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 Opening a Bank Account in Singapore

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taiko ayam P
post Jan 17 2020, 05:59 PM

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Joined: Jan 2020


QUOTE(TOS @ Jan 13 2020, 01:13 PM)
Hi.

I would like to seek advice on the feasibility of opening a bank account here at Singapore as an intern who would like to leave some money here for investment in the SG stock market or unit trusts through dollardex, FSM etc.

I am currently a university student and I plan to work in Singapore in the future, upon graduation. My savings will only be around 1-2k SGD (one-off) and I won't be able to top-up regularly. I have a Maybank account in Malaysia.
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personally, i would advise you to save more $$$ first before considering to open a bank account/stock brokerage acc.

QUOTE(David_Yang @ Jan 14 2020, 06:48 PM)
Anyone recently opened account at OCBC, CIMB or Maybank in Singapore? Were you able to sign the documents at your local bank and then only go there when account already prepared and approved?
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yes. sign and submit a draft SGD500. wait for 2-4 weeks and get few letters for account activation.

QUOTE(frostfrench @ Jan 17 2020, 04:01 PM)
I going to Singapore this month, and I plan to open either CIMB SG or Maybank SG for the purpose to transfer money from Malaysia CIMB/Maybank to Singapore bank.

Any suggestion which SG banks should I open with? What's the amount limit for me to transfer from MY bank to SG bank? TQVM
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if you are going to SG to open a bank acc, do you have work/study permit? or holding a PR?

not sure about the limit can't answer you.

 

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