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 Opening a Bank Account in Singapore

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jutamind
post Oct 6 2018, 11:40 AM

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Just submitted for MBB SG iSavvy account yesterday. Just fill up the form with supporting docs. Was told no need bank draft now. Once account approved, just do foreign TT to SG account would do

QUOTE(myprop9 @ Oct 6 2018, 10:16 AM)
Regretfully Mbb iSavvy Account opening is backward compared to Cimb Fastsaver-i. For Mbb you need to buy a bank draft for the initial deposit to be submitted with the Application Form with Supporting Documents to selected Mbb Branches in MY. Mbb MY will then courier all the documents together with the draft to Mbb Battery Road SG which processing time will take three weeks to be approved or rejected.

For iSavvy you cannot do transfer like Cimb as all transfers to iSavvy Acct from m2u will be treated as foreign TT.
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This post has been edited by jutamind: Oct 6 2018, 11:41 AM
jutamind
post Sep 12 2020, 09:40 PM

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If we transfer from Maybank MY to Maybank SG, apart from the RM10 service charge from Maybank MY, is there any intermediary bank charges charged to us hence reducing to the received amount?
jutamind
post Sep 12 2020, 11:03 PM

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Trying to compare the cost of transfer between Maybank and the rest

QUOTE(Happy360 @ Sep 12 2020, 11:01 PM)
Why use maybank.....there are instarem or transferwise.

Fintech are low cost.
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