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 Opening a Bank Account in Singapore

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Cheeky
post Sep 18 2015, 01:18 PM

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Any advise on how to transfer large sums to Singapore account..say over the limit of 10,000usd.

Cheeky
post Sep 18 2015, 01:19 PM

Getting Started
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Junior Member
168 posts

Joined: Nov 2004


Any advise on how to transfer large sums to Singapore account..say over the limit of 10,000usd.

Cheeky
post Sep 18 2015, 01:36 PM

Getting Started
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Junior Member
168 posts

Joined: Nov 2004


QUOTE(Hansel @ Sep 18 2015, 01:30 PM)
1) Transfer 5 times using Maybank2U online on five different days OR,.....tips >>>>>>>>> within the same day from 5 different accounts.

2) Transfer at one go using TT Form via a branch, fill-in Form P and provide whatever other documents they ask of you.

Try the second method and update us. It's more expensive and slower using the first method.

Edited : wrong calculation earlier.
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Would that trigger suspicion from Bank Negara? How about using money changers?

 

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