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 Bank Draft, where and the charge

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carrylisme
post May 6 2016, 10:40 AM

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I went to the Maybank at PJ Old Town to make a bank draft but got rejected.

The purpose for the bank draft is to pay 3% booking fee for buying subsale house and it is over 10K.

That Malay aunty sat behind counter (maybe she's the boss la)rejected my request saying that I need to show them proof of the house price, amount of booking price and real estate agency details.

I was shocked because previously CIMB did not request any proof when I requested for a bank draft and it went smoothly. They only requested company name to be transferred and check if you have enough money, that's it.

Maybank staff keep saying that I want to make bankers check but I told them I want to make bank draft.

To all Sifus,

1) are bankers check and bank draft the same?
2) do I really need to show proof of house price, booking amount and real estate agency details.
3) if yes, how do I get that because it is a subsale house and don't have any fancy pamphlet like new house always got.
4) can someone punch that aunty in her face because she annoyed me too much.

thank you in advance






selikatwo
post May 10 2017, 07:32 AM

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Hi all. I have bank draf from maybank for buying house. Now i want to cancel. But the house developer refuse to give back bank draf to me keep saying already lose it. Can i still refund my bank draft?
ilovestitch
post May 31 2017, 08:44 PM

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QUOTE(hpcp @ May 21 2011, 11:33 AM)
Copied from a blog

Charges for Banker's Cheque/ Cashier's Order by various banks
Maybank RM 5
CIMB RM 2.15 (RM2 and stamp duty of RM0.15)
Public Bank RM2.00 plus stamp duty
Hong Leong Bank RM 2.15
RHB Bank RM 5 (inclusive of stamp duty) for bank customer, RM 8 (inclusive of stamp duty) for walk in customer
Ambank RM 2.15 for account holder, RM 5.15 by cash
Affin Bank RM5.00 (inclusive of stamp duty for amounts up to RM10,000.00), Free (above RM10,000.00)?? [Doubt that it is FOC]
Eon Bank RM 2.15 (service charge RM 2 + stamp duty RM 0.15)
Alliance Bank RM 2.15 (inclusive of stamp duty)
Bank Islam RM 2.15
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How about standard chartered
wodenus
post Jun 1 2017, 06:25 PM

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QUOTE(winter-X @ Dec 4 2015, 12:33 AM)
Can I buy bank draft using cash? Or foreign currency?
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Yes and yes. You can buy a bank draft in any major currency.
wodenus
post Jun 1 2017, 06:26 PM

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QUOTE(selikatwo @ May 10 2017, 07:32 AM)
Hi all. I have bank draf from maybank for buying house. Now i want to cancel. But the house developer refuse to give back bank draf to me keep saying already lose it. Can i still refund my bank draft?
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If it's not yet banked in I think you can, need to talk to the bank though.
wodenus
post Jun 1 2017, 06:28 PM

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QUOTE(carrylisme @ May 6 2016, 10:40 AM)
I went to the Maybank at PJ Old Town to make a bank draft but got rejected.

The purpose for the bank draft is to pay 3% booking fee for buying subsale house and it is over 10K.

That Malay aunty sat behind counter (maybe she's the boss la)rejected my request saying that I need to show them proof of the house price, amount of booking price and real estate agency details.

I was shocked because previously CIMB did not request any proof when I requested for a bank draft and it went smoothly. They only requested company name to be transferred and check if you have enough money, that's it.

Maybank staff keep saying that I want to make bankers check but I told them I want to make bank draft.

To all Sifus,

1) are bankers check and bank draft the same?
2) do I really need to show proof of house price, booking amount and real estate agency details.
3) if yes, how do I get that because it is a subsale house and don't have any fancy pamphlet like new house always got.
4) can someone punch that aunty in her face because she annoyed me too much.

thank you in advance
*
Why not just go to CIMB?

IdiotGuY88
post Jul 25 2017, 02:17 PM

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QUOTE(carrylisme @ May 6 2016, 10:40 AM)
I went to the Maybank at PJ Old Town to make a bank draft but got rejected.

The purpose for the bank draft is to pay 3% booking fee for buying subsale house and it is over 10K.

That Malay aunty sat behind counter (maybe she's the boss la)rejected my request saying that I need to show them proof of the house price, amount of booking price and real estate agency details.

I was shocked because previously CIMB did not request any proof when I requested for a bank draft and it went smoothly. They only requested company name to be transferred and check if you have enough money, that's it.

Maybank staff keep saying that I want to make bankers check but I told them I want to make bank draft.

To all Sifus,

1) are bankers check and bank draft the same?
2) do I really need to show proof of house price, booking amount and real estate agency details.
3) if yes, how do I get that because it is a subsale house and don't have any fancy pamphlet like new house always got.
4) can someone punch that aunty in her face because she annoyed me too much.

thank you in advance
*
May i know the updates? Because I'm going to buy bank draft also to pay 7% deposit for buying subsale house and it is over 30K.
For 3% booking fee, I'm using online bank transfer which is also over 10k
Acky92
post Aug 6 2017, 01:11 AM

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I want to do a bank cheque at a public bank branch. Do I need to bring my bank book ?

This post has been edited by Acky92: Aug 6 2017, 01:12 AM
mikanico
post Aug 11 2017, 08:28 AM

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I just did a Bank draft at Hong Leong, all inclusive is RM5.98
Commision RM5
Cheque fee RM0.50
Stamping RM0.15
GST RM0.33
nomiko
post Aug 16 2018, 09:53 AM

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From: Puchong, Selangor


hi all, i need to do the banker's draft for tender bond... do i need to bring any document for application. thank you
DM3
post Feb 25 2019, 08:37 AM

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Can now buy the draft at any bank by Instant transfer?
basilpaschal
post Feb 25 2019, 08:48 AM

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what if you lose the bank draft...lost....do you lose your money as well ?
AskarPerang
post Feb 25 2019, 02:46 PM

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QUOTE(DM3 @ Feb 25 2019, 08:37 AM)
Can now buy the draft at any bank by Instant transfer?
*
Instant transfer to which account if you do not have any banking account with that bank?
I dont think is possible. You need to have a banking account with that bank only able to do bank draft with that bank.

QUOTE(basilpaschal @ Feb 25 2019, 08:48 AM)
what if you lose the bank draft...lost....do you lose your money as well ?
*
Nope. Just like normal cheque. Only the person / name stated on the cheque can actually cash out the money. You dont have to worry unless the cheque is bearing a very general name.
You can declare lost at the same branch you do the cheque. Penalty is RM20.

If you return a banker cheque unusued, the cost is RM2.
For comparison purpose.
Level 60 Wizard
post Feb 25 2019, 04:46 PM

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QUOTE(MilesAndMore @ May 10 2010, 11:42 PM)
The maximum inter-branch withdrawal limit per day is RM25,000. Therefore, it is fine to go to any Maybank branches nationwide if the amount of money you intend to withdraw is no more than RM25,000. Otherwise, you will have to go back to your account holding branch.
Yes. You do. And you will need to pay RM2.15 (RM2 comission + RM0.15 stamp duty) for the banker's cheque.
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Hmm. Seems like different from what i did last year.

I did a Rm100k bank draft and there's Rm5 charges in Maybank.

Added : Sorry jst saw your post is 2010 LOL

This post has been edited by Level 60 Wizard: Feb 25 2019, 04:47 PM
basilpaschal
post Feb 26 2019, 09:23 AM

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QUOTE(AskarPerang @ Feb 25 2019, 02:46 PM)
Instant transfer to which account if you do not have any banking account with that bank?
I dont think is possible. You need to have a banking account with that bank only able to do bank draft with that bank.
Nope. Just like normal cheque. Only the person / name stated on the cheque can actually cash out the money. You dont have to worry unless the cheque is bearing a very general name.
You can declare lost at the same branch you do the cheque. Penalty is RM20.

If you return a banker cheque unusued, the cost is RM2.
For comparison purpose.
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thanks bro
ego draconis
post Jun 15 2019, 09:12 PM

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Let say transfer name for used vehicle with private seller.im a buyer and I gave the seller the bank draft and he run away during name transfer . Am i still have chance to cancel the bank draft ?

If yes, what happen if next time im the seller and the buyer cancel his bank draft after transfer name ?

This post has been edited by ego draconis: Jun 15 2019, 09:13 PM

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