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 Instant Transfer (DuitNow) & Interbank Giro (IBG)

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kit2
post Oct 3 2016, 04:37 PM

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QUOTE(Nom-el @ Oct 3 2016, 03:08 PM)
I wanted to cancel my debit card from UOB but was told by a branch staff that I need to keep the card in order to continue using my Internet banking. The reason given was so that I can reset the password from the ATM if necessary. Is it true?

I know MBB & CIMB need to link the card with Internet banking, else it won't work. Some banks like OCBC do not need ATM / debit card to use the internet banking but online IBFT won't work.

But based on an earlier post from here, a debit card is not necessary for Internet banking for both UOB and HLB. Can anyone confirm this? Thanks.
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when i first started using uob online banking i didnt have any card.

do you think that's a valid reason? do you need to reset password frequently?

you can also walk into any branch and ask for reset.
Nom-el
post Oct 3 2016, 05:15 PM

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QUOTE(kit2 @ Oct 3 2016, 04:37 PM)
when i first started using uob online banking i didnt have any card.

do you think that's a valid reason? do you need to reset password frequently?

you can also walk into any branch and ask for reset.
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So you managed to open a savings account without a debit card? Is it the eAccount? When was the last time you did an online IBFT? So far, I never had to reset my password before. I agree that the branch should be able to reset the password too. In that case, I think there is no reason to not let me cancel my card. Thanks for the reply.
kit2
post Oct 3 2016, 05:21 PM

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QUOTE(Nom-el @ Oct 3 2016, 05:15 PM)
So you managed to open a savings account without a debit card? Is it the eAccount? When was the last time you did an online IBFT? So far, I never had to reset my password before. I agree that the branch should be able to reset the password too. In that case, I think there is no reason to not let me cancel my card. Thanks for the reply.
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yes, eaccount. ibft all the time smile.gif
LNYC
post Oct 4 2016, 11:05 AM

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QUOTE(Nom-el @ Oct 3 2016, 03:08 PM)
I wanted to cancel my debit card from UOB but was told by a branch staff that I need to keep the card in order to continue using my Internet banking. The reason given was so that I can reset the password from the ATM if necessary. Is it true?

I know MBB & CIMB need to link the card with Internet banking, else it won't work. Some banks like OCBC do not need ATM / debit card to use the internet banking but online IBFT won't work.

But based on an earlier post from here, a debit card is not necessary for Internet banking for both UOB and HLB. Can anyone confirm this? Thanks.
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Hi, I don't have hlb cards and able to request for online pin. The branch I went issued an online password n username that valid for 3days only to me for the hl connect activation.
So far, I have no problem access to my acct.
cybpsych
post Oct 11 2016, 06:32 AM

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AIYH
post Oct 11 2016, 08:00 AM

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QUOTE(cybpsych @ Oct 11 2016, 06:32 AM)
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currently only PBB and HSBC have security token for consumers?

Any other banks provide similar feature for consumers?

btw, I cant seem to find this announcement on PBB website

This post has been edited by AIYH: Oct 11 2016, 08:13 AM
SUSMNet
post Oct 11 2016, 07:30 PM

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It will involve a lot of cost to bank.
TSMilesAndMore
post Oct 11 2016, 08:15 PM

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QUOTE(AIYH @ Oct 11 2016, 08:00 AM)
currently only PBB and HSBC have security token for consumers?

Any other banks provide similar feature for consumers?

btw, I cant seem to find this announcement on PBB website
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CIMB Bank offers similar security token but it is optional and with CIMB Bank, you have to 'purchase' the security token from them.
kart
post Oct 11 2016, 10:04 PM

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QUOTE(AIYH @ Oct 11 2016, 08:00 AM)
btw, I cant seem to find this announcement on PBB website
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It is best to read and fully understand the terms and conditions of using this security token, before heading to the bank to get the device.

This post has been edited by kart: Oct 11 2016, 10:05 PM
AIYH
post Oct 12 2016, 09:46 AM

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QUOTE(MilesAndMore @ Oct 11 2016, 08:15 PM)
CIMB Bank offers similar security token but it is optional and with CIMB Bank, you have to 'purchase' the security token from them.
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I know CIMB provided it for a fee. What I mean is that currently only PBB and HSBC provided this for free to consumer?

QUOTE(kart @ Oct 11 2016, 10:04 PM)
It is best to read and fully understand the terms and conditions of using this security token, before heading to the bank to get the device.
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Trying to understand more but unable to find the announcement sad.gif
Ramjade
post Oct 12 2016, 02:33 PM

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QUOTE(AIYH @ Oct 12 2016, 09:46 AM)
I know CIMB provided it for a fee. What I mean is that currently only PBB and HSBC provided this for free to consumer?
Trying to understand more but unable to find the announcement sad.gif
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Actually they don't need token. All they need is start implementing 2FA authentication with Google authenticator.
AIYH
post Oct 12 2016, 04:54 PM

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QUOTE(Ramjade @ Oct 12 2016, 02:33 PM)
Actually they don't need token. All they need is start implementing 2FA authentication with Google authenticator.
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If they provide for free, no harm to try ma laugh.gif
cybpsych
post Oct 12 2016, 08:37 PM

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IMPORTANT NOTICE: REVISED RENTAS FEE FOR OVER THE COUNTER TRANSACTION

http://www.cimbbank.com.my/content/dam/cim...ransactions.pdf

Dear Valued Customers,

Please be informed that effective from 17 October 2016, the charges imposed on the transfer of funds to another bank via RENTAS transaction over the counter CIMB Bank/CIMB Islamic Bank branch will be revised to RM5.30 (inclusive of GST).

For any inquiries, please call our Consumer Contact Centre at +603 6204 7788 (24 hours – Monday to Sunday) or visit www.cimbbank.com.my/ www.cimbislamic.com.my

Thank you for your continued support.

The Management
CIMB Bank Berhad & CIMB Islamic Bank Berhad
animegod
post Oct 12 2016, 08:49 PM

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Performed 2 IBFT from hsbc to Mbb through internet last sat. Money deducted but funds never received. Called hsbc they said the transactions no error, so all is good. Called MBB they said can see nothing from their side.. Excellent service..
SUSMNet
post Oct 22 2016, 03:41 PM

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For mbb, the interbank and intrabank daily limit is shared?
ytan053
post Oct 26 2016, 10:35 AM

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QUOTE(Ramjade @ Aug 4 2016, 11:10 AM)
SCB SA got free IBFT.  smile.gif
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This is referring to JustOne Account right (be it the normal one or the priority). CS contacted and said that for the free IBG/IBFG, there must be minimum deposit of RM1,500 a month. In addition, there will be an annual charge of the debit card (CS say must get the debit card, no opt out option) of RM8. Is this true?
Ramjade
post Oct 26 2016, 10:39 AM

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QUOTE(ytan053 @ Oct 26 2016, 10:35 AM)
This is referring to JustOne Account right (be it the normal one or the priority). CS contacted and said that for the free IBG/IBFG, there must be minimum deposit of RM1,500 a month. In addition, there will be an annual charge of the debit card (CS say must get the debit card, no opt out option) of RM8. Is this true?
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Yes. Just one. However what you say is false.
My account have rm5 I still get free transfer.
Just one account is free. No yearly fees.
ytan053
post Oct 26 2016, 10:52 AM

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QUOTE(Ramjade @ Oct 26 2016, 10:39 AM)
Yes. Just one. However what you say is false.
My account have rm5 I still get free transfer.
Just one account is free. No yearly fees.
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I always feel whatever the CS say is not as accurate as what you lyn members have experienced. Not sure is it due to change in t&c or wat. What I understand from the website is as long as you have that account, your ibg/ibft (made online) is free and there is no requirement of deposit or anything, not even the annual fee because it is not even stated in the product disclosure and terms and conditions of the account.
Ramjade
post Oct 26 2016, 10:57 AM

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QUOTE(ytan053 @ Oct 26 2016, 10:52 AM)
I always feel whatever the CS say is not as accurate as what you lyn members have experienced. Not sure is it due to change in t&c or wat. What I understand from the website is as long as you have that account, your ibg/ibft (made online) is free and there is no requirement of deposit or anything, not even the annual fee because it is not even stated in the product disclosure and terms and conditions of the account.
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Read the TnC and confirm with the worker that it is free. The rm1500 is only if you want the freee meps and interest. If you want it, just put in rm1500.Then remove it straight away.

If you don't want the free meps (but you will still get free transfer and not changed yearly fees), just leave how much you want inside there. I leave rm0 inside. biggrin.gif.

When I opened I transferred rm1500 inside for "activation" then wait one day. Next day remove everything.

This post has been edited by Ramjade: Oct 26 2016, 10:57 AM
ytan053
post Oct 26 2016, 10:59 AM

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QUOTE(Ramjade @ Oct 26 2016, 10:57 AM)
Read the TnC and confirm with the worker that it is free. The rm1500 is only if you want the freee meps and interest. If you want it, just put in rm1500.Then remove it straight away.

If you don't want the free meps (but you will still get free transfer and not changed yearly fees), just leave how much you want inside there. I leave rm0 inside. biggrin.gif.

When I opened I transferred rm1500 inside for "activation" then wait one day. Next day remove everything.
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Thanks a lot for the info. Most banks would need a minimum balance but it is interesting to see that you can leave RM0 in the account. rclxms.gif

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