held both POSB and DBS for the past 25 yrs.....just closed them last year 

i think they have tis minimum a/c balance fees ...like SGD 2/month for <SGD500...
not sure about it now

from that historical chart,...it increased 40.15 for the past 20 yrs,...that is about 2% pa
if you were to add in that 0.5% then the future value calculator will have to used the average Msia bank deposit rate of 2.9 instead of 2.4,...then it will be 77% instead of 60% increase

oh why, investing in MY only? 

i now worked in MY, property in MY, stayed in MY, EPF in MY
not 100% sure on how the forex will moves in my favours

also i think one of the forummer mentioned, something like...if you invested in NON malaysia EQ,...you are also investing out of M'sia

Hi sifus,

How much can I transfer from my Malaysian bank account to my Singapore bank account without attracting queries from our authorities? Daily max? Monthly max?
Thanks

As in, you open a bank account in SG as a traveller?

Without working in SG (non SG resident)?

Thanks. Will try Maybank SG next time. Since I already got Maybank MY.
I don't have CIMB Msia yet but will try.
Post above says CIMB and Maybank ok.

I will just try all 3 (DBS in HQ, CIMB, and Maybank) and see how

Thanks for the info.

CIMB seem convenient as we can open online provided we have CIMB MY already.

Just found out about this "S$ iSAVvy Savings Account".
Will download and fill up the form and go to the selected branches to apply
Edited :
Regarding the "S$ iSAVvy Savings Account",
it is still the same Maybank card we use in Malaysia right?
We log in to our Maybank app, normally got basic account, and then M2u savers, and now I will have a 3rd account called "S$ iSAVvy Savings Account". And I can just move the money, say from M2U saver to this "S$ iSAVvy Savings Account" through the Maybank app?

Since I have to deposit SGD $500 within 30 days from the date of account opening.. I assume I can just say, transfer RM1600 from M2u savers to that Savvy account

Hey guys..I just open up Singapore account via cimb.

So the next question is. Which platform to use to use convert the rm to sg dollar as we know bank exchange rate is higher.

Ppl advise to use wise
But wanna see if have other options as well

I have done the another way.
I have bank in 1k Sd already to get it activated
It did show up my name and so on

But my cimb Malaysia still yet to appear my Singapore account. Already click link and submit. Need a few days.
Then only I do the small amount transfer via cimb

Is it ok? I ask my Fren help on this as he is Singapore.

If I got rejected the money should be sent back to the original owner right?

Yup yup.. he did.. we save the exchange rate..I help him buy something from Malaysia. Win win

So either way will do right. Pay 1k first or link account first.

so I managed to activate a Maybank SG account from all the advise here. PIN letter took a long time to come and even had to request a new one as the 1st had expired by the time I received it.

Does anyone mind sharing what they use their $$ for in terms of wealth generation in SG ?

I feel like I did this backwards as most here seem to already have a purpose for their SG account. 

usually how long the fund will reached singapore bank if transfer via sunway money?

not working in SG, and likely won't be bringing my measly sum back to MY. In my case, would any tax be applicable if gains are made in SG Unit Trust or US Stocks ?

alekos see this. Ark is superior to s&p500 if one were to invest from 2015->2021
https://www.portfoliovisualizer.com/backtes...analysisResults

Key in spy asset 1 100%, arkk asset 2 100% and arkw asset 3 100% duration 2015 to 2021

whats the next step?
the online tutorial only teach until the transfer 1 sgd via cimbcliks

hi..does anyone have info on HSBC singapore will allow withdrawal of cash in foreign acocunt? Example: withdraw USD from the USD account. no conversion of any currency,

Thank you. I understand that.
As of now, still no call and reply to my email yet. I'll proceed with transferring sgd1k via 3rd party sg bank account

hi, does anyone know what is the difference using DuitNow vs TT to transfer from CIMB MY to SG account ?

Thanks fpr reply... sorry, still a bit lost.

IBFT and TT are there differences in the charges ?

For fintech, is there any that accept crossed out identification or driving license ? TransferWise only accept 'live' IC.

I went to open CIMB MY Basic Saving account today (without annual charge). First branch rejected my application because I am "student"  and I mentioned I "do investment in SG". The branch seem wary of my source of fund despite me saying that it is from scholarships and savings/scholarships in the past. I didn't bring any other documents except from student ID and IC as I already applied to open online. The staff even mentioned "computers can't think like humans", so I was expected to bring other supporting documents, despite the email/message saying only Student ID + IC.

Then I moved to another branch after lunch (just in time before the 1.30 p.m. limit) and mentioned I open account to "facilitate transfer of funds from here to Hong Kong" ("cheat" them by saying their FX rates quite good, so can move money back and forth between HK and MY when they asked why open another bank account despite already having Maybank). They approve. I brought more supporting documents from my uni too though this time they were more friendly and didn't ask to look at them. I deposited just 50 MYR inside to kick-start everything.

Now I plan to proceed with CIMB Fastsaver opening, but looking at Gracie's blog https://ringgitfreedom.com/banking/opening-...for-malaysians/ , it seems the request to link CIMB SG and CIMB MY can be rejected (step 5) and in her case she actually need to call up the bank to request for approval.

I believe Gracie is working so she has a valid reason (to invest in SG for example). Since my purpose is to facilitate "funds transfer from HK and MY" as I mentioned to the branch, I can't think of a good reason to explain my need to link CIMB MY and SG if I open one, they reject and I need to call up. Should I wait till my postgrad study to continue with CIMB SG? Not urgent to transfer money back to MY, but it seems like CIMB is very strict in account opening compared to Maybank. Like an octopus with tentacles everywhere...

I already have Maybank SG and MY. So you suggest me to create CIMB SG but temporarily don't link with CIMB MY until say in the future I start working?

Meanwhile just fund CIMB SG from Maybank SG should be fine?