i opened a HSBC account instead .. haha

Successfully opened my DBS Multipler Account!

(Too bad, DBS My Account for Sporeans only, according to staff from DBS Woodlands branch.)

Anyway, took me 4 hours of waiting, 2 visits, and 3 attempts...

Some important takeaways:

1. As mentioned before, arrive earlier with your documents ready. I arrived 30 minutes before branch opens and you already see 15 people queuing. By the time branch open at 10 am, another 15 people queuing behind me.

2. Not all passes are strictly acceptable. Certain passes lie in the grey area. Work Holiday Pass (WHP) is one of them. It happened that when I showed all the documents, including the WHP card to the bank staff, it was rejected initialy by one of the staffs (not the same staff I met last week). Just before I packed things and started planning my trip to the MBFC branch, I saw and remembered another staff whom I knew from my first visit last week. I double confirmed with her that I have provided all the documents this time and suspected of potential miscommunications among the staffs (recall last week I don't have proof of residential address and source of fund, this time the 2 documents are ready.)

She went back in with all my documents and came back telling me it is ok to open an account with a WHP pass.

So, key message: you need some luck. Try to ask other employees in case one says no. Last resort is to go to MBFC branch and finally try online digibank submission.

3. Woodlands branch is especially busy due to Malaysians coming in from JB as well (overheard a DBS banker's conversation with another client while queuing), so consider other branch further south if needed.

4. If you queue early you will be attended early. But once you leave and want to return to the queue (they use a SMS queuing system, where the queue number will be sent to your phone), you will have to wait. I received SMS at 10.30 a.m. and was only able to enter the branch and started the applications at around 2.30 pm.

5. The DBS Visa Debit card will be automatically renewed every 5 years. DBS will send a "free" card to the address registered in the system. Make sure you change the address to your Malaysia's address when you return home otherwise the card will be mailed to the existing SG address. No annual card fees. The DBS Visa debit card will have NETS features as well, similar to the Maybank SG card.

6. For Malaysians, the DBS account identity card no. will be your Malaysian IC No., NOT your passport number. The I/C No. column in the DBS system will show something like MXXXXXX-XX-XXXX (M stands for Malaysia, XXXXXX-XX-XXXX is your Malaysia IC no.). However, you still need to bring BOTH documents when you open your bank account.

7. A note on SG phone number. If you are just a short-term visitor who puchase "cheap" SIM cards from 7-11 like me (validity 90 days), some of these phone numbers have already been used before by other users and become inactivated or cancelled. It so happened that my current SG mobile number was used before by someone else and has been registered in the DBS system. In this case, use your Malaysian phone number to proceed with account opening. Make sure you can receive TAC and messages from DBS at the same time to verify that the Malaysian SIM can receive TAC and other important messages. 

8. For those who are interested, DBS Multipler Accounts have some "tricks" for you to earn the maximum saving account rates. You can find these tricks online in SG's HardwareZone forum: https://forums.hardwarezone.com.sg/threads/...r-plan.5699929/ 

Will add more here if I can remember.

Hi...
anyone has cimb sg account?
my sg acc is tide to my local cimb account.
how do i transfer from sg account back to my local cimb account using wise?
possible?

how do u transfer using cimb?
i cant select transfer from sg account ..
the drop down selection menu is empty at transfer page

Hi...
anyone has cimb sg account?
my sg acc is tide to my local cimb account.
how do i transfer from sg account back to my local cimb account using wise?
possible?

no worries....even from cimbclick..i cant transfer back from my SG to MY acc..lol..so weird...only one way...not two way

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

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?

You didnt go your homework enough. Come I spoon-feed you
There's only one bank in sg which accept Malaysian without sg address or if you are not working/studying sg.

Cost to maintain account varies from SGD3000-SGD0.00

But you need to be physically there to open account. No online opening account.

That's bank is DBS. But you need to open their DBS Vickers account. After that see what account they opened for you.

If it's a DBS multiplier you need to maintain sgd3k for 6 months.
If it's a DBS My account it cost sgd0.00 to maintain account.

If you get a DBS multiplier account, you can switch to DBS My account after 6 months via online.

Hope that helps.

These should be the bare minimum.

Malaysia IC,
Malaysia passport,
SG Arrival Card (the one sent to your email inbox after immigration) since you don't have any passes/permits
Proof of source of fund (print latest statements of SG bank accounts and MY bank accounts)
Proof of MY address (e.g. MY telephone/utility bills)
Proof of MY employment status (a job offer letter, salary slips etc.)

These are extras, but to be safe:

Proof of SG address (at least a hotel in SG if you stay there, but most likely not needed)
Proof of tax residency (MY income tax filings)

No need to bring any amount for account opening at DBS, you can deposit at the CDM machines later if successful.

----------------If you are interested in CDP account opening----------------------

Once you are successful with DBS account application, if you have a relative in SG and don't mind some lost in privacy, first change your DBS address (both mailing and residential) to your relative's SG address. After bank approves, you can then open your CDP account as a "foreigner" here: https://investors.sgx.com/cdp-account-openi.../form-selection

It will likely take 1-2 months to complete the CDP account opening, but the timing should be right as the risk-free rates continue to rise into next year. You can then buy SSBs and SG bills/bonds.

TOS already give info. But this is what I recommend.
Malaysia IC,
Malaysia passport,
Proof of source of fund (print latest statements MY bank accounts)
Proof of MY address
Income tax filling receipt.
Rm30k worth of cash in SGD values. Since you are going down sg, make good use of mid valley money changer rate.

Hi, did you manage to open an account? Would like to hear the report from you.

How long will you stay in SG?

any success?

that being said, nobody use endowus?