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 coinbase account in malaysia, using singapore bank account

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TSRC1234
post Dec 30 2017, 06:45 PM, updated 8y ago

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Greetings all , since luno is down currently ,
I want to know whether anyone here has experience using Coinbase with singaporean bank for trading ?
Without residing/working in singapore or having singapore telephone.

We have plenty of relatives and friends in singapore but it would be a hassle to bug them for multiple transactions.

Thanks

Edit : Any advise on opening singapore bank account if I am not working in sg or have anything to do there . iSavvy Maybank looks viable.
http://www.maybank2u.com.my/WebBank/iSAVvy...pForm010714.pdf

This post has been edited by RC1234: Dec 30 2017, 06:51 PM
koopa
post Dec 30 2017, 10:33 PM

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Luno is not down right?
FatalExe
post Dec 30 2017, 10:46 PM

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QUOTE(koopa @ Dec 30 2017, 10:33 PM)
Luno is not down right?
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Luno's bank account was frozen by Maybank/Bank Negara. You can't deposit or do withdrawals on Luno with MYR.
koopa
post Dec 31 2017, 12:01 AM

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QUOTE(FatalExe @ Dec 30 2017, 10:46 PM)
Luno's bank account was frozen by Maybank/Bank Negara. You can't deposit or do withdrawals on Luno with MYR.
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It was opened back a few days ago.

brianw87
post Dec 31 2017, 12:05 AM

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QUOTE(koopa @ Dec 31 2017, 12:01 AM)
It was opened back a few days ago.
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source?
FatalExe
post Dec 31 2017, 12:07 AM

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QUOTE(koopa @ Dec 31 2017, 12:01 AM)
It was opened back a few days ago.
*
https://luno.statuspage.io/incidents/lzzrvb1mq51y
heart strings
post Dec 31 2017, 10:58 AM

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QUOTE(koopa @ Dec 31 2017, 12:01 AM)
It was opened back a few days ago.
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No it's not.
QUOTE(FatalExe @ Dec 31 2017, 12:07 AM)
Nope.
tuberian2000
post Dec 31 2017, 03:34 PM

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Anyone try to deposit MYR to coinhako? Is it working?
TT22
post Dec 31 2017, 05:07 PM

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QUOTE(tuberian2000 @ Dec 31 2017, 03:34 PM)
Anyone try to deposit MYR to coinhako? Is it working?
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No, i think they are not operating on weekend and also public holiday.

koopa
post Jan 1 2018, 01:40 AM

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QUOTE(FatalExe @ Dec 31 2017, 12:07 AM)
It says maybank. You can still withdraw from CIMB or other banks..
FatalExe
post Jan 1 2018, 01:50 AM

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QUOTE(koopa @ Jan 1 2018, 01:40 AM)
It says maybank. You can still withdraw from CIMB or other banks..
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No, you can't. Stop spreading misinformation
Mikeyz
post Jan 1 2018, 07:59 AM

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From my knowledge, we can open up an account with Maybank Singapore if you're an existing Maybank Malaysia holder.
Then from Maybank SG should be able to link up with coinbase.
Downside...all is in SGD 🙄
nepomz
post Jan 1 2018, 08:02 AM

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LUNO acc in Malaysia is Maybank. this acc frozen. i have pending withdrawal with them. will update once it clear.
TSRC1234
post Jan 1 2018, 12:07 PM

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QUOTE(Mikeyz @ Jan 1 2018, 07:59 AM)
From my knowledge, we can open up an account with Maybank Singapore if  you're an existing Maybank Malaysia holder.
Then from Maybank SG should be able to link up with coinbase.
Downside...all is in SGD 🙄
*
SGD not really a downside if it works, money is still money biggrin.gif

i am concerned regarding coinbase side also , as in a singapore bank account may not be sufficient , later they want signapore driving licence/ IC bla bla
Anyways , my friend would be trying soon as he is going singapore, shall update you guys.
elementum
post Jan 1 2018, 03:25 PM

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Go check their app. That payment problem page still up...

stevenskh
post Jan 1 2018, 05:19 PM

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Yes the withdrawal and deposit issue still persist. I found 2 other alternatives, Xbit and Localbitcoins.

Not sure about the quality though. So far Luno is working wonder for me.
tuberian2000
post Jan 1 2018, 05:39 PM

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QUOTE(RC1234 @ Jan 1 2018, 12:07 PM)
SGD not really a downside if it works, money is still money  biggrin.gif

i am concerned regarding coinbase side also , as in a singapore bank account may not be sufficient , later they want signapore driving licence/ IC bla bla
Anyways , my friend would be trying soon as he is going singapore, shall update you guys.
*
Keep us posted. smile.gif
alpinev18
post Jan 15 2018, 02:02 PM

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Any update ?
joeylny
post Jan 17 2018, 04:10 PM

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QUOTE(RC1234 @ Dec 30 2017, 06:45 PM)
Greetings all , since  luno is  down currently ,
I want to know  whether  anyone here has experience using Coinbase with singaporean bank for trading ?
Without residing/working in singapore or having singapore telephone.

We have plenty of relatives and friends in singapore but it  would  be a hassle to bug  them for  multiple transactions.

Thanks

Edit : Any advise on opening singapore bank account if  I am not working in sg or have anything to do there . iSavvy Maybank looks viable.
http://www.maybank2u.com.my/WebBank/iSAVvy...pForm010714.pdf
*
Dont know a solution to your query but coinbase limit very low only.. can buy 200 usd weekly only .. or maybe i dont know how to increase the limit ..


Plus opening a bank acct in singapore requires a lot of KYC and not as easy as before.. for non residents

This post has been edited by joeylny: Jan 17 2018, 04:36 PM
dudester
post Jan 17 2018, 04:17 PM

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I suggest you check the 'open Singapore account' procedure properly. Not so easy I think.

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