My CASA with UOB is going to be 12 months without any physical transaction. To avoid dormant fee, is cash deposit through CDM counts or it must be over the counter? Thanks

I made a DuitNow transfer from

UOB to Bank Rakyat - RM0.50 service charge
UOB to CIMB - free

Any idea why the difference? Thanks

This post has been edited by Human Nature: Jul 5 2020, 10:47 AM

To BR is 10k
To CIMB is less than 1k

Ah...should have separated into <5k each..

According to the T&C from Ambank below on dormant account, the RM10 fee is one time charge or is RM10 every year?

I have an account with 0 balance and RM10 min deposit. It has been declared as dormant and RM10 has been deducted. This RM10 deduction comes from the RM10 min balance correct? So if I do nothing, will there be further fee incurred? Thanks

If that particular account is already zero balance? Is the bank allowed to take money from another savings account or FD?

Yeah, i don’t mind that clause. I want to close the account but it is a joint account requiring both sides to sign. But having problem to get the other side to follow me to bank. If the bank can touch my other account or FD then problem.

This post has been edited by Human Nature: Jul 17 2021, 09:12 PM

Let me write to the bank with clause 23.3 and also it has been dormant for more than 1 year, that I agree for the bank to close. Hopefully the bank doesn't point out that it is a joint account that needed all parties to agree. Will try this.

I contacted customer service to ask about the dormant account and lo and behold, it is actually either one to sign. Meaning the branch lied to me when I wanted to close the SA last time.

To answer some of my questions earlier:
- The RM10 dormant fees is charged every year
- Will not claw from other SA/FD if the balance is zero.

Sotong bank having problem again? Unable to DuitNow.

Seems like some of you prefer Flex over 360? Any particular reason?

Are we still able to open BSA with Hong Leong via online and without going to the bank? I recall it is possible but when I try today, it says need to set appointment.

I think the service is no longer available for BSA, being replaced by the HLB ewallet SA. That one still can.