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opening a business account, cimb need business license?
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SUShao2my
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Dec 24 2014, 04:28 PM, updated 11y ago
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New Member
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Hi i was trying to apply for a business account for my online business but apparently cimb is requesting for a business license. I guess they implementing this recently. which of course why would you need a business license for an online business? because all i thought is we need a business registration in ssm thats all, why the hell we need to go through dbkl for a business license for an online business?
my question here is do any of u face the same issue? and which bank do not required business license?
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smallcrab
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Dec 24 2014, 05:20 PM
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Getting Started

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Online business which means u don't need an office/shop rite?? If that's the case SSM cert is sufficient.
Couple of months ago i went open business current acct at CIMB, SSM and chop is sufficient ... my biz provides consulting service and i put house address in the SSM.
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SUShao2my
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Dec 24 2014, 05:34 PM
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New Member
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QUOTE(smallcrab @ Dec 24 2014, 05:20 PM) Online business which means u don't need an office/shop rite?? If that's the case SSM cert is sufficient. Couple of months ago i went open business current acct at CIMB, SSM and chop is sufficient ... my biz provides consulting service and i put house address in the SSM. crap i should have done it earlier, now apparently im having issue with that because they need a business license.
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MyRedz
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Dec 26 2014, 01:10 PM
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QUOTE(hao2my @ Dec 24 2014, 05:28 PM) Hi i was trying to apply for a business account for my online business but apparently cimb is requesting for a business license. I guess they implementing this recently. which of course why would you need a business license for an online business? because all i thought is we need a business registration in ssm thats all, why the hell we need to go through dbkl for a business license for an online business? my question here is do any of u face the same issue? and which bank do not required business license? hi TS..what online bbusiness are u doing
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bakry
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Dec 26 2014, 06:54 PM
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I went to DBKL to ask about this last month and was told no license for online biz. Just need ssm.
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yeezai
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Dec 28 2014, 02:13 AM
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just apply other bank then ...
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zuiko407
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Dec 28 2014, 08:17 PM
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QUOTE(hao2my @ Dec 24 2014, 04:28 PM) Hi i was trying to apply for a business account for my online business but apparently cimb is requesting for a business license. I guess they implementing this recently. which of course why would you need a business license for an online business? because all i thought is we need a business registration in ssm thats all, why the hell we need to go through dbkl for a business license for an online business? my question here is do any of u face the same issue? and which bank do not required business license? Just register one via SSM
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anuarnor
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Dec 30 2014, 07:33 AM
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Getting Started

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QUOTE(zuiko407 @ Dec 28 2014, 08:17 PM) Just register one via SSM what ts meant was there's a new ruling that you need to have your place of doing business approved by the local council (dbkl, mpsj etc) before you can open a bank account. Btw ts i heard you can still open an account with Ambank, Alliance Islamic without local council approval.
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Lifeis@mess
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Dec 30 2014, 03:25 PM
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Getting Started

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i just opened a current acc at maybank. they just need ssm cert, introducer signature and few other docs.
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uputra81
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Dec 31 2014, 09:53 AM
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Getting Started

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Hi, yeap.. had this problem also with CIMBANKZEE.. crazy bank.. I even held a customer complaint to customer service. I think you should bising2 also. I opened with maybank then. The shitty thing is they never mentioned in their website for required documents. Even now, I think they have updated their website, still no such business license requirement. Very strange and stoopid when u visit their branch. http://www.cimbislamic.com.my/en/personal/...-account-i.html
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mumeichan
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Jan 1 2015, 09:04 AM
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But CIMB online banking is the best in malaysia now
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SUShao2my
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Jan 6 2015, 12:53 PM
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New Member
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i jsut went to a maybank branch and they say it required form B and D?
what is b and d?
is d license too?
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SUShao2my
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Jan 6 2015, 12:54 PM
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New Member
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QUOTE(Lifeis@mess @ Dec 30 2014, 03:25 PM) i just opened a current acc at maybank. they just need ssm cert, introducer signature and few other docs. which maybank you went?
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Lifeis@mess
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Jan 6 2015, 01:16 PM
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Getting Started

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QUOTE(hao2my @ Jan 6 2015, 12:54 PM) cyberjaya branch
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SUShao2my
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Jan 6 2015, 01:18 PM
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New Member
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QUOTE(Lifeis@mess @ Jan 6 2015, 01:16 PM) now i got another issue, i need a introducer wth! why so hard just to open a business account in malaysia anyone can recommend me a bank out there, that just need ssm cert ?
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techmania
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Jan 6 2015, 01:19 PM
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Getting Started

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QUOTE(mumeichan @ Jan 1 2015, 09:04 AM) But CIMB online banking is the best in malaysia now In sense of what compare to MBB?
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techmania
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Jan 6 2015, 01:29 PM
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Getting Started

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QUOTE(hao2my @ Jan 6 2015, 01:18 PM) now i got another issue, i need a introducer wth! why so hard just to open a business account in malaysia anyone can recommend me a bank out there, that just need ssm cert ? Most banks need introducer which hv current a/c on the bank you want to open but few banks allow you to open if you have certain amount of fix deposit in there, public bank is one of them but this is few years back I don't know still apply today.
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smallcrab
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Jan 6 2015, 11:30 PM
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Getting Started

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QUOTE(hao2my @ Jan 6 2015, 12:53 PM) i jsut went to a maybank branch and they say it required form B and D? what is b and d? is d license too? form D is the SSM biz reg cert for sole proprietor/enterprise. last May i opened CIMB biz current acct, need RM1k deposit only. No need introducer also. No need dbkl/mpsj / whatever tahi. MBB need 2k and introducer. OCBC need 20k deposit! CIMB best for me.
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SUShao2my
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Jan 7 2015, 01:17 PM
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New Member
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QUOTE(smallcrab @ Jan 6 2015, 11:30 PM) form D is the SSM biz reg cert for sole proprietor/enterprise. last May i opened CIMB biz current acct, need RM1k deposit only. No need introducer also. No need dbkl/mpsj / whatever tahi. MBB need 2k and introducer. OCBC need 20k deposit! CIMB best for me. they recently change on November i guess thats why is crap
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shadow_walker
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Jan 8 2015, 09:48 AM
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QUOTE(techmania @ Jan 6 2015, 01:29 PM) Most banks need introducer which hv current a/c on the bank you want to open but few banks allow you to open if you have certain amount of fix deposit in there, public bank is one of them but this is few years back I don't know still apply today. bro if i already got current a/c with maybank...do i still need an introducer to open a bank account for my new company?
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