QUOTE(Yggdrasil @ Aug 19 2020, 10:27 PM)
Hmm. But I still think Sunway is currently cheaper. You get more foreign currency for every RM you put in.
If don't bother about the rates because a company can give good rates but charge higher fee. Another can lie to you by charging low fee but give unfavourable rates.
So the best way to measure is how much input (RM) you put in gives you how much output (foreign currency).
Need to go Sunway to open account right or can be done online?
Yup that's what I use too. I don't care what rates or fees you are charging me. I only bother about final amount of foreign currency I am getting.
QUOTE(Yggdrasil @ Aug 19 2020, 10:32 PM)
Assets should be divided as dictated in your will (after settling relevant taxes if applicable).
Make sure your executor knows about it.
Alternatively, you can opt for a joint account instead. So if you KO, the other can takeover
Just like a fixed deposit in a joint account i.e. 'either one can sign'
For US a bit hard not sure if need to have US will. Best way is still use joint account. Give username and password to family.