Private banker income

5m10y:
same to you too! Read your blog and I must say I am a little threatened by the competition... haha

5m10y:
oh sorry.. want to replace the haha with
felt the "haha" might be construed by others to be laughing down on the competition...

:P = Teasing...

No worries... I compete with you on passion only lah, my net worth nowhere near yours liao :-P

I'm looking up to priority now... so taxi fare from airport can let DBS pay... hahaha...

5M10Y,

theres nothing wrong to share your experiences and thoughts.

however, this website is being viewed by many who needs an answer, and might be desperately looking for a decent advice.

you can be whoever you want to be on the internet world, but as a responsible person, i feel that we have to put certain things into perspective.

imagine if i had written that banks pay for my fine dining bills and F1 hospitality EVERYTIME, and it goes unchalllenged, would you be misled into thinking that that is the norm?

likewise, if you had been calling a spade a spade, theres no reason to worry about being challenged.

and im not being personal by the way. no offense, just my two cents worth.

Adiemuso, that's what I was saying. Terence already said that DBS Treasures wasn't real private banking, and he did share the benefits of DBS Treasures, which I found interesting, like the taxi fare gettting paid by DBS Treasures and whatnot.

This is all written communication, so your interpretation might be different from mine. But never did I sense Terence was boasting, so I didn't see why the putting down was necessary.

Anyway, peace, man. I won't continue this particular conversation--it's getting nowhere and I think it's just a matter of different interpretations between yours and mine.

no worries, bad times are coming...doesnt helps to have a bad time here in the forum too...cheers and brace yourselves..

Let me share on what I know about DBS Treasures and DBS Private Banking (PB). I was previously at DBS Treasures customer and then some years ago the same relationship manager from Treasure (RM) has been promoted/transferred (which I do not know) to Private banking and he bring me along too.

In term of service of course PB has more products, which normally you do not get at Treasure, but there are alot of checks on where you got the funds from until you fed up as you are being watched.

Every wire transfer need to tell reason of transfer. I am not sure other PB also do the same or only DBS is being more particular.

Would be interesting to have other PB clients sharing too. Anyone? :-)

Before i selected my pte banks.. i did go to DBS pte bank..
Anyway, all banks required checks on the initial fund transfer and background check on how come you have so much money.

It's just to ensure it's not those money laundering stuff...

But mine was fairly straightforward.. Just show them evidence of why I have the money.. they write an initial report.. open an account and after that.. the other transfers will not attract any more queries.

Because of some problems, I am not a Treasures customer anymore but just last month, had the Treasures experience under my wife's membership.
At Changi airport, there are special lounges at T2 and T3 (T1 -not sure). You can have a free dinner there which is not bad. When we returned from Europe, they had special Treasures limousines (Mercedes E class) chaffeur us back home for free. The cars are painted in black and brown colours and are very distintive so it attracts attention from us, which you may or may not like. The driver told me that there are 10 limousines.