[quote=elea88,Jul 20 2025, 08:54 PM]
[quote=Ramjade,Jul 18 2025, 01:47 AM]
Didn't see this.
I am going to have kids. What I am doing doing is
1. Give all the firepower for my kids as much as possible
2. Retire as early as possible

my dear.. Once you have kids.. u can delay retirement le..

Kids suck $$$ supersonic speed.
It start with Best Milk.. follow by best kindy. then Kiasu schools.
follow by Top Uni( top also means $$$)...

[/quote]
for best uni, how much to budget? 1mil,.2mil, 3 mil or more?

,... always wanting the last say,... add one more after this,.. and we're done.

Thing is,... I recalled he said earlier,... he will remain single, and will never have kids. But I guessed people changed as time passes-by.

I know. That's why have to prepare. That's why I said options really help me and if there is a options god I would say thank you very much to him or her or it for showing me a new way.

It make my above finance list to do very doable.

Around 6 mil I guess? Have to factor in inflation.

I have been going out and meeting girls. But what to do? Girls don't like guys who don't spend money, no yearly overseas trip, no makan out.

Also hard to find a girl with the above characteristics.l and value delayed gratification.

Need to find a girl who have that who don't spend money, no yearly overseas trip, no makan out.

This post has been edited by Ramjade: Jul 20 2025, 09:48 PM

Double post.

This post has been edited by Ramjade: Jul 20 2025, 09:46 PM

What have you done to this thread Ramjade

Suddenly open SG bank account topic become single, no gf, kids suck $$$



But yea, bro Ram, cheapstake girls are hard to come by. Girls these days expect guys to pay for everything, buy endless present, gifts.

It never ends bro. If you don't make them realize the beauty of economic rice in Malaysia and Singapore, we the "4k a month in Klang Valley fresh grad" men will go bankrupt sooner rather than later with endless personal loans and credit card debts.

I broke up recently over money issues, and feel for you as well.

As for kiasu schools, best milk powders. I graduated from a not-so-popular primary school very near my house. Aced through UPSR with 7As. entered the top secondary school in Penang. My neighbour went to top primary school a little further from my house, still entered the same secondary school as mine, with slightly poorer results.

The best milk powder and top-tier schooling system can only help that much. Having seen and dated with girls with terrible attitudes, one must conclude that parent's nurturing and education matters the most in the end.

Enough off-topic stuffs, let's continue with opening bank accounts in SG.

This post has been edited by TOS2: Jul 20 2025, 10:28 PM

i married her liao...

good luck to you n bro tos...

I have a question. I have read a little bit about DuitNow oversea transfer and it said it will follow the bank foreign exchange rate. May I know why there is a difference here between duitnow and other methods even though it is the same bank?

I suggest you learn how to err... google?



This post has been edited by Medufsaid: Jul 21 2025, 07:26 PM

Sorry, need to get it down right away, main purpose is to deposit into IBKR.
I'm already using Maybank, so would be directly easier for me to open Maybank SG right? Or cimb sg account still has some advantage? (Besides the min sgd200 balance for Maybank sgd)

Once open Maybank sgd, use sunway money to transfer myr, and then use IBKR deposit sgd function?

Ah... I must'd been blind just now

The advantage of CIMB SG is its superior SGD-MYR exchange rate when you decided to bring those money back home

if don't want to use SGD route, u can now buy LSE / USA etfs in FSMOne, and send to IBKR

Out of curiosity, I tried to transfer SGD from my Wise account to my Maybank SG account as initial deposit. Surprisedly, it went through

Hey bro , in the end what you do reply to them the purpose of the account ?
How long does it take for you from application submission till approved?

For me I also plan to open CIMB SG for IBKR investment purpose

They didn't ask me the purpose, just straight approve.
I think it took around 3 Weeks from beginning to end

trying to apply for MBB SG https://www.maybank2u.com.sg/en/personal/cr...casa/index.page , but i was rerouted to MBB MY, and then log in, it says it doesn't exist.

anyways to confirm if process below to fund IBKR
a) open mbb
b) then duitnow MBB MY-> MBB SG
c) then use MBB SG to fund IBKR

for rewithdrawal comparison MBB and WISE, can i say there's not much difference? as IBKR offers 1time free withdrawal for any options?

so basically i'm just saving when funding to IBKR only using MBB SG (comparing to wise)

Use Cimb SG over Maybank sg. Reasons
1. Cimb SG got very good rates if and when you want to bring the money back to Malaysia
2. No minimum amount required to be forever lock up in the account mine only have SGD0.10

DuitNow daily limit RM3k. between RM3,000 to RM50,000 can use Sunway Money. after that can use Maybank Overseas transfer up to RM100kmonthly 1st withdrawal free for all kinds. below is the fee u need to pay if need to make 2nd withdrawal in 1 month



this doesn't include forex fees. e.g., if want to convert USD to SGD in IBKR, have to pay USD2. so if u just want to withdraw RM500, you'll find that Wise will be cheaper

This post has been edited by Medufsaid: Jul 28 2025, 01:12 PM

Hey there, interesting thread here.

I was looking in to opening a bank account in SG for work purposes. It seems the consensus here is that the best option is opening CIMB MY and CIMB SG.

- CIMB SG has the best rate to transfer money back to Malaysia to CIMB MY.
- Transferring from Malaysia to CIMB SG however should use MoneyMatch/Sunway Money for better rates to SG.

I am also interested in IBKR for investment purposes which of course can be deposited through CIMB SG.

CIMB SG could be my salary deposit account, the downside is that they don't seem to have much ATMs at all if I need cash withdrawals.

Does this make sense for someone working in SG? Or was it mostly for someone working in MY wanting to use SG accounts with IBKR Investments?

This post has been edited by SwarmTroll: Jul 29 2025, 01:26 AM

SwarmTroll because you'll be working in singapore soon, it might be better for you to open a proper singapore bank acct before creating a CIMB sg acct to remit money back to MY. many sinkies open CIMB sg acct bcos of good interest rates anyway https://forums.hardwarezone.com.sg/threads/...176026/page-314

alternatively, you can open a MBB sg bank acct right now for your banking/salary needs, and also use it to open CIMB sg acct. it'll also give you access to atm5 network in SG https://www.maybank2u.com.sg/iwov-resources...atm-network.pdf. but MBB sg is not a full fledged bank compared to home grown banks like DBS

This post has been edited by Medufsaid: Jul 29 2025, 06:15 AM