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 Opening a Bank Account in Singapore

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jas029
post Dec 31 2021, 11:03 AM

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just wondering after submitting the application for Fastsaver SG account, do u guys get the account number and email/sms right away (instantly) ?
jas029
post Dec 31 2021, 05:49 PM

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QUOTE(Ramjade @ Dec 31 2021, 01:43 PM)
After filling up the fastsaver page, they will email you the bank account for you to deposit sgd1k or sgd1k for eKYC.

Cause how to proceed with eKYC if you don't have the account number to deposit your money?
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i mean after u click submit at the final step of application page, do we get the account number instantly?

because i only got a application reference number only
jas029
post Dec 31 2021, 07:53 PM

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QUOTE(Ramjade @ Dec 31 2021, 06:38 PM)
Check your email, spam folder. Forgot already. If nothing, wait a few days to up to a week. If don't have anything by then, give CIMB SG a call.
https://ringgitfreedom.com/banking/opening-...for-malaysians/
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thanks for the info..

but yea, i did follow the blog guide.. as well as other various similar guide regarding this topic.. but most seems like mentioned it's instant generation of account number?

thus decided to check here anyone facing same issues where the account number is not given instantly?
jas029
post Dec 31 2021, 11:15 PM

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QUOTE(thecurious @ Dec 31 2021, 08:01 PM)
It's not instant
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ah ok.. so u waited for a few days for it actually?

guess i've misundertood from the start that it's actually instant
jas029
post Feb 4 2023, 10:40 AM

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QUOTE(Mr Gray @ Feb 3 2023, 08:42 PM)
Apply here.

https://www.maybank2u.com.sg/en/personal/cr...gd-account.page

I just follow exact step as instructed there only. Click click click. 5 minutes all done. smile.gif

Just also noticed in the FAQ that Al-Rihla has the lowest minimum balance of SGD200. That would be a better option than iSAVVY which has SGD500 minimum balance.
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cool.. maybank finally heading in the cimb sg/my route?

but the min balance requirement (sgd200, sgd500, etc) is still a hindrance for some people
jas029
post Feb 4 2023, 11:27 AM

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QUOTE(Toku @ Feb 4 2023, 10:54 AM)
How about opening RHB Singapore account? Seems like no minimum balance requirement.
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RHB also start allowing to apply for their sg account online already? if so, would be awesome if u could share the details

i remember a year or two back, i applied from m'sia using their RHB Mobile SG app.. the onboarding process was done, but ultimately the application was declined specifically due to the acc is only for singaporean or foreigner with work permit

QUOTE(!@#$%^ @ Feb 4 2023, 11:06 AM)
i think if u r going the sg route, sgd200 is not much
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yea true.. i mean for certain people, that requirement may still be a bummer considering there's another option where no min balance is require

personally i don't mind the balance required but my OCD friend is finding that en eye-sore tongue.gif
jas029
post Mar 1 2024, 11:59 AM

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QUOTE(Medufsaid @ Feb 18 2024, 04:14 PM)
Use moneymatch. Remit on weekday 9am and it'll appear in sg bank by lunchtime. If under RM3k, can use duitnow overseas transfer

btw, what are the minimum balance required for both your ocbc acct?
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is the duitnow overseas transfer only applicable to participating banks in SG such as OCBC?

if CIMB SG, able to transfer MYR to SGD using duitnow overseas transfer?
jas029
post Mar 1 2024, 02:44 PM

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QUOTE(Medufsaid @ Mar 1 2024, 12:04 PM)
Use ocbc or mbb Singapore, cimb sg not part of duitnow

If you need to send S$850 and above just use moneymatch as it'll be cheaper

Duitnow only worth it for sub$850
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i see..

how about mobile number used? can register in our m'sian mobile number to say, our OCBC SG account, and received SGD through duitnow transfer?
jas029
post Aug 6 2024, 03:43 PM

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QUOTE(throwawayacclmao @ Aug 5 2024, 06:00 PM)
dumb question
for CIMB SG FASTSAVER online account, can I deposit via CDM in SG?
I have some SGD laying around in MY home and thinking to deposit them to the SG acc when I travel there.
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QUOTE(TOS @ Aug 5 2024, 06:04 PM)
Did you apply for the ATM card?
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QUOTE(Medufsaid @ Aug 5 2024, 06:05 PM)
is there a CDM machine in CIMB sg (only 1 branch)? if not, he'll have to pay S$5 just to do over-the-counter transaction
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nowadays deposit through CDM no need debit/atm card anymore right? just enter account number, verify account name, put in cash?
jas029
post Oct 2 2024, 11:34 AM

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QUOTE(TOS @ Oct 1 2024, 10:25 PM)
Hi sifus,

After eons, I finally open a TnG eWallet account (don't laugh at me, I don't see any point opening an eWallet account when Duitnow QR is everywhere, except my favourite cheap foodstalls... they all provide TnG eWallet QR only...)

So, I discover that TnG eWallet allows DuitNow Cross border remittance from Malaysia to Singapore (but not the other way round, still have to use CIMB SG -> MY for that).

Have anyone tried checking TnG eWallet's rate for remittance from MY to SG, is it better than Maybank MY's rate? (I know the daily limit is 3000 MYR, and not comparable with large volume transfer providers like Sunway Money or Wise or MoneyMatch). CIMB MY still haven't updated me why my transfer months ago failed... I give up on them...

--------------------------

Also, have anyone tried Liquid Pay in Singapore?

How are the FX rates like for Cross Border transfer from SG -> MY?

https://www.duitnow.my/Cross-Border/fund-transfer.html

I know OCBC charges a 1% spread (worse than the 0.3% imposed by CIMB SG -> MY) route. Don't have account with UOB and I don't trust Maybank SG or MY account after my card was hacked last time. That leaves Liquid Pay as the remaining option.  smile.gif
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just wondering.. anyone ever compare whether the rate for DuitNow Cross Border is the same or different across different providers?

eg. DuitNow Cross Border for MYR to SGD on the same day for the same amount.. are the rates same/different for MBB MY -> SGD as compared to TnG -> SGD?
jas029
post Oct 2 2024, 07:53 PM

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QUOTE(Medufsaid @ Oct 2 2024, 12:19 PM)
Can someone show me the steps for TnG duitnow overseas transfer?

I did compare before CIMB my-> Singapore and MBB my-> Singapore comparison for duitnow overseas transfer. It's identical so I expect tng to have identical rates
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so it's the same across the platform..
jas029
post Dec 17 2024, 03:48 PM

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guys, if u're MBB SG Al-Rihla account holder, are u able to opt for e-statement?

if yes, can share how u manage to do it?

if no, are u just ok with the paper statement?

 

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