QUOTE(whatislyfe @ Aug 16 2022, 01:23 PM)
Hi sifus,
I will be moving to Singapore in a week time. Thinking to open a DBS account once I have landed. May I know what is the minimum deposit to open an account there?
FYI, I have already opened a CIMB SG there, but CIMB SG is not accepted for my company to pay for my salary.

No minimum if apply DBS online. But it will take a bit of time to complete because they post one by one. First the card. then the pin. then the activation for online banking. (In total expect 4 snail mail IIRC).
Most important is settle the EP thumbprint at EPSC (if you're here on EP).
Coz the card also take time to process.
After EP card in your hands life is good.
QUOTE(Eve_1989 @ Aug 18 2022, 12:22 AM)
Opened DBS account, as they will most likely advise you to submit the application for account opening online, indeed as per sharing above , there is no deposit required for dsb as well - posb is like their related subsidiary or group entity as well.
As for proof of residential address, if you do not have a proper utility bill or lease agreement, for my personal experience they do not accept my IPA/notification letter with residential add mentioned on it, they advised me to get and submit a simple employer letter confirming my residential address and it worked eventually (weird point : apparently this is acceptable and employment contract or offer letter is not ππ
).
If walk in and open maybe need deposit, submit online noneed ya !
If walk in to get on the spot prepare for 1-2 hrs waiting time but thatβs ok if you can spare time and do not want to wait few days for online delivery of your cars.
Yeah if walk in the account will have min deposit and fall below fee.
First DBS acc open online will not have said issues.
Later on can consider UOB also

QUOTE(gome @ Aug 18 2022, 06:58 PM)
Regarding DBS account opening, I had my proof of residential address rejected twice by the online application. I was using my Malaysian address as per my IC, but got rejected. First tried with my monthly phone bill, then with an insurance statement (which unfortunately was not as recent as 3 months prior to my application time).
I eventually went down to SG DBS service branch once I got my SG residential address settled.
My company also issued a letter stating my residential address in SG. Once at the branch, I still had to do my application online. But the customer service lady walked me through the entire process, where the application was done over the Web browser instead of the digibank app. Eventually my application got approved, but
need to wait for them to post the card.For those who quickly want to get a sim card once you land, I'd recommend to get the singtel $15 prepaid hicard. You can order online and collect it at the airport. I made the mistake of ordering the $8 hicard, and had to waste time at the singtel shopping mall collection point, which only opens at 11am.
Yes DBS will post one by one one.
Actually since you have a residential address, don't waste time with a Singtel prepaid..not cheap to call. For short term data RM10/day hotlink prepaid is not bad one.. only $3 then u can throw it after a few days
Get a giga line $10-18 a month lots n lots of data. Fast delivery (next day)
Don't forget singpass application after getting EP card.
Rmb to change the ADDRESS first to your home address otherwise it will send to company one by default
This post has been edited by ceo684: Aug 25 2022, 12:54 AM