I am with OCBC, unfortunately the RM is not able to open OCBC SG account for me.

Eh guys, which Bank's PB does not impose penalty/fees when balance below requirement ah? I plan to move my limited funds around

Check sifu Gen-X's blog. Can't remember which post. He did the same thing. Cycle the money here and there.

Yeah, i read his blog, but cant find it anymore, his blog is like a creditpedia, which i dont know where to start

http://generationsxyz.blogspot.co.id/2015/...ights-2015.html

ahhh, found it thank you, i must share thiz

"I have Privilege Banking status with UOB Bank and Alliance Bank, Premier Banking status with OCBC Bank and RHB Bank, Priority Banking status with Hong Leong Bank and Premier Wealth Banking with Maybank. And why did I sign up for the PB status with these banks? Well, it is because I will not be penalized a sen should my Assets Under Management (AUM) with these banks fall below the requirement to be eligible for PB status." (GenX, 2015)

Can add CIMB to that list too.

This post has been edited by wahming: Oct 12 2015, 09:47 AM

which list?

This list

i think HLB changed already.. no more free stuff like that

wow, cimb pun generous also?

no la confirm cimb, if aum drop, they will take out from cimb preffered list , just kena few months, most mainted cash , or loan more than rm 1 m

All other banks charge penalty if AUM falls below the PB requirement?

Some don't charge you, you just lose the status and whatever benefits that come with it.

Go directly to OCBC SG and look for CAM (client acquisition manager) or you ask your malaysia premier RM to introduce you one.

Most of the SG bank are happy to bring in fund from overseas customer such as malaysia and indonesia to open privilege/premier account with them.

You need 200k SGD for OCBC and 350k sgd for UOB.
UOB do not charge you any fall below fees so you can transfer back your money once you open the account with them, but just don't too obvious transfer back in one shoot.

Thanks. Anyone done this before?

https://www.ipb.citibank.com.sg/english/sta...alOnlineAccount

Citibank International Personal Bank.

Any good?

Which one the best at current market ?
Considering HSBC or Scb?

CIMB running promo for PB with only RM150k placement.(not sure if this promo is still valid tho)
Once you are PB customer, get your RM to reco you to CIMB Spore to open account there.
No need to be PB customer in CIMB Spore.

After the Singapore account is open, can we remove the priority banking from CIMB?

Sudah capai objektif..don't see why not.
AFAIK, there's no commitment period for PB