My application went thru this week, after the aproval SMS and emails containing the 2 passwords, already deposited S$500 to tje iSAVvy acct? Its easier and less hassle to transfer online from a Malaysian Maybank acct.

Limited to 3k per day,not more

could you please advice?

how do you do it?

from Maybank MY, TT to maybank SG?

For the funds transfer ?
From MBB MY to MBB SG, using the Maybank Overseas Transfer feature.
It was pretty easy and the funds was reflected almost immediately at the SG side.

For the funds transfer ?
From MBB MY to MBB SG, using the Maybank Overseas Transfer feature.
It was pretty easy and the funds was reflected almost immediately at the SG side.

You will receive a SMS (short messaging service) confirmation on the next business day once your account is
activated and be able to access the full suite of banking services.

quote from pdf inside email

did you receive SMS confirmation for account activation?

i read past posts of this topic and it got me wondering

any reason why you guys prefer fullerton  SGD  over fullerton USD?

isnt usd better? i last check the interest is 5.2643% (7d Annualized)

i gave them my malaysian StashAway monthly statement (that time, haven't purchased any shares in IBKR acct yet, so I don't think an empty IBKR acct will be of any use), no "investment in sg". approved without any hiccups.
only transferred S$1 from CIMB MY, the rest via Wise

Happy to share that I have successfully opened my OCBC Singapore account with just my IC and Passport.

The process of applying through the app is a bit a pain in the ass, as needs to do several times for the app to accept my IC. Tips, the ic can be slightly outside the rectangle.

Took about 3 working days for the account to be approved. Was given Global Savings Account and Statement Savings Account.

Initial deposit required is just SGD1000, it can be from your Singaporean bank account or Malaysian bank account. I already have Maybank SG account. So this is very seamless.

Despite the T&C showing initial deposit for non-resident Statement Savings Account is SGD20k. I just needed to deposit SGD1k. Not sure if this only applies for Malaysians or what.

Regardless, even if the fall below fee for non-resident Statement Savings Account which is 20k is imposed as per T&C (no fee for first year), don't worry, we can go around this. 

Once you have access to the OCBC SG online banking, you can immediately apply for other accounts like OCBC 360 (minimum balance 3k) or OCBC Frank (minimum balance 1k), Monthly Savings account (minimum balance 500) or other OCBC SG accounts. I prefer OCBC 360. I will close Statement Savings Account after this.

So for all Malaysians residing in Malaysia, with no SG pass whatsoever. Right now we have 3 easy options for SG bank accounts (Maybank, CIMB and OCBC), everything done online, super easy.

For those who are interested to apply OCBC SG account, can use my referral code NLC9FDOS . You will get SGD15, and I will get SGD15.

Just sharing my recent experience trying to open a CIMB SG account.

I already have a CIMB MY account and applied for CIMB SG on 13 August. The form filling was easy and the account was created on the same day. I transferred SGD1k from my DBS SG via Ifast and also applied to link my CIMB MY account and CIMB SG account.

Accounts were linked on 16 August and I transferred SGD5 from CIMB MY to CIMB SG.

Note that my account had been created but not approved.

On 16 August I received an email from CIMB SG asking for my bank statement showing proof of salary crediting. I provided this and also reiterated that I am an existing CIMB MY and DBS SG account holder and had made transfers in via both accounts.The email also asked my intended purpose for opening the account. I responded saying I wanted to open the account for investment, depositing SGD and spending for personal use during visits to Singaporean.

8 days passed without any response.

On 24 August I sent a follow up.

On 29 August I received an email asking for proof of investment in SG. I responded saying that I already told them that my intention is for investment (such as FD deposit in SGD) and how can I prove my future intention when the account is not even opened?

Very frustrated at how long and nonsensical this process has been. I'm really regretting opening this account and now have SGD1005 stuck there, and a very slow and inefficient account opening team. I just hope they will give me my money back if they disallow my account opening.

how about "savings"?
can this word be used?