The RHB Fixed Deposit Account is available for both SGD and foreign currency. When your Relationship Manager knows both Singapore and Malaysia intimately, you don’t have to worry that they will miss details in one of the markets when offering you financial advice. For affluent bank clients, this is important as knowledge of both markets will ensure they can also seize the best deals when moving their wealth. RHB Singapore’s Relationship Managers are experienced, trained and certified to provide both local and cross-border investment advice, with good knowledge of the requirements of both Malaysia and Singapore.

Should they need to quickly move the funds to Singapore for work or family, RHB Singapore can utilise its cross-border expertise to ensure that the process is smooth. RHB Bank operates extensively in Malaysia and has had 60 years’ presence in Singapore and their familiarity with both countries contributes to their cross-border expertise.įor both Singaporeans and Malaysians, having a bank with cross-border experience is particularly important if the majority of their funds are stashed away in their main bank in Malaysia. Here are 5 reasons why RHB Singapore could suit your financial needs. These people transact in both Singapore and Malaysia and would benefit from a bank that enables them to transact seamlessly across borders. So who might benefit from cross-border banking? Some examples would be Malaysians residing in either Singapore/Malaysia or Singaporeans who have their funds stashed in Malaysia due to legacy or choice. If you’re one of those who often travel between Singapore and Malaysia, one way to make sure you can move (and grow) your wealth swiftly and smoothly is to open an account with a bank that has cross-border expertise such as RHB Singapore. It’s such a relief for Singaporeans and Malaysians to finally be able to drive or ride across the Causeway or Second Link again, whether it’s for business, work, family or just to have fun in a neighbouring country.Īnd while we enjoy the ease of moving around, it’s also key to ensure that our finances also enjoy this flexibility. The re-opening of the Singapore-Malaysia borders has been the best thing that has happened so far in 2022. You can view our Editorial Guidelines here. We are committed to providing the best information in order for you to make personal financial decisions with confidence.

While we are financially compensated by them, we nonetheless strive to maintain our editorial integrity and review products with the same objective lens.

This post was written in collaboration with RHB Singapore.

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