Took no longer than 2 weeks for me from the time I posted my documents to the account being opened. I think the postage took 1 week so effectively they only took 1 week to open my account from the time they received my documents.

The branch manager doesn't know what they're doing.

Show them this if you want to argue: http://www.bnm.gov.my/microsite/fxadmin/ne...1_Residents.pdf

This is from HSBC's own website: https://sp.hsbc.com.my/liquid/6399.html

This post has been edited by Aurora Boreali: Aug 27 2018, 08:06 PM

Once again he's BS-ing you. Just do your homework and read and understand the links I pasted above and go and argue with him if you really want your money out. You only need BNM's approval if you have domestic ringgit borrowing and are converting/sending more than RM 1 million out.

See this section in the HSBC link. Don't make me spoon feed you again:
Frequently Asked Questions
1. What types of transactions are impacted following the new BNM Notices on FEA Rules?

Difficult to repatriate money back? Lol. Seriously what a load of BS. BNM doesn't want money coming back in? See this clarification from BNM itself as old as 2016:

https://www.thestar.com.my/business/busines...light-on-funds/

“No approvals are required from Bank Negara for any resident to receive inward fund transfers from non-residents into any bank account in Malaysia,” it told The Star in response to questions.

Apart from that, it does not monitor the inward transfer of funds into accounts of companies or individuals unless the local bank handling the transaction suspects something amiss.

Shows that HSBC is a joke. I've never banked with them and never will.

This post has been edited by Aurora Boreali: Aug 28 2018, 01:04 AM