QUOTE(taiping... @ Apr 13 2021, 07:34 PM)
Yes. Transfer SGD1.00 only Opening a Bank Account in Singapore
Opening a Bank Account in Singapore
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Apr 13 2021, 08:07 PM
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#661
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24,431 posts Joined: Feb 2011 |
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Apr 24 2021, 12:07 AM
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#662
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24,431 posts Joined: Feb 2011 |
QUOTE(neshineo @ Apr 24 2021, 12:04 AM) Hi, Are you Malaysian or foreigner?I stuck at the very beginning process, open the CIMB Malaysia account, seems like it is a lot of trouble open the saving account now. Any idea how to do it? As i brought my employer letter, the bank said my company didt have the account in CIMB so the letter is no use. And i can't use investment purpose. So any idea? |
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Apr 26 2021, 06:11 PM
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#663
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24,431 posts Joined: Feb 2011 |
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Apr 27 2021, 04:27 PM
Return to original view | IPv6 | Post
#664
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24,431 posts Joined: Feb 2011 |
QUOTE(torres09 @ Apr 27 2021, 01:24 PM) Hi guys, newbie here.. If you have no debts you transfer unlimited amount.If successfully open CIMB SG account, any limit on funds that you can transfer to that account? Will BNM check if say, every month transfer few thousand RM out to CIMB SG? Thanks and sorry if it's a noob question. If you have debts max is RM1M/year. As per bank negara. Of course if you transfer more than what your salary is get ready for sg banks to questions you. And give them proof where money is coming from. |
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Apr 27 2021, 04:48 PM
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#665
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QUOTE(torres09 @ Apr 27 2021, 04:34 PM) Yo bro thanks for the reply. No issue. But keep bank statement and say record of selling of your shares in case they asked.And if I shift money back into CIMB Malaysia, will it trigger anything? So I just prove that I sent the money to CIMB SG in the first place, and now I am transferring it back? Thanks. Edit: just to be clear, with the current economic climate in Malaysia, I feel it is safer to park a part of my savings in SG for stability as well as planning for my children's education. But if I need the money due to emergency, I will need to transfer it back to Malaysia. Keep in mind from now on, every year during efilling of LHDN, you need to tick the box I have overseas bank acocunt. Better safe than sorry cause Malaysian govt already know you have overseas bank account (cooperation with sg govt) Failing to tick that box means you are trying to hide your overseas bank account. |
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Apr 27 2021, 05:19 PM
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#666
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24,431 posts Joined: Feb 2011 |
QUOTE(HonG8821 @ Apr 27 2021, 04:52 PM) Hi. I just created an account for CIMB SG and initiated account linking from my CIMB MY account. Normally how long will it take for them to verify and approve this? Also normally what is the phone no. that they will use to call me for verification purpose? 2 weeks like thatPhone number for OTP. |
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Apr 28 2021, 07:50 AM
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#667
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24,431 posts Joined: Feb 2011 |
QUOTE(neshineo @ Apr 27 2021, 07:40 PM) Im opening basic saving account, but they r asking a lot of questions, like purpose of opening and ask me to provide a valid document to support it(wth?). Which like they are giving you trouble to open, complaint to CIMB and the customer service replied decision for opening account is all up to the branches(wth?!). Just tell them you are just using as your first bank account. You don't have any bank account yet. For saving purpose.Guess i have to find an easier branch? |
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Apr 30 2021, 11:08 AM
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#668
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24,431 posts Joined: Feb 2011 |
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Apr 30 2021, 06:53 PM
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#669
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24,431 posts Joined: Feb 2011 |
QUOTE(neshineo @ Apr 30 2021, 06:10 PM) ok, update here. Did you get your free basic savings account? Or CIMB open some other account for you?I finally opened my saving account(hooray), in another branch Due to too many peoples come and open saving account and sell to the market for fraud case, so they are very strict about this now I have ask them about the basic account thing, they said BNM is only promised all bank "will" offer basic saving account, not "shall". So they still hold the final decision that whether to let you open or not Just show all the valid documents(EPF, Income Tax, etc) to support you are not selling your account then you are safe. Goodluck guys! should cont open my sg account now |
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Apr 30 2021, 07:38 PM
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#670
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24,431 posts Joined: Feb 2011 |
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Apr 30 2021, 08:02 PM
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#671
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24,431 posts Joined: Feb 2011 |
QUOTE(neshineo @ Apr 30 2021, 07:59 PM) Never mind. For now keep it. 6 months later open the free basic account online and close the airasia account.Most important is able to open sg bank account. Pay RM15 is a small price to pay. This post has been edited by Ramjade: Apr 30 2021, 08:03 PM |
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Apr 30 2021, 08:29 PM
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#672
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24,431 posts Joined: Feb 2011 |
QUOTE(torres09 @ Apr 30 2021, 08:18 PM) Update: Make sure to open free basic savings account online and close your current account 7 months later so you don't get charged by CIMB.Managed to open my Ecosave (or whatever) savings account online, went to branch for verification and deposit. Opened SG FastSaver account, verified with OTP and transferred $1000 via Wise. Submitted account linking in CIMBclicks MY now waiting for approval. Here's hoping everything goes well. This post has been edited by Ramjade: Apr 30 2021, 08:30 PM |
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May 3 2021, 07:53 PM
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#673
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24,431 posts Joined: Feb 2011 |
QUOTE(neshineo @ May 3 2021, 07:27 PM) lolz, now only i realize we got charged for the annual fees 15MYR every year for every "special" saving account. Your choice. If you feel like it's worth paying the bank for no reason, by all means pay them. I was wondering what is the different and why do u ask us to close the account. For me, banks serve us and not we serve the banks and I do not like to give banks free money especially they don't give me anything in return so why bother paying bank fees? That's why all my bank account are fees free. I don't pay a single thing to banks. orangutan liked this post
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May 4 2021, 03:35 AM
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#674
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24,431 posts Joined: Feb 2011 |
QUOTE(AnasM @ May 3 2021, 09:30 PM) Why do you want to deposit sgd3k when the verification requires only SGD1.00?Unless you like to pay banks free money then by all means deposit with them SGD3k (I assumed it's from Malaysia) |
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May 15 2021, 09:24 AM
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#675
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24,431 posts Joined: Feb 2011 |
QUOTE(Mr.Weezy @ May 15 2021, 09:13 AM) Very helpful video on YouTube that shows opening CIMB SG account, hope everyone that is researching in this topic is able to see this |
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May 15 2021, 04:13 PM
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#676
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24,431 posts Joined: Feb 2011 |
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May 23 2021, 09:59 AM
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#677
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24,431 posts Joined: Feb 2011 |
QUOTE(taiping... @ May 23 2021, 09:54 AM) I hav just opened CIMB Singapore No card. You want card you pay extra SGD10. Besides CIMB ATM sucks cause only located at their branch and I think only 2 branch in the whole island. They don't have branch thoughout whole island. Not worth it. Will i be able to obtain an ATM card from singapore and withdraw money from Singapore if i want to Sorry if it has been asked bfore Use bigpay to pay as they accept bigpay thoughout the island. If you are worried about hawker not accepting cards just go Midvalley Money changer before going and change your cash there. This post has been edited by Ramjade: May 23 2021, 10:01 AM |
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May 23 2021, 10:02 AM
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#678
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24,431 posts Joined: Feb 2011 |
QUOTE(taiping... @ May 23 2021, 10:00 AM) You want to pay SGS10 and travel about 1h to their branch just to withdraw money or deposit money? Not worth it man.Even if they give me their card for free I also don't want. This post has been edited by Ramjade: May 23 2021, 10:03 AM |
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May 23 2021, 10:45 AM
Return to original view | IPv6 | Post
#679
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24,431 posts Joined: Feb 2011 |
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May 24 2021, 03:14 PM
Return to original view | IPv6 | Post
#680
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24,431 posts Joined: Feb 2011 |
QUOTE(Hansel @ May 24 2021, 02:46 PM) You are right ! I was abt to say this,... that bro is backdated,.... I don't visit branch so why should I keep up about how many branch they have? Besides I don't use Cimb debit card. I only use Bigpay in Singapore.And having a CIMB Debit card will allow one to spend at merchants,.. not only for funds withdrawal at an ATM,.... if one does not have any other SG Debit Cards,.... why not ? Bro there's bigpay. You don't even need to convert. It will charge you close to moneychanger rate. Acceptable anywhere they accept cards. Coming soon Revolut and MyMy. |
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