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US$ Bank Account
US$ Bank Account
Hi, Although not living in Singapore, we have been advised to have a US$ account here as the country we are in is not stable enough. Can anyone share their experiences of the best bank for a US$ account without needing a S$ account and with online banking? Thanks for your advice!
Re: US$ Bank Account
Is this for your drug cartel proceeds or your illegal capital outflow from real estate sales in China?crosskeys wrote:Hi, Although not living in Singapore, we have been advised to have a US$ account here as the country we are in is not stable enough. Can anyone share their experiences of the best bank for a US$ account without needing a S$ account and with online banking? Thanks for your advice!
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
Re: US$ Bank Account
It's not easy (possible?) opening a bank account if you are not resident.
Unless of course you have large amounts to deposit
Unless of course you have large amounts to deposit

Re: US$ Bank Account
Even then you need to provide statements and proof about the source of funds. 1MDB made sure of that.bgd wrote:It's not easy (possible?) opening a bank account if you are not resident.
Unless of course you have large amounts to deposit
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
Re: US$ Bank Account
Neither, just a couple of grafters that are finally retiring and don't want to keep all their money in ThailandPNGMK wrote:Is this for your drug cartel proceeds or your illegal capital outflow from real estate sales in China?crosskeys wrote:Hi, Although not living in Singapore, we have been advised to have a US$ account here as the country we are in is not stable enough. Can anyone share their experiences of the best bank for a US$ account without needing a S$ account and with online banking? Thanks for your advice!

Re: US$ Bank Account
Shouldn't there be a deposit insurance in TG ?crosskeys wrote: Neither, just a couple of grafters that are finally retiring and don't want to keep all their money in Thailand
in PH it is 500,000 PHP.
Singapore is 50,000 SGD
Oh, if you hold certain passports, (not Africa or South American .. ) Some banks will not even give you face - NO, NOT ALLOWED TO HOLD AN ACCOUNT.
PS, have you tried HSBC Vantage ?
Or CITI ? They allow opening of Off shore accounts in SG
Re: US$ Bank Account
See the earlier threads on HSBC and levels of service.
You may have more traction if you approach the Private Banking arms of the banks. That of course implies a certain level of funds.
You may have more traction if you approach the Private Banking arms of the banks. That of course implies a certain level of funds.
Re: US$ Bank Account
I doubt you will succeed without any residency status in Singapore. Blame Najib and his cronies for that.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
Re: US$ Bank Account
Open a brokerage account with Interactive brokers and keep your monies there, invest it in ETFs according to your risk profile. Who keeps money in bank accounts?
Sent from my Redmi Note 4 using Tapatalk
Sent from my Redmi Note 4 using Tapatalk
Re: US$ Bank Account
The brokers I know won't do it without a corresponding bank account in OP's name. I guess thought the account doesn't need to be in Singapore. Good sol'n WD.Wd40 wrote:Open a brokerage account with Interactive brokers and keep your monies there, invest it in ETFs according to your risk profile. Who keeps money in bank accounts?
Sent from my Redmi Note 4 using Tapatalk
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
Re: US$ Bank Account
Interactive brokers is US based. They have offices in UK, Canada and Hong Kong. You don't really need to link it to any bank account. You just need to fund it in one of the 16 funding currencies. You can do a wire transfer. You could also do a FAST if you are funding using SGD.PNGMK wrote:The brokers I know won't do it without a corresponding bank account in OP's name. I guess thought the account doesn't need to be in Singapore. Good sol'n WD.Wd40 wrote:Open a brokerage account with Interactive brokers and keep your monies there, invest it in ETFs according to your risk profile. Who keeps money in bank accounts?
Sent from my Redmi Note 4 using Tapatalk
Singapore brokers are olgliopolic and charge outrageous fees, just like everything else in Singapore.
Sent from my Redmi Note 4 using Tapatalk
Re: US$ Bank Account
Assuming you just want to park your money somwehere and possibly invest it then :
Internaxx (formerly TD DIrect International), based in Luxembourg. There are a few forms you need to send them. Process is very straightforward. You will get a multi-currency account, I believe approx 8 different currencies.
Internaxx (formerly TD DIrect International), based in Luxembourg. There are a few forms you need to send them. Process is very straightforward. You will get a multi-currency account, I believe approx 8 different currencies.
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