Exchange Rates for RM

[malpaso]

Just to recap once and for all:

CIMB Malaysia's AirAsia Savers Account interest is 1.2% flat, no tiers. They mentioned 2.4% is because if you don't make any over-the-counter transaction in a month and your balance is above RM5,000 throughout that particular month, you'll be entitled to an additional RM5 credit, which is the equivalent of 1.2% of RM5,000, hence the tricky 2.4% as can be misunderstood.
.

WTF again!! They told me this morning 2.4% for balances above 5k RM calculated based on the balance of the account, inclusive the 5RM rebate. When I pointed out the "1.2% flat rate, no tiers" statement, they couldn't answer. Now I have to go again to open the moneey multiplier account. Arrrgggh!!

 

[malpaso]

Can we use token instead of SG handphone for internet banking?

for malaysia account, no mention of token.

 

[ginfreely]

Some people dont drive leh; provide more option lah.

I go UOB only bring IC and Passport only. And also RM10,000. Period.

Why CIMB so troublesome one.

I think Cimb no standard procedure, the branch i went only asked for passport and IC, never ask for driving licence.

 

[malpaso]

>> as usual, i kept it simple, one saving acct and ATM card.

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.

tell me mah.. the pretty malay banker taught me how to DIY e sgp no with the FORM. (boz i also didn't bring along):p

so you manage to activate the sgp handphone without filling the form? i think all the bankers there confuse one another la. btw, the current account has check book and better interest. so if you keeping reasonably large amount there dormant for a while, i think money multiplier account is better. but today i cannot open because "system down". pengzzz sia.

 

[ginfreely]

Gladywin, thanks for sharing. May I know the daily transfer limit for CIMB? RM25k?

the online transfer max is Rm20k

 

[malpaso]

I think Cimb no standard procedure, the branch i went only asked for passport and IC, never ask for driving licence.

unless you're malaysian. for me i only need msia IC. But they mistook me for singaporean at first so asked me for all 3.

 

[winners]

for malaysia account, no mention of token.

From their website, there's a mention of the token can be purchased at RM65.00. But I don't know how true is this because I did not inquire. Maybe you can ask them and revert in this thread.

 

[ginfreely]

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.

>> as usual, i kept it simple, one saving acct and ATM card.

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.

tell me mah.. the pretty malay banker taught me how to DIY e sgp no with the FORM. (boz i also didn't bring along):p

Can use pre-paid Msia number, no need to show mobile phone bill and can use instantly.

 

[ginfreely]

unless you're malaysian. for me i only need msia IC. But they mistook me for singaporean at first so asked me for all 3.

Haha i wish. Well they didn't ask for driving licence.

 

[Grago]

Current CIMB internet transfer rate - 2.5478
Counter TT should be 2.5478 + 200 pip = 2.5678

2.5678 TT rate, that is excellent rate....

 

[IRONMAN123]

for malaysia account, no mention of token.

I just opened Air Asia Saver acc. Need to pay RM65 for the token if u opt for that! Nothing is free like in SG.

 

[Narmi]

Today at SEmbawang shp centre $251.5

 

[wolverine23]

How long do I have to wait to get my CIMB Malaysian account linked up?

Do you guys have to do this?

 

[IRONMAN123]

How long do I have to wait to get my CIMB Malaysian account linked up?

Do you guys have to do this?

Link today, still pending...

 

[ichin]

Jurong Point, Dollor exchange TT @ RM254

 

[wolverine23]

Thanks...

Rate is now 2.5478

Link today, still pending...

 

[wolverine23]

Why TT through Money changers when it is so convenient to do it through CIMB? It is also free and better rates...

Jurong Point, Dollor exchange TT @ RM254

 

[malpaso]

2.5678 TT rate, that is excellent rate....

but counter TT got charges right? so depends on the amounts transferred too. Dunno whether this has been shared in thsi thread , but the CIMB SG banker told me that for single amounts of >80k SGD, they can give me a much better rate.

 

[malpaso]

How long do I have to wait to get my CIMB Malaysian account linked up?

Do you guys have to do this?

i thought we have to do it ourselves using the SG internet banking portal? so for me, am waiting for my CIMB SG internet token.

 

[wolverine23]

You can request linkup to your Malaysia CIMB account which takes 2 weeks. In the meantime, you can choose to remit to 3rd party CIMB.

It should work too..

i thought we have to do it ourselves using the SG internet banking portal? so for me, am waiting for my CIMB SG internet token.