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 Priority Banking, Everything about Priority Banking

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tinkerbel
post Jun 21 2008, 10:41 AM

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@hye,
Yup.. TS can do it but I haven't seen TS around. Alternatively, these information are also available at the Credit Card thread under 'Complementary Cards' @ Post #1. It's probably not as detailed though tongue.gif
TSmrcloud9
post Jun 22 2008, 10:20 AM

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1. Maybank Private Banking - RM 250k
2. RHB Infinity Banking - RM 200k
3. CIMB Club - RM 150k
4. Alliance Bank Privilege Banking - RM 200k
5. Bank Muamalat Prime Banking - RM 200k
6. Public Bank Red Carpet Banking - RM 250k
7. Hong Leong Priority banking - RM 200k
8. Citibank Citigold - RM 200k
9. HSBC Premier - RM 200k
10. OCBC Premier Banking - RM 300k
11. UOB Privilege Banking - RM 300k
12. ABN Amro Van Gogh Preferred Banking - RM 300k
13. Standard Chartered Priority Banking - RM 200k

most of them require the funds to be placed in FD to ensure it won't drop below the minimum entry requirements.


Added on June 22, 2008, 10:33 am
QUOTE(tinkerbel @ Jun 19 2008, 10:58 AM)
@private banker,
I apparently walked into a Maybankard Center not a Maybank Priorty Banking centre so she told me I had to go to the right branch office.  I understand the hook; I guess I just wanted the Shangri-la benefits + the 2x reward points.  I could settle for the Amex Gold Credit Card but what's the use when waiver can only be given if I had a Visa & MasterCard [I oredi haf 6 credit cards so I don't see a reason for needing a 7th, 8th or 9th] *grins*

RM100k is not a lot of $ to become a Private Banker with MBB, in my opinion.  Except the benefits are probably not that great but parking is hell at most Maybank branches.
*
the minimum entry requirement for maybank private banking is RM 250,000 contrary to popular belief of RM 100,000.

and most of the time, they require the funds to be in FD.

This post has been edited by mrcloud9: Jun 22 2008, 10:33 AM
tinkerbel
post Jun 22 2008, 11:32 AM

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@mrcloud9,
I'm surprised because the CS told me it was RM100k just last week. Nevertheless, I'm not interested in shifting my funds to become a Maybank Private Banker; will keep it with HSBC instead biggrin.gif
hye
post Jun 22 2008, 01:19 PM

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@mrcloud9

Thanks for posting the updates but maybe you want to edit the 1st post as well on the priority banking requirements ?
tinkerbel
post Jun 22 2008, 01:46 PM

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@mrcloud9,
Yup.. that way when people ask, we'll get them to refer to Post #1 smile.gif
TSmrcloud9
post Jun 22 2008, 04:50 PM

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will try. smile.gif
hye
post Jun 22 2008, 08:40 PM

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Just to update

ABN AMRO Bank Berhad has changed its name to The Royal Bank of Scotland Berhad - Link

This post has been edited by hye: Jun 22 2008, 08:41 PM
tinkerbel
post Jun 22 2008, 09:25 PM

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@mrcloud9,
Er.. it's still not been done? wink.gif
TSmrcloud9
post Jun 22 2008, 10:18 PM

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QUOTE(hye @ Jun 22 2008, 08:40 PM)
Just to update

ABN AMRO Bank Berhad has changed its name to The Royal Bank of Scotland Berhad - Link
*
so most likely abn amro's van gogh preferred banking will be rebranded to rbs's private banking as per other countries with rbs's presence.
tinkerbel
post Jun 22 2008, 10:22 PM

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@mrcloud9,
Yup, that would probably be the case biggrin.gif
Darkmage12
post Jun 23 2008, 12:41 PM

shhhhhhhhh come i tell you something hehe
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QUOTE(mrcloud9 @ Jun 22 2008, 10:20 AM)
1. Maybank Private Banking - RM 250k
2. RHB Infinity Banking - RM 200k
3. CIMB Club - RM 150k
4. Alliance Bank Privilege Banking - RM 200k
5. Bank Muamalat Prime Banking - RM 200k
6. Public Bank Red Carpet Banking - RM 250k
7. Hong Leong Priority banking - RM 200k
8. Citibank Citigold - RM 200k
9. HSBC Premier - RM 200k
10. OCBC Premier Banking - RM 300k
11. UOB Privilege Banking - RM 300k
12. ABN Amro Van Gogh Preferred Banking - RM 300k
13. Standard Chartered Priority Banking - RM 200k

most of them require the funds to be placed in FD to ensure it won't drop below the minimum entry requirements.


Added on June 22, 2008, 10:33 am

the minimum entry requirement for maybank private banking is RM 250,000 contrary to popular belief of RM 100,000.

and most of the time, they require the funds to be in FD.
*
wow nowaday it's very low eh last time it used to be at least twice the amount above....so how do we get that kind of priority service? we apply for it or they offer it by themselves cos it seem they never offer to me doh.gif
anyway mrcloud you must have tried every bank eh tongue.gif
tinkerbel
post Jun 23 2008, 01:42 PM

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@Darkmage12,
If U meet the requirements U can just go into their Priority Banking hall. Sometimes, customers who might have than that amount declines Priority Banking so U may just need to ask them smile.gif

If U qualify, it shouldn't be a problem converting U to a Priority Banking Customer. And ur definitely right; banks have now made it easier to become a Priority Banker.
TSmrcloud9
post Jul 21 2008, 01:58 AM

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Maybank has just relocated its KLCC Private Banking Centre to Marc Service Residence Jalan Pinang. Quite impressive and spacious. No more having to go down at the base of twin towers like last time! smile.gif
tinkerbel
post Jul 21 2008, 11:21 AM

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@mrcloud9,
Am glad Ur enjoying the new facilities biggrin.gif I don't meet MBB's requirement to be made a Priority Banker with them *gulps*
hokin
post Dec 17 2008, 03:06 PM

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I find this tread very interesting.

I am finding there are limitations with my current bank that I banking with using Proirity Banking (PB).

As I am based abroad and travel frequently, can someone advise which PB provides complimentary airport lounge admissions or have their own lounge for their PB customers and has a local number to ring or reverse charge call facilities to check or give instructions.
June_llk
post Dec 17 2008, 05:17 PM

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[quote=hokin,Dec 17 2008, 03:06 PM]I find this tread very interesting.

I am finding there are limitations with my current bank that I banking with using Proirity Banking (PB).


This post has been edited by June_llk: Feb 5 2009, 11:48 AM
Nidz
post Dec 17 2008, 07:16 PM

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i wanna ask the private banking customers here, especially MBB,
how to actually become a private banking customer? do i need to apply or wut?
i already have more than the required amount for the past 2 years..
last time i went to the customer service, he said cannot apply, MBB will select n it'll be by invitation only... is that true?
than how come i nvr received the invitation? huh
GeekinE90
post Dec 17 2008, 07:23 PM

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QUOTE(hokin @ Dec 17 2008, 04:06 PM)
I find this tread very interesting.

I am finding there are limitations with my current bank that I banking with using Proirity Banking (PB).

As I am based abroad and travel frequently, can someone advise which PB provides complimentary airport lounge admissions or have their own lounge for their PB customers and has a local number to ring or reverse charge call facilities to check or give instructions.
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If you recently bought a BMW from an authorized dealer, BMW Whitecard given free by BMW Malaysia gives you this benefit. I.e. use Airport lounges with a flash of the card.


vin_ann
post Dec 17 2008, 09:19 PM

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QUOTE(mrcloud9 @ Jul 21 2008, 01:58 AM)
Maybank has just relocated its KLCC Private Banking Centre to Marc Service Residence Jalan Pinang. Quite impressive and spacious. No more having to go down at the base of twin towers like last time! smile.gif
*
never ever go to base of twin towers during weekend. it's full of foreigners...
SUSOptiplex330
post Dec 18 2008, 09:20 AM

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QUOTE(mrcloud9 @ Nov 23 2007, 08:58 PM)
yes you can show the card. in hsbc's the case, its in the system. so for example when you reach london, you identify yourself and they could see your malaysian portfolio from their system. i believe hsbc premier is the first globally linked premium banking service. that means if you want to open another account in uk (lets say you get posted there), they can help you set up the account even before you reach uk. all can be done from malaysia!
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I have their Premier in Malaysia and UK. Trust me, the link is less than you think. If their Malaysian service is rated 10, then their UK service is 3.


Added on December 18, 2008, 9:25 am
QUOTE(mrcloud9 @ Nov 24 2007, 11:04 AM)
the term hsbc use is "globally linked up premium banking service" and yes they can view your accounts directly. even as it is now, i can view my london accounts balance from the hsbc malaysia internet banking.
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Please tell me how.


Added on December 18, 2008, 9:45 am
QUOTE(mIssfROGY @ Apr 8 2008, 04:07 PM)
i know one millionaire who drives a 2nd hand old proton saga, lives in a worn-out kampung house, wears old worn out clothes.
*
I know one multi multi millionaire still using a old 1st generation NEC Premario handphone ohmy.gif

Now try to beat that biggrin.gif

This post has been edited by Optiplex330: Dec 18 2008, 09:49 AM

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