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> Integrated Maybank, M2U Malaysia, M2U SIngapore

my_oaks
post Jan 4 2009, 11:34 AM

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If you have regular customers from Singapore, I highly suggest you open a Maybank account in Singapore.

I saved a lot of money rather than using paypal.

heres the steps involved in my case:

1. go to hq or ampang park branch also can, tell them you want to open account. ( normal paperwork and info required so bring them along - ic etc ) minimum deposit SG$500 and MUST leave that much amount there to make it free or else they deduct SG$5 every month

2. maybank Malaysia will send your application there and you just wait till you get confirmation from the bank.

3. nowadays, they send out a special device that gives you temporary extra password so not just anybody can hack your account or do transfer.

Thats it lar pretty simpler... after that they open and confirm can use oredi...
wire back to your Malaysian Maybank account costs SG$15 each time though..

hope this helps and best of luck to you. any questions feel free to ask
my_oaks
post Jan 4 2009, 06:25 PM

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1. nope there are certain branches that can do it.. since u r close u can go direct to Sg and do it there at their HQ there.. in Msia you have to call maybank to find out where near muar can do for you.

2. im not against paypal.. i still use paypal for international trade.. im just saying its cheaper to pay wire fees SG$15 than get charged paypal fees which can be much much more.. save money lor... tongue.gif

long term oso of coz opening bank acct is better coz the most important thing is the money is secured in your account and they cannot suddenly reverse it or do chargebacks etc (less chance getting conned by fraudulent buyers)...
but to gain trust of others to bank in to you, you must also be very honest lar.. build that trust... otherwise people oso scarred to bank in money before getting item...

hope this helps
my_oaks
post Jan 5 2009, 12:45 PM

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QUOTE(lhongwuh @ Jan 5 2009, 03:06 AM)
wah..if suspended without reason really kesian leh...
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true true

 

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