i have a MBB SG.

Wise or Instarem exchange + fee has always been better every time i want to perform the exchange compared to MBB SG

if you want to put money into FD, mind as well put in money market fund which has flexible withdrawal and better rate. For example, you can create Sfye SG without being employed in SG.

Dear sifu,

In order to get the best SGD-MYR exchange rate, I went to open CIMB at MY & SG.

I have opened CIMB FastSaver online.
MY side, despite claiming that it can be done competely online, they asked me to go to branch to complete the online registration.

The issue now is that I applied online to open Basic Savings without Annual Fee but the branch staff changed the account to EcoSave-i without my consent. After finding it out, I asked why change as it comes with annual fee.

She claimed that Basic Savings Account cannot be linked to CIMB SG. Is this true? Any sifu here who has a Basic Savings Account and linked it to CIMB SG?

i have already submited an inquiry to CIMB. If the answer is not promising, I'll submit a complaint to Bank Negara.

i didn't disclose my plans and didn't have CIMB SG account at the time of application at CIMB MY.

Nowadays, opening bank account is not simple and they tend to ask about your employment. I said that I work in SG. That's all.

She guessed my intention and used it as an excuse when I conforted her when my account was called Ecosave-i instead Basic Savings Account without Annual Fee. Even if I don't disclose my employment, I suspect that they will find another excuse.

Anyway, what's done is done. I'll wait for CIMB MY's official response before submiting a complaint to BNM.

At least, the others are aware and will be more alert when dealing with CIMB staffs.

This post has been edited by Gabriel03: Nov 18 2024, 11:54 PM

but from SGD to MYR, CIMB is still best, right?

Last year, I chose the branch just for admin purpose. qthe debit card was delivered to my place in MY and I have never entered the branch before.

Finally, after one month, the problem is resolved. Initially, CqIMB CS didn't entertain me. I had to bring in BNM. At first, they were talking crap to hide things under the carpet with BNM in CCq. When I asked for written bank policy, then only they relented and tell the truth.




This post has been edited by Gabriel03: Dec 11 2024, 07:58 PM

CIMB Basic Savings Account without Annual Fee can be linked to CIMB Fastsaver SG.

A month ago, I went to complete my online application for CIMB BSA without AF as it required me to present documents. The bank officer go and change the type of account to Ecosave without my knowledge. When I ask why she did it, she lied to me that BSA without AF cannot be linked to CIMB SG account.

Probably, she has some quota to get people to sign up to that account as it comes with an annual fee of RM 15.

This post has been edited by Gabriel03: Dec 11 2024, 08:25 PM