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 Opening a Bank Account in Singapore

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Paul13579
post May 26 2025, 05:21 PM

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QUOTE(annoymous1234 @ May 10 2025, 10:57 PM)
I just open a CIMB SG account, received email with the application. However I need a password send to my mobile number to open the application attached, and I didn't receive any, anyone got experience how long need to wait for CIMB SG to send sms?
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Usually pretty quick, like minutes. Might be worth retrying or checking signal

Paul13579
post May 26 2025, 05:22 PM

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my bad, I made the same post twice

This post has been edited by Paul13579: May 26 2025, 05:22 PM
annoymous1234
post May 26 2025, 06:22 PM

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QUOTE(Paul13579 @ May 26 2025, 05:21 PM)
Usually pretty quick, like minutes. Might be worth retrying or checking signal
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I didn't receive any sms until now. I'm worried I enter the wrong number during registration. Also, my application status is still under processing since 10 may. No one has called or even email me. sweat.gif
Medufsaid
post May 26 2025, 06:28 PM

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annoymous1234 have you already deposited S$1k into CIMB sg acct for verification purposes?
annoymous1234
post May 26 2025, 06:56 PM

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QUOTE(Medufsaid @ May 26 2025, 06:28 PM)
annoymous1234 have you already deposited S$1k into CIMB sg acct for verification purposes?
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No. I don't know what is my logins detail's to login cimb sg or even account number.all I have email from cimb sg attached with my application form, Which is passwords protected and the password which is supposed to sms to me.

This post has been edited by annoymous1234: May 26 2025, 06:57 PM
Medufsaid
post May 26 2025, 07:42 PM

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annoymous1234 have you linked to CIMB MY already?

user posted image

after linked, it should appear here (just that u cannot withdraw S$ until acct approved)

user posted image
annoymous1234
post May 26 2025, 08:01 PM

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QUOTE(Medufsaid @ May 26 2025, 07:42 PM)
annoymous1234 have you linked to CIMB MY already?

user posted image

after linked, it should appear here (just that u cannot withdraw S$ until acct approved)

user posted image
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Yes I did it after I register that day, but it didn't appear like yours. I think it means my application not approved?
Medufsaid
post May 26 2025, 08:22 PM

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yea.. then your situation is unique, or CIMB SOP already changed from years ago. usually what happens is, u can still see amount details from CIMB MY side before CIMB SG actually approved/activated
QUOTE
Re my initial deposit for CIMB S'pore, I tested with S$1 transfer from my joint account in another Spore Bank.
It showed up in my CIMB clicks online and the linked Sg account is shown as "active". Then transferred another S$999 from the same joint account. Immediately reflected in the account as seen in my CIMB clicks.MY.

It's been 2 days, I've not received any activation code  for CIMB Clicks Sg.
Hmm, maybe need to contact them
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QUOTE
I thought something not right as their approval email says they will send  a 6 digit  activation code via SMS, to enable log-in to Cimb.Sg within 1 business day after account is activated.

So, the 'active' status i see on Cimb Clicks. MY  does not mean that the account is actived.
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annoymous1234
post May 28 2025, 11:50 PM

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QUOTE(Medufsaid @ May 26 2025, 08:22 PM)
yea.. then your situation is unique, or CIMB SOP already changed from years ago. usually what happens is, u can still see amount details from CIMB MY side before CIMB SG actually approved/activated
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update. i just received email from CIMB SG asking me to transfer SGD1000 to continue my application, I also have my account number, now doing the linking,
btw, if they ask me what is the purpose of opening account, is it safe to say for investment? if they ask me what investment, how to reply? i scare sweat.gif

This post has been edited by annoymous1234: May 28 2025, 11:51 PM
TOS2
post May 28 2025, 11:56 PM

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QUOTE(annoymous1234 @ May 28 2025, 11:50 PM)
update. i just received email from CIMB SG asking me to transfer SGD1000 to continue my application, I also have my account number, now doing the linking,
btw, if they ask me what is the purpose of opening account, is it safe to say for investment? if they ask me what investment, how to reply? i scare  sweat.gif
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No, do not ever mention the word investment when you open an account with any bank.

Tell them you like their SGD FD rates, or will go to SG often to travel, or you like their MYR to SGD FX conversion rate.

Say anything that will please the bank, even though they are complete nonsense.
Medufsaid
post May 29 2025, 06:51 AM

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annoymous1234 a tip here. you can either link by
  1. transferring S$1k from CIMB MY (expensive), or
  2. open an MBB sg acct now and transfer S$1k from MBB sg to CIMB sg https://www.maybank2u.com.sg/en/personal/cr...casa/index.page
route no. 2 will allow you to save on forex costs, but of cos that means you'll end up with 2 sg bank accts. CIMB sg used to allow deposits from wise for verification purposes but not anymore

This post has been edited by Medufsaid: Jul 18 2025, 04:33 PM
annoymous1234
post May 29 2025, 11:42 AM

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QUOTE(TOS2 @ May 28 2025, 11:56 PM)
No, do not ever mention the word investment when you open an account with any bank.

Tell them you like their SGD FD rates, or will go to SG often to travel, or you like their MYR to SGD FX conversion rate.

Say anything that will please the bank, even though they are complete nonsense.
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FD sounds good. Thanks!

QUOTE(Medufsaid @ May 29 2025, 06:51 AM)
annoymous1234 a tip here. you can either link by

  1. transferring S$1k from CIMB MY (expensive), or
  2. open an MBB sg acct now and transfer S$1k from MBB sg to CIMB sg https://apply.maybank.com.sg/regionalcasa/A...Opening/arrihla
route no. 2 will allow you to save on forex costs, but of cos that means you'll end up with 2 sg bank accts. CIMB sg used to allow deposits from wise for verification purposes but not anymore
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Very likely I'll just go for option 1, just want to get this over with. sweat.gif
Medufsaid
post May 29 2025, 11:47 AM

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if you make your transfer to SGD via sunway money, do they ask you for reason of transfer like money match? i haven't done any transfer via sunway yet

This post has been edited by Medufsaid: May 29 2025, 05:01 PM
annoymous1234
post Jun 2 2025, 08:05 PM

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Good news! My cimb sg application is approved! Got the sms too. Means my number didn't enter wrong. Phew!
annoymous1234
post Jun 2 2025, 08:05 PM

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QUOTE(Medufsaid @ May 29 2025, 11:47 AM)
if you make your transfer to SGD via sunway money, do they ask you for reason of transfer like money match? i haven't done any transfer via sunway yet
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Later I will try
Ramjade
post Jun 3 2025, 01:21 AM

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QUOTE(Medufsaid @ May 29 2025, 11:47 AM)
if you make your transfer to SGD via sunway money, do they ask you for reason of transfer like money match? i haven't done any transfer via sunway yet
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Maybe first transfer only. Subsequently no more unlike money match.
jaapers
post Jun 7 2025, 11:41 PM

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QUOTE(Ramjade @ Dec 17 2024, 08:12 PM)
Of course. But they don't need sg address. But you need to be there in person.

Specifically DBS HQ at MBFC.
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QUOTE
Willingness to come to SG.
Willingness to wait 4-6H
Willingness to beg
Willingness to open DBS Vickers account
SGD3k
Utilities bill
Malaysian bank statement
Pay slip
Income tax filling

Do you mind sharing the steps for this? Please PM me if you prefer. Appreciate it.
Proof of malaysian address is enough?
tropik
post Jun 18 2025, 10:52 AM

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Medufsaid

Is this Maybank SG swiftcode?

MBBESGS2XXX
Medufsaid
post Jun 18 2025, 10:56 AM

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QUOTE(Medufsaid @ Dec 17 2024, 04:41 PM)
user posted image
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tropik
GalaxyV
post Jun 18 2025, 11:02 AM

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why many like to open bank account in Singapore?

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