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 How can a malaysian open a singapore bank account?

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TOMEI-R
post Jan 3 2018, 06:37 PM

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Dont worry guys. For those who were unable to open a bank account in Singapore, no worries. You can always opt to open a Citibank SG Offshore Bank Account.

Citibank SG bank account opening for foreigners.


The only catch is

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This post has been edited by TOMEI-R: Jan 3 2018, 06:38 PM
TOMEI-R
post Jan 6 2018, 04:56 PM

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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.
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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.
TOMEI-R
post Jan 6 2018, 08:48 PM

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QUOTE(Ramjade @ Jan 6 2018, 05:10 PM)
DBS and POSB are the same bank.
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Try reading through and comprehend what I meant.
TOMEI-R
post Jan 6 2018, 09:47 PM

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QUOTE(Ramjade @ Jan 6 2018, 09:35 PM)
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

On the contrary, having a SG bank does not make it any easier to open account with other SG banks.
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CIMB Sg allows opening account if you could FAST transfer from another Sg bank account. whistling.gif
TOMEI-R
post Jan 6 2018, 10:12 PM

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QUOTE(Ramjade @ Jan 6 2018, 10:04 PM)
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?
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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.
TOMEI-R
post Jan 6 2018, 10:31 PM

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QUOTE(Ramjade @ Jan 6 2018, 10:17 PM)
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?
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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.
TOMEI-R
post Jan 30 2018, 12:45 PM

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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?
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Sorry to say but this is one of the reasons why Singapore banks are reluctant to let foreigners open a bank account with them. It serves them no purpose. laugh.gif

 

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