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 Opening a Bank Account in Singapore

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klchoy
post Nov 25 2016, 09:37 PM

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In the maybank form, they asked to fill up reason wanting to open the account. What did you guys put?
klchoy
post Nov 26 2016, 11:44 AM

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I thought they won't allow cos of currency controls
klchoy
post Jul 12 2017, 06:05 PM

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Anyone know maybank isavvy account has any yearly maintenance charges like annual fee for ATM card etc? I didnt see any from sg mbb website. Only some charges if account balance fall below 500 sgd
klchoy
post Jul 17 2017, 11:51 AM

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QUOTE(Ramjade @ Jul 12 2017, 06:21 PM)
Singapore banks don't really play on annnual fees. Mostly play on minimum amount inside the bank account. Yes there are some bank debit cards which have annual fees but as I mentioned, SG banks usually pay on minimum level. That way, they are "assured" that they always have free money sitting inside there to make money.

AFAIK, there's no charges for Maybank iSavvy except for that.
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Thanks! Other than waiting, is there anyway to check the status of the application? I know u hit into some issues with yours intially.
klchoy
post Jul 17 2017, 01:50 PM

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QUOTE(Ramjade @ Jul 17 2017, 11:54 AM)
Call them up. Application takes like 1 month.
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Call who? I asked the MBB malaysia branch that I went to if I can call her to get updates. She said no. Malaysia side won't have any update to give

 

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