You do need to abide by malaysian regulations about currency removal. There's a max limit before you have to declare to customs.

10-20k is still a large sum to carry around.

Suggest you do so bit by bit.

Anyway, personally I do not see why you'd want a SG bank account, the interest rate is pathetic. Travelling into SG also takes up the interest earned, somehow if I didn't already have an account and I want SGD, I'd just change at money changer and keep at home or keep in forex FD, and even then the interest rate is pathetic because pegged to MAS rates.

which broker are you looking at? most charge around SGD25 per trade - very high, when you consider in the US per trade is around USD10.

I did exactly what you intended to do. Here are my steps:

1. Find out which bank offers the lowest MINIMUM req for your saving account. For me was UOB at SGD 500. Anything less nets that nasty charge. Also must have internet banking.
2. Find out which trading firm you'd like to buy stocks with. For me was one with internet trading.
3. Find out what you need for items 1 and 2. E.g. IC photocopy, proof of residence in Msia (e.g. utility bill with your name on it- Streamyx and Astro usually don't count), referral letter from an existing account holder (for bank and for trading account) and the minimum amount of cash needed to open the account (this is in SGD)
4. Prepare transport and accomodation (if any) to SG.
5. Go during working days to BANK first to open your savings account. They will do a background check and the referral letter comes in handy (go ask your SG friends who have existing accounts there). Give them the SGD to set up the bank account- usually 1k SGD.
6. Get your account set up. You will get the ATM card, bank no, PIN etc (biasa stuff). Also get the international transfer codes from them (IBAN, SWIFT) and internet login (important!).
7. Go to the TRADING FIRM next to open your trading account and your CDP account set up.  Give them the paper requirements and also your bank account number to tie in to the trading account and to your CDP (important for dividend payouts). You also need to deposit the minimum cash to your trading wallet. This sum here is quite hefty (could be around 5k SGD)
8. Once all paperwork done, go back home and have a good rest. CDP and the trading firm will mail you the access codes for online trading.

Congratulations you can now trade like a Singaporean from Malaysia!

Ps. To top up your trading account with more money, do international TT (telegraphic transfer) using the banking codes you got for your bank account. Internet banking can transfer the funds from the SG banking account to your SG trading account.

I have 1k SGD carried by cash (for the bank) and 5k SGD carried in form of *banker's cheque (for the trading account). *Normal cheque will not work! Banker's cheque/draft is a legit form of real cash- no owe owe.

we appreciate if u can check out the brokers fees and share with s....

  I guess so. I also received this email today to my surprised.

Quick comment here : A far cry from what you said earlier…😂…. And odd that you could have missed replying to a tagging, you must have taken the last few days thinking how to reply.

Relax man…

So… ok. I am right abt having funds abroad and how to use the money. You forgot to say to loved travelling too…😂