Yes, it is possible to open a bank account in Malaysia as a non-resident. You just need to provide the necessary paperwork, which as you see, does not require proof of address in Malaysia. If you choose a foreign bank, you can even start the process from abroad.
Can a Singaporean open a bank account in Malaysia?
If you are a Singaporean you can open a bank account in Malaysia. Go to any Malaysia bank and tell them you want to open a bank account. You would need a Singapore Identity card or passport together with your Malaysia Ringgits.
Can foreigner open bank account in Malaysia?
To open an account you will need to bring:
- Valid Passport.
- National Identity Card.
- Valid work permit or working visa in Malaysia (for employment in Malaysia)
- Employment letter (for employment in Malaysia)
- Approval Letter for Malaysia My Second Home program (for MM2H participants)
Can a non resident open a savings account?
A foreigner can open a bank account in the US. Most small banks only allow US citizens and permanent residents to open up bank accounts. These banks require a social security number, which non-citizens don’t have. … Checking and savings accounts are types of personal accounts.
Can I open CIMB Singapore account in Malaysia?
Malaysian customers will be able to open Singapore bank accounts. … CIMB also added a guaranteed cash rebate with a valid claim for online exchange rate for fund transfers from CIMB Singapore to CIMB Malaysia account via CIMB Clicks, which is valid until 31 December 2018.
Can Singaporean Open Malaysia bank account online?
Yes, you can open a bank account online with a Malaysian bank, BUT there’s a prerequisite. Malaysian banks like CIMB and Maybank offer limited products that can be set up online without the need to personally go to the branch. However, this is only applicable to existing clients of the bank.
Can a tourist open a bank account in Singapore?
If you are a foreigner or not a resident of Singapore, then you can still open a bank account without any trouble. … To open a bank account as a foreigner in Singapore you’ll need: Proof of Identity (Passport or ID card) Proof of Address (Utility bills, etc.)
Which bank is best in Malaysia?
CIMB is awarded best private bank in Malaysia by Asiamoney and FinanceAsia
- CIMB is awarded best private bank in Malaysia by Asiamoney and FinanceAsia.
What is the easiest bank account to open online?
1. Choose a Bank or Credit Union with $0 Deposit Req’s
- Barclays Online Savings.
- Discover Online Banking Cashback Debit.
- Credit Unions.
- Wells Fargo Opportunity Checking®
- BBVA Compass Easy Checking.
- Radius Bank Essential Checking.
Can you open bank account with passport?
Some requirements for opening a bank account may include: At least two forms of government-issued photo identification, such as a valid driver’s license or passport. Social security number or individual taxpayer identification number.
What countries allow noncitizens to open bank accounts?
5 Best Countries to Open Offshore Bank Accounts
- 5 Best Countries to Open Offshore Bank Accounts. …
- Cayman Islands. …
- Switzerland. …
- Singapore. …
- Germany. …