Outline ·
[ Standard ] ·
Linear+
Digital bank Rize, By Al Rajhi Bank
|
nexona88
|
 Mar 19 2024, 10:24 AM
|
|
QUOTE(sjz @ Mar 19 2024, 10:18 AM) that is very bad  imagine if they chose not to continue the 4% p.a. how long would it takes for account closure and to get back the final RM20. do BNM have any guidance or timeline where bank must process closure of account within x period? They very typical slow in these stuff... So really need to consider if you really want to keep that rm20 or just let it burned... BNM guidelines??? Not sure about it... What I know... No transactions for 1 year, consider as inactive accounts 😔 |
|
|
|
|
|
TSikanbilis
|
Mar 19 2024, 11:16 AM
|
|
|
QUOTE(nexona88 @ Mar 19 2024, 10:09 AM) I think got 1 guy... Apply to close from December.... Until now still dragging.... It was me the TS who applied to close my Rize acc in Dec. My acc was eventually closed in late Feb. |
|
|
|
|
|
TSikanbilis
|
Mar 19 2024, 11:23 AM
|
|
|
QUOTE(sjz @ Mar 19 2024, 10:18 AM) that is very bad imagine if they chose not to continue the 4% p.a. how long would it takes for account closure and to get back the final RM20. do BNM have any guidance or timeline where bank must process closure of account within x period? You could leave only RM10 in Rize account, not RM20. |
|
|
|
|
|
ronnie
|
Mar 19 2024, 11:31 AM
|
|
|
QUOTE(ikanbilis @ Mar 19 2024, 11:23 AM) You could leave only RM10 in Rize account, not RM20. that's good... lower than usual |
|
|
|
|
|
nexona88
|
Mar 19 2024, 12:00 PM
|
|
|
QUOTE(ikanbilis @ Mar 19 2024, 11:16 AM) It was me the TS who applied to close my Rize acc in Dec. My acc was eventually closed in late Feb. Oh already closed... Good... Quite long time to process huh... December to late February |
|
|
|
|
|
sp3d2
|
Mar 19 2024, 12:00 PM
|
|
|
QUOTE(ikanbilis @ Mar 19 2024, 11:16 AM) It was me the TS who applied to close my Rize acc in Dec. My acc was eventually closed in late Feb. what is the negative impact if you just choose to leave RM 10 in rize for forever instead of closing it? |
|
|
|
|
|
LostAndFound
|
Mar 19 2024, 12:02 PM
|
|
|
QUOTE(sp3d2 @ Mar 19 2024, 12:00 PM) what is the negative impact if you just choose to leave RM 10 in rize for forever instead of closing it? You lose RM10? Also not sure if it makes a difference next time you try to reopen account (with Rize or with parent bank).... |
|
|
|
|
|
ronnie
|
Mar 19 2024, 12:03 PM
|
|
|
it maybe not wise to close in case RIZE returns with 5% promo
|
|
|
|
|
|
nexona88
|
Mar 19 2024, 12:05 PM
|
|
|
QUOTE(sp3d2 @ Mar 19 2024, 12:00 PM) what is the negative impact if you just choose to leave RM 10 in rize for forever instead of closing it? Dormant account??? 😁 |
|
|
|
|
|
sp3d2
|
Mar 19 2024, 12:07 PM
|
|
|
QUOTE(LostAndFound @ Mar 19 2024, 12:02 PM) You lose RM10? Also not sure if it makes a difference next time you try to reopen account (with Rize or with parent bank).... ya definitely will lose RM 10 la. hahaha but let say i dont care about that RM 10, is there any negative impact of just leaving it there for forever. |
|
|
|
|
|
sp3d2
|
Mar 19 2024, 12:08 PM
|
|
|
QUOTE(nexona88 @ Mar 19 2024, 12:05 PM) if it remain as dormant, what will happened? |
|
|
|
|
|
TSikanbilis
|
Mar 19 2024, 12:17 PM
|
|
|
QUOTE(nexona88 @ Mar 19 2024, 12:00 PM) Oh already closed... Good... Quite long time to process huh... December to late February Though account is closed i still can log into my account. Today i check suddenly got 3sen in the account, presumably is the RM10 interest for Feb. 
|
|
|
|
|
|
sjz
|
Mar 19 2024, 12:20 PM
|
|
|
QUOTE(ikanbilis @ Mar 19 2024, 12:17 PM) Though account is closed i still can log into my account. Today i check suddenly got 3sen in the account, presumably is the RM10 interest for Feb.
can ask how they refund you the RM10 during account closure?  they trf to another bank? This post has been edited by sjz: Mar 19 2024, 12:20 PM |
|
|
|
|
|
TSikanbilis
|
Mar 19 2024, 12:20 PM
|
|
|
QUOTE(sp3d2 @ Mar 19 2024, 12:07 PM) ya definitely will lose RM 10 la. hahaha but let say i dont care about that RM 10, is there any negative impact of just leaving it there for forever. Do you have their debit card? They might deduct your balance for the debit card annual fee. |
|
|
|
|
|
TSikanbilis
|
Mar 19 2024, 12:22 PM
|
|
|
QUOTE(sjz @ Mar 19 2024, 12:20 PM) can ask how they refund you the RM10 during account closure? they trf to another bank? They transfer to the original bank you first use for the initial deposit. |
|
|
|
|
|
ericlaiys
|
Mar 19 2024, 12:38 PM
|
|
|
QUOTE(sjz @ Mar 19 2024, 10:18 AM) that is very bad imagine if they chose not to continue the 4% p.a. how long would it takes for account closure and to get back the final RM20. do BNM have any guidance or timeline where bank must process closure of account within x period? they don't care...lol |
|
|
|
|
|
ericlaiys
|
Mar 19 2024, 12:40 PM
|
|
|
QUOTE(ikanbilis @ Mar 19 2024, 12:20 PM) Do you have their debit card? They might deduct your balance for the debit card annual fee. then become -8.... u own them money instead |
|
|
|
|
|
sp3d2
|
Mar 19 2024, 01:30 PM
|
|
|
QUOTE(ikanbilis @ Mar 19 2024, 12:20 PM) Do you have their debit card? They might deduct your balance for the debit card annual fee. yes i have. let see how later. if the account remain dormant for too long, definitely they will close the account (my assumption) |
|
|
|
|
|
cybpsych
|
Mar 19 2024, 02:13 PM
|
|
|
QUOTE(sp3d2 @ Mar 19 2024, 12:08 PM) if it remain as dormant, what will happened?
13.1 Dormant account. If your account has no transaction (excluding those initiated by the Bank)
for a continuous period of 1 year or such shorter period as determined by the Bank, the Bank
may classify your account as a dormant account.
13.2 Activation of dormant account. No transaction (excluding those initiated by the Bank) will be
allowed in a dormant account unless and until that account has been reactivated by your
performing a transaction in person at any branch or you completing such other verification as
determined by the Bank.
13.3 Fee on dormant account. We may impose a charge or fee on a dormant account until the
remaining credit balances are sent to the Registrar of Unclaimed Monies pursuant to the
Unclaimed Monies Act 1965. We may also close a dormant account with prior notice to you.
13.4 Unclaimed monies. Any credit balance in an account which is not operated for a period of 7
years will be remitted to the Registrar of Unclaimed Monies pursuant to the Unclaimed Monies
Act 1965, following which the account will be closed. The Customer will be required to apply
directly to the Registrar of Unclaimed Monies for any return of unclaimed monies. // |
|
|
|
|
|
theevilman1909
|
Mar 19 2024, 04:38 PM
|
|
|
QUOTE(ericlaiys @ Mar 19 2024, 12:40 PM) then become -8.... u own them money instead if this happens... the bank asked us to pay $$$ or what?? send lawyers notices?  |
|
|
|
|
Quote
0.0203sec
0.66
6 queries
GZIP Disabled