Anyone know about foreign FD?
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 Feb 29 2024, 08:40 AM
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#21
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All Stars
24,346 posts Joined: Feb 2011  
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QUOTE(Medufsaid @ Feb 27 2024, 11:01 AM) Afterburner1.0 open CIMB sg account. link to your CIMB MY, send S$1 from CIMB my to CIMB sg, send S$1k via Wise Please don't link that thief link here. He takes info from here and didn't give credit and make it like his own research.then wait for CIMB sg to approve can refer to ziet's video as guide https://youtu.be/mXjaob63K2w  |
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Feb 29 2024, 02:04 PM
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#22
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All Stars
24,346 posts Joined: Feb 2011
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QUOTE(CommodoreAmiga @ Feb 29 2024, 09:27 AM) What? Who the hell is this? I didn't click, scare virus. Ziet. The Malaysian youtuber.This post has been edited by Ramjade: Feb 29 2024, 02:04 PM |
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Mar 15 2024, 06:48 PM
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#23
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All Stars
24,346 posts Joined: Feb 2011
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QUOTE(gandalfaaron @ Mar 15 2024, 03:55 PM) Hi Singapore accept GBP cash deposit. But not sure if they can open GBP FD. Also if you deposit GBP cash in Singapore I think they take 1-2%cut?Does any one know if there is any bank in Malaysia or Singapore that allows the opening of foreign currency fixed deposit by putting in the foreign currency via cash? I have some GBP and would like to put it into an FD cause converting back is not worth it considering I got it around 2015 when the rate was at its all time high, I think 1 GBP = 6.7 MYR, if not mistaken. Cause I search around and mostly it seems that you have to put it in home currency (SGD or MYR) then the bank will convert to the foreign currency you want. But is there any bank that allows you to bank in the actual currency? Any advice is appreciated. Thank you |
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Mar 16 2024, 12:22 PM
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#24
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All Stars
24,346 posts Joined: Feb 2011
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QUOTE(Thasmita @ Mar 16 2024, 08:03 AM) Thanks a mil. For Malaysia yes. For myself I use DBS My account. So far I only use it to received USD and send USD.Is it safe to say that the RHB MCA is one of the best MCA tool? Both rates and conversion margin ? |
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Mar 18 2024, 09:14 AM
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#25
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All Stars
24,346 posts Joined: Feb 2011
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QUOTE(hksgmy @ Mar 18 2024, 03:42 AM) If you don’t mind sharing, which bank accepts GBP in cash? None of the banks I use would. As far as I know DBS, OCBC, UOB accept. But they charge you an arm and a leg for it. Around 1-2%. Last time DBS accept for free. That was years ago. You need to have a multicurrency account or a foreign currency account before they can take your cash.You are better off brining your cash to place like arcade to change for SGD then use banks to deposit. Unless somehow you can call your RM and ask them waive the fees for you. |
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Mar 18 2024, 09:30 AM
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#26
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All Stars
24,346 posts Joined: Feb 2011
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QUOTE(hksgmy @ Mar 18 2024, 09:19 AM) They don't anymore, at least not DBS, OCBC & UOB for me when I last asked. I could check again, not that I have a lot of free GBP laying about, but I do have quite a stash of USD that I don't quite know what to do with ... See this pdfThanks bro. https://www.dbs.com.sg/iwov-resources/pdf/d...posit_guide.pdf All sg banks got this PDF. Maybe need to do at HQ and normal branch. hksgmy liked this post
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