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Impt Info for Those With Bank Accounts in Malaysia

Loofydralb

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If your account is inactive for 7 years, it will be transferred to Malaysian govt Alibabas.

Since its a lockdown at the border, there is nothing you can do.

Say bye bye to your money.
 
This reminds me of the bank account 'haircut' which happened in Cyprus some years ago. :biggrin:
 
If your account is inactive for 7 years, it will be transferred to Malaysian govt Alibabas.

Since its a lockdown at the border, there is nothing you can do.

Say bye bye to your money.

If it is inactive for 7 years...you probably don't need it.
 
Can trsf funds back to Spore acct. But may lose the value due to rate exchange. Now is 3.10
 
CIMB Malaysia will deactivate your bank account after 12 month no transaction and to reactivate it, authorised signatory need to be present at the counter in Malaysia or cash deposit of MYR1.00 at the counter into own bank account.
 
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