A friend of mine, Ms. Rica has a daughter who is 15 years of age. She wants her child to open a bank account and have a debit card for security purposes for her daughter. They want their daughter to know the value of money while she is in a minor age. I want to know if she can be qualified to open one.
For fellow expats working in Singapore, this current promotion is great for those who need to remit USD overseas. This is where good planning is necessary. You don’t only benefit from exchanging money at your desired rate, but earn even more at the same time with the 2.5% p.a. interest. Plus, when you do transfer after the 4 months, you’ll get to enjoy same-day transfers at S$0 when doing so online with DBS Remit!
DBS Multi-Currency Account / DBS Bank
This account is only open to consumers with an Advance banking relationship. Overall, HSBC Advance Time Deposit is fairly accessible, with just an S$5,000 minimum to place a deposit of any tenure at standard rates. Interest rates do not vary by deposit size, though rates jump substantially for longer tenures. In fact, board rates from 1 to12 months range from 0.05% to 0.25%, but a 24 month tenure earns an impressive 1.45% p.a. This is one of the highest 24 month rates on the market, making the HSBC Advance Fixed Deposit excellent for long-term deposits
HSBC Singapore Dollar Savings Account / HSBC Bank Singapore
I like that with UOB Stash Savings Account one can make it a habit to save regularly, to grow a steady stream of income for times to come, plan ahead and save to ensure one can have a security blanket for the future. With this bank account you get to save as and when you have any extra cash or lump sums from your bonuses or investment
UOB Stash Savings Account / United Overseas Bank
I use Citibank for travel and they have saved me a lot of money on ATM fees as they have many ATM's all over the world. When I had to call them I was very impressed with the level of customer service they provided me.They require a minimum initial deposit of $2,000 and provide complimentary cash withdrawals from Citibank ATMs overseas with no processing fee and instant fund transfers, I give them some high recommendations
Citibank InterestPlus Savings Account / Citibank Singapore
Standard Chartered is another name that has an expat banking programme to cater to expats’ needs allowing those on the programme to get their accounts set up prior to arriving in Singapore, and to remit money to overseas Standard Chartered account for free. The main drawback is the lack of Standard Chartered ATMs around, not easily accessable.
Standard Chartered FCY$aver / Standard Chartered Bank Singapore
The interest is quite low on this card as compared with other saving plan. It deducts 2 dollars per month on your account balance if it is lower than $500. The interest rate is minimal and there are no incentive to save each month. Super good account as they do not need initial deposit to open the account. Good for new to workforce adult that have not much saving.
DBS eMySavings Account / DBS Bank
No Name
Every parent always want their children to have an emergency money that they can easiliy access anytime they need it. One of those the easy accesses for them to send money to their children when away is through a debit card. But not every child can get an account or have a debit card from a bank they must be at least 16 years old to apply for a Debit Card.
F
Ddddxxxxetxh crctddctfcgggggggggggggvvvvvvbbtvfvfvvfvffvfvfvvfgbggGgtfvyicftictfifcugfctifctifcyifcyi fc you know what I do is dumb and you
F
Ddddxxxxetxh crctddctfcgggggggggggggvvvvvvbbtvfvfvvfvffvfvfvvfgbggGgtfvyicftictfifcugfctifctifcyifcyi fc you know what I do is dumb and you