QUOTE(coolguy99 @ Jun 21 2019, 10:36 AM)
Living in Sg? Or just to transfer from MY to SG.What if working there? Which will be good?
Opening a Bank Account in Singapore
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Jun 21 2019, 12:24 PM
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#1
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2,032 posts Joined: Jan 2014 From: Sabah, Malaysia |
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Jun 21 2019, 04:45 PM
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#2
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2,032 posts Joined: Jan 2014 From: Sabah, Malaysia |
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Aug 6 2019, 04:03 PM
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2,032 posts Joined: Jan 2014 From: Sabah, Malaysia |
Btw, I am working in SG.
Malaysians can open a DBS multiplier account, mo deposit and can mail to Malaysia. You guys should try. |
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Aug 10 2019, 01:21 PM
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2,032 posts Joined: Jan 2014 From: Sabah, Malaysia |
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Aug 10 2019, 01:35 PM
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2,032 posts Joined: Jan 2014 From: Sabah, Malaysia |
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Sep 15 2019, 04:49 PM
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2,032 posts Joined: Jan 2014 From: Sabah, Malaysia |
QUOTE(Ramjade @ Sep 15 2019, 12:31 PM) Is my choice to transfer money. I never rushed any other service than instarem. Used to use moneymatch until realised moneymatch more expensive. I am signing up for CIMB MY link with CIMB SG.Way cheaper than banks, fast (same day if you transfer in the am), reliable. Amount displayed = amount received. Won't be single sen less. Highly recommend. Dunno if rates will be better. SG to MY linked, best rates. |
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Sep 15 2019, 07:57 PM
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#7
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2,032 posts Joined: Jan 2014 From: Sabah, Malaysia |
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Oct 21 2019, 09:40 PM
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2,032 posts Joined: Jan 2014 From: Sabah, Malaysia |
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Oct 24 2019, 07:09 AM
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#9
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2,032 posts Joined: Jan 2014 From: Sabah, Malaysia |
I wanna ask, is Standard Chartered Trading Account good?
I just opened, and compared to dbs. 10.70 SGD per trade. This post has been edited by woonsc: Oct 24 2019, 07:10 AM |
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Nov 5 2019, 08:01 AM
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2,032 posts Joined: Jan 2014 From: Sabah, Malaysia |
QUOTE(kart @ Nov 5 2019, 04:48 AM) I think that Hansel and Ramjade posted several ways to park idle SGD money, in previous posts. If you're young, open a SC Jumpstart account for easy 2%I am not sure whether it is still applicable as of now. So, please perform due diligence, before parking your idle SGD money. Hansel's suggestion: - Astrea IV4.35%B280614# Bond (SGX Stock Code: RMRB) - Astrea V Retail PE Bond Ramjade's suggestion: - CIMB Fastsaver Savings Account, 1% for balance above SGD 1000. There's no penalty if money dips below SGD1000. No monthly service charge. - Citibank maxigain (if you got the moo and able to open account) 2%+ - United Class A bond fund 2-3% - Parkway 4% - PIMCO GIS Income Fund Class E SGD Hedged Bond Fund, ISIN: IE00B9HH6X13, 5-7% Many of us here are using CIMB Fastsaver Savings Account, due to the ease of getting 1% annual interest. It is definitely much better than 0.05 % of annual interest given by DBS, OCBC and other banks in Singapore. Other method is to park in Singapore Savings Bonds, which is fully backed by the Singapore Government. - The annual interest is slightly less than 2%. - You could say that it behaves somewhat similar to the promotional Fixed Deposit offered by Singapore banks, but it only requires minimum investment amount of SGD 500, instead of SGD 10000 required for promotional Fixed Deposit. - There is SGD 2 non-refundable transaction fee for each application. - There is a redemption penalty of SGD 2, if you choose to redeem before its 10-year maturity. Correct me, if I say anything incorrect. |
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Jan 11 2020, 07:13 AM
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2,032 posts Joined: Jan 2014 From: Sabah, Malaysia |
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Jan 11 2020, 04:25 PM
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2,032 posts Joined: Jan 2014 From: Sabah, Malaysia |
QUOTE(aspartame @ Jan 11 2020, 02:15 PM) For CIMB , changing from RM to SGD, they give better rates than money changer? Even at money changer rates very good already..... most Malaysian banks charge 1% to 2% higher thN money changer ... can you confirm? I changed yesterday at 3.020 I went to JB see changer giving out 3.012 PM if want change |
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