraw SGD to spend.
jack2
post Nov 22 2021, 09:20 AM

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QUOTE(Ramjade @ Nov 22 2021, 01:47 AM)
Don't bother. They only have one branch in Singapore and atm machine is located there at that branch only. So if you want to withdraw money, you need to travel to that branch.

Better suggestion, just use bigpay to withdraw SGD if you really want to withdraw SGD to spend.
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Wow, just one branch and got Singaporean wanna opt it?

I think slowly will be closing off
Ramjade
post Nov 22 2021, 10:27 AM

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QUOTE(jack2 @ Nov 22 2021, 09:20 AM)
Wow, just one branch and got Singaporean wanna opt it?

I think slowly will be closing off
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It have always been 1 branch since all this while. Nothing change. Nothing to worry about. Just sg govt way of doing business. If you are essential bank, you get more branches. If you are not essential, you get only one branch.

You still have not reply about the deal you made with uob. Still waiting to hear about your uob deal.
jack2
post Nov 22 2021, 02:22 PM

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QUOTE(Ramjade @ Nov 22 2021, 10:27 AM)
It have always been 1 branch since all this while. Nothing change. Nothing to worry about. Just sg govt way of doing business. If you are essential bank, you get more branches. If you are not essential, you get only one branch.

You still have not reply about the deal you made with uob. Still waiting to hear about your uob deal.
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Not only UOB. I have now with HSBC as well, because CCB bkosed my account.

So I TL and I emailed all banks that I wanna be their premier banking client.

This post has been edited by jack2: Nov 22 2021, 02:23 PM
Ramjade
post Nov 22 2021, 02:25 PM

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QUOTE(jack2 @ Nov 22 2021, 02:22 PM)
Not only UOB. I have now with HSBC as well, because CCB bkosed my account.

So I TL and I emailed all banks that I wanna be their premier banking client.
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So no way for people without premier access?
jack2
post Nov 22 2021, 02:30 PM

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QUOTE(Ramjade @ Nov 22 2021, 02:25 PM)
So no way for people without premier access?
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Yes no way.

Got money can buy anything
Ramjade
post Nov 22 2021, 03:35 PM

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QUOTE(jack2 @ Nov 22 2021, 02:30 PM)
Yes no way.

Got money can buy anything
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Ok. Thanks for info.
LostAndFound
post Nov 23 2021, 08:51 AM

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Anyone knows specifically what sort of link there is between CIMB MY and CIMB SG?

Specifically if CIMB MY freezes account (due to account holder has passed away) does the same automatically happen at SG side?
p3seus
post Nov 23 2021, 03:45 PM

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For all with bank account in SG and/or with BigPay card, please write to BigPay customer support in MY to suggest a new feature ---> allow Malaysians to top up BigPay card with SGD.

Most SG banks have high markup for non-SGD transactions. BigPay already supports SG customers but Malaysian customers can only top up with MYR at the moment.

This feature will be beneficial for Malaysians with bank accounts in SG.

I did that myself but BigPay will only implement this feature if there are demands for it. So please write to them to support this idea.

Ramjade
post Nov 23 2021, 03:57 PM

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QUOTE(LostAndFound @ Nov 23 2021, 08:51 AM)
Anyone knows specifically what sort of link there is between CIMB MY and CIMB SG?

Specifically if CIMB MY freezes account (due to account holder has passed away) does the same automatically happen at SG side?
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They are independent as far as I know.

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