Welcome Guest ( Log In | Register )

315 Pages < 1 2 3 4 5 > » Bottom

Outline · [ Standard ] · Linear+

 Opening a Bank Account in Singapore

views
     
seesawseen2k
post Feb 28 2012, 05:17 PM

Getting Started
**
Junior Member
268 posts

Joined: Jun 2007
Bank accounts
- Maybank SG is able to link with Maybank2u
- DBS bank is better for normal usage (as its more common for Singaporean, their TAC will be sent to our Malaysia phone without any charge) Free debit card (will mail to malaysia address without charge, no annual fee ) Just walk in to any branch with some money (double check on the minimal deposit)

Broker
- Philip Capital , last time manage to open an account with Malaysia IC in their shopping mall booth
- not sure about others..
thunderaj
post Mar 2 2012, 10:31 AM

General Manager
******
Senior Member
1,175 posts

Joined: Mar 2011
anyway what is the saving and FD Interest rate in Singapore. ?


flodder
post Mar 2 2012, 04:29 PM

6 batang ab numb addicted with 6 bintang
******
Senior Member
1,039 posts

Joined: Nov 2007
From: Penang Island Status: No Solidarity No Corruption



QUOTE(seesawseen2k @ Feb 28 2012, 05:17 PM)
Bank accounts
- Maybank SG is able to link with Maybank2u
- DBS bank is better for normal usage (as its more common for Singaporean, their TAC will be sent to our Malaysia phone without any charge)  Free debit card (will mail to malaysia address without charge, no annual fee ) Just walk in to any branch  with some money (double check on the minimal deposit)

Broker
- Philip Capital , last time manage to open an account with Malaysia IC in their shopping mall booth
- not sure about others..
*
the rate is about 1:2.5 ?
Suju
post Mar 10 2012, 07:18 PM

New Member
*
Junior Member
14 posts

Joined: May 2008
I am a Malaysian and soon working in Singapore. Now think where should I open a bank account.

I have though of Maybank cause I have some commitment here that I need to settle every month, and give my mom pocket money too biggrin.gif Does anybody know by chance if we could transfer money from mbb SG to mbb MY with no charge?
numbertwo
post May 11 2012, 12:05 PM

Regular
******
Senior Member
1,784 posts

Joined: Mar 2009
From: PJ lamansara... :D


QUOTE(Suju @ Mar 10 2012, 07:18 PM)
I am a Malaysian and soon working in Singapore. Now think where should I open a bank account.

I have though of Maybank cause I have some commitment here that I need to settle every month, and give my mom pocket money too biggrin.gif Does anybody know by chance if we could transfer money from mbb SG to mbb MY with no charge?
*
no such thing as NO CHARGE laa..

but I would be interested to know what is the charges applicable to transfer SGD from my SG_MBB back to MY_MBB in MYR. Anyone could share ?
wu ming
post May 11 2012, 02:47 PM

Regular
******
Senior Member
1,143 posts

Joined: Sep 2008


QUOTE(Suju @ Mar 10 2012, 07:18 PM)
I am a Malaysian and soon working in Singapore. Now think where should I open a bank account.

I have though of Maybank cause I have some commitment here that I need to settle every month, and give my mom pocket money too biggrin.gif Does anybody know by chance if we could transfer money from mbb SG to mbb MY with no charge?
*
Bro, some employer might give you referral letter for you to open account with specific bank.
Maybank SG and MY are different entity bro. Whatever transfer also have charge. Withdrawal from ATM in Ringgit after crossing into Johore will also be charged.
LYR
post May 12 2012, 04:59 PM

No one is indispensable
******
Senior Member
1,866 posts

Joined: Apr 2006
QUOTE(Suju @ Mar 10 2012, 07:18 PM)
I am a Malaysian and soon working in Singapore. Now think where should I open a bank account.

I have though of Maybank cause I have some commitment here that I need to settle every month, and give my mom pocket money too biggrin.gif Does anybody know by chance if we could transfer money from mbb SG to mbb MY with no charge?
*
you can always check at their website. SGD15 if not mistaken.
numbertwo
post May 17 2012, 03:28 PM

Regular
******
Senior Member
1,784 posts

Joined: Mar 2009
From: PJ lamansara... :D


QUOTE(wu ming @ May 11 2012, 02:47 PM)
Bro, some employer might give you referral letter for you to open account with specific bank.
Maybank SG and MY are different entity bro. Whatever transfer also have charge. Withdrawal from ATM in Ringgit after crossing into Johore will also be charged.
*
Has anyone tried this "RegionLink" service from MBank_S'pore?

QUOTE
RegionLink – Cross Border ATM Services

No more worries about running short on cash or carrying excess money when you are travelling in the region.

With Maybank Platinum Debit Card and ATM Card, you can withdraw cash in local currency from over 2,800 Maybank ATMs in Brunei, Cambodia, Indonesia**, Malaysia and the Philippines!

RegionLink Cross Border ATM Cash Withdrawal is now FREE!
@@littlestar
post Jul 29 2012, 06:52 PM

New Member
*
Newbie
1 posts

Joined: Jul 2012
QUOTE(orangbulu @ Jan 5 2012, 08:12 PM)
No need , just bring IC & passport can d. DBS bank now min requrement is 1k Sing, and they pay  0.05% interest....
*
Is BNM able to check our bank account opened in oversea ? hmm.gif
yiyibrowers
post Jul 29 2012, 07:25 PM

Enthusiast
*****
Senior Member
751 posts

Joined: Mar 2008


Since DBS/POSB had changed their requirement, actually I opened long ago am I still entitle for the balance fall below RM500, a fee of SGD$2 will imposed or the follow the old rules?
Selectt
post Nov 19 2012, 08:51 AM

wattttt!!
******
Senior Member
1,707 posts

Joined: Aug 2009
Reviving old thread... can I open SG UOB bank account through MY UOB bank account?
Selectt
post Nov 19 2012, 06:23 PM

wattttt!!
******
Senior Member
1,707 posts

Joined: Aug 2009
bump^
snowbreeze
post Nov 19 2012, 07:56 PM

Getting Started
**
Junior Member
276 posts

Joined: Mar 2008



QUOTE(chopper~ @ May 30 2010, 09:31 PM)
hi all, im a malaysian, not studyin nor working in sg, can i open a bank account in singapore??
*
Minimum deposit s$500 or they will charge maintainance fee tongue.gif
Selectt
post Nov 19 2012, 10:08 PM

wattttt!!
******
Senior Member
1,707 posts

Joined: Aug 2009
QUOTE(snowbreeze @ Nov 19 2012, 07:56 PM)
Minimum deposit s$500 or they will charge maintainance fee tongue.gif
*
even in OUB?
jjsia
post Nov 19 2012, 11:02 PM

On my way
****
Senior Member
507 posts

Joined: Nov 2006
QUOTE(Selectt @ Nov 19 2012, 10:08 PM)
even in OUB?
*
You can search online for that info. rclxub.gif
MilesAndMore
post Nov 19 2012, 11:06 PM

Look at all my stars!!
Group Icon
Moderator
9,301 posts

Joined: Mar 2008


QUOTE(Selectt @ Nov 19 2012, 10:08 PM)
even in OUB?
*
Yes. And it is one the lowest in Singapore already. The other two Singaporean banks require you to keep an average balance of S$1,000/month to avoid the account service fee. It used to be only S$500 only at DBS but foreigners are not allowed to open that account anymore.

Anyway, do bear in mind that if you do not work or live in Singapore, the bank reserves the rights to reject your application to open an account.
Selectt
post Nov 19 2012, 11:16 PM

wattttt!!
******
Senior Member
1,707 posts

Joined: Aug 2009
QUOTE(jjsia @ Nov 19 2012, 11:02 PM)
You can search online for that info.  rclxub.gif
*
tried searching the info... apparently only high networth of individual are likely to get to open bank account? for non-resident, non-pr, non-permit?

QUOTE(MilesAndMore @ Nov 19 2012, 11:06 PM)
Yes. And it is one the lowest in Singapore already. The other two Singaporean banks require you to keep an average balance of S$1,000/month to avoid the account service fee. It used to be only S$500 only at DBS but foreigners are not allowed to open that account anymore.

Anyway, do bear in mind that if you do not work or live in Singapore, the bank reserves the rights to reject your application to open an account.
*
This is the info i gather from internet:

Non-resident foreigners may also open personal bank accounts but banks are usually reluctant to do so, the processes/criteria being more stringent. High networth non-resident foreigners may also have access to banks in Singapore via private banking channels.
MilesAndMore
post Nov 19 2012, 11:27 PM

Look at all my stars!!
Group Icon
Moderator
9,301 posts

Joined: Mar 2008


QUOTE(Selectt @ Nov 19 2012, 11:16 PM)
Non-resident foreigners may also open personal bank accounts but banks are usually reluctant to do so, the processes/criteria being more stringent.
*
They will no doubt ask you why do you want to open a SG bank account when you do not work or live there.


QUOTE(Selectt @ Nov 19 2012, 11:16 PM)
High networth non-resident foreigners may also have access to banks in Singapore via private banking channels.
*
Not necessarily must be a Private Banking customer. Mass Affluent Banking customers such as HSBC Premier, Citibank CitiGold or Standard Chartered Priority Banking is another alternative to open a SG account.
Selectt
post Nov 20 2012, 09:27 AM

wattttt!!
******
Senior Member
1,707 posts

Joined: Aug 2009
QUOTE(MilesAndMore @ Nov 19 2012, 11:27 PM)
They will no doubt ask you why do you want to open a SG bank account when you do not work or live there.
Not necessarily must be a Private Banking customer. Mass Affluent Banking customers such as HSBC Premier, Citibank CitiGold or Standard Chartered Priority Banking is another alternative to open a SG account.
*
Is there any way I can open a SG UOB account in Malaysia? I gona call UOB later.
snowbreeze
post Nov 20 2012, 12:52 PM

Getting Started
**
Junior Member
276 posts

Joined: Mar 2008



QUOTE(Selectt @ Nov 19 2012, 10:08 PM)
even in OUB?
*
think all singapore banks smile.gif

do double check tongue.gif

just for your info smile.gif


Added on November 20, 2012, 12:53 pm
QUOTE(Selectt @ Nov 20 2012, 09:27 AM)
Is there any way I can open a SG UOB account in Malaysia? I gona call UOB later.
*
No...think u need to go singapore biggrin.gif



This post has been edited by snowbreeze: Nov 20 2012, 12:53 PM

315 Pages < 1 2 3 4 5 > » Top
 

Change to:
| Lo-Fi Version
0.0164sec    0.39    6 queries    GZIP Disabled
Time is now: 28th November 2025 - 09:30 PM