Opening a Bank Account in Singapore
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 Aug 28 2023, 09:26 AM
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#1
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Junior Member
76 posts Joined: May 2010 
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QUOTE(Ramjade @ Aug 27 2023, 11:12 AM) From what I know application is online. If you are visiting Singapore, go for DBS Vickers and DBS my account. It's superior to CIMB account. Condition to get DBS account, must open DBS Vickers. Can only be done at MBFC. Can we do online non-SGD forex conversion (eg. USD <--> EUR) with DBS My Account ? I assume not. |
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Aug 28 2023, 10:30 AM
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#2
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Junior Member
76 posts Joined: May 2010
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QUOTE(Ramjade @ Aug 28 2023, 09:44 AM) Never tried. You can get better rates by opening up a Forex broker and concert it inside the Forex broker than use DBS. Don't use IBLR for conversion cause if you use it for conversion only, they can and will ban you. Sorry, side-track abit. IBKR forex trading has the same USD2 min. commission for tiered pricing, and you get to set the desired conversion rate for the day (vs. currency conversion @ spot rate, USD2 commission). Just curious, would you get flagged and possibly banned too, taking the forex trading path, for the sake of forex conversion? |
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Nov 22 2023, 04:29 PM
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#3
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Junior Member
76 posts Joined: May 2010
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QUOTE(Ramjade @ Nov 22 2023, 04:18 PM) Not sure why my bank got no duitnow. Maybe I never activate duitnow. Lol.  Try this .. |
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Nov 22 2023, 04:54 PM
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#4
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Junior Member
76 posts Joined: May 2010
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QUOTE(Ramjade @ Nov 22 2023, 04:42 PM) Dome that. No Duit now option. Maybank transfer, western union and another unknown stuff but no duitnow. Anyway moneymatch cheaper than whatever Maybank can offer me. You did this ? |
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