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Opening a Bank Account in Singapore
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kucingfight
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Jul 21 2025, 10:58 PM
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Look at all my stars!!
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Sorry, need to get it down right away, main purpose is to deposit into IBKR. I'm already using Maybank, so would be directly easier for me to open Maybank SG right? Or cimb sg account still has some advantage? (Besides the min sgd200 balance for Maybank sgd)
Once open Maybank sgd, use sunway money to transfer myr, and then use IBKR deposit sgd function?
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kucingfight
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Jul 28 2025, 12:59 PM
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Look at all my stars!!
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trying to apply for MBB SG https://www.maybank2u.com.sg/en/personal/cr...casa/index.page , but i was rerouted to MBB MY, and then log in, it says it doesn't exist. anyways to confirm if process below to fund IBKR a) open mbb b) then duitnow MBB MY-> MBB SG c) then use MBB SG to fund IBKR for rewithdrawal comparison MBB and WISE, can i say there's not much difference? as IBKR offers 1time free withdrawal for any options? so basically i'm just saving when funding to IBKR only using MBB SG (comparing to wise)
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kucingfight
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Aug 19 2025, 05:00 PM
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Look at all my stars!!
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ya same, got it setup juz now within 5 hours. talking bout efficiency. tried to enable duitnow (malaysia) in Paynow, -OK, managed to tinker on it, done)
Edit: so i was comparing sunway money SGD rates, it seems to be marked up around 0.36% from XE's rate. wise is charging around 0.57% , so can i say i'm saving around 0.21%?
This post has been edited by kucingfight: Aug 19 2025, 05:08 PM
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kucingfight
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Aug 19 2025, 07:29 PM
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Look at all my stars!!
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No need to wait. Follow step here
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kucingfight
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Aug 20 2025, 10:57 AM
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Look at all my stars!!
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for first deposit, any issues of transferring to MBB SG using SunwayMoney? will it be queiried? *EDIT = can, done it..almost instant transfer
This post has been edited by kucingfight: Aug 20 2025, 03:55 PM
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kucingfight
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Aug 21 2025, 10:20 AM
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Look at all my stars!!
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yeah, just did 2nd transfer today and managed to 'catch' Sunway's forex offer @ 10am, works out to be just +0.08% compared to XE's spot.
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kucingfight
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Aug 21 2025, 12:28 PM
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Look at all my stars!!
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QUOTE(Ramjade @ Aug 21 2025, 10:30 AM) Need to be on the spot 10am or abit after 10am? i tried slight over 10am, prolly 3-4mins later. still able to get it free nasi lemak for lunch today ..
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