Opening Malaysian bank account

[supremebull]

Sharing my recent experience opening a CIMB MY account by CIMB SG @ Raffles place branch.
The below info was shared to me when I asked the CIMB bank staff who served me.

1. Need to book an appointment prior to going down to open a CIMB MY acct.
2. CIMB SG helps you to open a CIMB MY account by filling in the forms, verifying your details and sending them to CIMB MY for approval. You will need to bring your NRIC and Passport, ensure the PP expiry is not less than 6 months.
3. The CIMB MY account is "AirAsia savers" account. Annual fee is RM15 which is the cheapest among the rest.
4. CIMB MY account will closed once your passport expires.
5. To ensure CIMB MY account not closed prematurely, you have two options:
a. Go to CIMB MY bank, show them your old and new passport, so that they can update your CIMB MY account details.
b. Go to CIMB SG branch, tell them to assist you to update your CIMB MY account, they will assist you to fill in a form and submit to CIMB MY for approval.
6. CIMB SG don't accept RM for deposit. You will have to transfer SGD to RM via I-banking (CIMB Clicks SG app)
7. Only one CIMB MY debit card issued per account. Can't request for two or more.

If anyone has more to add to help others, please do so. Thanks.

For the appointment booking in point 1, have to call their hotline? Or is there a link in their website to make this appointment?

 

[hexenB]

For the appointment booking in point 1, have to call their hotline? Or is there a link in their website to make this appointment?

You need to be in the malaysia forex section for the eva chatbot to come out (lower right corner). The "My appointment" is on the 3rd option (scroll left)

https://www.cimb.com.sg/en/personal...ions/accounts/sg-my-funds-transfer-promo.html

 

[koreanlover]

My CIMB debit card is expiring next month.

Do you mean I have to change to a new debit card at the branch in JB?
They won't send it to my SG address?
My acct was opened way before covid in JB and they sent a letter of dormancy to my SG address last year, asking me to use the acct before they closed it lol.

Called CIMB MY, they said I have to go to the branch to get a replacement debit card.
Will cost RM 12.

 

[funky05]

Called CIMB MY, they said I have to go to the branch to get a replacement debit card.
Will cost RM 12.

The account is tagged to passport ? So if passport is expired, we need to change the debit card also?

 

[koreanlover]

The account is tagged to passport ? So if passport is expired, we need to change the debit card also?

Will go and ask them at the branch about this.

 

[funky05]

Will go and ask them at the branch about this.

If I'm not wrong, it's the branch at Pelangi... There's an old pakcik selling Apam Balik just outside.. very nice !

 

[Habrosus]

The account is tagged to passport ? So if passport is expired, we need to change the debit card also?

Did you open your MY account through CIMB SG? If so, bring old and new passports AND also your NRIC. Your card won't need to be changed if not expired, but it'll be blocked if not used for a certain period of time. Counter will settle everything for you.

If I'm not wrong, it's the branch at Pelangi... There's an old pakcik selling Apam Balik just outside.. very nice !

Yup, go to the Pelangi one. Saw the Apam Balik van and locals buying, while waiting for my Grab.

 

[Maserati]

Hi

Anyone with CIMB MY account registerd using SG mobile number.
Are you all able to receive TAC recently (yesterday, today)?

I am asking because I was unable to receive my TAC on my mobile.
1 month ago it was working fine

Thanks

 

[funky05]

Hi

Anyone with CIMB MY account registerd using SG mobile number.
Are you all able to receive TAC recently (yesterday, today)?

I am asking because I was unable to receive my TAC on my mobile.
1 month ago it was working fine

Thanks

Can receive.. try toggle on off airplane mode and/or restart your phone

 

[Maserati]

Jo

Can receive.. try toggle on off airplane mode and/or restart your phone

Hi thanks then it must be problem on my side or my service provider M1

 

[Garlic & Butter]

anyone tried to open Maybank / Public Bank / OCBC Malaysia non-resident account?

 

[xsoldix]

anyone tried to open Maybank / Public Bank / OCBC Malaysia non-resident account?

Interested to know as well.
Maybank
public bank

 

[hacktic]

aye why do people want to open MYR account ah with all the revolut and youtrip.

comparable interest rates?
also MYR is not a currency I would want to hold less I stay there.

ease of withdrawal/unexpected need for cash?
i dont think anyone who is just a casual daytripper would want to bank in more than SGD1k/MYR3.3k, the value might erode (/justsaying) more than you can save using youtrip/revolut.


I have a Maybank SG account
https://www.maybank2u.com.sg/en/per.../atm-services/regionlink-crossborder-atm.pageand I used to bring my Maybank card along but hardly ever have the need to use it.

 

[harky]

I going jb 1 week time..
The CIMB MY can use anywhere right ? Like nets card?

 

[Garlic & Butter]

ya can use anywhere just like a local. but still recommend to hold some cash to use in places that only accept cash

can try their Duitnow (similar to paynow QR) too

 

[ABuNeNe]

those who have opened a malaysia non-resident saving account (cimb or not), is there a rm10k transfer limit per transaction?

 

[Garlic & Butter]

for CIMB MY:
debit card: RM20k per day
ATM withdrawal: RM 10k per day
Online funds transfers:
3rd Party or any DuitNow: RM50k
DuitNow QR: RM 10k
Doesn’t mention limits for online purchases

 

[cryn79]

My passport is expiring this year.
Last week, I got my new passport, so need to update my new passport details for my CIMB MY a/c.
Yesterday, the CIMB SG branch reluctantly helped me to courier the paperwork to the MY branch.
They tld me most likely the Malaysia branch will ignore the paperwork sent and I will need to do the follow up myself.
After 14 working days, I will share again the outcome.

 

[Habrosus]

My passport is expiring this year.
Last week, I got my new passport, so need to update my new passport details for my CIMB MY a/c.
Yesterday, the CIMB SG branch reluctantly helped me to courier the paperwork to the MY branch.
They tld me most likely the Malaysia branch will ignore the paperwork sent and I will need to do the follow up myself.
After 14 working days, I will share again the outcome.

Been there, done that. IMO find a weekday asap and head over to their Pelangi branch (if yours was opened in SG) with your old and new passport AND NRIC. Don't waste time waiting as they'll freeze your account and oh, bring the (debit?) card as well.

SG branch being reluctant coz they knew...

 

[cryn79]

Been there, done that. IMO find a weekday asap and head over to their Pelangi branch (if yours was opened in SG) with your old and new passport AND NRIC. Don't waste time waiting as they'll freeze your account and oh, bring the (debit?) card as well.

SG branch being reluctant coz they knew...

Hi Habrosus,
Yes, my a/c was opened in SG.
Thanks alot for the tip.
Will do it soonest. Thanks again!