Submitted my application to Maybank and documents have been couriered. Fingers crossed haha.
Plan B is to find opportunity to travel down to Sg to attempt to apply for DBS account with Vickers
Opening a Bank Account in Singapore
Opening a Bank Account in Singapore
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Mar 15 2022, 11:07 AM
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#1
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Junior Member
281 posts Joined: May 2015 |
Submitted my application to Maybank and documents have been couriered. Fingers crossed haha. Plan B is to find opportunity to travel down to Sg to attempt to apply for DBS account with Vickers TOS liked this post
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Apr 21 2022, 10:13 AM
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281 posts Joined: May 2015 |
QUOTE(Ramjade @ Apr 18 2022, 06:21 PM) Here you go. After you click apply this page comes up. Nice! Great for those who haven't submitted theirs yet.https://apply.maybank.com.sg/CASA/#/welcome...2539.1650277224 QUOTE(!@#$%^ @ Apr 18 2022, 10:58 PM) good for those who doesnt have. why do we need to courier the documents to singapore when everything can be done online. i think some even had to pay rm20 for the courier fees. I think courier fee is covered by bank cause I was not told to pay any when I submitted my application last month. cklimm liked this post
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May 30 2022, 06:31 PM
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Junior Member
281 posts Joined: May 2015 |
QUOTE(sidefulnes @ Mar 15 2022, 11:07 AM) Submitted my application to Maybank and documents have been couriered. Fingers crossed haha. Just to update, I have received my letters Plan B is to find opportunity to travel down to Sg to attempt to apply for DBS account with Vickers Only pending the $500 transfer |
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May 31 2022, 11:12 AM
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281 posts Joined: May 2015 |
QUOTE(lyyera96 @ May 30 2022, 09:26 PM) More on? haha the standard submit and wait thankfully no issues besides the waitQUOTE(asakura_hao @ May 31 2022, 10:49 AM) The account opening process seem to start on early May is I received several notification and the letter was dated about that time. So I assume they will take about 1.5 months to vet the application, a week to process and 2 weeks to courier back the letters. |
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Feb 21 2023, 12:26 AM
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281 posts Joined: May 2015 |
Hi everyone! Would like to ask those that have the Maybank iSavvy account, how do you get bank statements? It seems that I am unable to get an estatment from M2U SG and I don't recall receiving any hardcopy statements. I tried searching on the FAQ but it doesn't seem to clearly state if iSavvy is eligible to get estatement. Would like to ask you guys here first before I burn money to call Maybank SG.
I wish to apply for CDP account on SGX but I need to get a bank statement that I can't seem to find it on M2U SG. Appreciate any information shared, thanks This post has been edited by sidefulnes: Feb 21 2023, 12:29 AM |
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Feb 21 2023, 10:03 AM
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281 posts Joined: May 2015 |
QUOTE(Mr Gray @ Feb 21 2023, 08:27 AM) How long have you had the bank account? If it's less than a month. Probably statement not generated yet. I have this account for a few months but no estatement is available for this account.If you had it more than a month, better call maybank SG and ask. I believe eStatement should be downloadable from the website QUOTE(TOS @ Feb 21 2023, 09:01 AM) If you plan to apply for a CDP account it's better to have an account with one of the 3 local banks (DBS, UOB, OCBC) and link your CDP account with them as you can only apply for SG T-bills, bonds and SSB with the 3 local banks. Initially I opened the iSavvy account as Maybank is listed under MAS licensed bank. But when I finally got around to starting the CDP application, I realised that there is no statement available Chances are that if you are eligible for a CDP account you should already fulfill the condition for opening bank account with DBS, UOB and OCBC. ------------------------- As to your question on Maybank SG, for iSavvy account there's no eStatement services. If you click on the view eStatements button in the home page you will eventually be redirected to the eStatements settings page of which the bottom of the screen pulls up a red banner telling you the service is not available for your account. » Click to show Spoiler - click again to hide... « iSavvy account's "statement" is not really a "statement" per se, but just a simple summary. You can access it by clicking the "download as" button at the bottom of your account summary page. You can use CIMB SG's statement to open a DBS bank account/CDP account (for the bank statement verification part). » Click to show Spoiler - click again to hide... « Yeah, I tried to download the simple summary but it doesn't show an official Maybank letterhead with account details. Its either I check with the Maybank MY banker that processed my application or contact Maybank SG directly. |
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Feb 21 2023, 10:17 AM
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281 posts Joined: May 2015 |
QUOTE(TOS @ Feb 21 2023, 10:07 AM) Contact Maybank SG directly. Maybank MY won't be able to help much. Unfortunately I don't have accounts with the DBS/UOB/OCBC in SG And do you have DBS/UOB/OCBC bank accounts? Their statements are good enough + you also have access to SG government securities primary market. I'll give Maybank SG a call soon. If can't I'll save up extra money to prepare for opening an account with DBS SG. |
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Feb 21 2023, 11:19 AM
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Junior Member
281 posts Joined: May 2015 |
QUOTE(TOS @ Feb 21 2023, 10:22 AM) If you don't have an account with DBS/UOB/OCBC chances are you can't open a CDP account. Ah I see, I thought its as long I have an account with any of the listed. Do you have work pass/student pass in SG? They are needed for opening a CDP account. https://investors.sgx.com/cdp-account-opening/#/online-form (If you proceed with the application, you need to enter the "FIN" number, of foreign identification number issued by ICA while you are in SG.) ------------------- Which is why I say if you don't have a DBS/UOB/OCBC account (i.e., not meeting the study/work pass requirement), you are unlikely able to open CDP account. Conversely, if you already have a work/study pass, you are definitely eligible for DBS/UOB/OCBC and CDP. ![]() nope, no pass This post has been edited by sidefulnes: Feb 21 2023, 11:20 AM |
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Feb 21 2023, 12:05 PM
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Junior Member
281 posts Joined: May 2015 |
QUOTE(TOS @ Feb 21 2023, 11:48 AM) Nothing wrong consider that it is impossible to open DBS account without pass. Once you have DBS/UOB/OCBC, CDP/DBS Vickers and anything else is possible. Of course in your example, DBS Vickers + bank account comes in one package. In that case, you can ask for more by asking them to open a CDP account for you. I suspect you don't have CDP account, why didn't you open one back then if this method works? QUOTE(TOS @ Feb 21 2023, 11:52 AM) lol DCS is available when you open a CDP account. But the key here is to meet the requirement to open a CDP account, which again, requires study/work pass. Called Maybank SG already, since iSavvy is an online account, the only way is to visit their branch to request for adhoc statement which I recall reading is $30. Oh wells, prolly use 3rd party trading platforms or buy thru Maybank Global Trading account for now.Unlike opening DBS account which allows those with $$$ to buy their unit trusts/bancassurance products, it's "no pass, no talk" for CDP (via ordinary route). Won't be travelling to SG anytime soon but prolly I need to gather some funds first. Thanks everyone TOS liked this post
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Feb 28 2023, 02:04 PM
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Junior Member
281 posts Joined: May 2015 |
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Mar 6 2023, 10:01 AM
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Junior Member
281 posts Joined: May 2015 |
QUOTE(lyyera96 @ Mar 6 2023, 09:58 AM) Unfortunately, iSavvy don't have online statement.QUOTE(sidefulnes @ Feb 21 2023, 12:05 PM) Called Maybank SG already, since iSavvy is an online account, the only way is to visit their branch to request for adhoc statement which I recall reading is $30. Oh wells, prolly use 3rd party trading platforms or buy thru Maybank Global Trading account for now. Won't be travelling to SG anytime soon but prolly I need to gather some funds first. Thanks everyone |
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Oct 6 2023, 12:58 PM
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281 posts Joined: May 2015 |
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Jan 5 2024, 09:01 AM
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281 posts Joined: May 2015 |
QUOTE(moonsatelite @ Jan 4 2024, 04:33 PM) i wonder why don't people notice the Ar-Rihla Savings account instead which only needs SGD $200 minimum balance, the lowest requirement from Maybank SG Thanks for sharing this info.i noticed that most people sign up with iSavvy (minimum SGD $500) iSavvy cause do not require valid pass to register and don't have to travel down to SG to open the account. for Ar-Rihla, requires a valid pass. TOS liked this post
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