Opening a Bank Account in Singapore
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 Sep 18 2015, 10:35 PM
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#1
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Senior Member
2,278 posts Joined: Jan 2013 
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QUOTE(Showtime747 @ Sep 18 2015, 05:03 PM) No lah. The reason BNM lock down is because of money laundering. At that time, many politicians were transferring money out of the country using money changer. Escape the banking system and the records. So eventually this route is eliminated. why so troublesome? politicians can transfer directly and tell bnm that they are donations   |
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Sep 18 2015, 10:41 PM
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#2
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Senior Member
2,278 posts Joined: Jan 2013
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QUOTE(Hansel @ Sep 18 2015, 03:48 PM) Yes, now is quite a good time to buy a house in Sgp. But be careful of the loan interest rate and the rise of SOR/SIBOR if you are not taking a Fixed Rate package. if you are not citizen or permanent resident, you will be required to pay additional stamp duty of 15%. |
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Sep 18 2015, 10:46 PM
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#3
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Senior Member
2,278 posts Joined: Jan 2013
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QUOTE(wjchay @ Sep 18 2015, 03:51 PM) Seems like SC Priority banking customers also offered this service: pre-arrival usually means when you are relocating."Pre-arrival account opening 2.14 We will assist you to open accounts at Standard Chartered Bank in other countries (subject to the local laws and regulations there) at your request." No mention of fees tho. |
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Dec 16 2015, 09:04 PM
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#4
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Senior Member
2,278 posts Joined: Jan 2013
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QUOTE(orangbulu @ Dec 16 2015, 04:34 PM) They used to have 10k sgd note. The highest value note in the whole world at that time. But they discontinued it last year. do they have $5000 note? |
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Feb 2 2016, 06:22 PM
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#5
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Senior Member
2,278 posts Joined: Jan 2013
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QUOTE(Jeof @ Feb 2 2016, 06:10 PM) Hi guys i myself too is planning to open one in singapore. I was planning to open dbs account. I do not have -any permit whatsoever. Was wondering if the banks will deny us? why not if you have $$$$? many indonesians open bank accounts in singapore too. be prepared to go to another bank/branch if the staff make things difficult for you. remember to bring proof of address. |
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