Hi, whether Malaysian can open the HSBC Singapore bank account without Singapore address?
Opening a Bank Account in Singapore
Opening a Bank Account in Singapore
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Oct 31 2021, 08:02 PM
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102 posts Joined: Oct 2017 |
Hi, whether Malaysian can open the HSBC Singapore bank account without Singapore address?
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Oct 31 2021, 08:57 PM
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#2
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102 posts Joined: Oct 2017 |
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Oct 31 2021, 09:50 PM
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#3
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QUOTE(Ramjade @ Oct 31 2021, 09:04 PM) Go with CIMB sg. You do t even need priority banking. All you nee dia just SGD1000 to open. I keep mine with SGD0.10 only inside. So there is no choice for Malaysian??? CIMB SG I also have bank account for me but TT transfer fee very high then before I Google found HSBC SG if you perform TT via online will be free. So that why I curious whether Malaysian can open HSBC SG bank account.This post has been edited by lyyera96: Oct 31 2021, 09:53 PM |
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Oct 31 2021, 10:39 PM
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QUOTE(TOS @ Oct 31 2021, 10:18 PM) TT in or TT out? If TT in then CIMB SG no fees. For outward remittance in SG, usually people use FAST or to a lesser extent MEPS and they are free/cheap (FAST definitely free, some banks charge on MEPS). For outward remittance to overseas, if possible can use fintech service providers like Wise/Instarem etc. This is good sharing, thanks a lot to youRegarding HSBC SG if TT free. Again time after time, you should remind yourself there is NO such thing as free in this world. This "free" service is paid for by the opportunity cost of locking several hundred of thousands with them to earn interest income and potentially highly lucrative wealth management fee from your some hundred thousands deposit. In other words, you already "pay" them with your huge deposit. Oligopolistic/monopolistic-competitive market like banks like to play with these kinds of "differentiated services", like different telcos offering different packages with different charges yet they look the same if you count the cost, or the different toothpaste brands with very similar net weight/packaging (few people know that Darlie's parent company Hawley & Hazel is 50% owned by Colgate-Palmolive). TOS liked this post
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Nov 14 2021, 11:08 PM
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102 posts Joined: Oct 2017 |
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Nov 14 2021, 11:18 PM
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#6
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Mar 15 2022, 10:14 PM
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QUOTE(sidefulnes @ Mar 15 2022, 11:07 AM) Submitted my application to Maybank and documents have been couriered. Fingers crossed haha. now we can open Maybank SG on website right, no need go to branch submit document?Plan B is to find opportunity to travel down to Sg to attempt to apply for DBS account with Vickers |
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Apr 23 2022, 10:39 AM
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QUOTE(Ramjade @ Apr 18 2022, 06:21 PM) Here you go. After you click apply this page comes up. Have any fall below fee for iSavvy saving account?https://apply.maybank.com.sg/CASA/#/welcome...2539.1650277224 |
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Apr 24 2022, 11:04 AM
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#9
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QUOTE(leetan33 @ Apr 23 2022, 06:38 PM) I tried to apply an iSavvy account online but it was stuck at the last stage simply because the OTP was not sent to my Malaysian mobile phone number. Called MBB Singapore and they said it could be the extra zero in front of phone number but MBB Malaysia can't do anything because that format is fixed lol. iSavvy account fall below fee is SGD 2 right? |
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Apr 24 2022, 02:31 PM
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May 22 2022, 10:18 AM
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May 30 2022, 09:26 PM
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Jun 6 2022, 07:44 PM
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Jun 16 2022, 10:05 PM
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Jul 6 2022, 08:11 PM
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Jul 24 2022, 09:18 AM
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Aug 10 2022, 08:48 PM
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#17
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QUOTE(Ramjade @ Aug 10 2022, 04:20 PM) No need priority banking. Follow my way. Take a flight or bus to Singapore. Go marina bay financial center, open DBS Vickers and open DBS multi currency. It's basically free acocunt. Only need to pay for transport fees, food and maybe accomodation if you want to stay overnight but this is before 7 years right??? |
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Jan 31 2023, 10:30 PM
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Jan 31 2023, 10:32 PM
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QUOTE(gooroojee @ Jan 31 2023, 01:26 PM) You can try Maybank Singapore, if you have a Maybank Malaysia account. I applied online couple of months ago, it was approved the next day, and i transferred funds and started using it immediately. This month I apply Maybank SG account, now cannot apply online anymore, need go to branch submit application form. |
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Jan 31 2023, 10:52 PM
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QUOTE(daijoubu @ Jan 17 2023, 01:19 AM) Between HSBC Premier vs SCB Priority banking as a gateway to open a Singapore based account, which would be better in terms of: https://www.fsb.org/wp-content/uploads/P211122.pdfa) options of investment within Malaysia b) option of investment within Singapore c) speed to open the account at MY and SG Thanks all in advance https://www.mas.gov.sg/news/media-releases/...ks-in-singapore https://www.bnm.gov.my/-/domestic-systemica...d-sib-framework confirm HSBC lah, top 3 G-SIBs in the world based on FSB announcement (JP Morgan, Citi, HSCS), too big cannot bankrupt in the world For singapore side, top 7 D-SIBs is DBS, OCBC, UOB, Maybank, Citi, HSBC, Standard Chartered For malaysia side, top 3 D-SIBs is Maybank, CIMB, Public Bank daijoubu liked this post
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