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

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WoShiAiZai
post Mar 16 2017, 08:09 PM

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213 posts

Joined: May 2013
QUOTE(fcuk90 @ Mar 16 2017, 07:49 PM)
IINM , you need to maintain S$3,000 minimum balance every month
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came to SG to work in July 16, applied DBS eMulti-Currency Autosave Account using tenancy agreement (SG address) & IPA
being told no need min. saving for this type of account, but for multiplier account yes.. after that receive a call (about 1 month later) to ask me go back to the bank to change SG address to the address in my Malaysia IC.

tl;dr
1. No min. balance 3k requirement for DBS MULTI-CURRENCY account
2. MULTIPLIER account requires min. balance every month
3. No SG address (otherwise why ask bother to ask me to change address)

above was the situation when I first came to SG, anyone with latest info do update me icon_rolleyes.gif
WoShiAiZai
post Mar 17 2017, 08:04 AM

Getting Started
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Junior Member
213 posts

Joined: May 2013
QUOTE(ldhong @ Mar 16 2017, 08:34 PM)
Noted. I will make appointment soon. If reject every year try again. LOL biggrin.gif

Btw, my colleague's application just got rejected for second time.
Both husband and wife Master degree holder and have been working in SG for 4 years.
P/s: They are India nationals.


For Multiplier Acc need min balance of 3K per month and if not mistaken EP holders were to open with DBS can only opt for Multiplier Account.
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I was given the options tho.. At least I did ask about it.. I guess they might have changed the policy.. EP holder here BTW
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