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Opening a Bank Account in Singapore
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prince_mk
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 May 1 2018, 01:11 PM
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QUOTE(Hansel @ Apr 26 2018, 12:13 PM) I'ma private banking client myself,... in a few banks. Actually, except for one bank, most of the private banking services can't really help us invest effectively. I can do better in investments than most of them,... at least till now,... since 2005.... I think no need to put into private banking-lar,... just follow this forum,... talk to people nicely,... read the right materials, can do better,.... true. just follow advise from members here and also from Bro Hansel  |
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prince_mk
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May 1 2018, 01:15 PM
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QUOTE(Hansel @ Apr 26 2018, 12:06 PM) Actually,... this statement is not truely accurate,... sorry,... to me,...it's okay if MYR depreciated against ANY CURRENCY of the world, PROVIDED the cost of goods and services in the country DID NOT INCREASE. Right ? My family is in Australia, now the AUD weakens vs the RM and SGD, BUT the price of goods and services in Australia now did not increase !! So, no issue, right ? so nice to be in Australia. Boss, are u in Australia as well or Msia ? |
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prince_mk
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May 1 2018, 01:16 PM
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QUOTE(Showtime747 @ Apr 20 2018, 11:01 AM) I thought this thread is for the masses, ie. not talking about Priority banking opening account in Sg. If a person is eligible for priority banking, that is another approach. Heck if you are also eligible for priority banking or even better, private banking in Sg, that is another approach. Your wish is their command. Just ask the Sg RM to fly to Malaysia and meet you at your office. What problem to open a Sg account for Malaysian if we talk about Priority or Private banking ? We don't need this thread anymore very true. if got $$$ then the approach is open door to you. if limited $, then they will scan u like alien entering their country. |
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prince_mk
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May 1 2018, 01:22 PM
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QUOTE(Ramjade @ Apr 20 2018, 08:37 AM) I am taking from Malaysia side. Went battery road and was rejected opening account due to the fact they are more stringent with Malaysians. very true. they are being very picky especially on Msian. I m lucky to get acc with them. Not PB ya. |
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prince_mk
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May 1 2018, 01:24 PM
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QUOTE(Zanmai0146 @ Apr 13 2018, 12:17 PM) You need Thai account? Pay some money you will get your account done within a day. How to open an acc in Thai. I did ask few times and even with a letter of reference frm Msia. they wish to either have a PB from Msia or u have a friend living in Thai.  |
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prince_mk
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May 1 2018, 03:01 PM
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QUOTE(Hansel @ May 1 2018, 02:48 PM) Actually, even if an RM comes to yr doorstep to open an acct for you,... it's still not that good, because you are then under him/her, being in a nominee account,... I would prefer to be a direct owner of my holdings, with my own CDP Account Number. Then I will control my own fate,.... I m not PB yet. Sob sob |
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prince_mk
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May 2 2018, 08:46 PM
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for me, I m okay to have a nominee acc (Stanchart). furthermore, my investment was not above half a million. wait till exceeded half a million, I will consider about having a CDP acc.
btw, I alrdy applied a CDP acc last year. but I have not used it.
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prince_mk
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May 10 2018, 08:24 AM
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QUOTE(jack2 @ May 9 2018, 11:13 PM) I went UOB OCBC they didn't want to allow me la...need working permit yes not easy to open with them. unless you bring abundle of cash. perhaps will consider u. u may try with Maybank or DBS. I opened few years ago b4 they close the gate. I think after this election, they might reconsider. change their perception against us. This post has been edited by prince_mk: May 10 2018, 08:25 AM |
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prince_mk
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Jun 4 2019, 10:28 PM
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glad you all can open a Sg acc.
what is your next course of action ?
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prince_mk
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Jun 8 2019, 09:28 PM
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QUOTE(Reventon @ Jun 7 2019, 10:56 PM) You are holding what type of visa in thai or entering thai with visa exempt ? If visa exempt then i dont think you can get an account easily. You can get it if you are lucky enough to get their branch manager to sign up for you by purchase the investment insurance about 10k++ per annum. If you can speak thai then it does help a little. entering with visa exempted. anyway, the bank said ask me to be PB in Msia. then i may get an acc in Thai. will consider to do that. but considering that, why would i have an acc in thailand. do u guys invest in there Unit trust / shares ? can advise / share abit. |
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prince_mk
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Jun 19 2019, 08:07 PM
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QUOTE(alexkos @ Jun 11 2019, 07:22 PM) I only use sg to tunnel euro.. Hehe... No point lock my rm1500 in sg. If u mean money market fund, even more reason to lock it in rm bro..mind share tunnel to euro for what kind of investment ? interested to know too. |
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prince_mk
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Jun 20 2019, 10:13 AM
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QUOTE(alexkos @ Jun 19 2019, 08:08 PM) Sxr8 sp500 u dare hoot with me? Hehe If can make big, why not. How long have u started ? Make any profit so far? |
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prince_mk
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Jun 20 2019, 11:39 AM
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QUOTE(Ramjade @ Jun 20 2019, 10:16 AM) S&P500 I support buying as it will only go up overtime. Cheaper than Robo. Today price is 2926. Put big egg in this basket  |
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prince_mk
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Jun 27 2019, 08:07 AM
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QUOTE(coolguy99 @ Jun 27 2019, 07:54 AM) iSavvy will charge you if you do not maintain SGD500 in your account. I just got to know the hard way. Mostly all Sg acc have this fall below fee No choice. Std Ctd must maintain min $1000 |
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prince_mk
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Jun 29 2019, 06:54 PM
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QUOTE(Ramjade @ Jun 27 2019, 09:56 AM) Need to read the TnC first. Keeping SGD500 inside is nothing if it let you have SG bank account. No choice. Now with IB I don't need to bother about having Std Ctd Pick la savings ke investment. now u alrdy have IB ? how much min ? |
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prince_mk
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Aug 10 2019, 12:51 PM
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QUOTE(woonsc @ Aug 6 2019, 04:03 PM) Btw, I am working in SG. Malaysians can open a DBS multiplier account, mo deposit and can mail to Malaysia. You guys should try. yes good idea too. but got to maintain min amt at least of sgd3k. else fall below fee will be levied on your acc. |
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prince_mk
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Aug 10 2019, 01:28 PM
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QUOTE(woonsc @ Aug 10 2019, 01:21 PM) Really? I didn't know. You need to have minimum 3k. Let me check it and update I have this acc and converted to posb acc last 2 years ago. thank god. now just maintain sgd500 only. |
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prince_mk
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Aug 10 2019, 02:53 PM
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QUOTE(woonsc @ Aug 10 2019, 01:35 PM) Ops.. use the dbs online. Request to close the acc and open a posb acc via same online ebanking. |
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prince_mk
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Aug 11 2019, 12:22 PM
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QUOTE(blasto @ Jun 19 2010, 01:10 AM) Just to share I went to SG & open Maybank account years ago. Very easy, passport, IC, SGD 200.00/500.00 (forgot) The reason open a/c ... to transfer paypal funds, coz last time Malaysia no paypal.  nowadays it is very stringent in opening an acc in Sg. unless u bring big chunk of $$  |
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prince_mk
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Aug 11 2019, 01:00 PM
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QUOTE(Hansel @ Aug 11 2019, 12:46 PM) Bro,... I htink with big chunks of money will be more stringent, especially if you are a Msian. They would want to chk your background, source of funds, Tax Identification Numbers, etc,... of coz suject to your background check also. usually, it takes like 30 min to open an acc. din really see what kind of background check they did. |
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