DBS multiplier > posb eEveryday Save
If want to talk about best rates for overseas online shopping,  travelling,  I don't need that multicurrency account now that there's BigPay where I can topup in RM.

You want to buy/sell the last 100 unit of the day to control the price ? Like UMS now 0.68, you key in 0.80 and buy ? Can that work ?

It's not just one-time 100 units,... I'd prepare a successive barrage of pockets of 100 units shares for a period of time, just like what a stabilization manager does.

Anyway, it's just a theory, bro,...  I'd probably give up on this,...

i got activation and welcome sms. but didnt receive the activation code for cimb clicks.
Do u manage to get the code after calling them?
I tried calling them despite two attempt of resending i couldnt get it as well

:thumbsup: Tq gents,...

Edited by adding : Ramjade,.. if you used CIMB Clicks Msia to open CIMB SG today, do you still need to TT funds in from one SG bank acct before the acct can be activated ?

LHDN warns need to declare overseas bank account.

Lhdn wont care. Hope u wont get their letter.

hey guys,

after reading the pages i got confused a bit, so can we use instarem to transfer from MY to SGD? or must use cimb clicks MY?

Kamsahamida!

the first time fund transfer to CIMB SG must use CIMB MY? but i dont have any account with CIMB MY, do we have other option? e.g. use intarem or other MY bank acccount?

hi all, may i ask how to trf cimb msia to cimb sg? cimb sg say no need link to do trf, cimb msia say must link only can trf. if no link and do normal trf i keep getting "We've encountered an unexpected error when retrieving your accounts. Please try again later. [CLK00570]".

Not if you know what you are doing. Don't be greedy. Pocket small change (USD10-20/week x4-5) and never underestimate small change. Overtime small change build up. I am still conservative in investing.

Options definitely pay more than dividends and I am not going back to Dividend investing. I always for making money work more efficiently for me.

Apologies for late reply,... was busy,...

You put it so easily in the above,... Upon seeing your reply now, I'll just say this very simple thing : What if you bought Lemonade and AMD and the price dived deep down and put you in the red, you'd be having unrealised capital loss. You can't sell because you'd be experiencing real loss then, and you'd continue holding,... causing you opportunity loss in other counters.

One of these days, there could come a time when there is no options offered on Lemonade and AMD,... causing you not being able to earn anymore premiums.

Conceptually,... the above line is something like the DLC game,... for many ctrs, though you are very good in the movement of such ctrs, you can't earn from DLCs because there are just no DLCs offered for such ctrs. Yeah,... we can say,... such ctrs have no liqiduidity, etc,... but the fact remains that nobody offers DLCs for such ctrs, so we can't play and profit from these ctrs.

Read my post again. Statement Savings Account has minimum balance of 20k and I intend to close this.

Other OCBC SG account like 360 etc has much lower minimum balance of 500, 1k, 3k.

I intend to keep my OCBC 360 Account.

There's discrepancy between the T&C and some pages on ocbc website.

Statement Savings Account minimum balance and minimum deposit for non-resident based on T&C is 20k, but the app only requires 1k.

Is the 20k minimum balance imposed only after one year, and waive before that?  Looks like it. If ocbc treat Malaysians as non resident.

But what if ocbc treats Malaysians as residents and therefore only 1k required? I have no idea. Ocbc would know best.

To be safe, just apply for other accounts where the minimum balance is a lot less, and there's no different category for non-residents.

Only IC and Passport is required.

They only give the 2 accounts at first, you are free to apply any other accounts once application approved and u have access to online banking.

I had opened OCBC SG MBB SG CIMB SG as well. Nice!

Fees & Charges document here https://www.ocbc.com/iwov-resources/sg/ocbc...icing-guide.pdf

It clearly stated SGD20k initial deposit. No mention of waiver of this SGD20k deposit.

And it stated SGD20k minimum balance, this is waived for the first year.

But after signing up via the app, the app only ask to deposit SGD1k. Understand where I'm coming from?

markedestiny nowadays your phone is the security device. banks around the world slowly limiting usage of SMS otp already

May I ask which bank is that?

CIMB SG uses its own app as a security token. Maybank SG gave a physical token to me last time, though they still accept SMS OTP back then. I closed my Maybank SG account last year so the token was discarded. Not sure of the latest developments with Maybank SG's authentication format.

DBS and OCBC SG also use the in-app authentication method to approve transactions. No physical tokens are issued anymore.