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 Priority Banking, Everything about Priority Banking

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LuckyBai
post Feb 1 2023, 12:35 PM

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QUOTE(Afterburner1.0 @ Feb 1 2023, 10:33 AM)
All this priority banking is all BS and giving customers a push to their overly inflated ego! LOL.... what i need as a priority banking customers is better FD rates and maybe throw in a priority parking space in front of the bank. thats about it.... no need black or matt black credit card or 3 mil credit limit.... x payah semua tu..... im a practical uncle i wanna grow my money.... smile.gif period.
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This isbwhy i like Public Bank red carpet banking .. Truly deserved
xander2k8
post Feb 1 2023, 12:36 PM

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QUOTE(Afterburner1.0 @ Feb 1 2023, 10:33 AM)
All this priority banking is all BS and giving customers a push to their overly inflated ego! LOL.... what i need as a priority banking customers is better FD rates and maybe throw in a priority parking space in front of the bank. thats about it.... no need black or matt black credit card or 3 mil credit limit.... x payah semua tu..... im a practical uncle i wanna grow my money.... smile.gif period.
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Otherwise how banks gonna they earn their money 🤦‍♀️

That is why those Ultra rich only uses their own private bank for the privileges

QUOTE(Unkerpanjang @ Feb 1 2023, 12:07 PM)
Ampun, Ampun, Unker semua,

But it's established that humans theories of motivation by Maslow n Herzberg.

While such motivation is not necessary for segment of society, I wud conclude the banks have spent $$$ researching the opposite to be commercially viable & financially profitable. Customers do feel good when with special treatment.
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Don’t you know that major big banks in the world would hire a fresh grad in psychology rather than in Finance?

Most banks these days would have those expertise to play the ego game otherwise why on earth they love emphasising AUM 🤦‍♀️

QUOTE(CommodoreAmiga @ Feb 1 2023, 12:25 PM)
Totally agree. If the FD rates only a little bit better or can't even beat open promo from other banks, I no Gip fcuk. I will rather put my eggs in many baskets, and keep Russian rouletting the money to become "fresh fund" from banks to banks.
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Don’t Russian roulette too much later BNM will start capital controls on you
CommodoreAmiga
post Feb 1 2023, 12:42 PM

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QUOTE(xander2k8 @ Feb 1 2023, 12:36 PM)
Otherwise how banks gonna they earn their money 🤦‍♀️

That is why those Ultra rich only uses their own private bank for the privileges
Don’t you know that major big banks in the world would hire a fresh grad in psychology rather than in Finance?

Most banks these days would have those expertise to play the ego game otherwise why on earth they love emphasising AUM 🤦‍♀️
Don’t Russian roulette too much later BNM will start capital controls on you
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Eh..what Capital control? It's not like i Russian roulette millions every time. Move from bank to bank for FD apa sarahan? Unker small fry B40 ikan bilis only.

This post has been edited by CommodoreAmiga: Feb 1 2023, 12:44 PM
xander2k8
post Feb 1 2023, 12:47 PM

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QUOTE(CommodoreAmiga @ Feb 1 2023, 12:42 PM)
Eh..what Capital control? It's not like i Russian roulette millions every time. Move from bank to bank for FD apa sarahan? Unker small fry B40 ikan bilis only.
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You never know our BNM 🤦‍♀️ unpredictable and only start banning those authentic accounts while letting scammer and mules account running around

icemanfx
post Feb 1 2023, 01:09 PM

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QUOTE(Afterburner1.0 @ Feb 1 2023, 10:33 AM)
All this priority banking is all BS and giving customers a push to their overly inflated ego! LOL.... what i need as a priority banking customers is better FD rates and maybe throw in a priority parking space in front of the bank. thats about it.... no need black or matt black credit card or 3 mil credit limit.... x payah semua tu..... im a practical uncle i wanna grow my money.... smile.gif period.
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Ideal target for structured products.
Unkerpanjang
post Feb 1 2023, 03:00 PM

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QUOTE(CommodoreAmiga @ Feb 1 2023, 12:42 PM)
Eh..what Capital control? It's not like i Russian roulette millions every time. Move from bank to bank for FD apa sarahan? Unker small fry B40 ikan bilis only.
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Unker Commodore....I understand your coded msg.

B40 = barely $40 million net worth!

As mentioned, i far from being the brightest in forum, but gifted with ability to decide puzzles.
CommodoreAmiga
post Feb 1 2023, 03:06 PM

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QUOTE(Unkerpanjang @ Feb 1 2023, 03:00 PM)
Unker Commodore....I understand your coded msg.

B40 = barely $40 million net worth!

As mentioned, i far from being the brightest in forum, but  gifted with ability to decide puzzles.
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I am very honest. If have 40m, I will claim T20. Unker Commodore no lie.
xander2k8
post Feb 1 2023, 03:33 PM

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QUOTE(CommodoreAmiga @ Feb 1 2023, 03:06 PM)
I am very honest. If have 40m, I will claim T20. Unker Commodore no lie.
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Under like the top prize 👏

Wait for those T20 go claim rm5 food 🤦‍♀️
guy3288
post Feb 3 2023, 12:36 AM

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QUOTE(Afterburner1.0 @ Feb 1 2023, 10:33 AM)
All this priority banking is all BS and giving customers a push to their overly inflated ego! LOL.... what i need as a priority banking customers is better FD rates and maybe throw in a priority parking space in front of the bank. thats about it.... no need black or matt black credit card or 3 mil credit limit.... x payah semua tu..... im a practical uncle i wanna grow my money.... smile.gif period.
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cant say totally BS, i used it i know it helped me quite alot
we dont go for that per se, but if what you have with bank adequate for you access to them why not?
is not that bank is going to charge you
without the RM many things become susah

QUOTE(CommodoreAmiga @ Feb 1 2023, 12:25 PM)
Totally agree. If the FD rates only a little bit better or can't even beat open promo from other banks, I no Gip fcuk. I will rather put my eggs in many baskets, and keep Russian rouletting the money to become "fresh fund" from banks to banks.
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Banks won't pay much higher FD rates, they skimp there to spend here
Just reduce 0.1% from FD rates can run many appreciation dinners like this


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umboy
post Feb 4 2023, 01:12 AM

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QUOTE(Nemozai @ Jan 27 2023, 02:59 PM)
Just curious. How long inactivity needed for CIMB SG account to get dormant ? Mine 1 year inactivity still active.
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Same
Mine no transaction for more than 1 year is still active
umboy
post Feb 4 2023, 01:14 AM

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QUOTE(gedebe @ Jan 28 2023, 05:29 PM)
what is the benefit of being recognized internationally?
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You can open a foreign bank account without working there
You will also receive premier/priority/privilege treatment
xander2k8
post Feb 4 2023, 04:25 AM

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QUOTE(umboy @ Feb 4 2023, 01:14 AM)
You can open a foreign bank account without working there
You will also receive premier/priority/privilege treatment
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Not necessary true as different countries have different banking regulations 🤦‍♀️

Some countries you will get taxed as well even for savings account

This post has been edited by xander2k8: Feb 4 2023, 04:25 AM
LoTek
post Feb 16 2023, 04:29 PM

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user posted image
Anyone coming?
babyscouts
post Mar 3 2023, 12:16 PM

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Exclusive dining event for priority customers
babyscouts
post Mar 3 2023, 12:18 PM

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Love private banking
Regional branch manager pay special attention to u during dining event
xander2k8
post Mar 3 2023, 12:26 PM

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QUOTE(babyscouts @ Mar 3 2023, 12:18 PM)
Love private banking
Regional branch manager pay special attention to u during dining event
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Of course because you have pay upfront for the dining event instead 🤦‍♀️

No such thing as free meal in this world
gooroojee
post Apr 7 2023, 12:27 PM

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Perhaps one benefit worth going for - SCB premier banking customers can get up to RM0, and 0.00% brokerage fees for trading on Smart Stocks:

user posted image
xander2k8
post Apr 7 2023, 03:27 PM

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QUOTE(gooroojee @ Apr 7 2023, 12:27 PM)
Perhaps one benefit worth going for - SCB premier banking customers can get up to RM0, and 0.00% brokerage fees for trading on Smart Stocks:

user posted image
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They can give you free brokerage because they already marked up the FX spread which is way more profits compared to brokerage 🤦‍♀️ and will earn both sides when you sell easily 5% both ways
gooroojee
post Apr 7 2023, 03:35 PM

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QUOTE(xander2k8 @ Apr 7 2023, 03:27 PM)
They can give you free brokerage because they already marked up the FX spread which is way more profits compared to brokerage 🤦‍♀️ and will earn both sides when you sell easily 5% both ways
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trading in Bursa in local currency got FX spread ah? rclxub.gif
xander2k8
post Apr 7 2023, 03:49 PM

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QUOTE(gooroojee @ Apr 7 2023, 03:35 PM)
trading in Bursa in local currency got FX spread ah?  rclxub.gif
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Only benefit Bursa but with other local major brokerages you can get stamp duty waiver 🤦‍♀️

 

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