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.
