Cause those that open and park SGD in singapore banks since 2010 laughing liao. 😆 FD rate low? Kindly check again… also got government bonds/t-bills that offers as high as 4.5%+

Also not to mentioned potential currency appreciation, more investment choices, politically stable country, business/investment friendly environment etc.

I am one of those people. Lol. Last time it was 3.0 only.
Forget sg bank FD. Just open tiger and park your money into their MMF. Tiger MMF basically invest into their FD.

Only sg banks which let Malaysian open account without you needing to step foot there is cimb, maybank and ocbc.

Rest maybe can be done if you are willing to park SGD250-300k for priority banking purpose.

Can. Need to beg. Only sg banks that let you open without any working pass is DBS. But need to open DBS Vickers as well. Try it at mbfc.

Nowadays no pass, no account unless you are priority customer. Priority customer is need cause officer want to earn money/bonus, bank also want to earn money.

FD interest won't stay high. If you have been around long enough you will know before COVID, the rates are only 1.x%p a. What then?

Singapore FD rarely on par with Malaysian rates in the olden days.