Fullerton SGD cash fund invest in FDs basically.

If you got huge money, no issue. They will turn you away. If you are peasant like me, yes no hope.

DBS > OCBC. OCBC got no good multicurrency acocunt. If got also need to lock up sgd3k.

1. CIMB SG offer the best rate Vs other banks unless you can get access to fintech like singx.

2. Don't know.

3. Please do not use your sg money to pay your Malaysian bills.
Kindly do not put money into Singapore if you keep wanting to bring back money or use the money every month. Money in Singapore is meant to be long term/one way ticket which you can only assess say after 5-10 years. By you keep bringing the money back, the only person to benefit is cimb.

Of course. Just use FAST transfer. Singlife accept FAST transfer. I have asked them.

If you are based in sg, just go with DBS My acocunt. It have multicurrency acocunt vs CIMB. Only downside is the rate not as great as Cimb. Otherwise multicurrency acocunt which let you send or received foreign currency without the need for conversion, no min lockup amount.

Never ever use cimb Malaysia to transfer RM to SGD. It's expensive. You get less SGD per ringgit by using cimb Malaysia.

This post has been edited by Ramjade: Jul 18 2023, 06:41 PM

Sunway money. No one come close.

Only pay RM1.00 You can check yourself. I have checked myself using maybank, cimb, Hong leong, UOB, standard chartered, instarem, moneymatch, TransferWise. All cannot even match Sunway money.

I don't have HSBC bank account to check.

This post has been edited by Ramjade: Jul 18 2023, 09:05 PM

Yes. Sunway money still wins. Don't ask me why.

I have sign up for all. Last time always did comparison. Still sunway money always win. Nowadays don't bother doing comparison cause if I do comparisons, sunway money is still the cheapest. Lol.

Did you do during office hour? If you do during weekends and after hour then yeahmn Glad to know. That means the other competitors are getting competitive again.
Le met check for my next month transfer and will update here.
Can money match send to own account? Last I check, they block people from sending to their own account?

You can add. What when you try send money, money is return to you. It cannot go though. Something about their license does not let them send money to oneself. Lol

Not sure if their license have been updated. This was 7 years ago history.

That's why I never used them at all already and as mentioned they have lost rates.

Any update? Did the transaction go through? Is the money in your account already? Are the rates better than Sunway money?

Good to know that now they can transfer to own account. Let me check the rates once I send money next month and see if moneymarch rates are competitive.

Once I reach rm10k, I move my money to Singapore. I can reach rm10k if I grind, if not it's just rm5k like that.

I kena audited both my Singapore and Malaysia side. For me, so far, Sunway money have always give me the best rate. Years already. Not sure why Medufsaid said moneymatch better. I will do comparison on Monday (just key in and see amount) and do real transfer next month and see who have the best rate.

Audited from sunway money and cimb SG. They want my bank statement to see where my money is coming from. No fund freezes. Just give them the statement via email, answer their call (sg side and you are good).

I have been transferring ringgit since 1mdb started. I transferred regardless of ringgit price cause long term ringgit can only go down. What is expensive today is actually cheap in future.

This post has been edited by Ramjade: Jul 22 2023, 06:21 PM

Sunway money and CIMB sg. The bank statement will tell them where the money is coming from.

None by lhdn. For me I declare everything to lhdn. As mentioned in another place if you declared everything to lhdn and keep all records, they cannot do anything to you.

Sg is rather old fashion and old school despite them portraying themselves as modern.

Last time I went, they do not have thumbprint verification for banks. I was like omg. Haha

That's why next trip I am going down, closing all my maybank stuff. Not needed since I have Moomoo, FSM.