M no sifu
Just share wat I know here

my cash only 4 digit ..... should be fine...anyway, no more cash to top up....

I did asked bank teller -
why requested for my IC , even top up ,

she informed me , with my ic ,
inserted into the biometric dock ,
all my ASx data will appear on her screen on the spot

she will click on my request for ASM or ASW - and key in the amount ...
more cepat to capture units for me -

if without ic -
( waste time key in data manually - name , acc no# , etc .. )

Let me introduce to you to the FATCA law; or in the financial industry we call it the Finding All The Cheating Americans law

Well the actual name of the US-IRS law is Foreign Account Tax Compliance Act.

It's a G2G arrangement established between countries ie: basically if you wan't to do business with the americans, one must allow for this law to be "applied".

You don't have to be an american citizen or PR or green card holder for the law to apply. If you've ever worked/studied/stayed/have an account in US or heck even have a PO box in US the law applies

This post has been edited by hyelbaine: Oct 7 2016, 11:11 AM

2 days already like that

I was asked for thumb print scan when updating my AS1M days ago.

I told the staff - it was a real stupid unnecessary step. What would be the damage of updating an account book?

The staff replied in a very polite way of saying - that how we secure our job in Maybank, in addition securing your money.

They want redundancy to make more people have jobs. I got it.

This post has been edited by kpfun: Oct 7 2016, 11:17 AM

Oh like that then I better give my IC
Faster can grab the units and less work for tellers which indirectly make them happy. So I can ask multiple time

Ha ha.

Thanks.

USA is getting too empowering even outside the country. Good and bad.

Then u better report to CS.
Cannot be like that for 2 days

Good explanations, bro Hyelbaine,....

Yeah,.. the forms, not only in Msia, but everywhere else in the world basically asks you if you have 'anything' in The US. Just wondering,.. what happens if you answer 'yes' to some of the questions ? They can choose not to open the account for you, right ? Or what else will they do, bro ??

Hi, long time no see. Actually I wondering how will they know if we have a post box (for shopping purpose) if we don't declare.

Updated my AS1M & family passbooks at my favorite Affin bank.

No need IC & wakil form. Luckily not much $ in accounts or I'll be 'tempted' to top up.

No unit available today

Yup, wondering that too..
Do they like have link something to US..
If we cheat in the form, can detect

Friday not a good day to top up, no one withdraw?

Try again & again..
Don't give up hope lor

How lucky some guys top up so much yesterday

U try around 3.30pm & see..
Normally there's some units available that time

You're still allowed to open your account, no problem. It's the responsibility of the financial institution to then submit your details to LHDN who would then work with the IRS accordingly.


If you don't declare and don't get caught, no problem. If you don't declare and then get caught, then as Russel Peters would say; Somebody gonna get hurt real bad

Hi all sifus here.. am newbie to all these amanah saham things.. managed to opened AS1M with 3 digits yesterday at ASNB Kuching..