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 Opening a Bank Account in Singapore

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cryzord
post Oct 6 2021, 12:06 AM

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If i am to purchase goods from Singapore, est. around 5-10 times/transactions per year, is it recommended to open a CIMB Singapore account or just use Wise for each transaction?

Thank you in advance.
cryzord
post Oct 6 2021, 08:28 AM

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QUOTE(Ramjade @ Oct 6 2021, 12:18 AM)
Use Bigpay.
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Hi Ramjade, thanks for your reply. Is there any good recommendations besides Bigpay?
cryzord
post Oct 6 2021, 12:22 PM

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QUOTE(Ramjade @ Oct 6 2021, 09:30 AM)
For now bigpay. Coming soon mymy card/youtrip card. Don't know when launched. I don't think merchant trade is good.
He/she wants to buy stuff. Not send money to sg. Sunway money is way better than instarem or wise in terms of rates and final foreign currency. I don't bother about inatarem anymore. They are now expensive. I dont know which one have best rates for hkd as I don't bother sending hkd.
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Thanks for all feedbacks. Apologize i may not be clear at d first place. Basically i received the invoice from seller and need to transfer SGD to their company account in Spore, 1st transaction need to be done in this week, and there will be more to come. Hence instead of using concentional bank TT, looking for any other alternative way, appreciate your advice.
cryzord
post Oct 6 2021, 12:28 PM

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QUOTE(Ramjade @ Oct 6 2021, 12:24 PM)
If sending money, no brainer to use Sunway money. It's the cheapest.
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Will give it a try, thanks alot
cryzord
post Oct 15 2021, 05:18 PM

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QUOTE(Ramjade @ Oct 6 2021, 12:29 PM)
I think Sunway money opening account may take more than a week.
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Done transferred using Sunway Money, account opening took less than a week, quite efficient.

 

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