Lowyat.NET -> Finance, Business and Investment House -> Credit Cards, Debit Cards, Prepaid Cards and Loyalty CardsCredit Card v15, Ask general questions here, Please read the 1st post before posting
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 May 19 2011, 12:55 PM
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#1
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Junior Member
126 posts Joined: Mar 2010 
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Hong Leong Bank and EON Bank merger will result our credit cards from both bank affected?
Any idea they will combine total credit limit from both bank or discontinue either one? Thank you for sharing. |
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May 20 2011, 04:12 PM
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#2
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Junior Member
126 posts Joined: Mar 2010
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QUOTE(ak1977 @ May 20 2011, 10:54 AM) Dear LYN forumers, Refer the merchant agreement, you cannot charge your own personal credit card under your own business establishment.Got a question to ask, if Shop ABC is Bank CBA merchant and the owner of the shop ABC hold the credit card of Bank CBA. Now: Q1: Can the owner of Shop ABC swipe his Bank CBA credit card at his own Shop ABC? Being the owner of the shop is it ok? Violating any rules? Q2: Same condition as Q1 but this time Owner of Shop ABC swipe his Bank CBA credit card every month with the same amount ( big amount assume >RM 20k ) and paid the full amount before the due date, is it ok to do so? Is this consider money laundering? Anyone know?  |
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