CIMB and Maybank i would say neck to neck for availability of ATM and branches in major towns. They are pretty much in the top 3, along with RHB. It peters down for other local banks, eg HLB PBB, then scattered sparsely like rare pokemon for foreign banks HSBC Citi SCB UOB.

CIMB machines usually easier for UX because less prone to be out of service than the tiger.

Where can I open a SG bank account here in Malaysia?

I hear CIMB can but I have many bank account already including Maybank,
Public Bank, HL Bank, UOB
which one of them can?

Or shall I open or opt for foreign currency account?

Widely proven ones are Maybank and CIMB. The other banks like HL, Public etc don't have operations in Singapore.

Someone said before you could try with UOB, but no new updates from him.

Don't try to open foreign currency accounts with local banks as charges/fees (especially on forex) are expensive. You may try Wise's multi-currency account however.

I try not to open too many bank account
will try Maybank and see
btw I just rmb back I have Paypal and also BigPay, its better compared with Wise (TransferWise)?

This post has been edited by chupapi_munyayo: Dec 16 2021, 11:07 AM

HSBC Premier Everyday

This post has been edited by jack2: Dec 16 2021, 11:20 AM

This one have to ask others Ramjade knows well. By the way for the more affluent, global banks like HSBC offers premier "global account" services like what jack2 posted above.

Bro. Take a look at the atm withdrawal fees. All can withdraw cash from ATM machine. Do not give free money to banks. If you ATM fees only charge say sgd1.00 why bother with bank account?

Come I spoon-feed you.
Revolut zero ATM fee for sgd350/month withdrawal for free account
Youtrip sgd5.00 up to max sgd5000
Bigpay free for first withdrawal up SGD2500/day
Wise free sgd350 withdrawal then sgd1.50
https://www.asiaone.com/money/digital-multi...e-vs-revolut-vs

The atm fees you pay can be cheaper than what what the bank charge in exchange rate provided you do lump sum withdraw. And there's ATM everywhere. If you withdraw small amount each time, then better to go with banks.

So if I am in your shoes, I will just grab any if the cards I mentioned and forget about bank account. Unless you regularly visit Malaysia then yes bank account might be useful.

You want online, only cimb sg.
If you willing to visit branch, Maybank sg (visit maybank Malaysia, certain branches).

If you don't want to lock up sgd500-1000, then cimb sg.
If you don't mind locking up sgd500-1000 then Maybank sg. Lockup here means no interest for money that must be kept inside the bank to prevent getting charged fall below fees.

Public bank, Hong Leong does not have sg based account. UOB needs to be priority customer or they won't even entertain you.

This post has been edited by Ramjade: Dec 16 2021, 11:59 PM

Why do I need to get the card if I visit Msia once a year? I already say for emergencies only and Msia relatives can change with me.

That time you take night train come Spore open bank acct then eat bread then take night train back on same day you got apply any card in Spore to use?

I go Msia never use any card all cash. If card is purely for emergencies which is why I ask this question. Credit card,bank card is sufficient since I don't visit Msia so often. Once the elders all die finish I not going in already. Too much coffee monies to pay if not careful. Even the locals there warn me don't wear too nice and drive SG license plate car etc.

Yep,... that's the funny one,....

Anyway,... on a serious tone,.. don't listen to him, bro,... his ways are all overkills,... you just go Raffles' Place there,... chg some RM,.. come to Msia,... or chg with your relatives in Msia.

Don't use your card in any vendor in Msia,...

I use bigpay when in sg. I preached what I practice.

Bro, if you never been poor, you won't understand that every sen count! I took train cause final amount is cheaper Vs using banks for rm30k transfer and no fintech exist during that time. That's why I value fintech and use them very much. It levels the playing field and allow me to save so much on cost. Cost which otherwise would be blindly given to banks instead of being reinvested.

If there's no fintech today, I would still take train and deposit manually myself.

This post has been edited by Ramjade: Dec 19 2021, 07:48 AM

You come in a day use bigpay buy bread eat? You buy atas bread to eat? Else Gardenia etc brand one loaf 10+ pieces easily can use cash. So breakfast lunch dinner one loaf of bread should be enough and then for water drink plain water or use bigpay buy mineral water? Those 1.5 litre one bottle kind?

My first trip no bigpay yet. No such thing as bigoay. No choice. Use cash.
2nd trip bigpay existed so use bigoay to pay for all my smrt and bus ticket. Never use cash at all in sg.
Only expenses in sg is smrt and bus ticket. Nothing else.

Wholemeal bread with unpeeled hard-boil eggs and unpeeled but washed cucumber with hand sanitizer. All prepared before the trip. If the eggs are not cracked it will last one whole day+ So crack and peel eggs and munch on cucumber.
Bought water from home for trip to sg. On the way back, buy water from train station. Yes the 1.5L type. Normal for me. I go to work also bring the 1.5L water. No no big deal for me.

Savings by doing the above > TT fees and charges by extra 1-2% which make it worth it. Significant if you are doing a RM30k transfer.

So now wise card vs bigpay card which one offer better value after conversion and fee for daily spending?

TT'ing out using Maybank, paying RM25 using counter rate is more expensive than buying overnight return train ticket to SG, and eating in SG ? Not to mention the time and effort to sleep overnight in the train, getting ur passport chopped early in the morning at JB Station,....

Not sure. I don't use wise for spending and only use bigpay as my overseas spending card. I will be looking to add mymy to my stack once they launched. Wise for me Is a platform where I get paid in USD for my cashback on my US shopping.

Bro, RM25 is one part of the equation. Go look at exchange rate markup. I know because I compared a RM30k exchange on spectrum Forex , kl remit, max money Vs UOB, SCB, cimb, Maybank, Hong Leong. Add in train ticket, my bread money, still cheaper than banks by I think RM300-500. Can't remember already. I never look at the bank recent exchange rate already after multiple time checking last time.

Nowadays I just fire up all my fintech. The one which give me the most final SGD Vs ringgit gets my business. I am so grateful to fintech because they help me to save the RM300-500 per transfer which I would have lost to the banks each time I transfer money.

This post has been edited by Ramjade: Dec 20 2021, 09:58 PM

I think you are wrong in that figure above,... yuo couldn't possibly save that amt,... but I'm not going to spend my time counting and verifying that figure-lar,...

And even if you are right in that you could save RM400, so all those hardships you have to go through is worth RM400 ? How abt ur passport fee paid to the gov't ? If you are to count beans,... then renewing ur passport also must be included,....

And how many times were you able to travel using that passport for RM30k accumulated to go to SG ? How long would you take to accumulate RM30k in order to chg at KL money-changer to handcarry to SG ? 1 month ? 2 months ?

You're talking nuts,...

And then : RM400 is just 1.3% of RM30k. You'll be able to make back that amt with just one qtr of dividend payout if you bought the right shares back then. Wouldn't it be more worthy this way ?

You're really talking nuts,....

I take my cost seriously. My passport was valid until 2020. So no issue for me. I have not renew my passport since then.

Yes I could make back rm400 via dividends. But basically means the first rm400 is given free to the banks. Now why would I want to that? The rm400 which was saved was invested instead of giving to the banks for free. I don't give money away especially to banks/brokerage. It's my policy. I don't let banks earn free money from me. If they want my money, they got to give me good rates which they did not hence I have always use fintech. The day they can match fintech rates, will be the day they earned my money. Until then fintech it is. The only time I give money away is for charity, family and animals.

I think I did 2 trip. After that fintech became available so no more making trips. Anyway that's the past. I still don't give banks free money. I believed in banks working for me than I am working for the bank. Something someone taught me when using credit cards. But that's another story for another day.

This post has been edited by Ramjade: Dec 20 2021, 11:01 PM

Too calculative also is sipek mahuan and troublesome one. Better don't be so calculative and you earn people and people also wanna you.

Let me reply you just on your first para.

So when was that passport renewed (in 2016 or 2017 ?) and how much did you pay to renew that passport ?

And secondly,.. I continue to insist you would not have saved RM400 by doing all these things you have done. YOU did not know how to ask for special rates at,.... Maybank back then. With 30K to TT,... you would have qualified for special rates by calling a certain number at Maybank,... no need to use the counter rates published on the Maybank forex page.

And then again,... if you would have gone to the 'right' money-changer,... you would have been able to 'TT' at least once using the 'right' money-changer with money-changer rates before being clamped-down by,... This,... you did not know too,...

I am waiting for your reply.

Edited twice to correct spelling errors to ensure transmitting the correct message.

This post has been edited by Hansel: Dec 21 2021, 02:39 PM

That was necessary as I am from overseas bro. So no choice. Not sure how much paid. I think rm300.

No I did not know about special Maybank number. I just check the rates online for all the bank account I have. Tell me how many normal people know about special rates? Is it applicable for those without priority/private banking or it's only reserve for them? If only reserved, then no use to me as I am neither a priority or private banking customer. And my writing is for regular Joes.

I know money changer can TT but kind of risky for me based off hear say from here. This I know but I don't want to risk it.