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 How to open current account, for business purpose

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munkeyflo
post Nov 2 2011, 07:49 PM

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QUOTE(rockstar_ @ Nov 2 2011, 02:10 PM)
Hi,

My GF is having online business by selling miscellaneous stuffs over facebook.. the cash flow is quite large so her bank is freezing her account bcoz she don't have registered company. her bank suggests for she to open up a current account with registered company. do any of u guys is having experience on registering the company with SSM and opening current account? i heard they need some kind of company rubber stamp when opening the account.. thanks.
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My online business is registered under SSM as enterprise, Sdn Bhd will cost you more money.

After you register the company, go and make a company chop.

Bring your chop and the company registration thingy that you got from SSM to bank to open company current account. Minimum deposit depends on the bank. For me I open account with Maybank, if not mistaken was RM2k deposit, or maybe less I'm not sure. Also for current accounts, usually you'll have to have someone who already has a current account to refer, or in other words, an introducer.

 

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