QUOTE(coolguy99 @ Jul 28 2017, 10:32 AM)
hi,
i have browsed through this topic and it seems like most people are recommending opening a maybank iSavvy account. My question is is there a PDF application form to download? i went to maybank SG site and the only option was to fill up the online form.
since i will be heading to SG sometime in August. I guess i will head to a local branch to try my luck. May I also know what are the documents that are needed?
here you go:
http://www.maybank2u.com.my/WebBank/iSAVvyMyForm_031011.pdfapply and submit at MY bank. if you bring over to SG, they will ask for work permit.
QUOTE(kart @ Aug 3 2017, 07:10 PM)
ShinG3eFor Maybank KE Trade Prefunded Account, what is the best and fastest way to transfer money from a Singapore saving account to the Prefunded Account?
i do it using barter trade with a business owner in SG but resides in MY. The rates are following xe.com which is cheaper than bank transfer and money exchange house.
From Maybank Singapore online banking website, I used Payment > Electronic Payment for Shares (EPS) > Lump Sum Payment. If I transfer fund via EPS before 8 pm today, my trading limit will be updated only tomorow. As such, I can only buy share, tomorrow.
It is consistent wth what is stated in the FAQ website - settlement (
http://www.maybank-ke.com.sg/contact-us/faqs/ke-trade/).
Is there a way to transfer fund from a Singapore saving account, and then the trading limit will be updated within an hour or so? Thus, we will have more chances to buy the share at a lower price.
i'm not sure about this thou.Thanks for the advice.
____
On a side note, I made a siliy mistake, when I first tried to buy share on Maybank KE trade website.

My Maybank KE Trade Prefunded account is linked to my Maybank iSavvy saving account, via Electronic Payment for Shares (EPS).
I wrongly thought that when I clicked 'buy on Maybank KE trade website, the fund would automaticaly be deducted from my saving account, via EPS. For sure, the share purchase was rejected, due to zero trading limit of my trading account. Yes, it is a silly mistake, but it is a lesson well learnt.

i use prefunded acc to buy/sell. and yea you need to wait 1 day before the deposit is being reflected into your trading acc. better to park some money inside in advance rather than deposit only when you want to catch some shares.
also, any dividend receives will be going back directly to your prefunded acc. not your MBB SG acc. cause you bought your shares using prefunded. so the div goes back to prefunded acc. only bad thing is that they won't have live statement. but remisier told me that its coming dec 2017.