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 Opening a Bank Account in Singapore

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thecurious
post Dec 8 2021, 08:27 PM

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QUOTE(Ramjade @ Dec 8 2021, 07:52 PM)
CIMB sg close his account I think.
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No wonder his posts are in that direction lols
Ramjade
post Dec 8 2021, 08:31 PM

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QUOTE(Hansel @ Dec 8 2021, 08:25 PM)
He's right ! I was being sarcastic abt him....

Since he spoke so badly abt SG and the investments there, why kept his account opened, right ?

Then he'll twist and turn again to justify his holding-on to his acct,... and subsequently,... talk bad abt SG again,....  innocent.gif  doh.gif
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Account and investment are 2 different thing. For your info, I have liquidate most of my sg holdings and move them to US. I keep only few which is giving me 15%p a

You still never answer my 2 points biggrin.gif
- no fingerprint authorisation withdrawal. Come on. In this day and age?
- unable to move USD between local sg bank account with a service like FAST for regular Joe's unlike HK banks.
SUSTOS
post Dec 8 2021, 08:35 PM

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QUOTE(jack2 @ Dec 8 2021, 08:20 PM)
Not really. My friend received money from her freelancer programming job and the bank warned her can't use personal account to receive business job.

harlo this is not business. Just one transaction rec'd and they queried it after two months and the purpose of incoming one func.
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This I agree. CIMB has been strict with their handling of transactions. When I opened mine, they inform me not to use my account to do "investments" or for part-time job income. They will push for business account for work or job-related stuffs.


QUOTE(Hansel @ Dec 8 2021, 08:25 PM)
He's right ! I was being sarcastic abt him....

Since he spoke so badly abt SG and the investments there, why kept his account opened, right ?

Then he'll twist and turn again to justify his holding-on to his acct,... and subsequently,... talk bad abt SG again,....  innocent.gif  doh.gif
*
Ah I see lol. Nothing wrong lah laugh.gif Just different points of view.

This post has been edited by TOS: Dec 8 2021, 08:35 PM
Hansel
post Dec 8 2021, 08:35 PM

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QUOTE(Ramjade @ Dec 8 2021, 08:31 PM)
Account and investment are 2 different thing. For your info, I have liquidate most of my sg holdings and move them to US. I keep only few which is giving me 15%p a

You still never answer my 2 points biggrin.gif
- no fingerprint authorisation withdrawal. Come on. In this day and age?
- unable to move USD between local sg bank account with a service like FAST for regular Joe's unlike HK banks.
*
You don't know how to do,... I won't answer you ! biggrin.gif
Ramjade
post Dec 8 2021, 08:42 PM

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QUOTE(Hansel @ Dec 8 2021, 08:35 PM)
You don't know how to do,... I won't answer you ! biggrin.gif
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Actually I do. Via cheque or echeque. Been there done that. That's the only way I found and have been using that way.

Unless such "FAST transfer" is not available for regular Joe then I might be missing something as it might be exclusive to priority or private banking clients.
cryzord123 P
post Dec 12 2021, 06:29 AM

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Dear all, what would be the best way to transfer money from Dubai to Malaysia and Singapore?
Rama522
post Dec 12 2021, 05:33 PM

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QUOTE(cryzord123 @ Dec 12 2021, 06:29 AM)
Dear all, what would be the best way to transfer money from Dubai to Malaysia and Singapore?
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use wise
Koranshita
post Dec 12 2021, 10:48 PM

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Hey guys. After using Singapore cimb for awhile (receive). Tried to transfer out this time. Kena ask for security devices? Anyone got their device? Need to apply? If not, can't transfer out to others? Only using within cimb?

Please advise
LostAndFound
post Dec 13 2021, 06:21 AM

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QUOTE(Koranshita @ Dec 12 2021, 10:48 PM)
Hey guys. After using Singapore cimb for awhile (receive). Tried to transfer out this time. Kena ask for security devices? Anyone got their device? Need to apply? If not, can't transfer out to others? Only using within cimb?

Please advise
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Didn't you set up the CIMB SG app? That should give the code right?
Koranshita
post Dec 13 2021, 11:15 AM

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QUOTE(LostAndFound @ Dec 13 2021, 06:21 AM)
Didn't you set up the CIMB SG app? That should give the code right?
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Found my way.
Yes, I need to activate the digital code before doing anything.
zannisenhart
post Dec 14 2021, 01:38 PM

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Hi guys, I'm using cimb. Im at link sg account status. It shows your sg account linking has been approved. Please go to my account to view your SG Account.
But when I go there still can't see it.
Haven't done any money transfer yet.. planning to do rm 5 via cimb my and rest via wise..
Pls advise
Kadaj
post Dec 14 2021, 01:49 PM

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The easiest way to open foreign bank account now is actually just using wise.
Ramjade
post Dec 15 2021, 01:12 AM

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QUOTE(zannisenhart @ Dec 14 2021, 01:38 PM)
Hi guys, I'm using cimb. Im at link sg account status. It shows your sg account linking has been approved. Please go to my account to view your SG Account.
But when I go there still can't see it.
Haven't done any money transfer yet.. planning to do rm 5 via cimb my and rest via wise..
Pls advise
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Transfer money first before linking. Once 30 days up and account not funded with SGD2k, it will automatically close.

QUOTE(Kadaj @ Dec 14 2021, 01:49 PM)
The easiest way to open foreign bank account now is actually just using wise.
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Actually wise not good for Malaysian.
Holding limit of only RM20k, big joke.

Not to mention lots of broker don't accept money coming in from wise. There are exceptions.

This post has been edited by Ramjade: Dec 15 2021, 01:13 AM
zannisenhart
post Dec 15 2021, 07:48 AM

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[quote=Ramjade,Dec 15 2021, 01:12 AM]
Transfer money first before linking. Once 30 days up and account not funded with SGD2k, it will automatically close.

Thanks bro. Update. I can see my Singapore account when I chose the option transfer now.
SUSTOS
post Dec 15 2021, 05:48 PM

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QUOTE(zannisenhart @ Dec 14 2021, 01:38 PM)
Hi guys, I'm using cimb. Im at link sg account status. It shows your sg account linking has been approved. Please go to my account to view your SG Account.
But when I go there still can't see it.
Haven't done any money transfer yet.. planning to do rm 5 via cimb my and rest via wise..
Pls advise
*
Hi, when you login to the main page in CIMB Clicks MY, notice there is a "translucent" SG flag, click on that and you can see your CIMB SG details.

user posted image

user posted image
sgh
post Dec 15 2021, 06:13 PM

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QUOTE(TOS @ Dec 15 2021, 05:48 PM)
Hi, when you login to the main page in CIMB Clicks MY, notice there is a "translucent" SG flag, click on that and you can see your CIMB SG details.

user posted image

user posted image
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Sorry can borrow this thread awhile? I have both Maybank SG (aka tiger head) and CIMB SG. Can I know in Msia in terms of ATM and branches which bank got more? E.g in Johor, KL, Penang these 3 big states for e.g. I am not going to withdraw cash from their ATM, branches of cuz but sometimes emergency arises may need so get info first as long time no visit Msia.

In Spore CIMB has very few ATM which can explain why they can offer the most competitive FD rates as lower operating cost (e.g infra, workers etc)
SUSTOS
post Dec 15 2021, 07:53 PM

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QUOTE(sgh @ Dec 15 2021, 06:13 PM)
Sorry can borrow this thread awhile? I have both Maybank SG (aka tiger head) and CIMB SG. Can I know in Msia in terms of ATM and branches which bank got more? E.g in Johor, KL, Penang these 3 big states for e.g. I am not going to withdraw cash from their ATM, branches of cuz but sometimes emergency arises may need so get info first as long time no visit Msia.

In Spore CIMB has very few ATM which can explain why they can offer the most competitive FD rates as lower operating cost (e.g infra, workers etc)
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Should be Maybank (in terms of ATM, https://wise.com/gb/blog/atms-in-malaysia). As for branches, not sure, but likely Maybank too.

This post has been edited by TOS: Dec 15 2021, 11:37 PM
zannisenhart
post Dec 15 2021, 08:57 PM

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QUOTE(TOS @ Dec 15 2021, 05:48 PM)
Hi, when you login to the main page in CIMB Clicks MY, notice there is a "translucent" SG flag, click on that and you can see your CIMB SG details.

user posted image

user posted image
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Yes, thanks!! smile.gif.
Ramjade
post Dec 15 2021, 11:26 PM

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QUOTE(sgh @ Dec 15 2021, 06:13 PM)
Sorry can borrow this thread awhile? I have both Maybank SG (aka tiger head) and CIMB SG. Can I know in Msia in terms of ATM and branches which bank got more? E.g in Johor, KL, Penang these 3 big states for e.g. I am not going to withdraw cash from their ATM, branches of cuz but sometimes emergency arises may need so get info first as long time no visit Msia.

In Spore CIMB has very few ATM which can explain why they can offer the most competitive FD rates as lower operating cost (e.g infra, workers etc)
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Don't bother. Not cheap. Use youtrip, bigpay sg, TransferWise card. Revolut, instarem card. Soany choices. Have your pick.
sgh
post Dec 16 2021, 01:59 AM

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QUOTE(Ramjade @ Dec 15 2021, 11:26 PM)
Don't bother. Not cheap. Use youtrip, bigpay sg, TransferWise card. Revolut, instarem card. Soany choices. Have your pick.
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You know Msia very big correct? Depend where you are not all shops etc high tech they still only accept cold hard cash. The place I go is small town with kampong kind not those taman and high rise places. So must go town bank atm press monies take out. My spouse former Msian so I know abit of inside culture etc. Also I say for emergencies as usually inside relatives got MYR to change with me.

I find you tend to fire off without asking each poster for more info. I wonder in workplace your working style is like in this forum?

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