hi,

i have browsed through this topic and it seems like most people are recommending opening a maybank iSavvy account. My question is is there a PDF application form to download? i went to maybank SG site and the only option was to fill up the online form.

since i will be heading to SG sometime in August. I guess i will head to a local branch to try my luck. May I also know what are the documents that are needed?

This post has been edited by coolguy99: Jul 28 2017, 10:34 AM

thanks a lot man i searched left and right but couldn't find the form. ok i will be doing that.

"Initial deposit in the form of a SGD Demand Draft made out in your name, and is obtainable from any of our 40 listed Maybank Malaysia Branches"

can i ask what this means?

I want to ask if I open an isavvy account, can I make the withdrawal in malaysia? If I were to withdraw, it will be converted to ringgit?

I just went to submit my documents in KL main branch. Wish me luck

My isavvy was just approved. Called up Maybank sg and asked.

my maybank isavvy account opening process is finally completed, just received the security token via mail today.

if i want to start investing in unit trust or stock market, the best platform will be poems? i have read through the threads here it seems like this is the best option today. can any sifu advise?

I gave maybank Singapore a call after one month waiting and they told me that they have just received the documents. They were very diligent in following up and even went to the extent of giving me a call right after my application was approved. Entire process took me 2 months however I believe the hold up was caused my the malaysia side.

Can I purchase stocks through poems? I prefer to stick to one platform instead of multiple platforms which can be difficult to manage in the Long run.

In terms of the brokerage, what do you mean by pre funded? Means you purchase with cash in account?

If you plan to invest in Singapore then yes it is required as most brokers require a local Singapore bank account for account opening.

thanks for the advise man. which broker did you go for stock trading?

what documents do i need to prepare if i want to open an investment account with Philips Securities? I found this in their website but i dont quite understand the part where you have to make a deposit. can anyone who has opened an account there help to clarify?

Foreigner not residing in Singapore
Passport with at least 6 months validity AND
A bank statement issued within the last 3 months in your country
For residential and mailing addresses which are different or not indicated in your passport, please provide supporting document(s) issued within the last 3 months that reflect your residential and mailing addresses such as:

Utility bills OR
Statement from any Financial Institutions in your country OR
Correspondence from any government bodies in your country
For verification purposes, you may choose to:

make an initial deposit (of not more than SGD 1,000 or its equivalent in any currency) via internet banking from your own bank account in Singapore, into our bank account (Phillip Securities Pte Ltd). Please indicate ‘0000000’ as the consumer reference number.

Or

make an initial deposit via telegraphic transfer (of not more than SGD 1,000 or its equivalent in any currency) into our bank account, with your name provided in the bank’s TT payment advice to show that funds are withdrawn from your own account with the bank (this is applicable only to applicants residing in FATF member jurisdictions). Please indicate ‘NEW – *your identification / passport number as per application* e.g. NEW – A123456 ’ in the remarks section. Our staff will be contacting you to provide you with the relevant TT details.

Or

provide copies of documentation which must be scanned or photographed from the original documents and must be signed by a Commissioner of Oath or Notary Public. The required signed documents to be sent to us after completion. For your convenience please click here for a self-address envelope.

This post has been edited by coolguy99: Dec 14 2017, 07:43 PM

thanks Ramjade. I am going to walk in as I will be heading over to Singapore next week. thanks man.

noted man.

Is it true that you need to take some online questionaire before you are allowed to buy unit trust in sg?

I wasn’t told to fill up the pdpa and cka form that is fine right? I filled up only the account opening form.

I checked with them. As I opened a prepaid account, all I have to fill up is the account opening form as it is not linked to CDP

i would say exchange some but not all, at least that is what i am doing now

if u have any friend working in singapore just exchange some with them. this is the easiest way...

yes this is exactly what I meant. I have many friends who is currently working in SG. From time to time they will need to exchange some ringgit to pay off bills, loans etc, that is how i got my SGD.