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 Opening a Bank Account in Singapore

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Ramjade
post Aug 21 2023, 08:57 PM

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QUOTE(TOS @ Aug 21 2023, 06:51 PM)
Opened MoneyOwl account successfully. Had to argue with them students don't need TINs in Malaysia...

Just deposited 100 SGD into WiseSaver portfolio, it says fund received and will process in 1-2 working days. They will email you that they receive your money about 5 minutes after you transferred money out of your bank account, pretty efficient. Payment can be done via FAST or PayNow.

How long does it take to withdraw money from WiseSaver? Ramjade

I have withdrawn all money out of FSM SG at the same time. Platform fee eats 20 basis points into my annual return...
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I don't use wisesavers. I use moomoo. Haven't withdraw yet. For me very simple. The lesser account I have the better.
john123x
post Aug 21 2023, 10:33 PM

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del

This post has been edited by john123x: Aug 29 2023, 04:29 PM
ccschua
post Aug 22 2023, 09:04 AM

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for the CIMB bank, has anyone applied for 2FA ? i email CIMB but no response.
elea88
post Aug 22 2023, 09:31 AM

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QUOTE(Ramjade @ Aug 16 2023, 04:42 PM)
My DBS no need SGD500. I keep only SGD0.10 inside.
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hi i recently got the MY ACCOUNT from DBS as they change the debit card to MULTI CURRENCY. means i can now close the POEMS eeveryday savers ac? the one with min 500 requirement?
and just maintain the MY ACCOUNT?

i read the t&c.. like no mention of min. amount. balance

This post has been edited by elea88: Aug 22 2023, 09:32 AM
romuluz777
post Aug 22 2023, 10:36 AM

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QUOTE(john123x @ Aug 21 2023, 11:33 PM)
My Maybank Singapore Journey

Info:
» Click to show Spoiler - click again to hide... «


I just apply online Maybank SG iSAVvy Savings Account just now.

wish me luck.
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Is that the only account M'sians (not residing in SG) can apply for ?
!@#$%^
post Aug 22 2023, 10:54 AM

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QUOTE(sohailili @ Aug 21 2023, 09:34 AM)
I helped someone to open an account on last Friday. Got it approved within an hour. Even received a courtesy call from MooMoo rep. Yes. U need VPN to SG to it. Else you will be seeing MooMoo MY registration.

Malaysian with no SG PR. Application started from web and move to app to complete registration.
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just managed to open SG version via VPN
Ramjade
post Aug 22 2023, 11:27 AM

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QUOTE(elea88 @ Aug 22 2023, 09:31 AM)
hi i recently got the MY ACCOUNT from DBS as they change the debit card to MULTI CURRENCY. means i can now close the POEMS eeveryday savers ac? the one with min 500 requirement?
and just maintain the MY ACCOUNT?

i read the t&c.. like no mention of min. amount. balance
*
Sis you are slow. I have been using DBS my account for ages and only keep SGD0.10 inside. Yes. No more Mon SGD500 or 3000 requirement.

That's why when I going down to Singapore one of these days, going to close Maybank as well.
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post Aug 22 2023, 11:34 AM

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that being said, nobody use endowus?
john123x
post Aug 22 2023, 02:01 PM

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QUOTE(romuluz777 @ Aug 22 2023, 10:36 AM)
Is that the only account M'sians (not residing in SG) can apply for ?
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Maybank Singapore Online Account Opening for Maybank Malaysia Customer
https://www.maybank2u.com.sg/iwov-resources...gional-casa.pdf
QUOTE
7. What types of Singapore Savings Accounts can I apply for?
ï‚§ iSAVvy Savings Plus Account
ï‚§ iSAVvy Savings Account
ï‚§ SaveUp Account
ï‚§ Privilege Plus Savings Account
 iSAVvy Savings Account – i
 Ar-Rihla Regular Savings Account – i
Info from maybank SG
romuluz777
post Aug 22 2023, 02:11 PM

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QUOTE(john123x @ Aug 22 2023, 03:01 PM)
Maybank Singapore Online Account Opening for Maybank Malaysia Customer
https://www.maybank2u.com.sg/iwov-resources...gional-casa.pdf
Info from maybank SG
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Thanks bro.
Will check it out and attempt an application.
elea88
post Aug 22 2023, 02:16 PM

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QUOTE(Ramjade @ Aug 22 2023, 11:27 AM)
Sis you are slow. I have been using DBS my account for ages and only keep SGD0.10 inside. Yes. No more Mon SGD500 or 3000 requirement.

That's why when I going down to Singapore one of these days, going to close Maybank as well.
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haha o.k i go transfer my 500 to the MY AC then close the poems.

my MBB i close it long long time ago.
moonsatelite
post Aug 22 2023, 02:20 PM

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QUOTE(elea88 @ Aug 22 2023, 02:16 PM)
haha o.k i go transfer my 500 to the MY AC then close the poems.

my MBB i close it long long time ago.
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Why close the accounts? Having an account there allows you to diversify your assets, if not, just park in for example

- Syfe Cash
- Endowus Cash
- CIMB SG (3.5% interest p.a)
Ramjade
post Aug 22 2023, 03:52 PM

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QUOTE(elea88 @ Aug 22 2023, 02:16 PM)
haha o.k i go transfer my 500 to the MY AC then close the poems.

my MBB i close it long long time ago.
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Make sure you open my account first before closing your posb account. Cause I dont know if you can open acocunt after closing posb account.

Steps.
1. Open DBS my acocunt online.
2. Talk to chatbot about closing your posb acocunt
3. Follow the steps required.
4. Upon closing the posb account there will be section asking you where to transfer your money. Choose your new DBS my account number.
Ramjade
post Aug 22 2023, 03:53 PM

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QUOTE(moonsatelite @ Aug 22 2023, 02:20 PM)
Why close the accounts? Having an account there allows you to diversify your assets, if not, just park in for example

- Syfe Cash
- Endowus Cash
- CIMB SG (3.5% interest p.a)
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Because sg bank accounts have min amount requirement inside or else there's a penalty of SGD2-5.00/month (depending on acocunt).

This post has been edited by Ramjade: Aug 22 2023, 04:39 PM
john123x
post Aug 22 2023, 04:33 PM

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This post has been edited by john123x: Aug 29 2023, 04:30 PM
elea88
post Aug 22 2023, 09:29 PM

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QUOTE(Ramjade @ Aug 22 2023, 03:52 PM)
Make sure you open my account first before closing your posb account. Cause I dont know if you can open acocunt after closing posb account.

Steps.
1. Open DBS my acocunt online.
2. Talk to chatbot about closing your posb acocunt
3. Follow the steps required.
4. Upon closing the posb account there will be section asking you where to transfer your money. Choose your new DBS my account number.
*
yes already open the MY ACCOUNT.
let me go link all other ac with MY ACCOUNT before i close POSB
Ramjade
post Aug 22 2023, 10:09 PM

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QUOTE(elea88 @ Aug 22 2023, 09:29 PM)
yes already open the MY ACCOUNT.
let me go link all other ac with MY ACCOUNT before i close POSB
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Yes. But make sure to follow the steps above before closing your account.
tadashi987
post Aug 23 2023, 02:08 PM

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QUOTE(!@#$%^ @ Aug 22 2023, 11:34 AM)
that being said, nobody use endowus?
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i do, put 3k SGD into their CASH SMART SECURE since Jan, earned 53.84 SGD so far smile.gif
moonsatelite
post Aug 23 2023, 05:45 PM

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jerantut2011 Medufsaid alright, update time. already been 3 working days that i have no updates from RHB Singapore, so i decided to give them a call.

Bad news, account opening requires a valid work/ student/ dependent pass

Documents required as informed by the customer care officer.
- Passport
- Malaysian i.c
- Valid proof of address
and....
(repeat again) a valid work/ student/ dependent pass

You are required to bring all these physical documents to any RHB Singapore branch to be verified

welp...

RHB Singapore isn't opening doors to Malaysians

This post has been edited by moonsatelite: Aug 23 2023, 05:47 PM
!@#$%^
post Aug 23 2023, 05:56 PM

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QUOTE(moonsatelite @ Aug 23 2023, 05:45 PM)
jerantut2011 Medufsaid alright, update time. already been 3 working days that i have no updates from RHB Singapore, so i decided to give them a call.

Bad news, account opening requires a valid work/ student/ dependent pass

Documents required as informed by the customer care officer.
- Passport
- Malaysian i.c
- Valid proof of address
and....
(repeat again) a valid work/ student/ dependent pass

You are required to bring all these physical documents to any RHB Singapore branch to be verified

welp...

RHB Singapore isn't opening doors to Malaysians
*
ocbc is good enuf i guess

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