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 Opening a Bank Account in Singapore

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nicemamak
post Jun 4 2021, 06:06 PM

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Which bank in Malaysia can save in foreign currency like SGD, RMB etc?

Which bank is better as well as interest earn? OCBC?
nicemamak
post Jun 24 2021, 02:32 PM

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QUOTE(Mr.Weezy @ Jun 24 2021, 12:50 PM)
Anyone got experience on linking CIMB SG to CIMB Malaysia so that can wire transfer from CIMB SG directly to CIMB MY?

How long does it take for this to be approved?

Been 2 long days  bye.gif
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Btw I plan to keep some SGD in my CIMB SG, other than Stashaway Simple, what other instruments best to park SGD with minimal risk?
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I linked CIMB Malaysia with CIMB SG. It took around 2 business days



I have the same thought as u that want to park some fund in SGD. The interest rate in SG is very low. No appetite at all. I keep the fund in SG REIT. Hopefully it is the right move. Wish to hear from experts to share too
nicemamak
post Jun 26 2021, 06:00 PM

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QUOTE(gunpla student @ Jun 24 2021, 02:45 PM)
Why Singapore REITs? I know Singaporean likes it because of tax free.
You like income stocks?  rclxm9.gif
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Some REIT in SG has assets across the region. I feel REIT is stable with relatively high dividend. I like income stock generally. Main purpose is to maintain the value of my money(MYR does not seem to have hope la) and generate income. I am looking into US and China ETF too. Waiting for the right time to enter. Now is just look see look see and learning from sifus here

 

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