Standchart eSaver

[Lè Crayons]

hi thread members, my mum has applied for esaver using singpass and has since received an email "Confirmation of Account Opening" with Account Number stated.
as esaver is an online account and she doesnt have any prior relationship with SC how does she even get the SC app and / or SC Internet banking credentials?
thank you

An email will be sent to her with her temporary ID. She has to register for the online account using the temporary ID.

 

[Devilsire]

After a few tries somehow the livechat appears on my PC browser. However, after live chat, a agent told me need to do a phone call instead for my request. What a bummer....now I need to call & try to get a CSO, likely I need to select the scam option to reach to a CSO & then get this person to re-direct me to the right CSO. What a pain listening in all the automated voice options & then there is no correct options to select, it auto terminate after 3 tries, lousy service on SCB phone.

back then when i had 1 of my account locked due to dorment, iirc under the automated voice options, there shld be a press 0 or 9 speak to cso option after selecting account enquiries, key in account/ic etc

 

[Devilsire]

Do all of you have multiple esaver account? I opened an account in Feb and participated in the Feb Mar promo. I'll have to skip the Apr May promo since it will compare with my March ADB for the BI calculation.

long long ago individuals are able to open more than 1 esaver acc to play the merry go round cycle, read some time back they have already changed to 1 / pax

 

[havetheveryfun]

Do all of you have multiple esaver account? I opened an account in Feb and participated in the Feb Mar promo. I'll have to skip the Apr May promo since it will compare with my March ADB for the BI calculation.

some ppl rotate between esaver n maybank isavvy, works similar. except they purposely got an overlapping month so need to plan carefully.

 

[qrcode]

some ppl rotate between esaver n maybank isavvy, works similar. except they purposely got an overlapping month so need to plan carefully.

I noticed both are having 2 months period and always there is one month overlapping. Let's say If I put $$ in isavvy for 1st month, and transfer all $$ to esaver on the 2nd month, will I get still be able to get the interest at the promotional rate for that particular month from Maybank ( or SCB)?

 

[Lè Crayons]

I noticed both are having 2 months period and always there is one month overlapping. Let's say If I put $$ in isavvy for 1st month, and transfer all $$ to esaver on the 2nd month, will I get still be able to get the interest at the promotional rate for that particular month from Maybank or SCB?

Yes

 

[royalmix]

I have 2 esaver, at one time 3 (cos I priority, make them priority too!). Then interest drop until, aiyah, I close all the joint (cos I no more priority!). Then interest climb again, I open again, regret closing cos troublesome to open.

I dun like isavvy, have short life with me cos interest drop faster last time, got min balance, I dun like, so I close!

I alternate with others if interest rate is higher! No min balance, then I can make my money work harder every mth!

 

[iosnewbie]

An email will be sent to her with her temporary ID. She has to register for the online account using the temporary ID.

I was also slightly confused by the account opening process. To add on, once the temporary ID which comes in an email, use the SC Mobile app to create the login account (you get to choose the account user name, password complexity requirements isn’t very robust though). After account creation initially, you still can’t see the complete 10-digit esaver account number. Need to wait for at least 12 hours before that number is visible.

When I wanted to use FAST to transfer 150k from POSB to esaver, my FAST transaction was put under review until someone (a local lady voice) called me on my registered mobile number to verify that I did indeed make that FAST transfer request, the reason for doing so and some personal info items. This is what I expect from banks as part of fraud prevention. Although I think the process can be further strengthened of technically feasible, but POSB side initiating a verification request by their human bank rep, that goes to my POSB app and for me to authorize so that I can be doubly sure of the caller’s origins.

 

[a4973]

I was also slightly confused by the account opening process. To add on, once the temporary ID which comes in an email, use the SC Mobile app to create the login account (you get to choose the account user name, password complexity requirements isn’t very robust though). After account creation initially, you still can’t see the complete 10-digit esaver account number. Need to wait for at least 12 hours before that number is visible.

When I wanted to use FAST to transfer 150k from POSB to esaver, my FAST transaction was put under review until someone (a local lady voice) called me on my registered mobile number to verify that I did indeed make that FAST transfer request, the reason for doing so and some personal info items. This is what I expect from banks as part of fraud prevention. Although I think the process can be further strengthened of technically feasible, but POSB side initiating a verification request by their human bank rep, that goes to my POSB app and for me to authorize so that I can be doubly sure of the caller’s origins.

The call was from POSB rep ?

 

[iosnewbie]

The call was from POSB rep ?

I assume the call was indeed a POSB rep since she could tell me the amount I wanted to FAST transfer, the time of transaction and the target bank.
Still, I think the verification process could have been more stringent since there wasn’t any mechanism for me to verify the authenticity of the POSB caller.

 

[ctan84]

I assume the call was indeed a POSB rep since she could tell me the amount I wanted to FAST transfer, the time of transaction and the target bank.
Still, I think the verification process could have been more stringent since there wasn’t any mechanism for me to verify the authenticity of the POSB caller.

Yes, these days POSB account esp if you are above a certain age, when u do a big sum of transfer or several transfers continuously, be prepared to receive a call from the bank b4 the transfer can go thru.

 

[twosix]

Yes, these days POSB account esp if you are above a certain age, when u do a big sum of transfer or several transfers continuously, be prepared to receive a call from the bank b4 the transfer can go thru.

A lot of banks practised this nowadays. Cimb too will hold and call first to double check.

 

[DevilPlate]

Yes, these days POSB account esp if you are above a certain age, when u do a big sum of transfer or several transfers continuously, be prepared to receive a call from the bank b4 the transfer can go thru.

even for transfer to yr list of added payees & yr own name?

 

[DevilPlate]

A lot of banks practised this nowadays. Cimb too will hold and call first to double check.

I received call when they received a large sum instead LOL

 

[ctan84]

even for transfer to yr list of added payees & yr own name?

If its in your added payee liao (means there's a recorded history of that person being sent money to) then no. Account even your own name if first time will still kanna.

 

[DevilPlate]

If its in your added payee liao (means there's a recorded history of that person being sent money to) then no. Account even your own name if first time will still kanna.

I recently sent a lump sum >100k to newly added payee account (under my own name) and never received any call

*Not from POSB

 

[ctan84]

I recently sent a lump sum >100k to newly added payee account (under my own name) and never received any call

*Not from POSB

I don't know about other banks, but I kanna from POSB / DBS & SIF b4.

 

[DevilPlate]

I don't know about other banks, but I kanna from POSB / DBS & SIF b4.

i m refering to SC because this is SC esaver thread....then noticed u wrote POSB hahaha

 

[ctan84]

i m refering to SC because this is SC esaver thread....then noticed u wrote POSB hahaha

Coz the original person who talked about the phone call checks was referring to POSB wat.

 

[camholicx]

Seems like Esaver is better than MariBank at 3.45% interest.

Can I confirm that E-saver do not have other requirements i.e. salary or credit card usage or giro?