Outline ·
[ Standard ] ·
Linear+
How can a malaysian open a singapore bank account?
|
Ramjade
|
Jan 3 2018, 05:57 PM
|
|
QUOTE(gark @ Jan 3 2018, 05:55 PM) Maybe the place I go, got no customers .. somehow. No tellers too.. dunno where I went hahaha DBS and POSB although is the same owners, is not the same management/company.. the debit card, account name, SWIFT all different.. Really? I have no idea. Mana ada? https://www.posb.com.sg/personal/support/ba...de-details.htmlThis post has been edited by Ramjade: Jan 3 2018, 06:00 PM
|
|
|
|
|
|
Ramjade
|
Jan 3 2018, 06:02 PM
|
|
QUOTE(gark @ Jan 3 2018, 06:01 PM) Dunno.. maybe you are right. Last time was not integrated.  Both also sama sahaja. https://www.posb.com.sg/personal/support/ba...de-details.htmlhttps://www.dbs.com.sg/personal/support/ban...de-details.htmlThis post has been edited by Ramjade: Jan 3 2018, 06:02 PM
|
|
|
|
|
|
Ramjade
|
Jan 3 2018, 06:13 PM
|
|
QUOTE(jack2 @ Jan 3 2018, 06:05 PM) So did they allow you to open account? About the share trading account, can we trade oversea market like Facebook, McDonald's Intel? During his time (2008 in depth of crisis), he just walk into the branch with his Malaysian IC and they welcome him with open arms Now different story. DBS vickers is not one of the best platform to trade overseas stocks. Dividend fees + maintenance fee + expensive commission. https://www.dbs.com.sg/vickers/en/resources...rges-commissionhttps://www.dbs.com.sg/vickers/en/pricing/f...gapore-accounts
|
|
|
|
|
|
Ramjade
|
Jan 3 2018, 07:14 PM
|
|
QUOTE(jack2 @ Jan 3 2018, 07:07 PM) After I opened, then I didn't trade. What are the consequences? Hehe Nothing. Just open. It's free what  Besides, if you tell them you want to open an account without a stock broker account, guaranteed they won't let you open. Btw, choose the DBS debit card. Don't take the POSB debit card. DBS card is free while POSB is SGD12/year (free for first 5 years)
|
|
|
|
|
|
Ramjade
|
Jan 3 2018, 07:43 PM
|
|
QUOTE(jack2 @ Jan 3 2018, 07:32 PM) Thanks for highlight. So DBS Vickers and DBS Multiple account with DBS debit card ? Can all be done within half day?? I can be there in the Friday morning and my flight to go home is Sunday. No need to request for card. Auto will give you. It's either POSB Passion card or DBS Visa debit card. If they give you POSB passion card, settle everything then approach front desk customer service tell them you want to change card to DBS Visa Debit card Lots of paperwork to do (DBS vickers). During my time, waiting time is almost on par with BSN
|
|
|
|
|
|
Ramjade
|
Jan 5 2018, 11:51 AM
|
|
QUOTE(jack2 @ Jan 5 2018, 09:53 AM) Thanks. I am here now. Got Multiplier account first with DBS visa. Can I skip to open Vickers ah since I got the bank account liao. Can. If you don't want. Entirely up to you.
|
|
|
|
|
|
Ramjade
|
Jan 5 2018, 05:06 PM
|
|
QUOTE(jack2 @ Jan 5 2018, 04:41 PM) Went to two UOB branches. One disallowed me to open ANY accounts. Another one is the UOB Plaza one. I tried to use some ways to talk about investment, FD, short term deposit. They allow to open savings account in SGD. But USD would be very difficult. Just stick with DBS
|
|
|
|
|
|
Ramjade
|
Jan 6 2018, 12:08 PM
|
|
QUOTE(prince_mk @ Jan 6 2018, 12:02 PM) thanks Ramjade. I just open the POSB eEveryday savings acc via the dbs online. next step is to close the dbs multi currency acc. the rest of the money will be invested in shares. earn some dividend better. That's if you feel like not using the multiplier account then close it. If you are like jack2 who needs the multiplier to buy crypto, then maintain it. Second step, open POEMS, transfer your FSM SG and FSM MY holdings over into POEMS. No point paying FSM MY 1.75% and FSM SG 0.1% per quarter when POEMS is free right? Unless of course you don't mind giving people free money  I know I am not generous to corporations This post has been edited by Ramjade: Jan 6 2018, 12:11 PM
|
|
|
|
|
|
Ramjade
|
Jan 6 2018, 05:10 PM
|
|
QUOTE(TOMEI-R @ Jan 6 2018, 04:56 PM) Meaning that you already have a DBS account. If you have an existing account with a SG bank, it would not be that hard opening another one with a different bank. DBS and POSB are the same bank.
|
|
|
|
|
|
Ramjade
|
Jan 6 2018, 09:35 PM
|
|
QUOTE(TOMEI-R @ Jan 6 2018, 08:48 PM) Try reading through and comprehend what I meant. Actually it's not true. Even though you have DBS bank account, if you walk into a POSB bank account, they won't let you open account. Personal experience Not to mention UOB and OCBC also won't entertain you. Based on what you said QUOTE it would not be that hard opening another one with a different bank. On the contrary, having a SG bank does not make it any easier to open account with other SG banks. This post has been edited by Ramjade: Jan 6 2018, 09:37 PM
|
|
|
|
|
|
Ramjade
|
Jan 6 2018, 10:04 PM
|
|
QUOTE(TOMEI-R @ Jan 6 2018, 09:47 PM) CIMB Sg allows opening account if you could FAST transfer from another Sg bank account.  True but cimb SG is pretty useless in SG when it comes to stuff that needs EPS payment due ti the act only few banks support EPS payment. Let's not forget, you cannot open a Cimb account without first opening a SG bank account. So you still need a bank account The question is how far are you willing to go to get a SG bank account? This post has been edited by Ramjade: Jan 6 2018, 10:08 PM
|
|
|
|
|
|
Ramjade
|
Jan 6 2018, 10:17 PM
|
|
QUOTE(TOMEI-R @ Jan 6 2018, 10:12 PM) It doesnt matter. Refer to the title of the thread and my reply to a post by a bro earlier. The point is 1) open a Sg bank account 2) he could open another Sg account if he already has one with another Sg bank. The rest are irrelevant as of now as per discussion. The rest is relevant. Jack2 wants to buy crypto using USD. His SG cimb/maybank does not come with USD account. Even if he were to open a FCY with those 2 mentioned banks in SG (which he have), those 2 banks does not let you do transaction in USD via online. The best bank for the job is DBS as they let you transact online for USD. If back to original TS question about opening SG bank account, your post about opening a cimb is not helpful as one needs a SG bank account first. No SG bank account, how to open Cimb SG bank account? This post has been edited by Ramjade: Jan 6 2018, 10:18 PM
|
|
|
|
|
|
Ramjade
|
Jan 6 2018, 10:24 PM
|
|
QUOTE(eugene88 @ Dec 29 2017, 01:19 PM) Just need student ID, IC, and proof of address? If they asked me why have to open brokerage account in SG? Jack2 have manage to open a DBS account. QUOTE(jack2 @ Jan 5 2018, 09:53 AM) Thanks. I am here now. Got Multiplier account first with DBS visa. Can I skip to open Vickers ah since I got the bank account liao.
|
|
|
|
|
|
Ramjade
|
Jan 6 2018, 10:48 PM
|
|
QUOTE(TOMEI-R @ Jan 6 2018, 10:31 PM) I was referring to Prince_mk' before you suddenly barged in replying to something not relevant to what I was saying. I seriously think you have a serious disability to comprehend what others are trying to say. I think you need to know the history of the chats. Both me and Prince have DBS multiplier which have SGD3k sitting there not working. I found a way to close that account while retaining usage of DBS bank. Which means I can put the SGD3k to work. I am sharing with prince on the steps involve in closing that account while retaining full control of a using a DBS bank account Prince doesn't wants to know how to open another bank account. He wants to know how to close his DBS Multiplier account and transfer his holdings (SGD500) into Posb account.
|
|
|
|
|
|
Ramjade
|
Jan 17 2018, 09:17 PM
|
|
QUOTE(coolguy99 @ Jan 17 2018, 08:49 PM) guys i just opened an account with maybank kim eng. may I know how can i access their online portal? do i have to wait for another pin mailer for my user id and temporary password? Yes. Wait.
|
|
|
|
|
|
Ramjade
|
Jan 18 2018, 04:28 PM
|
|
QUOTE(Mattrock @ Jan 18 2018, 01:50 PM) Anyone with a Maybank SG account? What is best way to transfer money from Maybank Malaysia to this account? Foreign TT option? Has anyone used FAST? Do you need to apply for this facility? Thanks. Moneymatch or instarem. Yes. FAST is basically their verison of IBFT except that it's free. No need to apply. It comes with the bank service.
|
|
|
|
|
|
Ramjade
|
Jan 30 2018, 12:42 PM
|
|
QUOTE(eugene88 @ Jan 30 2018, 11:56 AM) For Malaysians the minimum deposit for DBS is SGD3k? And according to the fees page, it says there is no fall-below fee if the average daily balance falls below S$3,000*, waived up till 29 years old. So can I deposit SGD3k and then transfer back some? Depending in whether DBS want to open for you or not. You transfer back, and the amount fall below SGD3000, you kena charge. Simple as that.
|
|
|
|
|