yup thanks to mr gray's effort. however i did not use his referral code in case either of us are involved in any shady business in sg

what's this

Think or Swim or in short, my name, TOS is the brokerage software from TD Ameritrade

https://www.tdameritrade.com.sg/tools-and-p...orswim-web.html

One of the good US brokerage which is quite free Vs interactive broker. Have real time data, buying and selling stocks is free. Only downside only have US market access, and only accepts money from DBS. To fund t generally need wire/telegraphic transfer.

i guess i can open only Maybank

CIMB (they been chasing for lots of documents) and OCBC (my mistake i activate OneToken on the wrong phone, and now i still waiting for Token Key after 2 weeks) will be hard to get for me

Just give them whatever documents they ask. If you give up half way of course cannot open acocunt. That's what happen to me. They suddenly send me email asking for proof of income, all my transaction. Send it them and they keep quiet already. Lol.

Regarding ocbc just deregister the token. Not that hard. Download the token to correct phone. And register again. I don't think they are giving out hardware token anymore. Now everyone use digital token already. Just call them up and ask. Use IDD calls to get cheaper call rates.

--edited--

OCBC SG no longer applicable to malaysians. removing this post

This post has been edited by Medufsaid: Jul 6 2025, 08:04 AM

I would like to offer a different opinion on this matter.

OCBC Singapore still provides hardware token to interested OCBC Singapore customers, although OCBC Singapore encourages the usage of mobile app with digital token.

I still prefer to use hardware tokens for OCBC Singapore and CIMB Singapore savings accounts.

This post has been edited by kart: Sep 15 2023, 09:37 AM

Good to know.

LOL you are one paranoid guy.

15 dollar referral, and that escalated rather quickly. Hahahaha.

Chill la. That's not how AMLA investigation works.

you can say so, but nothing escalated. better to be safe than sorry. not worth the trouble over sgd15.

https://www.ocbc.com/iwov-resources/sg/ocbc...23-aug-2k23.pdf



9. The Referrer consents to having his/her information disclosed to the Referred Client and any other parties as the Bank may in its sole and absolute discretion deem fit, for the purpose of this Programme.
10. The Referred Client consents to having his/her information (including such information (a) relating to the referral or the Programme; (b) required for the fulfilment of the Credits to the Referrer and the Referred Client, and the Referred Client’s status of successful funding) disclosed to the Referrer and any other parties as the Bank may in its sole and absolute discretion deem fit, for the purpose of this Programme.

24. By participating in the Programme, the Referred Client and Referrer consent to:
(i) OCBC Bank collecting and using their personal data, including but not limited to their names, mobile numbers, and email addresses, (“Personal Data”) for the purposes of verifying their identity, assessing their eligibility for the Programme, contacting them, and administering the Programme (including the redemption of any prize, gift, or reward) (the “Purposes”);
(ii) OCBC Bank disclosing their Personal Data to OCBC Bank’s third-party vendors and agencies for the same Purposes; and
(iii) the collection, use and disclosure of their Personal Data for other applicable purposes in accordance with OCBC’s Data Protection Policy (accessible at: https://www.ocbc.com/personal-banking/policies).

And when you read into their policies, there are even more things they can do.

This post has been edited by !@#$%^: Sep 16 2023, 09:20 AM

hi anyone participate in this cimb sg promo?

For new customers, open a CIMB Savings account by 30 Sep '23 to enjoy 3.50%** p.a. from your first dollar!
For existing customers, top-up your account to enjoy 3.50%^ p.a. on your incremental funds.


is fastsaver saving account qualify for this ?

the fund if transfer from cimb my to cimb sg, consider qualify ?

have u entered? just register and deposit the funds (without locking into FD) right? just leave it in savings acct

I entered the one in August, so will receive my first "top-up" bonus on the 20th of September.

Yes, depending on whether you previously have an account with CIMB SG, the terms and conditions will be slightly different. Existing customer will earn bonus interests on their incremental balance (end-day-balance on that day against that of 31 Aug '23) whereas new customers will earn bonus interests on their entire balance.

https://www.cimb.com.sg/en/personal/promoti...ep22-promo.html

Make sure your balance is at least 1k SGD for saving account (e.g. Fastsaver) and 5k SGD for current account (e.g. Starsaver) for the day(s) you wish to earn interest, otherwise you won't even qualify for the base interest (1.5% p.a.).

CIMB SG users who participated in the 3.50% p.a. "floating deposit" promo may now check that their bonus interests are credited into their accounts.

Ok, there's something fishy about CIMB's Promo. For those mathematically-inclined, using my own cashflows...



Let's ask ACCA accountant to verify my computation. ikanbilis can help check?

Excel file attached below:

 CIMB_SG_Fishy_Marketing_Tactic.zip ( 7.47k ) Number of downloads: 3


The problem is CIMB SG delays the bonus interest crediting by nearly 1 month (it's only paid on the 20th of the following month) and between end of 1 month and the 20th of next month, your "bonus" interest just earns nothing, which drags down the IRR of the overall floating deposit. And yet you can't withdraw the bonus interest exactly at the end of the prevailing month. So the effective IRR is never as high as what CIMB quotes, i.e. it's never really 3.5% p.a., but almost half of it.

Feel free to recheck my calculation guys. I may make mistake.

This post has been edited by TOS: Sep 20 2023, 04:58 PM

Life is gonna be tough for China-born Spore bank clients with other citizenships.

https://www.scmp.com/news/asia/southeast-as...aundering-probe

Like 1mdb lo. Before 1mdb easy for us Malaysian to open account. After that not easy. Before 1mdb you walk into any branch can open account.

Later if got scandal from Thailand or Indonesia, then tighten against thai or Indonesia.

This post has been edited by Ramjade: Sep 21 2023, 01:33 PM

any idea if ocbc sg charges any fee for incoming remittance via wise?

OCBC SG does not charge any fee to receive incoming remittance via Wise. I remit money as savings monthly