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 Working in Singapore V20, All About Living in The Little Red Dot

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Megatronika
post Mar 8 2017, 10:12 PM

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Joined: Aug 2016
Hi guys,
I want to ask something. My father recently just renounced singapore citizenship and already get malaysian IC. Now in the process to transfer his CPF monies.

He already open 1 MY bank account, and at the same time still holding SG maybank atm card which is still active. My questions,

1. Cpf stated that my father need to bear bank charges if sent to overseas bank since it via tele. transfer. Anyone know how much is the bank charges? Will bank charge by exact amount per transaction or based on percentage?

2. How can I know the exchange rate that will be used?

3. What is the best method, transfer to MY account or SG account?

4. Until when is the Sg maybank account active, since he is no longer holding sg ic.

Thanks very much for responses.



 

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