MY SG is different entity..but if mother bankrupt, the son and daughters all also problem lar..

Maxmoney online remitance rates quite good yor.. i use to change at its branch in Midvalley.

but again.. afraid to try.. cause i transfer always in batches of 10K sgd...

This post has been edited by gark: Mar 8 2017, 06:56 PM

You transfer using what way?

I used relative to bank into my Sg acc. Never try those money changer.

Sometimes cash and sometime TT..

This post has been edited by gark: Mar 8 2017, 07:01 PM

Alright. If TT which bank? Cimb?

Just now say already mah..

CIMB MY -> DBS SG

or

BCA ID -> DBS SG

BCA ID have better exchange rate compared to CIMB MY.. close to money changer rates..

Both banks if you TT higher amount, can get better rates..

This post has been edited by gark: Mar 8 2017, 07:07 PM

Aha. Thanks for the news. First time hear cimb can give better rates. Planning to use uob as they have the cheapest rate (compare everyday for 1 month plus ) plus better rates above rm5k (they told me).

Specifically opened uob for that purpose.

Wonder if cimb can beat uob in terms of rates.

This post has been edited by Ramjade: Mar 8 2017, 07:14 PM

Only use CIMB 2x to transfer.. mostly use cash.. cheaper.

UOB has better rates than CIMB if <RM150k

CIMB is better than UOB if >RM150k

You try and see whether same for your case or not...

I don't have RM150k Most also RM10k

RM10k I think UOB rate should be better

If only Transferwise can be used for transfer funds to/fro Malaysia-Singapore.

https://transferwise.com/sg

This post has been edited by MGM: Mar 8 2017, 09:35 PM

for those don't want to wait the PIN mailer for Maybank SG online registration, there is an alternative if you got all other docs and debit card.

1. Active debit card
2. register online banking @ www.maybank2u.com.sg, select debit card and pin.
3. use the debit card number and the debit card pin mailer
4. enjoy!

May anyone mind to share that could I still walk in to any Maybank MY to open and Maybank SG account?and what was the requirement like?and the charges of transfer would like below?

Will there be any problem transferring money from my own account from SG to MY maybank ?

MY acc to SG acc = (MY) RM10.60 + (SG) $10
SG acc to MY acc = (SG) $15 MY no charges for incoming TT.

For the application of Maybank KE Trade Account (http://www.maybank-ke.com.sg/open-an-accou...-listing/stocks):

1. Maybank KE Trade Account Application Form (http://www.maybank-ke.com.sg/media/1453572...cation-form.pdf)



For this, I should choose 'Yes', right? There should not be any fee on this financial advisory, right?

In my opinion, it should not have any effect on us, since we Malaysians are Overseas investors.


2. CDP Securities Account Opening Form (http://www.maybank-ke.com.sg/media/1453552...rm-dec-2016.pdf)

I was asked to fill up this form, even though I already have a CDP account. The thing is that the direct crediting service is linked to my DBS saving account, since I purchased Singapore Saving Bonds before this.

Can I state my DBS account number in this form, although my Maybank KE Trade Prefunded Account will be linked to my Maybank iSavvy saving account?

Thank you for the information.

This post has been edited by kart: Mar 15 2017, 11:36 PM

Hope I can help. Will ask the one servicing me this trip. But maybe gark can help?

2. One CDP account can be linked with many securities. So actually you don't need to open many CDP account. But the choice is yours whether you want to have 2 CDP accounts or not

This post has been edited by Ramjade: Mar 16 2017, 12:06 AM

Who can help me on my question ?

I will help you.
1. Not all Maybanks can do this. You need to find the selected branches. Where to find? It's in the iSavvy forms which you can download from the internet. Keep in mind there's branch for normal people and Priority banking branch. Go to the correct branch.

2. Requirements? It's listed in the pdf form. You cannot transfer straight away. You will need to get a bank draft in SGD under your name from Maybank MY. Fill up the form, drop by at the selected branch, tell them you want to open iSavvy account and they will do the rest. According to Maybank MY page, opening now need SGD5k but last I heard from Maybank SG, min is still SGD500. Don't forget your FACTA forms + income tax proof. Where to get the FACTA forms? You need to email Maybank SG for the forms.

3. Of course can. Unless you are related to xdb or you are dealing in drugs/weapons/human trafficking Keep in mind every time you transfer back and forth you will lose money. If done frequently, better your money stay in Malaysia. So think and plan carefully before you decide to move money over there

4. After sending over, wait one month, call them up and ask status of application. There will be no SMS/email/calls saying that your application is approved. You need to manually find out yourself.

Btw, all these info are available in this thread. Just browse all the previous post.

thanks to the best guidance/most patient teacher in lyn.
much appreciated, not only me but many of us who were guided by your tips.

For sure, one CDP account is enough for me. They asked me to fill up the CDP Securities Account Opening Form, if there is any change in my particular.


When I opened my CDP account last year, I was not required to fill in my income tax number. That is why I may have to fill up the CDP Securities Account Opening Form, just to inform CDP about my income tax number.


If I am not mistaken, we can nominate only one Singapore bank, for the direct crediting service. I selected DBS before, and I do not want to change that.


Since I plan to open a Maybank KE Trade Prefunded Account, CDP account and direct crediting service are not relevant to this trading account. The only purpose is for Maybank KE to verify my particulars with the help of CDP, so that I do not need to engage Commissioners for Oaths to certify my documents.

This post has been edited by kart: Mar 16 2017, 10:09 PM