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Author
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Topic: Opening Bank Account in Malaysia (Read 1284 times)
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Pooley
Newbie
Posts: 8
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I need to open a bank account in Malaysia so I can pay bills direct to other Malaysian banks from this account to keep the transfer costs down. I am non resident so I was wondering what the restrictions might be. Any infomation on this ( bank names) would be great.
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Bobtalbot
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Contact Maybank customer services 1-300-88-6688 or if overses 603-78443696
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Mark
Guest
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Hy Pooley
My advice is different: go to any bank but NOT Maybank. They have the biggest restrictions on opening a bank acct for a foreigner. (If you have no workpermit/with long visa).
I went in to maybank with 40 000 MR which I wanted to deposit on an acct and they refused.
I went to the CIMB bank (the Bumiputra Bank) and could at least open a savings acct.
But there too I was lucky - as I am Swiss and in this bank works a Bumiputra who is also Swiss....
A friend of mine opened a saving acct in the RHB Bank. Her was just telling them he wanted to deposit 100 000 MR and they could not resist... :-)) - but also after some discussions.....
To get a full bank acct, not a savings acct. - is more difficult. As with a full bank acct goes the issuing of a checkbook . . .
I just now opened such an acct - but it was in the process of registering a company.
Good luck - if you insist you can at least open a savings acct - but whether you can do the transfers you want from this acct. or not - you would have to check.
Cheers
Mark
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Bobtalbot
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Sorry Pooley,
I bow to Mark,s greater knowledge/experience ( there goes my commission ! ).I have a Malaysian wife so that is probably why I didn,t have a problem with Maybank.
regards Bob T
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Pooley
Newbie
Posts: 8
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Thanks both for your advice. I am visiting Sabah in May so I will pop in to a branch and see if I can open an account. Apart from Maybank do any of the others offer internet banking?
Cheers
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Bobtalbot
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look at rhbbank.com.my
regards Bob
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Mark
Guest
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Or the CIMB Bank. Former Bumiputra Bank.
http://www.cimbbank.com.my/index.php?ch=subch_business_ib&pg=pg_ib_ib&ac=47&tpt=cimb_bank
Cheers
Mark
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