Just checking, do we need to deposit money to cimb sg account once a year to avoid account become inactive like in Malaysia?

Which part says so?

This form clears says you need to present in person at MY branch or Premier Wealth Center.

https://www.maybank2u.com.sg/iwov-resources...n-Form-mbmy.pdf

Online account application is for SG PR and citizens only.

Thinking of consolidating accounts. I have both cimb sg and posb account. Which is better to keep? Any advantage from each account?
In terms of remittance from malaysia to singapore and further to IBKR or TDA, which account is better?

I was told to keep at least $500 in the posb account to avoid fees many years ago. Not aware that it allows for $0.1 in the account.

I was not sure if I want to transfer back to Malaysia later on. I'm thinking of getting a credit card from Singapore if that is possible as a way to use my savings for daily expenses in Malaysia. Not sure if that is even legal...

If i can remember correctly, previously ramjade mention a type of posb saving a/c that has very low fall below fees... I can't recall the name of that saving a/c (I think not all type of posb saving a/c)
Or use a normal posb a/c to open a dbs a/c that requires very low balance n has very low fall below fees.... (just cannot remember that particular name of that saving a/c)
I cannot remember in full details
Ramjade,  pls confirm.

Curious...what would be the benefit of Maybank SG iSAVvy savings account ?
can share?

probably the same case as well with CIMB SG?

Guys is cimb sg still the cheapest way to transfer SGD to MYR?

I saw got other providers like Wise and Instarem

Alrightm btw i checked. Cimb sg is still cheaper than wise.

you earn in SGD? I guess either you invest in SGD or USD denominated assets?

I tried to apply an iSavvy account online but it was stuck at the last stage simply because the OTP was not sent to my Malaysian mobile phone number. Called MBB Singapore and they said it could be the extra zero in front of phone number but MBB Malaysia can't do anything because that format is fixed lol.

iSavvy account fall below fee is SGD 2 right?

I have CIMB SG account already, I dunno whether need open another one bank account because CIMB Singapore just one branch only.

is it fast (or decently fast) to transfer money from DBS back to a malaysian account? money in & out purely for investment purpose.

or better to just go CIMB sg all the way

POSB/DBS every corner, nook, and alley is more common than a MBB ATM in MY.
It's really everywhere.
DBS first account with us got 0 minimum IF apply online. (I just opened a DBS Multiplier).
It is best to hold a credit card in local currency IF you are in MY. Conversion rates may be a problem.
CIMB SG is just a method of doing the wire transfers without actually carrying wads of $100 around..
But all in all I think its too much hassle.
Better to just open a proper local bank acc, DBS, UOB, OCBC are pretty good in terms of ATM availability.
Once u have a debit card (local) getting around and paying with it (wave to pay) its pretty convenient, already can use all the cut queue self checkouts and order like a boss in McD.

Anyone tried transferring money from Maybank SG to Maybank MY before? What's the rate compare to CIMB SG? Had bad customer service experience with CIMB

So currently Malaysian only can open Maybank SG and CIMB SG bank account right if no working in SG?

work in malaysia, if open cimb SG account
1. any charges per year?
2. will receive SG ATM card?

today sunway money rate is already 3.21 =(

Hi Ramjade, may i know which DBS branch u went to apply for this ? Thank you so much

Anyone knows about this error? kindly please advise

i already fill up all details at m2u

hi, is it true when needing POSB, OCBC, standard charted, and uob,

need to deposit 250k in order to open a saving account, as Malaysia not working in Singapore, or a permanent resident.

Recently re-opening border my friend able to open SCB bonus saver account bundled with their share trading account. Key word : Raffles branch only.

Sgd3k to open the bonus saver account.

Must maintain min sgd3k at all times else sgd5 fee will be deducted every month