For those wanted to TT money from CIMB SG to MY free of charges.I recommend CIMB StarSaver-i account for SG side. It offers several advantages namely; Shariah-compliant Flexibility to choose either a combined checking and savings or a savingsaccount High indicative returns (but lower deposit balance for the savings account) No fall-below fee Conveniently manage your account anytime, anywhere via CIMB Clicks InternetBanking Hassle-free monthly statements Free ATM withdrawals at CIMB’s extensive regional ATM network in Malaysia,Indonesia, Thailand and all Cirrus ATMs globally Free funds transfers to CIMB Malaysia accounts at zero service charge For Malaysia Side, Money Multiplier Account is recommended. Features and Benefits: High Daily Interest - Daily interest will be paid on entire daily balances provided the balance exceeds RM10,000 on any given day. Interest will be accrued on the entire balance at the published rate, compounded monthly. 3 FREE withdrawals a month (subsequent withdrawals would be charged RM5). Withdrawal flexibility - withdrawal / debit can be made through cheques, ATM or over the internet. Customers will be issued ATM card and cheque book. No monthly maintenance fee.
i went down this morning to do exactly that. wanted to open money multiplier account. guess what... their nationwide network is down! couldn't open a current accuont! i was WTF.. i ask them what is the contingency plan then? they were "errr.. u come down again can? or you wait, maybe evening time the system up" i was like WTF again... finally ended up had to open a CIMB airasia saving account , which was my 2nd choice. reach back singapore .. got a call from them.. oh! we forgot to ask you sign a form for activation of sgp handphone for internet banking.. i was like WTF again...told her off, she made ammends by submitting form for me. plus points from my experience is that the bankers were all very nice and accomodating. but their processes all over the shop.. MAS (mana ada system??).
so for those who're going to JB to open CIMB account here are some summary:
1) call before hand to make sure their system is Up!
2) decide what you want before hand. CIMB airasia if you intend to do ATM withdrawal, no checkbook, 2.4% for balance >5k RM, and 3 or less OTC tranx per month they credit you 5RM per month, otherwise Money multiplier account which give 2.5% interest for balances above 10k RM, but penalise you if you make > 3 withdrawal per month.
3) bring passport, IC, driver licnese (they need 3). then bring you latest mobile phone bill. they need to take a copy of that. then you need to fill in a FORM to activate the Sgp number for your cimb internet banking.
4) if the banker skips any of these steps above, ask them to check carefully (for eg: forgot to give you a form to fill).
phew.