Can open USD account through online as well or just SGD?

Anyone success to open USD account with Maybank SG or CIMB SG after having the saving accounts?

what do you plan to do with the usd account? maybank sg usd account kinda useless because can't transact online.

Of course cannot. DBS, OCBC and UOB have their own multucurrency account which support USD. Again not recommended as it's hard to transect online. You are better off with transferwise multi currency account.

This post has been edited by Ramjade: Dec 28 2017, 05:29 AM

Need to transact online. Malaysia punya USD account (Maybank, UOB) can't perform remittance using online and need to go over counter. I am looking for this feature.

That's why ask you to go open transferwise online account. Siap with swift code some more. Then use moneymatch to fund it.

I have UOB MY with USD account. Can I transer my USD to there?

*It seems can't work as if using transfwise, it is not under my name"

This post has been edited by jack2: Dec 28 2017, 07:56 AM

That you need to explore and research yourself as I can't help you.

One question to all you guys with bank accounts an trading accounts in Singapore. If you die, and it is not joint account, how will your relatives in Malaysia get your money back from there? Have you guys written a Will? I heard Malaysian Will is not valid in Singapore. So a Singapore Will may be required, or problem later as no Singapore Executor.

Just wondering if any of you have found a solution......

It's valid. You can ask the brokers on how to get the money out as a foreigner. They will tell you the steps. Worse come to worse, just do a Singapore will la. It's cheap. Only about SGD100+ (NTUC)

This post has been edited by Ramjade: Dec 28 2017, 08:42 AM

Oic. Sound interesting. I will do one soon.

Ask elea. She expert at it.

i went to UOB bank to remit my USD fund into crypto exchange and they refused to remit for me with the reason that the company/exchange is related to bitcoin which is prohibited.

Damn...

Just use moneymatch la. don't know why you are using banks when moneymatch give better rate.

How to use moneymatch? The exchange must get the money from bank account which is under the same name.

Moneymatch - how to do so?

You ask moneymatch and see if they can solve your problem. Or ask your exchange. I don't believe they are so rigid. As long as you input all the details + give softcopy of transaction to your exchange, should be no problem. Otherwise, your best bet is go SG and try open one of their multucurrency account. Use moneymatch to convert RM > USD straight into the multucurrency account. Then from there do a online TT as shown in this 2 people screenshot.
http://thesleepydevil.blogspot.com/2017/11...rt-4-guide.html
http://gotmoneygothoney.blogspot.com/2017/...nge-part-1.html

The downside, SGD3k is stuck inside there. If you have less than that, you will be charged SGD2-7.5/month (depending on which bank and which account you have)

open with POSB?

Yes. To be precise DBS multucurrency/multiplier. But this one you really have to travel down to HQ. No shortcut of using relationship manager from Malaysia/filling up form from Malaysia. Unless you want to have priority banking with DBS then should be easy.

There might be a shortcut. Priority banking with OCBC MY, then ask them to open a priority banking with OCBC SG (global savings account) you are not required to maintain a min amount inside unlike DBS. But don't know if OCBC SG let you do online TT using USD.

I confirmed with CIMB SG. Even you have USD account, you cant do remittance over net. Only SGD.

Another way is, use money match to fund CIMB SGD, use SGD to remit USD (convert it) and remit USD... This is possible,

DBS multicurrency can remit USD out from USD FCA?

Cimb memang. It's one of the useless bank over in SG. The 3 locals ought to to be able. Fom GMGH blogpost, memang confirm DBS can. Cause GMGH wanted to buy crypto also.