1/16/2012

Can an OFW in Singapore Open an Account With Maybank Singapore?

By
Yes, an OFW in Singapore can open an account with Maybank Singapore as long as he/she has his/her passport and employment pass or work permit.

Among the savings accounts offered to OFWs and foreigners are:

 iSAVvy Savings Account

Minimum initial deposit: S$10
Minimum average daily balance: S$500
Monthly service fee if minimum average daily balance is not maintained: S$2 

iSAVvy Savings Plus Account
Minimum initial deposit: S$500 for foreigners

Privilege Plus Savings Account
Offered to: People 50 years old or older
Minimum initial deposit: S$500 for foreigners

An OFW in Singapore can open an account in Maybank Singapore.
Requirements
- Passport
- Work permit or employment pass
- Cash for initial deposit

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