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> Best Malaysia Bank to Deposit US Cheque

investmentlink
post Dec 10 2006, 02:15 AM
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Which is best Malaysia bank to bank in U.S. check?
Generally, the exchange rate and check processing time are about the same among local banks. The time to process the check will take about one month.


Note: Result is compiled from the forum thread and comments in this page, no personal verification done. If you have updated information of any bank's check processing fee, please let us know in the comment.
Hong Leong Bank: RM50 + RM10 (courier) + USD75 (Citibank Delaware)
MayBank::
RM25 + USD10 0.1% of the cheque (min: RM25.00, max: RM100).
USD15 + unknown charge from the overseas bank
PublicBank:
0.1% of cheque amount (min: RM20, max: RM100)
Postage: RM5
Stamp duty: RM0.15
HSBC: RM11
EON Bank: RM10
BCB:
0.1% charge (min: RM5, max: RM100)
Postage: RM5
Stamp duty: RM0.15
Note: You can deposit your check to the home branch only. But, you can mail your check to your BCB account's home branch for bank-in.

RHB:
Postage: RM5.00
Stamp Duty: RM0.15
Commission: 0.1% of your cheque amount (minimum RM 10.00 and maximum RM 100.00)
Standard Chartered: 0.01% of cheque amount OR min RM 50.
Bank Muamalat: RM5
Alliance: ~RM70
Southern Bank: RM30 + RM0.15 stamp duty.

This post has been edited by investmentlink: Dec 10 2006, 01:07 PM
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