No need so susah. Just open Transferwise borderless account. Much more sophisticated than DBS. So much for being a digital bank. Can't even beat a UK fintech.

Cheaper,  easier to open account,  no fees or minimum amount to maintain

Banks are things of the past. If banks can't evolve,  they will be obsolete

I am very happy to have DBS

Do you own UOB?

Too bad that DBS can't to have IDR currency...

Never realise TT SGD back to Malaysia is zero fee. I thought to FAST to CIMB and use CIMB SG to TT back to CIMB MYR

If you tell me to hold multucurrency, Transferwise can do that for free. So tell me why should I pay or give DBS free money? Multicurrency card? Many card offer better deal than DBS multicurrency card.  Even created by our very own Malaysian company.

I don't like giving banks free money. Hence I will find ways to get things for as cheap as possible from the bank. Transferwise is offering masses a cheap option to hold multicurrency with ease. No need to go begging people.

Read the PDF. Incoming TT is charged. You may not be charged TT fees but you are charged marked up exchange rate.  Don't believe me?  Check out exchange rate offer by fintech vs DBS. I did and noticed the difference. Again why bother giving banks free and good money?  Are they your relatives that you must help them? No. They are just glamorous money lenders.

Try moving USD to other bank in SG. If within DBS bank I am sure no problem. Try moving it to say UOB and OCBC via online. Not by RM or cheque. See if it can be done.
I would use their account more often if they are more generous. Since they are so stingy, I am also stingy with them. If they are generous,  I will be more generous with them.

Good example was Maybank MY.  Back when they have eGIA which give 4.5%p.a with no lock in penalty,  I parked my cash with them.
Agreed free but never let free fool you. Free is good but keep your eyes open on the exchange rate. I have surveyed their rates (other currencies). Definitely better than what Malaysian banks offer but not the best vs fintech. Now free transfer vs cheaper than free transfer,  which would be a better pick? 

PS I never laugh at you.  But I am trying to open your eyes that better options exist.

I appreciated yr comments. I am open to suggestions,...

To simplify things,... I will look at DBS' function on TT'ing money only... I have not used TransferWise,... using TransferWise, pls tell me :-

1) How much cost, overall, to TT, say SGD1000 into a Malaysian Maybank Account ?

2) What would be the Exchange Rate used, for SGD to MYR for today ?

By the way,.. I'm aware of the exchange rate matter,... I have mentioned it in my posts earlier,... still, I have compared the exchange rate used in DBS Remit against other banks' inside SG. I find DBS' exchange rate is still good enough, after taking-in the overall cost of doing the DBS Remit TT.

Incoming TT AT THE RECEIVING BANK is NOT charged when using DBS Remit,....................except for TT's to a Japanese bank, to be more specific...

We can move USDs from one bank to another bank online in SG. USD clearing is done inside SG. I will leave it at that.

Sure. No problem. These are rates offered by the bank and Transferwise as of 7.14pm
Cimb SG (Transfer to My CIMB Malaysia Account )
SGD1000 = RM2925.90

DBS Remit
SGD1000 = RM2916.30
- Of course I don't know whether beng priority customer can get you better discount or not.

Transferwise
SGD1000 = RM2936.86

And this is just the tip of the iceberg. Many other remittance company from SG can offer cheaper rates than Transferwise. Seen it before. But we cannot apply as  either
1) open to SGrean only
2) must have address and SG phone no.

Sure. No problem. These are rates offered by the bank and Transferwise as of 7.14pm
Cimb SG (Transfer to My CIMB Malaysia Account )
SGD1000 = RM2925.90

DBS Remit
SGD1000 = RM2916.30
- Of course I don't know whether beng priority customer can get you better discount or not.

Transferwise
SGD1000 = RM2936.86

And this is just the tip of the iceberg. Many other remittance company from SG can offer cheaper rates than Transferwise. Seen it before. But we cannot apply as  either
1) open to SGrean only
2) must have address and SG phone no.

OKay, bro,... thank you.

I appreciated your effort here,...

Can you please include the charges for each of the three entities in the above ?

Let's compare in an absolute sense,...

I assume it's already nett charges because both Cimb and dbs are not charging fees. Keep in mind that. Transferwise is already nett fees.

Of course I assume that's no charges on our side. That I can't confirm unless I do a real transfer which I am not going to.

Actually from my experience of using fintech (moneymatch to send money to SG), what you see is what you get. For eg if you are sending SGD3000 to SG, you will get excatly SGD3k in your bank account. Not a cent less. Keep in mind that Transferwise transfer the money to you from their local malaysian bank. So the SGD you send them never actually leave SG. It will go into their SG bank account while they will pay you from their MY account (kind of like IBG/IBFT you the money)

I have heard of such operations.

You don't sound confident, but if you are right abt their operations, then either BNM has relaxed their rules,... or this TransferWise will not last long. There will come a time when they will suddenly stop operation after you banked-in the money to them. I know of these operations. I used to use them too,... until they were warned by BNM. And they stopped operations. A popular moneychanger (BR) used to do this until they stopped.

But I'm keeping an open mind here. So,... they just do money-matching only and no actual transmittals take place ?

Cimb promises no fees if you transfer to your own Cimb bank account but not sure about fees to other bank in Malaysia.

No need to repeat what I have already said earlier. Like I said earlier : No point if transferring only to own bank is free.

Actually I asked them already. As long as can proof source of money,  amount can be unlimited. Unlimited amount is available for AUD , GBP,  EUR. Only USD got limit of USD 10k. If have more than that need proof.

Simple. I need a SG base account for storage purpose in future.
All money put in SG banks are considered free money to the banks. You choose to give more,  I choose less. Both ways banks earning but they earning less from me.

Look at me. I don't like the service, I don't use the service. I find alternatives and support the alternatives. If I like I will continue to use them.  (these applies to non financial stuff as well)

Well should a pure SG bank offer zero amount account or say SGD20 and are open to Malaysian,  I will close my DBS account and open that instead. My amount with DBS is already the min at SGD500.

Tell me for what I want to keep so much with them when
1) I can't participate in rights/preference offering via DBS V?
2) their broker is super pricey for international stocks?
3) they don't have good exchange rate?

End of the day they are still a bank bend on sucking/extracting out as much money as possible from you.

Never know bro. Fintech is eating into bank's profit.  Banks have to bring themselves down to fintech standard or else they risk losing customers. 
Funding societies, Transferwise, you name it.

No one uses TW for transferring money to Indon. Use TW to send to Western country where you have no access unless you fly there and open account
Reason is TW is based in UK and they see Indon as a dirty country.  So the need to check the money. They already mentioned in their FAQ indons are some country where it will take longer time.

If you want fast send to Indon, use what the illegal/legal indons here are using. Same day will reach and is super cheap. Service is available at most money changers and special shops in KV. Don't waste money on those fintech to send money to send Indon not worth your money.

Reason those remittance service and money changer can offer cheaper rates than what TW or other fintech can provide is because of the bulk of businesses they are getting.

Bro I am talking about those illegal indons la in Malaysia. Learn a thing or 2 from them. Why do they go those special shops/money changers? Cause the rate is cheaper than banks. They need to get as much Rp as possible per ringgit. By going to banks, the amount of Rp received is significantly a lot vs going to those shops. And being poor, getting as much Rp per ringgit is your their main concern in providing for their family back in Indon. Lots of illegal indons have Maybank and Cimb account. So they can use Malaysian banks to send money back, but why bother with special shops and money changers? 

If indons want comfort job, they won't want take on jobs like construction worker.

Same concept in SG. Why do you see so many foreigners going to special shop in SG/money changer in SG? Because it's cheaper to send money via those channels than via banks. Again, we must learn a thing or 2 from those people.

He as a malaysian have access to those special shops which SGreans lack. So you have access why not use it? Only if you don't have access, you need to think up of ways to gain access.

Er actually I will go with depends on where he want to TT. Every tool have it's own pros and cons. Just the right tool for the right job!