QUOTE(Ramjade @ Apr 27 2021, 04:27 PM)
If you have no debts you transfer unlimited amount.
If you have debts max is RM1M/year.
As per bank negara.
Of course if you transfer more than what your salary is get ready for sg banks to questions you. And give them proof where money is coming from.
Yo bro thanks for the reply.
And if I shift money back into CIMB Malaysia, will it trigger anything?
So I just prove that I sent the money to CIMB SG in the first place, and now I am transferring it back?
Thanks.
Edit: just to be clear, with the current economic climate in Malaysia, I feel it is safer to park a part of my savings in SG for stability as well as planning for my children's education. But if I need the money due to emergency, I will need to transfer it back to Malaysia.
This post has been edited by torres09: Apr 27 2021, 04:37 PM