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 Priority Banking, Everything about Priority Banking

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Tsting
post Feb 8 2024, 06:07 PM

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QUOTE(Hansel @ Jan 30 2024, 06:00 PM)
Both of you guys are right in the above.

Many banks besides DBS and SCB do not accept equities as part of AUM for the 250K and the 1,5mil brackets. The banks can still accept mutual funds, unit trusts and of course, cash, but not equities.
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it seems like SCB Malaysia allow shares to be part of AUM, much like Singapore.
privatequity
post Feb 9 2024, 07:06 PM

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is UOB privilege banking/private banking good? can open singapore uob also right?
winterbear
post Feb 10 2024, 07:33 PM

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QUOTE(PseudomonasSA @ Jan 29 2024, 08:14 PM)
Does anyone know of an Alliance Bank privilege relationship manager to introduce? Thank you!
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My Alliance bank RM is at Setapak..
If you are interested,can PM me.
hksgmy
post Feb 15 2024, 04:07 AM

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QUOTE(privatequity @ Feb 9 2024, 07:06 PM)
is UOB privilege banking/private banking good? can open singapore uob also right?
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Yes. For UOB Private, they’ll allow you a reduced AUM of $3m for the first 2 years, but subsequently they expect $5m AUM.
Hansel
post Feb 15 2024, 05:22 AM

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QUOTE(hksgmy @ Feb 15 2024, 04:07 AM)
Yes. For UOB Private, they’ll allow you a reduced AUM of $3m for the first 2 years, but subsequently they expect $5m AUM.
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What are the privileges offered for UOB Private ? Anything special compared to DBS Private Client or SCB Priority Private ?
hksgmy
post Feb 15 2024, 05:32 AM

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QUOTE(Hansel @ Feb 15 2024, 05:22 AM)
What are the privileges offered for UOB Private ? Anything special compared to DBS Private Client or SCB Priority Private ?
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Nothing more than the usual that I get from DBS or Maybank private - free limo service, the usual wine and dine opportunities once or twice a year, the dedicated RM service and slightly better rates and discounts on product purchases.
Hansel
post Feb 15 2024, 05:41 AM

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QUOTE(hksgmy @ Feb 15 2024, 05:32 AM)
Nothing more than the usual that I get from DBS or Maybank private - free limo service, the usual wine and dine opportunities once or twice a year, the dedicated RM service and slightly better rates and discounts on product purchases.
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Thank you, bro… the limo service - what car do they use ? How many times a year from and to the airport ?

By the way, how abt free access to ‘more-exclusive’ airport lounges in diff cities ?
hksgmy
post Feb 15 2024, 05:56 AM

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QUOTE(Hansel @ Feb 15 2024, 05:41 AM)
Thank you, bro… the limo service - what car do they use ? How many times a year from and to the airport ?

By the way, how abt free access to ‘more-exclusive’ airport lounges in diff cities ?
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12 times per year per person/account with Maybank. Any car you want. I took an Alphard this last trip to Australia, but I’ve ordered Mercs and Vellfires previously.

DBS has unlimited limo transfers.

I’ve never had to use UOBs yet, so I don’t know the exact details.

Sorry, just read your 2nd question.

I can only answer for Changi - there’s a dedicated DBS Private Client Access lounge right next to the SilverKris lounge. I usually don’t bother with the free Priority Pass lounge access that comes with Maybank’s private banking as wife and I usually fly Suite/First or Business Class anyway.

This post has been edited by hksgmy: Feb 15 2024, 05:59 AM
Hansel
post Feb 15 2024, 06:12 AM

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QUOTE(hksgmy @ Feb 15 2024, 05:56 AM)
12 times per year per person/account with Maybank. Any car you want. I took an Alphard this last trip to Australia, but I’ve ordered Mercs and Vellfires previously.

DBS has unlimited limo transfers.

I’ve never had to use UOBs yet, so I don’t know the exact details.

Sorry, just read your 2nd question.

I can only answer for Changi - there’s a dedicated DBS Private Client Access lounge right next to the SilverKris lounge. I usually don’t bother with the free Priority Pass lounge access that comes with Maybank’s private banking as wife and I usually fly Suite/First or Business Class anyway.
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Thank you again.

Ok.. yeah, when we fly Business or First, the boarding pass itself comes with accesses.

For Changi, sometimes, for speed, I might just fly Scoot, hence would need to use the card access. Yup, have used the PC Access Lounge previously… but there was a time a few years ago, this lounge was under reno and couldn’t be used.

Just extra info… since you frequent Kingsford Smith Airport, you can use the more exclusive lounge right at the top of the escalator when your DBS PC Card. Don’t need to fly Qantas First Class to access this lounge.

Oh yeah - SCB’s limo is also 12 times per year.
hksgmy
post Feb 15 2024, 06:20 AM

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QUOTE(Hansel @ Feb 15 2024, 06:12 AM)
Thank you again.

Ok.. yeah, when we fly Business or First, the boarding pass itself comes with accesses.

For Changi, sometimes, for speed, I might just fly Scoot, hence would need to use the card access. Yup, have used the PC Access Lounge previously… but there was a time a few years ago, this lounge was under reno and couldn’t be used.

Just extra info… since you frequent Kingsford Smith Airport, you can use the more exclusive lounge right at the top of the escalator when your DBS PC Card. Don’t need to fly Qantas First Class to access this lounge.

Oh yeah - SCB’s limo is also 12 times per year.
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Tks for the tip bro! We usually fly SQ and I try to avoid Qantas like the plague if possible hahaha. SQ’s lounge at Sydney is OK, nothing special, but will have menu table service as per their First Class standard. I usually hop across to Air NZ’s lounge to enjoy the better view after filling my tummy up at SilverKris haha.

Here’s my latest use of the lounge at Sydney Airport
Hansel
post Feb 15 2024, 06:33 AM

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QUOTE(hksgmy @ Feb 15 2024, 06:20 AM)
Tks for the tip bro! We usually fly SQ and I try to avoid Qantas like the plague if possible hahaha. SQ’s lounge at Sydney is OK, nothing special, but will have menu table service as per their First Class standard. I usually hop across to Air NZ’s lounge to enjoy the better view after filling my tummy up at SilverKris haha.

Here’s my latest use of the lounge at Sydney Airport
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Ok bro…the Qantas FC has better sleep facilities and cleaner showers compared to Silverkris Lounge. 😂

I’m not so much on the food… but I’m more keen in sleep and showers for long-distance flights.
hksgmy
post Feb 15 2024, 06:57 AM

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QUOTE(Hansel @ Feb 15 2024, 06:33 AM)
Ok bro…the Qantas FC has better sleep facilities and cleaner showers compared to Silverkris Lounge. 😂

I’m not so much on the food… but I’m more keen in sleep and showers for long-distance flights.
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Haha. Got it. Qantas inflight service is, at best, meh. And if you’re unlucky, you’ll get a really surly, way past her prime fatty land whale who already has trouble squeezing past the FC aisle, much less do that while serving you food and drinks on a wobbly trolley she can barely control hahaha.

Fly safe bro!
privatequity
post Feb 15 2024, 01:09 PM

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QUOTE(hksgmy @ Feb 15 2024, 05:56 AM)
12 times per year per person/account with Maybank. Any car you want. I took an Alphard this last trip to Australia, but I’ve ordered Mercs and Vellfires previously.

DBS has unlimited limo transfers.

I’ve never had to use UOBs yet, so I don’t know the exact details.

Sorry, just read your 2nd question.

I can only answer for Changi - there’s a dedicated DBS Private Client Access lounge right next to the SilverKris lounge. I usually don’t bother with the free Priority Pass lounge access that comes with Maybank’s private banking as wife and I usually fly Suite/First or Business Class anyway.
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Is that Maybank SG premier acc holder? Am Maybank MY premier acc holder, didn't know there's such services.

Also, would like to learn - any tips sharing diversification/asset protection for our capital? currently mine is in MY bank and MY brokerage acc.
hksgmy
post Feb 15 2024, 01:21 PM

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QUOTE(privatequity @ Feb 15 2024, 01:09 PM)
Is that Maybank SG premier acc holder? Am Maybank MY premier acc holder, didn't know there's such services.

Also, would like to learn - any tips sharing diversification/asset protection for our capital? currently mine is in MY bank and MY brokerage acc.
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I am with private banking for Maybank, DBS and UOB in Singapore. I don’t think Maybank Premier has the free limo service… sorry for the confusion.
icemanfx
post Feb 15 2024, 02:52 PM

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QUOTE(Hansel @ Feb 15 2024, 06:33 AM)
Ok bro…the Qantas FC has better sleep facilities and cleaner showers compared to Silverkris Lounge. 😂

I’m not so much on the food… but I’m more keen in sleep and showers for long-distance flights.
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QF F lounge have excellent selection of wine and good choice of food.

This post has been edited by icemanfx: Feb 15 2024, 02:54 PM
Hansel
post Feb 15 2024, 09:36 PM

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QUOTE(icemanfx @ Feb 15 2024, 02:52 PM)
QF F lounge have excellent selection of wine and good choice of food.
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Yeah…lesser people too…

Since we’re on tjis tooic, Virgin Air BC has excellent treatment at Kingsford Snith. Even their Dimestic BC has own baggage clearance bext to the the BC Lounge.
Hansel
post Feb 15 2024, 09:37 PM

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QUOTE(icemanfx @ Feb 15 2024, 02:52 PM)
QF F lounge have excellent selection of wine and good choice of food.
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Yeah…lesser people too…

Since we’re on tjis tooic, Virgin Air BC has excellent treatment at Kingsford Snith. Even their Dimestic BC has own baggage clearance bext to the the BC Lounge.
Hansel
post Feb 15 2024, 09:44 PM

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QUOTE(hksgmy @ Feb 15 2024, 06:57 AM)
Haha. Got it. Qantas inflight service is, at best, meh. And if you’re unlucky, you’ll get a really surly, way past her prime fatty land whale who already has trouble squeezing past the FC aisle, much less do that while serving you food and drinks on a wobbly trolley she can barely control hahaha.

Fly safe bro!
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I love the fat ones…😂👍👍

Just my preference… but not ‘out-pf-shape’ pls…sorry for being so direct….
guy3288
post Mar 1 2024, 11:43 PM

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Bank Islam starting Premier Wealth next time can buy bonds


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hksgmy
post Mar 5 2024, 01:47 AM

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One perk that I just found out today… I got offered the use of the Maybank Lounge at the National Stadium where I could enjoy Taylor Swift’s concert in air conditioned comfort this coming Saturday. My RM sent me a text with the invitation.

I told her thanks but no thanks, not a Swiftie haha.

[attachmentid=11492329]

This post has been edited by hksgmy: Mar 5 2024, 08:40 AM

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