I think u can store them in FCA using the preferential rate, then transfer from there batch by batch? 

Even maybank online TT only allow max myr30k per day which is sad

RM30k is more or less my one year salary (it's slightly >RM30k) 

Same la

Guess if you limit your TT to SGD 3k, Alliance hot rate (not the extra hot rate) should be sufficiently competitive enough to do online (unless you prefer go to UOB OTC or go down SG, then is a different story )

Waste of money to TT bit by bit. Better to lump sum. Why? Each time TT kena charge RM10.60 regardless of amount. 

Yeah, UOB tends to offer the best forex rates. UOB Privileged banking customers get slightly better than board rates.  But I think bbgoat mentioned for USD Citigold offers even better rate than UOB.

RM30k is more or less my one year salary (it's slightly >RM30k) 

Hmm, that must be a different arrangement all together. Like i say, the account was opened >1 year ago. Best to ignore my comments

I think CIMB is using that method to meet the KYC and AMLA requirements, leverage on due d done by the other SG bank
Got letters. Like I say, the account was not opened online, it was opened through preferred banking RM in Msia. After open account, transfer SGD1k to meet the minimum deposit amount requirements

Last August I have asked UOB RM for a preferential USD rate. The rate she gave is better than UOB's published rate. But still not as good as Citibank's board rate. Though later in CB I got slightly better Citigold rate when the branch called HQ.

So it is worthwhile to check out Citibank's board rate. Just like shopping. 

In what ways can a Malaysian maximize returns by opening a Singapore account? Basically it's UT, reits correct ? FD is totally out of the topic since the returns are rather miniscule.

Let's put it this way, you open account, you practically have access to the world's market. Why? Singapore is one of the world's financial hub.
S-Reits, ETFs, wider selection of UT compare to our country, protection against falling RM, able to deposit in foreign currency notes over the bank counter These are what I can think of.

Can we deposit SGD into , say, OCBC Malaysia assuming one has OCBC Singapore accoubt? What about if one has OCBC Singapore multi currency account?

dun worry bro, cause before i went to the maybank i've do some research on it , i also saw the $5000 initial deposit, but i think should be fine
in another words, if i die, u die also haha, will update here if i received the parcel. estimated will received after 17/2/2017

hey man, have you heard back yet? 

not yet bro , still waiting , how about you?

Waste of money to TT bit by bit. Better to lump sum. Why? Each time TT kena charge RM10.60 regardless of amount. 

if using ALLIANCE any idea if there is charges from SINGAPORE?

Eg: if TT SGD 1K.. upon receive in Singapore bank , its still SGD 1K? or there are deductions?

so, far i see ALLIANCE hot rate is the best. but need be sure on charges.

not yet, will call them end of next week...

try email them about your application status @ CallCentre@maybank.com.sg

that's how I get my update twice in a week. Put down your phone number with country code and let them know to call you instead of email.

edit: before they update you about the application status, they will verify certain info with you first (IC number, type of account opened etc...)