I earn RM and deposit into SGD every 3-4x a year.
I am a salaried man. Upon opening account they want bank statement and they will ask you where is money coming from.
Just be truthful to them and give them whatever they want.

Sometimes, I do deposit in funds from Canada and Australia into my SG bank acct.. No issue at all.

I believe one's records with MAS has to be clean,... it's worthy to put in effort to preserve the good record with MAS.

I don't travel. My SGD is used to fund interactive broker. Hence I am not limited to Sreits alone. I have a whole lot of options to pick. From there I can buy anything I like. All online.

Money park in SGD is basically rotting and I don't mind cash rot. This is because I keep it to buy when things are selling at a discount. When things are at a discount and you have no cash,  you cannot take opportunity of it. Of course to do that you need to be OK with rotting cash. I know someone who cannot tahan rotting cash.

Avoid those priority banking. They are only interested in making money off you to the point they can sell you garbage.

Yes, you are right. The thing is, if you do TT'ing into and out from the brokerage acct into your Msian bank acct, the charges are high. And you may experience exchange losses.

Without an SG bank acct, you can't access the cash with your hands. You are very much 'tied-back' the the Msian Ringgit, per se,...

Barricade Yea i open stashaway sg acct. You can have

• stashaway simple, works just like KDI save. 3.7% per annum
  
• stashaway simple guaranteed