can share how easy or difficult the account opening process? all via the app?

always remember that a business is there to make profit... that is the logic....

if you think along those lines, how does a digital bank earn revenue? from your deposit rite? so encourage easy in hard to get out lor....

chances are, by the time there is a bank run on your bank, it is already too late for you to try to withdraw anything substantial out. Can just google for news of what happened to those banks like svb or frb.

If your concern is up to 2 million ringgit liquid cash, I suggest you deploy 250K each to Maybank, CIMB, Public, HL and RHB. Put under your single name and joint (they count separately), and put in the conventional and islamic (they count separately also).

If you have many millions, like 10 to 50 million liquid cash, then you should employ a proper financial advisor to share with you how to manage the risk properly.


Don't ever be enticed by small or unknown banks in Malaysia and put FDs in, hoping for that extra 50 bps rate. It is really not worth the risk at times.