Do you know their brokerage account is using which broker? Is the brokerage account come with SIPC and FDIC thingy?

SC broker? It’s their own trading house. Not sure about the sipc and fdic. I need to check. Haven’t done a single trade yet.

Do you know their brokerage account is using which broker? Is the brokerage account come with SIPC and FDIC thingy?

Which bank? Mine is SC. Might be different for others like hsbc uob etc.

Avoid SCB as brokerage. Don't fall for their no fee for priority customer. They are expensive (Forex wise). Stuck with good old IBKR.
Standard Chartered.

Thank you Ramjade for your advice. You are right.
Just check for a back up broker which is safe enough for long term in case of bipolar nightmare. Already seen IBKR suspended Russian related product. Hopefully can find a good Singapore domicile broker that has it's own trading arm for international markets.

Last month managed to open a Standard Chartered SG bank account. XtraSaver. But of course via the Priority way. Benefit about SC Priority is that your local Priority status is acknowledged/transferable worldwide. So MY = SG = HK = ID = PH = TH

Also managed to open Trading account too with 0.18% no minimum (Priority).

Easiest way of course would be still Maybank or CIMB. 

What reason you gave to them to open this SG bank account?

What questions they asked?

If you’re a priority holder, they won’t ask much as they have your details back in Malaysia.

If you’re not, say for investment purposes.

How long it took you to open that account?

Hi all,

from economical uncertainties to politician conviction and worst of all inflation on the rise in MY, i do not feel safe withholding large amount of MYR currencies for long anymore

I have two bank accounts, Maybank for daily, monthly uses; the other Standard Charter which holds most of my savings.

Monthly Salary is RM4300

Rough Calculation:
Monthly deposits RM800 to SC
Food + Fuel: RM500
Rent: RM550
Phone: RM53
Utilities: ~RM100 (water + elec)
Epf: RM473
Car: Fully paid off on 2018, Myvi
Parking: RM200

I m single, 33, IT Support, fama alrdy retired and are living well on their own space and time.
I m hoping to open an overseas bank account, (SG Maybank) is this possible even though i am not living or working there?
PS: Since i might start to search a job in SG

Your answer can be found here. I repeat what my teacher Hansel said years ago. Don't hold RM. It's a worthless currency which depreciate over time. Convert as much RM into any other developed country currency.

Here's what I do. Collect until rm10k then send it off to sg.

How to open acocunt? Look through past 5 pages. You should have your answer.

the high exchange rate always holding me back. but in the meantime keep getting higher and higher. lol

the high exchange rate always holding me back. but in the meantime keep getting higher and higher. lol

is it fast (or decently fast) to transfer money from DBS back to a malaysian account? money in & out purely for investment purpose.

or better to just go CIMB sg all the way

oh... this is the wrong approach, better to use wise (transferwise)

can CIMB sg be trusted? my fren's m'sian acct kena mysterious PayPal charges to her debit card. i don't mind closing my DBS acct & moving over to CIMG sg if it wasn't for that

Cimb sg refreshed new app
Cannot login
Asked to sms 75558 but msia number cannot sms to sg 75558 how you guy solve this issue?

what is the error u got cannot login?